For seven years, my family and I have been preparing ourselves for a long-term economic depression to occur. I have watched events unfold that affected our food supply and our transportation. I have seen diseases and illness that were considered eradicated in this country make a come back and threaten our wellbeing. I held my breath hoping these disasters wouldn’t be the triggering event that would cause our great country to go under, and used those catastrophes to see holes in my preps and filled them the best I could. I knew the only control I had was to prepare for them; so I kept my head down and pressed on. I am writing this today because I feel that we are quickly approaching a time when action must be taken. Sadly, a vast majority of the population refuses to see the economic storm approaching in the distance and will be ill-equipped to survive such an ordeal.
Admit to yourself that in the past five years, our country has drastically changed. Localized events are now increasing with more and more volatility. Former secretary of state, Madeleine Albright said it best, “The world is a mess.” Quite literally, the world as we know is being altered from the once easygoing lifestyles we have grown accustomed to into a unstable mercurial powder keg ready to explode. At the forefront of these issues is the economic disasters playing out in Greece and China causing many to wonder whether or not the dominoes will finally drop. In the U.S., many believe the Federal Reserve hasn’t done enough to prepare the markets for this type of instability. Food prices are inflating because many of the food staples we have grown accustomed to have reached their peak. Increased government taxation will also cause a slow degradation to our once flourishing nation. Additionally, due to the continued dissonance amongst races, we have watched our cities become battle grounds. And, perhaps the most heart-breaking of all is how quickly the once “land of the free” is showing clear signs of becoming a police state.
How can a new prepper prepare?
I realize that the preparations new preppers are looking at are daunting and may seem overwhelming. While many seasoned preppers were able to collect their preps over a longer period of time, new preppers are scrambling to catch up. First things first, breathe and focus on what your goal is. When I wrote The Prepper’s Blueprint: The Step-By-Step Guide To Help You Through Any Disaster, I emphasized the importance of breaking down your preparedness endeavors into short-term and long-term emergency scenarios. Organizing it in this manner, takes some of the stress off and helps you stay more focused with your preparedness goals.
Shift your perspective. To live long term in a economic depression-like event, you need to look at things differently and stop allowing consumer marketing companies to tell you what to buy. Secondly, make the realization that planned obsolescence is wasting your hard earned money. Planned obsolescence is when businesses design a product with a limited useful life, so it will become obsolete, that is, unfashionable or no longer functional after a certain period of time. An example of this would be the cellular phone fads. The rationale behind the strategy is to generate short-term sales volume by reducing the time between repeat purchases until customers catch on and move to another product platform. Many companies are doing this, and recognizing you are being deceived is the first step in stopping it.
Learn to be more sustainable. The next step is to find a more sustainable approach to living your life and investing in products. You need to focus on sustainable ways to make the most of what you have. The adage, “Use it up, wear it out, make do, or do without,” needs to be your motto from here on out. Here are 50 ways to make the most of items you have around the house.
What’s your plan? Waiting for this ticking time bomb to detonate is a horrible way to spend precious time. You can start making a plan. According to this article, here are nine steps to take to prepare for an economic depression are:
- Hold no debt (for most people this means renting)
- Hold cash and cash equivalents (short term treasuries) under your own control.
- Don’t trust the banking system, deposit insurance or no deposit insurance
- Sell equities, real estate, most bonds, commodities, collectibles (or short if you can afford to gamble)
- Gain some control over the necessities of your own existence if you can afford it
- Be prepared to work with others through bartering networks as that will give you far greater scope for resilience and security
- If you have done all that and still have spare resources, consider precious metals as an insurance policy
- Be worth more to your employer than he is paying you
- Look after your health!
Take action. Rather than paying for luxury items like cable television, and those morning coffee runs, use your money for wisely and invest in long term items like shelf stable foods, food preservation tools. As well, if your job dictates that you live in the city, talk to country cousins and make plans to live there if times get unbearable. Sending money to set up long-term food stores, off grid tools, etc., would be very beneficial and you will have peace of mind knowing your family has a place to go if you have to leave the city. Here’s an article on how to get started with the basics of prepping. As well, check out this food calculator to see how much food your family needs. Also, consider these eight prepper items to help you through a disaster. In addition, our health system is becoming unsustainable. Recently, an article exposed the unfeasible $153,000 hospital bill to care for a rattlesnake bite. Who can afford this? Start looking at natural alternatives to care for certain ailments. Medical conditions that can be cured with natural medicine such as herbs and tinctures can save you a fortune.
Our world is changing, and in order to survive, you must adapt to the changes or pay the price. World economic events are beginning to increase the possibility of a world-wide depression. If you haven’t begun to prepare, now is the time to make plans. I urge all of you to begin actively putting survival items away. Mark my words, you cannot hide from what is about to go down. There are two choices: 1. Ignore the signs and hope the event changes course, or, 2. Acknowledge there are economic storms in the future and prepare for them the best you can. The bottom line is, there is no safety net to fall into when an economic emergency occurs. How easily you land depends on how insulated you were from the disaster to begin with.