With the way that banks and the global stock markets have been behaving, many people fear that what will eventually take us down is an economic collapse. Governments are living WAY above their means and countries are printing money irresponsibly. It seems almost inevitable.
In the case of such an event, the world as we know it will change drastically for all but the most wealthy and politically connected. Their lives will change, too, but perhaps not as much as the average Joe’s will. Money will most likely lose value and other, more functional skills and wares will come into play.
Mention of the Great Depression readily conjures images of long lines with streets full of the skinny, unemployed masses. Beginning in 1929, the Great Depression resulted from a culmination of awful natural disasters as well as economic collapse, societal panic and the damage caused by repeated bank runs and the crash on Wall Street of October, 1929.
Do you think that you know how to prepare for the collapse of the economy? If so, are you putting that knowledge into action? In America today, people are more concerned about the possibility of an economic collapse than ever before. It has been estimated that there are now three million preppersin the United States.