Topic: How are you preparing for an Economic Collapse/Great Depression 2.0? (Read 3200 times)

Physical silver and gold coins:)

You can't prepare, because as soon as the networks (internet and electricity) are shutting down, the planet will face 500 Fukushimas, but without cooling the reactors and the fuel pools. So, the entire inventory of all nuclear plants will be blown into the atmosphere.

Waterworld!  More seriously, I agree, some water filtration might be required but I live in Northern Europe, a rain collection device would be more than enough.
If things got so bad that people take to the sea, I would probably question if it is worth trying to go on.

Leave the USA:

The things one can do with enough BTC. 

I am looking to become more international, I am working toward making it so I can work solely on the Internet with no requirement of location.

That way I could get a small apartment in some Asian country for a few months, Costa Rica for a few more, go to conferences when they come up, etc.

Or just live wherever people will accept bitcoins.

The key is to cut down on possessions. I have a storage unit in the US that I some day need to go in and clear out to get rid of most of it.

Eventually I would like to be one of the first people living on a seastead. I have indicated my willingness to a few of the projects in the works and hope one of them works out.

I have researched Earth Ships.  Pretty cool for self sustained living.  I can't say I worry about it too much though.  I have a stock-pile in the garage but that is only because I can't pass up a good bargain when I see one. 

 http://earthship.com/

I would hate to live in the USA as well.  Where did you move to?

Already exited the USSA.  Too much like Nazi Germany for me.  I reached my breaking point years ago.

Where would you move to?  And if its better run than the US, why are you waiting? 

So forget the idea of growing plants, and bask in the glory of gutting fish as you practice techniques for gutting zombie hordes of angry welfare rioters.

Must be some way of exchanging fish for fresh oranges......making it easier for everyone as the zombie hordes don't need to surge out into the ocean to try to eat you, and the surplus of fish that you easily catch could go to them, and you could get oranges and other goodies from the land.

Naw...that'd never work....

LOL....

i've asked some people this same question, and they look at me as a kook. they've lived their lives with a decent enough economy not to feel the impact that a depression would cause.. it's just what happens when you are generations removed from severe poverty and dystopia.

all it takes is someone who is cognizant of history's tendency to repeat itself.

Collapse or not there's some obvious trends not to ignore.

#1 - QE, and the devaluation of the dollar.  This only concentrates wealth further in the hands of the rich, eroding the middle class day by day.

#2 - Greater Government control of every aspect of life.  Every failing government ceases more and more control on their way down.

#3 - The centralization and degradation of the food supply.  Monsanto and factory farming have destroyed the food supply.  And we are seeing rampant chronic disease as a result.

These are trends that aren't going to turn anytime soon.

How to plan for these:)

- The obvious:  Move money into crypto's & precious metals.

- Start growing your own food & raising your own egg laying hens (this can be done in urban centers if you know what you're doing).  That's the only way you can ensure you're getting quality food now.  If you want your family to be disease-free we have reached that point.  You simply cannot get quality food from the grocery store any longer.  You have to grow/raise it yourself.

- Diversify outside the country.  If doable, buy property outside the USSA.  The writing is on the wall.  Government control is going to get a lot worse before it gets better.  Better to have an escape hatch if needed.

Get a second or third passport if possible.

All these are prudent moves regardless of what happens.  And you'll only be better off even if nothing happens.

The most likely enemy in the event of a collapse is the state. So, that might not be such a bad idea. But assuming the only problems are zombie hordes of angry welfare rioters, a boat is as safe a place as you can be.

Yeah, they begin at about $2k and up and use a surprisingly low amount of energy.

I can't imagine any event(s) that would force me to go to the ocean.  Unless it was to get to the other side.

do you have a desalination device? you'd just need a heat source and it'd be like unlimited water.. you'd just need food and boat maintenance gear.

Certainly, but I'm a lousy fisherman and I don't wanna have to gut fish every day.

I've heard that there are plenty of fish in the sea...

Good points.  An oil well has output which requires some processing while a gas well does not, it is fuel ready to go.

It'd be hard to beat a productive farm or ranch with some energy deposits of any sort...including coal, for that matter.  I like solar, I'm just being practical here.  Even if the demand for energy went down, we'd need to heat some homes in the winter.  Depending on the location, more or less.

i don't disagree with your point, but during an economic collapse not many people or companies are using energy. driving a car would probably be considered a luxury, so wouldn't that significantly decrease the demand for energy? then again, if the economy fixes itself, it will require a massive amount of energy..

i also think crime and theft would be higher, so if i owned the rights to a natural gas reserve.. i'd be afraid of someone jacking it from me.

For surviving an economic collapse, it'd just be hard to beat owning a Texas natural gas well.  I mean actually owning one, not a share in some Wall street company.

i have no idea, but with my limited knowledge i don't see why not? you barely need to water it and you probably only need some soil to grow it.

That moringa thing, could you realistically grow it on a 30 feet boat? Been wondering about self-sustainability out to sea, got everything except food (theoretically) covered.

i like renewable resources the most.. like solar, or a plant that you can grow. it's more sustainable than a perishable good.

I've bought tuna and ammo futures.  Preppers buying tinned tuna and ammo will be the last great boom before the Apocalypse. 

Shut up!  Tell them it tastes delicious!  They will not dare question you.

I don't think you guys would want us back.  Then again, we could come over and crowd out all your recent third world immigrants, or handle them in some other means.  But come think of it, we'd probably bring the Mexicans with us.  And the Puerto Ricans.  And a whole bunch of red neck, tobacco chewing guys wearing boots.

+1 for gremlins

 

Off line copies of wikipedia might be useful, it's surprising how little awareness there is that you can do this.  Quite easily.  I have the 18gb version on my android phone and it rocks.

Kiwi is the most generally useful way to do this, android/os x/win/linux.
http://www.kiwix.org/wiki/Main_Page

...and a couple of good but not used anymore gadgets left in a faraday cage style EMF protector box.

The that was titled about the great depression 2.0 aka 2014, but quickly became shtf based!
I am in silver and bitcoin, I do tell myeself that I need to get some supplies, even just for a month or so, but I haven't got to that point yet.

But note, also, that there are lots of ways that basic skills can be combined into a fun hobby.  And don't forget tomorrows basic skills.

Numchuck skills, computer hacking skills, 3d printing skills....

I agree with this, so if you really want to be prepared for anything you should start investing in your education and your skills.
Because everything else comes and goes, someone could steal your food, destroy your bunker but no one can take what you know
and what you can do. So the most important thing is what you are and not what you have.

yeah moringa is like a miracle plant.. it'll feed you and purify your water, and it doesn't take much maintenance or water. i should start eating some now, but.. it doesn't taste very good.

I like the ideas about the plants/gardening, learning various skills that would be usefull, and stockpilling what will be valuable, and necessary.

this, pretty much.

the forecast is major economic collapse. and history points to it as well. i bet he'll change his mind when he's starving with no food an electricity. preparing does not mean you become some crazy nut who lives in a bunker and wears camoflauge clothes everywhere he goes.


you can compare it when there are similarities, as in:

1) it is about predicting the future, based on past and current events.
2) there is a chance that not being prepared leads to an adverse event/suffering.

Gold/Silver/Bitcoins

I don't own any gold yet though

In the rest of the world we LEAVE. One advantage europeans have over americans is that we are not so... insular. We are more willing to quit our country and start over somewhere else. And we do, in increasing numbers.

bunker?

How about gaining some basic skills?  Machine shop, welding, carpendry, concrete and the segments of engineering behind them.  How engines and motors and such work.  And there's a lot more to gardening than one might think.

A lot of people today are terribly ignorant about the basics.  Like, a hobby of building race cars would generate some survivors...

You cant compare weather and this these are different things. All that sounds a little too much obsessive about material goods and personal comfort to me.And I don't see people preparing for things like this anywhere but in America. People survived far worse things.

   The forecast calls for high winds and unprecedented snowfall. It is relatively calm, with just a few flakes falling. Do you
a) ignore all warnings, and start a 5 day hike in shorts and a T shirt, carrying nothing because nothing bad could ever happen(or you are going to be hit           by a car anyway)

b) Dress warmly, and carry shelter & supplies
c) Stay home with a cozy fire and some supplies

a) seems singularly foolish to me. Why do anything for future comfort or gain if you expect to be hit by a car tomorrow. This doesn't mean go live in a bunker with your dog for the next 10 years, but some forethought and planning for possible scenarios is a sound practice. Being prepared doesn't mean living in fear. Most who prepare for setbacks do so for peace of mind because they DO NOT expect to be run over by a car tomorrow.  

No worries, bitcoin should raise a good 10,000% or so by then.

I wont prepare, I mean thinking like this doesn't make any sense.
Living in constant fear and preoccupations if  something bad is gonna happen doesn't make much of a life.
A car could run over you just tomorrow, so whats the point?

Mhh, doesn't sound bad, but the price will have to be pretty reasonable, or the bitcoins vaule would have to raise to way beyond what it is now. But sure sounds like a good idea. But atleast 5 years before i start earning some serious money. So would be around 7-8 years before you would see me as your neighbor.

I had my eyes on the Caribbeans if you want to be neighbor islands.

Keeping in mind that weather is getting increasingly unpredictable and volatile as solar activity wanes. Hope its a big boat. The other thing, having had some  interaction with marine industries - maintenance.  Ocean going boats require lots of it.

There is a difference between doomsday and a stock market crash, well, for most people anyway.

Beer? Just make it yourself. Nobody would hurt a guy, who know how to make beer. ^^

Don't know yet, but was thinking of getting something within the temperated climate zone. And where there aren't any earthquakes.

Beer.

In which region would your island reside?

Getting my education done so i have some knownlegde on electrical Circuits and electricity. Then safe up money and get myself a 20+ hectare Island a bit away from the society. Get some windmills, solar panels and other powerforms. Plant some pines, beech and fruit trees. Getting some farm animals like cows and chickins, maybe stockpile some cannfood and wheat for replant. Making a house from bricks because they need less renovation and are better to withstand temperature changes. Stockpile alot of chemicals, mostly for normalday uses, but some for development.

Costco dry food + a couple gallons of olive oil and coconut oil frozen
Water purifiers
Keeping family fit

I'm a small "prepper". 50 gal rain barrel, another 50 gallons of water, bug out bags, small solar panels, stockpiled foods, and lots of other things randomly stockpiled. Also have a ton of junk silver which I believe will be a new currency along with Bitcoin if the dollar collapses. Im not a crazy person fearing an alien invasion, but the world is getting more and more volatile and it's better to be safe than sorry.

I has a boat. Or, I will sometime between bitcoin becoming more valuable than it is and everything imploding.

The idea goes like this: Put up a windmill, maybe several, to power the fridge/water filters/nav/etc. With the ability to convert sea water to drinking water, and everything powered by the wind (either sails or electric engines, or both), all I'd need to do is fill up on food once a month or whatever and live out to sea during troubled times.

moringa oleifera is a low maintenance, high nutrition plant. you don't need to water it much, and it has protein/vitamins to feed you. i do have some, so i guess that's a start. though it does taste putrid, it'll keep me alive. hell, it even purifies water for you!

http://en.wikipedia.org/wiki/Moringa_oleifera

http://www.youtube.com/watch?v=FonhfBv64dE

i have done.. nothing, really. but maybe this thread can be of use to some people who are looking for ideas on what to do in the event of a great economic collapse, which most of us tend to believe is coming within our lifetime.. or even this decade. what are some suggestions? if i were a millionaire, i'd consider it a good investment.

- stockpile some chlorine. in the event of a great economic collapse, clean water will be scarce. you only need a small amount of chlorine to purify water.
- possibly invest in solar panels and renewable energy/resources?
- buy some guns/firearms to protect yourself?