Economics

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Friday 27 January 2012

Only Two Types of People Will Survive Economic Collapse

Living in a world engulfed by economic crisis teetering on collapse requires preparation for worst-case scenarios. Whether it is losing a job to downsizing, a currency crisis, or full-blown economic system failure, being prepared is just plain smart.

Already, nearly 30% of Americans are either unemployed or under-employed, and desperation is surely setting in for the millions whose unemployment benefits have expired with little hope on the job front.

Many have been able to weather short-term storms by prepping for a rainy day with extra food storage and other supplies, and by having some savings. Indeed, everyone should be preparing in this manner, and then some, given the bleak economic climate. However, if an economic meltdown becomes prolonged, there will only be two types of people that will survive: Takers and Producers....more

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