Economically, how can concerned Americans prepare for the worst?
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[email protected]replied to [email protected] last edited by
Friend, you need to be a pepper!! I feel so good having extra of everything I need!
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[email protected]replied to [email protected] last edited by
Nobody wants us any where mate.
It ain't as easy as people think it should be lol
Best chance is finding some nice foreign person who loves you enough to get married and import you into their socialist paradise.
This tactic works better for women generally lol
Nobody wants a broke middle aged cuck haha
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[email protected]replied to [email protected] last edited by
As a teen we went through the collapse in the 80s when (in Canada) mortgage rates hit 21%. So Get your mortgage rate locked in now and don't have a renewel pending in the next 2 years.
For my family in the 80s it meant most income was going to the mortgage and we had to be very frugal. We ate a lot of potatoes and beans, no restaurants ever, and no extras. My dad also hunted, left over meats went into soups.
We are currently living frugally for reasons. We buy bulk dried chick peas, kidney beans, lentils (various kinds), frozen peas, rice. We stock up on potatoes , carrots, onions and canned tomatoes. With a large selection of spices and occasionally other ingredient we can make a wide variety of dishes. Weekly grocery shop is around $35-50.
I expect for those in the USA the luxury of lavish meals will need to become more like my frugal diet.
Drop extra services...do you really need more than one streaming service, could you go without and scour the thrift store for BlueRay / DVDs , the libraries have free rentals of new releases.
Carpool. Barter between neighbours to exchange services.
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[email protected]replied to [email protected] last edited by
Barter between neighbours to exchange services.
Facebook groups and market place is great for this.
Always go there for first. And remember in order to make this work, got to buy AND sell.
Each second hand transaction denies the parasites profit!
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[email protected]replied to [email protected] last edited by
Build a garden if you can and join community efforts like mutual aid. We are strongest together
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[email protected]replied to [email protected] last edited by
Do any vehicle maintenance you can now. Look up common issues for your vehicle and maybe buy those parts as they might be extra expensive due to tarrifs. If you need to you can sell them later.
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[email protected]replied to [email protected] last edited by
Learn about gardening and join a shooting range I guess.
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[email protected]replied to [email protected] last edited by
Also check out https://buynothingproject.org
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[email protected]replied to [email protected] last edited by
or that mainstream (S&P, Nasdaq) financial investments were no longer sound, what can one do to prepare for “the worst”?
Investors that factor in world markets would probably do okay as long as you're talking just U.S. economic troubles. e.g. right now VT (total world stock ETF) is weighted 64.70% U.S. market due to market strength. So in theory if the U.S. tanked and other countries have better markets for investing then the weights would slip to the other side and maybe being closer to 30% U.S. vs rest of the world's markets weighted towards 70%.
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[email protected]replied to [email protected] last edited by
Save money and get to know your neighbors.
Trump probably won't cause total collapse, so a basement full of beans is unlikely to be useful, but anyone relying on welfare or part of a minority group will need support. Savings will help with that, and could come in handy if you yourself get fired, either because of discrimination or economic recession.
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[email protected]replied to [email protected] last edited by
The free options will still be there. Banning a few pirate sites will make it less convenient for streamers, but bittorrent isn't dependent on those sites and tools like Tribler can find them straight off the DHT.
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[email protected]replied to [email protected] last edited by
We'll see hopefully they have to play whackamole and keep having to go to court and waste their time.
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[email protected]replied to [email protected] last edited by
Too bad you didn't stockpile your r's
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[email protected]replied to [email protected] last edited by
You've been downvoted but this is pretty much what my elders told me.
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[email protected]replied to [email protected] last edited by
That might potentially work if you timed it exactly right but I'm skeptical of the idea of gold as a store of value, I think it will get hammered like every other asset class if we're talking about the end of the US as a liberal democracy governed by the rule of law. Especially if you have actual physical gold you need to keep secured, if things get bad enough that becomes a real liability. If its not physical gold will it still be there without the US legal system to enforce your rights? I would much rather have a pile of freeze dried food than a pile of gold or a pile of GLD ETF shares if it's actually a worse case scenario.
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[email protected]replied to [email protected] last edited by
Think of what a bar of gold is worth. 1,000,000. That's 25 pounds.
I don't have that much money so for me the weight would be significantly less. That would be super easy to conceal and head some where safe. If the US fell the gold can be converted to any currency. Even if it took a year or two for another country to pick up and be a stable place to go, the gold would still be good.
So that makes gold a solid place to store the value. Go back hundreds of years people still wanted gold. Hundreds of years from now people will probably still want gold.
If it's a serious crash but the US dollar comes back. Gold will still be a good solid place to store the value. If the US changes from dollar to something else, then gold still works.
The only question is timing the market, but to me still not a big deal since generally safe gold goes up in value.
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[email protected]replied to [email protected] last edited by
hahahahahaha. Fixed. But hey, nothing wrong with being a pepper too.
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[email protected]replied to [email protected] last edited by
Local libraries are a great way to substitute your entertainment budget for something more affordable. What's more, if you volunteer and help out you'll make a whole lot of connections who can help you back.
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[email protected]replied to [email protected] last edited by
Spend absolutely no money that you don't need to. This saves money for you and keeps it out of people's hands that don't need it. The faster the collapse, the more equal it will be.
I don't want to advise this, but I'm pulling all my money from the larger of my 401(k). (Keeping the smaller just in case it turns out I'm crazy, and if I am, I can always reinvest, with only some minor losses in time)
I bought a couple ATVs with trailers, with camo netting, working on filling those trailers with supplies and a lot of gas. I also bought an old jeep CJ7, with a trailer for the ATVs. Think lighters, camp stoves, portable solar panels, blankets, water filters, a good axe or hatchet, a couple knives, some emergency rations.
This is America. There's more guns than people. Make sure you have at least one.
The economic hardships, you won't be able to escape. When we lose hegemony/petrol dollar, it's likely to be the fastest collapse in history.
This is just a quick summary. Some of us have been planning for something like this for a decade or more. There's no way to be able to give you anything much more specific without knowing where you live or your current circumstances, experiences, or skills. But rely on any skills, training or knowledge you do have. Emphasize them and try to improve them. Make yourself a useful member of a rebuilt (small) society. I.e. growing, sewing, defense, engineering etc.
Whatever you do, do not give up. And be creative. Lighting a fire, and putting some seriously hot peppers in the fire can be a good area denial defense, light the fire and travel in the direction the wind is coming from.
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[email protected]replied to [email protected] last edited by
Get to know your neighbors.
The network is one of the most important parts of a survival scenario.
Personally, I have met people through food not bombs that I found interesting and dedicated to a better future.
Dried beans and rice go a long way towards feeding yourself and family if food becomes a scarcity. Store in airtight containers, with an inert gas, so that what you do have does not become rancid.
A human can survive for weeks without food but only days without water. If you're stockpiling.
Become proficient with firearms. This involves practice, and ownership.
It is almost always better to hunker down than to bug out.