Friday 10 February 2012

The Complete Idiot's Guide To The Financial Crisis, Part Two



Do You Really Need an Economic Collapse Survival Guide?


These are very uncertain times and so an economic collapse survival guide is very necessary. The unemployment rate in the US is increasing rapidly and the US Dollar value has gone down. The National Debt has sky rocketed and so eventually the US Government will be unable to pay the National Debt interest. This will lead to the collapse of everything. In fact it has already begun by the financial crisis which is being experienced by the banks.
However, if you wish to be better prepared then you can do some things now. This economic collapse survival guide will depict the US economic history and also layout a financial personal crisis survival plan. This will include debt payment, safer investment options like in silver or gold bullion coins, personal security, personal survival techniques, and possible relocation to smaller cities as well as being prepared for the worse.
There is a high increase in the prices of goods and also demand is increasing but the production is the same. You can hear everyone speaking constantly about economic crisis. Hence, below mentioned are some points of the economic collapse survival guide which will help you stay prepared for the approaching economic depression.
1) You need to maintain your income. If you have a constant job which pays enough to sustain your family then never leave it. This will be a continuous source of income.
2) Always save earnings or profits. If your earnings are preserved then you can use them during tough times. That is, when there is an increase in prices you will still be able to afford.
3) Cut down on all kinds of expenses. Spend wisely on things which are necessary and not on things you want. Purchase of appliances and furniture which are not really necessary should be avoided.
4) Always be informed and observant about the economy status. If you are aware then you can be ready for the depression. This will protect your family and you from any coming crisis.
5) You should be ready but be very calm. Never get panicked when you hear supply is less than the demand and go for a shopping spree. This will add more stress as you will not be prepared for the worst scenarios.
During this economic crisis, you will require more survival plans than storage of your food.
This economic disaster survival can be said as the scariest events ever as you can see the world collapse. However, if you have prepared well for this crisis then you can survive the storm. The most important point of the economic collapse survival guide is to acquire real money. In this case, the real money is in precious metals.
Survival equipment is the key to economic crisis and it depends on having practical components in position prior to the global collapse. From ages, Economic history and Economics have always helped in leading down this road. Therefore, it is your duty to make preparations for the worst times. This is where economic collapse survival guide comes into play.
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