posted on Oct, 29 2006 @ 10:38 PM
First off, the government does not need to increase the speed of the printing presses, if anything they need to slow it. Germany tried the
same trick to pay off their debts and that sent inflation so high that the paper became worth more than the supposed value of that dollar. Next thing
is that although war tends to be good for an economy it also costs lives. Human life is just something that we shouldn't be putting a price tag
Next thing on how to survive economic collapse. Although I'm no economist, I think the best thing to do is to keep yourself in a financially stable
position. Here's a few ideas I've compiled;
1. Avoid debts at all costs.
2. No credit cards.
3. Work out and eat a healthy diet so as to prevent medical problems as best you can later down the road.
4. Don't bother trying to stockpile gasoline, that stuff doesn't last more than a year at the most before it's no good.
5. It's probably best you don't invest in the stock market. But if you're going to, invest in the defense contractors since they'll never go
6. Walk instead of drive when possible.
7. If you own a car be sure to buy a slightly older car. Newer cars are way too hard to fix on your own. Some new cars you can't even do an oil
change without technical expertise.
8. As implied by #7, do as much of your auto's routine maintenence work yourself.
9. Stockpile duct tape while you can. That stuff can fix anything and it's sure to be in high demand when the depression starts.
10. Get to know your neighbors really well. You might just need their help some day.