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Originally posted by Sidartha1
The best way to prepare for the fall of the dollar is not to rely on it. Have a generator, a cheap house paid off, or land in the middle of nowhere. Some seeds (unexpired) for food backup. To be ready for the fall, is a survival technique. Those invested in the "system" or country are taking a risk. A risk that may or may not pay off. Either way it's your risk and your decision to take it. If it all falls apart, i suggest laughter for both those who are or are not taking the risk.
Originally posted by king9072
My big concern is how do I transfer that wealth through to the emergent dollar which is no doubt on the way?
What I think its going to happen is they will crash the economy, lets say Joe has 100,000 in the bank. Well just to begin with the economic collapse and inflation running rampant that 100,000 will be worth alot less than today. So the moneys in the bank, now when they push the new currency he will be given the choice to convert but he will only be given pennies on the dollar.
What I have been thinking about is perhaps switching from CAD to perhaps yuan or some other currency that will hold its value through the collapse. Once the dust settles, buy into the new currency with the foreign currency.
My big concern is why would you want to transfer that money to the new emerging dollar be it the Amero or some other one world currency? No matter what it is it will be cashless and an extension of the slavery that the current monetary system perpetuates only worse because at least now you can protest or speak up with out having to worry about being locked out of the system.
Originally posted by ProfEmeritus
No one mentioned water. That is the most essential thing to stockpile. If there were a biological attack, the water system would be compromised. Sealed bottles of water will stay almost indefinitely, but once opened, water is subject to bacterial growth and other unpleasant things. Check any survivalist website for things you can do to extend and ensure the safety of your water.
Originally posted by tmbandt
I've been stockpiling food for quite some time. Honestly, I've never prepared a dried bag of beans but I now have the knowledge thanks to the internet to do so. I have yet to withdraw my money from the banks because quite frankly, If we really do enter that kind of a meltdown, paper money will probably become useless. I see no need to compound this problem by making a run on the bank myself. ( I do however have a few hundred stashed away just in case it works for a while.)
IMO, surviving the initial shock will be the biggest task. Having a plan and a way to protect one's self and their family is of strategic importance during the first month or so of a true meltdown. After that, I think things will gradually improve. Just be prepared to hunker down for a bit if necessary.
[edit on 11-10-2008 by tmbandt]