5 Threats You’ll Face When the Economy and Economic Indicators Collapse

Facing an Economy and Economic Indicators collapse is scary, however, there are things you can do. Here are five threats you’ll face in an economic collapse to be aware of. 

Do you know what could happen if an economic collapse occurs? Not everyone is fully aware of the bad things that can develop over time when an economy takes a downturn and is no longer booming and boosting like it was before.

5 Threats You’ll Face When the Economy and Economic Indicators Collapse

If you’re not sure what types of threats you’ll potentially face during an economic collapse, check out this list of the standard five threats that can happen during these difficult times. When you know what can happen, it’s easier to prepare for the worst possible scenario while hoping for the best.

economy and economic indicators

1. Looters

During the first note of an economic collapse, people tend to panic. When they’re worried about the possibility of running out of essentials, such as food and water, it’s common for people to start looting. In the beginning, they’ll loot businesses to grab items that they think they’ll need to have during the economic collapse.

However, looting can take a greater turn for the worse. Unfortunately, in some situations, people start looting the homes of others, creating a dangerous situation for everyone.

Prepare for the Worst 

It’s essential to have a stockpile of items for emergencies. You won’t have to worry about rushing out to the store and dealing with the looters to grab essentials for your family because you’ll already have those items at home. The only worry you’ll need to deal with is the possibility of someone attempting to break into your property to loot it. 

Security Measures 

Take drastic security measures to stop people from accessing your property. It’s beneficial to have strong security locks, surveillance cameras, and multiple means of protection, including firearms with plenty of ammunition. While you may have no intentions of harming anyone, you need to have a way to protect your loved ones when dealing with serious threats from potential intruders and attackers.

2. Inflation

During an economic collapse, it’s not uncommon for inflation to occur. As a result, the currency becomes useless. Even if you have plenty of paper money, it may hold absolutely no value, making it impossible for you to buy things that you truly need during a crisis. Because inflation can occur, causing the currency to become invaluable, collecting other cash alternatives is an excellent idea.

Not everyone understands how Inflation actually works – this is a great video to explain it!

Currency Will Become Worthless 

This is pretty obvious when looking at and Economy and Economic Indicators failure. Investing in gold isn’t a bad idea. If you have the extra money to do so, you can begin collecting gold coins and bullion, both of which hold value in places all around the world. You may also want to think about what you can offer to others in exchange for their services. 

Provide a Service Instead 

If you need something from someone else, you might be able to provide a service that you’re good at doing. It’s a great way to get what you need without necessarily paying cash for those essentials. It’s a traditional form of bartering that existed long before currency ever did.

economy and economic indicators

3. Food Shortage

A food shortage may occur as people begin looting and stores can no longer keep up with the demands of their customers. It’ll become increasingly challenging for stores to keep the shelves stocked as people continue to come to the stores and buy items on impulse because they’re in a panic over the situation.

When people feel that they won’t have access to food or beverages, they often rush out to buy non-perishable items and anything else they can get their hands on. Unfortunately, this leaves the shelves bare more often than not.

Know How to Prepare 

Ways to protect yourself from a food shortage include growing fruits, vegetables, and herbs in a garden on your property and building a stockpile of non-perishable foods over time. You don’t need to rush out each day to buy more items for your family. Grab the items while they’re on sale and save them. 

Store the Items Correctly 

You can store rice, pasta, canned meats, and other items for extended periods without the food going bad. You might even want to think about canning to preserve fruits, vegetables, spreads, and meats for months or years at a time.

4. Government Shutting Down

Although it’s not as common in first-world countries, it’s a real threat for those living in third-world countries. The government shutting down is a big deal. If there isn’t enough money to go around, services that people are used to having access to all the time, such as medical care and policing, may no longer exist.

If there isn’t money to pay these people for their services, those working in different fields may no longer do their jobs, putting many lives at risk.

Prepare Where You Can 

Not having police or emergency responders around is a significant problem. Without the possibility of getting caught for wrongdoing, it could lead to a major increase in crime, ultimately resulting in more lives lost. A lack of medical care could lead to widespread infections causing major health issues and possibly even death. While it’s not the kind of thing anyone wants to think about, a government shutdown could cause massive problems.

economy and economic indicators

5. Service Shortages

A major economic collapse could lead to severe service shortages. It doesn’t just mean not being able to go to the store, but also many other things. You may no longer have gas to keep your home warm, electricity to keep the lights on, or running water to flush the toilet and take a bath. 

A Turn for the Worst 

When you don’t have water or power, things can take a drastic turn for the worse. So, what can you do to help yourself if service shortages happen? The best thing to do is to buy products that you can use during these emergencies.

For example, you may want to get a portable toilet that you can use in case of an emergency. Along with a portable toilet, you can buy a portable non-electric stovetop and dozens of candles to use if you don’t have electricity to turn on the lights.

Understanding the threats that you’ll face in an economic collapse is important. It’s not about trying to scare you but preparing you for what could potentially happen. If you know of the possible threats, you can take specific steps to protect yourself and your loved ones from experiencing turmoil amid an economic downfall.

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The Top Five Potential Alternatives to Money

Potential Alternatives to Money? While most people think money rules the world, the truth is that there are several alternatives to money that are just as useful.

Five Potential Alternatives to Money

If you’re ever in a situation where you’re unable to use cash, having some of these alternatives to offer others could potentially save your life and help you keep your family safe, well-fed, and protected.

Top Five Potential Alternatives to Money

If you know what to offer, it can make a huge difference. After all, not everything revolves around the dollar bill.

1. Gold

This is probably the most obvious of all the Potential Alternatives to MoneyGold is one of the most valuable precious metals to exist on Earth. While the currency is different across the globe, gold is a form of payment understood worldwide.

It typically has substantial value. While the price of gold fluctuates from time to time, it never significantly loses its value. It’s a form of wealth and has been for many, many years. 

Because it’s widely accepted throughout the world, it makes sense to have a collection of gold. You can work on collecting gold over time, especially if you don’t have a lot of money to invest in gold right now.

You may want to slowly but surely start to invest in gold coins and bullion, both of which will hold value. You can add these items to a portfolio and hold onto them because you don’t know when they might come in handy for you.

Silver is a great back up option if gold it too mush of a challenge for you.

Potential Alternatives to Money

2. Ammunition

If it becomes hard to come across in the future, you can expect ammunition to hold value. People want to have ammunition for different reasons. Some people want to have it to feel safe. They may want to feel like they’re capable of protecting their loved ones with their ammunition if it comes down to that. 

On the other hand, some people like to use ammunition while hunting for food to bring back to their families. If you buy it now, you’ll have plenty of ammunition to safely store in a secure spot.

Besides using it for hunting for food or defending yourself and your loved ones, you may be able to use ammunition as currency to barter for different items that you need at some point.

If you are seriously looking at this as Potential Alternatives to Money for your SHTF situation, keep an eye on who you trade this with and do it subtly. No one wants the word getting out there that they have plenty of ammo – it can be a great way to invite trouble.

3. Services

This is an often-overlooked item with the Potential Alternatives to Money planning comes about. If you can offer something to someone else in exchange for what they can do for you, it’s possible to use services as an alternative to money. For example, if you’re skilled at sewing, you can offer to sew clothes for someone in exchange for fruit and vegetables from their garden. Use your skills to your advantage. 

If you’re not sure which services you could provide as an alternative to money, think about what you’re good at and what you can offer. You may have a garden full of crops that others can eat. 

You can offer to do yardwork for someone else or even provide other valuable services to different people who can’t do what you can do. Create a list of the services you know you can offer in times of need if it ever comes down to it.

4. Energy Sources

Can you imagine what life would be like without electricity? Most people stress over the thought of not having access to modern technology, but there’s so much more to it than that. If you’re without a power source, you can’t do most of the things you’ve gotten used to doing because of technological advances and access to power sources. 

Potential Alternatives to Money

If you have coal or gasoline, you can always use it as a form of payment for services to those who could use these energy sources. You’ll find people who need coal or gasoline to heat their homes, get their vehicles running, or even allow them to cook a meal for their loved ones.

Because these energy sources come in handy during emergencies, it’s wise to start collecting them. You can buy coal and gasoline, but you’ll need to know how to safely store these products.

The worst thing to do is to improperly keep coal and gasoline because then it could go to waste, causing you to lose out on money and the chance to use these sources as an alternative to money when bartering with different people.

5. Food and Water

You can survive without gold, coal, gasoline, and many other things, but one thing humans can’t survive without for too long is food and water. So, if you have it, you know it’ll be valuable during dire situations where access to food and water is limited. 

While most people don’t want to think of the worst possible outcome, having extra food and water could be a lifesaver in the event of an economic collapse that leads to a survival situation. It doesn’t mean you need to go out and buy a bunch of water and food to build your stockpile, but you can start storing these items little by little to get prepared for any potential emergency that occurs.

One way to make sure you always have food available is to grow a garden in the backyard. Start with simple crops that are easy to grow, such as green onions, potatoes, and carrots. Work your way up to planting more complex crops that will provide you with a decent variety.

Even after you’ve harvested your crops, you can preserve them through canning or freezing methods to ensure you have access to food in an emergency. You can also begin storing fresh filtered water in large, sturdy containers that won’t cause any leaks.

Potential Alternatives to Money

Use the Right Alternatives to Money in Emergencies

Did you know that there were a few good alternatives to using money? While the currency is different in countries all across the globe, these alternatives are widely accepted worldwide.

If you’re looking for a way to pay for services you’ll receive without spending money, especially during an emergency, you can use one or more of these alternatives as a form of payment. Use your skills and the things you’ve collected overtime to pay for the goods and services you need during tough times. You’ll notice that during emergencies, many other people will do the same.

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