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The world has become a global village and economic events anywhere on the planet can impact the world economy. In the recent past, we’ve witnessed a series of events leading to economic recession in the US and its impact was felt across the world, bringing down other nations like the UK, Japan, France, and Greece to their knees. Major economies of the world are facing increasing fiscal deficits, high rates of unemployment, rising inflation, the collapse of banking systems, demand and supply anomalies, political uncertainty and more. Are we heading for an economic meltdown?
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Signs of an Impending Financial Apocalypse “The whole system is going down. Pull your money out your Fidelity account, your Scwhab account, and your ETFs.” -Gerald Celente, founder of The Trends Research Institute
When Will This Economic Collapse Occur? “There is definitely going to be another financial crisis around the corner.” -Mark Mobius, head of the emerging markets desk at Templeton Asset Management
Sooner Than YouMay Imagine • Many economists and financial experts believe that signs of the collapse are quite visible right now, both in our economy, as well as the changing face of the world economy. • It may just take another natural disaster like Katrina or Sandy or a man-made one like the horrors of 9/11 to push us off the brink. • A major Middle East war could triple gas prices, triggering economic catastrophe.
Start Getting Ready Now “It’s better to look ahead and prepare than to look back and regret.” - Jackie Joyner Kersee
Invest in Necessities “Forewarned, forearmed; to be prepared is half the victory.” - Miguel de Cervantes
Ways to Make Money During an Apocalypse “It is not the strongest or the most intelligent who will survive but those who can best manage change.” -Charles Darwin
Acquire ExtraSupplies to Sell • Stock up on extra non-perishable foods. • Buy farmland to grow fruits, vegetables, have a place to hunt, and a fresh water supply. • Get livestock now for a fabulous return on investment. • Collect extra tools and equipment. Demand will be high and so will the price.
Develop ValuableSkills & Knowledge • Marketable skills: cooking, sewing clothes, building, gardening, self defense, and more • Make friends & share complementary supplies. You both will prosper. • Explore alternate sources of energy. This can become a great marketable knowledge. • Learn natural remedies and keep a well-stocked first aid kit. Others will gladly pay you to use your skills to help them if they're sick or injured.
Mistakes to Avoid “You just come out the other side. Or you don't.” - Stephen King, The Stand
What Will HappenAfter the Apocalypse? “Man's mind is his basic tool of survival.” - Ayn Rand
A New Reality:The World as We Know ItWill Change After the collapse, we can expect changes like these: • More stringent laws and regulation of banks and creditors. • No easy money in the market. Lending norms will be tightened. • We’ll learn to live within our means. • We’ll become more self-sufficient.
Looking Forward “Be prepared.” -Boy Scout Motto
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