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BigRed

These 7 Things Are Better Than Paper Money In The Bank When The Economy Collapses

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 BigRed    150

Unless you have been living under a rock, or subscribe to the theory, “ignorance is bliss,” then you most likely already know that a global economic reset is coming, and it’s going to be of such a magnitude that it is likely to make The Great Depression look like “good times.” At the end of this article is a video presented by Derrick Broze of Activist Post, who puts forward several ideas for ways you can protect yourself when the inevitable financial implosion finally does hit the global economy. Right now, contrary to what many of the talking heads on television are saying, the US economy is like a house made of toothpicks in a category 5 hurricane. 

Before getting to the basic suggestions presented by Derrick Broze and his report titled, How To Survive & Thrive During Economic Collapse, it would be wise for people to understand that Derrick Broze’s suggestions are the bare bones minimum anyone should be doing. To help people better understand what to expect, and just how bad this crisis is going to be, I have included a fantastic video that features two of today’s best economic minds in one interview: Peter Schiff and Dr. Jim Willie were on Caravan to Midnight about a week ago, and hopefully you’ll take the time to hear what they have to say before thinking that the seven tips below will ensure your safety. 

http://right.is/politics/2016/03/these-7-things-are-better-than-paper-money-in-the-bank-when-the-economy-collapses-54291.html

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 YourMom2    1,274

Done and done! Once you realize just how fragile the currency is then you start looking around for ways and means to hedge your bets.

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 Brio    1,035

I read at ZH today EU banks have been ordered to stockpile cash which suggests bank runs are coming. NIRP and bail-ins. Cash is king in a banking collapse but after that PMs are mandatory to retain your wealth. Anything digital will be gone.

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 CGK    2,171

That article did not mention the most valuable barter items in a collapse.

Booze, tobacco, ammo and medications. If you have a stockpile of those items you can most likely trade for just about anything you want. 

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 Brio    1,035
51 minutes ago, CGK said:

That article did not mention the most valuable barter items in a collapse.

Booze, tobacco, ammo and medications. If you have a stockpile of those items you can most likely trade for just about anything you want. 

Yup, The calorie is the lowest common denominator of any currency.

Edited by Brio

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