Preparing for a Recession?
Survival
Tips and List
There's word going around that the United States is looming toward a recession. Even though we won't feel the effects of it for about 6 months, it is coming. How can it not with the way the dollar is dropping, the sky high price of oil, the banks are getting nervous, the stock market is dropping, people are losing their homes, and the United States so far in debt that it is impossible to get out?
The
United States Is In Deep Doodoo!
Talk
of Worst Recession Since the 1930s
Forecast:
U.S. dollar could plunge 90 percent
Memories
of a 77 yr old Grandma of the Great Depression
New
Year 2008 may destroy USAs struggling economy
I'm starting a list here of some things we are going to do to try to prepare for this... somehow. What did they do during the Great Depression? How did people survive? This is going to take some research. But this is what I have so far. This is my "starter" list. Numero uno is "Get out of debt ASAP."
100 Items to Disappear First - Here is a list of the first things that will disappear off the grocery shelves.
Supplies for a Recession
1. Get out of debt ASAP. Right now the best thing to do is diversify. Have one bank for personal checking account and a different bank for savings, yet another for each business account you run. That way a crash doesn't wipe you out.
Obviously, this is a great time to only keep in the bank what you need to pay such as the current bills, and keep the rest either at home, or converted to gold, silver, or euros. With the dollar plunging as fast as it is, the "straddle" will be gone in just a few days. WhatReallyHappened.info
2.
Buy seeds. How will you feed yourself without having to trade for food?
3.
Keep your job as long as possible.
4. Buy gold coins and silver coins.
If you are going to buy gold or silver coins, avoid "collectible coins" and just
go with straight metal. It is easier to get your money back out of investment
coins than numismatic ones. Collector's value will decline with the economy, so
avoid the fancy ones. Stick with maple leaves, half eagles, krugerands,
etc.
5. Think about how you are going to cook.
6. Invest
in solar power, or build a windmill We are going to try to build
a Vertical Wind Turbine
7. Stock up on nonperishable foods, canned
foods, dry milk, sugar, flour, rice and beans.
8. A supply
of bottled water.
9. Stock up on personal items. Soap, shampoo,
toothpaste, insect repellent, candles.
10. A good axe, a few flints,
large amount of matches (dip them in melted candle wax to waterproof) store in
a few separate containers, and a few lighters. spade, water purification tablets,
duct tape.
11. A pair of strong knives for hunting, cutting, etc. Bow
and arrows. A fishing pole.
12. Comfortable warm clothing, including
hats, gloves, boots, and blankets.
13. A sturdy tent or two, a few big
tarpaulins,
14. Basic medical supplies like aspirin, alcohol, first
aid kit.
15. A couple of guns and a good supply of ammo.
16. Two-way
radios, short wave radios, watches that don't run on batteries, and an LED
flashlight. A map and compass. A bicycle.
Basicly, think about this. If the electricity gets shuff off, what will you do? How will you cook and how will you keep warm? Think about no gas at the gas station, which will reduce truck delivery of goods and supplies. The price of food is going to go up bigtime.
Our dollar bills will be worthless. Hopefully the collapse of the banking system will cause the government to be forced to print special money for the duration of the recession. We may wind up unemployed and on food stamps.
I hope they are not going to have to undig all the bomb shelters that they filled in and buried back in the 1960's! Remember those days? I do. I can remember them passing out Government Surplus too after the Cold War ended. It consisted of powdered milk, a block of American Cheese and butter.
So the first thing I'm doing is cleaning out the pantry and taking inventory. Then I bought some storage containers at a Dollar Store. The large container only held about 8 lbs of flour though.
I think the main food that they did not have during the Great Depression was sugar and coffee. So even if you don't use either, you could get them to trade with.
Foods that I've started to stock up on, buying when on sale, and storing in the top shelf of the pantry.
salt, pepper, oil,
vinegar
flour, sugar, oatmeal
beans, rice
tea, coffee
dried potatoes,
ie hamburger helper mixes
mayonaise, catsup
canned soups
canned meats
canned
fruit
canned tuna
dried milk, water
wine,
brandy
toothpaste, soap, shampoo
toliet paper, wet wipes
alcohol,
peroxide, first aid kit
laundry detergent, bleach
Be encouraged. My grandmother raised 8 children during the depression.
72-Hour
Family Emergency Kit from the University of Colorado
Survival
Guide from Homeland Security News
Be
Ready List on the Homeland Security website - The Ready Campaign has outlined
the top 10 items for a basic emergency supply kit: water, food, radio, flashlight,
first-aid kit, whistle, moist towelettes, garbage bags and plastic ties, wrench
or pliers, local maps, and personal items.
Informing the Relatives
Here's what my mom said when I asked her if she thought we were heading into a recession, she said, "Oh, they're always saying that." And here's what my daughter said when I told her to get out of debt, she said, "Well, I asked my boss if he thought we were heading toward a recession, and he said, "A recession won't affect the company, people will always need electricity."
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Hi Jen, it was good talking to you last night. When I talked to Vlad about the Amero, he said that when Russia fell into a recession that their money was switched too. He said that their government announced that people would have 3 days to go to the bank and switch their money to the new currency, and they were only allowed to switch so much.
He also said that he can remember riding on a bus during the winter, and people had stuck the old money on the frosted windows of the bus. He said it sure was strange. The old currency was worth nothing.
So maybe they will do a switch in the states too. He said all we can do is "stay informed"
I grab all my news from one spot. They seem to post the information I'm looking for. So it's not like you have to scour the internet trying to find out what's going on.
http://www.whatreallyhappened.info/
Here's what the media is not covering on television. That Israel is invading Palestine, Ron Paul, and the North American Union.
mom
17
reasons America needs a recession - Think positive, this 'slow motion train
wreck' is good for the U.S.
So it's pretty much up to you whether or not you prepare for a recession, but even as a Girl Scout, when I was younger, the Girl Scout motto was, "Be Prepared."
New Pages
Prepare for a Recession?
- I'm starting a list here of some things we are going to do to try to prepare
for this... somehow.
We Put Solar Lights in our
House - We've had a set of outdoor solar lights outside our house for 3 years,
and thought, "Why not put outdoor solar lights "inside" the house?
Wind
Turbine Test - We started thinking about how we could build a wind turbine
to generate our own electricity.
Magazines
for Toddlers - I wanted to send some magazines to the grandbaby for something
to do during winter.
