The Times and Bank Checks
by: MargaretFinkle on Mon, 23 Mar 2009 at: 7:05 PM Go to: Previous Article Next Article
Keep an eye on your personal check book for higher amounts of money paid for purchases. The dollar's buying power will erode quickly in the near future. $250,000 today will only buy you 56% of what it did in 1988. When the dust settles, $250,000 might be the yearly wage of burger flippers.
Some individuals recommend buying rural retreat property that is "off grid" without utilities or nearby power poles. While that may seem harsh and requires one to isolate themselves from economic and social intercommunication, it certainly is an option. Then a photovoltaic power system may become a alternative if one is to do without general hydrocarbon fuel systems.
When one can reply in the affirmative that their personal check is accepted by those they do business with, basically they have little fundamental financial worry. Be that as it may, if financial institutions collapse and economic dealing becomes dependant on a barter economy, it may be time to get out of Dodge.
No matter if you are looking at survival in remote areas or in the inner city, certain needs must be met. Heat, shelter from the elements and food nourishment sources must be located. Safety and first aid sources located. Communication and safe community channels require to be developed.
Some think it's a good option to have a shotgun at the ready for home defense. The barrel of a shotgun somehow looks quite larger to the recipient at the end of the barrel than any rifle.
Education is not compulsory, but neither is survival. One should have a good exit plan for an impending catastrophe. A workable strategy may mean the difference between survival and becoming a victim.
Some say being aware of the economic implications is just an ornament in prosperity, nevertheless, in adversity it is a refuge of possibilities. Even though government borrows beyond its means, don't be complacent about the future. The opportunities in an evolving economic crisis can be abundant.
One simple money saver is healthy sprouts that can be grown easily in the kitchen. Popular are mung beans, lentils and various beans, alfalfa, clover, mesclun seeds, any variety of peas. You get a tasteful green in a few days from a sprout tray. Many find it fun and a good place to start becoming venturesome.
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