Quote:
Originally Posted by RandyWayne
I believe it will happen fast whether that means overnight or over the course of a week or two, but it will be very severe. Perhaps ultimately Mad Max severe.
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It might. If it happens fast, it will be severe, no doubt. A quick collapse would be very bad....and that is what preppers are mostly preparing for. This could happen if government officials lose control. Right now, I see the economy as on life support and the government officials are like doctors constantly monitoring the situation. As in the case with someone on life support, things could take a turn for the worse and the doctors could do their best and still lose the battle. On the other hand, they could win, but it would be miraculous, I think.
The other scenario is that it could happen slowly like frogs in a pot. That is what has already been happening so slowly that people's stress levels keep going up as they are asked to do more with less at work, have more taxes taken out, pay more for insurance, pay more for food and gasoline and heat and electricity etc. etc. But people are not realizing where that heightened stress is coming from, they just know it keeps going up and up.
I think it's crazy not to prepare on some level. People should at the very least try not to live completely paycheck to paycheck and keep racking up bad debt (debt that doesn't create any cash flow). That's good advice no matter what the economy is and even the government recommends you keep at least 3 days worth of food for emergency. Those things are bare minimum.
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