From The Economic Collapse:
How should people prepare for the difficult years that are coming? I get asked about that a lot.
Once people really examine the facts, it is not too hard to convince them that an economic collapse is coming. But once they accept that reality, most of them want to know what they can do to prepare themselves and their families for the hard times that are ahead.
Well, the truth is that it does not have to be complicated. Many of the things discussed throughout this article are things that most of us should be doing anyway. Now is not the time to be splurging on luxuries or expensive vacations. Now is not the time to be going into large amounts of debt. Instead, we all need to get back to the basics and we all need to do what we can to become more independent of the system.
Just remember what happened back in 2008. Millions of Americans lost their jobs and millions of Americans lost their homes. Now, experts all over the globe are warning that another great financial crisis that could be just as bad as 2008 (or even worse) is coming. Those who don't take the time to prepare this time are not going to have any excuse.
But there is also a lot of sensationalism out there. There are some people out there who claim that the economy is going to collapse all at once and that we are going to go from where we are now to some type of a post-apocalyptic "Mad Max" society almost overnight.
Well, that is just not going to happen. We are not going to wake up next week in a world where we are all fighting each other with sharp-pointed sticks.
Just like anything else, an economic collapse takes time. I like to describe what is happening using an analogy from...
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More on the "End of America":
What freedom-minded readers should expect from 2012
This powerful op-ed details the "End of America" in California
Doug Casey: How to know when it's time to "get out of Dodge"