Saturday, July 10, 2010
Just in case...
What To Do
So what is the answer?
What should people do about this coming economic collapse?
Well, when I attended law school I was taught that there is a two word answer to almost any question that someone can ask about the law....
And while there are some fundamental principles which we should all follow in getting prepared for the coming economic crisis (which I will share below), the truth is that each and every person has very different circumstances that they are facing, so when someone asks what they should do I give them that same answer....
If you have a family you are going to prepare much differently than if you are single.
If you live along the coast you are going to prepare much differently than if you live in the mountains or in the city.
If you are wealthy you are going to prepare much differently from someone who only possesses limited resources.
If you are dependent on a job you are going to prepare much differently from someone who is self-employed.
If you live on a farm you are going to prepare much differently from someone who lives in an apartment building and has never even grown a garden.
The truth is that there are a ton of variables and there just is not a "one size fits all" answer.
However, there are some fundamental principles that we should all be following as we prepare for the coming economic collapse....