I recently was supposed to attend and talk at a Survival & Preparedness Seminar here in South Carolina organized by YouTube’s EastCoastPatriot. Unfortantly something came up last minute and I was not able to make it.
My plan was to talk about “Why people prepare” – along with my own spin on “Why people should prepare“. Well – since I was not able to attend – I figured I would go ahead and do it here.
If you are reading this I think I can assume that you are a prepper or at least have some concerns. The possibilities are endless regarding at what kind of event that may disrupt peoples lives.
Lets look at a few typical ones:
- Natural disasters – “Mother Nature” must be really upset as recently natural disasters have been plentiful and extremely destructive. In just the last year – heck, the last few months – there have been devastating floods, tornado’s, earthquakes, and tsunami’s. Recently here in the South massive storms have knocked out power and caused severe property damage to hundreds of thousands of people. Hurricane season is fast approaching and is predicted to be very active.
- Man-made disasters – Just look at the nuclear situation in Japan – although the root cause was from an earthquake and subsuquient tsunami – has been a terrible disaster. Not much is being mentioned in the main stream media anymore – but the situation in Japan continues to be very critical with at least 3 reactors severely damaged and leaking. A nuclear accident could always happen in the United States – possibly in your backyard.
- Disease/Pandemic Outbreak – With the ever increasing experimentation with generic engineering and the terrorist threat to use biological entities – a pandemic outbreak is something to consider. Add to this the fact that nature stirs the “chemical pot” every so often and a new bug is born that can threaten hundreds to millions of lives.
- Economic Collapse – This is the big one. I recently conducted a poll here at ModernSurvivalOnline and asked readers to select from a list of possible disasters what specifically they are preparing for. Although many people wanted to be able to select “All of the above” – only one choice could be selected. Economic collapse was the winner by a large margin taking in 72% of the vote.
Honestly – I agree that economic collapse should be major concern and many readers have a feeling that it is just a matter of time before an economic implosion. Of course natural disaster presents a more likely scenario. Many people focus on preparing for a worst-case scenario and by doing so – prepare for lesser situation in the process.
An “economic collapse” is not a cut and dry situation and not easily defined. I look at it this way – it would involve a significant and major change to everyone’s lifestyle. Due to this overwhelming concern about an economic collapse – I want to try to make the case here why the concern and praparation is not an unwise thing to do. Here are several points to consider – just a few pieces of the puzzle.
- Fuel Prices – Although there have dropped in the past few weeks – they still are historically very high. Paying “more” for fuel sucks the life out of an economy. If the average family with 2 vehicles pays on average $xx.xx per week – and then fuel prices surge 30% – this will mean that millions of American households will NOT have that 30% to buy food, clothes, school supplies……whatever. Add to this the fact that everything is transported using fuel – and those transportation costs will be passed onto the consumer with higher prices. Fuel prices have a long-lasting effect on the economy – more than many people think.
- Food Prices -Food prices have been on the rise for more than a year. Staples such as corn, sugar, rice, salt have gone up dramatically. Many of these foods are also ingredients in other foods – thus as costs go up other products can be effected. Global demand for food continues to increase while production is struggling to keep up. Massive floods in Australia as well as along the Mississippi have destroyed tens of thousands of acres of farmland. The bottom line is – food prices are the highest in history and the trend continues to be in a higher direction.
- Government Debt – The United States government has taken on an incredible amount of debt – with no stopping in site. The government continues to spend WAY more than it brings in – printing more and more money with nothing backing it to ensure its value. Due to the poor fiscal policy of the United States the S&P recently downgraded their outlook for the United States – and stated that unless the United States makes serious effort in eliminating deficits and debts –they will cut their credit rating for the United States. This would be a disaster as if this happens – other countries will not lend the United States money – or at least not lend at the current low interest rates. Higher interest rates will add to the problems – not help.
The US has overspent so bad that it now borrows from itself. Yes- that is correct. The Central Bank actually buys government debt from the government and then turns it into currency. The government calls this Quantitative Easing – it is really just “money printing”.
If you spend more money than you make – then you will have to borrow in order to apply all of your bills and expenses. Let’s take a look at it – lets say $2000 per month but your expenditures are $10,000 per month – that is a huge deficit each month which you would have to borrow on (and pay interest) if you wish to meet all of your obligations. Oh – by they way – I didn’t mention that your overall debt is close to $200,000 already and growing each month.
In order to fix this situation you would need to reduce spending and/or increase your income in order to get the amount of income and the amount of expenditures to be equal. No one citizen of this country can run their household like this – but this is how our government operates year in and year out.
The tipping point will arrive – it is just a matter of time.
- Devaluation of Currency – My son asked me something to the effect that “If there was too much debt – why can’t the US Government just print more money to pay the debt off?”. Well – I said that to a certain point that is what is happening already – the government has been over printing money for some time – which causes the US dollar to loose it’s value. It is really pretty simple – if there is more of something – generally the value of it will decrease (with consistent demand).
- Politicians – Politicians are not doing much to help this country out – this is demonstrated by the ridiculous arguing over governmental budgets. To put things in perspective – Congress was recently involved in a debate between the two parties that revolved around budget cuts that equated to ½ of 1% of the budget. This is virtually negligible – yet politics are put in the way of progress which could lead the United States and its citizens in the right direction.
So what does all of this mean? It means that you need to be aware of what is going on around you and prepare. Will we have an economic collapse? Who knows? Well – many of us do know.
So – a few suggestions for those that are thinking about getting started in preparedness –
- Start buying extra food – double or triple up what you normally buy with an emphasis on non-perishable
- Store away extra water and get a water filtration system – start off with several cases of bottled water and an inexpensive water filter to remove larger contaminants
- Get medical supplies – stock up your prescriptions and get a basic first aid kit at a minimum
- Protect yourself, your family, your supplies – buy a firearm of some kind to protect your stuff. A good starting point is a 12 gauge shotgun. Try to arm each member of your group.
- Light – Buy a couple boxes of Emergency Candles and some matches. Have at least a couple of flashlights and extra batteries.
- Other – store up some extra gasoline, toilet paper, antibacterial lotion, baby wipes – and more. Think about being without power for a couple weeks and what you may run out of.
So – why do people prepare? I’m not really sure if it is all that important as long as they do.
Take care all –