Timd354 quote-"One thing is for sure, the next few decades should be interesting. 5 or 10 years ago, I never would have seriously started making plans to deal with the very real possibility of the collapse of our society. We may yet avoid this outcome, but it is a very real possibility. It is prudent to make plans now for dealing with the societal chaos that may well occur. I do not worry about myself too much, but I am very fearful as to what the future holds for my young son"
Interesting comments---How are you preparing? I also think that it is worth to think about how to prepare.
Sandy, I have just started to prepare and here are the things that need to be considered in making preparations:
1.
Security. If there is a complete economic collapse, people are not going to remain peaceful likely they largely did in the 1930's. Society could well become lawless. Thus, you need to be well armed and you need to do everything you can to make your property defensible from possible gangs of roving criminals and looters. You should make plans with your extended family to have multiple places to hole up in an emergency situation. Having a bunker on your property stocked with a couple months of supplies and a source of water is not a bad idea. Forming a neighborhood militia of like minded people also may be a good idea.
2.
Finances. If the economy disintegrates and the dollar becomes essentially worthless, you need to have some resources to use to make required purchases. I would suggest buying precious metals including gold, silver, and/or platinum.
3.
Food & Water. If the economy breaks down, food production and distribution may be seriously affected leading to food shortages. You should consider stocking a 6 month to 1 year supply of non perishable food for your family. Don't forget stocking lots of bottled water in case the water system in your area stops functioning. Additionally, you may want to invest in a water filter....here is an outstanding one:
http://www.campingsurvival.com/kattrkdripfi.html
If you live in an area where the only dependable natural source of water is salt water, invest in a hand pumped, reverse osmosis water desalinator.
4.
Fuel, Electricty and Heat. The collapse of the economy could lead to severe shortages or gasoline and other fuels and, in extreme cases, the collapse or disruption of the electical grid in a particular area. Thus, it would be wise to have the ability to generate your own electricity and have the ability to store a large amount of fuel (an underground gasoline storage tank which can be accessed with a hand pump in addtion to an electrical pump is not a bad idea). Additionally, having an alternative heat source, such a wood or coal stove along with a stockpile of wood and/or coal is a good idea.
I am not sure that I can afford to implement my complete plan, but these are the main things that I am thinking of.
5.
Escape Plan. In case your location becomes untenable, you need to have an escape plan to relocate to another area. Also, you should have a pre-planned location that all family members are to make their way to in the case of certain events.
6.
Communications. You need a plan on how you will communicate with other family members, etc. in case modern communications systems (telephone, cell phones, etc.) stop functioning. Powerful two way, battery operated radios may be a good investment.
Last, but not least, you need to make mental preparations to prepare yourself to survive in case the worst case occurs....there will be many very tough decisions and actions that will need to be taken. You will need to mentally prepare yourself ahead of time to make sure that you are emotionally capable of doing what needs to be done in order to protect yourself, your family, and your community.