Are we headed for an economic and dollar collapse? If so, how do I prepare?

Christian Post ^ | 01/15/2021 | Chuck Bentley

[alexander_busek]

Gold will be worthless in a true economic collapse. Only barterable goods will have any value. ammo, food, medical supplies, gas, kerosine and diesel fuel.

True, that!

Remember how it was during the deepest, darkest days of Corona? How much toilet paper could you get for an eighth of an ounce of gold?

Regards,

[lurk]

If your trust is not first and above all in the God of Israel, you’re leaning on rubber crutches.

[Wissa]

Yes I have stocked up on food in POP-TOP cans in case my electric can opener is in-operative.

Why don't you just buy a manual can opener? I haven't owned an electric can opener in decades.

[duckman]

How do you prepare? How big is your mattress?

[alexander_busek]

If you believe systemic collapse is coming, the most logical thing might be - Get in to debt now! Especially if it is for productive assets.

Perfect response, PGR88!

I simply can't understand people advising others to "prepare for the coming collapse of the $" by shedding debt today.

I, too, advise people to acquire MORE debt - and then pay it back with (in the future) worthless dollars.

Regards,

[alexander_busek]

If you believe systemic collapse is coming, the most logical thing might be - Get in to debt now! Especially if it is for productive assets.

Perfect response, PGR88!

I simply can't understand people advising others to "prepare for the coming collapse of the $" by shedding debt today.

I, too, advise people to acquire MORE debt - and then pay it back with (in the future) worthless dollars.

Regards,

[newfreep]

Life imitates art...

[BipolarBob]

Most of my money is in Hopium and Unobtanium and I had my commodity trader to get me in the Holland tulip market.

[deport]

How much toilet paper could you get for an eighth of an ounce of gold?

************

You wouldn’t get much today as the shelves are bare most of
the time. Or at least the few times I’ve gone into the stores.

[deport]

The store catalogs may become a premium item......... Slick
paper isn’t as good as weekly throw away stuff.

[alexander_busek]

2. Get out of debt. The Bible warns us repeatedly to avoid enslavement and compares debt to being like a slave. You can weather a crisis or a collapse with less stress and greater flexibility without debt.

The Biblical injunction does NOT apply to new-fangled fiat currency. When the Bible drew that comparison, a debt was tallied in gold or silver talents - so a monetary collapse was impossible.

When the U.S. dollar has collapsed and has roughly the purchasing power of Monopoly money, THEN I'll pay off my mortgage.

Regards,

[Bellflower]

Would they let a Conservative win?

[Wissa]

You wouldn’t get much today as the shelves are bare most of the time. Or at least the few times I’ve gone into the stores.

Order from Amazon or Walmart today and it will be delivered to your door next week. 48 mega rolls of Angel Soft for about $30.

[nevergore]

Kill your neighbor and eat them?

LOL, I think I binged on too many “The Walking Dead” shows...

[Brian Griffin]

One guy on my street bought a second house he rents out to relatives.

[Brian Griffin]

Tools are another possibility.

A neighborhood if coordinated could build quite a collection.

[Wissa]

Oops. Amending my last reply to you. 36 rolls, not 48.

[Brian Griffin]

Korean-style small business finance clubs are another possibility.

My father ran many small business syndicates.

[deport]

I don’t have any problems so far. I buy in bulk
when I happen upon it in visits to the stores.

[GOPJ]

Commies will wreck the economy ... that’s a given.

But

Commies also use starvation as a control tactic.. When commie tjugs give the boot to Biden it would be a good idea to be living in a red state and having a few fruit trees.