I can’t emphasize this enough: GET OUT OF DEBT at all costs. Stock up on non-perishables, both food and non-food. This is going to be a VERY bad next 12-36 months.
I read somewhere in the past 24 hours that the USG is going to start tracking food purchases, gasoline, and there are proposals to allow the energy providers such as public works commissions to determine how much electricity and gas we can buy with cut offs.
I can’t emphasize this enough: GET OUT OF DEBT at all costs.
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Excellent advice. The last thing people need right now is high debt service costs.
Most credit card rates on outstanding balances is ridiculously high.
“GET OUT OF DEBT at all costs.”
Actually, I’d say take on more debt. Lots of it. You won’t be paying it back at today’s dollar value. Hyperinflation will allow you to pay off all debt fast.