“He is probably already living debt free or with limited debt, which means he is probably better financially prepared for that ultimate SHTF sunrise.”
Is that a minor SHTF and not a major one? Because a major SHing TF would render all your debt meaningless; in a sense, if you are in debt, S better HTF and a major one at that.
I’m thinking minor SHTF, there was definitely one (possibly two) minor SHTF events up in the Great White North, in which the entire online banking and ATM system for one of their major banks (can’t remember if it was RBC - Royal Bank of Canada, or TD - Toronto Dominion) went down for an entire weekend, although cash was still available (IF you had it), there was no access to any accounts until they straightened the mess out.
In my view, one should always keep some extra cash around in the proverbial coffee can “just in case”.