"It was not that long ago that the country of Greece suffered a devastating collapse of their economy.
At the time, there was a lot of blame game going on but, at the end of the day, it was years of irresponsible and unrestrained spending that took them down.
That, coupled with questionable accounting practices and misstated economic indicators left the Greek citizens befuddled and angry when the reality of a depression hit. Could the same thing happen here?
Not to be depressing but in going through my own thoughts as I answer the question “What am I least prepared for?”, I realized that it was time for a wake-up call and time to re-evaluate my own preps within the context of an economic collapse.
Looking back at what happened during or our own Great Depression, I have come to realize that an economic collapse, if it were to happen, would have the compound effect of combining all woes we so diligently prepare for into one huge mess – a mess that may take decades to resolve.
I worry about this, because, as prepared as I may be, I find it difficult to wrap my head around a mega collapse that will result in food and water shortages, power outages, civil disobedience, medical anarchy, and worse.
A global economic collapse, unlike a natural disaster which, as tragic as it may be, is a short term event, will change our lives forever.
Time for a Wake-Up Call" The overwhelming ramification of having all of these things happen at once will be a blow to the psyche that is of greater magnitude than anything you can imagine.
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