Have you ever thought what would happen in the event of economic collapse?
It happened in Greece and it could happen here too. You no doubt saw the civil unrest in Greece caused by the economic collapse. Long queues at the banks, inflation skyrocketing and uncertainty over what the future held.
When the economy suffers a collapse, things aren’t pretty. Lives will be severely disrupted and the fight for survival begins. The question is, will YOU be prepared?
Panic will set in when the economy goes belly up. People will panic over what food and supplies they have and where they can access more of it. Millions upon millions of worried people will be heading to their bank to withdraw savings. Long queues, snaking out of the bank – we’ve seen that all too often in recent years.
When panic like this sets in, the government is keen to stop it from spreading, so will impose limits on how much people can withdraw or even prevent any cash withdrawals from happening altogther.
Without money in their hands, there will be a rise in crime as people resort to stealing, fighting or even killing others to survive. Riots and looting are likely, often starting in one city and spreading to others.
As society breaks apart into a free-for-all, the government will impose martial law, with military resources drafted in to maintain law and order.
Your everyday life as you knew pre-economic collapse will be very different, with your freedom of movement restricted with overnight curfews in place.
Martial laws mean that regular laws are temporarily suspended, and you have to do what the government says.
In times of economic devastation, having all of your money tied up in the bank isn’t a wise choice. Have some cash that can use to get by and use it to maintain your survival chances. We’ve already talked on this blog about preparing for the worst as well as having a free Disaster Survival guide which you can download here.