10 things that happens when an economy collapses

no economy in the history of the world has ever sustained a constant rate of growth recessions depressions and complete economic collapse is inevitable in even the most advanced societies insider trading greed and crony capitalism can all lead to an inevitable collapse of the economic infrastructure pandemics armed conflicts and natural disasters can fuel a rapid deconstruction of economies and societal norms preparing for the economic collapse of any society starts with understanding how society breaks down and history can inform us of how that happens when a nation collapses is it possible to be prepared can you know what to expect [Music] in this video we'll look at the 10 most common things that happen after society collapses not all of these things occur at once and your surrounding community may not suffer from all 10 of them but they will occur nonetheless you may even have noticed a few of the warning signs of the things i will cover in this video be aware of how they will interrelate and prepare for their eventuality all economies do collapse and no economy is immune to the cyclical nature of growth and decay here are the 10 things to expect number one food shortages food shortages are one of the first things to appear after society collapses farms may still be producing crops at the same rate and ranchers may be raising animals at the same production levels however the ability to harvest crops process meat and manufacture foods and transport food from farm to ranch or ranch your store or table may fall apart at any step in the process whether farmers can't find laborers to harvest crops and they rot in the fields or ranchers can't get their meat processed because plants are closed just one failure in the food supply chain can have a ripple effect across industries in this recent pandemic we have begun to see cases where meat packaging plants shut down farmers were unable to harvest their crops dairy farmers were forced to dump their product because distribution chains no longer allowed them the opportunity to bring their product to market though this initial chaos quickly passed and store shelves were restocked in short order it should have been enough for you to realize the need to prepare for potential food shortages runs on stores and empty shelves cause panic buying and hoarding which further complicates the shortages and supply chains hyperinflation and hyper demand for products causes dramatic price increases which leads to even greater panic and further compounding shortages having ample supply of stable products knowing ways to cook to stretch your supplies bartering for food and growing your own food are all methods to insulate yourself from shortages caused by an economic collapse number two paper currency becomes worthless when an economy collapses paper currency becomes worthless high demand products products and shorts apply and products with supply disruptions skyrocket and price products may become so expensive that the relative value of currency becomes much lower it takes more and more dollars to purchase previously inexpensive products precious metals tangible goods skills and services become the new currency precious metals will retain some value amidst an economy's collapse because they have global value and intrinsic value people know that precious metals like minute coins hold value so they will be more willing to barter for precious metals over paper currency precious metals will also retain value in economies of neighboring countries that are not experiencing a collapse perhaps more invaluable than even gold however is a value that you can bring to bear based upon your skill and talents skills are your number one commodity and of greatest value possessing needed skills like carpentry sowing medicine home brewing fishing hunting welding and the like will allow you to trade these services for food and other services you will need to survive when paper currency is literally not worth the paper is printed on what you can do will determine what you can obtain in goods and services number three homelessness with the 2020 cares act set to soon expire in the united states the nation may be facing a homelessness crisis even before the year is out already politicians and economists are warning that the added income on top of unemployment benefits may be the only thing keeping people in their homes and apartments pro-opening and pro-quarantine factions continue to debate the merits of their causes but with unemployment at historic highs and consumers spinning dramatically slowed the economy is not likely to add the millions of jobs it is lost with the benefit packages retirement savings vacation hours and personal savings running out in congress arguing and debating over what if anything should come next it's not unlikely that the evictions and foreclosures will follow as tenants cannot pay landlords will evict by law or by force government mortgage and rent relief programs can only last so long when these supplemental resources and personal reserves run out and people join the ranks of the truly unemployed and are unable to pay their rent or mortgage evictions will be looming some people will be able to gather family members under the same roof other less fortunate people will find themselves searching for shelter owning land is the best insulation from homelessness but not everyone is in a position to do that this leads to the fourth thing that occurs when a country's economy collapses number four large-scale migrations large-scale migrations are inevitable as people seek out places rumored to have jobs or food just like during the great depression in the dust bowl people find themselves homeless will seek locations where they can work eat or find stable shelter as people search for jobs and resources they may move across the land and through your community they may move across or through your area which can cause safety issues for you and the security of your resources they may try to homestead near you and forage from the same areas thereby reducing your available resources after every armed conflict you see whole caravans of migrants fleeing their once stable homes in search of a better life most are not received well by people in the land that they are trying to cross or settle large-scale migrations are inevitable in any nation's economic collapse and these large-scale migrations can put your safety in jeopardy if you're trying to stay put or travel yourself to a safer location number five utility interruptions the fifth inevitable occurrence when a nation's economy collapses is the interruption of utilities as utility services are cut off for non-payment pirating of utilities becomes more commonplace this can divert power from your location and cause large-scale regional outages as prices rise or money becomes worthless utilities will never be a free service so they're just shut down the united states power grid is very old and in constant need of maintenance and repair as utility companies are unable to meet maintenance schedules or are forced to cut back on their labor force extended periods of utility and eruptions are inevitable water power even garbage services can all temporarily be halted or interrupted compound these economic interruptions with any other natural disaster such as a flood tornado earthquake and light and you can see a service interruption which could last for weeks or months poor maintenance and flooding can easily lead to the poisoning of municipal water sources having a home storage barrel system or natural water source may be critical to your survival alternative power methods and water reserves provide some insulation from the harmful consequences of an economic collapse having access to natural flows or collection points of water can sustain you through disruptions and having at least some form of alternate power generation like solar or wind energy will allow you to at the very least sustain yourself number six crime increases crime and lawlessness increase tremendously after a nation's economy fails kidnappings muggings robberies and looting all become commonplace if local law enforcement is unable to keep pace or keep a police force in the field criminals and desperate people will prey upon the weak and seize by force whatever they feel they can safely get away with in some cases these crimes will be individuals taking advantage of the circumstances but as the nation continues to decline roving gangs and armed groups can become more commonplace as others see the normal societal rules and laws only applying to some and in some areas a growing desperation emerges people begin to ignore laws to make sure they have the resources they need to survive keeping your resources and prepared supplies concealed and secret are essential to your ongoing security having some forms of personal protection and security become essential even the perception of strength can work to your advantage if your shades are drawn criminals don't know what they will encounter if your resources are hidden opportunistic people will pass over your location for a softer and visibly richer target remember those looking to take advantage of the situation will often look for easy targets this leads to the seventh thing that occurs when the economy collapses militaristic rule number seven militaristic rule when an economy collapse the threat of militaristic rule rises from potential to probable when police are unable to control the lawlessness local state and federal governments will do whatever they can to restore peace maintain some semblance of stability and retain power this can lead to greater armed confrontations which can then cause an even greater military presence in some areas martial law or something that looks like martial law will be put in place militias local police forces state national guard units military each may control pockets of population that may end up fighting each other for that control you should be prepared to lay low or to bug out to your location if you have one having prepper stores off-site secured or even buried will allow you to get to a safer location and survive once there this isn't always a possibility for many city preppers if you have to bug out be prepared for the self-proclaimed authority forces you may encounter as well as potential marauding bans keep some of your supplies hidden but more visible than your main supplies if you have a five pound bag of flour hidden slightly in your bug out vehicle but another 25 pounds hit more deeply you're likely only going to be out of 5 pounds should you get stopped and shaken down even in an economic collapse not everyone is going to want to kill you if they can take what you have at gunpoint if you are bugging out be prepared for self-proclaimed authorities to seize your supplies in the name of their cause the same practices apply have a deeper more hidden supply to make it appear as though the slightly hidden supplies are all you have during the american revolution it was not uncommon for patriot forces to seize people's food and cattle in the name of the rebellion colonists were sometimes paid in mostly worthless ious a starving military under sporadic and unclear leadership could seize your visible supplies partially or whole number eight no or limited fire police health services the eight thing that occurs during any nation's economic collapse is the limiting or complete failure of fire police and health services if there's a billing fire but the streets are blocked no fire engines will be coming to put out the fire if police are trying to quell a riot none will be available to stop the robber at your back door if hospitals are inundated with wounded sick or short staff will anyone come for you if you accidentally cut yourself or suffer a medical emergency when local economies fell these workers may be laid off or let go they won't work forever for free in the days after hurricane katrina police officers were not reporting to duty in full numbers as they cared for and protected their own families as hospitals prepared for a wave of coveted 19 patients in need of critical care other medical procedures were to later cancel during any economic collapse these services of fire police and health will be at best sporadic in some cases they may not exist at all together review your preparations in case of a fire can you contain a small fire can you evacuate safely if you must review your personal security preparations is your bug in location safe and locked down can you protect yourself if you need a bug out review your medical needs i have several videos on all of these subjects on my channel if you want to take a deeper look at any of them but do realize that these critical health and safety resources are also some of the first things that go as the nation's infrastructure collapses number nine no more disaster relief in addition to the failure of local fire police and health services realize that our ninth thing to go is disaster relief an economic downturn or depression can turn deadly after any natural disaster federal relief and rescue sources may not be available at all or may not be able to get to you any natural disaster would result in a greater death toll and would intensify the economic collapse a hurricane hitting the east coast for example in the absence of a federal relief effort and with the absence of local fire medical and police services could result in famine disease looting and a mass migration of fling people an earthquake could turn a population desperate to survive death tolls can skyrocket and your personal security may be left solely up to you when prepping prepare for the obvious probable disasters that occur in your area normally but also prepare for the possible disasters which could result from a compounding of disasters during an economic depression emergency relief may not come so make sure your supplies can sustain you for as many weeks as possible number 10 a new world recovery the final thing that occurs after any nation's economy collapses is an inevitable recovery all economies are cyclical what holds and retains value may change as the circumstances change but a new world does emerge while governments may change economies continue in one way or another power may change hands at the highest levels whole systems or democracy can swiftly become feudalistic societies or authoritarian reigns eventually some stability returns to a region what that looks like is impossible to know but if you prepare for the immediate things which occur when an economy collapses your chances of riding out the storm and surviving to a time of recovery increases likewise your value to the new society increases according to what you're able to produce or maintain if you are able to grow food people will always need to eat if you know how to hunt or forage people will always need to eat to survive even in the darkest days of our nation's collapse some form of recovery is in the future what that recovery looks like is out of your control but making it to that recovery is the essence of proper prepping after every economic collapse a recovery occurs stability does eventually return to a region what that new economy and world looks like is impossible to know but if you prepare for the immediate things which occur when an economy collapses your chances of riding out the storm and surviving to a time of recovery increases even the strongest of nations can fail even the most robust economies can sink into deep and long-lasting economic depressions be prepared by knowingly prepping for these 10 things which occur when a nation's economy collapses at best you may only encounter one of these as a problem at worst you could suffer through all of them and more proper preparation will now carry you through safely to an eventual recovery if you found this video informative and helpful please feel free to like it share it with your friends family and community if you have any comments or anything you'd like to share please feel free to leave a comment in the section below i try to do my best to read as many comments and respond to them when i'm able to do so usually within the first hour of releasing the video remember to search on the channel for more in-depth information about things i discuss in this video if you'd like to be notified when other videos become available please feel free to click on the subscribe button as always stay safe out there [Music] you

Channel: City Prepping

Views: 843,580

Rating: 4.9263678 out of 5

Keywords: prepper, preppers, great depression, how to prepare, recession, financial collapse, how to prepare for financial collapse, economic collapse

Id: mepBMJNwFqc

Length: 15min 31sec (931 seconds)

Published: Wed Jul 29 2020

Reddit Comments

[u/Twoedge01]

Under the TRUMP TYRANI these thing are more likely than ever to occur. Before that even starts know that knowledge IS Power!