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Ramblings Of Economic Thoughts

Surviving In The Wild: An Economic Perspective

How to Prepare for Economic Collapse with No Money Substitute

Economic collapse is a probable occurrence in the current situation of the world. With countries having huge national debt that outstrips their national reserve, economic collapse is not an impossibility. Though we read only a few things about the financial condition of the current world, the real situation is not hopeful. So, it will be an excellent idea to make preparation for an economic collapse, where there would be no need of money. Here I am going to share the method which you can follow.

1.    Additional Source of Income
When you are expecting an economic collapse, the most important thing is to make some extra source of income. Try to create some additional income source with your creativity. Maybe you have a good knowledge about something, but you are not using that right now. Start to use that knowledge to make a different income source. It will give an outstanding support on economic collapse. You could then use the additional income to fast-track your prepping.

2.    Store Food and Water
Save a little bit of food every day. Try to store those kinds of food which can be eaten for a long time. Also, store some dry food for the bad days. Science says you can survive only three weeks without food. So, this is a major factor for you. Also, preserve pure water as much as you can. These two things will help you a lot when you are in an economic collapse.

3.    Keep the Metal (Gold and Silver)
Economic collapse starts slowly, and you won’t feel it at the starting. During that time, don’t sell any metal. The price of Gold and other valuable metals increases would increase during an economic collapse. So, you should keep the precious metals in your hand as a preparation for those difficult days.

4.    Start a Garden
A garden can provide you fresh and nutritious food in your hard moments. This is a good way to ensure the supply of food for you and your family. Also, if you have enough fruits and vegetables in your garden, they can bring some extra money for you. You can start this in front of your home. If you don’t have enough space, start a container garden. Choose the right vegetables and other herbs for gardening which has a good nutrition and value.

5.    First Aid Kit
Save the first aid kits for terrible situations. Don’t use this box right now, keep it safe somewhere which you will use in a collapse of the economy. Check some important things are available or not such as sterile gauze pads, elastic bandages, a thermometer, latex or non-latex gloves, instant cold packs, antibiotic ointment and some other necessary medical equipment.
 
 
6.    Self Defense Tools
Collect some self-defense tools to protect your assets from thieves and the other attacks. There is no need of gun or something else for self-defense. Mace and pepper spray are some good thing about it. You can collect Taser devices which shoot two small probes which transmit an electrical charge to the attacker. Use some alarming system. This will help you to get alerted when someone is trying to enter your property.
 
 

23 Prepper Items to Look For at a Store

Prepping is not a costly thing when you know about the process correctly. Also, you need to know which items are necessary for you. Here I am going to share top 23 prepper items which you should look for at a store.

1.    Winter gear: Things which are needed for winters like a coat, jacket, hat, gloves and other accessories are important to search in the stores. You can grab them with a little bit of money.

2.    Survival Gear: Look for the survival gears like a waterproof battery, match, and other accessories. Also, search for some tools.

3.    Camping Equipment: Buy some camping equipment. The reason behind this is to ensure a shelter when you are in an awful condition.

4.    Kitchen Items: Collect the kitchen items from the store to preserve them. Some of the important things are a can opener, meat grinders, manual blenders, etc.

5.    Gardening Tools: Look for some gardening items, from your old pallet furniture projects/ideas which will help you to do gardening for the security of foods.

6.    Emergency Supplies: Emergency supplies like a match, candles, first aid kits, radios, etc. are needed to collect as prepping items.

7.    Cast Iron things: There are so many kitchen items and other items which are made of cast iron. Collect them because the value of cast iron never decreases.

8.    Boots: Collect boots from the store. No need to spend a lot of money, rather you should collect those boots which are affordable.

9.    Wool Blanket: Blanket is the best thing to keep yourself protected in winter or wet weather.

10.    Tools: Collect different types of tools as much as you can. Look for verities of items.

11.    Books: Try to get some books which will keep you inspired and make you happy. You can spend a little bit of money for them.

12.    Games: Collect various types of games like a puzzle and some other games. It will keep you away from depression.

13.    First Aid: Keep some packages of gauze, bandages, and elastic bandages, some pain killers and extra things as the first aid kits.

14.    Backpack: When you are searching items for prepping, you also need to collect some bags. They will help you to carry a lot of things with less effort.

15.    Rain Gear: In any weather, it can happen raining, so, you should stay prepared for raining. Look for Slickers, boots, ponchos and umbrellas in the stores.

16.    Home Schooling things: Keep in your hand, some homeschooling items. You can grab them with a little bit of money.

17.    Rags: They are one kind of bag which you can buy with a couple of dollars. But they are supportive to carry a lot of things.

18.    Sewing Supplies: Look for needles, some fabric, cotton and some small sewing supplies. As if it not possible to go shops for clothes, they will give you good support.

19.    Gas Can: These types of can preserve gas on it. They are a helpful item for prepping.

20.    Bucket: Collect some plastic buckets which are lightweight. They will give the support to carry water and other precious things.

21.    Crayons: Seems these things are funny, but collect them as they can work as a candle.

22.    Hunting Gear: Hunting Boots, Camouflage clothing, and a variety of other gears are essential for prepping. Collect them with a good price from the stores.

23.    Canning Supplies: To store different types of foods, need to use some canning supplies. So collect them from stores.
 

Is Stocking up on Gold and Silver Smart

There are so many precious metals in the world. But the most common metals are silver and gold. Though platinum is also a valuable metal, people use them occasionally. From the past to the present, people are crazy about gold. In history, we see that the kings were fond of gold and other precious metals. The reason behind the thing is, gold is attractive, and it never loses its beauty and never mixes up with other metals. The same thing goes for silver. Both are high priced and attractive. Now the fact is, is it a good idea to stock up on gold and silver?

Why is it a good Idea?
As I have mentioned above, gold is one of the most precious metal in the world, and it never mixes with other metals, so they stay like new for a long time. The price of the gold never decreases. You will also see most of the developed countries are stocking and buying gold to secure their economy. Some of the developed countries which are buying and stocking gold are United States, Italy, France, Russia. This is a clear indicator that they are stocking gold for the future condition of their economy.

So, why not you?
When you stock gold, this means that you have something valuable. When you face an economic collapse, you can use these precious metal as your game changer. Usually, when the economy collapses, the price of the gold increases. So, it can bring lots of money when needed. Another thing is, you can collect gold and keep at your home without any hassle. There is no chance of any damage to gold. When you see that the value of money is decreasing and you can’t buy anything at the current price, you can sell gold for a good amount of money. Banks and other financial organizations will also give you a loan based on the amount of gold or silver. The most important thing is, gold and silver don’t get damaged easily. They remain pure which is not possible in case of the other metals.

Though there are a lot of positive side of stocking gold, this is not a practical thing in some conditions. Here I am going to discuss the reasons when it is not a good idea to stocking gold.

Why is it a Bad Idea?
Though you can sell gold at a good price when it is an economic collapse, there are also some other factors which you should keep in mind. Sometimes the price of gold also decreases. To guess the condition, you need the basic knowledge of economics. Also, the above things are possible when you are living in a developed city. But if you are in a rural area, there is no value of gold. You can’t buy foods with colors. On those situations, you need cash for your living cost. Also, there is less chance of exchanging the gold for cash when the economic condition is not in good condition.

So, the decision is yours what you want to do. Do that thing which you understand clearly and can bear the risks.

9 Ways You Can Generate Power After a Disaster

What is the biggest issue after a catastrophe? The lack of power, right? No matter what kind of disaster it is. It can be a terrorist attack, a massive storm, a cyclone or deadly plague. In every case, one thing is guaranteed, the power will go for a long time. If you wait for the regular power supply, you might not survive. That is why you should have some alternative to make power supply of your own. There are various options to generate power after a disaster. Here I am going to share 9 cool option to produce power again.
  1. Solar Power
Do you know the main power source of this galaxy is Sun? We can generate electricity from the power of sun which is called the solar power. Though there are some devices needed to generate power from the sun, this is a one-time investment. This will provide a good amount of energy which is enough to survive on that moment. This is also a good source of power especially if you live in a tiny house.
  1. Wind Turbine
Have you noticed that is some of the sea beaches, there is a turbine which runs from the power of wind? You can do the same process to generate power in your area after a disaster. To use the process, you needed to set the turbine in a place where you will get a good amount of air flow all the time. Air will run the turbine, and it will give you energy.
  1. Hydroelectric Power
This is a good option if you have the necessary resources. The hydroelectric power source is enough to survive in the primary stage. There is no need of reserved energy in battery cells. The power comes from the flowing water.
  1. Man Power
No matter in which area you are living. There will be enough manpower. You can use this power to generate electricity. If a man has enough energy to paddle a bicycle, he is ready to produce power for your area especially if his abode is tiny or he uses a tiny house plan to build his abode. You can change the person from time to time.
  1. Water Wheels
This process work in the same manner as the hydroelectric power. There is no need for any worry until the flow of water stops. Water wheels produce enough power to fulfill the requirement for a few people. But this is not a good way to provide power for many people.
  1. Steam Power
This is one of the old ways to generate power. Like the steam engine, you can run something with the power of steam. The fact is, you need to burn something to produce some energy. You can use woods and need to use the steam properly with the proper science.
  1. Exercise Bike
Do you have an exercise bike? Okay, then start to use the bike to produce some energy. You need to combine the exercise bike with an alternator to generate power. The alternator needed to connect with an inverter to transform DC into AC.
  1. Batteries
This is not a cheap way to produce energy. But you can use some dry cells to provide power for a good amount of time. This can be a good idea to use in the primary stage after the disaster.
  1. Generator
You can use a fuel-based generator to produce power. Generators can produce more power than most of the alternative energy sources. Also, this thing can fulfill the need of many people.
 
 
 

How to Prepare for Economic Collapse with No Money Substitute

Economic collapse is a probable occurrence in the current situation of the world. With countries having huge national debt that outstrips their national reserve, economic collapse is not an impossibility. Though we read only a few things about the financial condition of the current world, the real situation is not hopeful. So, it will be an excellent idea to make preparation for an economic collapse, where there would be no need of money. Here I am going to share the method which you can follow.

1.    Additional Source of Income
When you are expecting an economic collapse, the most important thing is to make some extra source of income. Try to create some additional income source with your creativity. Maybe you have a good knowledge about something, but you are not using that right now. Start to use that knowledge to make a different income source. It will give an outstanding support on economic collapse. You could then use the additional income to fast-track your prepping.

2.    Store Food and Water
Save a little bit of food every day. Try to store those kinds of food which can be eaten for a long time. Also, store some dry food for the bad days. Science says you can survive only three weeks without food. So, this is a major factor for you. Also, preserve pure water as much as you can. These two things will help you a lot when you are in an economic collapse.

3.    Keep the Metal (Gold and Silver)
Economic collapse starts slowly, and you won’t feel it at the starting. During that time, don’t sell any metal. The price of Gold and other valuable metals increases would increase during an economic collapse. So, you should keep the precious metals in your hand as a preparation for those difficult days.

4.    Start a Garden
A garden can provide you fresh and nutritious food in your hard moments. This is a good way to ensure the supply of food for you and your family. Also, if you have enough fruits and vegetables in your garden, they can bring some extra money for you. You can start this in front of your home. If you don’t have enough space, start a container garden. Choose the right vegetables and other herbs for gardening which has a good nutrition and value. Ensure you design a sufficient garden plan before hand.

5.    First Aid Kit
Save the first aid kits for terrible situations. Don’t use this box right now, keep it safe somewhere which you will use in a collapse of the economy. Check some important things are available or not such as sterile gauze pads, elastic bandages, a thermometer, latex or non-latex gloves, instant cold packs, antibiotic ointment and some other necessary medical equipment.
 
 
6.    Self Defense Tools
Collect some self-defense tools to protect your assets from thieves and the other attacks. There is no need of gun or something else for self-defense. Mace and pepper spray are some good thing about it. You can collect Taser devices which shoot two small probes which transmit an electrical charge to the attacker. Use some alarming system. This will help you to get alerted when someone is trying to enter your property.
 
 

23 Prepper Items to Look For at a Store

Prepping is not a costly thing when you know about the process correctly. Also, you need to know which items are necessary for you. Here I am going to share top 23 prepper items which you should look for at a store.

1.    Winter gear: Things which are needed for winters like a coat, jacket, hat, gloves and other accessories are important to search in the stores. You can grab them with a little bit of money.

2.    Survival Gear: Look for the survival gears like a waterproof battery, match, and other accessories. Also, search for some tools.

3.    Camping Equipment: Buy some camping equipment. The reason behind this is to ensure a shelter when you are in an awful condition.

4.    Kitchen Items: Collect the kitchen items from the store to preserve them. Some of the important things are a can opener, meat grinders, manual blenders, etc.

5.    Gardening Tools: Look for some gardening items which will help you to do gardening for the security of foods.

6.    Emergency Supplies: Emergency supplies like a match, candles, first aid kits, radios, etc. are needed to collect as prepping items.

7.    Cast Iron things: There are so many kitchen items and other items which are made of cast iron. Collect them because the value of cast iron never decreases.

8.    Boots: Collect boots from the store. No need to spend a lot of money, rather you should collect those boots which are affordable.

9.    Wool Blanket: Blanket is the best thing to keep yourself protected in winter or wet weather.

10.    Tools: Collect different types of tools as much as you can. Look for verities of items.

11.    Books: Try to get some books which will keep you inspired and make you happy. You can spend a little bit of money for them.

12.    Games: Collect various types of games like a puzzle and some other games. It will keep you away from depression.

13.    First Aid: Keep some packages of gauze, bandages, and elastic bandages, some pain killers and extra things as the first aid kits.

14.    Backpack: When you are searching items for prepping, you also need to collect some bags. They will help you to carry a lot of things with less effort.

15.    Rain Gear: In any weather, it can happen raining, so, you should stay prepared for raining. Look for Slickers, boots, ponchos and umbrellas in the stores.

16.    Home Schooling things: Keep in your hand, some homeschooling items. You can grab them with a little bit of money.

17.    Rags: They are one kind of bag which you can buy with a couple of dollars. But they are supportive to carry a lot of things.

18.    Sewing Supplies: Look for needles, some fabric, cotton and some small sewing supplies. As if it not possible to go shops for clothes, they will give you good support.

19.    Gas Can: These types of can preserve gas on it. They are a helpful item for prepping.

20.    Bucket: Collect some plastic buckets which are lightweight. They will give the support to carry water and other precious things.

21.    Crayons: Seems these things are funny, but collect them as they can work as a candle.

22.    Hunting Gear: Hunting Boots, Camouflage clothing, and a variety of other gears are essential for prepping. Collect them with a good price from the stores.

23.    Canning Supplies: To store different types of foods, need to use some canning supplies. So collect them from stores.