How Christians And Others Can Prepare For The Coming World-Wide Financial Collapse
Two men begging for work during the Great Depression
Introduction:
In this article we will go over some things that people can do to prepare for the coming worldwide economic collapse, when the US “petro-dollar” becomes worthless as the BRICS currency system takes over to replace it in worldwide trade. The people who will be hardest hit will be Americans and people in any other nations that do not get onboard the new asset/commodity-backed BRICS system.
Areas we will be covering include:
- 1929 Great Depression compared to what is coming
- Food stockpiling
- Personal protection
- Debt reduction
- Barter items
- Precious metals investing
- Land/real-estate investing
- Safe havens
- Building Community
- Working On Spiritual Strength
Brief video about the Great Depression:
1929 Great Depression compared to what is coming
Can we compare something that hasn’t happened yet with something that happened in 1929? Yes, up to a point. We know what things in society and in our economy have changed since the Great Depression – and from that knowledge, we can deduce that a similar economic collapse is liable to be far worse, for reasons such as these:
- Our country is FAR from self-sufficient any more. Most products are now imported and that includes a LOT of food products.
- A large amount of medicines are made overseas, medicines that would have catastrophic consequences should they become scarce or unavailable.
- Few people grow their own food nowadays, yet far more people need to be fed.
- The morality of society as a whole has declined significantly since 1929, ensuring that people will be more lawless than they were decades ago.
- MANY more people have become dependent on financial assistance from the government than they ever were in the last century and they would be in big trouble if that government assistance abruptly ended.
- Many illegal aliens are now in the country, in many densely populated areas, areas that will become battlegrounds when people run out of food.
Food stockpiling
Obviously the most important way to prepare for any disaster, be it economic or even weather related, is to have a decent stockpile of non-perishable food on hand. You want food items that you actually will like eating, will be nutritious, will be easy to prepare, and will have a long shelf life, canned goods and dry goods. Having clean water is just as important. That can mean having a water filtering system, with a decent supply of spare filters and preferably a system that does not require power, but rather is gravity fed. Also things like water purification tablets or drops can be extremely important to have on hand.
Personal protection
Personal protection can take a lot of forms and can depend on where you live and what you are familiar with using and what you are willing to use. That can mean heavy-duty locks on your doors, security cameras, guard dogs, fencing, hand-held weapons, protective clothing (armored vests, etc.). And the old saying “there is strength in numbers” means that good personal protection in a time of crisis involves having enough able-bodied people living with you to keep an eye on your property at all times.
Debt reduction
In the crash of the 1929 Great Depression, many people lost their homes because they did not truly own them. The banks owned them because the banks held the mortgages. You can reduce your debt by paying off your mortgage. But having a paid off mortgage may not be so helpful if you live in an urban area that many not fare very well in a serious crisis. It might be better to NOT pay off your mortgage and buy a cheap property (a 2nd home) in a rural area, for cash… something like a wooded lot with an affordable mobile-home on it. These types of properties are called bug-out residences.
Barter items
When an economic crisis hits, and you don’t have everything you need for long term survival, it is always helpful to have things on hand that you can trade for things you don’t have. Those things to have on hand would need to be things of value to others in a crisis… hand tools, extra clothes and linens, things that could be used to repair stuff that breaks (hardware, adhesives, rope, etc.). Bear in mind that you would not want to be bartering with people who you don’t trust, who may just rob you for whatever you have that they want.
Precious metals investing
Precious metals like silver or gold coins and jewelry are always a way of storing wealth in a form that is easy to barter with or purchase with. But such things are likely to be of little value at the start of a collapse when food, water and medicine are scarce.
Land/real-estate investing
Land is another way of storing wealth for the long term. It can also serve as a safe haven if the land can be easily be converted into living quarters away from urban areas. The best land for this kind of investment would be land that is rural, has a water supply (well, pond or creek), and some sort of housing, be it a camper, mobile home, or even a reasonable size shed, especially one that has been converted into a hunting cabin that you could live in and survive in. That might mean that the shed is insulated and has a wood stove for cooking and heating.
Safe havens
Safe havens in a major time of crisis would be locations where there is a sparse population and perhaps a rural farming population like where there are Amish or Mennonite farming communities or regions where a lot of wild game can be hunted for food. The best safe havens would also be areas where friends or family also have properties – or large properties that could support a network of friends or family members, to provide security and extra-hands for labor, since a serious crisis can easily result in a need to live a more labor-intensive life.
Building Community
As I touched upon above, building community can be crucial to your survival in a crisis situation, be it an economic collapse or a major natural disaster. That community can be your own family members, close friends, or neighbors whom you have developed close friendships with, who you know you can trust in hard times. Building community takes time. Don’t expect to move out to “the boonies” by yourself and then soon after, have all sorts of people around to help you out. So if you are seeking to locate a safe haven away from urban unrest, you should find a place where friends or family already have a safe haven – or a place (preferably rural) that is near friends or family.
Working On Spiritual Strength
The most important way to prepare for ANY crisis, including a major financial crisis, is to be ready to meet God. As you surely know, any of us could leave this world at any time. We could go to sleep tonight and never wake up in the morning. How do we get ready to meet God? There really is only ONE WAY to do that. We need to have a right relationship with God through the Lord Jesus Christ, who is the only Being who can gain us entrance into Heaven. Why is that? Because Jesus was crucified, died, buried and came back from the dead, proving that He was and is God in the flesh. And He said that He came into this world to save sinners, which He in fact did – by His sacrificial death. That death is the ONLY payment for our sins that God will accept, in order to be granted entrance into heaven, to have eternal fellowship with God and His children. We learn all about the Lord Jesus and our dire need for Him by reading the Bible. A brief description of our spiritual situation is described in these Bible verses:
“For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life. For God sent not his Son into the world to condemn the world; but that the world through him might be saved. He that believeth on him is not condemned: but he that believeth not is condemned already, because he hath not believed in the name of the only begotten Son of God. And this is the condemnation, that light is come into the world, and men loved darkness rather than light, because their deeds were evil. For every one that doeth evil hateth the light, neither cometh to the light, lest his deeds should be reproved [exposed].” John 3:16-20
“Seek ye the Lord while he may be found, call ye upon him while he is near” Isaiah 55:6
If you already are ready to meet God, then you still need to work on your spiritual life to ensure that you can handle hard times when they come. Living a life of self-denial and of service to others is one of the best ways to be spiritually prepared for hard times. Along with that, includes a life of prayer, bible study and discipleship. Focusing primarily on personal comfort and on the things of this world will not prepare a Christian for hard times. Things of this world includes spending your money to have the nicest home, newest car, fancy clothes, dining out, the biggest newest tv, the best streaming movie subscriptions, going on elaborate vacations and spending time on expensive, time-consuming hobbies… basically doing the same kinds of things that your unsaved friends, neighbors and relatives are doing, who are living solely for this world, with no thought of preparing for eternity with God.
Related articles on the great depression and current economic crisis:
Woman and her children living in a beat-up shack during the Great Depression
