Surviving “Great Depression 2” With No Income by for Modern Survival Blog
The 29 depression wiped out money in the banks. If you had money there, you were paid ten percent of what you had when it crashed years later…
Be prepared for no Money in the bank, no money in your 401k, no money in your mutual funds. Social Security for the ones who are receiving it will be gone. Any pension from work will be gone.
So now figure out a plan to survive with all your income gone. Got Gold, Silver? Food, for how long? Water, for how long ? Ammo, Firearms? How much ammo? Do you have a Bible or two? You will wish you had one when this starts.
~ commenter on MSB
I read this comment and it really hit me. Though a worst-case Greater Depression scenario may be on the “what if” list for some of you (including me), think about this specific BIG PROBLEM… No income.
Surviving Without an Income Stream
Imagine (if you dare), NO INCOME FLOW. Nothing. Not even social-security from Uncle Sam. No benefits. No pension. Income from a job? What job? Do you know what that means?
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It means we would all be in deep doo-doo.
Survival would require having what you need — before it happens. Before devaluation. Before collapse. Long term survival would require much self sustainability. Not very many people/households can do that.
I’ll even give you this… Rather than no income, imagine a GREATLY REDUCED income. Something like currency devaluation (more than just a little).
I just posted two articles on the subject of a Greater Depression:
[ Read: The Perfect Storm – Greater Depression – 6 Months From Now… ]
[ Read: Action Plan For The Greater Depression That May Be Coming ]
So why am I posting a third? I hadn’t planned on it today, but that comment raised my eyebrow quite a bit. It’s a highly concerning hypothetical. I felt that it’s worth mentioning in a stand-alone post. At least get you thinking about “what if”… even if it’s just a partial loss of income.
