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Author Topic: How are you preparing for an Economic Collapse/Great Depression 2.0?  (Read 3204 times)
beetcoin (OP)
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November 15, 2013, 07:27:33 PM
 #1

i have done.. nothing, really. but maybe this thread can be of use to some people who are looking for ideas on what to do in the event of a great economic collapse, which most of us tend to believe is coming within our lifetime.. or even this decade. what are some suggestions? if i were a millionaire, i'd consider it a good investment.

- stockpile some chlorine. in the event of a great economic collapse, clean water will be scarce. you only need a small amount of chlorine to purify water.
- possibly invest in solar panels and renewable energy/resources?
- buy some guns/firearms to protect yourself?
jojo69
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November 15, 2013, 07:29:53 PM
 #2

http://www.youtube.com/watch?v=FonhfBv64dE

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
beetcoin (OP)
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November 15, 2013, 07:38:32 PM
 #3

moringa oleifera is a low maintenance, high nutrition plant. you don't need to water it much, and it has protein/vitamins to feed you. i do have some, so i guess that's a start. though it does taste putrid, it'll keep me alive. hell, it even purifies water for you!

http://en.wikipedia.org/wiki/Moringa_oleifera
Ibian
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November 16, 2013, 02:00:59 AM
 #4

I has a boat. Or, I will sometime between bitcoin becoming more valuable than it is and everything imploding.

The idea goes like this: Put up a windmill, maybe several, to power the fridge/water filters/nav/etc. With the ability to convert sea water to drinking water, and everything powered by the wind (either sails or electric engines, or both), all I'd need to do is fill up on food once a month or whatever and live out to sea during troubled times.

Look inside yourself, and you will see that you are the bubble.
lucaspm98
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November 16, 2013, 02:13:31 AM
 #5

I'm a small "prepper". 50 gal rain barrel, another 50 gallons of water, bug out bags, small solar panels, stockpiled foods, and lots of other things randomly stockpiled. Also have a ton of junk silver which I believe will be a new currency along with Bitcoin if the dollar collapses. Im not a crazy person fearing an alien invasion, but the world is getting more and more volatile and it's better to be safe than sorry.
BitCloud
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November 16, 2013, 02:21:47 AM
 #6

Costco dry food + a couple gallons of olive oil and coconut oil frozen
Water purifiers
Keeping family fit
renaxi
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November 16, 2013, 11:15:47 PM
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Getting my education done so i have some knownlegde on electrical Circuits and electricity. Then safe up money and get myself a 20+ hectare Island a bit away from the society. Get some windmills, solar panels and other powerforms. Plant some pines, beech and fruit trees. Getting some farm animals like cows and chickins, maybe stockpile some cannfood and wheat for replant. Making a house from bricks because they need less renovation and are better to withstand temperature changes. Stockpile alot of chemicals, mostly for normalday uses, but some for development.

dank
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November 16, 2013, 11:20:30 PM
 #8

In which region would your island reside?

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Spendulus
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November 16, 2013, 11:34:31 PM
 #9

i have done.. nothing, really. but maybe this thread can be of use to some people who are looking for ideas on what to do in the event of a great economic collapse, which most of us tend to believe is coming within our lifetime.. or even this decade. what are some suggestions? if i were a millionaire, i'd consider it a good investment.

- stockpile some chlorine. in the event of a great economic collapse, clean water will be scarce. you only need a small amount of chlorine to purify water.
- possibly invest in solar panels and renewable energy/resources?
- buy some guns/firearms to protect yourself?
Beer.
renaxi
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November 16, 2013, 11:35:41 PM
 #10

In which region would your island reside?
Don't know yet, but was thinking of getting something within the temperated climate zone. And where there aren't any earthquakes.

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November 16, 2013, 11:38:25 PM
 #11

i have done.. nothing, really. but maybe this thread can be of use to some people who are looking for ideas on what to do in the event of a great economic collapse, which most of us tend to believe is coming within our lifetime.. or even this decade. what are some suggestions? if i were a millionaire, i'd consider it a good investment.

- stockpile some chlorine. in the event of a great economic collapse, clean water will be scarce. you only need a small amount of chlorine to purify water.
- possibly invest in solar panels and renewable energy/resources?
- buy some guns/firearms to protect yourself?
Beer.

Beer? Just make it yourself. Nobody would hurt a guy, who know how to make beer. ^^

Rupture
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November 16, 2013, 11:40:15 PM
 #12

There is a difference between doomsday and a stock market crash, well, for most people anyway.
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November 16, 2013, 11:47:34 PM
 #13

I has a boat. Or, I will sometime between bitcoin becoming more valuable than it is and everything imploding.

The idea goes like this: Put up a windmill, maybe several, to power the fridge/water filters/nav/etc. With the ability to convert sea water to drinking water, and everything powered by the wind (either sails or electric engines, or both), all I'd need to do is fill up on food once a month or whatever and live out to sea during troubled times.

Keeping in mind that weather is getting increasingly unpredictable and volatile as solar activity wanes. Hope its a big boat. The other thing, having had some  interaction with marine industries - maintenance.  Ocean going boats require lots of it.
dank
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November 16, 2013, 11:48:55 PM
 #14

In which region would your island reside?
Don't know yet, but was thinking of getting something within the temperated climate zone. And where there aren't any earthquakes.
I had my eyes on the Caribbeans if you want to be neighbor islands.

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renaxi
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November 16, 2013, 11:54:06 PM
 #15

In which region would your island reside?
Don't know yet, but was thinking of getting something within the temperated climate zone. And where there aren't any earthquakes.
I had my eyes on the Caribbeans if you want to be neighbor islands.
Mhh, doesn't sound bad, but the price will have to be pretty reasonable, or the bitcoins vaule would have to raise to way beyond what it is now. But sure sounds like a good idea. But atleast 5 years before i start earning some serious money. So would be around 7-8 years before you would see me as your neighbor. Smiley

cdtc
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November 17, 2013, 12:26:24 AM
 #16

i have done.. nothing, really. but maybe this thread can be of use to some people who are looking for ideas on what to do in the event of a great economic collapse, which most of us tend to believe is coming within our lifetime.. or even this decade. what are some suggestions? if i were a millionaire, i'd consider it a good investment.

- stockpile some chlorine. in the event of a great economic collapse, clean water will be scarce. you only need a small amount of chlorine to purify water.
- possibly invest in solar panels and renewable energy/resources?
- buy some guns/firearms to protect yourself?
I wont prepare, I mean thinking like this doesn't make any sense.
Living in constant fear and preoccupations if  something bad is gonna happen doesn't make much of a life.
A car could run over you just tomorrow, so whats the point?

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dank
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November 17, 2013, 01:02:32 AM
 #17

No worries, bitcoin should raise a good 10,000% or so by then.

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November 17, 2013, 01:03:43 AM
 #18

I wont prepare, I mean thinking like this doesn't make any sense.
Living in constant fear and preoccupations if  something bad is gonna happen doesn't make much of a life.
A car could run over you just tomorrow, so whats the point?

   The forecast calls for high winds and unprecedented snowfall. It is relatively calm, with just a few flakes falling. Do you
a) ignore all warnings, and start a 5 day hike in shorts and a T shirt, carrying nothing because nothing bad could ever happen(or you are going to be hit           by a car anyway)

b) Dress warmly, and carry shelter & supplies
c) Stay home with a cozy fire and some supplies

a) seems singularly foolish to me. Why do anything for future comfort or gain if you expect to be hit by a car tomorrow. This doesn't mean go live in a bunker with your dog for the next 10 years, but some forethought and planning for possible scenarios is a sound practice. Being prepared doesn't mean living in fear. Most who prepare for setbacks do so for peace of mind because they DO NOT expect to be run over by a car tomorrow.  
cdtc
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November 17, 2013, 01:31:16 AM
 #19

I wont prepare, I mean thinking like this doesn't make any sense.
Living in constant fear and preoccupations if  something bad is gonna happen doesn't make much of a life.
A car could run over you just tomorrow, so whats the point?

   The forecast calls for high winds and unprecedented snowfall. It is relatively calm, with just a few flakes falling. Do you
a) ignore all warnings, and start a 5 day hike in shorts and a T shirt, carrying nothing because nothing bad could ever happen(or you are going to be hit           by a car anyway)

b) Dress warmly, and carry shelter & supplies
c) Stay home with a cozy fire and some supplies

a) seems singularly foolish to me. Why do anything for future comfort or gain if you expect to be hit by a car tomorrow. This doesn't mean go live in a bunker with your dog for the next 10 years, but some forethought and planning for possible scenarios is a sound practice. Being prepared doesn't mean living in fear. Most who prepare for setbacks do so for peace of mind because they DO NOT expect to be run over by a car tomorrow.  

You cant compare weather and this these are different things. All that sounds a little too much obsessive about material goods and personal comfort to me.And I don't see people preparing for things like this anywhere but in America. People survived far worse things.

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November 17, 2013, 02:15:25 AM
 #20

....doesn't mean go live in a bunker with your dog for the next 10 years, but some forethought and planning for possible scenarios is a sound practice. Being prepared doesn't mean living in fear. Most who prepare for setbacks do so for peace of mind because they DO NOT expect to be run over by a car tomorrow.  

bunker?

How about gaining some basic skills?  Machine shop, welding, carpendry, concrete and the segments of engineering behind them.  How engines and motors and such work.  And there's a lot more to gardening than one might think.

A lot of people today are terribly ignorant about the basics.  Like, a hobby of building race cars would generate some survivors...
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