newyorklady said:
I believe that there will be a massive economic collapse in the U.S. in approximately four years. But I don't have the answers as to what I can do to protect myself.
I am partially in that camp as well...I see it as a possibility, but not a likely possibility.
What I've done to protect myself and my family in that situation, is by coincidence only...just before I retired we bought a 200 acre farm...I raise animals, grow hay, large veggie garden; I have a private septic, private well, and am capable of providing almost 100% of my food on my property (true it wouldn't have quite the variety that you can get at the market, but we wouldn't starve). I also am converting over to woodheat as a backup (and have a lifetime supply of firewood on the property). No debt, house paid for, wife is trained as an RN and could provide most routine care if need be...etc.
If there is a true economic collapse, we'll do OK. I feel quite confident, if need be, we could live years on this farm without needing too much. My property taxes would be the biggest expense and worry in that situation..unless of course things are so bad I can pay my bill with sheep
Of course, truth of the matter, the way I am living, I'd be doing even if I knew 100% for sure that there is no collapse coming...its just a coincidence that the lifestyle that works for me, is an insurance policy. I suspect most city/suburban folks would be out of food, heat and just about everything else in a matter of days in a true "collapse"...
So, there are things you can do to prepare, but unless you are able to see the future, and know for sure its going to happen, I certainly would try to live a life that you wouldn't otherwise for the off chance that things go sour.
Just my two cents.