Are We Headed For an Economic Collapse?

Those That Are Not Preparing For The Coming Economic Depression Are Going To Bitterly Regret It

Economic Crisis prepare

Michael Snyder
Economic Collapse
August 19, 2013

The next great economic crisis is rapidly approaching, and most people are going to be totally blindsided by it.  Even though the warning signs are glaringly obvious, most Americans continue to believe that our “leaders” know what they are doing and that everything will be just fine.  But what will happen when the next great financial crash happens and trillions of dollars of “paper wealth” disappear into thin air?  What will happen when the coming credit crunch causes economic activity to dramatically slow down and millions upon millions of people lose their jobs?  This shouldn’t sound far-fetched to you.  Remember, this is exactly the kind of thing that we saw back in 2008, and the next great financial crisis is likely going to be significantly worse.  Our economy is in far worse shape than it was back in 2008, and government dependence is now at an all-time high even though most Americans are still enjoying debt-fueled false prosperity.  We are living in the largest debt bubble in the history of the planet, and when it bursts we are going to experience a crippling “adjustment” to our standard of living.  Some people understand this and are busy preparing for what is ahead.  It has been estimated that there are approximately 3 million ”preppers” in the United States, and that number is growing all the time.  Unfortunately, most Americans are not preparing for the coming economic depression and they are going to bitterly regret it.

So what does preparing for the coming economic depression look like?

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