Preparation for the coming economic collapse
Part I: Guidelines for households and nations
On 24 November, we published a piece, which described the ‘multifaceted’ or overlapping nature of the coming economic collapse. In this entry, we will explain what means are likely to be the most effective in preparing for (hedging against) it. We start by going through what nations and households can do to prepare. The next part will concentrate on investors and corporations.
It is clear that if the Russo-Ukrainian war drags on, which now looks likely, the depth of the crisis will be aggravated, especially during the latter part of this winter. The threat of global food crisis, going forward, is also very real. The combination of economic, energy and food crises could produce wide-spread rioting and social unrest. These all should be taken into account in the hedging strategies.
Households
Keep reading with a 7-day free trial
Subscribe to GnS Economics Newsletter to keep reading this post and get 7 days of free access to the full post archives.