The fear of a major stock market crash has returned to global financial markets, and it does not appear that there will be an easy fix this time. For the first four months of 2019, the mainstream media told us over and over again that a great deal of progress was being made on a trade deal with China and that negotiations would soon reach a final conclusion, but now it has become clear that those news reports were fake news.
For a variety of reasons, the Chinese have been slow playing negotiations all along. Once they got the Trump administration to suspend the implementation of any new tariffs while negotiations were ongoing, the Chinese no longer had any urgency to reach an agreement. In fact, if the Chinese could have run out the clock all the way to the 2020 election, they surely would have done so.
They would very much prefer to negotiate with someone else, and I think that President Trump has finally figured out that he was being played. On Sunday, in a very angry two part tweet Trump announced that he is going to slap China with huge new tariffs.
Chinese Vice Premier Liu He has cancelled his trip to Washington this week for trade talks following a tweet by President Donald Trump threatening more tariffs because the talks have moved too slowly.
After Trump threat the chinese stock market had its worst day in 3 years. Stock started to crash all over the World and we experienced a small dose of the upcoming global stock market crash.
Experts warn that a prolonged trade war between the world’s two largest economies risks fragmenting the global market and questioned if the US could weather another economic collapse.
Even without the collapse of trade talks with China, we were definitely hiding toward to an economic crisis. We have a major stock market crash in place. It’s just a matter of playing out in some of these other funny numbers. The reality is on the downside, where you have mixed pressures right now. The U.S is on the way of another financial collapse and we can’t to anything to stop it.
President Trump is threatening additional billions in tariffs against Chinese imports while sending warships up to China’s declared territory in the South China Sea. Is this another big bluff? Will talks continue? What do the markets have to say about it?
How Preppers Stockpile Food to Prepare for Economic Collapse
How Preppers Stockpile Food to Prepare for Economic Collapse
When I am asked how preppers stockpile food for an economic collapse or other emergency, I am often surprised by the reaction that people have. They naturally assume that I have a bunch of pallets of Army MRE’s or freeze-dried survival meals in the garage.
Don’t get me wrong, if I had a rich man’s bank account I might have a climate controlled bunker stockpiled with freeze-dried survival meals. But I live in the real world and as a Prepper Consultant I have to advise people who don’t have unlimited resources.
So how does a typical prepper stockpile food for an economic collapse or other “SHTF” (Sewage Hits The Fan) scenario? First, it is nothing as glamorous as what you might see on an episode of “Doomsday Preppers.”
Step one is to divide your thinking and your food storage into short-term and long-term. Short-term is thought of as the food storage you have to last you for up to 3 months. Long-term is considered food storage that will last you up to one year.
The thing about short-term food storage is that it includes all the items in your pantry that you eat every day. It is constantly rotated and used up before it goes out of date. There is nothing exotic or freeze-dried and certainly no Army MRE’s.
Long-term food storage may be freeze-dried, but that is some very expensive food. More likely, it is food that is in Number 10 cans that you can get from a LDS (Latter Day Saints, or “Mormon) church cannery. These foods are staples like wheat, flour, potato flakes and oats that will last in their cans for 10-20 years, so rotating them is not a major consideration.
The thing about these long-term food stores is that, since they are not “just-add-water” emergency / survival foods, you actually have to know how to cook.
So Job One for a serious prepper is that each week they want to be cooking at least one meal from items in their long-term food storage, to ensure that when the time comes, they will be already acclimated to using them.
Stockpiling food this way is both very practical and very economical and can be done step by step instead of requiring a single, budget-busting purchase of survival foods from some online store.
However, preppers do more than stockpile food for an economic collapse or other emergency. Preppers are also thinking about being stranded in their cars away from their supplies and are thinking about what they will do if the power grid goes down.
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