9 Ways to Survive The Coming Great Depression (Close to 40 million people have filed for unemployment since the coronavirus reached American shores, leading financial experts to draw comparisons between...

Even though the Great Depression occurred nearly a century ago, many of the hard lessons learned in the Dirty ’30s can be applied to the current financial crisis.

With rising fears about the current debt crisis, many people are worried for the economy and living conditions. The smart analysts admit that the economy will worsen and are learning how to survive a coming great depression.

If things really worsen you will want to be prepared. Here are 9 simple ways on how to survive the coming great depression.

1) Store Your Food.

Food is a necessity to life. Don’t become one of the panic merchants hunting for food when its too late. Most families don’t have enough food to last them 4 weeks in a recent study. So don’t become one of the statistics.

2) Store Clean Water.

You can survive without food for weeks, but without water you can perish quickly. Your body is made up of more than 80% water and some say it is the foundation to life. If the water is cut off to your home what is your plan? Make sure you are stocking water in case an emergency situation arises.

3) Store Sharp Tool.

Tools such as an axe are simple but effective when gathering firewood, and hunting. Without a sharp tool, you life can be very difficult. You will want to have this tool and a sharpener close by, especially if live in an area that experience power failures.

4) Keep Warm.

Store firewood, matches, lighters to help keep you and your family warm at night. If there was a true emergency situation, how can you light a fire without these tools. Also it is a good idea to store candles. They are extremely cheap and reliable if the electricity is somehow shut off.

5) Keep a radio handy.

In all major crisis’s you want to be able to look after your family right? So you will want to know what is going on in the outside world. If there is a major power failure how will you keep up to date. With a radio you are able to keep up to date with the latest news, and events.

6) Store toiletries.

Personal hygiene is a must in any situation, good or bad. Be sure to store plenty of toilet paper, shampoo, soap, toothbrushes, and other necessary products to get your through your daily hygiene rituals. We sometimes take these things for granted in our society. What would happen to you if one day all these items simply became unavailable?

7) Store Extra Gasoline.

This is a must in any situation, but especially if the economic situation gets worse. Inflation would creep in and send gas prices sky high, so stocking up on gas prices while they are cheap now will not hurt in the long run. Not only will you save money, but you will be well prepare if you have to move from one location to the other quickly, or need to travel somewhere urgently.

8) Make Good Friends With Neighbors.

Ever heard the saying two heads are better than one? Well you should get to know your neighbor yesterday. Forming small communities back in the great depression was how they each got by from day to day. For moral support and to help each other with food and water. This is a powerful way to get by hard times.

9) Have a Simple Backup Plan.

In today’s day and age, many people just simply rely on the government or other people. If the economy was to fail tomorrow these people would be in serious trouble. Have a failsafe backup plan for everything. If you rely on one system that is not designed for the conditions you are left with. You are bound to fail. Make sure you are ready today, and have several backup plans in case one of them systematically fails.