Just asking if theres anything you can do to prepare yourself.
2007-11-18 21:21:16 · 5 answers · asked by Anonymous in Social Science ➔ Economics
People with safe liquid assets do best during depressions. Unless you are expecting the collapse of civilization, stocking up on survival gear is not the way to go.
Edit: since the job market is really bad in recessions , you should not plan to look for a job. Most people who already have a job do OK.
2007-11-18 21:54:40 · answer #1 · answered by meg 7 · 0⤊ 0⤋
Save up on valuable things: Electric generator, Water purifier (with cleanable filter), Weapons for self-defense and possible offense. Canned and dry foods, Trade-able items IE (Blankets, Batteries, Plastic bottles for water). Learn a craftsmenship. -- kinda of end of the world things. But still useful when the economy collapses and money has little value.
2007-11-19 05:27:41 · answer #2 · answered by Nick 5 · 0⤊ 0⤋
Run To Somewhere Else!
IDunnoImOnly15
2007-11-19 05:26:01 · answer #3 · answered by lady pie 2 · 0⤊ 0⤋
get tooled up
2007-11-19 05:32:48 · answer #4 · answered by Bob S 2 · 0⤊ 0⤋
duck and cover
2007-11-19 05:23:08 · answer #5 · answered by Anonymous · 0⤊ 0⤋