Doesn’t it seem strange that America and other countries are so dependent on the dollar bill, gold, silver, and other precious metals? In all actuality, what purpose does gold really serve? Some people make the argument that we could totally do without gold, that it isnt an important part of American life, and that it should be done away with. This argument holds some modicum of truth, and we should be listening in the back of our minds to the little voice that says, This doesn’t make any sense!
The Great Depression Americas First Real Taste Of Economic Collapse
A severe economic depression has happened before in the United States. It was dubbed The Great Depression, and happened when the stock market crashed on September 4th, 1929. The day the stock market crashed was also known as Black Tuesday. During the Great Depression, international trade took a frightening nose dive by a mind boggling 50%. In the U.S. alone, unemployment rates rose to an all time high of 25%. And thats not all: Other countries dependent on the United States experienced an unemployment rate of 33% or higher.
One things for sure. The Great Depression was one of the most devastating economic events the United States has ever experienced. People should understand that anytime theres a flawed way of conducting business, there’s a possibility that things can go haywire and self-destruct. The economy is no different. Obviously, the economy is setup to function effectively, but its far from perfect. The next economic collapse could happen, for example, because things we used to value, we don;t value as much anymore. Its just an example scenario, but it really could happen!
Other Countries Were Majorly Effected By The Great Depression Too!
And it wasn’t just the U.S.A. that was affected by the Great Depression. Because of American involvement in overseas industries, trade, and business, overseas countries also felt the impact of what could have been a total meltdown and full economic collapse. While it went on during the 1930s and lasted for only a few short years, the impact it had on the many lives around the world was devastating. People lost their homes, jobs, and livelihood.
Are you prepared for a complete economic downfall? Having a few years worth of survival supplies isnt just a good idea, it could save your life! Think of the health and safety of your family. We all need to do our part to ensure our safety during hard times that may arise because the economy fails, or maybe something even worse!
While The Cats Away The Mice Will Play!
We as an American people always fall into the habit of downplaying possible emergency scenarios, and we don’t even pay them any mind. They get dismissed as hogwash or extremist nonsense and get forgotten about. But, with the history of American people getting into serious trouble, such as with deadly outbreaks of contagious disease, World War I and II, The Great Depression, and other notable disasters, it makes all the sense in the world to be PREPARED for any catastrophe that could occur in the future!
Make the decision for your family to plan for their safety and be prepared for emergency situations!