If there is a world economic collapse, it’ll certainly hit the usa hard. Is there a safe haven? The fast answer is no, but you can cut back the impact if you take action in advance of the downfall.

Unfortunately there is no completely safe place on earth to avoid the results of a GEC but all things are relative. The key is to reduce risk. The United States is probably going to suffer more acute effects of a GEC than almost all of the rest of the world. There are a few reasons for this, but first off is that we have such a long way to fall. Americans enjoy a living standards that is the envy of the world. Another excuse is the quantity of debt already amassed and the need of the usa to continue to finance the enormous Yankee deficit by selling more debt internationally. In a GEC it will not be as straightforward for America to find purchasers for their debt as it is now. The present flood of foreign money flowing into the USA purchasing Yankee debt ( Treasury bonds and notes ) will dry up. Businesses will be hit hard as orders for their goods and services diminsh. Every world of the economy will feel the sting. It is probable to hit home and hit hard.

America has a pretty good social services safety net for those that are down on their luck, but when almost everybody is down on their luck all at the same time the system will experience stress like never previously. Whether or not the social services can keep up, continued govt spending with zip to back the money up will contribute to run-away inflation. It’s going to be tough to find a silver lining in the clouds of a GEC.

The rest of the world will also suffer, but where does the suffering be least felt? Nations that depend heavily on exports will suffer significantly. Countries that are self-sufficient and not dependent on exports will fare better.

The basic necessities of life are often considered food, clothing, and shelter. When folk are hard up for money they’re going to cut back on optional spending. People do not have to have new garments to survive. The expense of shelter may also be reduced out of prerequisite. Perhaps 2 or three families can live in one house or loft. Of the basics of life, food is the most constant prerequisite. There are those that say it might serve northern Americans well to cut back on a few meals, but in any case food is always at the top of the list of essentials.

It’s a safe bet to presume that food production, processing, and distribution will be the most stable sectors of the economy in the event of a GEC. Some of the agents between the producers and the buyers could need to worry a bit about keeping their place at the trough as times get hard, but folk have to eat no matter what. If you plan to stay in the center of the tiger and ride it out, your best bet would be to move your assets into some element of the food production-processing-distribution chain.

If you’re considering relocating to avoid being at ground-zero in the event of a GEC, then there are some places that may probably fare sufficiently well. Folk living in food exporting nations such as New Zealand won’t have to fret about food deficits in the event of a GEC. Unfortunately for the’Kiwis’ New Zealand isn’t self-sufficient in energy. There are many poorer nations that also produce a surplus of food. The poorer states and their people have a much shorter distance to fall, but poor nations tend to have correspondingly poor standard of living. The safe haven list starts to get really short when you look for a nation that is energy self-sufficient, has a good standard of living, has an economy not heavily reliant on exports and produces a surplus of agricultural products.

More on global events

Watch the video related to economic collapse

www.newamerica-now.blogspot.com With the exponential growth of debt and derivatives, a sovereign debt default could trigger economic shockwaves that would make the previous 2008-09 economic collapse look like the pre-shocks of a much larger earthquake. This video presents one possible scenario on how a dollar collapse would affect one family. To see Part 2 www.youtube.com Originally Downloaded from www.youtube.com Thank you endtheillusion for a well put together and necessary video to wake people up. I thought it was important to share this message.

Help answer the question about economic collapse

Why do the media say the GOP caused the economic collapse when McCain proposed legislation in 2005 to stop it?
Why does the media and Obama blame the GOP for the current financial crisis when John McCain warned of a pending economic collapse in 2005 and co-sponsored legislation to try to prevent it. However, the Democratic majority blocked the legislation. Additionally, the lending practices that have now resulted in banking meltdowns were started by the Clinton administration dictating where mortgage lenders could lend and creating a market for risky subprime loans.

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Brent Blackwell -
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Hi, Im Brent Blackwell… Hope you enjoy my articles…