The threat of a second economic crash or runaway inflation are both very real in today’s economy. In the event that America were to enter into a full on Depression would you be prepared? Billions spent on Wall-Street bailouts, trillions spent on government spending and endless wars. With tax revenue at an all time low and unemployment rising ever higher. You should only ask yourself one question. How much longer can we continue to print and spend money that we do not have?

Have you prepared yourself for a run on the banks or a bank holiday? Are you prepared for a complete dollar collapse? If you live in a densely populated area, have you prepared your family for massive social unrest? Never wait for tomorrow, to do what could be done today. For one day tomorrow may not come. The money you spent on the extra pair of jeans or the round of drinks for you and your friends could have been tucked away instead or spent obtaining essential supplies and food in case of an emergency.

You don’t have to be a market expert to see the warning signs. There is a feeling that something is going on around us in the air. Whether I’m at to the market or the office it seems as if everyone is talking about the same things. As if something is coming just over the horizon, but nobody knows what it is or when it will be here. Only a fool would ignore signs of clear and present danger. So what can you do to prepare yourself?

There are many things a person needs to survive.

However the most important is food.

Every household should have a 6 month to 1 year supply of food on hand in case of emergency. This preparation is also the most obvious and the best way to invest your money. Having a supply of storable food for you and your family will give you peace of mind no matter what events take place. Nearly every city in the United States faces some kind of danger on a seasonal basis. Every living person has at some time come face to face with flood, drought, fire, tornado, hurricane , or blizzard and when there is an emergency its always possible to make it to the grocery store to stock up before it hits. If you do manage to get there, will you be able beat the masses of other un-prepared people?

Due to our nations leaders love of the printing press, our country now faces the spectre of runaway inflation similar to what has been seen in other places such as Zimbabwe and the Weimar republic. In this situation the cost of food and commodities will climb higher and higher until almost completely out of reach for the average person. Having a 1 year supply of food in this environment beforehand would be the best investment you could make.

The best thing about investing in food, if these events never come to pass, then you have not lost anything. You can simply eat the food. The cost of food one year from today will 100% guaranteed be more expensive. So you will have saved money. Money saved is money earned.

Tips for Stocking Up:

• 1. You want food that is going to do well in storage.
  Dry foods, Rice, Beans, Canned Foods, Nutrition Bars, Powders, Freeze Dried.
• 2. Rather than only having one thing to get by on, its better to have a variety.
  Remember you could be eating this for up to an entire year.
• 3. Buy things that you would normally eat.
  One way or another you will eventually be eating it.
• 4. Rotate your food stores into your everyday food
  This way you ensure that what you have will be fresh and not expired

Contine to Part 2: Finances

In March 2008 Harry Dent predicts the coming depression in America.

Once every 80 years there is a shakeout or a depression, followed by a boom or a bubble. In the early 1900′s we saw tech stocks and bubbles, almost exactly like we see today. The last greatest bubble peaked in 1929 and we then had the biggest crash in the early 1930′s.

We’re seeing that exact same kind of thing happening today. Unlike any other cycle, this is a long term crisis not a short term crisis. and it is a deflationary one, even though inflation will be the theme as we recover. As we recover into 2009 when we finally trigger a collapse it will be the implosion of the banking system like we are already seeing the beginning of. It will contract credit, it will contract money, and will actually cause DEFLATION and that means the prices of everything will fall.

The way to survive this is to sell off unnecessary assets in your business, in your home, real estate, and certainly your stocks. Don’t sell them right away, wait for stocks to rebound in 2009, probably in mid 2009 then start selling, wait for real estate to bottom out and then start selling what you need to sell.

This is the one time your life when you should hold cash and be patient and you will be able to pick up lots of good deals and assets as everyone else is losing them.

The worst of the housing crash will probably happen between 2011 and 2013, the worst of the stock crash will happen in late 2010 to mid 2012

“We think the DOW could go to 3800 that is the 1994 low or 7200 at best that is the 2002 low.”

60% of Americans think we are heading into the next great depression right now. That is wrong, we will get this reprieve first, and then by mid to late 2009 people will start to think the government did the right thing and the recession is over.

Imagine a tsunami, and you are seeing the ocean pull back right now, you don’t know whats coming, but you’re about to get hit with a massive wall of water.

We know something is wrong, but most people do not know that we are going to see the biggest worst downturn in our entire lifetime.

If you’re not prepared its going to be very very painful.