RE: Moneyweek article, The end of Britain, Economic collapse
The article is a little shaky I feel - it is little more than a blueprint for how a financial collapse might happen - I would expect the same from a GCSE Business Studies essay. It offers no time frame, it offers no trigger point and comes across as exactly what it is and can be seen in hundreds of other places on the internet - an advert to get you to sign up to something.
Now, here are my three tips to protect yourself in the even of an economic collapse:
1. Buy a farm or large small holding where you can grow the majority of you own food, cut enough firewood for fuel for the home and stick on some renewables and get a large battery bank.
2. Build a barn around three full sized shipping containers - one full of canned goods, one full of clothing and one full of toiletries, hygiene items and first aid supplies.
3. Ensure you have means to defend yourself legally.
As for precious metals, if the situation plays out as in the article, it is quite clear the Govt would control the monetisation of the metals - making them worth what ever the Govt deems. You can bet you hat the Govt will value them lower in country than they are worth out country so the Govt can make a profit on their trade - that is unless you find yourself in the unlikely scenario of being able to trade with some Ragnar Danneskjöld type chap.
They have their place for dealing with certain situations such as GTFO during war or civil disorder or as a base of trade in situations WROL, but I would rather have a steel knife then than a silver one...
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