What happens when the system collapses?

When that moment comes it’s going to get very real for all of us.

The first thing that will happen is banks will shut down. That means checks, credit and debit cards will no longer work. Did you know over 95% of all economic activity today is electronic? And to make matters worse, banks only have 2% of checking and savings deposits in cash on hand. The rest are just numbers in computers.

So what’s going to happen when computers can’t move money?

• The moment credit/debit cards and checks are no longer usable, panic will set in. Banks will be flooded with people wanting cash. The banks will be forced to close as long lines of angry depositors start demanding their money.
• If the store can’t process sales, even good people will take goods to survive. Shelves will be stripped bare by looters, gas will become unavailable, and businesses will shut down.
• It won’t take long before the looting and violence spills over into communities and neighborhoods. (And don’t kid yourself, even in the calmest section of suburbia crime will skyrocket).

Where are the police?

• Well, it’s a very thin blue line these days. There are 700,000 law enforcement officers in America. That doesn’t sound too bad, until you find out that there are 1.4 million well-armed and organized gang members, and another 18 million convicted felons. And we all know that with the current attitude toward law enforcement, LEO’s often try to avoid conflict.
• Members of law enforcement will be panicking like everyone else. The chain of command will quickly break down while the ranks rapidly dwindle as officers’ head home to protect their families. Now the streets will belong to the gangs and thugs, and they will seize the opportunity to take whatever they can, at whatever cost, and their numbers will be growing rapidly.
• It won’t take long to deteriorate into an ‘everyone for themselves’ mentality as the Haves become targets of the Have-nots. The number of Have-not’s will be huge, because it won’t be about what’s in your bank account – it will be about how much food, water, and cash on hand you have.

The Scary part

• The average American household has about three days of food on hand. That’s right. We’re nine meals away from hunger and starvation. With today’s just-in-time supply chain broken, and stores closed across America, neighbors will first seek help and support from other folk, but will quickly turn on each other as food supplies run out.
• Living in a metropolitan area, where 80% of us live, will be particularly hard and dangerous as food and drinkable water becomes increasingly scarce. Where will you go for meal ten?

When would order be restored? Think about this – Hurricane Katrina only hit one major city – New Orleans, and even with martial law and shoot to kill orders declared, the looting and violence continued unabated for weeks. Federal, state, and local governments had days to prepare, and they could not stop what happened.

In a nationwide panic, governments at all levels will be panicking as well. You will have to be in charge of your own future, so preparing for this probable event will give you higher odds of coming through to the other side without harm, with assets, and a chance to grow wealth when the dust settles.

Can’t stress this enough, it can happen anytime. We could be in a full blown panic tomorrow, next week, or in a month. In the case of EMP or Cyber Attack on our electrical grids it will be like flipping a light switch, literally.

How Come So Few are Preparing for This?

Well, it’s called the Normalcy Bias, – a cognitive bias which leads people to disbelieve or minimize threat warnings.

The Normalcy Bias often results in situations where people fail to prepare for a likely and impending disaster. Normalcy Bias leads people to minimize both the possibility of a catastrophe actually happening, as well as its possible consequences to their health and safety. Like an infant with a security blanket we cling to our habitual, repetitive, and normal way of life, despite overwhelming proof that serious danger lies ahead.

Overcoming the natural tendency to believe nothing bad will happen even when indicators overwhelmingly show otherwise will be the key to a safe future. Understanding and accepting that a global financial crisis is coming means that you’re in the mindset to make preparations for it to ensure the safety of you and your loved ones.