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Showing posts from January, 2025

Warning! 7 Unexpected Consequences of an Economic Crisis

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www.whatfinger.com  is one of the most successful site's with the latest news! Other than the obvious consequences, what might we expect from a partial economic collapse? A total collapse of the economy would throw the nation into utter chaos. But what if we endure an economic depression, or a severe and long-lasting downturn? I think that some of the effects are not so obvious. 1. The college and university system will collapse As I explained in this previous post, the system of higher education is a house of cards. The cost of getting a college degree has risen sharply and steadily, while real income has remained relatively flat. The price rise is due to the easy availability of grants and loans for education. But with so many persons getting a college degree, its value in the marketplace has plummeted. Many college grads are out of work, or they are working in a job that does not require a degree. Eventually, this practice of paying more and more, for something that is worth les...

How the Value of Money Will Change After the Apocalypse (65.5% of Americans have begun to stockpile what they think they need in the event of a natural or political collapse.)

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www.whatfinger.com  is one of the most successful site's with the latest news! Famed French Microbiologist Louis Pasteur once said that “fortune favors the prepared mind”. When the topic of the apocalypse comes up, this quote definitely holds water. If you’re truly wise, you’ll endeavor to build self-sufficient homes, stock up on necessary supplies, and research on potential scenarios to find out what else you may need | 404. One of these scenarios often touches the topic of economics and finances. A common enough question that comes up for a lot of preppers is, what value will money hold when the world, as you know it, comes to an end? The Present Value of Money The value of the money or currency that you carry largely affects what you can purchase like groceries or gas. It affects what sort of preparations you can do to your homestead as well. In the world’s present state, money is both goods and a method of exchange that is heavily determined b...