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Showing posts with label tips for survival. Show all posts
Showing posts with label tips for survival. Show all posts

Sunday, June 19, 2011

20 Tips For Surviving Economic Meltdown

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Gaye Levy, Contributing Writer

As difficult as it may be to fathom, the current lousy economy may not be the worst case scenario. All I have to do is look around and be observant to see that there is a strong likelihood that another, more significant economic meltdown is imminent.

Why? Here are some of the reasons:

  • Continued lack of employment opportunities for those that are currently unemployed of underemployed
  • Freakish storms and other natural disasters affecting the viability of farmland resulting in increased food prices
  • Out of sight fuel costs affecting transportation and heating costs
  • Rising costs of healthcare
  • Devaluation of homes and real property
  • An increase is crimes against persons (knifings, murders, even road rage) indicate a barometer of frustration and malcontent among the populace
These are just a few indicators that an economic meltdown of horrific proportions could be on its way. (And since I am an economics knucklehead, I won’t get into the technical reasons having to do with the way monetary policies affect the economy. To me, the anecdotal and real-time experiences with real people are good enough).

Oh sure, there are pockets of economic growth here and there. But for the most part, I see and sense a feeling of helplessness and hopelessness when it comes to money and matters relating to the economy. As much as I hate to admit it, even I feel that the middle class life I have known most of my adult years will never be the same. Pretty depressing when you think about it.

What to do?

Jasper Roberts Consulting - Widget