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Tuesday, April 11, 2023

RECESSION IS EXPECTED – HERE & GLOBALLY; How to Fight Back

 

 

Poor Man Survival

Self Reliance tools for independent minded people…

www.poormansurvivor.net

ISSN 2161-5543

A Digest of Urban Survival Resources

 


 

A RECESSION IS WIDELY EXPECTED – HERE & GLOBALLY

A recession is widely defined as a decline of the economy; particularly in the Gross Domestic Product (GDP), employment and trade. In order to be classified as a true recession, the decline must last for at least six to twelve months. Some economists argue that we are already in a national, (if not quickly approaching a global) recession. The actual term is an economic term, but the effects are felt by everyone. If you yourself have not begun to feel the effects of the current downturn, you surely know someone who has.

The best way to prepare for a recession and the effects it can have on your situation, is to take a multi-pronged approach. Realize that you could take hits from this economy in different areas of your life. Take stock of each area and determine the likelihood that the recession could cause trouble there, then prepare yourself accordingly. Below are some tips.

Job loss

One of the most critical and likely ways the recession could distress your financial circumstances is losing your job. Thousands of Americans have already lost their jobs, and unemployment is at an all-time high. If you start preparing now for the possibility of having to replace your source of income, you will have the upper hand on the competition (who may or may not also be prepared). Update your resume and polish off a base cover letter to edit and use for each opportunity you come across. Be more active in your networking circle, and start talking about your achievements or positive accomplishments you’ve made at work. Also, be open-minded and consider what alternative career paths or ways of making money. Be creative. Don’t forget to try to put extra money into savings while you do still have a steady income. This can help stretch the limited dollars that unemployment benefits will pay you.

More at:

http://earlking56.family.blog/2023/04/06/a-recession-is-widely-expected-the-economists-argue-that-we-are-already-in-a-national-if-not-quickly-approaching-a-global-recession/


ED NOTE:  Many argue our best days are gone, Biden has ceded the world to China-I HAVE sounded the alarm for years about the ChiComs…few listen.

Does it seem like the wheels are falling off?

Every headline brings more bad news about another crisis.

It’s not going to stop. This is just the beginning.

The time to become self-reliant is right now!

 

Assume crash positions - so many things are headed for implosion

We are watching a convergence of events that threaten us so many ways: Money and finance, food, energy, culture and even World War III.

New information has come to light revealing how the collapse of these systems is deliberate and malicious.

In today's feature podcast, I offer a frank discussion of how all these systems are being brought down through engineered collapse... and what you can do to protect yourself in every way possible.

Get the full podcast here.

 

The biggest threat to your family’s safety and America’s National Security are Devious Dems

 

 SIDEBAR

 


According to financial experts, we're facing a credit crunch, which is a sudden decrease in the availability of credit from banks and other financial institutions. A credit crunch can also make borrowing more expensive.

A credit crunch likely won't prevent you from borrowing if you have good to excellent credit and a stable income. But some folks may find it harder to get a credit card, car loan or other consumer loans if needed.

If you want to learn more about how a credit crunch may impact your ability to borrow, read this Business Insider article. An article from CNBC you may want to read explains some steps you should take to prepare your finances for a credit crunch.


Frugal Living Ideas from The Great Depression and WWII

Do you need to make things go a little further? These frugal living lessons from past financially tough times can help you make things go a bit further and prepare for uncertain times.

Poll: 73% Concerned By Shrinkflation





The price of residential electricity spiked more than 10% in 2022, and the U.S. Energy Information Administration expects prices to continue their upward march, increasing another 3.5 percent through next year…thanks to Biden short sighted energy policies.

Sky-high energy bills hurting good Americans

And blackouts affecting every corner of our nation.

You’re taking steps to save both energy and money. Could you be fooling yourself that you’re saving either with your efforts? We explore common energy-saving practices that likely aren’t saving you anything at all.

 7 Energy-Saving Practices That Don't Save Energy

 

10 Things You MUST Immediately Do When SHTF

90% of 9/11 victims failed to do step #3...

 

Which might have saved their life. If they’d thought ahead.

 

And seen this list...

 

Before it was too late.

 

Click Here to Discover ‘10 Things You MUST Immediately Do When SHTF’ <<

 

 


15 Best Canned Foods To Stockpile*

I want to start off by pointing out that you're better off canning and/or dehydrating fruits, meats, and vegetables. Foods preserved at home are cheaper and healthier than store-bought canned foods.

Having said that, if you're new to prepping and don't know much about food preservation, or if you're just looking to add more variety to your food stockpile, canned foods are an excellent option because they're very easy to store and they have a very long shelf life, sometimes lasting for decades.

But which canned foods should you store? Here's our list of recommendations...

15 Best Canned Foods To Stockpile


You may also like...

How to Build a 30-Day Food Supply

*We keep a two-year supply of mostly dehydrated food on hand; some canned goods [which are much heavier]…and we find that many citizens do not plan ahead for emergencies as they figure an extra case of beer & TP will be enough until FEMA comes to their rescue

 

15 Types of Groceries That Can Keep for Years

These are some of the longest-lasting foods you can buy.

 

A System for Cutting the Grocery Bill With Specials and BOGOs

I keep a grocery price book. I also put about $30 a month aside out of my food budget and use it only for specials and BOGOs. I then put that "special" or "BOGO" into our menu for the week, which lowers my total food bill for the current month. Any extra in my total grocery budget left at the end of the month is added to the "specials" envelope. Anything left in the "specials" envelope stays. Next month, I'll add another $30.

Find out how an old-school grocery price book could save you hundreds.

 

How to Grow Anything: Your Best Garden & Landscape DVD-Great Courses+Bonus

Declare your food independence!

Our food supply chain has repeatedly proven how fragile it is. Find freedom from the unstable food supply!

 https://www.ebay.com/itm/255995911268

 


Why do you need an emergency radio?

 

·         . Just 60 seconds of hand cranking provides more than 45 minutes of radio

Radios: Having a couple small, portable radios on hand is going to be a must. If there’s a disaster, you’ll need to listen to the radio to get news about what is happening around you….grab a TacRight Emergency Radio:

https://www.ebay.com/itm/185665101473

 


4Patriots Patriot Power Cell Solar Phone Charger

USE THIS solar gadget to survive an emergency! 

In 2022 alone there have been over 70 attacks on the power grid with reports of six in Florida, five in Oregon and Washington.

And according to national security experts, this trend is only going to continue.

As America's power grid comes under increasing attack and/or disruption…

THIS is your lifeline in a crisis.

It's peace of mind that you can...

·         Call family and friends in an emergency

·         Signal for help from first responders

·         Stay connected to critical weather updates

 

·         https://www.bonanza.com/listings/4Patriots-Patriot-Power-Cell-Solar-Phone-Charger/1419398891

 

 

Free enterprise, limited government, individual freedom!

 

Contributors and subscribers enable the Poor Man Survivor to post 150+ free essays annually. It is for this reason they are Heroes and Heroines of New Media. Without your financial support, the free content would disappear for the simple reason that I cannot keep body and soul together on my meager book sales & ecommerce alone.

You Can’t Buy Life Insurance After You’re Dead

Not Prepared? 

That's Bad News...

 

 


You Can’t Buy Life Insurance After You’re Dead-Prepare NOW for Emergencies…

 

Support our efforts by shopping my storefront…

http://RetroGuy.net

 

 

 


 

A Smoking Frog Feature, Shallow Planet Production

 

 

 

 

4 comments:

Brad said...

Always a good, useful read. I agree-the future isn't looking very good. Glad we've prepped for a long time now.

Rona said...

It's getting tougher to fight bidenflation-even gas has gone up again!

Caleb said...

Everything we read seems to indicate a recession. Happening in all parts of the nation except in pockets of affluence.

Cathy said...

The spending spree is screeching to a halt as Biden bucks from COVID have run out-Americans blew through all the handouts in record time.