How To Prepare for The Economic Collapse

Today’s show will give you step by step tools that will help you & your family survive during an Economic Collapse here in America. These few steps if in place early can save you a lot of heartache, stress and pain from what is coming. I believe that God gives us warning before destruction and just as God provided and protected Israel in the wilderness, God will do the same for us. ___________ A cold war is a state of conflict between nations that does not involve direct military action but is pursued primarily through economic and political actions, propaganda, acts of espionage or proxy wars waged by surrogates. This term is most commonly used to refer to the Soviet–American Cold War of 1947–1991. What is hyperinflation in economics? Hyperinflation is a term to describe rapid, excessive, and out-of-control general price increases in an economy. While inflation is a measure of the pace of rising prices for goods and services, hyperinflation is rapidly rising inflation, typically measuring more than 50% per month. Why is hyperinflation bad for the economy? Hyperinflation erodes the value of currency and can render it worthless. The effect on a nation's economy is substantial. It saps tax revenues, shutters businesses, raises the unemployment rate, and drives the cost of living so high that political instability ensues. A recession occurs when there are two or more consecutive quarters of negative economic growth, as measured by gross domestic product (GDP) or other indicators of macroeconomic performance including unemployment. In economics, a depression is commonly defined as an extreme recession that lasts three or more years or which leads to a decline in real gross domestic product (GDP) of at least 10%.