In my last article, I tried to establish the relationship between the economy and SHTF and provide some insights on some implications that institutions and other factors have in determining the outcome of collapses (economic or otherwise). Now let's talk about the practical matters of the looming economic SHTF.

It's time to see more about what's coming and how to prepare for it. 

Nothing has happened yet. Why should I worry?

I know many people are tired of hearing the economy will crash, and we'll suffer the consequences for years to come. I get mocked all the time for continually talking about a reckoning of epic proportions. "For more than a decade, yet nothing has happened," I keep hearing. 

And my reply to that? "Wrong!"

First, a lot has happened: the 2008 GFC was the most severe financial crisis since the Great Depression. Millions got wiped. We can still feel reflexes of it today. Second (and perhaps the most important): the situation of the worldwide economy has deteriorated significantly since then. 

Some people must wake the f*ck up and smell the coffee.

According to Bloomberg, reports estimate global debt at $281 trillion. And that's by the end of 2020. Notwithstanding the possibility of underestimation, that's already more than 350% of global GDP. Wait, there's more: last year, the Federal Reserve printed 40% of all USD currently in circulation. Ouch.