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Plata Y Plomo.
The two things that the commoner can put back, besides food and water to ride out the turbulent times.
It is an investment strategy, but it is simple.
But the biggest thing that you can do to avoid trouble such as happened in the depression is to not be in debt.
Pay off the credit card, and everything else that you can. Most of us will still have a house payment but if that, food and utilities are the only expenses, you are more likely to come through unscathed.
Part of the problem back in the depression was that everyone was living on credit. Credit for the car, the new fangled fridge, for the radio, and so on. You lose funding and suddenly you can’t make the payments and lose everything.
Most of could survive a pay cut as long as we didn’t have the extra bills such as the newest iPhone, the second or third car, cable, etc.
Take that extra rifle and pay something off, sell those ‘collectibles’ and pay something off.
Use the credit card, but make a payment to cover it the next day. Why the CC? For the fraud protection.
