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What Should I Do?

by Mat Stein

[NOTE: This article is adapted from When Disaster Strikes: A Comprehensive Guide for Emergency Planning and Crisis Survival]

Fire Statistics

The following statistics from the National Fire Protection Association (NFPA) are for fires in the USA in 2016:

  • there were 1,342,000 fires reported in the United States. These fires caused 3,390 civilian deaths, 14,650 civilian injuries, and $10.6 billion in property damage.     
  • 475,500 were structure fires, causing 2,950 civilian deaths, 12,775 civilian injuries, and $7.9 billion in property damage.    
  • 173,000 were vehicle fires, causing 280 civilian fire deaths, 1,075 civilian fire injuries, and $933 million in property damage.    
  • 662,500 were outside and other fires, causing 85 civilian fire deaths, 650 civilian fire injuries, and $1.4 billion in property damage.

In general, fires cause more loss of life and property in America than all natural disasters combined! Every year, fires are responsible for more loss of life, limb, and property in the USA than either hurricane Katrina or the destruction of the World Trade Center on 9/11!  Statistically speaking, the easiest and most cost effective way to reduce the chances that you, your home, or your family might suffer great loss in a future event, is to improve the fire safety of your home, and the fire awareness of your loved ones.

Home Fire-Safe Checklist
by Mat Stein

[NOTE: This article is adapted from When Disaster Strikes: A Comprehensive Guide for Emergency Planning and Crisis Survival]

Fire Statistics

The following statistics from the National Fire Protection Association (NFPA) are for fires in the USA in 2016:

  • there were 1,342,000 fires reported in the United States. These fires caused 3,390 civilian deaths, 14,650 civilian injuries, and $10.6 billion in property damage.     
  • 475,500 were structure fires, causing 2,950 civilian deaths, 12,775 civilian injuries, and $7.9 billion in property damage.    
  • 173,000 were vehicle fires, causing 280 civilian fire deaths, 1,075 civilian fire injuries, and $933 million in property damage.    
  • 662,500 were outside and other fires, causing 85 civilian fire deaths, 650 civilian fire injuries, and $1.4 billion in property damage.

In general, fires cause more loss of life and property in America than all natural disasters combined! Every year, fires are responsible for more loss of life, limb, and property in the USA than either hurricane Katrina or the destruction of the World Trade Center on 9/11!  Statistically speaking, the easiest and most cost effective way to reduce the chances that you, your home, or your family might suffer great loss in a future event, is to improve the fire safety of your home, and the fire awareness of your loved ones.

by FerFAL

We bring back to the forefront an article from contributor Fernando "FerFAL" Aguirre. With the many new sources of turbulence in the financial system and many new unknowns of how our predicaments will play out, we can always look to the past for guidance. The following is an account from a long time Peak Prosperity member who has lived through economic collapse. FerFAL experienced the hyperinflationary destruction of Argentina's economy in 2001 and continues to blog about his experiences and observations of its lingering aftermath. His website and his book Surviving the Economic Collapse offer windows into the probable outcomes to expect during a collapsing economy. Note: Our site's What Should I Do? Guide offers specific guidance relevant to a number of the steps FerFAL recommends below. Review, Learn, and Get Prepared.  Better a year early than a day late. 

How can I prepare for an economic collapse? is one of the most common questions I get. It usually takes me a second to start to explain how complex such a question is. It’s like asking an auto mechanic, Say, how do you build a car? or asking a computer engineer, What’s all that stuff inside my laptop?

I do have some first-hand experience in this matter, though. The economy in my country, Argentina, has gone through various crises, but none as large as when the economy collapsed in 2001 after a decade of apparent prosperity. The currency devaluated, and Argentina defaulted on its USD$132 billion debt, the largest default ever. The middle class took to the streets after bank accounts were frozen, and the president was forced to resign, escaping the presidential building in a helicopter.

What I’ll do is provide five quick foundational steps, based on what I know, for you to follow so as to be better prepared if something like what happened in my country ever happens in yours.

 

Preparing for Economic Collapse
by FerFAL

We bring back to the forefront an article from contributor Fernando "FerFAL" Aguirre. With the many new sources of turbulence in the financial system and many new unknowns of how our predicaments will play out, we can always look to the past for guidance. The following is an account from a long time Peak Prosperity member who has lived through economic collapse. FerFAL experienced the hyperinflationary destruction of Argentina's economy in 2001 and continues to blog about his experiences and observations of its lingering aftermath. His website and his book Surviving the Economic Collapse offer windows into the probable outcomes to expect during a collapsing economy. Note: Our site's What Should I Do? Guide offers specific guidance relevant to a number of the steps FerFAL recommends below. Review, Learn, and Get Prepared.  Better a year early than a day late. 

How can I prepare for an economic collapse? is one of the most common questions I get. It usually takes me a second to start to explain how complex such a question is. It’s like asking an auto mechanic, Say, how do you build a car? or asking a computer engineer, What’s all that stuff inside my laptop?

I do have some first-hand experience in this matter, though. The economy in my country, Argentina, has gone through various crises, but none as large as when the economy collapsed in 2001 after a decade of apparent prosperity. The currency devaluated, and Argentina defaulted on its USD$132 billion debt, the largest default ever. The middle class took to the streets after bank accounts were frozen, and the president was forced to resign, escaping the presidential building in a helicopter.

What I’ll do is provide five quick foundational steps, based on what I know, for you to follow so as to be better prepared if something like what happened in my country ever happens in yours.

 

by Amanda Witman

For many of my neighbors and friends, as well as myself, the “economic downturn” has crunched budgets that were tight to begin with. There are empty storefronts. Lots of people are unemployed or under-employed. Many people have more time on their hands than they have money.  Taxes and fuel prices are rising, while wages stagnate.  It's hard for many families to make ends meet.  It's not just my community; it's happening all over the U.S. and in other areas of the world.

With the long-term value of the dollar uncertain and many people’s incomes shrinking relative to the cost of goods and services, alternative currency systems are being proposed in some areas. Some are even currently viable in certain communities. In Brattleboro, Vermont, where I live, there is still no alternative currency in use, although I am aware that certain community members have met over the years to see about getting one going.

Instead, just two years ago, the Time Trade (also known as “time banking”) came to our town, and although it is not a currency per se, it has been very successful in enabling people get for “free” what they would previously have paid for in cash. It has also fostered community among members, many of whom share concerns about the general health of our community and the erosion of social connection in recent years.

The basic premise of time banking, put forth by Edgar Cahn over twenty years ago, is simple: One hour of one person’s time is worth one hour of any other person’s time. Period. No matter what we do with that time, an hour is an hour.

Time Banking
by Amanda Witman

For many of my neighbors and friends, as well as myself, the “economic downturn” has crunched budgets that were tight to begin with. There are empty storefronts. Lots of people are unemployed or under-employed. Many people have more time on their hands than they have money.  Taxes and fuel prices are rising, while wages stagnate.  It's hard for many families to make ends meet.  It's not just my community; it's happening all over the U.S. and in other areas of the world.

With the long-term value of the dollar uncertain and many people’s incomes shrinking relative to the cost of goods and services, alternative currency systems are being proposed in some areas. Some are even currently viable in certain communities. In Brattleboro, Vermont, where I live, there is still no alternative currency in use, although I am aware that certain community members have met over the years to see about getting one going.

Instead, just two years ago, the Time Trade (also known as “time banking”) came to our town, and although it is not a currency per se, it has been very successful in enabling people get for “free” what they would previously have paid for in cash. It has also fostered community among members, many of whom share concerns about the general health of our community and the erosion of social connection in recent years.

The basic premise of time banking, put forth by Edgar Cahn over twenty years ago, is simple: One hour of one person’s time is worth one hour of any other person’s time. Period. No matter what we do with that time, an hour is an hour.

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