I'm looking for historical information on what life is like during and after a major economic crisisSubmitted by jitler23 on Mon, 09/15/2008 - 15:55
Today is 'Black Monday'. Lehman Bros. has just gone under and the speculation is that AIG is next (AIG was 8th largest corp. in the world, with over a trillion in assets). This on the tail of Bear Sterns and Fannie/Freddie. A well known financial expert has just said that 9,000 banks are expected to close this year.
Many of us have known for a long time that economic collapse is inevitable or, at the least, a depression like that of '29.
I'm a firm believer in learning the lessons of history. This country will not be the first or the last to face these sorts of problems, and to better prepare I'm looking to the experience of others.
I read a few online posts by a man in Argentina who was describing daily life just after their collapse. He wrote about the most important weapon (a reliable pistol) as a survival tool. Tips for buying/using gold and silver (he actually suggested getting gold rings). He wrote about the outdoor markets and the security there (it was eerily like the trading post in the tv show, Jericho). He wrote about bandits and home invasions and how to protect yourself.
This one blog was the only thing I ever found that was a firsthand account by a person who lived through a SHTF situation, and I'm looking for more. Anybody got anything?