An economic collapse refers to a sudden and substantial drop in a country's economic activity, characterized by widespread bankruptcy, unemployment, and a decrease in the value of goods and services. Here are some steps you can take to prepare for an economic collapse:
While it's impossible to predict when an economic collapse might occur, taking these steps can help you better prepare for the potential impacts. Keep in mind that everyone's situation is unique, so it's important to assess your own risk tolerance and financial situation before taking any steps to prepare for an economic collapse.