We are inching ever closer to the mother of all economic depressions and its effects are about to cause an unprecedented amount of turbulence, chaos and despair in our modern society. The horror stories of the Great Depression of the 1930s are about to repeat themselves. Most preppers have that grim era burned into their minds as a stark reminder of how quickly things can go wrong, even in the richest country in the world. And today, global events are accelerating rapidly and things are spiraling out of control at an alarming rate in the United States.
For decades, preppers had the Great Depression as a motivation and reminder to prepare for dark times even before things started going bad. But the truth is, this is the scenario we should all be preparing for. Recently, a number of economists, financial analysts and market watchers have warned that another Great Depression is coming that will return us to an era of poverty, hunger and distress that will likely begin later this year. Last year, when the healthcare crisis hit the U.S., the economy fell into a deep recession in a matter of days. More than 700,000 jobless claims were filed in a few months and U.S. GDP fell 31.4% in the second quarter, the deepest and fastest collapse ever recorded.
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