Things aren’t looking good. While the rich are doing better than ever, life for everyday Americans continues to get more and more difficult. Grocery store prices are up, health insurance premiums are rising, and jobs are hard to find.
Meanwhile, the only economic growth is coming from AI, which has turned into a massive stock market bubble that could pop any day. When that happens, we could find ourself in the midst of a second Great Depression.
If that happened, how prepared would you be? Would you have the things you need to cook from scratch and repair things that break? Or possibly make your own stuff?
Below, you’ll find a list of things you want to have before the second Great Depression begins. How many of them do you have, and how many do you still need?
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1. Bicycle and Basic Bike Repair Kit
When gas gets expensive and vehicles become too costly to maintain, a bicycle can be the difference between having a job and being stuck. Get a sturdy bike and a bicycle repair kit with a pump, spare tubes, and tire patches. It’s quiet, efficient, and doesn’t need fuel.
2. Campfire Grate
A campfire grate can be used to set up over a cooking fire. You can then set cast iron skillets, pots, and pans over the top of it. Make sure the grate is solid and durable.
3. Canvas, Denim and Cotton Fabric
These items will be extremely useful for building clothing, blankets, sleeping bags, and so on. Many clothing stores are likely to go out of business, so if you can stock up on these items now, it could be to your benefit.
4. Cast Iron Skillet
A cast-iron skillet should be a part of any prepper’s supplies. While anybody has pots or pans, most of the modern ones are not durable and can break easily. Cast iron skillets are the best choices for cooking over an open flame.
5. Fishing Traps
Buy fishing cage traps that you can set up in a creek or river, with the opening against a running flow of water. The idea is that fish will travel into the traps where you can catch them.
6. Fixed Blade Knife
Go with a fixed blade knife with a sheath and a full tang, meaning that the blade continues down into the grip so it’s more durable.
7. Hand Tools and Hardware
During a Great Depression, you won’t “just replace it.” You’ll fix it. Get a solid set of hand tools (wrenches, screwdrivers, pliers, a hand drill) and stock up on nails, screws, bolts, washers, wire, and assorted fasteners. These are cheap now and priceless later.
8. Hunting and Fishing Supplies
Food is going to become one of the most sought after resources during a pandemic. This is why it’s critical to learn how to hunt and fish, and to have the proper supplies for it as well.
9. Knowledge
Read a lot of books, take courses, watch YouTube videos, and so on. A dollar that you spend on knowledge can pay huge dividends in the future, so learn about survival and disaster preparedness skills in your spare time. (And more importantly, practice them.)
10. Land
By far the most valuable asset you can have during an economic depression or recession is land. The reason is simple: land is something that everybody understands the value of because we need it to live.
11. Leather Gloves
Leather work gloves will be a lifesaver for many. Have many in your possession. You can use them while working, foraging for food, and building.
12. Lighting and Rechargeable Power
When budgets are tight, people delay repairs and outages become more common. Stock up on LED lanterns, headlamps, rechargeable batteries, and a small solar charger or hand-crank power bank. Being able to light your home and keep devices running is a huge quality-of-life advantage.
13. Medication
Pharmaceutical companies can become very unreliable during a crisis, so stocking up on the medicine you need is crucial. Ask your doctor to provide you with a prescription that will allow you to buy prescription meds in bulk.
14. Money and Precious Metals
When banks fail, paper money will become worthless. Society will turn to other forms of currency. Precious metals are a fine example of something that is known as a good hedge against inflation.
15. Personal Defense Items
Firearms, ammunition, bows, knives, pepper spray, batons, and so on. It will be nearly impossible to purchase firearms and ammunition during a disaster. Take advantage of the time now to stock up on your gun and ammo supply.
16. Pressure Canner and Canning Supplies
A pressure canner lets you preserve meat, vegetables, and complete meals so food doesn’t go to waste. Stock up on jars, lids, rings, and basic canning tools now, because these items disappear fast when people get nervous.
17. Readers and Eyeglasses Repair Kit
Remember, you likely won’t be able to go get new eyeglasses or get them repaired in a disaster. Stock up on eyeglasses repair kits and cheap reader glasses that could help get by.
18. Seeds
Seeds are a critical item for growing food and for bartering. Buy seeds in bulk from all kinds of different plants and crops. Keep them vacuum-sealed in an oxygen-free environment.
19. Sewing Kit
Just like you need to buy canvas and cotton fabric, you should also buy a sewing kit to go along with it. Go with threads that are more durable and have more utility.
20. Silver and Copper Coins
Gold will be the most valuable precious metals, but silver and copper coins are a good secondary option as well. Silver coins can be purchased at around $25 each but could increase in value significantly if the economy collapses.
21. Soap, Detergent, and Hygiene Supplies
Cleanliness becomes a survival issue when money is tight and healthcare is hard to access. Bar soap, laundry detergent, disinfectants, toothpaste, feminine hygiene products, and even basic bleach are all items that can keep sickness from spreading, and they’re excellent barter goods.
22. Staple Foods (In Bulk)
This is the second most important thing to have in your prepper supply, with water being the first. In 2020, we saw massive disruptions to our food supplies. If there is a time to buy bulk staple foods, that time is now.
23. Survival Items (Miscellaneous)
Knives, fishing lines, compasses, emergency blankets, first aid kits, hiking boots, paracord, carabiners, water filters… You get the idea.
As I said, the above is merely a summary. To learn more info on these items, watch the video below.
24. Wood Processing Equipment
Axes, long axes, hatchets, and wood saws are cheap and durable and vital for processing wood for heat, safety, and security.
25. Water Filter
Go with a big family water filter that can filter through thousands of gallons before needing to be replaced.
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