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<p>[QUOTE=&quot;Smitty, post: 1388502, member: 35044&quot;]This won&#039;t be like Mad Max. You&#039;d first take your gold and &quot;cash&quot; it in for dollars. You wouldn&#039;t take it to the store. Zimbabwe, Weimar Republic, Argentina, all kept their currency or exchanged it for other currency. Wal-Mart isn&#039;t suddenly going to start accepting gold. We&#039;re not going back to the Dark Ages.</p><p><br /></p><p>IMO, the first thing people should do to prepare for economic collapse is keep some cash at home and a couple of weeks of food and water, because the first thing that happens is the banks close, the ATMs run dry and there&#039;s a run on the food stores. Last year, Latvia didn&#039;t even have an economic collapse, but still had a panic rumored to be fueled by social media that caused a run on the banks and drained the ATMs. You&#039;re not going to be able to outrun Twitter or Facebook.</p><p><br /></p><p>A good first-hand account of what happened in Argentina in 2001 is the book The Modern Survival Manual by Fernando Ferfal. I read it because I wanted to know what happens in a &quot;modern&quot; economic collapse. The difference is, ours may be worse because we&#039;re too big for anyone to rescue.[/QUOTE]</p><p><br /></p>

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