Oooops it collapsed!

!Do not worry nothing has collapsed, just imagining : This was to draw your attention



This is human tendency to predict, good for self and worst for all: nothing is collapsed do not worry!



Almost none of us have ever witnessed the situation which is known as economic collapse in our life span, in this article I will present the picture or the scenario how the things become in case of economic collapse of any country. I will try to keep my language as simple as possible. S





So let’s see step by step how things start changing:



It starts with the rumours around like few stockists in some part of country are no longer accepting the currency notes in exchange of the stuff.



Such rumours spread very rapidly and drastically and the currency loses the value drastically, as few optimistic traders still hope the things to go better and they still accept the currency, but as their risk is too high they will definitely ask for more money (currency), say they may ask 1000 Rs. for a bread worth 10 Rs. That causes the very high inflation rate and very soon currency notes disappear from the market.



People are left only with the assets they possess and that is blessing in disguise for the stockists especially for the food and grain stockists, as food being the most essential item to live people are now forced to sell their valuable assets in exchange of some food. Emergency is declared in the country and media rights are withdrawn.



Suddenly within a few weeks people are left with nothing in their houses except the house itself and/or jewellery.



Government encourage the public to donate their gold/silver (being the essential commodity) and this is related with the spirit of patriotism, more you donate more patriotic you are.(You must have noticed such circumstances in the case of war).



Properties values decline drastically even up to 90% in few cases.



Ultimately public end up with their houses and jewellery sold or donated.



That is the beginning of social reformation



Democracy ends to form a new social structure “SOCIALISM”.



In this condition value of all the companies is evaluated (against gold) and those who have saved their gold somehow are asked to invest (not donate) their gold in the companies and will be the share holder of the company and they receive the healthy proportion of the profit made (as most of the people have lost their everything, foreigners are invited to invest), those who don’t possess gold or silver are asked to work as an employee (depending upon the qualification). Those who had very less gold may act as both the partner and the worker of the company.



Currency notes are reprinted against the gold reserve and once again currency is accepted in the market for exchanging the goods.



Though such situation is not likely to happen in India in near future, but many so called super powers like USA and economic powers like Japan are on the verge of bankruptcy, it’s up to you now how you can take advantage out of this.



POSSESS GOLD AND SILVER (the universal currency,not Dollar).