It has been on my heart to write this article for a few days, but I knew that it wouldn’t be easy to write. 2020 has already been one of the worst years in modern U.S. history, and it looks like the next six months are going to be extremely challenging as well. But even though most Americans are expecting that things will return to “normal” in 2021 and beyond, the truth is that the “perfect storm” that we are witnessing is only in the very early stages. All of the old cycles are ending, all of the bubbles are bursting, and we are starting to experience the consequences of decades of incredibly foolish decisions. So even though the remaining months of 2020 will be chaotic, the truth is that things are going to get progressively worse as the years move along. That means that you should use this period of time to prepare for what is ahead of us, because at some point the window of opportunity to prepare will be closed for good.
COVID-19 should have been a wake up call for all of us. Lockdowns were implemented very suddenly once the virus started to spread in the U.S., and shortages of key items began to happen. To this day, many retailers are still limiting the number of items that you can buy in certain categories. Hopefully this has helped people to understand that if you have not stocked up in advance, you may not be able to go out and get what you need when a major crisis strikes.
During the initial stages of this pandemic, a lot of people ended up being stuck at home without enough supplies. In the event of a truly historic emergency, you can certainly survive without toilet paper, but if you run out of food you could find yourself in big trouble quite quickly.
The good news is that COVID-19 is not going to kill us all. About half a million people around the world have died so far, and the final death toll will be a lot lower than the tens of millions that died during the Spanish Flu pandemic of 1918 to 1920.
But if our society was extremely ill-prepared for a pandemic of this nature, what is going to happen when a pandemic that is much more severe hits us?
Scientists assure us that it is just a matter of time before a killer plague sweeps across the planet, and the Bible tells us that there will be “pestilences” in the last days. If you find yourself isolated at home for an extended period of time as millions of others are dying from a virus, will you be able to survive on what you have already stored up?
If not, you need to get to work.
Big economic problems are ahead as well. So far in 2020, more than 47 million Americans have filed new claims for unemployment benefits, more than 100,000 businesses have permanently closed their doors, and it is being projected that U.S. GDP will decline by 46.6 percent on an annualized bases during the second quarter. Those are absolutely disastrous numbers, but so far trillions of dollars of emergency government spending has helped to ease the pain.
But those emergency measures were only meant to get us through a few months, and it [ … ]