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SPG 009: Preparing for a Government Shutdown

preparing for a government shutdown

 

Preparing for a Government Shutdown

– the resolution that is currently funding the government expires on April 28th unless an agreement is made and signed by Donald Trump
– However, democrats and some republicans are refusing to come to an agreement because Trump is proposing 1.5 billion dollars be added to the budget to build a wall along the Mexican border
– If an agreement isn’t made then there is the potential for a government shut down.
– Democrats are desperate to sabotage Trump’s presidency in order to win Senate elections in less than 2 years
– This could cause government shut down that lasts longer than 2 weeks

The Government Shutdown Could Cause:

– over 2 million federal workers will have paychecks delayed (costs Maryland $5 million per day in income and sales tax revenue)
– financial market instability,
– benefits halted (social security,unemployment and veterans) (millions of veterans will not receive benefits)
– food insecure families who rely on benefits will go without food
– national parks will be closed forcing tourism to lose millions of dollars per day
– ultimately inflation will rise if it becomes long and drawn out
– jobs laid off (extreme case)
– CCW permits being processed will be put on hold
– you will be unable to get a passport

What You Should Do

Have Your Emergency Supply Ready

– for preppers this should go without saying
– this should already be stocked up
– if this becomes a long term event you will be hard pressed to find food and water on shelves
30+ days of food and water available
– you can build a quick supply by purchasing from Emergency Essentials
– you should have other survival items purifying water, providing heat and gathering food such as hunting or growing

Withdraw Cash for Emergencies

– if this becomes a long term event it could cause a collapse
– banks will not allow you to withdraw all of your money

Secure Your Assets

– consider cashing out stocks and savings accounts
– in the financial crisis of 2001 and 2008 100’s of thousands of people lost their 401k savings
– now you may not have to do this right away
– it is really a judgement call but if you wait it could be too late
– market crashes happen quickly

Don’t Make any Big Purchases

– you will want to hold onto the money that you have now
– unless you are stocking up on food, water or survival items then you should hold making big purchases until this passes

Get Your Passport Quickly!

– if worse comes to worse then you may consider moving if this shutdown becomes a long term event
– during the shut down you won’t be able to get a passport

Thank you for listening!

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Resources mentioned:

How Much Silver Should a Prepper Have?

Show SponsorEmergency Essentials

 

Photography by cool revolution

About Aaron

Aaron is the founder of Smart Prepper Gear and author of The Strategic Prepper. He has been involved with preparedness since 2009 after feeling the effects of the financial crisis that affected most of the country. Aaron also volunteers with CERT (community emergency response team), ARC (Amateur Radio Club), Red Cross and currently studying to be a certified NRA instructor.