We appear to be entering the sort of scenario that doomsday preppers have been warning about for years. A pandemic is spreading death and panic around the world. Markets are crashing. Store shelves are emptying…

How long will it be before the economy grinds to a halt completely? How long will it be before the heavily leveraged financial system simply freezes up?

Emergency rate cuts by the Federal Reserve won’t necessarily keep the banks open. Central bankers won’t necessarily keep grocery stores supplied with food. And they won’t necessarily help you and your family survive the present crisis.

We don’t know if the worst is behind us or yet to come.

The point of preparedness isn’t to try to predict when a crisis will hit or how long it will last. The point is to always be ready for a worst-case scenario.

Why Bank Runs Occur

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