Lessons Americans Can Learn From Argentina’s Economic Collapse for SHTF in the United States

As America heads towards an economic collapse due to its crazy national debt and runaway spending, we can learn some great lessons about how to prepare for the SHTF (Sewage Hits The Fan) that is to come by looking at what happened to Argentina

In 2001, Argentina plunged from being a very wealthy country with a large middle class to a country where the middle class all but disappeared. It was all due to uncontrolled government spending. Since the situation is so similar to what we have here in the United States today, the lessons learned are especially pertinent.

The first lesson to be learned from the economic collapse in Argentina is that desperate people will do desperate things. People took to the streets protesting what they saw as the robbery of the middle class by the banks and the betrayal of the politicians. Civil unrest became a common occurrence, as people who saw their bank accounts and retirement plans evaporate suddenly had nothing left to lose.

In addition, as the situation dragged on, more and more crime became commonplace. It wasn’t just robberies in bad neighborhoods, but more sophisticated burglaries in previously safe neighborhoods as well. People learned that their homes were being staked out and, when all the members of the family left and the house was vacant for a few hours, they could come home to a house that had been stripped.

In addition, a new term “express kidnappings” was coined. Instead of just kidnapping rich people where a huge ransom could be demanded, thugs started kidnapping people of more modest means and demanding only a couple hundred dollars. They would drive the around in a cab all day until a phone call to their home produced some sort of a payoff, and then they would move on to the next victim.

Express kidnappings were very smart financially for the bad guys, as the amount of money taken would not warrant a huge investigation from the overburdened police force. And if they knew what they were doing, they could pull off a couple of these every day.

Another thing that became commonplace was that former middle class people became unlicensed “taxi drivers” using their minivans or luxury cars to drive people to work or the airport. Others tried their luck to get work as a handyman. Women did nails and cleaned houses. People worked for a fraction of what they used to make, just so that they could feed their family.

Those looking for economic opportunity in a post-economic collapse society found that the teaching (especially vocational studies where you would teach a trade) and counseling professions did well, as people needed to get new skills to work and needed counseling to cope with a world turned upside down.

Another unfortunate development was food shortages and power outages. Although there was technically enough food for everyone, in the tumultuous times where prices could jump 10% in a week for some items, no grocery stores wanted to sell out of their products. Therefore, it became common for store shelves to be empty, as a lot of stock was held in reserve.

Power outages occurred as the utilities and local governments were strained financially with so many people unable to pay their bills and taxes. So infrastructure repairs and maintenance were neglected, leading to less reliable services.

There is a lot to consider if you want to prepare for an economic collapse in the United States. The best way to begin your “preps” (that is a term that preppers use) is by first analyzing what has happened before so when history repeats itself, you will be ready instead of having regrets.

The most shocking video can be found below.

Liberal’s hidden agenda: more than just your guns…

… the impending collapse of the US food supply system
will steal the food from your kids’ tables…

Watch this video below to find out the great secrets hidden by the government.

11 thoughts on “Lessons Americans Can Learn From Argentina’s Economic Collapse for SHTF in the United States

  1. This all makes a lot of sense except for this: ” no grocery stores wanted to sell out of their products. Therefore, it became common for store shelves to be empty, as a lot of stock was held in reserve.” A store full of empty shelves is a store that has sold all of their inventory. They’ve recouped all of their expenses. Holding inventory in reserve is no different than being unable to sell inventory. Unless they’re holding it for themselves, I don’t see the point.

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    1. Good point. It’s the producers/wholesalers who limit how much they’re willing to sell to the grocery stores. Reason being of course, under hyperinflation, those products will command a higher price the following week.

      Liked by 1 person

    2. It’s a form of price arbitrage. If I sell low and my cost goes up I can’t restock. If I hold low cost goods knowing their price will likely increase I can sell higher and hopefully make enough to restock at the new prices. Privately owned liquor stores do this with fine wines and allocated bourbons all the time. If I hold something in demand until it’s scarce I can up the price.

      Liked by 1 person

  2. As a former vendor who delivered goods to large chains and smaller stores. These stores
    today keep very little back- stock. Everything is ordered on an as needed basis by the employee walking around scanning the shelves and punching in numbers. Walmarts get trucks everyday as an example. When I started in the business 40 years ago back rooms in stores would be stacked high with backstock. Once computers and on-time delivery became prevelant, other than really hot sale items, what you see on the shelf is pretty much all there is.

    Liked by 1 person

  3. Maybe it’s similar to the US government buying up most of the baby food in the US and shipping it to a warehouse in Texas so that many mothers could not find any. It doesn’t make sense, and like you I don’t see the point.

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    1. The point is to get women to stop breast feading their babies because breast milk is the best way to build up an infants immune system. Get them hooked on formula which makes their babies sick, and then take it away from them which just ratchets it up all the more.

      These tactics are never an issue for those who have already opted out of their system of scarcity.

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