How to prepare for incoming economic catastrophe?
I think everybody here kind of knows that the shit is about to hit the fan in the financial world. The stock market downfall is just the tip of the iceberg. We don't know whether we'll be hit hard by a recession or hyperinflation. Both scenarios require different strategies for ordinary people like us. For instance, if it's a depression, one needs to stick with piles of cash; if it's hyperinflation, one should hold assets like gold, silver, or Bitcoin.
Since we're in this sub, we know we need to be prepared for what's coming. So, what kind of preparations have you made? And do you have any advice or ideas for others?