Well thought out article on how to be prepared for a flu pandemic. It is smart anyway to have water and canned food stockpiled in case of any retail disruption.-Lou
Economics of a Flu Pandemic
The situation will be much like that in wartime. Government will concentrate on keeping key infrastructure operating. Power, sewage, water, emergency services and food distribution. Distribution of most goods through the system will be discontinued, since people can be asymptomatic and still carriers, it will be decided to keep any cross-country travel to a minimum. Most retail outlets will close, either voluntarily or by government fiat. Food will be trucked either into distribution centers or into supermarkets which agree to stay open and will be rationed out exactly as in wartime. As such a black market will certainly appear.
Preparations If you think that such a pandemic is likely to occur then the steps you should take are much the same you would take for any natural disaster. Because the banking system will likely be shut down during the crisis (and bank machines will likely not be restocked even if they do not go down due to loss of system personnel) you should have a stock of money at home to allow you to buy whatever you need which is available.
If you can arrange to have independent power generation, you should do so. You should have a good supply of canned food and water. Make your estimate of how much you need and double or triple it. Others will not have planned and you do not want to find yourself not being able to help friends, family and neighbors. In addition you will want to have tradeables available for the black market.
Money will be a poor second to having goods people want. In this regard stocking up on some medical items such as surgical masks and OTC medicines will be especially wise. I'm not encouraging profiteering, but you will need something you can trade which people want.
Badly.
Read More:
http://www.huffingtonpost.com/ian-welsh/economics-of-a-flu-pandem_b_191409.html
Monday, April 27, 2009
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When are the authorities going to catch you? All you do is spread fear on this blog. Why don't you tell your readers and listeners how you've been bilking seniors with your bullshit bond program. I've already seen some of your former clients and have told them they should see an attorney. You charge them a fee higher than what they earn on interest. Your day will come and soon.
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