I Survived an Economic Collapse – Part 1, by Siempre Listo
…people go begging for food on the streets. Violent crime skyrockets. Vigilante groups form to protect neighborhoods from criminals. It Happened in Mexico A future scenario? No. All this actually happened, in 1982, but not in the United States. It happened in Mexico, where I was living at the time. Some commentators speculate about what might happen in a future economic collapse. We hear many different theories about how the banks might react, how the government might respond, and what panicked investors might do. Well, 36 years ago, I survived an economic collapse. Not a total collapse, but it was bad enough. Following is my story of what actually happened before, during and after an economic collapse, how I survived it, and lessons I learned from it. I moved to Mexico in 1979, with the idea of supporting myself teaching English as a second language (ESL). This actually worked well…