9 Terrifying Truths About Long-Term Economic Crises

9 Terrifying Truths About Long-Term Economic Crises Authored by Milan Adams via Preppgroup, Why preparation matters less than adaptation, and why the next crisis will not resemble the last... My father kept his layoff notice from 1982 taped inside his toolbox until he died. The letterhead - blue, corporate, indifferent - arrived on a Tuesday in March, six months after his machine shop started losing contracts. By August, we were living in my aunt's basement. By Christmas, he was driving a delivery truck for half his previous wage. He kept that letter as...