10 survival lessons from the Great Depression

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As we've seen with the 2008 Great Recession and the stock market ups and downs the past few weeks, our society will never be immune to negative economic outcomes.

Whether it be a stock market crash or a foreign attack on our banking systems, there are a variety of potential situations that could negatively impact our financial well-being as individuals and as a country.

Fortunately, there's a lot we can learn about preparation for economic worst-case scenarios simply by looking at the recent past—the Great Depression, for example.

The Great Depression started when the stock market crashed in 1929 and lasted until 1939. By its lowest point in 1933, roughly 15 million Americans were unemployed and nearly half the country's banks had failed.

Thanks to human resilience and creativity, many people were able to survive this tough time in U.S. history.

That's why today I'm sharing ten concrete survival tips we can glean from the Great Depression. Understanding what people did to survive during this tough economic period helps us to prepare in advance for similar situations.

With tightening monetary policies and geopolitical risks, Morgan Stanley analysts have determined that 2018 is on track to be the most volatile since the financial crisis.

There's no better time to read this list and prepare yourself and your loved ones.

And with that, here they are...

#1 Grow your own food

During periods of economic hardship, the last thing you want to do is rely on external systems for your own food sources.

During the Great Depression, the United States' industrial production dropped by half.

Farmers couldn't afford to harvest their crops, and bread lines, soup kitchens, and rising numbers of homeless people became fairly common in America's towns and cities.

About 20 percent of the population lived on farms. Fortunately, many city dwellers still had gardening knowledge from their country days. If your family had a cow and a garden, you were considered rich.

Today, with a growing urban population, it's less common to possess basic gardening knowledge. We've lost that skill overall in our culture.

But in the case that grocery stores become too expensive or simply run out of food during a financial meltdown, it will be essential to know how to grow your own food.

Take the time now to learn how to plant and harvest foods—whether in your house, backyard, or on your rooftop.

At My Patriot Supply, we have a product called the Survival Seed Vault by Patriot Seeds, which are perfect for gardens like those grown during the depression.

Containing 21 varieties of USDA Certified Organic Heirloom Seeds, they can last 5+ years in proper storage.

#2 Learn to hunt, fish and forage

Like learning to garden, it's equally important to learn to find and hunt your own animal protein sources...before disaster strikes.

If you have a family member or friend who's experienced, there's no better time than now to ask for a lesson in the basics. Who knows? Maybe you'll discover a new hobby along the way.

During the Great Depression, foraging for edible plants helped many people sustain themselves.

For example, nuts and wild asparagus were common findings for families that would go out foraging for the day. Identify the areas in your local community where you can find and harvest additional food. Keeping a deck of Edible Wild Foods Playing Cards nearby would be of help as well.

#3 Turn to a barter system if banking systems shut down

In the years and decades before the Great Depression, banks were revered. No one ever considered the idea that they could fail and that their money would simply disappear. When many of the banks closed down as a result of the crisis, the only cash people had was whatever they had on hand or stored up at home. This was unfortunate, because the banks would close down with virtually no warning—leaving no time to go make cash withdrawals from accounts. And people were forced to rely on other forms of value exchange.

Bartering is an age-old practice that human civilizations have used for generations—even before banks were created.

During the Depression, payment was often made with eggs, fresh milk or produce. Bartering was also beneficial because it meant that families could add different types of food to their meals—expanding the variety of produce they could consume.

Bartering makes an additional case for learning to grow, hunt and forage for food—it gives you more of a base to use in negotiations and trades. Bear in mind that food isn't the only valuable item—during the Depression, things like wood could be collected, split and exchanged as firewood.

In our modern-day context, everything from additional fuel for camp stoves to ammunition for weapons can be valuable barter items. See our recent Survival Scout article on the Top 15 Items That Disappear When Disasters Strike for more valuable barter items.

#4 Be as resourceful as possible

If you have a grandparent or parent that lived through the Great Depression, you've likely heard or seen them express values of resourcefulness and frugality. They were our last, truly self-reliant generation.

For example, they might tell stories about how they used...

  • Pieces of rubber tires as replacement soles when shoes were worn through.
  • Anything and everything you might find in the kitchen or that was donated by others to make what became known as "Depression Soup."
  • Flour-sacks to make dresses.
  • Newspapers to wrap presents.

Knowing how to reuse and recycle everything was the name of the game in those days—and something we can all benefit from.

Challenge yourself to see everything as multifunctional, and get creative with what various items can be used for, in the event that your resources are depleted.

#5 Sleep outside during heat waves

Air conditioning is a luxury many of us take for granted. In the case that it becomes too much to afford or your unit breaks and replacement parts cost you a small fortune, you'll need to find ways to beat the heat.

During the summer months of the Great Depression, it wasn't uncommon to see whole families sleeping on their front lawns or in local parks.

Additionally, they would use other cool-down tactics such as hanging wet sheets over doorways. Hot air was slightly cooled as it passed through the wet fabric.

#6 Strengthen family and community bonds

During the Great Depression, it wasn't uncommon to have grandparents, aunts, uncles and cousins living in the same house or vehicle. With so many displaced, it was critical to rely on extended family for help.

The same was true of neighbors, and you'd see people donating meals and money whenever possible. Some communities even organized what they called "surprise parties." They would collect food and necessities (including cash), and then designate a particular family to receive the collection at each surprise party.

This spirit of generosity and community bonds is apparent in many stories from the Depression. The people who did well during this difficult time were often those who depended on family and friends and were able to be depended on by others.

Take the time to establish and strengthen these bonds, with neighbors and your local community, now—don't wait until an economic collapse makes everyone desperate.

#7 Be a jack-of-all-trades

When it came to finding work during the Depression, it helped to be a jack-of-all-trades. These people could often find work when others couldn't.

The following skills will come in handy during periods of hardship:

  • Sewing/knitting
  • Fixing plumbing
  • Home or car repairs
  • Gardening, canning/food preserving
  • Sharpening or making tools
  • Butchering and curing meat
  • Metal- or woodworking
  • Gunsmithing
  • Cheese or candle making
  • Recognizing wild edibles

In our knowledge-based economy today, handymen and jacks-of-all-trades are harder to come by. Develop a competitive advantage and learn these skills now. They will certainly come in handy (no pun intended) later.

#8 Stock up on supplies

During the Great Depression, housewives could be judged by how many jars they had "put up" during harvest season.

When things go awry, you can bet that items will be flying off the shelves at local stores. Don't wait until then to stock up on the essentials, or to start canning and jarring your own food. Make sure you have enough stored up to last you for several months, at the very least.

To get you started, at My Patriot Supply, we sell a Three-Month Emergency Food Supply that can provide you with a strong hedge against economic downturn. With a 25-year shelf life, this supply includes delicious meals that average 2,000+ calories per day for one person.

#9 Don't rely on credit cards or loans

Too many of us rely on credit cards and loans from the bank to make big-ticket purchases.

However, during the Depression, many people had to buy their first cars and homes in one lump sum since they couldn't rely on a bank to give them a loan. To do this, they would live with family members and save whatever cash they could as they worked.

Avoid taking out a loan and going into debt—and start saving a supply of cash now.

You should also make sure you have a supply of assets outside of cash or credit. Whether it be houses, land or precious metals, make wise investments into long-lasting items of value. As we've seen with the Great Depression, keeping the majority of your wealth and money stored at the bank isn't exactly the most secure solution.

#10 Remain positive 

Aside from relying on barter systems, growing your own food, and learning to hunt and scavenge, there's a great deal of mental resilience needed to survive tough events like the Great Depression.

According to Murray Hunn, head of global research at Elliott Wave International, "We think the major economies are on the cusp of this turning into the worst recession we have seen in 10 years."

With predictions like this, there's cause for preparation.

And as one woman who survived the Great Depression shared, "Poppy always said the world turns and everything that has happened would happen again. I am sure if he were still with us today he would be warning us to start a garden and buy some chickens."

Take these lessons in stride, and learning from the past makes all the difference when life as we know it changes drastically.


This article originally appeared on MyPatriotSupply.com.

If we learned nothing from the media over the past 4 years it's that colluding with a foreign entity to either win an election or for personal gain is absolutely grotesque. Well, that depends on whether you have a (D) or (R) before your name anyway. President Trump was impeached on rumor and innuendo yet Joe Biden has all but skated on his corruption up to this point.

Below is a timeline that shows the level of corruption and the lengths the Biden's went to in order to build that family's wealth and influence internationally.

2009

In 2009, Joe Biden was the brand-new Vice President and John Kerry was a U.S. Senator. Just five months after Joe was sworn in, his son Hunter, and Kerry's stepson, Christopher Heinz, formed an international private equity firm called Rosemont Capital. It had several different branches, including one called Rosemont Seneca Partners.

2010

Just nine months after Rosemont Seneca opened its doors, Hunter Biden went to China for meetings with executives from China's biggest banks, and its sovereign wealth and social security funds. That's unheard-of access for a brand-new firm. Was it just coincidence that at the same time Hunter was meeting these Chinese bigwigs, his dad was meeting with China's then-president Hu Jintao in Washington DC at a nuclear security summit?

2011

In May 2011, Joe Biden met with Chinese officials for the U.S.-China Strategic & Economic Dialogue conference in Washington. Just two weeks later, Hunter Biden went to Taiwan for meetings with the same Chinese financial giants he'd met in China in 2010, plus some new ones.

2013

By December 2013, Joe Biden was enjoying his second term as VP, and John Kerry was now Secretary of State. That's when Joe traveled to Beijing on an extended official trip and Hunter traveled with him on Air Force Two.

During their stay, Vice President Biden met with President Xi and Hunter was mostly out of sight. We don't know exactly what he was up to, but the deal finalized between Rosemont Seneca and the Bank of China just ten days after the Bidens' trip pretty much gives it away. The most powerful financial institution in China formed a joint venture with tiny Rosemont Seneca to create a giant new investment firm called Bohai Harvest RST – the "RS" stands for Rosemont Seneca.

The firm is often called "BHR" for short.

Hunter Biden was a member of the Board. Remember, the Bank of China is government-owned, which means its business is completely intertwined with the goals of the Chinese Communist Party. BHR also got the freedom to operate in the newly created Shanghai Free-Trade Zone where, over the next six years, it would use $2.5 billion of Chinese government money to invest in China, as well as in other countries, including the U.S.

During their Beijing trip, Hunter also introduced Jonathan Li to his dad. Li is Hunter's business partner – he's CEO and Director of BHR.

Hunter arranged for Joe to meet Li in the lobby of the hotel where they stayed during their Beijing trip.

2014

In 2014, one of BHR's first major investments was in the China General Nuclear Power Corporation.

CGN is a Chinese government-owned nuclear power company that sold off a stake of the company to outside investors. Problem is, CGN was under FBI investigation for paying informants in the U.S. to steal nuclear secrets.

In 2016, the FBI arrested the ringleader of this nuclear espionage, a man named Allen Ho.

When they arrested Ho, he was using a random code generator to access funds being provided to him from – where else? – the Bank of China.

Yet while this FBI probe was going on, the son of the Vice President owned a stake in the company being investigated. And even after arrests were made, Rosemont Seneca did not alter its relationship with BHR, nor did it divest from CGN, even though it was stealing U.S. nuclear secrets.

2015

In 2015, BHR partnered with the Aviation Industry Corporation of China (AVIC) to buy an American company called Henniges for $600 million.

AVIC is a gigantic military contractor in China – think Lockheed Martin – that makes fighter jets, bombers and drones. BHR bought 49% of Henniges and AVIC bought 51%.

Henniges is a precision parts manufacturer specializing in anti-vibration technology. The stuff they make is known as "dual use" by the U.S. State Department, which means the technology can also have a military application.

Because of that, the deal had to be approved by the Committee on Foreign Investment in the U.S. (CFIUS) since it could have national security implications. The thing is, the American side of BHR – meaning Hunter Biden and his pals – had to know there were serious national security implications with AVIC.

The year before they formed a partnership with AVIC, the Wall Street Journal reported how AVIC stole technology related to the U.S. Air Force's F-35 stealth fighter and used it in its own stealth fighter for the Chinese.

How the Committee on Foreign Investment approved that deal remains a mystery. CFIUS does not publicly disclose any information regarding its decisions. Their findings are not publicly announced.

Interesting that China accounted for the largest share – with 74 transactions – approved by CFIUS during Obama's second term (2013-2015).

Under the umbrella of Rosemont Capital was a real estate company called Rosemont Realty. In 2015, a Chinese company called Gemini Investments bought a 75% stake in Rosemont Realty. The company was renamed Gemini Rosemont

Gemini brought $3 billion to the partnership with Rosemont, with the aim of buying "Class A institutional-quality commercial office properties in U.S. markets."

Red flag (literally) – Gemini Investments is a subsidiary of the China Ocean Shipping Company, a.k.a., "COSCO."

COSCO is a Chinese government-owned company. Its headquarters in Beijing is actually next to the headquarters of the Bank of China. COSCO is well-known for its close military ties. It's essentially a branch of the Chinese Navy.

2017

In 2017, BHR invested in Face++. That's the facial recognition phone app built by a Chinese company that is incorporated in a separate app built by the Chinese government. Police in the Xinjiang [Sin-jong] region of China use that app to keep tabs on citizens, and track and detain Uiguhr [Wee-ger] Muslims.

The app allows police easy access to data about Chinese Muslims including things like religious activity, blood type, and even the amount of electricity they use.

2018

In March 2018, a spokesman (Chris Bastardi) for Christopher Heinz (John Kerry's stepson) emailed The Hill to say that Heinz had "no operating role" in Rosemont Seneca, and that he was not involved in any of Rosemont's deals in China (which contradicts Schweizer's report in his book Secret Empires).

Chris Heinz was involved in Rosemont Capital. Rosemont Seneca was established under the same GP as Rosemont Capital, but Chris Heinz had no operating role in it. Chris and his family have no financial interest or investment in Bohai Harvest RST, he has never traveled to China, and he has never met with the firm's Chinese management team or investors.

2019

In October 2019, Hunter Biden's lawyer, George Mesires, said Hunter did not conduct any business on that 2013 trip to Beijing with his Dad.

Mesires said the timing of BHR's business license getting approved was purely coincidental because the paperwork had been submitted months before the Bidens' China trip.

According to Hunter's lawyer, the approval " was not related in any way, shape or form to Hunter's visit."

Hunter Biden finally stepped down from the BHR board last October (2019), but he DID NOT give up his 10% stake in the company.

When Bevan Cooney — the former "junior" business partner to Hunter Biden and Devon Archer — went to jail in 2019, investigative reporter and New York Times bestselling author Peter Schweizer thought he'd never gain access to the damning emails Cooney had promised. That all changed three weeks ago when Schweizer was given complete access to Cooney's gmail account.

Schweizer joined Glenn Beck on the radio program Tuesday to describe just some of the business deals revealed within these emails — like Hunter working with an alleged Russian criminal and with Chinese communists to secure their assets, or to secure one-on-one time with his dad, then-Vice President Joe Biden. And all of this new information is completely separate from the emails allegedly discovered on Hunter Biden's laptop recently reported by the New York Post.

"So, I want to make this clear. This [Cooney's emails] has nothing to do with what's on the laptop … It didn't come from [Rudy] Giuliani. It didn't come from anybody else, right?" Glenn asked Schweizer.

"That's absolutely correct," Schweizer confirmed.

He briefly explained how Cooney, a former Los Angeles nightclub owner, is currently serving a prison sentence for his involvement in a fraudulent business bond scheme with Biden and Archer. From prison, Cooney gave Schweizer written permission to access his Gmail account.

"This is really important," he noted. "We're not looking at printouts. Not looking at PDFs. We're actually in his Gmail accounts themselves, sifting through these emails. And there's a shocking amount of information about deals involving China, involving Russia, involving all sorts of things they were trying to pull off."

Watch the video below to catch more of the conversation:

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The king of "No Spin" and bestselling author of "Killing Crazy Horse," Bill O'Reilly joined Glenn Beck on this week's podcast to talk about the latest developments in Joe Biden's Ukraine and China corruption scandal. Now that some of the details are finally coming out in the open, does the average Democrat care? Maybe, but the Left doesn't seem to.

O'Reilly argued there's more hatred for President Donald Trump now than in 2016, and that some people hate President Trump so much that they'd rather vote for the "senile, corrupt" Joe Biden.

"Hunter got tens of millions of dollars from Ukraine, from Russia, from China because his father was vice president. I have no doubt in my mind," O'Reilly said. "But the hatred for Donald Trump overrides that in the minds of millions of viewers. They're saying, 'You know, we'd rather have the senile corrupt guy than Trump.'"

Asked by Glenn if any other Republican running for president would be met with the same level of vitriol, O'Reilly answered, "The Left is the Left. They don't like America. The want to redo the Constitution. They want to take some of our freedoms, like the Second Amendment and the First Amendment, and change them. And they want to destroy capitalism and replace it with a big centralized government in Washington that controls the economy … but I'm talking about the folks. I have liberal friends and I say to them, 'Do you not understand that when you vote for Biden, you're voting against your own self interest?'"

Watch the video clip from the full podcast below, or find the full episode HERE:

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Subscribe to Glenn Beck's channel on YouTube for FREE access to more of his masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, or subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.

In a phone call with his constituents, Senator Ben Sasse (R-Neb) unleashed a torrent of criticisms about President Donald Trump, saying he "flirted with white supremacists," "kisses dictators' butts," and "spends like a drunken sailor."

On the radio program Friday, Glenn said he was disappointed in Sen. Sasse for apparently forgetting all of President Trump's accomplishments. Because, in reality, Trump has accomplished a lot more than many presidents before him.

Then, for anyone who may have forgotten President Trump's achievements — or who simply hate the man so much they've ignored them — Glenn listed just some of the many things this president has achieved during his three and a half years in the White House.

Watch the video below to hear Glenn's message for all the Trump-haters who have forgotten Trump's accomplishments, or you can read Glenn's list HERE:

Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.