If you are serious for prepping for the SHTF take the time to read this. http://www.piie.com/publications/papers/niarchos-ferguson-2010.pdf Ninth Annual Niarchos Lecture Fiscal Crises and Imperial Collapses: Historical Perspective on Current Predicaments Niall Ferguson, Harvard University Peterson Institute for International Economics Washington, DC May 13, 2010 Lets come up to the present and look ahead to the future and reflect a little bit on the crisis that we find ourselves in at the moment. As Ive tried to imply, this is a pretty familiar story. Countries get into positions of excessive indebtedness. The markets overnight lose faith in the credibility of fiscal policy, and the rest you know. Looking here at a recent paper from the Bank for International Settlements (BIS), its impossible not to be struck by the extreme instability of public finance in these countries: Portugal, Ireland, Greece, and Spain, known, rather rudely in my view, as the PIGS in some quarters. Now, whats striking about the Bank for International Settlements projections is that they show current policies leading to debt explosions of mind-blowing proportions in each of these countries over the next 30 years.