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GAIA Host Collective
As for preparations, they'll be much more difficult to make during a liquidity crunch. Most people won't have any money and those who do won't want to admit it (by visibly spending large chunks of it at once) for fear of losing it through crime or quasi-official confiscation of one kind or another. I'd suggest taking action as soon as possible.
I've been preparing for this for several years. I used to be an academic working in energy studies. Now I live on a small farm where I haul wood, muck out barns and grow vegetables, among other things. I have an outdoor wood furnace, 3 kW of PV panels in my back field, a battery bank in my basement, a solar thermal system, a generator, solar ovens, solar battery chargers, a rechargeable battery supply, a wind-up radio, stand-alone solar LED lighting, hand tools, bicycle-powered generators with portable battery packs and a dog sled team. Fortunately, I love the rural life and am much happier than I was as a member of the rat race.
I also like the rural life, but I'm not under any illusions about how hard it will be to get by with significantly less energy. I'm working first on heat and food. Electricity will be one of the harder issues to solve (PV is out of my price range at present). I will be exploring the feasibility of wood fired steam generation at some point, but I expect to find the amount of wood required to be too large to be practical.
I can proudly say that I'm about 80% locally food self-sufficient---you can't do it alone. I've learned that we need to network with others in our local communities to develop sustainable and varied food supplies. I'm about 60% locally energy self-sufficient. Friends and I are slowly accumulating the items necessary to convert waste cooking oil into biodiesel but I figure biodiesel is just a temporary measure because of all the outside inputs required. We are also planning to purchase a team of pregnant Belgian mares. Horses may not be practical for most people but I've worked with them for years and they fit well in my personal situation.
Other important things to consider are:
--local and natural health care in case the modern medical systems become overloaded or inaccessible. Improving our personal immune systems thru improved nutrition, exercise and reduced stress.
--eatable and medicinal herbs, wild foraging and wilderness skills.
--networking with local neighbors for mutually benefical assistance including developing a system of trading and bartering with neighbors to save money and increase community bonds.
--developing 'low tech' skills and facilities that can last for generations regardless of 'peak oil' and other changes to our society i.e: solar greenhouses & season extenders, root cellars, skills like knife sharpening, food processing, woodlot management and on and on.
---And ultimately to teach these basic skills to our children and grandchildren because it is within their lifetimes that extreme changes will occur.
I'm not saying that you 'Urbanites' need to immediately 'head for the hills'. But you do need to start considering what you would do JUST IN CASE............
As for health care, well the medical community is excellent in fixing us when we are broken (I would be long dead otherwise), but not so useful in dealing with illness and with keeping us fit. Mostly they serve as a distribution network for pharmaceuticals. And the cost of this is astronomical, so I wonder how it can possibly be sustained. We are already well versed in homeopathic remedies, but they have not always been powerful enough (i.e. the Lyme epidemic in these parts). So I assume that for those who do not have large amounts of money, the future will often be difficult when it comes to health issues, as it always was up to very recently.