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Thread: Stock up on canned food and water - stock market crash

  1. #1

    Stock up on canned food and water - stock market crash

    Found this on Drudge

    http://www.independent.co.uk/news/uk...-10469509.html

    Stock up on canned food for stock market crash, warns former Gordon Brown adviser



    A former adviser to Gordon Brown has urged people to stock up on canned goods and bottled water as stock markets around the world slide.

    Damian McBride appeared to suggest that the stock market dip could lead to civil disorder or other situations where it would be unreasonable for someone to leave the house.

    “Advice on the looming crash, No.1: get hard cash in a safe place now; don't assume banks & cashpoints will be open, or bank cards will work,” he tweeted.

    “Crash advice No.2: do you have enough bottled water, tinned goods & other essentials at home to live a month indoors? If not, get shopping.

    “Crash advice No.3: agree a rally point with your loved ones in case transport and communication gets cut off; somewhere you can all head to.”
    Read more:
    China stock market crisis: FTSE 100 sheds billions in single day
    Bloodbath for global markets as US markets nosedive
    Chinese investors are so angry they have started kidnapping people

    Mr McBride credited his former boss Gordon Brown with preventing a cataclysm by nationalising the banking system during the 2008 crash.

    “We were close enough in 2008 (if the bank bailout hadn't worked),” he said. “and what's coming is on 20 times that scale”.

    Financial markets are unstable and periodically suffer crises which can have devastating consequences for the wider economy.

    The Shanghai Composite Index, China’s most important stock market index, was down 8.45 per cent, erasing a year’s gains in a day’s trading.

    The FTSE100 fell 4.5 per cent, hoping £60bn off the price of UK shares, and the Dow Jones in the US fell by over a thousand points in its first minute of trading.

    Some analysts have suggested that the stock market slide could be the start of a new global financial crisis.

    Mr McBride’s suggestions about stocking up on canned goods, setting rally points and stocking up on bottled water were ridiculed by some users on Twitter as over the top, however.

    Mr McBride was special adviser to Gordon Brown and head of communications at the Treasury for a period during the last Labour government.



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  3. #2
    If you have a water source nearby, go with a filter. If not, this is the most cost effective water storage solution I have found:

    http://beprepared.com/basic-25-gallo...water-kit.html
    http://beprepared.com/100-gallon-boxed-water-kit.html

    Keep in mind, you can't stack them more than 2 high.

    The 5 gal "water cooler" jugs sold at Home Depot, etc, come in as a close second.

    -t

  4. #3
    Oh, keep your tub clean and at the first sign of trouble fill it. Get one of those 6" seal around stoppers.

    You're water heater is your friend. So is the toilet tank. If you have a swimming pool, you have it made! As long as you don't treat the water. Double bagged, heavy duty lawn bags also make excellent water storage.

    You can survive 3 days without water.
    3 weeks without food.

    -t



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