The financial world we live in is just as wild, if not more, than the mountains and woods we walk through. We are told that the fundamentals of our economy are strong, but we can feel that something is wrong. My unique financial background and survival passion make Financial Survivalist and excellent place to learn and share.

Monday, July 16, 2012

What Are The Chances?


I've been thinking lately, "What are the chances of of global or massive catastrophe?" It seems like the number of people that are prepping for some kind of catastrophe increases every day. But how realistic are these fears?


So I did some research. The best source I found was Wiki (Risks To Civilization) of course. It is a very good article that goes over several different possibilities and the likelihood of them occurring. I did my best, but of course wiki is better. The answer I found is that there is less than a 20% chance over the next 100 years that a large scale catastrophe will hit the earth.


But does that even matter? Personal catastrophes happen every day! Cancer, car accident, job loss, fire and weather; you name it and it happens to individuals every day. To prep for an asteroid or nuclear war and not prep for a fire in your home or even a job loss is ludicrous! Many of these preps go hand in hand, but it is important that we keep perspective.


Notes and Sources:


Super Volcano Every 50000
Yellowstone
Toba Catastrophe Theory


Giant Asteroid Every 1 million years.
Other Source


Massive Solar Flare 12% over the next 10 years.


Economic Collapse


Pandemic


Nuclear Fallout/Global War


Global Warming / Climate Change


World Crop Failure

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