On Friday, February 24th, legislators in the state of Wyoming began passage of a bill that will launch a study to determine how the state would deal with a complete economic or political collapse in the US. The state of Wyoming is just one of several states across the country seeking ways to deal with the very real potential of an economic collapse as debt and dollar devaluation threatens the monetary fabric of American society.
House Bill 85 passed on first reading by a voice vote. It would create a state-run government continuity task force, which would study and prepare Wyoming for potential catastrophes, from disruptions in food and energy supplies to a complete meltdown of the federal government.
The task force would look at the feasibility of:
Wyoming issuing its own alternative currency, if needed. And House members approved an amendment Friday by state Rep. Kermit Brown, R-Laramie, to have the task force also examine conditions under which Wyoming would need to implement its own military draft, raise a standing army… – Trib.com
While the state of Wyoming is in the early stages of determining a course of action in the case of economic collapse, three other states in 2011 have debated and passed legislation to legalize the use of gold and silver as currency in intra-state transactions. Utah, Virginia, and North Carolina have proposed or are implementing these programs right now, and as dollar devaluation from the Federal Reserve increases, many other states could join in on the discussion.
Besides state legislatures, individuals are recognizing the growing potential for a national or global collapse of economic and political stability. Since November of last year, background checks for gun purchases have increased over the past several years, and disaster preparedness gear made up a large portion of items bought during the Christmas holiday shopping season.
The threat of local and national economic collapse is no longer a conspiracy, as just last week, Stockton, California became the third major city, along with Harrisburg, Pennsylvania, and Jefferson County, Alabama to prepare for, and declare bankruptcy. This does not include the decline of cities such as Detroit and Baltimore who are pulling back city services in large portions of their municipalities, and leaving large areas open to crime and urban decay.
Western states such as Wyoming and Utah carry a self-reliant spirit that is often not found in major cities East of the Mississippi which rely heavily on government benefits and welfare for sustainability. And as the potential for economic collapse increases four years after the credit crash of 2008, some states are choosing to prepare for that collapse in the face of a national government unable and unwilling to support citizens over corporate and bank bailouts.