Five Actions to Take Before the Debt Apocalypse

by Nomi Prins
Daily Reckoning

As mentioned in my earlier piece Four Horses Of The U.S. Debt Apocalypse, understanding how the debt systems are connected means that you can not only survive the looming threat crisis, but also take steps to avoid the fallout and come out ahead.

Here are the five practical actions you can take now to shore up your own finances. I would classify these as actions for the risk-averse. Using these steps, you can beat banks at their own game, be proactively defensive and save money, regardless of rate hikes.

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