Forbes: Guns to Prepare for Global Economic Collapse

Daniel J. Mitchell, Senior Fellow at CATO, gives five reasons for opposing gun control. The first four have been widely debated for years. The fifth, and final one, is the result of fiat currencies, welfare states, short-sided politicians and the yammerheads that elect them. His preface holds the clue:

About a year ago, I spoke at a conference in Europe that attracted a lot of very rich people from all over the continent, as well as a lot of people who manage money for high-net-worth individuals.

What made this conference remarkable was not the presentations, though they were generally quite interesting. The stunning part of the conference was learning – as part of casual conversation during breaks, meals, and other socializing time – how many rich people are planning for the eventual collapse of European society.

Not stagnation. Not gradual decline. Collapse.

As in riots, social disarray, plundering, and chaos.

Prepare. If TEOTWAWKI doesn’t happen you will have lots of ammo to support your shooting addiction for years to come. But if it does you will at least have a fighting chance of surviving.

Posted December 24th, 2011 Filed in Economics and the Economy, Second Amendment