US economic collapse would destroy the supply and eliminate access to food and water
Amadeo, 22 --- Kimberly received her master's in business administration from MIT's Sloan School of Management and has Over 20 years of senior-level corporate experience in economic analysis and business strategy (Kimberly Amadeo, "Can the US Economy Collapse?", 3-4-2022, Balance, https://www.thebalancemoney.com/u-s-economy-collapse-what-will-happen-how-to-prepare-3305690)//EG
If the U.S. economy were to collapse, you would likely lose access to credit. Banks would close. Demand would outstrip supply of food, gas, and other necessities. If the collapse affected local governments and utilities, then water and electricity might no longer be available. A U.S. economic collapse would create global panic. Demand for the dollar and U.S. Treasurys would plummet. Interest rates would skyrocket. Investors would rush to other currencies, such as the yuan, euro, or even gold. It would create not just inflation, but hyperinflation, as the dollar would lose value to other currencies. If you want to understand what life would look like during an economic collapse, think back to the Great Depression. The stock market crashed on Black Thursday.3 By the following Tuesday, it was down 25%. Many investors lost their life savings that weekend. By 1932, one out of four Americans was unemployed.4 Wages for those who still had jobs fell precipitously—manufacturing wages dropped 32% from 1929 to 1932.5 U.S. gross domestic product was cut nearly in half. Thousands of farmers and other unemployed workers moved to California and elsewhere in search of work. Two-and-a-half million people left the Midwestern Dust Bowl states.6