Some suggested reading ..

In the face of political impotence, resource depletion, and catastrophic climate change, many of us have become reconciled to an uncertain future. However, popular perception of how this future might actually unfold varies wildly from "a severe and prolonged recession," to James Howard Kunstler's "long emergency," to the complete breakdown of civilization. In The Five Stages of Collapse , Dmitry Orlov posits a taxonomy of collapse, offering a surprisingly optimistic perspective on surviving the sweeping changes of the day with health and sanity intact.

Arguing that it is during periods of disruption and extreme uncertainty that broad cultural change becomes possible, Orlov steers the reader through the challenges of financial, commercial, and political collapse. He suggests that if the first three stages are met with the appropriate responses, further breakdown may be arrested before the extremes of social and cultural collapse are reached.
The Five Stages of Collapse: Survivors' Toolkit: Orlov, Dmitry: 9780865717367: Amazon.com: Books

Dmitry Orlov (writer) - Wikipedia

ClubOrlov

He chronicled his EXPERIENCE during the Soviet Union collapse.

I read all of his stuff back in 2008, during the financial collapse. Of course "we" didn't collapse in 2008, "they" called it a recession but for many it was a personal collapse, loss of job, home, social standing, etc.

Takeaway, short story:

Physical resources and assets, as well as relationships and connections are worth more than cash and those who know how to "do it themselves" and operate on the margins of society will do better than those whose incomes and lifestyles have plummeted.