Collapse

When the economy takes a downturn, it enters a phase known as a recession. A recession is a significant decline in economic activity that lasts for a sustained period.

Economic distress comes and goes, some bouts are felt harder than others. However, no matter the number of experiences one has with it, just hearing the word "recession" or "economic collapse" can cause the hair on the back of your neck to stand up.

The windows, and the back door are not the only places burglars can get into your home and life. The ultimate “backdoor” is the security lapses in with your internet, your cyberspace.

While the days of the Great Depression have long passed, recession and financial crises are still prevalent. In a modern world of credit cards, government benefits, and stimulus checks; recognizing modern economic collapse can be tricky.