No matter what negative impacts an economic downturn will bring, we can and should prepare for every possible survival situation. There are little things you can do every day to prepare like save extra money or stockpiling non-perishables. We can't predict when the next recession will be, but we can prepare for it.

Now for the 7 signs of economic trouble:

1. Overall, the government of Puerto Rico owes approximately 72 billion dollars to the rest of the world. Without debt restructuring,
it is inevitable that Puerto Rico will default. In fact, CNN says that it could happen by the end of this summer.

2- Standard & Poor’s slashed Greece’s credit rating once again and publicly stated that it believes that Greece now has a 50 percent chance of leaving the euro.

3- Greek banks were totally shut down, and a daily cash withdrawal limit of 60 euros has been established.

4- The Bank for International Settlements has just come out with a new report that says that central banks around the world are “defenseless” to stop
the next major global financial crisis.

5- U.S. investors are far more exposed to Greece than most people realize.

6- After Greece, Italy is considered to be the most financially troubled nation in the eurozone.

7- Greece was scheduled to make a 1.6 billion euro loan repayment. One Greek official has already stated that this is not going to happen.

The aforementioned 7 signs are just the beginning. We can expect to see more problems this year and in the future. If you want to learn about 7 more signs, check out Activist Post.