[Kartographer]

Look up 'Nomalcy Bias'

“There is no greater disaster than to underestimate danger. Underestimation can be fatal.”

[Kartographer]

Prepper’s Ping!

[cuban leaf]

Anybody remember that scene in the movie, The Pianist, where he is asked to stop playing so a couple of guys can bounce some gold coins to see if they are real?

I think that in a way, we are there now.

[Kirkwood]

Baloney. If they had any money in investments for retirement, they have been significantly affected.

[Paladin2]

"Their experience with the poor economy is second-degree… what they read in the papers or see on TV. But overall they live in a bubble."

Perhaps they live a more prepared, conservative life.

[Winstons Julia]

The gorilla in my room is named “Obadiah” and he keeps pestering me to get a Wii.

[Cold Heart]

I see normalcy bias people, and some of them, they don’t know they are normalcy bias.

[PeterPrinciple]

The same thing happens when a nation collapses. Everything is fine until it isn’t. Look at how quickly the situation deteriorated in Greece. Or Argentina.

---

I was in Mongolia after the collapse of the Soviet Union. Visited one of the former state run farms, these were huge operations. I walked through one large livestock building, it was stripped. My eyes started at the top and worked down and you could just imagine what happened when the phone call came that USSR was broke. Upper Management grabbed all the cash and fancy cars. Middle management grabbed the machinery and livestock. The employees were the last to know and grabbed what they could. Then my eyes looked down and saw that the manure chain was still full. NO ONE RAN THE MANURE CHAIN THE LAST TIME - IT HAPPENED THAT FAST.

The upside is that life went on, it wasn't the same but it went on and that will be true for us also.

[G Larry]

In fact, these are the people managing the business at hand.

They have the means to expand their business, but will not do so because everyday reveals another unanticipated cost of doing business, due to regulation or threat of new taxation.

Key to a successful business is managing risk, which means bounding the uncertainty to which you expose your enterprise.

[blam]

Rush just said that the world is on the verge of a worldwide collapse...AND, Rush is 98.8% correct, right?

Are You Prepared For What’s Coming?

[vanilla swirl]

Bank run yet?

[Graewoulf]

Thanks for posting this thread.

Simon Black writes “This is the point of no return. Examining the long and distinguished list of countries over the last 800-years that have been in this position before, there is hardly a single example of a nation escaping default and/or hyperinflation. This time is not different.”

I call that a good description of our terminal financial death spiral.

Read more: http://www.sovereignman.com/expat/can-you-see-this-gorilla/?utm_source=rss&utm_medium=rss&utm_campaign=can-you-see-this-gorilla#ixzz1dzqNtKrD

[GlockThe Vote]

Great quote

[Dubya-M-DeesWent2SyriaStupid!]

People are clueless.I saw a local news report that more people are traveling for turkey day tired of having no money.People will still spend money to keep them not so depressed.