Preparing for the Financial Collapse…..NO # 2

  Gotta tell you, when I usually start talking about a Financial Collapse in the USA, the  Normalcy Bias is usually exhibited by people. For those who do not know what the Normalcy bias is, here you go,

  The normalcy bias refers to a mental state people enter when facing a disaster. It causes people to underestimate both the possibility of a disaster occurring and its possible effects. This often results in situations where people fail to adequately prepare for a disaster, and on a larger scale, the failure of the government to include the populace in its disaster preparations. The assumption that is made in the case of the normalcy bias is that since a disaster never has occurred then it never will occur. It also results in the inability of people to cope with a disaster once it occurs. People with a normalcy bias have difficulties reacting to something they have not experienced before. People also tend to interpret warnings in the most optimistic way possible, seizing on any ambiguities to infer a less serious situation.

  Okay,….. so having set the stage here’s what usually happens. They look at you like your Tin-Foil hat is a little tight and quickly change the subject, or, try to find a way to get away from you as what you are saying,….. in no uncertain TERMs…. is UN-thinkable. (You instantly gained KOOK Status)… In other words, there is NO Freaking Way on this earth, that what your proposing is a possibility.

  The reason I am mentioning this is, before you can prepare for something, you need to know the extent of what you are facing. You have to accept the possibility that this is a real. Let me give you an example. Five or six years ago……. if some one would have told you GM was going to go Bankrupt, what would your response have been? Most people would not even entertain the possibility of this happening yet it happened didn’t it? I remember reading articles in the financial press that gave you every reason why this would never happen……so the key here is accepting the possibility that this can happen.

  Next, you need to do your own “Due Diligence”. What this means is, don’t take my advice or anyone else s. Do your own homework, find out  for yourself if,….. what we are espousing is the truth. Look …there are plenty of signs. At the end of April, the S&P rating agency issued a warning to the USA government that if we didn’t get our house in order financially as a country, our debt would be down graded. This week Moody’s followed suit but they differed with the S&P by putting the precondition on that they had to see meaningful action by the middle of this summer. (Good Luck with that one)  Whats really a joke about this is, where the hell has Moody’s and S&P rating agency been? We…as a country have been spending money we didn’t have for years why here? Why Now?

  Well the reason Why Here…and Why Now are the simple fact that we,…..as a country,… are coming to the end of our financial rope. By this I mean, we have such an exorbitant amount of debt, that the servicing of the debt, becomes greater and greater. Couple this with the spending on entitlements and the next thing you know, your broke. Now look,…… there are a number of other things we, as a country spend money on besides the ones I have mentioned, Its just these two amount to a lot of money.

  Okay…. so lets talk about preparation. Before I get into the nuts and bolts of preparation, let me mention a couple of things. First, never underestimate how long TPTB (the powers that be) can keep the game going. The lies and deceit have been coming fast and furious. Let me give you and example. Since some time in 2009 we have heard the recession is over. Yeah baby….everything is beautiful man…..Yep…and Unemployment was improving and… Wow…things were great right?

  No one wanted to talk about the price of Gas (4.00+) a gallon, one one wants to talk bout the cost of Food, no one wants to discuss anything which puts a lie to what the government would have you believe. The Main Street Media is missing in action on this one. Actually , they are not missing in action, they are too busy Shilling for this Joke of a President that they don’t have any time to look or comment on anything else. Besides if they did, Ole Barry may not get elected again and then what would they do? So let me ask you the same question Groucho Marxx asked in one of his movies, “Who you gonna believe me or your Eye’s” I think you know. They say one thing, reality is different. You only have to look at the economic news which has been leaking out this week. The economic situation across the spectrum from Employment to housing is horrible…but hey …..who you going to believe???????

 

RPalick

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