Quote:
Originally Posted by LBear
Some want to attribute a "Paul Revere" status to themselves.
Psychologists say that a mind steeped in negativity will only worsen one's survival chances in the world today. Being aware & prepared are quite different than being in a negative mindset.
During WWII, people knew things were bad. Imaging living in America and having a neighbor next door to you who constantly repeats himself about the war and its pain, suffering, causalities, death, each and every day you see him. The only "news" he reports is bad news and you can't get a positive comment out of him. One would avoid such a neighbor. As in society today, those type of people attract other doomers and gloomers, but they are avoided by others who get tired of their negativity.
Things are bad, after 860 posts, we get the point.
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Well, I would like to think that Paul Revere made his ride for reasons other than "attributing a status to himself."
This thread is not about "things are bad." One need only to go to the gas station or supermarket, or check their last IRA mutual fund statement to know that. It's more a discussion about where things could be headed, and how to cope/prepare for those sorts of possibilities. There are so many Americans that don't cast a second thought at debt for houses, debt for cars, debt for college, debt for furniture, debt for medical expenses, debt for vacations, debt for home renovation, debt for boats, debt for motor homes, debt for country club memberships, debt for dental work, debt for Christmas gifts, debt for cell phones, debt for utility bills, debt for fillups at the gas station, and even debt for fast food. For those people, the message is more along the lines of "Life is tough...but it's tougher if you're
stupid."
And some with a clue who trip across a discussion like this, just might stop and pause, and maybe critically think through where they are and how they approach their financial security in this "new world," much of which we've seen before if we stop and look back at history. For most, it'll be a self-centered exercise of how to avoid the vortex of this economic s***storm. For others, maybe some thought might go into how we start to reshape the world we live in based on some realities just now starting to sink in. I realize there aren't many who actually do much to try and shape the world around them...but one can hope there are still a few left that haven't found corporate sponsorship yet.
Anyway, negative behavior will produce negative outcomes. Debt, excess, and lack of any sort of contingency planning will bite millions square in the ass in the days unfolding before us. It's never too late to move off of the fault line.