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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: No Mo Mo who wrote (15630)6/21/2004 1:46:55 PM
From: NOW  Respond to of 110194
 
cognitive dissonance is powerful stuff



To: No Mo Mo who wrote (15630)6/21/2004 3:44:09 PM
From: glenn_a  Respond to of 110194
 
No Mo Mo.

((I think it's more inertia than anything else. When it's a choice of going with what you know versus taking a chance on change, folks will leave "well enough" alone.....until it's intolerable.))

I think that sometimes it is indeed a crisis that forces reexamination of one's deeply held assumptions, prejudices, and tenets. Which is why I feel a rupture of the global financial system could well produce positive reexamination of alternatives to building a global society.

Unfortunately, such crisis can also involve much suffering as the superstructure of one order evolves to that of another - witness the English Civil War, the French Revolution, the American Revolution, the Russian Revolution, WWI, the Great Depression of the 1930's, the rise of Fascism in the '30s, WWII, the Chinese Civil War between the Communists and the Nationalists, and the Chinese Cultural Revolution. Change can be very hard indeed. But in the end, it occurs whether we want it to or not.

Regards,
Glenn