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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (10820)10/30/2006 2:01:09 PM
From: Maurice Winn  Respond to of 217732
 
What's wrong with a 10 year old car? <People are driving the ten-year old car. > NZ is full of much older than that.

Mqurice



To: elmatador who wrote (10820)10/30/2006 2:10:30 PM
From: Maurice Winn  Respond to of 217732
 
Survival and fear certainly keep my eyes peeled. < how people changed after 1929 bust and the Great Recession and still feared it decades after it ended.

Collapse strikes fear and motivate people. People get motivate to do things they have never contemplate before. Fear is the best motivator of all and collapse gives a lot of motivation to do things they’ve never thought capable of doing before.
>

I didn't even live through it, but my parents did, and WWII [and WWI aftermath]. By their examples and ideas, they instilled in me the fear of it all.

I used to dig underground bomb shelters [which doubled nicely as club huts while waiting for the nuke] and have always saved to survive the next big depression. It'll come, but the younger generation does NOT have it even in their imagination, which makes it much more likely. They all live as though they are rich and nothing can go wrong.

Mqurice



To: elmatador who wrote (10820)10/30/2006 9:41:08 PM
From: energyplay  Read Replies (1) | Respond to of 217732
 
Thanks for the detailed time line.

There's a brief window between Stage 1 (denial) and Stage 2 (start of panic) when one can get out of expensive stocks, real estate, and other commitments with only a moderate and painful loss, instead of the near total loss a short time later.