Sunday, January 29, 2012

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The Normalcy Bias


Here is an excerpt from a newsletter/advertisement that I read concerning the current state of economic affairs in the United States. I found it useful in gaining an understanding of what may shortly come to pass in America for those trying to prepare. Note; I know nothing about this firm and am neither reccomending their services or not reccomending them.

...The REAL State of the U.S. Economy

I know many of my friends, colleagues, and family members are still in serious denial.

In the world of psychology, they call this the "normalcy bias."

You see, the normalcy bias actually refers to our natural reactions when facing a crisis.

The normalcy bias causes smart people to underestimate the possibility of a disaster and its effects. In short: People believe that since something has never happened before... it never will. We are all guilty of it... it's just human nature.

The normalcy bias also makes people unable to deal with a disaster, once it has occurred. Basically... people have a really hard time preparing for and dealing with something they have never experienced.

The normalcy bias often results in unnecessary deaths in disaster situations. For example, think about the Jewish populations of World War II...

As Barton Biggs reports in his book, Wealth, War, and Wisdom: "By the end of 1935, 100,000 Jews had left Germany, but 450,000 still [remained]. Wealthy Jewish families... kept thinking and hoping that the worst was over...

Many of the German Jews, brilliant, cultured, and cosmopolitan as they were, were too complacent. They had been in Germany so long and were so well established, they simply couldn't believe there was going to be a crisis that would endanger them. They were too comfortable. They believed the Nazi's anti-Semitism was an episodic event and that Hitler's bark was worse than his bite. [They] reacted sluggishly to the rise of Hitler for completely understandable but tragically erroneous reasons. Events moved much faster than they could imagine." This is one of the most tragic examples of the devastating effects of the "normalcy bias" the world has ever seen.

Just think about what was going on at the time. Jews were arrested, beaten, taxed, robbed, and jailed for no reason other than the fact that they practiced a particular religion. As a result, they were shipped off to concentration camps. Their houses and businesses were seized.

Yet most Jews STILL didn't leave Nazi Germany, because they simply couldn't believe that things would get as bad as they did. That's the normalcy bias... with devastating results.

We saw the same thing happen during Hurricane Katrina...

Even as it became clear that the levee system was not going to work, tens of thousands of people stayed in their homes, directly in the line of the oncoming waves of water.

People had never seen things get this bad before... so they simply didn't believe it could happen. As a result, nearly 2,000 residents died.

Again... it's the "normalcy bias."

We simply refuse to see the evidence that's right in front of our face, because it is unlike anything we have experienced before.

The normalcy bias kicks in... and we continue to go about our lives as if nothing is unusual or out of the ordinary.



Well, we're seeing the same thing happen in the United States right now. We have been the world's most powerful country for nearly 100 years. The U.S. dollar has reigned supreme as the world's reserve currency for more than 50 years.

Most of us in America simply cannot fathom these things changing. But I promise you this: Things are changing... and faster than most people realize.

For a moment, just look at a tiny fraction of the evidence around us.... Stanberry's Investment Advisory
BTW; I am working on a couple of "Big" posts that have major prophetic implications and the devil is fighting hard against me--your prayers are appreciated.
I just completed the Post entitled Comet Elenin and the Pole shift Theory; 3/15/2011 and beyond. I experienced much satanic opposition in completing that post.

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Posted by William Frederick, M. Div. at 11:34 AM
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