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What If “It” Doesn’t End With a Bang But With a Whimper? Mind Games - Chapter Two of Two

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What If “It” Doesn’t End With a Bang But With a Whimper?

Mind Games - Chapter Two of Two

 

“It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.” – Mark Twain

 

May I suggest the reader begin with Chapter One (link below) before progressing further in order to fully understand my meaning when I use various terms or phrases in this essay.

http://www.zerohedge.com/article/what-if-%E2%80%9Cit%E2%80%9D-doesn%E2%80%99t-end-bang-whimper-mind-games-chapter-one-two

I started Chapter One with a simple declaration. The more certain I am that I’m right, the greater the probability I’m wrong. I shall continue that discussion in this final chapter, but with particular emphasis placed on questioning the majority held opinion that The Crash, defined as a relatively quick decline of the economic and social systems, is coming.

Rather than try and define the hundreds of variations of how “It” might play out, let’s just say that for the purpose of this essay, the opposite of The Crash is a much longer and slower decline peppered with a few rapid plunges along the way.

Could the Zero Hedge consensus view be wrong? Is everyone keying off the collective bias and missing signs that the crash might play out as a slow exhalation of air and bubbles as The Empire sinks slowly beneath the waves? It’s quite possible this is what’s going on despite occasional rapid drops. Rather than look at the mechanics, it’s far more intstructive to examine our own psychology. After all, it’s the human psyche that’s the ultimate source of the instability that drives the decline and fall.

Layers of Self Deception

It makes it so much easier to deal with life’s ugly inconsistencies when we can sweep them under the intellectual rug. And it all happens in seconds with barely a blip in our blood pressure. The really tough dissonances might take a little longer, but never underestimate our capacity for self deception. And this cognitive tango is always running in the back ground with very little conscious awareness. Unless, of course, we train ourselves to see what’s going on. But who’d want to do that?

Since recognizing these cognitive gymnastics and then compensating for them requires self examination and personal courage, is it any wonder the average Joe’s worldview is distorted? It may come as a shock to learn that for all of us, our worldview isn’t affected so much by a lack of information as our lack of desire to (re)examine, update and accept it. The only information vacuum we live in is the one we create between our ears.

Maybe it’s time to question our fundamental beliefs in the face of a relentless Ponzi. We claim private and governmental interests are pulling a confidence game on the public and that we’re not fooled by it anymore because we clearly see the deception. But is this really the case? How deep down the rabbit hole have we gone and how many holes are there anyway?

For many of us we’ve gone just far enough to confirm our basic suspicions, but not so far as to face some really ugly realities. Or to be fair let’s call them ugly probabilities. We’re willing to think outside the conventional wisdom box, but not too far out. I mean, let’s be reasonable here, some things are just crazy right? But when we offer that excuse, are we respecting society’s reasonable boundaries or our own emotional limits? In most cases I’d say it’s the latter.

We construct and maintain our belief system and worldview not in order to understand reality, but to protect us from the emotional trauma inflicted upon us by reality. We’re taught a fairy tale from birth of how the world and our country functions, including a propagandized and mythical history. For many of us, we spend our lives defending that fairy tale as best we can with the only tools at our disposal, primarily denial and the quasi fantasy world we’ve constructed that we call our belief system.

Don’t get hung up on the word “fantasy” because we’re not talking about absolutes with regard to denial, but rather shape shifting and blurred lines. Since we all see the world differently, it can be argued that while there are many agreed upon “facts” we all share within the consensus reality, there’s plenty of wiggle room for deviation and denial, particularly if we’re the judge, jury and executioner of our own specially constructed inner world.

After all what is denial, but simply an altered perceived reality, our version of what’s real and what’s not as seen through our own infinitely variable cognitive filters? We all own a pair of rose colored glasses that are completely customizable and personalized. One might say that denial is self inflicted propaganda for it serves the same purpose as corporate and governmental propaganda, that of spinning the (ugly) truth into something more palatable.

As we grow, and as needed to survive and thrive, we modify and alter our beliefs to accommodate “the real world”. But we do this begrudgingly and only when we’re left with little or no choice. Most importantly, rarely do we apply logic and consistency to the process nor is there an annual review or a ritual spring cleaning.

Like a partially formed gaseous monster straight out of Star Trek, denial has few clear boundaries or sharp edges. It expands and contracts to fill the emotional needs of its user and it rarely can be positively identified or quantified as this or that fact based truth. However, the key ingredient to denial is convincing ourselves that truth is all we deal with. This nebulous quality is what gives denial its enormous power to leap tall dissonances in a single bound. We may power it, but for the most part denial controls us.

In a positive defense of denial, it can be used as part of a suite of cognitive tools to help absorb new or different perceptions into our belief system. Think of using denial as a holding pattern while we attempt to land new information for assimilation. The problem begins when we become trapped in the holding pattern and are unwilling to accept the differences or reject incorrect beliefs. We then become mired in the muck of our rigid belief system and denial is no longer used as a bridge but as a dam.

Bending in the Wind

When we read or leave comments on ZH that contain the words “I’ll never believe” or “You’ll never convince me” or “That’s impossible” or the classic “I just can’t believe” we know there’s further to go down the rabbit hole and it’s not information that’s holding the person back so much as denial. Terms such as those above are not learning phrases used by an open mind to expand the inner universe, but full stop rejections used to protect a closed mind under attack.

An extremely important concept to understand about denial is that it’s not an all or nothing proposition. There are multiple levels, degrees and side channels to denial. So when conflicts are overwhelming, we’ll concede select points in order to keep others hidden. We’re more than willing to lose a cognitive battle to win the denial war. And denial isn’t black and white, but a hundred shades of gray. So to say someone’s in denial doesn’t mean they refuse to deal with everything, just certain select parts and subtle variations.

The enabling power of the denial process is convincing ourselves we’re not in denial. Thus it’s imperative that we accept certain facts while others are colored or phase shifted to blur the lines in order to introduce a key ingredient of self deception, that of plausible deniability. In addition, we have a remarkable capacity to compartmentalize contrary pieces of information from each other and ourselves. This allows us to hold incompatible and contrary views or beliefs on the same subject at the same time and literally think nothing of it.

For Example

A widely held and glaring example of inconsistent or contrary views is that after decades of abuse, many people now firmly believe their government (along with people in and out of the government) has repeatedly lied to them. They know their government will harm them, even going so far as to silence people by destroying them professionally or by reputation. Or even kill them if they present too much of a threat to power. Many now believe their government has repeatedly deceived them, fabricating “evidence” in order to drive the country into war or prolong and/or escalate war.

They realize that the government manipulates statistics about the economy, including allowing companies to cook their books to show (better) profits through national security directives. That they now overtly and covertly manipulate domestic and foreign stock, currency, commodities and precious metals markets to further their goals. And that they do so under cover of national security, saying in effect that the more they meddle, the more they must continue to meddle.

The government lies about the condition of the environment, the BP oil spill, national health issues, spying on its own citizens, torture and rendition, weapons of mass destruction, the list is endless. More and more people are beginning to comprehend that the government will rob the many to benefit the few and will hurt or kill those in its way.

People not only don’t trust the government, but they’re down right frightened of the government and for good reason. They’ve come to believe that the government is lethal to them, a remarkable admission considering it’s such a deviation from the public myth they’ve been indoctrinated into since grade school. This is a very sobering realization and one you’d think would have fully shaken them awake.

The (Cognitive) Border is Closed

But in many cases, people will only acknowledge emotionally difficult insights contingent upon rejecting others they consider far worse. This internal negotiation is carried out in a back room bargaining session with themselves, often with little awareness to guide the horse swapping other than a primal fear that’s driving the urge to hide or get away. But ultimately where do we go when we live within, and depend upon, that which we fear?

Most likely as a form of emotional self defense, many of these very same people desperately wish to believe their government (along with people in and out of the government) would never willingly ignore, encourage, support, promote or execute (false flag) attacks against its own citizens in order to further various goals or objectives, either private and/or governmental.

In other words, they chose to believe there are moral, legal, and physical boundaries that those in government, as well as their political allies and (corporate) enablers, just won’t cross. They in effect wish to believe that the sociopaths running the show will respect certain select moral and legal lines drawn in the sand by society and the governed. That the powerful in and out of government can and will kill a few, but not more than a few, that they will defend their hold on power, but only up to a certain point.

These people admit the government may have crossed these lines in other countries in the past and may still cross them today. And that they might have crossed these lines here in America deep in the distant past. However, distant is usually measured as being longer than they’ve been alive, thus making these transgressions emotionally safer.

Remember again that the perception of personal risk or safety is a function of proximity to the risk. So the further away in time they can pretend the government has violated “the rules”, the lower the personal risk appears to the denier that the government might again violate “the rules”. This allows us to believe that our present administration is the softer kinder sociopathic version (44.0) and really doesn’t have its citizens by the throat.

Or maybe they need to be further from the fact that they were asleep at the wheel, ignoring the obvious or inevitable while it occurred and thus potentially responsible, even if only morally. After all, a popular public sport is to claim we didn’t vote for so and so after the shit’s hit the fan. People in denial are very keen to avoid personal responsibility that might lead them back to their own denial.

Even after admitting all of the above, they still insist the government would never engage in this type of behavior today nor did it ever do so in the recent past, meaning within their adult lifetime. It would be too close for comfort otherwise and to seriously entertain this idea would overload and crash their cognitive process as well as their sense of personal safety. Thus the reason we read the “I can’t believe” and “You’ll never convince me” statements declaring a cognitive dissonant impasse and emotional safety. We all desire our comfort stories.

This “belief” is glaringly inconsistent, logically suspect and strikingly narrow. And not surprising at all considering most of us still wish to believe we live in the America of our history books and public myth and not in a South American banana republic with nuclear weapons and a reserve currency. Perception is reality, thus I control what I believe and what I perceive.

Which begs the obvious question? Whose line in the sand and what forbidden boundaries are we really talking about here? The ones we believe the government won’t cross, the ones we don’t wish to admit have recently been crossed or our own emotional boundaries, the ultimate do not enter stop sign?

This is a reasonable question because a brief look at history offers up dozens of publicly disclosed examples of major lines in the sand repeatedly crossed by so called democratic or representative governments, including the USA on multiple occasions. I say this not to define who’s right or wrong, but to declare under no uncertain terms that if we’re not being consistent in our thinking, if we’re unwilling to honesty assess all information at our disposal, if we’re being selective in when we apply logic, that this is a major signal that there’s denial blocking the way forward.

You Can’t Make Me, You Can’t Make Me

For those who (understandably) can’t accept such a horrifying thought and all its ugly implications, it’s rejected outright as impossible or crazy. We can always come up with a thousand reasons or explanations to reject something in order to place as much emotional distance as we can between the frightening reality we’re denying and ourselves. Again, one sees this all the time with posts that begin with “You’ll never make me believe” or “Nothing you show me will ever prove” or “I just can’t believe”.

The person making these statements is declaring that any information contrary to their emotionally safer worldview will be promptly rejected without an unbiased assessment. This is not an open mind on display, but rather a mind whose steel trap is firmly welded shut. The information is too frightening to even be fairly considered, so it’s rejected outright before it ever crosses the cognitive threshold.

“You’ll never convince me” is the sign that the mental deck is stacked. Yet after these people have finished the initial denial process and have regained their emotional composure, they consider themselves to be fair and open minded and willing to discuss anything, just as long as it’s “reasonable”. They declare that any information that opens the emotionally uncomfortable box they just closed as crazy or unreasonable or unconfirmed or whatever it takes to keep the monster at bay.

They make their own cognitive rules, which they then use to judge the quality and acceptability of the information. And the rules will always say this information isn’t going to be allowed. It helps immensely if others in their social peer group as well as their leaders affirm their decision that some information’s off limits. Thus we understand the critical need for leadership and its enablers to establish the public myth and to lie in public and on the record.

This is done both in the run up to and after the limits have been violated and the lines crossed. Leadership declares for all who wish to believe the lie what’s socially acceptable to believe and what’s not. This is also the purpose of “blue ribbon” fact finding commissions, the so-called independent experts and authorities. Their primary job is to explore, modify and, after a few shocking “mistakes” have been revealed to allow us the fantasy they did a thorough job, ultimately bless the overall official public myth and lies.

The person in denial is looking for permission or affirmation from an outside (of their own mind) authority that his or her denial is emotionally, socially and morally OK. Obviously, this doesn’t apply to the sociopaths. When we’re in emotional distress or acting in a morally or socially suspect manner, we seek comfort and affirmation from authority figures that we’re in the clear and any guilt is unwarranted. This is why I often write “Daddy, tell me another lie so I can believe it’s the truth.”

Think back to when your own children were very young and they were emotionally insecure or afraid. They were especially eager for you to (re)affirm them in their own denial or to reassure them they were OK, particularly if it was about their own self image, stature or safety. Children aren’t the only emotionally insecure people who wish to be reassured, particularly when they’re in denial.

At one time or another, we’ve all been in a shaky relationship where we made the choice to accept a lie rather than face the truth. Since we all wish to believe we’re strong and mature it’s difficult to accept that we often act infantile and needy. Thus we’ll even repress the understanding of that basic emotional need if awareness leaves us vulnerable.

For those who don’t engage in this level of denial, or more realistically don’t admit they engage in this level of denial, my explanation sounds suspect and “unreasonable”. After all, well educated adults don’t act this way. But this cognitive process is well understood, particularly by the psychological warfare and social control experts who use the knowledge of our inner disorder against us to manipulate and control. This is why I talk about knowing yourself. One can only be violated when one doesn’t understand how and why it’s occurring.

These layers of subtle self bargaining and authority approval seeking are an example of the seductive and insidious nature of denial. And to the person employing it, it all sounds perfectly reasonable. How often do we see directly after the post “I’ll never be convinced” the statement that “It’s not me that’s the problem here because I’m opened minded. It’s you and your crazy information that’s the issue.”

Our worldview is constrained and maintained by ourselves, not by outside forces, regardless of the grand tales we tell ourselves about how fair and honest we are when viewing the world. A sympathetic soul might say “We tell ourselves little white lies occasionally so what’s the big deal? Everybody does it.”

This is precisely where denial begins, with little subtle deceptions that are “harmless” or “inconsequential”. We allow ourselves the comforting self deception that small lies don’t lead to big ones and we can stop lying to ourselves any time we want.

Self Psyops and Propagandizing Oneself

We have met the enemy and the enemy is us. This is why there’s a never ending supply of fall guys and patsies pushed to the front of the public perception as foils and enablers for our own self deception. Why beat ourselves up when we can hate someone else.

We’re all desperate to some extent or another to deny a very basic reality. Psychological warfare is used against us by our government and private interests to manipulate and control, by our social control systems to pacify, maintain order and control, and by ourselves to deny and self deceive in order to live within the insanity and with ourselves.

It’s all about our individual and collective ego and our addiction to the natural dopamine high that supports and enables our denial. It feels so good to convincingly deny something that’s emotionally painful. And that good feeling comes from our endless natural supply of emotional pain killers. The crazier it gets in our real world, the more we’ll reach for the pain reliever that’s just a small denial away. Psychological warfare leverages our own failings by exploiting the age old adage that you can con a dishonest man.

An important part of individual denial is how it coordinates with society’s collective denial. Again, this is what I mean when I talk about the public myth and the keepers of the public myth. We as a society maintain half truths and outright lies about our history and ourselves in order to brush aside uncomfortable dissonances and unpalatable facts.

Our leaders lie to set the public myth in stone as well as to support prior or future lies. And once a lie is released by “reputable authorities”, the very fact that it exists and that it was recorded as “truth” because an “authority” spoke it, defies anyone to say otherwise. Are you calling the great and exalted authority a liar? Daddy doesn’t lie, at least not to the kids.

The public myth is always rigid and easily understood and many are deeply woven into our own personal worldview and belief system. “They hate us for our freedom” is one of the more egregious and nonsensical phrases that warms the cockles of our patriotic mythology. I wrote about this extensively in my “Welcome to the Insane Asylum” series as well as other articles.

Even those who feel a sense of social responsibility and wish to do something to stop this are beginning to pull in their horns and hide from the coming storm. When they begin to understand that the government is no longer just a roadblock, but a potentially lethal enemy, they discover within themselves a bone rattling fear of their government, their presumed protector.

This primal fear is something many people alive today have never experienced before. Sort of like waking one morning to discover that a mass murderer is sleeping next to you or down the hallway and across from the kids.

These realizations about our government’s motives and methods fly in the face of everything we’ve been told. It contradicts our social conditioning and mythology about a somewhat benevolent but bumbling government that eventually gets it right. Infinitely worse, and thus ever more frightening, it places upon us total responsibility for our own life, happiness and wellbeing. No more playing the victim and no more excuses since Daddy isn’t here to save us, but maybe even to kill us.

Don’t Ask, Don’t Tell

But does this creeping realization that we can’t trust our government anymore actually serve to feed our bias when it comes to The Crash? Since our instinct is to reject all official pronouncements and information coming from the government, is this tendency backfiring when it comes to our assessment of what’s coming and how it will play out?

In many respects, it doesn’t make any difference whether the governments lies or not with regard to longevity and stability when every other government is doing likewise. Remember that while we might not trust the government, many still do. Even those who don’t trust the government continue to act as if they do simply because it’s in their own self interest. Combine this with the natural inertia of continuing on the same path and there’s still plenty of momentum to keep this Ponzi churning for a long time.

The obvious question here is, are we thinking clearly and unbiased when considering the economic and social disaster we expect is just around the corner. Personally I doubt it. As I pointed out in chapter one, it’s easy to become biased and hard to recognize when we’re emotionally involved. Often we’re attracted to information that confirms our beliefs and regardless of how accurate it is, Zero Hedge and other contrary websites help us do this.

Even if we’re ultimately correct about the crash, it might make sense once in a while to check our assumptions. But do we really want to prove ourselves wrong? Naturally, we tell people (and ourselves) that we’re willing to admit when we’re wrong in order to maintain public (and internal) credibility. But often we engage in the illusion that we’re double checking, just like we did during grade school to fool the teacher.

If we’re serious and really do check, we might find something we don’t like which certainly won’t please us. No one likes to contradict themselves, especially when we’re emotionally involved. It’s so much easier to say we checked and that everything’s fine, then leave well enough alone.

That might also be why we hang around Zero Hedge so much, to allow us the illusion that someone else is on the case. And why some get nervous when it goes off line for any extended period of time. Where’s my ZH fix? Left alone without our constant spin and reassurance, doubt may seep in or we might start to drift from the message. Would we still be so resolute if Zero Hedge wasn’t here?

After all, on Zero Hedge we receive constant assurance that we’re right and they’re wrong. Plus we get to mingle with other like minded individuals, which lends us moral support and positive feedback. It’s all right there and everything we need, delivered up in 10 to 15 articles a day and a dynamite comment section. We’re in Nirvana, also known as our own little contrary universe.

Zero Hedge has just as much bias as CNBC, just in a different direction. Remember that the term bias doesn’t measure accuracy, just direction, momentum or magnitude. That’s just a statement of fact and not a condemnation of ZH or any other contrary website. One must always understand and compensate for the basis and bias of any information we consume. Just read the Zero Hedge disclosure.

Are we willing to subject our view of the coming crash to as rigid an examination as we do the Ponzi view? Or do we just assume the Ponzi is lying and declare anything opposite the lie must be the truth and the “real” reality? Is the real reality what we believe it “should” be or what it really “is” day to day?

Why do we think the “truth” will prevail? That’s not a foregone conclusion by any stretch of the imagination. Nor that exposing the “truth” will sink the lie that’s supposedly supporting the economy when it’s clearly in nearly everyone’s short term best interest to lie and live another day. Does “truth” always prevail or is that just another part of our individual and collective myth by way of our grade school conditioning and indoctrination? Here comes Mighty Mouse to save the day.

Why would we possibly think people are motivated not only to learn the “truth” but then live the truth? My personal life experience doesn’t support this supposition though I will admit it’s one of my comfort stories.

More to the point, the “truth” will not force the government to stop promoting a lie when to do so will put people in physical, emotional and financial peril, not to mention the leadership. We all understand that at times it’s so much easier to maintain the lie than to finally begin to speak the truth. So much needs to be undone and explained so why even try?

The government creates crisis after crisis to frighten the herd. And based upon every cowboy movie I’ve ever seen, stampeding herds just want the fear to go away. To think that at some point there will be such an overwhelming outcry from the public that the sociopaths will cease and desist and perp walk themselves to jail is beyond childish. Frogs in the bottom of a pot brought slowly to a boil don’t do much of anything other than complain about the weather.

Now that we know the “truth” and are some of the early adopters, are we acting to support the truth and stop the lies or are we just cueing up for another ZH exposé? Why do we expect others to act differently than we have acted once they learn the “truth”?

I’ve asked this question a few times before here on ZH as well as other places and I’m mostly ignored. It appears I’m cutting too close to the bone because while most won’t admit it, we seem to be waiting around for someone else to do what we don’t wish to do.

We claim to have truth and justice on our side, but just knowing the truth doesn’t stop the lies. There seems to be this belief that once the “truth” becomes widely known, reinforcements will swell the ranks and then we can strike at the belly of the beast. I suspect this is just another comfort story we tell ourselves in order to sleep better at night. And that this dissonance between what we say and what we do feeds into our collective denial.

Even better (worse?), do we claim the moral high ground where all is sacred and self questioning is blasphemy? I fully understand the importance of declaring the emperor to be naked, but the sociopaths deduct points for truth and they have control of the reins and the game. Righteous indignation, something we love to revel in, has throughout the ages covered up a lot of bad thinking by the so called good guys.

Inconsistent Inconsistencies

An example of an inconsistency in our thinking might be that the Ponzi has lasted much longer than many predicted it would. Very few on ZH considered the possibility in March of 09 that the stock market would be much higher a year and a half later. It was obvious systemic death was just around the corner, right?

Even fewer believed the US, British and EU governments and central banks could have repeatedly issued multiple trillions of dollars in sovereign debt and Treasury paper in multiple currencies at ever decreasing interest rates without a currency crisis and collapse. And yet that’s precisely what they’ve successfully done if success is measured as paper issuance and no collapse.

Or maybe the dissonance can be found within the precious metals arena. While there were some who felt otherwise, many people were convinced that once the public was told of the Federal Reserve’s Gold price suppression techniques that the Gold paper trade would collapse. And yet it continues to this day, even if it’s hobbled to some extent. How can that be?

Lately I’ve heard the explanation that there wasn’t enough public exposure of Gold manipulation to cause collapse. While that sounds reasonable, won’t the public ignore what they don’t want to hear no matter the quantity or quality of evidence? You can bring the horse to water but….

I agree that it defies common sense that a market as manipulated and undercapitalized with actual physical Gold wouldn’t disintegrate the moment the news of manipulation hit Bloomberg. And yet it didn’t disintegrate and still functions today. Is this not an aberration that must be carefully examined? It seems we’re incrementally increasing our denial as the Ponzi marches on.

All I see people doing is pushing back the expected date of collapse, saying next time there’s a run on Comex or the Chinese want more physical or more tungsten is found inside 400 ounce bars, then it will collapse. Even if it does collapse, what comes next? When only Gold has perceived value, it would be foolish to think the sociopaths will allow us to keep ours. Think about that and then read some history. The insanity isn’t extinguished; it ebbs and flows or just morphs into new bodies and forms.

We continue to brush aside multiple contradictions to the quick collapse scenario without seriously considering this could continue on for many more years. Some may not wish to recognize this, but those who understand what’s going on, meaning the principal supporters and benefactors of the Ponzi (both on Wall and Main Street) will cling to the devil they know rather than face the black abyss of the unknown. This alone assures a much longer unraveling than we’re acknowledging.

I’m not taking “sides” in this argument as much as I’m asking a more fundamental question. Are we taking a side and then ignoring evidence that might prove us incorrect? The more our argument for the crash or a collapse can withstand critical scrutiny and the more we probe and dissect its weaknesses, the stronger it becomes unless it’s weak or baseless.

However, the more we shield our argument from scrutiny, either by overt or covert denial, obstruction or obscuration, the weaker it becomes. This method of interrogation is how we pummel the Ponzi, by relentlessly questioning its suppositions and evidence. Shouldn’t we apply the same acid test to our own arguments or is our only claim to fame simply that since we proved them wrong, we must be right?

Shoot the Messenger, Ignore the Message

What’s obvious to you and me is rarely obvious to others, not because it can’t be seen, but because it can be ignored and rejected. The same can be said in reverse. Many people, including this author, are at times irritated with certain contributors and commentators and their barrage of articles and comments on Zero Hedge that seem to defy the laws of common sense.

“You live in a fantasy world” or “Sooner or later you’ll be crushed” are all common refrains left to refute these people. I’m not saying the comments are or aren’t valid. But we must ask ourselves some questions if we’re to face our own emotional outbursts. Are we angry with the authors because they’re delusional or because they represent everything and everyone that’s holding this Ponzi together and precisely the reason it’s lasted longer than we expected? Maybe we’re holding it together ourselves?

These authors are an emotional and intellectual trigger for many here on Zero Hedge. Rather than rant at them, we should step back and examine why we’re being triggered. Often we yell and scream in order to hide from self examination. Is that what’s going on here? I suspect that for many it’s not the money that’s upsetting, but instead a sense of bloody outrage over the magnitude of the thieving and the colossal gall exhibited by the principal sorcerers that’s clouding our vision.

Once we look within and understand the trigger, we can discover the underlying dissonance that’s obscuring our worldview and beliefs. I know that when I experience an emotional outburst, particularly when I’m feeling righteous indignation, this is a clear indication I’ve been triggered and that something’s unsettled within.

It could be seen as a huge blow to our ego to admit that it might be time to hunt within for some inner truth when the streets are filled with the thieves and the complicit. But I know if we continue to be triggered, we’ll be easily manipulated and seriously out of balance. Only when we’re at peace with ourselves can we be effective in all other aspects of our life.  

When we’re triggered, rather than get caught up in the details of the information being argued, we should be looking closely at what we fear or what we’re avoiding that’s causing such an outburst. We’re angry that the Ponzi uses diversionary tactics to distract and bluff the public from the “truth”. Yet we use the very same tactics on ourselves rather than take a long hard look within. Maybe some personal housekeeping is in order?

Admittedly this is a difficult task and it requires self confidence and discipline to pull back and pause when our ego is screaming for us to “do something” to defend our ego honor or ego self respect. When we’ve been emotionally triggered and we’re upset over something that was written or said, what’s really going on here, what’s really been triggered is our sense that our worldview is under assault. This is precisely when we must calm down and reach within to find the courage to look deeper into what’s going on.

The Abuser/Abused Paradigm

The reason I always talk about our ego not being “us”, but rather a separate and distinct entity, is because we’re constantly led to believe by our ego that our ego is our friend and can be fully trusted. Our ego accomplishes this by convincing us that our ego is “us” and that “we” are one and the same as our ego. Thus we believe that when our ego is talking, in fact it’s “us” that’s talking.

As I said in Chapter One, this is hardly the case. The ego considers itself to be a separate and sovereign entity, not a part of “us”. Thus the ego is not bound by any moral, emotional or social boundaries nor does “it” feel constrained from lying, cheating or using subterfuge to get what it wants. Since our ego doesn’t physically control our bodies, it must use manipulative methods (essentially self psyops or self propaganda) to achieve its goals.

In a remarkable example of how the fabric and structure of our society and social order mimics our internal disorder, the control system (the Ponzi, the banking cabal aka the Federal Reserve and other central/commercial banks, the political and justice systems, the so called free press aka main stream media, religions, corporations, academia and the education system etc) does exactly the same thing to us externally as our ego does internally. And for the most part we fully participate in this.

Using subterfuge and illusion as well as encouraging our own self deception, the control system convinces us that it’s “our” control system. We’re told that the decision to send “our” troops (I didn’t know I had an army) into foreign wars is “our” decision and in “our” best interest. That it’s “our” government despite the fact that “our” government doesn’t act in “our” best interest. We’re repeatedly told that “we” must save “our” too-big-to-fail banks in order to save “ourselves” from those very same too-big-to-fail banks.

The main stream media, an integral part of the control system, assures “us” that “we” must protect and enable “our” financial elites and “our” government so that they may employ and protect “us”. If the financial elites are treated poorly by “us” taxpayers, they’ll take their ball and go home and “we” shall starve.

Yet for decades we’ve been assured they’ll trickle down some of what we give them so I guess it’s all good folks. Yet the income and wealth disparity continues to grow to new records each year. Without judging the validity of my statements, understand what’s really going on here.

We the (self) abused have been and are being conditioned to love and cherish our abuser. Or at least tolerate it. Whack! “Thank you very much sir. May I have another?” Whack! To tolerate such a disparity without revolt takes a great deal of emotional and intellectual bargaining and denial.

Of course, this doesn’t apply to you and me because we understand what’s going on, right? I hear this all the time on ZH, that we’re the informed and thus immune. Is this another comfort story we tell ourselves or are we just caught in the emotional headlights and frozen in our tracks?

The Big Bang or the Little Whimper

So, what if “it” doesn’t end with a bang but with a whimper? I believe this unraveling can and will go on much longer than we expect and we should plan accordingly. Since no one really wants our way of life to end, many will subtly and covertly maintain it even if it means they must maintain the lie. And that’s the key to a slow and painful death of the Ponzi rather than a collapse.

As was so wonderfully illustrated in “The Matrix”, nearly all of the population will fight to remain within the lie for as long as they can simply because the alternative is too horrible to accept. For them, to lie is to live. So they’ll bargain away anything they can’t maintain and deny the pain for as long as they can.

Like walking down a staircase, only when forced will they accept another step down into the abyss. Once there, they’ll acclimate all over again using the only coping tools they have, those of denial and bargaining. Then they’ll take the next step and the next step and the next step in a slow walk to hell.

For those who have forgotten, history’s littered with failed Empires, some as recently as 65 years ago. The one constant throughout history is that the citizens of those failed empires lived in great denial of their current condition and they slowly bargained away their souls for another day in misery. This doesn’t need to be, but it usually is anyway.

While we as a society and a collective are slowly relinquishing our sovereignty to the powers that be, the one area that is under our complete control is our own mind. Let’s not cede that as well by blindly following our own contrarian herd.

We should not adopt positions or beliefs that oppose the Ponzi simply because it’s contrary to the Ponzi. Doing so just shifts the illusion of control to us, but still leaves us dancing to the Ponzi beat. Our views should be adopted only after rigorous examination and vetting. This is the only way to a truly peaceful, free and sovereign life.

09/05/2010

Cognitive Dissonance

 

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Sun, 09/05/2010 - 23:09 | 565385 kathy.chamberli...
kathy.chamberlin@gmail.com's picture

clint, actually i am coming to terms with coggy doggy.

Sun, 09/05/2010 - 23:06 | 565383 CHNOPS
CHNOPS's picture

I like the story about the beauty of nature, the little cover-up, sleight-of-hand we instill in our children about fuzzy little animals displaying the better side of human sociality. If you look closely enough, you’ll find that life is constant, no-holds-barred warfare and winners eat the losers. And yet we seemingly perceive something other than the gory warfare that surrounds us. They all seem so happy, those natural animals, as if they have reached some kind of agreement to peaceably coexist. If we could just return to the loving embrace of nature and escape the treachery of mankind our problems would be solved. I’m sure that many of the most badgered individuals would like to climb back into the womb or present themselves to the nearest predator for quick disposal, but instead they must endure the competition presented to them by thermodynamics. It’s a game that was started long before you were born and one that will continue long after you’re gone. The winners are those that avoid being eaten long enough to successfully reproduce. Some get a big shot of dopamine from this, others just want to go to Vegas.

Sun, 09/05/2010 - 23:00 | 565381 ZakuKommander
ZakuKommander's picture

Thanks, CD.

Perceiving the reality of a Ponzi will not make it go away.  Indeed, even revealing a Ponzi as a Ponzi will not necessarily bring it to an end.

Any Ponzi scheme is a simple mechanical device.  As long as there is "fodder" it can continue.  

Ponzis end because people "in" it want their money, and there are no new suckers for the perpetrator to obtain new finds to pay off those who want "out."  But here, it seems, there is a never ending supply of funds, and willing participants, to keep the Ponzi going.

Zhou Enlai was once asked what he thought of the French Revolution.  "Time will tell" was his reply.

Mon, 09/06/2010 - 13:09 | 565919 Raging Debate
Raging Debate's picture

The "fuel" for the Ponzi fire is labor. Globalization added extra fuel for the fire to continue burning.

Mon, 09/06/2010 - 09:02 | 565378 kathy.chamberli...
kathy.chamberlin@gmail.com's picture

ZH cult is powerful, not scary.

but i don't think our own minds can be taken over by this new world order. if you have control over your own mind, and think ya got a hold of your own control, it can't happen in your mind.

cuckoo clock!

 

Sun, 09/05/2010 - 22:32 | 565356 DukkButt
DukkButt's picture

The slow collapse seems like a higher probablility, just based on the fact that so many people want to keep pretending that everything will be all right. Detroit is a good example. Year after year of slow decay. Things just get worse and worse, but people adapt and adjust, trying to hold onto the old life. Things will continue on "as is" as long as the illusion of "normal" can be maintained. The real question is what, if anything, can break that illusion. The sudden collapse can't happen until that illusion is broken, but if and when it is, the change can be very quick. The subtle point here is that it won't be the "event" that causes the collapse (if/when it happens) but the change in social attitude. This ties back to the a premise of the article (maybe not explicitly stated, but still there), that what's happening in our society is a function of the consensus social mood, not objective reality.

Sun, 09/05/2010 - 22:28 | 565349 FreeElectron
FreeElectron's picture

The ego considers itself to be a separate and sovereign entity, not a part of “us”.

 

Question: When a person is acting out an emotional rage, we say the person is "out of control".  This seems absurd on its face, because it is obvious that someone is in control (if no one were in control the person would simply collapse to the floor).   My older brother often recalled our alcoholic father having an odd look in his eyes when "on a drunk".  He meant that our father was not there, and my brother did not recognize the other entity, which was hostile toward us.  This other entity was focused entirely on self and on the present (meaning extreme violence toward any perceived threat, and a willingness to spend the family food budget on another round of drinks for the tavern patrons).  Was that the ego?

 

An alcoholic friend of my brother went out partying with a new date and "came to" 4 days later riding in a car with her date.  She asked where they were, and her date replied that they were on their way back to Minneapolis from a nearby state, where they had gone to be married.  Was her ego in charge for those four days?  Something was, and she insists it was not her.

 

What about the man who can recite pi to 10,000 decimal places, based on calculations apparently going on within his mind.  Is that also the ego?

 

If the ego is indeed a separate and distinct entity, then I want to know more of its characteristics and capabilities.  A list would be nice.

Mon, 09/06/2010 - 05:06 | 565553 RichardP
RichardP's picture

If you are serious, do some reading.  These two links are a start.  Include the links at the bottom of the Wikipedia article in your reading.

http://plato.stanford.edu/search/searcher.py?query=ego

http://en.wikipedia.org/wiki/Ego#Ego

Add to you list of questions the person who gets out of bed and drives his car many miles while asleep, and has no memory of doing so (these occurances have been documented).  Who was in charge?

Sun, 09/05/2010 - 22:19 | 565339 kurt_cagle
kurt_cagle's picture

Cog,

As per usual, a most intriguing and thought provoking article.

My own suspicion is that we are in for a saw-tooth world for the next couple of decades - the economy (and thus the markets) will rise and fall in a series of mini-crashes, each one taking us down farther than the last, each peak lower than the last. A part of this is due to trust itself leaving the system - no market can exist in the absence of trust, and as the nation becomes ever more polarized and divided in terms of perceptions of reality, we move closer to an economic catastrophe, in the mathematical sense of the word. The denial that you bring up is part and parcel of that - denial is self deception, occurring when one no longer trusts one's senses and hence constructs a gestalt that can be used as a shield to avoid having to deal with hard realities, at least for the short term.

I also suspect this is one of the reasons why there has been such a determined assault upon the so-called intellectual elite within this country in particular. Scholars, authors, playrights and scientists usually tend, both by inclination and profession, to push the boundaries of thought, to see more readily the false shadows of society. They make it harder to promulgate the illusion and and make the denials obvious for what they are. This is why it is so easy to harness the "anger" of the masses against such people, precisely because it is this level of self-examination that most disturbs those who hold their own beliefs most closely.

 

Sun, 09/05/2010 - 22:31 | 565331 bigkahuna
bigkahuna's picture

If there is a real dollar crash, it will happen abruptly. If it keeps on plodding slowly downward, then we will have the wimper. Either outcome is possible along with other outcomes. I believe the crash/wimper probability is 50-50 when compared side by side excluding all other outcomes as it is for many side by side exclusive comparisons IMO.

Mon, 09/06/2010 - 02:13 | 565497 taraxias
taraxias's picture

Oh great, why don't we simply toss a coin and settle this then?

Mon, 09/06/2010 - 04:43 | 565543 bigkahuna
bigkahuna's picture

:-)

Sun, 09/05/2010 - 22:05 | 565324 williambanzai7
williambanzai7's picture

65 years ago? The Soviet Block failed just 20 years ago.

There's always...

HOPIUM

http://williambanzai7.blogspot.com/2010/09/hopeless.html

Sun, 09/05/2010 - 22:20 | 565342 Cognitive Dissonance
Cognitive Dissonance's picture

You have a point. But is that all you got out of this? Or was that your trigger?

The "success" of the USSR was more a figment of the CIA/NSA propaganda machine that needed to create the red menace to keep gunning the USA serfs on the hamster wheels than a true empire.

The USSR had a lot of people under it's wings and controlled vast areas but never hit a very high standard of living, one of the measures I have for a modern empire. All empires are ultimately measured by their nearby (in time and space) neighbors. I'm absolutely certain that many people will disagree with my opinion.

Sun, 09/05/2010 - 22:53 | 565365 williambanzai7
williambanzai7's picture

They perpetuated their own illusions to survive, just like our power elite are doing now. Eventually their illusions imploded as the masses realized they were hollow...just as our masses will soon realize. What startled everyone was not what happened, but how quickly it happened.

In the Soviet aftermath, a new neo-Soviet power elite has emerged. What will emerge in the US will not be pretty. Look at Palin and Beck, and think about how the bankers and power elite in Germany thought they cut a safe deal with the Fuhrer.

What will our power elite do to save itself? 

Nice posts CD. 

BTW--The idea that the CIA propped up the Soviet Empire gives them too much credit than due. We have learned time and again that our so called intelligence apparatus consists of power hungry rodeo clowns. Intelligence is a negative attribute in the CIA.

 

 

 

Sun, 09/05/2010 - 23:15 | 565386 Cognitive Dissonance
Cognitive Dissonance's picture

I don't think for a minute that the CIA propped up the Soviet Empire. What I was saying was that they propped up the illusion of the red menace. In so many ways capitalism American style always needs some type of evil empire to oppose in order to keep the hamsters wheeling away. It seems even the "free" need an incentive other than pleasure to keep their focus.

Left to our own devices, we might just wish to work 5 hour days 3 days a week. If we were to do that, there would be no profits. And profits is what capitalism is all about when you're the elites.

Mon, 09/06/2010 - 00:46 | 565459 williambanzai7
williambanzai7's picture

There are places where happy people struggle to live. They work to live, not so someone else can commute between Greenwich, Palm Beach, Nantucket and Jackson Wyoming.  

The key is to unveil the menace by all available means. You and I have discussed this before. 

Unfortunately, fighting institutionalized greed is fighting against human nature.  

 

Sun, 09/05/2010 - 21:59 | 565323 ng2aradiofunk
ng2aradiofunk's picture

"Consensus Trance" google it

Sun, 09/05/2010 - 21:37 | 565303 Haigh
Haigh's picture

>>What If “It” Doesn’t End With a Bang But With a Whimper?<<

During the inflation of the seventies and the S&L crisis of the eighties there were the doom and gloomers  who were stocking food and ammo, promoting gold, and the breakdown of civility.

Given  a spectrum spanning  America's fortitude, from resilience to brittleness, resilience was under estimated by the doomers.

There is a probability we will see this repeat.

 

 

 

Mon, 09/06/2010 - 02:10 | 565495 taraxias
taraxias's picture

This is the most telling post of the entire thread IMO.

Allow me to translate: "We survived before, we'll survive again because we are Americans, God's chosen people"

Denial and group think on steroids.

Mon, 09/06/2010 - 04:52 | 565547 RichardP
RichardP's picture

Nope.  Haigh only said that there is a probability we will survive.  That is a different statement than yours.  No denial involved.  It's a statement of fact.  There is a probability we will survive.  But Haigh wisely did not say what that probability is.

Morph, not start over.

Mon, 09/06/2010 - 11:49 | 565788 Haigh
Haigh's picture

RichardP, thanks for stepping in. 

Sun, 09/05/2010 - 20:58 | 565278 Samman
Samman's picture

Ok, I've never said this out loud before and I'm not weird (too much) but do you think 911 was an inside job because it was perfect for the Cheney PNAC?  Just a question, don't kick me off!

Sun, 09/05/2010 - 22:54 | 565373 kathy.chamberli...
kathy.chamberlin@gmail.com's picture

TWIN TOWERS

gemini

oh my god help me, please

tonight is beautiful.

dawn of a new day

Sun, 09/05/2010 - 20:49 | 565262 Samman
Samman's picture

Test

Sun, 09/05/2010 - 20:48 | 565258 groucho_marxist
groucho_marxist's picture

"The government lies about the condition of the environment, the BP oil spill, national health issues, spying on its own citizens, torture and rendition, weapons of mass destruction, the list is endless."

 

The term for this state is "agnotological"*: the systematic creation and maintenance of ignorance. The problem is not that the government lies, so much as it acts to create a series of contradictions that confuse the issue in question to the point that we cannot discern which statements being made are factual and which are not. This is a situation much worse than simple "lies" since some parts of what we hear are true and some parts are not, but it becomes progressively more difficult in separating which are which.

* This idea was first used to describe the confusion campagins waged by the tobacco industry.

Sun, 09/05/2010 - 21:08 | 565286 Cognitive Dissonance
Cognitive Dissonance's picture

Thank you very much for the new word (at least for me) and its definition. I shall look closer at this.

http://en.wikipedia.org/wiki/Agnotology

Sun, 09/05/2010 - 20:47 | 565257 Hang The Fed
Hang The Fed's picture

Hahaha, this was worth the wait, CD.  A terrific piece of analysis.  Denial is indeed a sticky and amorphous thing...it's sort of like a lock cylinder in which all of the tumblers are changing shape, and it's a tough piece of business to keep changing the key to fit it, lest you find yourself imprisoned in what you want to be true instead of being free in what's really true.  More so than being our own judges, juries and executioners, we are experts at being our own prison wardens.

As for the Crash, well...I think that's a lot like Homer Simpson falling down a cliff.  There are a lot of hard, fast landings with some bounces in between, but the overall direction is down and it gets more and more painful with every splat 'n bounce.

Kudos on shining some light on the enemy within, who is certainly more lethal than the one without.

Sun, 09/05/2010 - 20:12 | 565235 lawrence1
lawrence1's picture

Over 40 million on food stamps, true unemployment over 20 percent,

millions of home owners underwater on  mortages and hundreds of thousands

strategically defaculting, the Fed secretly buying its own bonds, virtually every official statistic a lie, all markets manipulated and banks not lending. If this isnt a crash, what is?  And ask Argentenians if their experience was of a slow crash when they suddently couldn´t access their bank assets.  And wasnt 2008 a pretty dramatic and do we have any reason not to expect more or worse crashes when nothing has essentially changed?  We are experiencing the end of the world as we have know it and its happening pretty rapidly for a large percentage of the population.  That it can continue getting worse for years I have little doubt.  Wait until the great majority realize that their pensions are largely wortless, or a sudden dollar devaulation.  And, as Taleb points out, the whole sytem is now inextricably interrelated, creating greater risk than we had before and I believe there are going to be more black swan events and they aint going to be storms in a teacup.So, in short, if your bias is to  view the past several years as slow, gradual collapse, that´s fine but it seem pretty dramatic to me and Im guessing it´s going to get more dramatic.

 

 

 

... whole

 

Sun, 09/05/2010 - 20:36 | 565252 Rebel
Rebel's picture

Your facts are sobering indeed, but a clever federal government has many bullets left in its belt. First, given the dangers in the market negatively impacting 401K's, the government will protect you by "managing" your 401K, and giving you a nice safe annuity, backed by rock solid treasuries. Confiscate gold/silver perhaps . . . not necessary, simply put a special "hoarder and speculator" tax of 75% on the ill gotten gains realized by people who harmed the system by daring to own gold/silver. Also, why should home owners be the only ones to pay property taxes . . . 3.5% inventory tax on all registered silver/gold holdings, and 20 years in federal pen for holding unregistered gold/silver. Combine with a new agency to find and punish the underground economy of "bartering". Not unlike the Fed's going after moonshiners, or the IRS going after tax cheats. 

Confiscate firearms . . . again, not necessary. Simply require registration, and require a $200 per annum registration fee per firearm. Again, find a few scofflaws to make examples of.

Since people are living longer, we can push the retirement/social security/ age up to 77., which will also be the age at which you can access your government managed 401K annuity. We will also get much more clever in the way we manage Medicare. This has a tripple benefit . . . Medicare costs less, people die quicker, and we then don't have as much expense in social security, and those pesky 401K annuities.

Inheritance taxes . . . well, why should you receive such a windfall, after all, you have already enjoyed all the benefits of being brought up in a home of some wealth.

I do not have the time or space to continue describing all the clever things the government can come up with to keep things going. It is what they do. It is there core competency . . . keeping the government bloated and going.

 

Sun, 09/05/2010 - 20:50 | 565263 kathy.chamberli...
kathy.chamberlin@gmail.com's picture

Inheritance taxes . . . well, why should you receive such a windfall, after all, you have already enjoyed all the benefits of being brought up in a home of some wealth.

curious, this one. ying and yang of unconditional and generous attitudes of men and woman coming out of the depression years. cause it is WIN_WIN for the IRS.

man, what a set up dying is...... anymore in america. we have been conditioned to embrace this mindset. so powerful, indoctrination of this premise. scam O rama.

bit my family in the ass, and now we are a fractured family, probably forever. all because of this stupid death tax.

Mon, 09/06/2010 - 16:07 | 566185 Hulk
Hulk's picture

Death tax has ruined many families Kathy, but then again, our government isn't about promoting strong families.

Sun, 09/05/2010 - 19:55 | 565218 Rebel
Rebel's picture

"The Big Bang or the Little Whimper" is really the question. I think that there is a pretty commonly held belief on ZH that we are in fact dealing with a huge ponzi scheme. There is less uniformity of beliefs on what a crash will look like, how bad it will be, or how to prepare for it. In my mind, the key question is whether it will happen quickly, or very slowly, possibly over decades. Does the government collapse under it own weight, followed by some degree of lawlessness, followed by some degree of order reestablished at the local level, OR does the economy continue to worsen, yet the government is able to maintain its bloated self, continuing to confiscate more either directly, or through taxation. In this case, we slowly devolve into something akin to the old Soviet Union where the government controls everything, everything in short supply and is rationed, and there is rampant corruption in the distribution of scarce necessities. 

I fear the slow "whimper" much more than the "Big Bang" 

Sun, 09/05/2010 - 21:12 | 565289 tomdub_1024
tomdub_1024's picture

I hear you...I also wish we would just get it over with and move towards rebuilding...

It's sort of like a marriage after infidelity occurred...the best (in my opinion) would be to get it all out on the table, get all the hurt and reasons dealt with and accept that the "old" relationship no longer exists, and start building a new relationship based on knowledge learned from the infidelity.

Instead, we seem to be stuck in a relationship that both the cheater cannot let go of the "good times" with the other person, is still in the "affair fog" and the cheated cannot let go of the relationship AS IT USED TO BE, but no longer has any basis in reality, and will not let go of the betrayal, former hopes and illusions.

In other words, stuck on a hamster wheel, expending tremendous amounts of energy (real, emotional, financial), going nowhere fast.

So much more efficient to either reset, or, divorce. But that is too scary, and what would people think?

Sun, 09/05/2010 - 18:46 | 565149 CR Bill
CR Bill's picture

CD - to add to your soup I would recommend "parental programming" to describe every one's beginning, transactional analysis (TA) to evaluate what and how we do things, and the ever elusive "myth of autonomy" (how we subconsciously rationalize our chains).

ZH is an interesting place, but most here seem to have similar mindsets. When I went through my Libertarian phase I read a bunch of Von Mises (heavy sledding !) and became convinced that the world economy was a house of cards supported with hot air. I still believe such but I been awaiting the collapse for 40 years. This error had a huge impact on my life, given that I had no faith in the system virtually all of my calculations and choices had a short term bias. Came out OK but could have been more satisfying.

So how does one obtain their freedom? Well, the beast is not going to die, nor are "we" going to kill it. My individual solution was to leave the US as I had to answer the question: If its so bad here, why do I stay. There will always be governments, and they will always be corrupt; but some are less intrusive than others.

My vote - a whimper, more correctly a howl. I suspect the historical economic juice will be applied, yet another war to reset everything. Peak oil and bombs, what fun in the madhouse.

Bill

Sun, 09/05/2010 - 19:32 | 565191 i.knoknot
i.knoknot's picture

+++ on the "Libertarian phase" comments.

so, seriously, what ideology have you settled on after 40 years of watching it 'not collapse' the way it was supposed to?

is the problem that we expect the "broken thing" to break more quickly than it does, and it doesn't? or, is the problem that it just isn't as broken as we think (40 years... what would you have done differently?)

spelunkers have no problem crawling around eon-old caves that have *tons* of stone over them... shouldn't they cave-in? i don't care much for caves - not claustrophobia, but simply no trust in rock-roofs and shaking earths. after a couple of million years of holding, i'm not sure why i'm so vain as to assume the roof will cave in on me, now...

odd, me.

Sun, 09/05/2010 - 21:52 | 565313 Glaucus
Glaucus's picture

"odd, me."

No, just one of the countless victims-to-be.  Suggest, instead, that you think of yourself as a German Jew in the 1930s, the vast majority of whom never left because they refused to believe what was staring them right in the face.

In other words, get out, get down, or get fucked:

http://www.financialsense.com/financial-sense-newshour/big-picture/2010/...

Fri, 09/10/2010 - 00:39 | 573468 i.knoknot
i.knoknot's picture

great responses, all. tnx

Glaucus, naturally, i like to think i'll know which trains/showers i should avoid at all cost...

your points are well-taken.

 

Sun, 09/05/2010 - 21:01 | 565281 CR Bill
CR Bill's picture

Personally I am an anarchist (not bombs, just other's rules), but such cannot function socially as there are too many irrational people. Even one is excessive.

I should have gone for a PhD (like my brother); instead I became a consultant and worked 3 mos for 9 off, year after year. Same old problem, I must be free.

When do the wheels come off? How does one put a nation back to work? If the economics are busted then the old standby is war, which the US practices constantly. Land of the free and home of the brave? Outsiders have a much different view of us.

As unemployment runs out there will be many who have never been broke before, after they sell off their junk - then what?

Bill

Mon, 09/06/2010 - 00:02 | 565418 Implicit simplicit
Implicit simplicit's picture

Hell is other people was shared by Jean-Paul Sarte. I too am an  anarchist (only an amateur at this stage) but I still share irrationality with the people I love.

One of the beauty in life is that no one knows what the fuck is going to happen next. I suspect the Ponzi could go on for some time, with more outlier swans flying around with more frequency, as time goes by. The war thing I think I need hopium on that one. My ability to tolerate mental pain and remain calm and happy would be compromised.

Sun, 09/05/2010 - 20:50 | 565264 tomdub_1024
tomdub_1024's picture

Maybe its not a question of "settling on an idealogy"...I also have Libertarian leanings, and I run my personal life and business (as much as possible) accordingly. I have finally accepted that most of the rest of the world doesn't.

Expecting the collapse led me to leave SoCal for the northern Rockies, and, though I have had tough times, I still think it was the best decision. Sure, I could have made oodles more money in my previous existance, but this one is much better, I have learned (and in many cases re-learned) things that defined and sharpened who I am, and who I wish to be.

Aside from an 18 month educational experience (job) in a fortune 40 company (and what an education, to see the beast so closely and observe it, to live its reality), I have learned MY truths, and they may not match up with what we were sold growing up (I'm 45), but I choose to try to live them as best I can.

I was amazed until recently that the "collaspe" hasn't happened, but thanks to a particular contributer here on ZH, who draws a lot of arrows, I considered his perspectives, his motivations. Though they did not co-inside with my leanings, I still stepped outside my box, and realized that he, and many others will do all they can to maintain the status quo, or at least make money off it until they don't. But he does speak/relay a truth of the current paradigm/status quo, and that is why I take him seriously.

Trying to talk to regular people about the economic realities has taught me that lesson from the Matrix, and one of CogDis' points, they will do all they can to maintain the illusion, because the alternative is simply too unbearable to consider.

So, I take my Libertarian leanings, apply locally as much as possible, expecting nothing from the rest.

(caution: Matrix metaphor coming...:)

"I pay my taxes, have a job with a respectable company, help the neighbor lady with her garbage" while my "other life" is "making just enough to maintain my family, paying as little in taxes as possible, though I could be making (and thus taxed on) so much more, live in a world of computers, thrift stores, CSA's, farmers markets, gardens, barter trading, etc" because I know that the first life is not real, doesn't have a future. But WHEN, I don't know anymore. But I still choose to apply as much of MY truths to my life as possible, within the "Matrix" control system, and teach my children the reality of the Matrix, and how to opt out, starve it, as much as possible.

Maybe it will all collaspe this fall, next year, in 5 years, in 20, in 40....I can't wait that long to try to live MY truths, so I do so NOW, as much as possible, right alongside the current paradigm, watching what it does, just in case it blows up. And in case Agent Smith tries to make me a deal....

 

Sun, 09/05/2010 - 18:34 | 565135 vainamoinen
vainamoinen's picture

Thank you CD for the article. Here are a few of my initial thoughts in no particular order.

 

1. "The Crash" The crash has already occured if you lost your job and are close to the end of your unemployment benefits. The macro process of deleveraging is a process not a single event - although from the viewpoint of an individual it might appear as a single event.

2. When you wake up tomorrow will you be a different person or the same person who went to sleep? Obviously, the same person. History/evolution is fundamentally a conservative process maintaining its given form over time. If already disproven evolutionary thinking about individual acquired traits being passed on to offspring was true then the process of change would be much too rapid and the process would rapidly spin out of control. Therefore the conservative element of the process must be a stronger element than the change element of the process. This maintains the integrity of the process, which does, in fact, change over time.

3. This concept is reflected in analytical psychology in the necessity of maintaining the identity (i.e. ego) of a person undergoing psychoanalysis while work is performed on deeper aspects of the total self. If this rule is not adhered to then you run the risk of destabilizing the self in a big way - and being worse off for it.

4. You might be aware of Stephen Gould's concept of "Punctuated Equilibrium" in the evolutionary (and, I would add, the historical) process. According to this view things tend to remain the same over long periods of time and then change relatively rapidly during relatively shorter periods of time. The popular description of the extinction of the dinosaurs is a common example of this. Just like the small incremental movements of tectonic plates resulting in an earth quake when the built up pressure releases in a short period of time. The river never stops flowing and tends to remain in its given course opver time but cataclismic events can change the course of the river permanently. (is the "death of the consumer" just such an event?)

5. Thank you for your analysis of the nature of "denial". I am always asking myself if I'm the one who is nuts. In the final analysis the only way to determine the answer to this question is by the nature of the results of your analysis and its interaction with physical reality.

6. With regard to point 3 above one can see the risk of a too rapid change in the social environment causing a breakdown in individual person's identities if the ego is not strong enough to maintain its identity or if partial or subconscious drives overpower the ego during periods of increasing stress during periods of rapid change. I will always remember one individual's description og the Brown Shirt phenomenon in the early 30's in Germany. As this individual described it suddenly every common street corner market owner was a big shot with a brown shirt on. Crowd behavior resulting from the breakdown of the ego and the release of deeper primordial impulses is well documented. Scary stuff.

7. If, in fact, the path forward is "down" then a slow decline, with occasion sharp down drafts and the necessary reactions is about the best we could hope for. It is the "too rapid" change that threaten's established identities that can really make things run amok. I can tell you that where I "live", on the ground both socially and in terms of my employment the techtonic plates are moving, the stress is building, and, as far as I can tell, this process has further to run - to what end I am not sure.

 

Thanks for your contributions to this site. I am preparing for the worst if that's the way it should role.

Vainamoinen

Mon, 09/06/2010 - 00:53 | 565463 RockyRacoon
RockyRacoon's picture

Thanks for your well considered comment.  I think of many of the younger people who post here at ZH and the conflicts that must haunt them.  They have much longer to endure the world they know; whereas, I, as a Boomer have just a while left to get the popcorn and watch the show.   It is easier for me to acquiesce to upheaval and revolution since I've seen a little of that transpire already.  It's no scenario that I will have to spend much time dealing with.  All the younger folks have much work to do to secure their futures.  I don't envy them the work -- really.  Let's just hope that the Punctuated Equilibrium doesn't leave too much of a black eye.

Sun, 09/05/2010 - 18:24 | 565119 Gully Foyle
Gully Foyle's picture

ZH own Deepak Chopra once again offers a whimper, whimpy, whimps tale told by an idiot full of blah, blah, blah.

As they say, something something baffle them with bullshit!

Sun, 09/05/2010 - 18:42 | 565143 Treeplanter
Treeplanter's picture

By Gully, I think you're right.  I've been a little awed and confounded by the cartel's ability to smack gold and silver.  Then in the last two weeks some big players jumped into silver and JPM is the one who's wimping out.  I see some hard violent moves ahead in the financial arena in the months ahead.  Japan whimpers for two lost decades.  Not happening here.

Sun, 09/05/2010 - 18:24 | 565115 Maos Dog
Maos Dog's picture

There is so much in this article to comment on, I am not even sure where to begin. 

I can't of course speak for anyone here at ZH, but, my impression after reading these blogs for several weeks now is that this is not an echo chamber for perma-bears, but for the most part there are "data people" that are looking at whats going on around them and saying "something here is clearly wrong" and making posts, FULL of charts, original data, and a premise that makes sense to back their ideas.

I think that a lot of people here have a social science background, and we were taught very early on that we introduce bias into our works and know what we need to do to limit that bias as much as possible. I have never seen a blog that presents so much supporting information in their posts like this blog.

Part of reducing bias is to actively seek out alternative viewpoints and fit these into our models, but, I have not been able to find a site as good as ZH with all of the charts and graphs that offers a contrarian viewpoint.  

I have a lot more to say about this, I need to review it more first before posting. 


Mon, 09/06/2010 - 14:42 | 566072 matthew1182
matthew1182's picture

ZH is full of realists.  We see 3 dogs, we tell you we saw 3 dogs.  We don't tell you "Well, there couldn't be 3 dogs there because [if there were in fact 3 dogs] they would be fighting so we are going to geometrically weight this observation and do a little substitution and tell you there were really 2 dogs and 1 cat.  Also note that we may revise that number next month because you might figure out our proprietary algorithm of (mis)reporting statistics."  We are just all looking for truth, we're tired of the lies and propaganda.

What?  You want to hear what we are bullish on?  How about rare earth minerals?  (Why no one here is talking about that BAFFLES me.  I am tempted to subscribe to Dines letter to learn more) How about India?  Let's talk about their demographics and how they will emerge as the leader of the world as soon as the mid 2020s.

Here, if you want some like-minded individuals for yourself I suggest you head here -- http://mikenormaneconomics.blogspot.com/

 

Sun, 09/05/2010 - 18:13 | 565097 LeBalance
LeBalance's picture

There are no enemies, only lovers.

"So Am" - I am That.

We are not rational, never have been, and never will be.

In this society with its nice, clean cut boundaries, insane predators have been caged for the amusement of the curators who are riotously poking with mental cattle prods.

This "space" that we are in is both a place to drop responsibility and become Joe 6 Pack and also a place to put it back together (apart) and drop the facade between good and evil; light and dark.

The only words that you will hear and the only words that you ever say or do are: "I love you."

CD: we differ in some respects, but ain't that the point?

Mon, 09/06/2010 - 00:40 | 565453 RockyRacoon
RockyRacoon's picture

We are not rational, never have been, and never will be.

Some of us are not rational, that's for sure.

Mon, 09/06/2010 - 04:26 | 565538 RichardP
RichardP's picture

He's agreeing with Cog's point that we all live off of our biases, denials, and other self-protective mechanisms, in spite of our claims to be rational / logical.  To say that we live according to our biases is to say that we don't live rationally.  Never have, and probably never will.

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