• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

Guest Post: Ready For The Apocalypse?

Tyler Durden's picture




 

Submitted by John Aziz of Azizonomics blog,

I am not really a doomer. But I do think that societies and individuals that do not prepare for the worst (and hope for the best) are needlessly endangering themselves. Tail risk events happen. An MIT study earlier this year predicted that the global economy would collapse by 2030.

A new national survey by National Geographic and Kelton Research finds some interesting results:

Which cataclysmic movies do Americans worry might come true?

7% of Americans think the Planet of the Apes might come true? Really? 30% of Americans think that the events of Roland Emmerich’s 2012 might occur?

And how prepared do Americans think they are for such events?

But in reality — in terms of what people have actually accomplished — few people seem ready for anything:

9% of people have alternative power sources? 21% have made some attempt to grow their own food? Only 43% have a spare supply of drinking water?

Not prepared at all.

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Fri, 11/30/2012 - 17:28 | 3025050 vast-dom
vast-dom's picture

fuck and look at the stats for, say, where I reside: NYC! 

Fri, 11/30/2012 - 18:45 | 3025288 Dugald
Dugald's picture

 

2030

Phew! that's a relief I though it would happen before I die.....

time for a another barrel of single malt then..

Fri, 11/30/2012 - 16:07 | 3024704 cossack55
cossack55's picture

I don't see PMs, booze, tobacco or ammo on the list.

Fri, 11/30/2012 - 16:18 | 3024753 semperfi
semperfi's picture

and viagra

Fri, 11/30/2012 - 16:20 | 3024759 Flakmeister
Flakmeister's picture

Speak for yourself....

Fri, 11/30/2012 - 18:00 | 3025153 pods
pods's picture

To SELL Flak, we all know you are strong like bull!

:)

pods

Fri, 11/30/2012 - 18:07 | 3025170 Flakmeister
Flakmeister's picture

Aint' much of an apocalypse if anyone is worried about boner pills...

Fri, 11/30/2012 - 20:21 | 3025506 Hulk
Hulk's picture

I don't know about that Flak, blue balls are a powerful driver...

Fri, 11/30/2012 - 16:09 | 3024705 Badabing
Badabing's picture

 I'm outta here!

 

 

 

    ________
   //_l__l[__]___
  [/ \__/  ()III()
   ())---())-o-))

Fri, 11/30/2012 - 16:16 | 3024709 Ignatius
Ignatius's picture

The Omega Man.

Wanna pull up a chair and watch the show, or be the show?

Fri, 11/30/2012 - 16:10 | 3024714 Milton Waddams
Milton Waddams's picture

Pot containing 'frog' begins to boil :  0%

Fri, 11/30/2012 - 16:12 | 3024722 tenpanhandle
tenpanhandle's picture

frog containing pot croaks.

Fri, 11/30/2012 - 16:27 | 3024779 Dr. Richard Head
Dr. Richard Head's picture

Finding a psychoactive frog to lick as a pot chaser.

Fri, 11/30/2012 - 16:40 | 3024853 Cognitive Dissonance
Cognitive Dissonance's picture

I want you as my neighbor. :)

Fri, 11/30/2012 - 16:49 | 3024890 Dr. Richard Head
Fri, 11/30/2012 - 16:55 | 3024924 Cognitive Dissonance
Cognitive Dissonance's picture

Less chance of them visiting my place then if they're extra busy with you. :>)

Fri, 11/30/2012 - 17:22 | 3025023 cougar_w
cougar_w's picture

But doesn't this undermine your fool-proof plausibly deniable plan for growing all your pot in the neighbors' basements?

Fri, 11/30/2012 - 17:25 | 3025037 Cognitive Dissonance
Cognitive Dissonance's picture

I don't know WHAT you're talking about.

Fri, 11/30/2012 - 17:44 | 3025107 cougar_w
cougar_w's picture

Did I say something? Oh and hey what about the weather today I thought the rains never would arrive.

Fri, 11/30/2012 - 17:33 | 3025074 Parrotile
Parrotile's picture

Toads are better . . .

(especially Cane Toads!)

Might be a one-way journey if you lick too much though - http://www.environment.gov.au/biodiversity/threatened/ktp/cane-toads.html

Fri, 11/30/2012 - 18:02 | 3025156 pods
pods's picture

Had more fun throwing up on mushrooms thanks!

pods

Fri, 11/30/2012 - 20:58 | 3025585 Cathartes Aura
Cathartes Aura's picture

fast for 24 hours prior, and do 'em with intention.

Fri, 11/30/2012 - 19:37 | 3025419 New World Chaos
New World Chaos's picture

For the Maya, psychoactive toads were symbols of transformation and rebirth.  They help you realize that any experience of your separate identity is an illusion, because you are really just a drop in an infinite ocean of cosmic consciousness.  Your real identity is your higher awareness.  When you realize this, you are reborn.  Also helps that the toad starts as a tadpole, and as an adult, it periodically eats its own skin and appears reborn.  Mayan priests may have got the whole 2012 thing while tripping on toad juice. 

A toad in Arizona has the same venom (5-MeO-DMT).  It inspired the Church of the Toad of Light:  http://en.wikipedia.org/wiki/Church_of_the_Toad_of_Light

 

 

Fri, 11/30/2012 - 21:16 | 3025619 perchprism
perchprism's picture

 

 

You guys need to seek an audience with Mescalito.

Fri, 11/30/2012 - 16:10 | 3024716 slow_roast
slow_roast's picture

Complete bullshit.  8% of Americans have not built a bomb shelter or safe room.  These numbers are pure lies.

Fri, 11/30/2012 - 16:15 | 3024738 tenpanhandle
tenpanhandle's picture

Give people the benefit of the doubt.  I have an excellant bombshelter built right in my own house.  Of course, its made of legos and will only shelter my lego humvee.

Fri, 11/30/2012 - 16:16 | 3024746 TrumpXVI
TrumpXVI's picture

Yup.

Bullshit.

Fri, 11/30/2012 - 17:24 | 3025033 cougar_w
cougar_w's picture

A lot of modern homes built in the last 10 years in or around Tornado Alley probably have safe rooms (by some definition) as a code requirement. I know there are contractors who specialize in building them as retrofits.

Sat, 12/01/2012 - 07:13 | 3026147 Cosimo de Medici
Cosimo de Medici's picture

After extensive research I built a nuclear bomb-proof room in my house.  It's constructed entirely of Elementary School desks.

Fri, 11/30/2012 - 18:59 | 3025328 Matt
Matt's picture

37 percent do not expect a significant Hurricane anywhere in the United States within the next 25 years. I wonder as to the exact wording used, and how they define significant.

Fri, 11/30/2012 - 20:38 | 3025537 Parrotile
Parrotile's picture

With the increase of hurricane-related devastation in the US ALONE over the past decade, just what are they smokin'???

25 years is a heck of a long time. Unbless there is a significant change in weather patterns, one of more significant events is an almost certainty.  From MAY this year - http://www2.sunysuffolk.edu/mandias/38hurricane/hurricane_future.html, and note also http://en.wikipedia.org/wiki/List_of_New_Jersey_hurricanes for the historical record.

The combination of ageing population. ageing infrastructure and complacency ("It'll NEVER happen HERE" mindset) seem certain to provide the seeds for further significant loss of property and life even with a relatively modest event.

Fri, 11/30/2012 - 21:05 | 3025596 Cathartes Aura
Cathartes Aura's picture

erm, 8% of those surveyed.

statistics.

Fri, 11/30/2012 - 16:12 | 3024721 slow_roast
slow_roast's picture

24% of respondents said they had substantial cash on hand?!?!!  This is clearly not a survey that broadly agrees with most Americans. 

Fri, 11/30/2012 - 16:21 | 3024755 TrumpXVI
TrumpXVI's picture

The word "substantial" bady needs qualification here.

My guess is that the majority of people can make it until they can get to an ATM machine or until tomorrow; whichever comes sooner.

Fri, 11/30/2012 - 16:19 | 3024756 walküre
walküre's picture

50 bucks in coins in a cookie jar may have come to their minds when responding ...

Fri, 11/30/2012 - 16:32 | 3024789 Dr. Richard Head
Dr. Richard Head's picture

$10K in hondos bitches.  Mattress stuffing.....it's not just for your gramama anymore.

Fri, 11/30/2012 - 16:40 | 3024847 Cognitive Dissonance
Cognitive Dissonance's picture

If it's stuffed in a mattress it's just a useless relic. You can't eat it and it doesn't earn interest.

Now Gold on the other hand.......... :>)

Fri, 11/30/2012 - 16:48 | 3024880 walküre
walküre's picture

the number of Americans holding 10k or more in cash in their lifetime, let alone stashed in their house is about 5%

the top 1% and 4% casino and drug dealers

Fri, 11/30/2012 - 16:52 | 3024909 Dr. Richard Head
Dr. Richard Head's picture

I fall into neither the top 1-4%, nor deal drugs.  Just became frugal after stumbling about this ZH site.  ZeroHedge - It's better than crack.

Fri, 11/30/2012 - 17:14 | 3024992 NotApplicable
NotApplicable's picture

You'll still be labeled a terrorist for it, cuz as we all know, only criminals keep that much cash outside of the "safety" of the "banking" system.

I'm thinking 10,000 nickels. That'll confuse the hell outta 'em.

Fri, 11/30/2012 - 17:32 | 3025013 FEDbuster
FEDbuster's picture

What if the $10K is in $50. 1 oz AGEs?  Don't you love the mint and treasury's sense of humor?

Mark Dice trys to buy a taco at Taco Bell with a $50. gold eagle:

http://www.youtube.com/watch?v=Ef0VG1WEP10

Fri, 11/30/2012 - 17:57 | 3025142 walküre
walküre's picture

Between you, me and the fencepost. I forgot the prepper category. Make it 10% then. Top 1%, 4% casino and drug dealers and 5% preppers. But the preppers all seem to have boating mishaps. So they're not showing up on any statistic.

Fri, 11/30/2012 - 16:50 | 3024895 Dr. Richard Head
Dr. Richard Head's picture

Gold and silver too, but that would be utilized after the cash.

Fri, 11/30/2012 - 16:13 | 3024724 JohnG
JohnG's picture

Road Warrior isn't on the list. :)

Fri, 11/30/2012 - 16:17 | 3024737 magpie
magpie's picture

Yes must be under 'other', am also missing Escape from NY and The Road. Most likely younger respondents also had the Hunger Games in mind.

Fri, 11/30/2012 - 20:13 | 3025500 ali-ali-al-qomfri
ali-ali-al-qomfri's picture

let's not forget 'Deathrace 2000' = Obamacare

Fri, 11/30/2012 - 16:16 | 3024744 cossack55
cossack55's picture

Neither is "Kelly's Heroes"

Fri, 11/30/2012 - 16:37 | 3024837 JohnG
JohnG's picture

Wanna sack Ft. Knox?   :)

(just kidding NSA snoops we know you are here)

Fri, 11/30/2012 - 17:06 | 3024969 Jonas Parker
Jonas Parker's picture

"Wanna sack Ft. Knox?   :)

(just kidding NSA snoops we know you are here)"

 

Yes... go long on titanium!

Fri, 11/30/2012 - 23:32 | 3025848 mkkby
mkkby's picture

That's tungsten, you mope.  Just waking up, son?

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