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Normalcy bias
From Wikipedia, the free encyclopedia
The normalcy bias, or normality bias, refers to a mental
state people enter when facing a disaster. It causes people to
underestimate both the possibility of a disaster occurring and
its possible effects. This often results in situations where
people fail to adequately prepare for a disaster, and on a
larger scale, the failure of the government to include the
populace in its disaster preparations. The assumption that is
made in the case of the normalcy bias is that since a disaster
never has occurred then it never will occur. It also results in
the inability of people to cope with a disaster once it occurs.
People with a normalcy bias have difficulties reacting to
something they have not experienced before. People also tend
to interpret warnings in the most optimistic way possible,
seizing on any ambiguities to infer a less serious situation.
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Friday, March 11, 2011

scary shit (posts) contd.

http://www.shadowstats.com/alternate_data/dollar-index-charts


I was in downtown Tokyo during the earthquakes. At least a couple of dozen earthquakes hit us since the afternoon. The first and second ones were the strongest. At first it was amazing because it didn't stop like they usually do after a few seconds, it just continued to get bigger--then it was scary! The first one was an amazing experience. It was so big and lasted a few minutes so I quickly started to assume it may be the big one and buildings may start collapsing around me. Luckily, I wasn't in my office (which was rocked), but I was near the entrance and able to get outside and to a clearing away from cars and overhead wire. I think what stopped buildings from collapsing in Tokyo was that the earthquake wasn't a jerking motion, it was huge rolling motion that buildings were simply riding. Cars and anything else not nailed down were being tossed around and overhead lines look like they would collapse. I could see the tallest buildings and seeing the tops sway meters at a time. A few minutes later was a weird feeling when huge loudspeakers announced tsunami warnings in downtown Tokyo!!

By the way, the earthquakes are still happening--watching on tv. A significant portion of northern mainland is still in telecom and energy blackout. There is a lot of uncertainty about the conditions in northern Japan since there are a lot of places people still cannot contact. To make things worst most trains and a lot of highways are down. Its horrible because I am sure there are a lot of trapped people out there that cannot be reached right now.


Carbon said...

nyse said...

So obviously HAARP.
March 11, 2011 11:39 AM

Bah. Just another major natural disaster that just so happened to fall on the 11th of month.
March 11, 2011 1:26 PM










DUN DUN DUN\\Yousif said...

The cause of the earthquake would be extremely interesting to ascertain, however, the event is no longer relevant to the price of silver. It's effects have been very short lived despite inordinate media attention [this is still relevant to price of silver]. I would like to extend my sympathies to all those affected by the quake. I wish them all a full and speedy recovery.

If you still don't think that a bunch of incompetent narcissists are in charge of the financial system then I pray thee, what would convince you of this?

Silver, get physical!
March 11, 2011 1:18 PM

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