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Anxiety, Anguish, Anger: How It Really Feels to Survive a Collapse

January 31, 2018

Anxiety, Anguish, Anger: How It Really Feels to Survive a Collapse

Hello to all those readers interested in learning from my personal experience of surviving an economic collapse.

I decided to write this article, the first of a series of several similar that will be posted because I am experiencing these days a huge emotional mix. I am not embarrassed in any way for this, I am a normal person, I have feelings and emotions like everyone else, and until not long ago I had a home, a job, and a conventional, peaceful life like perhaps many of you are enjoying right now.

May God keep it that way!

As a former oil worker, one learns to control emotions, because being in this business, a bad decision in the field if there is danger present, could cost one’s life. Or someone else’s. This said, when we made the decision (as a family we discuss all this of course) and, once my salary stopped being useful for three weeks worth of food, we decided that was the inflection point. After 14 years in one of the most profitable industries in the world (except in Venezuela), I was left with nothing in my bank account. The hyperinflation ate away all the little money that was there. The next step, fleeing to a foreign country (yes, I had savings in hard currency) and trying to find some stability was relatively easy, as my sister-in-law and mother-in-law were already here, and they had some space. So I started a small business (mainly private lectures) just to meet the ends, and it became more or less profitable. A phone call every two days to home, to speak with my family, and long, newspaper-like emails, social networks sometimes. (We decided to not disclose my departure because of OPSEC).

Anxiety

…click on the above link to read the rest of the article…

Turkey Has Declared War On Syria – Does This Mean That World War 3 Is About To Erupt In The Middle East?

November 30, 2016

Turkey Has Declared War On Syria – Does This Mean That World War 3 Is About To Erupt In The Middle East?

fighter-jet-silhouette-public-domainTurkish President Recep Tayyip Erdogan has just announced that the only reason Turkish military forces have entered northern Syria is to “end the rule of the tyrant al-Assad”.  By publicly proclaiming that Turkey intends to use military force to overthrow the regime of Syrian President Bashar al-Assad, Erdogan has essentially declared war on the Syrian government.  Of course this puts a member of NATO in direct military conflict with Russia, since Russia is working very hard to prop up the Assad regime.  If all-out war breaks out between Turkey and Russia, could that be the spark that causes World War 3 to erupt in the Middle East?  And once Turkey and Russia start fighting, would the United States and the rest of NATO be dragged into the conflict?

The big mainstream news networks in the western world are almost completely ignoring what Erdogan said on Tuesday, but without a doubt this is major news.  The following comes from a Turkish news source…

The Turkish military launched its operations in Syria to end the rule of Syrian President Bashar al-Assad, President Recep Tayyip Erdoğan said Nov. 29.

“In my estimation, nearly 1 million people have died in Syria. These deaths are still continuing without exception for children, women and men. Where is the United Nations? What is it doing? Is it in Iraq? No. We preached patience but could not endure in the end and had to enter Syria together with the Free Syrian Army [FSA],” Erdoğan said at the first Inter-Parliamentary Jerusalem Platform Symposium in Istanbul.

Turkish military forces initially invaded northern Syria on August 24th, and at the time we were all told that the purpose of the invasion was to “fight ISIS”, but now Erdogan is telling us something completely different.

…click on the above link to read the rest of the article…

Anxiety turns to fear: Markets, energy, Pan and the zeitgeist

August 30, 2015

Anxiety turns to fear: Markets, energy, Pan and the zeitgeist

 The characteristic feeling of the post-2008 world has been one of anxiety. Occasionally, that anxiety breaks out into fear as it did in the last two weeks when stock markets around the world swooned and middle class and wealthy investors had a sudden visitation from Pan, the god from whose name we get the word “panic.” Pan’s appearance is yet another reminder that the relative stability of the globe from the end of World War II right up until 2008 is over. We are in uncharted waters.

Here is the crux of the matter as expressed in a piece which I wrote last year:

The relentless, if zigzag, rise in financial markets for the past 150 years has been sustained by cheap fossil fuels and a benign climate. We cannot count on either from here on out….

Another thing we cannot necessarily count on is the remarkable geopolitical stability that the world experienced for two long stretches during the fossil fuel age. The first one lasted from the end of the Napoleonic Wars in 1815 to the beginning of World War I in 1914 (interrupted only by the brief Franco-Prussian War). The second lasted from the end of World War II in 1945 until now.

Following the withdrawal of U.S. military forces from Iraq, the Middle East has experienced increasing chaos devolving into a civil war in Syria; the rapid success of forces calling themselves the Islamic State of Iraq and Syria which are busily reshaping the borders of those two countries; and now the renewed chaos in Libya. We must add to this the Russian-Ukranian conflict. It is no accident that all of these conflicts are related to oil and natural gas.

…click on the above link to read the rest of the article…

 

Fukushima: Thousands Have Already Died, Thousands More Will Die

August 20, 2015

Fukushima: Thousands Have Already Died, Thousands More Will Die

Official data from Fukushima show that nearly 2,000 people died from the effects of evacuations necessary to avoid high radiation exposures from the disaster.

The uprooting to unfamiliar areas, cutting of family ties, loss of social support networks, disruption, exhaustion, poor physical conditions and disorientation can and do result in many people, in particular older people, dying.

Increased suicide has occurred among younger and older people following the Fukushima evacuations, but the trends are unclear.

A Japanese Cabinet Office report stated that, between March 2011 and July 2014, 56 suicides in Fukushima Prefecture were linked to the nuclear accident. This should be taken as a minimum, rather than a maximum, figure.

Mental health consequences

It is necessary to include the mental health consequences of radiation exposures and evacuations. For example, Becky Martin has stated her PhD research at Southampton University in the UK shows that “the most significant impacts of radiation emergencies are often in our minds.”

She adds: “Imagine that you’ve been informed that your land, your water, the air that you have breathed may have been polluted by a deadly and invisible contaminant. Something with the capacity to take away your fertility, or affect your unborn children.

“Even the most resilient of us would be concerned … many thousands of radiation emergency survivors have subsequently gone on to develop Post-Trauma Stress Disorder (PTSD), depression, and anxiety disorders as a result of their experiences and the uncertainty surrounding their health.”

It is likely that these fears, anxieties, and stresses will act to magnify the effects of evacuations, resulting in even more old people dying or people committing suicide.

Such considerations should not be taken as arguments against evacuations, however. They are an important, life-saving strategy. But, as argued by Becky Martin,

“We need to provide greatly improved social support following resettlement and extensive long-term psychological care to all radiation emergency survivors, to improve their health outcomes and preserve their futures.”

 

 

…click on the above link to read the rest of the article…

 

Anxiety and Interest Rates: How Uncertainty Is Weighing on Us

February 8, 2015

Anxiety and Interest Rates: How Uncertainty Is Weighing on Us

Anxiety and uncertainty are weighing on individuals even where the overall economy is growing.

Some of this angst is the fallout from advances in information technology. The Internet, ubiquitous computing, robotics, 3-D printers and the like are wonderful advances, yet they may also be personal threats: For some, the technologies may eliminate our jobs or potential future jobs, or make them less lucrative. For others, they may bring new riches.

Even people with moderately high incomes have reason to be uncertain. Some college professors, tenured or not, might lose their jobs in the face ofmassive open online courses, while others prosper from them. Lawyers might find less demand for services that can be supplanted by computerized legal research tools. News and entertainment media have already faced huge technology-related job losses.

Such fears are not measured by the usual consumer confidence indexes. The University of Michigan Consumer Sentiment Index reached its highest level since 2004 in January. But this index, and others like it, look ahead only into the short term and report about perceived aggregate conditions rather than individual risks.

…click on the above link to read the rest of the article…

 

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