{"id":42851,"date":"2019-01-16T20:32:56","date_gmt":"2019-01-17T01:32:56","guid":{"rendered":"https:\/\/olduvai.ca\/?p=42851"},"modified":"2019-01-16T20:33:48","modified_gmt":"2019-01-17T01:33:48","slug":"world-is-comfortably-unaware-of-approaching-disaster-andrei-polgar","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=42851","title":{"rendered":"World is Comfortably Unaware of Approaching Disaster \u2013 Andrei Polgar"},"content":{"rendered":"
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World is Comfortably Unaware of Approaching Disaster \u2013 Andrei Polgar<\/a><\/h3>\n<\/header>\n
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\"\"<\/a><\/strong>Best-selling author of \u201cThe Age of Anomaly,\u201d<\/strong> economist Andrei Polgar, says the world is set up to be blindsided in the next financial disaster. Polgar points out, \u201cRight now, after so many years after the \u2018Great Recession,\u2019 not only are people comfortably unaware, but even worse yet, the entire idea of financial preparedness has been discredited. I have noticed this because I have been on many shows promoting my book. . . . People are not that interested in financial preparedness. A common element was always this: People have made predictions, and they didn\u2019t pan out. Other analysts have made gloomy predictions, and they didn\u2019t pan out. So now, the general public has essentially been numbed. One of the big issues I talk about with my book is sustainable financial preparedness, and it\u2019s a tough sell. It\u2019s a tough sell because people are even worse than just ignorant in an uncomfortable way; they are downright dismissive with anything that has to do with financial preparedness. So, on top of all the problems with our economy, and on top of all the political issues you are well aware of, we also have this general state of not even apathy, even worse, contempt . . . of financial preparedness in general.\u201d<\/p>\n

<\/span>Polgar says, \u201cMarket crashes are cyclical. Of course, we are going to have one, and I am not afraid of the idea of a market crash. I am afraid of what happens when the chain is broken or, to put it differently, when the status quo no longer works. . . . Your readers comment about being comfortably ignorant. That makes perfect sense. People have in their mind, yeah, there is going to be a crash, but central banks and governments will have it all under control.\u201d<\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

World is Comfortably Unaware of Approaching Disaster \u2013 Andrei Polgar Best-selling author of \u201cThe Age of Anomaly,\u201d economist Andrei Polgar, says the world is set up to be blindsided in the next financial disaster. Polgar points out, \u201cRight now, after so many years after the \u2018Great Recession,\u2019 not only are people comfortably unaware, but even […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[24003,19041,24004,24002,501,9699],"class_list":["post-42851","post","type-post","status-publish","format-standard","hentry","category-economics","tag-andrei-polgar","tag-financial-cycles","tag-financial-preparedness","tag-greg-hunger","tag-market-crash","tag-usa-watchdog"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/42851","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42851"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/42851\/revisions"}],"predecessor-version":[{"id":42852,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/42851\/revisions\/42852"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}