ARE YOU SEEING WHAT I’M SEEING? A disappearing middle class.

JP I wasn't disputing how a positive mindset can enable you to survive after the event. The analogy was an example of employing a positive mindset inspite of overwhelming evidence to the contrary. This isn't about being positive. It's about ignoring negative signals because that may taint one's positiveness. 

I have both a positive and negative outlook on a variety of things. I have a negative view of economies going forward but am positive on the opportunities that may eventuate. I have a hedging strategy in place that could do very well if things turn to custard so I am confident that whichever way things go I will for the most part do alright. 

I consider myself neither a positive or negative person but more along the lines of a realist who can assess situations logically and not be biased by virtue of membership of a particular group like property investors for example. Many of whom believe they have to project a positive outlook to be accepted within their peer group. Those whose careers are dependent upon the PI market are virtually compelled to be optimistic and positive. Negative pessimistic property people tend to not do very well in the industry.

1930/40 Jews paid a horrific price for placing their faith in eternal optimism in the face of compelling reality. That same characteristic is evident today. She'll be right, it won't happen to us, we're different, our leaders will solve the problem, it's fixable nothing to worry about etc etc. 

The 2008 GFC was a look into the future of things to come if you don't fix the system. To date the system is less stable than then, has no solution that can address the problems and systemic risks and is several magnitudes larger than 2008. In the last 5 years we have managed to over commit what limited resources we have just to contain the problem let alone solve it.

Yet it beggars belief that 90% of the sheeple out there still believe that there is a solution around the corner and that if a reset occurs it won't really affect them too much.

Ziv doesn't see the possibility of apocalypse as realistic. The Libyans, Egyptians, Syrians, Greeks, Spanish, and Bahrainis might disagree with him on that. Of course apocalypse is a personal thing. The Syrian with an mortar shell in his back yard probably thinks his world has collapsed. The Greek family living in a shelter might consider their situation a tad apocalyptic. Living in a mid west American town devastated by economic reform and plagued by a dysfunctional local government, crime and drug gangs might seem a little apocalyptic to some.

Then there's the 'bad guys', the shadow players who bring huge financial and influential forces to the big financial game being played out behind closed doors. Ziv doesn't really believe these boggy men exist yet theirs ample evidence they're there and that a financial war is raging behind the scenes along with a cyber war that steals secrets, technology, IP and wealth. Those theaters of war dove tail in with the ideological and religious wars masquerading as a 'war on terror'.

There'll be those who'll look to label me as a conspiracy nut. If so then they'll have to include the major western powers as conspiracy nutters as well because they're committing resources to counter these boggy men Ziv doesn't think exist.

Mark Mitchell makes compelling reading on the subject. His series of articles elaborating on many of these shadow players, their activities, impact on markets, penetration into financial organisations, what governments are doing, etc can be read on The Miscreants’ Global Bust-Out

It'll be an eye opener for many I'm sure.