A Bad Economy is Self-fulfilling

By admin

The media is very fond of telling us about the bad economy every time we turn around. How does that make you feel? Like going out and buying new furniture and then going out to dinner? Or like withdrawing all your money from the bank and hiding it in a cracker box? For most people it’s the latter. And you know why, right? You got it – because most people are mindless drones who don’t think for themselves and allow everything they hear and see to program their behavior. In short, most people are idiots. (I know you aren’t one of them or you wouldn’t be here reading my blog.)

It just so happens that Mama Riah and I went out a couple weeks ago and bought a new couch before going out to dinner. The furniture store was packed. They were selling stuff left and right. The nightly news would have me think that these places are nailing boards over the entrance as all the employees get into a 27-mile long unemployment line. But that’s not what is happening if you get off your butt and go look around for yourself.

However that doesn’t mean that a bad economy isn’t right around the corner. A real bad economy. One where credit dries up completely and people actually do stop spending. What you have seen so far ain’t nothing folks. Things could get bad. Real bad. And you know how that could happen, right? The media keeps pounding and pounding the idea of how bad things are until it resonates inside everyone’s brains and then people become scared. In other words, we all get brainwashed into a bad economy.

For some people this has already happened. In our local news last week there was a story about an elderly lady who heard the news about possible bank failures so she promptly withdrew all her money in cash. She stashed an envelope containing $10,000 in a cracker box. For some inexplicable reason she then decided that she didn’t want the crackers and would rather have the $2.63 cents back that she spent for them, no doubt because of the scary bad economy news stories.

You can guess the rest. She glued to top back together and returned the cracker box to the market and got back her $2.63. After a couple days she realized her mistake and went to the store to ask for her crackers back, explaining the situation. They told her that returned food boxes go back to the manufacturer and that she likely had lost her money.

By some miracle the cracker box got put back on the shelf and purchased by an extremely honest family who returned the box to the store and reported the found money. So the crazy old cracker lady got her money back (and didn’t bother offering a reward), but that isn’t the point of this story.

It is this: If you hear that the economy is bad and that information alters your behavior, you will be responsible for helping to create a worse economy than the present situation (whatever that may be). In my opinion the present situation isn’t bad at all, based upon what I observe around me. Take it from an out-of-work sub-prime mortgage lender! However if we allow ourselves to be brainwashed into a bleak picture of things, it will become our reality. Just ask the crazy cracker lady.

Papa Riah

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