Best of the Week
Most Popular
1.UK House Prices BrExit Crash NOT Likely Despite London Property Market Weakness - Nadeem_Walayat
2.BrExit Morning - New Dawn for Britain, Independence Day! - Nadeem_Walayat
3.LEAVE Wins EU Referendum - Sterling and FTSE Hit Hard, Pollsters, Bookies and Markets All WRONG! - Nadeem_Walayat
4.BrExit Implications for UK Stock Market, Sterling GBP, House Prices and UK Politics... - Nadeem_Walayat
5.Trading BrExit - Stocks, Bonds, Sterling, Opinion Polls, Bookmaker Odds and My Forecast - Nadeem_Walayat
6.FTSE and Sterling Brexit Trading, Deconstruction of the EU Referendum Result - Nadeem_Walayat
7.UK Interest Rate Cut to 0.25% Imminent and More QE Money Printing - Nadeem_Walayat
8.Trading BrExit - British Pound Plunges, FTSE Stock Futures Slump on LEAVE Shock Referendum Win - Nadeem_Walayat
9.The Stock Market is Reading it Wrong! - Chris_Vermeulen
10.Breakouts Galore in Gold and Silver - Jordan_Roy_Byrne
Free Silver
Last 7 days
Soybean Commodity Price to Soar Again - 23rd July 16
SPX Stock Market Uptrend Continues - 23rd July 16
Gold And Silver – Debt Addiction Will Carry Precious Metals Higher, Guaranteed - 23rd July 16
Pokemon Go - How to Play, First Use, Balls, Stops, Catching Pokemon's... Great Excercise! - 23rd July 16
7 Signs That the Gold Market Remains Resilient - 23rd July 16
Basic Income in The Time of Crisis - 23rd July 16
Silver Bull Faces Correction - 22nd July 16
The Serious Warning No One’s Talking About - 22nd July 16
Stock Market Insight from Greed, Volatility, and Put/Call Ratio - 22nd July 16
What Will Happen To the Stock Market When Interest Rates Rise? - 22nd July 16
How to Escape the World’s Biggest Ponzi Scheme - 22nd July 16
Addicted to Debt - We Can’t Borrow from the Future Anymore - 21st July 16
Not Everything Is Bullish for Gold - 21st July 16
Don’t Get Sucked Back Into the Stock Market - The Big Picture Hasn’t Changed - 21st July 16
Silver – Caught Inside - 21st July 16
Forex: "The Markets Are Getting Exciting!" - 20th July 16
China Economic Troubles - Is Kyle Bass Finally Getting His Revenge? - 20th July 16
Why Lithium Will See Another Price Spike This Fall - 20th July 16
The Peak Oil Paradox Revisited - 19th July 16
SPX Challenges the Upper Trendline - 19th July 16
Missing ’28 Pages’ of the 9/11 Report Released into Blitzkrieg of World Events - 19th July 16
Likelihood of Organized Disruption at GOP Convention - 19th July 16
More on the ‘Breadth Thrust’ and Stock Market Internals - 19th July 16
FX Traders: Get a Free Week of Forecasts (Details inside) - 19th July 16
Ups and Downs in Gold and Crude Oil Price - 19th July 16
Keep an Eye on ‘Bitcoin’ as the Next ‘Financial Crisis’ Starts! - 18th July 16
Erdogan Might Have Known about the Coup but Didn’t Prevent It on Purpose - 18th July 16
More Deflation Ahead: Silver, Gold And Their Mining Stocks A Must-Have - 18th July 16
Stock Market Minor Top? - 18th July 16
5 Best Gold and Silver Junior Mining Stocks in 2016 - 17th July 16
Gold And Silver – NWO-Created Tragedies Will Never End, Seek Truth - 16th July 16
How Long Can Buybacks Continue To Support A Market Which Is Standing On A Fundamentally Flawed Premise? - 16th July 16
Will They Come For Your IRA? - 15th July 16
Gold’s Record Selling Overhang - 15th July 16
Capitalism Has Entered a New Era—and Historic Stock Market Investing Returns Are Gone Forever - 15th July 16
Gold Price Could Hit $5,000 or Even $10,000 in a Few Years - 15th July 16
Junior Gold and Silver Mining Funds or Individual Gold and Silver Mining Stocks - 15th July 16
The Soaring Risk of Flying in Bernanke's Helicopter - 15th July 16
The Broad Stock Market, Helicopters and Gold - 15th July 16
The Curious Case of Vanishing Lady Liberty; Only Gold and Silver Remember Her - 15th July 16

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

Forex Forecasts

2012 Doomsday Psychology, Millions of Chinese, Russians and Americans Believe the End of the World Is Nigh

Politics / Social Issues Dec 08, 2012 - 07:47 AM GMT

By: DK_Matai

Politics

Panic buying of candles and essentials has accelerated not only in China and Russia, but there has been a simultaneous explosion in the sale of survival equipment, food, fuel and emergency shelters in America in preparation for the Mayan calendar's long count deadline:  December 21st, 2012.  The precise mechanism for the Armageddon to manifest remains vague, ranging from:


1.  Catastrophic celestial collision between Earth and the mythical planet Nibiru, also known as Planet X;

2.  Disastrous crash with a comet;

3.  Annihilation of the global civilisation by a giant solar storm; or

4.  Massive earthquakes and tsunamis caused by planetary re-alignment and expansion.

Nibiru Earth Cataclysm

Rebuttal from National Aeronautical Space Administration (NASA)

NASA has been aggressively seeking to dispel doomsday fears.  It says there is no evidence that Nibiru exists, and rumours it could be hiding behind the sun are totally unfounded.  The space agency has also rejected apocalyptic theories about unusual alignments of the planets, or that the Earth's magnetic poles could suddenly "flip" to cause calamity.  Conspiracy theorists contend that the American space agency is involved in an elaborate cover up to prevent panic.  Dr David Morrison, a senior astronomer at NASA, said: "At least once a week I get a message from a young person, as young as 11, who says they are ill and/or contemplating suicide because of the coming doomsday.  I think it's evil for people to propagate rumours on the internet to frighten children."  What Dr Morrison forgot to mention is that it is not such a good idea to frighten adults either!

Debunking the End of the World Myth on 12-12-12 or 21-12-12

As we approach the end of this year, millions of ordinary people around the world appear to have fallen for the myriad experts and self-styled prophets who continue to announce the impending end of the world either on the elegantly symmetric date of 12-12-12 or December 21st, 2012, the date that marks the winter solstice.  Some inspired people are equally convinced that these magic dates afford a beautiful opportunity for humankind to begin the process of collective transformation; healing on a personal and global level; and to carry out a shift in the global perspective from Duality towards Unity Consciousness.  We could be on the brink of discovering who is right! 

Australian and US Government

The Australian Prime Minister Julia Gillard has filmed a tongue-in-cheek video that says, yes, the Mayans were right and the world is really about to come to an end.  In an attempt to exterminate the hysteria, the US Government confirms we will live past 2012 and the USA.gov website has published a blog post stating that "the world will not end on December 21st, 2012, or any day in 2012."  The US government's decision to debunk the end-of-the-world myth is a tacit recognition that this issue is now ingrained in the collective consciousness of a vast number of American citizens.

The Cyclical Mayan Calendar

The issue with December 21st, 2012 and the predicted disasters, that some think will happen, probably started with the so-called end of the Mayan calendar.  Their calendar does not end on that date; it is just the end of the cycle and the beginning of a new one.

Weibo and the Buying of Candles

"If the Mayans are right, I won’t pay my credit card bill," was one popular post on Weibo, China's version of twitter.   The Chinese are now taking the date of December 21st -- the day the world is supposed to end -- seriously, with panic buying of candles across many counties.  For example, people in two counties of the south-eastern Sichuan Province rushed to buy candles and matches as a rumour said the Earth would be shrouded in darkness for three days on December 21st when the legendary Mayan Calendar comes to an end.  "Candles are selling by the hundreds, with buyers constantly coming to the market. Many stores have run out," according to the West China City Daily newspaper.  The source of the panic was traced to a post on Weibo predicting that there would be three days of darkness when the apocalypse arrives. 

Hollywood Influence

China has no history of preoccupation with the apocalypse, and the current wave of paranoia can be traced to Roland Emmerich's 2009 Hollywood disaster movie "2012". While the film received a somewhat lukewarm welcome elsewhere, it was a roaring success in China, as viewers identified with the plot that saw the Chinese military build arks to save humanity and demonstrated that the Chinese culture was ahead of the rest in its forward planning and foresight.  Since the beginning of December, the word "Mayans" has trended on Weibo as millions of Chinese speculate that the end is nigh.  Alongside "2012", Emmerich's other movies have also contributed to the collective sense of science-fiction catastrophism in global society via "The Day After Tomorrow", "Independence Day" and "Stargate."

Doomsday Preppers

Millions of Americans are also quietly preparing for this doomsday date.  They are called "preppers", and their numbers have absolutely exploded in recent years.   According to a recent newspaper article, there are approximately 3 million preppers in the US alone.   Although, some believe that the actual number is significantly higher than that. This movement has become so popular that there are now even television shows being done about preppers.  The most popular is probably "Doomsday Preppers" on the National Geographic Channel, which highlights that preppers are:

1.  Turning spare rooms into long-term food storage pantries;

2.  Planting survival gardens;

3.  Converting their homes over to alternative sources of energy;

4.  Taking self-defence lessons; and

5.  Stocking up on just about anything one can imagine.

People might be living next door to a prepper and never even realise it!

Russian Concerns

Hundreds of thousands of Russians and Ukrainians have been stocking up on survival goods, including canned food, cereals and matches, ahead of the impending apocalypse.  Russia saw people in Omutninsk -- Kirov region -- rushing to buy fuel and supplies after a newspaper article by a Tibetan monk confirmed the end of the world.   In Tomsk, Siberia, storekeepers are selling “emergency kits” -- for about $30 -- that include food, candles, matches, soap, and even games.  Novokuznetsk city faced a run on salt. Near the Altai Mountains panic-buyers snapped up all the torches and thermos flasks.  Emergencies Minister Vladimir Puchkov said in a statement, "It has been proved conclusively that global catastrophes take place at intervals of between 10 million and 15 million years,” so there is no need to worry.  Dmitry Medvedev, the Russian prime minister, addressed the doomsday situation thus: "I don't believe in the end of the world." Before adding somewhat whimsically: "At least, not this year!" 

At least one Russian official took a humorous slant on the doomsday matter:  "The end of the world has already started in some regions. There is not so much as a minute of daylight in Murmansk or Norilsk," said Roman Vilfand, head of the meteorological service in Moscow.  Failing to clarify that in these extreme northern latitudes, permanent darkness is as normal as the winter solstice in December!

Conclusion

What are all these people so concerned about? Exactly why are there millions of Chinese, Russians and Americans feverishly preparing for doomsday?  The truth is that people will never find two preppers that are exactly alike. Some are deeply concerned about the potential for natural disasters and believe that we are now entering into a time when there will be catastrophic Earth changes and others are concerned about the financial markets and the state of the global economy.  High levels of anxiety are symptomatic of the rapidly evolving global civilisation in which the population, energy consumption and debt are growing exponentially as indeed is their toxic fallout.

What are your thoughts, observations and views? We are hosting an Expert roundtable on this issue at ATCA 24/7 on Yammer.

By DK Matai

www.mi2g.net

Asymmetric Threats Contingency Alliance (ATCA) & The Philanthropia

We welcome your participation in this Socratic dialogue. Please access by clicking here.

ATCA: The Asymmetric Threats Contingency Alliance is a philanthropic expert initiative founded in 2001 to resolve complex global challenges through collective Socratic dialogue and joint executive action to build a wisdom based global economy. Adhering to the doctrine of non-violence, ATCA addresses asymmetric threats and social opportunities arising from climate chaos and the environment; radical poverty and microfinance; geo-politics and energy; organised crime & extremism; advanced technologies -- bio, info, nano, robo & AI; demographic skews and resource shortages; pandemics; financial systems and systemic risk; as well as transhumanism and ethics. Present membership of ATCA is by invitation only and has over 5,000 distinguished members from over 120 countries: including 1,000 Parliamentarians; 1,500 Chairmen and CEOs of corporations; 1,000 Heads of NGOs; 750 Directors at Academic Centres of Excellence; 500 Inventors and Original thinkers; as well as 250 Editors-in-Chief of major media.

The Philanthropia, founded in 2005, brings together over 1,000 leading individual and private philanthropists, family offices, foundations, private banks, non-governmental organisations and specialist advisors to address complex global challenges such as countering climate chaos, reducing radical poverty and developing global leadership for the younger generation through the appliance of science and technology, leveraging acumen and finance, as well as encouraging collaboration with a strong commitment to ethics. Philanthropia emphasises multi-faith spiritual values: introspection, healthy living and ecology. Philanthropia Targets: Countering climate chaos and carbon neutrality; Eliminating radical poverty -- through micro-credit schemes, empowerment of women and more responsible capitalism; Leadership for the Younger Generation; and Corporate and social responsibility.

© 2012 Copyright DK Matai - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

DK MataiArchive

© 2005-2016 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Catching a Falling Financial Knife