I've noticed that the most vocal players in this alleged "September Crisis" are self-proclaimed financial "experts" who are offering their "solution" for surviving the crisis to "all of our subscribers". Subscribers to what? To their newsletter. Typically, it seems, the subscription rates for such newsletters tend to be outrageously expensive. I heard this guy in the video saying his company is offering a "free report". That's a typical "trick" that all of these pitchmen use. They "imply" that you'll get all the information you need to survive whatever coming disaster they happen to be pushing. But the reality is that the "free report" is just more fear-mongering literature that doesn't really tell you much more than they've already told you in their pitch. The content of the "free report" is designed to entice you into purchasing a subscription to their newsletter in which the actual details of their "solution" will be revealed. Case in point: Toward the end of this guy's "free report" it clearly states the following:
"But you will need to subscribe to gain the full impact of the critical actions we are recommending."
This is a money-making scheme that has been in use for many decades. There are entire catalogs available that are full of nothing but "free reports", each implying that all the information you need is in the report. But when you get the report you find out the "real" information is only available for a price.
I noticed this guy is offering a "special discount" for a limited time on his company's newsletter. It's about $40. That might not seem too expensive (and it isn't compared to some I've seen and I don't know what their normal price is). But even at this discounted price, let's say 10,000 people decide to subscribe at this price. That's $400,000 that goes into their pockets. Now, 10,000 might seem like a large number of people. But it's actually a tiny number when you consider there are about 250,000,000 adults (over the age of 18) in the U.S. I wouldn't be surprised if the number of new subscribers will be closer to 100,000. At $40 a pop, that's $4,000,000.
Will this shemitah thing actually usher in a financial crisis? I have no idea. But I do know that if they can scare enough people into believing it to the point where the people pull all their money out of banks, that action alone could cause banks to fail which would certainly start the ball rolling down hill. It would be what's known as a "run" on the banks. This type of scenario is what sociologists call a "self-fulfilling prophecy".
Self-fulfilling prophecy is defined as any expectation, positive or negative, about a situation or event that affects an individual behavior in such a manner that it causes that expectation to be fulfilled.
“A false definition of the situation evoking a new behavior which makes the originally false conception come true”
Individuals react to a situation the way they perceive it and so their reaction is governed by their perception of that particular situation. No matter what the situation means in reality, their reaction toward the situation causes it to be fulfilled in accordance with their perception. (http://literarydevices.net/self-fulfilling-prophecy/)
A bank run (also known as a run on the bank) occurs when a large number of bank customers withdraw their deposits because they believe the bank is, or might become, insolvent.
As a bank run progresses, it generates its own momentum in a kind of self-fulfilling prophecy: as more people withdraw their deposits, the likelihood of default increases, and this encourages further withdrawals. This can destabilize the bank to the point where it faces bankruptcy. (http://theamericandreamfilm.com/the-knowledge/bank-run.php)
If such a financial crisis should occur on the scale that this guy (and others like him) are predicting, I have no doubt they've figured out a way to profit immensely from the situation.
Anyway, just something to think about. ;-)
Im glad you spent the time to pen those thoughts... I can recall the time when this site had a different name an from my recollection the "fear postings" were far less than they are now. I often wonder about anything we get on yoo tube.. they always seem so professionally made.... for me it begs the question how many working men and women would actually have the time and resources to make these videos ?? "positive" or "negative" and what is the real behind the scenes agenda ?? its constant stimulation from all sides. sometimes its best to go without and look within.. the information age is great but there comes that point of overload... Terrence McKenna called it complexification or novelty is increasing exponentially... so we as a planet are moving towards the con-crescence now (or point of singularity) at what seems like light speed. Have you ever watched the last video Terrence made in the Amazon Jungle where he talks about de-constructing time? now that's a real video!!! :)
I love how you label posts that bring awareness to the world we live in - one that is actually in entropy - as fear posts.... Maybe this is something you may want to work on, so that you're not in fear when you are presented with the obvious reality that we live in.
I'm merely pointing out, and bringing awareness to a long standing and effective marketing tactic known as the "Appeal to Fear". It's one of the top 5 psychological tactics used to sell products and services. It's used by marketing agents to promote all sort of things.
There might or might not be some shred of truth to the promise implied by the spiel for the product, service, or agenda that is being promoted. That's up to the viewer to decide for him/herself. It's just something to be aware of. Caveat Emptor and all that.
I agree that there are marketing tactics that do use fear. And thanks for pointing this out. And my point was: Let's not throw out the baby with the bath water... ; )
Indeed! Throwing out the baby with the bath water is always a bad idea. LOL
Yes, he is promoting his website and business... But, his message is not new - nor his. It is now common knowledge. I posted it to show someone else's perspective on it.
I fully agree with you. I followed through on one of those "free" reports and it was nothing but a come-on for the expensive newsletter.