When it gives way, things will happen fast

comment:

This is a story about a survivor of the Argentinian crisis in 2001. If anything, it warns against "normalcy bias" because things can go downhill very fast.

Another thing you should note is that the government stops being your friend and actually becomes your enemy.  They will take everything you have and there's nothing you can do about it.

People are too trusting.  It's going to happen here eventually.  Maybe sooner rather than later.

Published on Zero Hedge (http://www.zerohedge.com)

Home > Guest Post: This Is What Crisis Feels Like

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Guest Post: This Is What Crisis Feels Like

By Tyler Durden

Created 06/12/2013 - 18:34

On December 1, 2001, Argentina's economy was in trouble. Unemployment was high, debt was high, and recession had taken hold. But life was somewhat 'normal'. Basic services still functioned. And no one had to really worry about... food. Or water. Then it all changed. Literally within a day...

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• Recession
• Unemployment

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Source URL: http://www.zerohedge.com/news/2013-06-12/guest-post-what-crisis-feels