Comments on: Hurricane Ike and Fear

By: Carnival of Money Stories #77 | My Daily Dollars

Carnival of Money Stories #77 | My Daily Dollars — Fri, 03 Oct 2008 13:15:05 +0000

[...] presents Hurricane Ike and Fear posted at [...]

By: bobbette

bobbette — Tue, 16 Sep 2008 18:51:21 +0000

Also, the gas pumps are run on electricity and if the electricity is out for weeks, where would people get gas. I don’t think they need to RUSH but just be aware. I live in Florida and if you are sensible, everything works out well. Not much you can do about it anyway except heed the wrnings and be prepared.

By: Carnival of Money Stories #77 « My Daily Dollars

Carnival of Money Stories #77 « My Daily Dollars — Tue, 16 Sep 2008 11:29:31 +0000

[...] presents Hurricane Ike and Fear posted at [...]

By: todd

todd — Mon, 15 Sep 2008 01:22:42 +0000

Good point Eric. Definitely something worth considering.

By: Eric

Eric — Sat, 13 Sep 2008 23:53:11 +0000

Having grown up in the 70’s, I think you are missing the point. You are assuming that there will be gas to buy. If the storm damage is bad enough, a large portion of the refining capabilities for the US – the whole US – would be affected. There is a very real possibility that gas supplies could be disrupted to the point where no matter the price, there just is no gas available.

By: The World's Worst Stock Picker

The World's Worst Stock Picker — Sat, 13 Sep 2008 19:51:27 +0000

If you want to understand how the masses can behave in an irrational way you should read
Manias, Panics, and Crashes: A History of Financial Crises. It is called herd mentality.