Therapists See Massive Spike In Patients Suffering From “President Trump Stress Disorder” - Peter Schiff the Bitcoin Bear Doubles Down

in #bitcoin7 years ago (edited)

What's up, everyone! I have two stories for you today, so let's get into it...

Therapists Report A Massive Spike In Patients Suffering From “President Trump Stress Disorder”

The sensational headlines and hysteria from the mainstream media and liberal politicians are still racking peoples nerves as therapists around the country are seeing more patients suffering from what they are calling “President Trump Stress Disorder.”

The New York Daily News recently interviewed several doctors and therapists who say that their practices are booming with people suffering from political anxiety.

Therapists report that their practices are more robust than ever. Deborah Cooper, a California-based therapist said she can hardly accommodate all of her patients. “I have people I have not seen in literally 30 years that have called me to come back in because of trauma,” she said. “I am more than full. I am overworking.”
She cited Trump’s lackluster condemnation of the white supremacist rally in Charlottesville as one in a string of anxiety-inducing events that are “coming too fast and furious” for her patients — and her practice — to handle.
Clinical psychologist Scott Christnelly said President Trump’s remarks Tuesday serve as confirmation that his patients’ anxiety is well founded. “This is more evidence they should be anxious. There is evidence the anxiety is real, and it’s not just something they are making up,” he said.

There is no doubt the anxiety is real, but it's arguably being trigger by the fakestream media who has done nothing push hysterical anti-Trump propaganda for months on end.

“I don’t think I have a patient that has never mentioned it. It’s remarkable,” said Sue Elias, a New York-based psychotherapist.
Elias described a patient raised in a dysfunctional, alcoholic household whose past traumas have been brought to the surface by Trump. Her worries and fears now interfere with her day-to-day functioning.
“This is so triggering for her, the feeling of every day, what is going to happen next,” Elias said. “It has interfered with her work and she is really struggling…”
…Talkspace, an online therapy service, also reported three times more traffic than usual in January. Demand for its services remains about one and a half times higher than usual, its founder and CEO Oren Frank told the Daily News.“

The article goes on to give five recommendations from these therapists for people who are having trouble coping with Trump. They include unplugging from the 24 hour news cycle, getting involved in organizations and political movements they support so that they don’t feel so helpless, exercising, and trying to understand Trump supporters rather than vilifying them.

Essentially the therapists are saying, "STOP BEING SNOWFLAKES AND GROW UP."

I suggest checking out @lukewearechange most recent post in which he breaks down how the non-stop hysterical headlines that fill the news cycle are driving people up the wall and further apart. Find his post HERE.


Infamous Bitcoin Bear Peter Schiff Doubles Down: Even at $4,000 It's Still a 'Bubble'

If anyone can ruffle the feathers of hardcore believers in Bitcoin, it's Euro Pacific Capital CEO Peter Schiff.

Schiff, who famously predicted the 2008 mortgage crisis, has been bearish on Bitcoin since he's heard about the coin, calling it fool's gold and comparing its surge to the tulip mania in the 17th century.

Schiff told CoinDesk that he believes that a bubble mentality is what is driving Bitcoin's price to new highs.

"There's certainly a lot of bullishness about Bitcoin and cryptocurrency, and that's the case with bubbles in general. The psychology of bubbles fuels it. You just become more convinced that it's going to work. And the higher the price goes, the more convinced you become that you're right. But it's not going up because it's going to work. It's going up because of speculation."

Schiff acknowledges the fact that there is an opportunity to make money when things bubble up but those who hold on too long will get burned.

"People who get in and get out can make money," he said. Unfortunately, that's easier said than done. He added: "Most people never get out. Most people just don't sell, because of the psychology, and what happens to most people is they just keep buying more. So, when it crashes, they don’t just give back the paper profits – they give back real money."

To sum things up for Coin Desk, Schiff said:

"This is a speculative frenzy. Right now, this is a bubble. It's a cult. When you're in it, obviously you need more people to believe in it, because the price can only go up if other people buy in. In that sense it's a natural Ponzi scheme – a lot of it is just plain greed."

You can read the full interview HERE. Schiff gets into why he thinks Bitcoin is not a viable form of money and how regulators are bound to take a hold of the digital asset. He also gets into how he believes Bitcoin's future is uncertain considering new and better forms of cryptocurrency can take its place in the top spot.

What do you think about Schiffs assessment? Is he right? Or does he not understand the technology? Let me know in the comments below.

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The bubble is in fiat. Bitcoin is a free market currency.

President Trump stress disorder!? omg where is a facepalm emoji when you need one! You can bet the therapists in NY and California are probably laying on the couch with their patients crying too... haha

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