If people realise that, they are afraid people will say no.

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So when people are afraid, they bid up the price of investments that are perceived to be safe.

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It means that people are afraid of leaving the area where they live.

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As usual, in these situations there is a teachable moment that is missed because people are either afraid or determined not to explain why they did what they did, and why a moment of idiocy is a chance for a teacher, students and a whole community to learn a little something.

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Now the stock is suffering because people are so afraid of what may happen to capital gains rates in 2013 that they are selling now to ensure their big gains are taxed at just 15%.

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