HOSER:
When I came into the JW religion in the late nineteen seventies, not a word was mentioned to me about the 1975 fiasco. I would have had second thoughts about joining if I had known about this!
As for people before 1975 cashing out life insurance policies, getting into debt, selling homes and living off the proceeds and the money drying up..I certainly believe it...I already know of a few JWs within the last decade who apparently dropped out of the workforce before retirement age in order to live in attractive exotic places..BTW, these are JWs who criticized me for my full time job and wouldn’t be caught dead in the workforce.
I think they thought the End would come before their money dried up..I last heard rumors of them asking the ‘friends’ to send fund$.
So, it would appear that history is repeating itself with regard to the attitudes right before ‘75. People don’t learn, it seems.