Pedals & Progress

  • Home
  • Pedals & Progress

Pedals & Progress Pedals & Progress
The Goyo Larrazabal Podcast

The "Ostrich Effect"It’s described as “a cognitive bias where people avoid, ignore, or deny uncomfortable or negative in...
02/04/2026

The "Ostrich Effect"

It’s described as “a cognitive bias where people avoid, ignore, or deny uncomfortable or negative information, such as financial, health, or performance data. Named for the myth that ostriches bury their heads in the sand to avoid danger, this behavior helps individuals avoid short-term emotional discomfort but usually leads to worse long-term outcomes.”

There are two main points to this:
Information Avoidance: People intentionally avoid learning facts, such as failing to check medical results or avoiding performance feedback, because they fear the information will be unpleasant or damaging
Consequences: Ignoring problems often leads to their escalation, causing greater costs (financial, emotional, or physical) in the long run.

In a study published in Psychological Science, the research team led by postdoctoral scholar Radhika Santhanagopalan, PhD’25, discovered that as children aged, the tendency to avoid information grew stronger. In their initial experiment, the researchers looked at five reasons why we might willfully choose to remain ignorant:
1. To avoid negative emotions like anxiety or disappointment
2. To avoid negative information about our own likability or competence
3. To avoid challenges to our beliefs
4. To protect our preferences
5. To act in our own self-interest (perhaps while trying to appear not self-interested)

Santhanagopalan admits that there are some good reasons to avoid negative information. Information can overwhelm, threaten, and paralyze. However, excessive avoidance can also have severe negative consequences, such as deepening political polarization or ideological rigidity. Which is where we are now. As a whole, the war affects all of humanity, where women, little boys, and girls, and even babies are killed. Where schools, hospitals, and clinics are indiscriminately bombed.

We are not affected directly, but that should affect us, as it pertains to morality. Though some choose not to be aware, or shut off information because we’re thousands of kilometers away from the Middle East, we are directly affected, because we are burdened by the effects of a war we have nothing to do with. Not convinced we are affected? Just go to the nearest gas station and check the prices of gasoline and diesel. That will knock you back to reality.

I understand. In a world of information overload, it can feel soothing to stick your head in the sand. If something ails you and you don’t like what the doctor says, it’s easy: just don’t make a follow-up appointment. If your favorite politician says something you don’t like, simply move on to the next news article and act as if you didn't just see what you did. These actions, avoiding uncomfortable information is common, that’s the “Ostrich effect.”

We were all curious when we were younger. But as we grow older, many choose to modify their behavior, no longer involving themselves in matters that are inconvenient. We’ve seen this at various stages in our lives: “Shhh, don’t mind that. Just focus on yourself.” We’ve seen this many times.

Today, let’s focus on how some people have taken this approach regarding the war in the Middle East:
“Don’t mind them in the Middle East. Ang layo natin sa Pilipinas.” “Hayaan mo na sila. Hindi natin problema yan.” “Wala tayong pakialam kasi hindi natin Presidente si Trump.” “ Ayaw na ug saba, kay wala tay’ labot anang gera.” “Hilum nalang diha, kay tingali nay ma offend kung mag saba ka. Don’t say anything, it might offend others.”

Well, unfortunately, we are affected, and we feel the effects. As I mentioned above, just go to the nearest gasoline station (especially on a Tuesday), and any isolationist view you have will go flying out the window.

Some manufacturers have held off on raising prices, with commitments to the government to delay price increases as much as possible, which is good news for the consumers. But with the price of diesel in the Philippines increasing about 80% (one of the highest increases in the world), how long can they keep that promise? This uncertainty leads to further questions: What if the war does not end soon? What if, even after the war ends, damaged oil facilities in the Middle East take a long time to repair?

With recent pronouncements from several US officials and over 20,000 troops transported to the Middle East in the past few days, a ground war looks increasingly likely. Initial statements suggested this would be a two-week war. But as some would say, the hardest part of a two-week war is the first two years. Polymarket puts the odds of when the war between the US/Israel and Iran will end:
April 15: 13%
April 30: 30%
May 31: 46%
June 30: 61%
Dec. 31, 2026: 73%

I know, it can be stressful reading the news. It adds to our already raised anxiety. But burying your head in the sand, choosing to ignore what’s going on around you, will only make things worse. Understand that there are many things we have no control over. But being informed will help us navigate these troubling times. Like purchasing fuel. Yes, we do not have control over the prices, but knowing when the price increase will take effect and by how much will allow us to plan our budget and even when to buy gasoline.

This week is Holy Week, and today is Maundy Thursday. I have to share that I love what Pope Leo has been doing, and he’s being vocal about the war. He has pointed out how wrong it is and how wrong people are to use the Bible to justify it. Last Sunday, Pope Leo made a public statement – “Jesus is the King of Peace, who rejects war, whom no one can use to justify war. He does not listen to the prayers of those who wage war, but rejects them.”

The Weekend WarPresident Trump declared the US-Iran war would be brief, but a month in, no end is in sight. Despite his ...
25/03/2026

The Weekend War

President Trump declared the US-Iran war would be brief, but a month in, no end is in sight. Despite his repeated claims of victory, the Strait of Hormuz remains closed, continued bombings are called for, and Iran keeps launching missile strikes at US bases in neighboring Gulf states. The war, clearly, is not over.

Something unusual is the tempo of the war, particularly in the US's actions and pronouncements.

Over the past few weeks, a pattern appears to be emerging. During the week, the usual incoherent and contradictory pronouncements by President Trump seem to be focused on the markets. Major announcements or escalation of attacks occur at the end of Friday, when the stock market has already closed for the weekend. Then, before the markets open Monday morning, President Trump would post on his social media platform, which would appear to placate market concerns, often triggering a sudden upward spike that stabilizes the markets. Later on, when it is posted and shown to be erroneous or a lie, the market dips and drops.

The pattern is clear: major market moves follow political statements. Last Monday offers the sharpest example. On March 23 at 7:04AM EST, President Trump posted, “The US and Iran have had productive discussions to end the Iran War.” Six minutes later, the S&P 500 gained 240 points—adding US$2 trillion in market cap. Twenty-seven minutes later, Iran denied any contact. By 8:00AM EST, the S&P 500 had dropped 120 points, erasing US$1 trillion in value. That’s a US$3 trillion swing within an hour, driven by shifting headlines. Interesting part of this? The Financial Times reported that some traders placed US$580 million in oil bets ahead of President Trump’s social media post on Iran talks. As a result, those who made a purchase made a lot of money. All within an hour. There were patterns already pointed out by some market analysts of insider trading, but last Monday was the most blatant.

News reports have pointed out that, before the war broke out, members of the Trump family invested in companies that appear to have secured military contracts from the US government. From investing in companies that produce weapons and missiles, to a company that looks like it is securing a contract to make drones for the war effort. With so many countries dragged into this war and with so many attacks, the weapons that had been in stockpile by the US and other governments are getting depleted and need replenishment. Soon. With President Trump asking Congress for $200 Billion dollars for the war, it seems it’s a boon for the military industrial complex.

This war is different from other wars, because, unfortunately, what some people pay attention to, are not the 236 healthcare centers in Iran that were destroyed, the 9,218 commercial units in Iran that US/Israel has bombed, the 67,414 Homes in Iran destroyed, the 498 schools bombed in Iran, the use of white phosphorus on civilian population in Lebanon by Israel or the use of cluster bombs by Israel on Lebanon and by Iran on Israel. Also, the military facilities and transportation hubs across the Gulf states targeted by Iran, in retaliation for strikes by the U.S. and Israel, which caused damage to targets in Saudi Arabia, the UAE, Qatar, Kuwait, and Bahrain.

No, for some, the numbers that have unfortunately mattered are the surges and drops in the stock markets, and how much some profit from it. The billions of dollars in defense contracts that will be awarded, not only to replenish depleted armories, but also to stock up on their arsenal.

To some, war is not dictated by the human cost - the lost lives, children killed, families forever torn apart, the homes, schools, medical facilities and civilian buildings bombed. This is shaping up to be a weekend war quantified by money and profit. And that, is a real tragedy.

OFF THE BEATEN PATHPresident Trump declared the US-Iran war would be brief, but a month in, no end is in sight. Despite his repeated claims of victory, the...

13/02/2026
With so much discussion about the top tourist destinations in the Philippines, I think it’s a disservice to yourself to ...
12/02/2026

With so much discussion about the top tourist destinations in the Philippines, I think it’s a disservice to yourself to limit your plans to traditional tourist spots. There are several other places to visit in the Philippines that offer different experiences. Many of these places can be reached by flying to nearby airports, taking a boat, driving, or a combination of modes.

OFF THE BEATEN PATHWith so much discussion about the top tourist destinations in the Philippines, I think it’s a disservice to yourself to limit your plans to...

08/02/2026

OFF THE BEATEN PATHI’m writing this from Sapporo, Japan. Sapporo is a winter tourist destination, and this week, the annual snow festival is happening....

24/12/2025

Wishing everyone a Blessed and Merry Christmas!😍🥰😘

Season 2 of Pedals & Progress… Coming in 2026!! 😎😃😍

24/12/2025

In this week’s episode of Pedals and Progress, we sit down with renowned art consultant Migs Rosales to explore the current pulse of the art market and how art selection transforms a living space into a personalized sanctuary. Discover the secret to making your house a true home with art that speaks to you.

17/12/2025

Address

2240 Chino Roces Avenue

1233

Opening Hours

Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 17:00
Saturday 09:00 - 17:00

Telephone

+639188884696

Website

Alerts

Be the first to know and let us send you an email when Pedals & Progress posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Pedals & Progress:

  • Want your business to be the top-listed Transport Service?

Share