The Financial Crisis Is Helping Us To Understand Our Reality

realityNews Report (from Private Sector Development Blog): Martin Wolf, a columnist for the Financial Times and former chief economist of the World Bank stated: “Among the most important tasks ahead is to create a system of global finance that allows a more balanced world economy, with excess savings being turned into either high-return investment or consumption by the world’s poor.”

News Report (from UK in the USA): Gordon Brown, the Prime Minister of Great Britain, believes that the world financial crisis can become the accelerator for the creation of a new kind of society, unique in its aspirations, and he encourages the leaders of the world to lay the foundation for the new global order, internationalism, and the rejection of protectionism.

My Comment: This way, we will gradually reach the awareness of our global system, and from there – the understanding of the quality of the Creator: love and bestowal. Life (Nature or the Creator) will force us to make this decision and implement it.

Related Material: Post: What Can We Expect from the G-20 Summit in Washington? Post: Specific, Practical Measures to Combat the Crisis


  1. The Reason for the economic crisis, we nead to switch to a steady state economy. This was written in The New Scientist.

    Prophesy of economic collapse ‘coming true’

    16:05 17 November 2008 by Jeff Hecht

    Things may seem bad now – with fears of a world recession looming – but they could be set to get much worse.

    A real-world analysis of a controversial prediction made 30 years ago concludes that economic growth cannot be sustained and we are on track for serious economic collapse this century.

    In 1972, the seminal book Limits to Growth by a group called the Club of Rome claimed that exponential growth would eventually lead to economic and environmental collapse.

    The group used computer models that assessed the interaction of rising populations, pollution, industrial production, resource consumption and food production.

    Most economists rubbished the book and its recommendations have been ignored by governments, although a growing band of experts today continues to argue that we need to reshape our economy to become more sustainable.

    Now Graham Turner at theCommonwealth Scientific and Industrial Research Organisation (CSIRO) in Australia has compared the book’s predictions with data from the intervening years.

    ‘Steady state economy’

    Changes in industrial production, food production and pollution are all in line with the book’s predictions of collapse in the 21st century, says Turner. According to the book, the path we have taken will cause decreasing resource availability and an escalating cost of extraction that triggers a slowdown of industry, which eventually results in economic collapse some time after 2020.

    “For the first 30 years of the model, the world has been tracking along an unsustainable trajectory,” he says.

    According to Herman Daly of the University of Maryland, Turner’s results show that we “must get off the growth path of business as usual, and move to a steady state economy,” stopping population growth, resource depletion, and pollution.

    Yet Turner reckons his report [pdf format] shows that a sustainable economy is attainable. “We wouldn’t have to go back to the caves,” he says.

    Journal reference: Global Environmental Change (vol 10, p397)

  2. This sounds more that we are leaving in the end times.  Welcome to the New World Order right before WWWIII.

Discussion | Share Feedback | Ask a question Comments RSS Feed

Previous Post: