What Caused the Current Financial Crisis?
News Report (translated from gazeta.ru): The United States government is trying to put the blame for the financial crisis on the rating agencies, who knew about the great risk that was coming but kept giving high reliability ratings to companies that didn’t deserve them.
However, the impending financial crisis could not have been unnoticed by the investment companies, or by officials in the United States and other countries. If the institutions that can see all the risks will continue to keep silent about it in order to avoid sowing panic among the population, then they will harm the population even more. The chief economist of ITinvest, S. Yegishantz, predicts that the lessons will be learned three to five years later, when the world economy will be in ruins and humanity’s objective will be just to survive.
My Comment: What difference does it make “Who’s to blame?” (supposedly!) or who is trying to hush up the financial crisis? The crisis keeps progressing regardless. We have to find its true cause – the quality of egoism inherent in man’s nature, and an effective way to overcome it. It can only be overcome by the force that can correct egoism – the force of the Light that created egoism in the first place. This force is evoked when we study it – by studying Kabbalah. This is what we should do instead of looking for for a scapegoat – “who hushed it up” or “who is trying to hush it up now.”
If the remedy for the disease hasn’t been found, then maybe it’s better to silence it in order to avoid sowing panic and unnecessary depression. This is what the governments are doing for now. Since Kabbalah talks not only about the nature of the crisis, but also about the remedy, it is very important to disseminate Kabbalah’s view on the crisis, its nature and the method of healing it. Let’s work together to help the world learn about the solution to the problem!
Related Material:
Laitman.com Post: The Financial Crisis – an Analysis