News Report (from Columbia Journalism Review): Those hoping for a quick rebound are likely to be disappointed. Economists and other pros generally say home prices won’t bottom out before the second half of 2009, and some don’t see a bottom until 2011 or 2012. Even when they stop falling, prices may scrape along the bottom of the rut for years.
Dowell Myers, a professor of urban planning and demography at the University of Southern California, warns that the retirement of boomers over the next two decades is likely to depress house prices in many areas. … there will be a lot more sellers than buyers.
So how long will this crisis last?
My Comment: There’s an expression in Latin: Quantum satis – “as much as necessary.” For example, it can be used to designate an unspecified amount of dilution, where the intended meaning is: as much as can be absorbed, or as much as will suffice.
So, the crisis will continue until we realize that it is but an expression of our mutual, shared egoism, and that the only way to come out of it is by correcting our egoism. Hence, time won’t heal us, but will only bring greater crises. For instance:
News Report: 11,000 delegates from 185 countries have gathered at the The United Nations Climate Change Conference, where scientists are expressing the concern that mankind has a time table of only one year to develop a realistic plan to save the Earth from the fatal consequences of global warming.
My Comment: It’s possible that we will experience several different manifestations of the crisis at the same time. That’s because there is only one underlying cause for all the crises: our egoistic relationships, which can only be corrected by the Light that descends during the study of Kabbalah. So study and watch Kabbalah TV. This is not an advertisement, but advice! Kabbalah tells us about our corrected states. When you study them (whether by reading, hearing or watching), you come in contact with those states and draw energy from them onto yourself, or in other words, you draw the Light from those corrected states. This Light corrects you, and then the crisis disappears!