Opinion: (Billionaire investor George Soros): “There’s no arrangement for any countries leaving the euro, which in current circumstances is probably inevitable.” The eurozone should develop an escape mechanism for the debts of its most indebted members. “We are on the verge of an economic collapse which starts, let’s say, in Greece, but it could easily spread…The financial system remains extremely vulnerable.”
“I think most of us actually agree that Europe’s crisis is actually centered around the euro… It’s a kind of financial crisis that is really developing. It’s foreseen.”
“We are on the edge of collapse and that is the time to recognize the need for change.” Soros called the survival of the European Union a “vital interest to all” and said the EU needed structural changes to ward off disintegration. The euro had a basic flaw from the start in that the currency was not backed by political union or a joint treasury. “The euro had no provision for correction.”
Comment: That was precisely the miscalculation. No one thought about it in the beginning, and no one is thinking about it now. Egoism has to develop to its full exhaustion as the driving force of human society, civilization, and life in general—until the realization of evil.
Then due to the realization of evil and to the extent of our sensing it, we will be able to turn to its correction because we will feel that the only vital goal is precisely the transformation of egoism into altruism. In other words, we have to experience the rule of “I created the evil inclination, and I created the Torah as a spice” to its full measure.
However, the realization of evil can be accelerated and softened by wisdom because knowledge helps us to predict far-off consequences, to avoid the unnecessary and harmful, and to choose the correct path.
That is why we have been given Kabbalah: It enables us to alleviate and accelerate the achievement of the goal: the transition from egoism to altruism. Then, fundamentally correct alliances will be formed, which will consider common political and economic objectives, meaning that they will be based on the full cooperation of the entire humanity.