In the News (from Euronews): “The rebound of the world’s markets as this week began is far from reassuring, experts warn. Across the Atlantic, the US and EU each say the other should hurry up and pull itself together, or else. In a tit-for-tat fear game, there are elections involved.

“To quote Obama: ‘So they’re going through a financial crisis that is scaring the world and they’re trying to take responsible actions, but those actions haven’t been quite as quick as they need to be.’

“Barack Obama is already re-election-campaigning, and several European countries are heating up for elections, for instance Spain, France, Germany and Italy. Admitting a share of responsibility for the debt crisis is not anyone’s idea of campaign-winning. In all these countries mentioned, public surveys are not looking good for the governments currently ruling the roost.

“Another thing the Americans and Europeans have in common is that their public debts are out on a ledge without a safety net — internationally exposed — each with portions of public debt held by foreign banks.

“No wonder each side wants the other to put its houses in order, and why EU countries of varying good-house-keeping skills want each other to prove their mettle.

“Nobel economics laureate Paul Krugman said: ‘If you actually look at actual actions, as opposed to rhetoric, there’s not so much difference between the United States and Europe: and so in terms of the actual policy, this convergence is unfortunately a convergence on the wrong things: fiscal austerity, hard money… but the result will be disastrous on both sides of the Atlantic.’”

My Comment: Same problems, same solutions. But everyone is trying to shift the blame onto the other. Everyone understands that there is no solution. We will wait until they turn to Kabbalah.
[59030]

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Opinion: (Giulietto Chiesa, former Italian Politician and Member of the European Parliament): “We are at the beginning of the transition period, which has no precedents in history.

“Today it’s clear that the development within a closed system of resources is impossible: The world has reached the limits of development. Coal, oil, and uranium—all resources of the planet are almost exhausted, and it is only a matter of time before they finally run out. Everything that we are accustomed to will change. The civilization of money will be gone.

“This is a truly global crisis, …which includes the energy crisis. Today we use more water than nature can give us. We produce waste that cannot be recycled. We have changed the course of nature.

“We need to understand that the old democracy is dying. In Europe, half of the population does not go to the polls… It’s necessary to create a new system of representation, and this movement must come from below, under the banner of restraining oneself and one’s lifestyle. We need a cultural, organizational, and political revolution.

“This is not about the starving. But even those who could limit themselves do not think about this because we are manipulated, we are duped! People are turned into instruments of buying. Television tells us 24 hours a day what to buy, that our scale of values ​​is purchasing power.

“We need to nationalize the media because they form the fundamental rights of people and cannot be privatized. It is necessary to nationalize the banks that issue money. We are losing control over money.

“We are the citizens of states. The heads of several leading banks are respectable criminals, more influential than any politicians because they have the real power of money.” (Source: dozor.kharkov.ua)

“Do you agree with the thesis that the main threat to the planet comes from China? ‘No, the biggest source of danger today – it’s New York, Wall Street, and the United States. The dollar today is dead, the U.S. – bankrupt. But they are – bankrupt and well-armed. … The economic attacks against Greece and Ireland are provoked only in order to reduce the sovereignty of the European currency and Europe as a whole. Why is the euro stronger today than the dollar – at least because EU debt is lower than the United States’.’” (Source: rosbalt.ru)

My Comment: More and more people begin to realize that the future is only possible within the framework of the economy of reasonable (necessary) consumption, in complete similarity and balance with nature, in the unity of all people according to the principle of mutual guarantee. We are approaching the point about which Kabbalists talked thousands of years ago.
[58543]

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Opinion: (Pavel Andreyev, managing director of foreign exchange markets, Broker Credit Service, from vedomisti.ru): “If Greece decides to leave the euro zone, the effect will be the same as from its default—all the creditors will have holes in their balances, the growth of inflation will accelerate, and credit, consumer, and investment activity will drop severely.

“European banks are now experiencing a liquidity shortage since Europe is going through a trust crisis. …Banks of France are especially weak today because they hold the majority of Greek stocks.

“Due to the European foreign affairs intrigues, the decision will be to ‘throw them under a bus,’ as it happened in 2008 with Lehman Brothers.

“The collapse of one large European bank will cause a chain reaction of default.

“Inflation will be out of control, the cost of gold will reach a new historical peak. The picture will be completed with a panic of the population. …And this will be a full-blown crisis, and recovery can take months, and possibly years.”

My Comment: This is not the way things are going to be: Everything will go in the direction of the discovery of the meaning of the crisis and its correction. After all, the plan of nature (the Creator) is to uncover the purpose of its development, to bring humanity to a single system called “Adam.” Economists and leaders will have to learn how to work in a new system of absolute interconnection called “Arvut (mutual guarantee).”
[58548]

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Opinion: (Jose Manuel Barroso, President of the European Commission): “The debt crisis continues to deepen as the European Commission President Jose Manuel Barroso acknowledged in his annual State of the Union address.

“‘Today we are facing the greatest challenge that this Union has ever had to face throughout its history. This is a financial crisis, an economic crisis, a social crisis but also a confidence crisis towards our leaders.’

“Barroso warned Europe’s leaders they must work more closely together to prevent the 27-member bloc falling apart.

“‘I really believe that we are today at a crucial point in our history, a moment when if we don’t go forward with integration we are at risk of fragmentation. It’s about political will, a crucial test for our generation, and I am telling you, yes, it is possible to get out of this crisis.’

“Many believe Greece must leave the euro zone for that to happen, but Barroso disagrees. He urged the ECB to ‘do whatever it takes’ to sort out the crisis. He called for a quicker introduction of a permanent bailout fund and more efficient use of the capital already in the current fund.”

Opinion: (Guy Verhofstadt, a Belgian politician, a Member of the European Parliament): “…we must put in place a real economic government in Europe to manage economic and fiscal policies. A senior member of the commission should be appointed as a Europe-wide finance minister, who in turn will lead eurozone economic policy and chair regular sessions of the eurogroup – not just a couple of summits a year.”

My Comment: Europe will become impoverished not because of its fight with the financial crisis, but because it doesn’t strive for unification. They hope that this state, which they call the crisis, will pass like a wave. We are beginning a new stage of the development of society, the whole point of which is the total unity of all people in one desire, thought, and feeling, which is what a single body feels itself like.

Nature will push us to this condition with all its forces, which will be manifested exactly where we should have begun to correct ourselves, but are not correcting. That is, the forces that compel us to change are the qualities that we did not correct in time. Had we corrected them, we would have felt ourselves not under the negative, but under the positive influence of nature (circumstances).
[58553]

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1. The development of computer technologies and automation in developed countries have freed thousands from the production of essential goods and services.

2. The availability of cheap labor in Asia brought the relocation of industry to Asia.

3. In order to avoid unemployment, western governments began to create artificial jobs in public service and to increase consumption, which led to the growth of the national debt.

4. Still unemployment grows because it is impossible to create limitless artificial jobs as the national debt cannot grow endlessly.

5. But the new unemployed citizens demand a solution for unemployment blaming the government and the corporations.

6. The investors don’t invest in industry in such unstable conditions, which causes further growth of unemployment.

7. Because the economy has become global, unemployment is also becoming a global problem.

8. Under such circumstances, it is time to reexamine our attitude to the question of how occupied a person should be and to determine what society would look like under the new circumstances.

9. The unemployed should be regarded as students and their studying should be regarded as work beneficial to society.

10. The studies should include the following subjects: the principles of correct child education, the psychology of family relationships, home economics, the structure of society, the evolution of society, globalization and global interdependence, and global ecology and the need to preserve nature.

11. Changing social consciousness of such great masses will bring about a change in attitude among other parts of society and the media, and the world will advance towards greater harmony and balance between its parts and with nature.
[58573]

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Opinion (George Soros, billionaire investor): ”Europe’s debt crisis risks triggering another Great Depression unless euro zone leaders adopt a series of radical policy measures, including the creation of a common treasury.

“‘There is no alternative but to give birth to the missing ingredient: a European treasury with the power to tax and therefore to borrow.’

“‘The German public still thinks that it has a choice about whether to support the euro or to abandon it. That is a mistake,’ he writes.

“‘The euro exists and the assets and liabilities of the financial system are so intermingled on the basis of a common currency that a breakdown of the euro would cause a meltdown beyond the capacity of the authorities to contain.’

“‘The longer it takes for the German public to realize this, the heavier the price they and the rest of the world will have to pay.'”

My Comment: It is not a solution because all the problems are revealed to us only to force us to unite into a single whole. Soros proposes not the correction of society, which is what nature requires from us, but the elimination of nature’s pressure. In this case, we will get more pressure, in the form of a greater crisis (perhaps in a different place and form).
[58934]

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In the News: “The inability of European leading countries to find the way out of economic crisis seems to have become irritating even to the places most remote from the Old World. The official representatives of Australia sharply criticized the EU leaders, accusing them of empty talk and finally called them to take effective measures.” (Source: rg.ru)

“Australia on Monday accused European leaders of ‘mucking’ about for 18 months, and being on a ‘never-ending journey of just seeking to muddle through’ as they struggle to contain eurozone debt issues.

“Treasurer Wayne Swan, who has repeatedly called on Europe to resolve the issue before it damages global growth, said he was frustrated at the pace of efforts and urged a resolution at a meeting set for Wednesday.

“‘This has been going on for 18 months, and it is true that they have been mucking around for 18 months,’ he told ABC Radio.

“‘We do need to see a comprehensive set of plans, and if we don’t see those, we will see a protracted recession in Europe and the obvious implications of that for the rest of the global economy.’

“Swan’s comments were supported by Prime Minister Julia Gillard who warned Europe had been ‘living beyond its means’ and had so far only adopted half-hearted measures to address structural issues.

“‘For the sake of the global economy they need to get this fixed,’ she told The Australian newspaper.

“‘What the fix looks like is in the first instance a matter for them. But it must be fixed.'” (Source: business.inquirer.com)
[58953]

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In the News (from the International Labour Organization (ILO)): “The International Labour Organization (ILO) has warned of a ‘scarred’ generation of young workers facing a dangerous mix of high unemployment, increased inactivity and precarious work in developed countries, as well as persistently high working poverty in the developing world.

“The ‘Global Employment Trends for Youth: 2011 Update‘ says the ‘bad luck of the generation entering the labour market in the years of the Great Recession brings not only current discomfort from unemployment, under-employment and the stress of social hazards associated with joblessness and prolonged inactivity, but also possible longer term consequences in terms of lower future wages and distrust of the political and economic system.’

“Between 2008 and 2009, the number of unemployed youth increased by an unprecedented 4.5 million worldwide. This remarkable increase is better visualized when compared to the average increase of the pre-crisis period (1997-2007) of less than 100,000 persons per year.

“The report notes that this collective frustration among youth has been a contributing factor to protest movements around the world this year, as it becomes increasingly difficult for young people to find anything other than part-time and temporary work.”

My Comment: Why wouldn’t ILO initiate a new attitude to work, introduce universal training in the new social conditions of all workers in terms of their working hours, and thus create additional workplaces? Everyone who works half of his time would be busy studying the global integral interdependence of humanity and the new methods of human interaction.

This will create completely different conditions in the world. The vacant working time will allow hiring unemployed people and thereby solve both problems: unemployment and correct human behavior in a new integrally connected world.
[58836]

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Opinion: (Boaz Schwartz, Managing Director at Deutsche Bank in Israel, from globes.co.il): “’We should not underestimate strong social feelings, which we see in Israel and around the world, and which will have a big impact in the coming years. We must prepare for the world of a new social concept, equal distribution of income, and equal prices. There will be continuing pressure on companies in terms of determining prices, which will affect profitability. Countries that are not wise enough to make the appropriate changes will be in poor condition; their economy will suffer.’”

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In the News (from the World Economic Forum’s Global Risks 2011, Sixth Edition): “The financial crisis has drained the world’s capacity for dealing with shocks. The frequency and severity of risks to global stability have amplified, while the ability of global governance systems to deal with them has not. These are the conclusions of the World Economic Forum’s Global Risks 2011, launched [on 12 January 2011]…

“Global Risks 2011 concludes that three key clusters of risk are creating significant liabilities for the coming decade:

“Macroeconomic risks: the global financial crisis was built on longer term structural weaknesses in the global economy. Macroeconomic imbalances, fiscal crises in the developed economies, massive unfunded social liabilities and weak financial markets form a complex nexus of economic risk.

“The illegal economy: greater numbers of failed and fragile states, increasing levels of illicit trade, organized crime and corruption form a nexus of criminal risk. A networked world, governance failures and economic disparity create opportunities for illegality to flourish.

“Resource limits to growth: the world faces hard limits at the most basic level in terms of water, food and energy. Rising populations and consumption and climate change drive this challenge, while interconnections between these issues make response difficult.

“‘Twentieth century systems are failing to manage 21st century risks; we need new networked systems to identify and address global risks before they become global crises,’ said Robert Greenhill, Managing Director and Chief Business Officer at the World Economic Forum.

“The interconnectedness and complexity of issues mean that unintended consequences abound, and traditional risk response mechanisms often simply shift risk to other stakeholders or parts of society.”

My Comment: Studies show that we exist in the new system of social relations. We are not able to understand this system, let alone manage it. But in this case, our future is unpredictable, and we do not know what to do every moment. That is why it’s better for us not to act at all until we learn this system.

However, during the time that elapsed since the beginning of the crisis (the Club of Rome became aware of it in the 1960s), we haven’t understood the nature of the changes in our world and society. We feel more and more like the blind in an unknown space. We lack the senses to understand the new network of relationships between different parts of the world and society.

We define this new system of relationships as global and interconnected, but we ourselves were not created in such a system and do not fit it internally. The reason is that we cannot understand the new world, let alone manage it. By inertia, we want to apply the laws of the old world to the new world.

The laws of the new world are the laws of mutual guarantee. They are known to us from Kabbalah. That is why it is revealed in our times. Until the world gets familiar with these laws, the crisis will go on….
[58670]

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