Entries in the 'Economy' Category

US-European Banks Bring World To Brink Of War

Dr. Michael LaitmanEditorial in the news: “For the Western peoples, who have failed to heed our civilization’s greatest warning that ‘those who fail to heed history and its lessons are doomed to repeat it,’ lie the greatest dangers as the only way capitalistic systems are able to survive is through war, and according to the experts now it is coming much sooner than later.

“The first stirrings of Total Global War to protect the American and Western economies were first sounded this past spring by top Obama advisor, Nobel Prize winning economist Paul Krugman who said: ‘From an economic point of view World War II was, above all, a burst of deficit-financed government spending, on a scale that would never have been approved otherwise. Over the course of the war the federal government borrowed an amount equal to roughly twice the value of G.D.P. in 1940, the equivalent of roughly $30 trillion today.…this slump can be cured. All it will take is a little bit of intellectual clarity, and a lot of political will.’

“Krugman was joined in his ‘war thinking’ by his fellow economic ‘intellectual’ and CNBC analyst Marc Faber, who warned to ‘Brace for a Global “Reboot” and a War.’

“And to how close this war is we can ascertain from Russia’s envoy to NATO Dmitry Rogozin who warned that the United States and its Western allies are planning a military campaign against Syria to help overthrow the regime of President Bashar al-Assad with the long-reaching goal of preparing a beachhead for an attack on Iran, and which, of course, would start World War III as neither Moscow or Beijing will allow this to happen.”

Comment: Kabbalah also states that the world will reach war out of despair. But if we show people the possibility of another way out, which nature has to offer us—namely, the unity between ourselves and nature, then humanity will be able to achieve its final, perfect form and will do without war.

Kabbalah points out that the second path is realistic and we can realize it. Everything depends only on the explanation of how we should act to accomplish this ascent onto the next stage of our evolution where we reach similarity to the integral, global nature.
[51415]

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The ECB Leadership Panic

Dr. Michael LaitmanEditorial in the news (by Michael Hazin, economist):The European Central Bank began to buy Italian and Spanish debt to halt the collapse of the market of their government bonds. They understood that they cannot hold the situation without the emission. Indeed, it is impossible to hold it with the emission, but it is possible to delay.

“We do not know what caused such a panic among the ECB leadership, that they abandoned their core principles. Since the rejection of the core principles has begun, it will soon be followed by the abolition of proverbial European democracy.

“It should be noted that at the end of the 1930s, most of the EU countries were openly fascist regimes, and apparently, they met the proverbial ‘European values,’ as democracy in the 20th century was imposed by the narrow elite stratum as an ideological response to the USSR.

“Today, we have an amazing opportunity to see which real values correspond to the ‘European choice.’ So far, it is clear that ‘financial stability’ has ceased to correspond to this choice!”

Comment: Michael, you have heard me say on numerous occasions that if the Kabbalistic method and correction fails in the world, Nazism will reign over the world, which will bring the world to the third world war. The preconditions for this already exist in all European countries.
[51409]

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Financial “Monsters” Threaten Democracy

Dr. Michael LaitmanInterview with Mário Soares, former President of Portugal: “The EU is in crisis today. The markets are disoriented, as are those that govern them. I call them monsters and it’s true, they are monsters. Nobody knows where they came from or what they want. Well, we know they want money so they launch attacks on the euro and consequently countries such as Greece, Ireland and Portugal and others….

“This is extremely serious. We lack a united response, which was necessary for Europe. For rich countries like Germany and Mrs. Merkel, who may be thinking that she can give orders to Europe, to Germanise Europe. If she thinks that, she is mistaken…

“If things carry on the way they are, it will be the end of the European project, there is no doubt. But I think there will be a big reaction. The reaction will come from the people. It is not just in the Arab world that people revolt. The danger is revolution in Europe. Individuals can reject this Europe and say this is not Europe, we want another. We want dialogue, social welfare and respect for each other.”

Comment: The only thing that can save us is the realization that we are living in the new, integral world in which we are fully interrelated and must therefore consider everyone as a whole, as one family. Back in the 1920s, Baal HaSulam wrote that the whole world is one family and if we do not view it that way, then we will bring ourselves to a world war in 10-15 years. And that’s what happened.

Today, the situation is repeating itself with the difference being that time is moving faster, and therefore, a world war could break out within a few months. And it can only be prevented by shifting the world’s tendency toward mutual connection, by realizing the need to rise above protectionism and individual egoism, and by thinking the way people think within a family about everybody while addressing issues from the most pressing to the simplest. Like in a family, first we think about the children and the sick, and then about those who can wait with the solution to their problems.

As soon as we change our approach, we will immediately feel a different attitude from nature towards us because we will reach similarity (homeostasis, balance, harmony) with it, and all our actions in this direction will bring us goodness! Let’s learn from nature!
[51541]

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The Prospects Of The Crisis

Dr. Michael LaitmanQuestion: How do you see the prospects of the world’s stock markets?

Answer: I am in no way an economist, so this question should not be addressed to me. I will only say that the world is starting to get tired of whatever is happening, and the fact that people have a bad feeling is not a good sign. The mood is getting worse. Optimists are disappearing; people no longer believe in the abilities of politicians, trust in them is exhausted; no one expects normalization; there is a constant threat of new bankruptcies; everyone is depressed.

As Ezra Klein writes in The Washington Post, no one knows where the economic recovery will come from, but one can tell for sure where it will not: neither from the US, Europe, Japan, nor China, the economy of which “has overheated” and where the authorities only dream of a “soft landing,” in other words, they are afraid of bankruptcy and public unrest.

For now the feeling is that we have gotten accustomed to the crisis, but this is temporarynature will compel us to wise up and become similar to it. We must become one whole with the environment. And this is attained between people by observing the condition of the mutual guarantee: a good-hearted connection and relating of nature like to oneself.  In this case the world will attain harmony, balance, and it will reign between us.
[50755]

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Will Israel Be Next To Fall Victim To The “Revolution Business”?

Dr. Michael LaitmanIn the news: With the global crisis looming in the background, some parties are attempting to transform the world and occupy strategic positions before the world enters a new geopolitical reality. There is a new product on the global market: a revolution in any country of choice.

The CANVAS organization, an elite provider of revolutions, will arrange everything in the best possible way. Its revolutions are completely convincing, its technologies universal, and effective in any location.

The work of the CANVAS professionals is perfectly official. They used to be funded by the USA government, but now the money comes through sponsors who are indirectly connected to the USA.

S. Popovic, one of the organization’s leaders, openly admits that his “firm” has held five successful revolutions even before the rise of the “Arab spring.”

The offered product allows entire regions to be thrown into chaos, and then, using their weakness, to establish power over them using economic, political, and military levers.

My Comment: Only the understanding of the need to unite (mutual guarantee) above all of the conflicts will produce a positive result. Otherwise people will end up in a great tragedy.

Unlike all other countries, Israel has the antidote – unification! If we unite, then the upper force will emerge in the nation of Israel, and then nothing will be able to harm it. Besides, it has no other choice. It faces the threat of total annihilation or total redemption. There are no other alternatives.
[51071]

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There Won’t Be Any Changes For The Better

Dr. Michael LaitmanEditorial in the news (by M. Hazin, an economist): There cannot be any changes for the better in the world as long as it is governed by the current political elite. The business groups of the West already understand this. Granted, it is possible to remove the current elite, but a more difficult question is: Who can they be replaced with?

This is precisely the main problem of most countries in the world today. And people won’t be able to solve it until the consequences of the crisis become revealed to the fullest. In any case, according to the latest American statistics, we won’t have to wait long!

My Comment: Michael Hazin is my long-time personal acquaintance and a famous, realistic forecaster of the world’s economic development. He and I have shared the same opinion on the world’s development for the last 5 years.

It is necessary to create a new, integral opinion among the governing elite because not only will all of the specialists of the “old world,” with their outdated, individualistic, egoistic approach fail to solve a single problem, but they will also bring the economies of their countries and the whole world to a greater depression yet.

Therefore, it is necessary to teach economists to think integrally, and most important, to imbue them with a mindset of mutual guarantee so they could change the economy of the old world to the economy of the new world – the economy of mutual guarantee.
[51157]

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A Generation That Does Not Sense Tomorrow

Dr. Michael LaitmanAccording to statistics, most of the demonstrators in Tel Aviv, as well as the organizers of the protest, belong to the middle and upper classes. Special research has been done on which layers of society populate these demonstrations and what the percentages are.

And the same thing is now happening in London. We think that people are coming out to the streets and raising havoc because they have nothing to eat. But that’s not the problem. Why has it become possible to incite them and agitate them to hold a revolution? It’s because the new generation does not feel that the future holds anything good for it. The tendency is for things to get worse. And this is the gist of the problem: that there’s no future!

What do I care about problems like an apartment, family, and children if there is no tomorrow for me? This means total despair, like depression, when a person does not understand what he should live for. And if he gets into this state, then he is ready to do anything at all to destroy this horrible feeling of inner sorrow. That is why people are coming out to the streets and holding revolutions even when they belong to the highest layers of society.

Their inner despair makes them vulnerable to being attuned and turned in this direction, while they don’t even understand what is happening to them. They explain this by a thousand of other reasons, such as the search for justice in society, as if they actually needed it. In reality, they don’t even know what this concept means because a just approach would make their lives even worse than they are today. They’re not looking for justice.

If we examine the serious, inner reasons, from the standpoint of the will to enjoy which we research along its entire depth, then the reason for the protests lies in the fact that there is no tomorrow! And this feeling reigns in the whole world. There is nothing that can be done about the situation unless we give people the light of hope for the future, which can come from just one source – the science of Kabbalah.
[51093]
From the lesson on 8/12/11, The Zohar

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Learning To Live Within The Means

Dr. Michael LaitmanOpinion: (А.Turkov, Chairman of the Board of Directors of Richford Group, abireg.ru): “The European Union is a very strange formation. …a single currency without a common fiscal policy is impossible. Greece is destroying the foundations of European integration with their unwillingness to live within their means…. It outrages the thrifty citizens of Benelux and Germany….

“They will not let Greece go bankrupt, but once the world economic crisis is over, they will stop bothering with it….

“Virtually all developed countries face a difficult situation with their public finances. Japan’s debt is more than two GDPs, the US debt equals its GDP.” Belgium and Italy are immersed in problems.

“The majority of countries will soon start learning how to live within their means.”

My Comment: Countries and nations will discover more and more unwanted interdependence. And no action to move away and be independent of each other will help them. It will be the other way around. They will discover increasing interdependence. They can’t go back to being isolated!

They can, however, go forward, toward improving the quality of their relationship, understanding what is happening, learning the natural social phenomena, and consciously realizing communication laws in the modern integral society. Study the sources!
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We Demand Our Own Correction!

Dr. Michael LaitmanPeople come out to the demonstrations because they don’t have anything. But all of the corrections can only come from the Light. Today we are already in a global, worldwide process where correction is impossible with the help of any government. They just don’t have any instruments to accomplish that.

The instruments of the new, global world come only with the Light that reforms. It is in our world that we have to realize all of the changes that Kabbalah talks about, and the world will feel and understand in practice how the upper Light influences it through us.

Without that Light, we won’t find a single solution to our problems. We will only draw ourselves into wars so that eventually this path would bring us to reveal the need for the Light. The first thing that the people holding strikes on the streets should be shouting is, “We demand the forces for our own correction!” That’s because uniting with one another is the only way we will receive everything we desire—whether you’re a mother with young children, a senior citizen, or a doctor.

The world has entered a crisis of such proportions that it has nothing to give you! For example, the demonstrators in Greece began with threats. But the government had nothing to give them, and it wasn’t hiding anything. The fact of the matter is that the developmental process is unfolding in order to convince people of the need to start the correction. That is why it is revealing the evil of our existence in this world to us. This is the essence of what is happening today.

The entire world must now understand several new principles. Firstly, we are all connected, and the crisis we are experiencing today is global. The world itself has become global, and we can only come out of the crisis by virtue of unity.

And there is nothing for us to demand from the government. We will receive everything only on the condition that we unite with one another. Just like being in a group, I can only receive its force if I lead it to unity.

The crisis has a higher cause: It is the Light influencing us and revealing the breaking between us. Therefore, not one person in our world has a solution to this crisis.

We solved all of the previous crises by finding a greater means to humor our growing egoistic desire. But today a completely different era has set in. Today the Light is revealing the lack of connection among us. And only be taking certain steps toward establishing that kind of connection will we be able to improve our state. Then every person will receive what he wished—but it will only happen through the attainment of connection, unification, integration, and mutuality.

Therefore, all of the forces that aspire to protectionism, division, and isolation, are aimed against correction, and there is nothing worse than that because by that they move humanity closer to war.

The only thing we need is the Light that reforms. A person who studies Kabbalah attracts the Light with his studies and work in the group, whereas a person who does not study has to attain some kind of understanding and awareness of the situation, the need for unity, mutual guarantee, and brotherhood. That is how we will bring ourselves to goodness.

Everyone has to achieve at least some kind of small understanding of this. But the primary work is incumbent upon those who actively attract the Light because the world receives it through them. Therefore, all of our students have to become even stronger and correct themselves even more so the Light we attract would influence everyone.

This is the predestination of a person called “Israel”—both those living in the state of Israel and all of our students all over the world. Every person whose point in the heart has awakened and who has joined our group, is obligated to think about this.
[50848]
From the 1st part of the Daily Kabbalah Lesson 8/9/11, Writings of Rabash

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Mass Rally On Wall Street

Dr. Michael LaitmanIn the News (From examiner.com): “Activists held a rally at Bowling Green near Wall Street against proposed budget cuts aimed at social programs such as food stamps. Banks and financial institutions were also targeted.

The event was billed as ‘A people’s general assembly,’ and planned by the bloombergville group, which organized a City Hall protest in June of this year.

From the Bloombergville site: ‘The current depression-level crisis is not due to lack of revenue. It’s due to theft. The trillions that the banks are sitting on right now? That’s our money. Whether through taxes; the looting of pension and social security contributions; or the wealth we created from our labor – all of that belongs to us.’”

‘’The general sentiment here is that we think a people’s movement is needed to fight back, so we can take control of the things that affect our lives, every level of government,’ said protester Larry Hales.” (Source: euronews.net)

My Comment: As the world becomes more and more integral—round, interconnected, the power of the government decreases, and the power of the “round” masses becomes more apparent because they are closer and more similar to integral nature.

The objective is correct: to take control over one’s life, but to do this, it is necessary to know the laws that operate in the world today. Due to being ignorant of these laws, the governments and those who will inherent them will make a terrible mistake again. Kabbalah talks about this (see my 3rd lecture in Bremen, Germany).
[50782]

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