Entries in the 'Economy' Category

“Hazardous Contradiction Between Economics And Politics”

Dr. Michael LaitmanIn the News (VestiFinance):Much of the political turmoil in recent years, including the rise in popularity of populist parties in Europe, the presidential nomination of Donald Trump in the United States and the British referendum on withdrawal from the EU, is explained as protest against the existing elites. People no longer trust the leading politicians, nor the facts that the mainstream media convey. All this, of course, has enormous economic and political implications. …

“Trust – the foundation of almost any form of economic activity. As soon as people began to specialize, they expected others will produce what they did not do themselves: farmers needed the blacksmith to produce agricultural tools, and a blacksmith needed the farmer to produce food for him.

“The global trading system forces us to deal with complete strangers on a daily basis. We have to trust companies that deliver our ordered products, employers who pay our salaries, and the banks that hold our money.

“Any hint of confidence erosion …would be an extremely disturbing signal. …

“The crisis of 2007-08 showed what can happen when confidence disappears in the financial system. Banks began to doubt the solvency of each other and refused to lend; the multiplier effect is that the companies had difficulty obtaining trade credit. As a result, it very much affected economic activity. In 2011, investors lost confidence in the creditworthiness of a number of European governments: bond yields soared, and the recession began.

“The dependence on trust makes the global economy extremely vulnerable.

“The system benefits from its openness …

“Today’s economy and financial system depends on global cooperation, but the current political system has become such that cooperation from voters looks doubtful. And this is a dangerous gap.”

My Comment: In the past, people saw each other, but the global era of financial and commodities exchange requires more than trust; it requires an understanding and a sense of the communal system we inevitably find ourselves in.

The sense of responsibility has to stem from the feeling that the whole network of communication between us is as a family, the feeling that the network  binds us like parts of one body. But this is impossible without teaching people to establish a sense of cooperation between them. If we don’t establish that by ourselves, nature will force us to do so by terrible blows, crises and wars.
[194384]

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“Euro ‘House Of Cards’ To Collapse”

laitman_272In the News (The Telegraph): “The European Central Bank is becoming dangerously over-extended and the whole euro project is unworkable in its current form, the founding architect of the monetary union has warned.

“‘One day, the house of cards will collapse,’ said Professor Otmar Issing, the ECB’s first chief economist and a towering figure in the construction of the single currency.

“Prof Issing said the euro has been betrayed by politics, lamenting that the experiment went wrong from the beginning and has since degenerated into a fiscal free-for-all that once again masks the festering pathologies.

“‘Realistically, it will be a case of muddling through, struggling from one crisis to the next. It is difficult to forecast how long this will continue for, but it cannot go on endlessly,’ he told the journal Central Banking in a remarkable deconstruction of the project.”

My Comment: The entire model our society is based on is disappearing. There has been no real growth for several years. There is hidden unemployment and hidden debt. There is a revolution and global reorganization, the elimination of traditional political parties, but nobody understands the reasons for what is happening.

The cessation of growth signifies the collapse of egoistic development, which spawned from the ape to the human and has brought us to its logical end. The human developed more than his ego, but before its death, the egoistic development factor will flare up and obligate us to fight and kill, requiring new victims. World Wars III and IV lie ahead.

We think that it is a restoration of the role of states, but it is apparent that this is a temporary trend. The move to a global humanity, not a global market and a worldwide bank, but namely a global society, will take place through back and forth motions, like a cat swaying, before it pounces.

After all, the old institutions must be replaced with the new—institutions of an altruistic society. And for that, first of all, man himself must change. So the crisis is not aimed at political or economic institutions, but at the whole of society and each of us.

The leaders of the European Union believed they understood the trend toward unity on a political and economic level, but our natural development is compelling us toward unity on the deepest level, on the level of our egoistic relationships with each other.

We should stop crying about the lack of financial growth; it will never happen!
We need to stop thinking that globalization will increase general wellbeing. We must realize that we are developing not as a result of politicians’ decisions but through the power of nature and its laws; we need to implement them!
[195300]

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Compensation For Boring Work

laitman_600_04In the News (The Telegraph): “A Frenchman claims his employer gave him so little to do that he suffered from ‘bore out’ and is now demanding €360,000 (£283,000) in compensation.

“The term ‘burn out’, when employees collapse due to stress and overwork, is well-known but Frédéric Desnard, 44, from Paris, has accused his ex-employer, a prestigious perfumes company, of subjecting him to something far worse: being bored stiff. …

“‘I went into depression, …’ he told AFP. … He was fired in 2014 after seven months’ sick leave.”

My Comment: The world is entering into a period of final degeneration. It turns out the owner has to take care of the employee’s spirits and not burden him with work such that boredom will not cause his depression. This is simply crazy. What kind of claims can be made of an employer? Which laws and agreements say that employees must be 100% occupied with work? Perhaps, on the contrary, the employer should pay less according to the amount of work.

The fact is that in today’s world, especially in Europe, there are laws that can be manipulated, as wrote Lenin, ”The capitalists will sell us the rope with which to hang them.”

This is modern democracy. Egoism grows into such a miasmic state, that it isn’t necessary to speak about reasonable rights and claims.

If a person feels uncomfortable and dissatisfied to a certain degree, he has the right to turn it against the state, the employer, against anyone. The main thing is that he has enough money for a lawyer.

Comment: It is amazing that the plaintiff has no complaints about himself even though he received pay for idleness.

My Comment: Egoism, our only main characteristic, always enables us to defend ourselves. We see how humanity avoids any attempt to do something with its egoism.

Comment: This is proof that it is not so easy to spread the wisdom of Kabbalah in the world.

My Comment: Of course. At least I don’t see any world conferences dedicated to uprooting or correcting egoism.
[183351]
From KabTV’s “News with Michael Laitman” 5/4/16

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“Bank-Oligarchic Dictatorship”

laitman_220In the News: (Fondsk): “Unconditional basic income, or bank-oligarchic dictatorship abbreviated AML ( ‘unconditional basic income’) is now in vogue among those who study and describe the emerging trends in social policy. AML can be defined as a guaranteed monetary income for every citizen, the receipt of which is not dependent on any preconditions. The only condition is that the person belongs to a particular state jurisdiction. At the same time, the amount of money received by a citizen, must provide him at least a minimum standard of living. In other words, the AML is to release a person from being a ‘slave’, depending on work as the source of his existence. …

“If we sum up the expectations ascribed to AML, they can be summarized as follows:

  • Poverty reduction and mitigation of social and property polarization;
  • Mitigation of the possible negative consequences of scientific and technological progress, which in the coming decades can dramatically reduce the needs of the economy for labor and significantly increase the scale of unemployment;
  • Reducing the ‘slave’ according to a person to work as a source of its existence, and at the same time creating conditions that could help a person to devote himself to his favorite occupation;
  • Reducing the burden on the state, which has to deal with the distribution of social assistance today. …

“Therefore, skeptics say that the AML system can trigger an increase in poverty. From the introduction of AML only those who are at the bottom will benefit . There will be a leveling effect of poverty at a total absolute and relative increase in the number of poor in the society.

“Other skeptics emphasize that economic growth would slow down or even recession begins. People prefer an idle life, reserve of army labor will be reduced and may even result in a shortage of workers. And to overcome this deficit will require higher wages in the economy. Simply put, the economic development will be complicated for the reason that the money from production will be reallocated in the sphere of consumption, violating the established proportions of the economy.

“There is another large group of skeptics who fear that the introduction of AML will stimulate immigration of large masses of people to the countries with the AML system. …

“The elimination of social programs and a sharp reduction of the state apparatus and officials who serve, would provide the lion’s share of the money needed for AML payments. …

“I will assume that the interest of Western society in programs of ‘unconditional basic income’ (AML), are warmed by the global oligarchy. This is part of the overall project of transition to a new world order. The model of capitalism today, for many reasons, has exhausted itself, and the world oligarchy … is launching its global ‘restructuring’. Namely: to build a new slave system, clean up the planet of the ‘surplus’ population and form of a ‘new man.’ …

“AML – is a continuation of the course of the global elite toward human decomposition. First, the owners of money cultivated greed and the desire to consume, and now the cult of idleness. Man is easily definitively transformed into an animal. AML is intended to speed up the process….

“In addition, AML is a means for the final dismantling of the state. … People are left alone with the giant corporations, which are gradually replacing the state. In fact, AML – is not absolute income. It is very dependent on the will and the decisions of the owners of money, which is enough to hold their Kabbalistic manipulations with the money, so they became worthless.”

My Comment: Where did they get “Kabbalistic manipulations”? From a global conspiracy?

The fears will become true if the unconditional income would be given without implementing it hand-in-hand with integral education, warns the wisdom of Kabbalah.
[182251]

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“Wall Street Banker Claims…”

Laitman_115_06In the News (YourNewsWire.com): “Wakingtimes reports:
The world’s people are held in perpetual bondage to the fiat currency money masters who have saddled us with absolutely insurmountable debt obligations which are mathematically impossible to repay. At present, the CIA estimates the total global debt to be nearing $90 trillion. …

“The gross world product, the nominal value of planetary human endeavor per year, was recently estimated at $78 trillion, meaning nearly an entire year of the productivity of every man, woman and child on planet earth, some 7.4 billion people, is owed to someone, but who exactly no one really knows for sure. How is this possible? …

“After years of investigative research into the trillions of dollars missing from the U.S. government, former Wall Street banker and former Assistant Secretary of Housing and Federal Housing Commissioner at the United States Department of Housing and Urban Development in the first Bush Administration, Catherine Austin Fitts has come to the conclusion that global debt may very well be owned by off-planet entities who operate planet earth as a real estate investment.

“‘Is earth an open or closed economy? I went to business school, I worked on Wall Street for eleven years, you know I’ve been involved in the economy my whole life and the whole time I was invited to assume that earth was a closed economy. So, if we issued debt, then other humans owned that debt. If we issued stock, other humans owned that stock. But if you look at all the economic experiences I’ve had over my whole life, in government, businesses, everything else, what I will tell you is, you know, if you ask me to describe the economic model on planet earth, I would say, “well planet earth is a real estate investment trust because we’re paying a dividend some place every year, and I don’t know where it’s going. It’s going into that question mark, on the planetary balance sheet.”’

“While she admits that she herself does not have the answer to this rather serious question, the fact that each year a major portion of the world’s productivity evaporates into thin air, with no accountability whatsoever, does indeed beg this question to be asked by any serious economist. Even the government accounting agencies responsible for tracking and recording our expenditures can do nothing to answer the question. The money simply vanishes, the debt grows exponentially, and no one can explain who exactly the beneficiary is.

“‘Let me bring it down to some of the important questions you have to ask if you ask the question, “is this an open or closed economy.” I got great statistics on who would issue debt, but for the life of me I couldn’t get great statistics on who owned it. I don’t know who owns it. I know they control. And they control through the debt because that’s how you control a company in invisible ways, by controlling through the debt. Who owns the debt?…” ~ Catherine Austin Fitts”

My Comment: This global world product is swallowed by global egoism! Moreover, our planet is not a closed system because egoism is universal, yet we haven’t cancelled it and replaced it with altruism. Egoism will continue to swallow our efforts without giving us any answers about income or debt. If we add the efficiency of our efforts and sufferings, etc., the collateral damage, it becomes clear that there isn’t a less productive enterprise than life in an egoistic mode.
[194543]

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The Youth Of Europe Don’t Want To Work

laitman_926_01Comment: More and more European youth do not to work and prefer receiving social benefits. This is particularly widespread in Italy, Spain, Greece, Cyprus, and Ireland. It was customarily thought that the economic crisis would displace inefficient people and the young would go forward, begin to study, develop a career, and take their place. But the youth actually prefer to sit on welfare.

My Comment: The reason for this is not that people are lazy. They have no incentive and so they become lazy. Everything depends on whether or not there is something that lights up a person’s egoism. Money and a career no longer provide a person with an incentive, they don’t pull him forward. This is no longer the candy he would run toward, like a child.

Question: So what does a person do when he sits receiving public welfare?

Answer: Nothing, he sits from morning to evening on Facebook, his whole life. We see what is happening there. And what will happen when this is over?! It is frightening to even think about!

It is only possible to imagine what kind of deep cry from billions of people will break out from total darkness. They won’t have anything to fulfill themselves!

I would not want to live during this period. A person moves through a state where he is unable to hear; he must realize and feel that he no longer grasps anything. He is imprisoned within himself. There are stars, but they don’t release the light, and here nothing enters. One has no desire. One is so extinguished that he doesn’t even absorb sounds from the outside.

Our future could become so dark.

I hope that before this happens, people will begin to study the wisdom of Kabbalah and will understand that the meaning of life is truly discovered within it. I hope that I am preparing the ground for this because this is the remedy.

What is important is that humanity move toward us. They have nowhere to turn. They will come and stand by our gate and shout: “Give!”
[194375]
From KabTV’s “News with Michael Laitman” 9/5/16

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“Dead” Money For Mars

laitman_746_01Comment: An immense amount of capital has accumulated that is actually outside the world economy; it exclusively performs the role of accumulation of wealth.  Experts have suggested using this wealth to establish a colony on Mars. They say: “Why invest where we are? Why not implement this someplace else, like on Mars, and make it a huge global project that will require substantial human resources.”

My Comment: That is, they are saying: “We have nowhere to go on Earth, we’ve messed up everything here so it’s better not to continue. Let’s take on Mars. Let’s make a big project of a few trillion dollars, and invest all the dead capital in it.”

For what? It doesn’t matter. We will be in business. The only problem is—why?

I fundamentally disagree with this approach, which shows that people don’t know what humanity should be engaged with. Humanity must engage in self-correction, in self-transcendence.

We are on the level of the animal world. The next level we must ascend to is the level of the Adam (Man) from the word “Domeh” (similar), similar to the general higher integral force. We need to bring humanity to a state of general unity where all of us together will be one single system called Adam, and then we will begin to feel the next level of existence, the next step.

Now we are in the framework of the still, vegetative, and animate levels of nature, and in this sense we are animals. We have only the beginnings of the next level to which we must ascend, the level of Adam. We can reach this level only if we connect between us into one integral system and transform to become like the general nature of the world.

If we do this, we will begin to feel the next level, and then we will see the world in an absolutely different state: eternal, perfect, and not limited by the framework of our bodies. It will gradually disappear from our sensation, and we will feel that we exist only within the connection between us, which is called the soul. This is the state we must reach.

Question: Would you specifically invest all the sums of “dead” capital in this?

Answer: Absolutely everything! I would do everything so that humanity would provide itself with only what is most necessary and all other efforts would be directed to connection between us because that is how we begin to ascend to the next level called Adam.

Then, we would have no need to turn to planets like Mars. It won’t give us anything. We do not find life anywhere in the universe, not even primitive life. Therefore, there is nothing to rush to somewhere billions of light-years away; it would do nothing for humanity.

Qualifying for the next level, above the speed of light will not happen through the construction of physical engines because matter cannot move beyond the speed of light. We can move above it if we acquire the characteristic of bestowal, because it is built on the departure from ourselves; it operates with anti-matter, with the characteristic of bestowal instead of reception.

And then we will truly go not only beyond the solar system and space, but beyond the boundaries of the universe, to the next level of existence. There are completely different conditions, completely other levels there, and that is where we must develop.

By going out to the next level, we become detached from our bodies; it ceases to exist for us. We dwell in the power of bestowal only, in the connection between us—this is the future of humanity. And this is not fiction because such a condition was described thousands of years ago in the wisdom of Kabbalah.

Why do we need some kind of Mars? We can travel beyond time, above the speed of light, instantly at any point in space, adding all kinds of space, and opening up new worlds. Let’s begin this journey!
[193808]
From KabTV’s “News with Michael Laitman” 9/7/16

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OPEC Overflowing With Oil

 In the News (WI-FI): “All the world’s store of oil is overflowing; their reserves exceed three billion barrels. At the same time, OPEC has not yet made a decision on a possible term limitation of fuel production, said OPEC Secretary General Mohammed Barkindo on Tuesday, September 27th, reports TASS. …

“Venezuelan Energy Minister Eulogio del Pino said that the production may be limited to the level of August, it will remove an extra million barrels of oil per day from the market. …

“Earlier, the Venezuelan Minister announced a possible drop in oil prices below $20 a barrel if the representatives of the oil-producing countries fail to agree on joint action in the market.”

My Comment: Soon the entire oil industry will disappear. A new type of energy will free people from concerns about the production of energy of any kind. This would bring immense changes in the alignment of forces in the world. But it leads to the fact that only the joint solution of all problems of the world as a family, will give mankind the right decision.
[194186]

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“Once Again A Storm Is Approaching The US Economy”

400Opinion (Basil Koltashov, Head of Center for Economic Research Institute of Globalization and Social Movements ): “In the years 2015-2016, we buried many hopes and illusions. …

“The US economy is in a bubble. The bubble has debt already exceeding 100% of GDP.

“This bubble exists in the banking system where the situation seems stable only because of the Fed’s supercheap money. The bubble can also been seen in the housing market. And it is also in the stock market.

“There is a whole set of reasons for the 2008 crisis, but the situation is only under control for the meantime. …

“Of course, you can still talk about the strength of the US economy – the economy is high, the country is rich in resources, industry, agriculture and the development of technology. But there is no clarity with the prospects. Moreover, once again the storm is coming.”

My Comment: All of this is clear. It is just not clear how to awaken the sleeping brain of humanity to recognize the real and true danger and to become aware of a realistic solution.
[193944]

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“Able-Bodied Workers Are Less Likely To Work”

laitman_926_02In The News (Russian Bazaar): “One of every three and a half Americans at an age when they are capable of work who were born in the territory of the United States are living at the expense of relatives and from government assistance grants. This shocking conclusion was made by analysts of the Center for Immigration Studies (CIS) on the basis of new statistics by the Census Bureau (Census Bureau) and the Department of Labor (DOL).

“The increase in the number of unemployed Americans – one more consequence of the disappearing middle class, which during the reign of Barak Obama fell to a record 47% – 49%.

“Unemployed citizens were more likely to admit that the being poor today can be more profitable than the working taxpayer. …

“ If even a decade ago to be a representative of the middle class was prestigious, but now the poor are much more than the middle class.

“The conscious transition to the ranks of the poor is observed throughout America”.

My Comment: The world is advancing toward the end of its egoistic development and toward passage to the level of integral development, the development of an internal connection between individual people to the full feeling of all of us as one whole.

The need for superfluous work is disappearing. We will manufacture only what is imperative for our existence. We will invest all of our time and energy in the creation of integral connections among us from a desire and yearning (Achishena – I will hasten it) or from compulsion through suffering (Beito – in its time).
[191965]

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