Entries in the 'Economy' Category

The Crisis Is Being Revealed

Dr. Michael LaitmanOpinion (Gerald Celente, interview):  “The global collapse will lead to the printing of more money, but only gold will become a safe asset in the coming collapse. People will look for safe investments in the form of goods when the system will begin to collapse. We will witness riots in Brazil and Venezuela, instability from Mali to Congo, in Central Africa, the Sudan, Somalia, the Middle East and these people will flood Europe. There is no way of stopping this wave. This crisis is multilayered and it will include the economy, geopolitics and will lead to social riots, civil wars and other local confrontations.”

My Comment: Unless we become aware of the mutual connection of the world and begin to accept everyone as one whole in all our actions and in our relationships, we will not be able to manage the situation. All our actions will be divided and destructive. But seeing the world as one whole can only result from becoming familiar with the wisdom of Kabbalah and by  studying the internal structure of the world.
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The Global Financial Crisis Has Begun

laitman_220Opinion (Vesti): “We increasingly hear about the approach of the next global financial crisis. But the truth is that this crisis has already begun. We already see declines in the global stock markets.

“Most of the declines have happened in the nations that are known as emerging markets. For most of them the economy has not developed so the world doesn’t know about them. In recent years, the developing nations have received access to cheap dollar loans. But now, when the dollar has become stronger, the borrowers are forced to borrow more and more in the local currency to serve the dollar-denominated debts. And this is even though the prices of many products that are exported by these nations are dropping.

“Exactly the same reasons caused a crisis in Latin America in the 80s and the financial crisis in Asia in the 90s. Now just about all the global stock markets will drop significantly, in comparison to the peaks of this year or the past year. But in the meantime they are all still far from collapse. In much of the developing world the situation is completely different.

“There are 23 nations in which the stock markets have collapsed: Malaysia, Brazil, Egypt, China, Indonesia, South Korea, Turkey, Chile, Colombia, Peru, Bulgaria, Greece, Poland, Serbia, Slovenia, Ukraine, Ghana, Kenya, Morocco, Nigeria, Singapore, Taiwan and Thailand. And this is only the beginning, for the crisis must soon move from the developing nations to the developed nations.

“The central banks have lost control over the situation, and little time remains until global collapse. In the Autumn of 2015 we can expect to see a series of shocks. The global financial crisis has already begun and in the coming months it will become clear how great its dimensions are.”

Comment: There is a means in the hands of the Kabbalists, and this is unity. Only this will take our world out to its next state. Because the world was created on top of the shattering of a single system called Adam, and only the restoration of this system, its correction, will bring our world to a stable and good state.

The wisdom of Kabbalah speaks specifically about realizing the method of the correction of our world. The problem is that there is no need to correct the world and the financial system, but the individual and society. Nobody wants this and nobody believes that the matter is possible.

We must overcome the psychological obstacle; it is possible to overcome it through the influence of the Upper Light ,which corrects, called the “light of Torah” or simply “Torah” or “The Light that Reforms.” But it is necessary to ask it to have an influence. The request appears as a result of suffering and hopelessness or as a result of the influence of the environment, which is what we ourselves create. That is how we choose either the way of suffering or the way of Torah.
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Ynet: “What Does The Pension Fund Of Shoshi From Hadera Have To Do With The Bad Investment Of Li Ming From Shanghai?”

This article about the global crisis many countries are undergoing and about the sharp declines we see in stock markets around the world was published in my column on Ynet August 27, 2015.

“What Does The Pension Fund Of Shoshi From Hadera Have To Do With The Bad Investment Of Li Ming From Shanghai?”

“The sharp declines in the stock markets around the world remind us all of how strongly we are all mutually interdependent. Only when we acknowledge the laws of the global human system will we be able to lead a good life.

“Volatility in the stock markets intensified, further sharp declines in global equity markets and subsequent rise, have reached Israel. There is no better example than the financial markets to demonstrate the mutual interdependence between people, states, nations, and markets all over the world, which has become one global village.

“The world is becoming increasingly more connected. This is the reason that the financial collapse and the economic slowdown in China is not a local event but an event with emerging global implications. Seemingly, the Israeli economy should not be affected by the fall of the markets in China, and yet it happened. What is the connection between the pension fund of Shoshi from Hadera and the bad investment of Li Ming from Shanghai?

“This global drama shows us how the system can not be balanced—unless the parts are assembled and well connected. Until then, the system will continue to be sensitive, and every minor explosion will destabilize it all.

“We Are All in the Same Boat

“The wisdom of Kabbalah is the wisdom of connection. It studies the connections between people and the connections in nature since the beginning of time. According to this wisdom, we can balance our relations in mutual interdependence only if we acknowledge the laws of the global human system. All the systems of life between us, including the financial markets, are included in these systems.

“We didn’t need such laws in the past, so the wisdom of Kabbalah was concealed and very few engaged in it. The need for this wisdom and knowledge has become relevant only when the world became global and our mutual interdependence completed. Today when the connection between us is growing stronger, it obliges us to learn the laws of the new globally connected world. We have no other choice. Learning the laws according to the method of connection will allow us to create the right social order in the whole human society.

“When a person knows how to connect correctly, realizing that we all depend on one another, the result will be a good life for all of us. This is the uniqueness of the wisdom of Kabbalah, which the world needs today more than anything else.

“The solution to the crisis in the stock market, the crisis of the pension fund of Shoshi from Hadera, and other upcoming crises is not in the traditional financial means, but in establishing a good, balanced, corrected connection between us. We have to learn how to establish the right and balanced relationships and thus reach a good and peaceful life.
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Twin Crack-Ups Set To Implode The World Economy And Financial System

laitman_220Opinion (Egon von Greyerz Interview): “No major nation in the West can repay its debts…. So we will see twin $200 trillion debt and $1.5 quadrillion derivatives implosions.

“That will lead to the most historic wealth destruction ever in global stock, with bond and property markets declining at least 75 – 95 percent. World trade will also contract dramatically and we will see massive hardship across the globe….the Social Security safety net that people in the West have been used to will disappear. Eventually the total money printing will be in the hundreds of trillions and possibly even quadrillions of dollars. That will be the final phase of taking the value of today’s paper money to its intrinsic value, which is zero. Virtually all paper currencies are already down 97 – 99 percent against gold in the last 100 years since the Fed was founded. So there is only 2 – 3 percent left that has yet to disappear.”

My Comment: Just as I always say, the system of management of our world, of our ego, is entirely the same on all levels of nature (still, vegetative, animate, and speaking), and so the crisis is being revealed in our world simultaneously in all areas, from ecology to our lives. A higher management conducts all the parts of nature, beginning with the human, the highest, smartest, and most sensitive creature towards whom is directed all of the activity and influence of this management, to all the strata and parts of nature. Since everything depends upon humans, it is up to them to bring our entire world, all of the systems, into balance. But as long as we haven’t started to do this, then the general collapse, the Armageddon, will approach us. The collapse is coming not to annihilate us but to force us to bring nature into balance.
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13% Of The Youth In Europe Are Not Working Or Studying

laitman_926_01From the News: “Information from the International Labor Organization: The youth of today are living with a feeling of uncertainty about the future. They have little hope and chance of prosperity. In Europe, 12.7% of the youth are not working or studying. There is a worrying trend in the world towards an expanding inequality between nations and within the nations themselves.

“Today 1% of the population of the world are the richest citizens and have the same level of income available to 3.5 billion of the poorest people.

“On the other hand, the social security systems that are well-calculated can cause an increase in the income of the population and its internal consumption for development of human capital and production. However, to our great sorrow, as indicated by information from the International Labor Organization, today 76% of the general population of the world lives without social support and adequate security.”

My Comment: Governments will have no choice but to provide the required products and services for the entire population, the working and the unemployed. While this will not eliminate the deterioration of the population, it may lead to the awareness of the necessity for Integral Education. Otherwise, it will arouse conflicts that are liable to push towards civil or world wars.
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The Era Of Israel Begins

laitman_547_06Opinion (Interview with Dr Guy Bechor, source article): “The Stone Age didn’t end because they ran out of stones, rather it was because new technologies appeared and humans learned to work with metals. The age of oil is reaching its end in these days, and this is not because we have run out of oil, but because the gas revolution is happening.

“The lowering of the price of oil has led to a severe crisis in Russia and all over the Arab world, the shale spring will bring a collapse of the rest of the Arab world. The Arab nations will fall, powerful tribes will hold onto weaponry and will begin conquering cities and towns, killing and robbing. The economy of Dubai will collapse in the year 2015, Jordan will disappear within a year and for Iran we expect serious upheavals on an ethnic and political background. Hamas and Hezbollah will lose their power and influence. In a world in which there will be no lack of energy resources, there will be no money to maintain them. That is how the era of technology begins, something that will give strong advantages to Israel.

“The gas revolution will transform the United States into the greatest manufacturer of the production of oil and gas, something that leaves Middle Eastern policy in their hands. This is the beginning of the end of paradise for the valueless oil principalities, the feudal totalitarianism of the Arabian Peninsula. Saudi Arabia, the United Arab Emirates, Bahrain, Oman, Qatar, Kuwait, the economy of these nations was entirely based upon the price of oil. The citizens of these nations don’t work; all of the work for them is done by foreign workers. A structure like this will not maintain its position in a period of economic upheavals. And even though the principalities of the Arabian Peninsula will be supplied with sufficient money to hold onto their position for another few years, it is doubtful if within these few years they will be able to change and rebuild their economy. The moment that the money runs out, riots and unrest will begin.

“In another year or two the United States will be ready to export gas and oil, the Arab nations will become an energy source for competitors. The geopolitical priorities of the United States will change. So the Saudis are presently found in a panic, because their foreign policy was based on American dependence on their oil. They will relinquish their financing of global terrorism, the violation of human rights and the absolute lack of democracy in their nations. A few years ago a barrel of oil rose to 150 dollars; since then the prices have lowered by two-thirds. At a price above 40 dollars per barrel, the production of energy from gas becomes more profitable. This means that the Saudis can return to their previous position only if they lower the price to 30 dollars per barrel.

“Russia is also experiencing a strong crisis because of this revolution. But the chance of changing and rebuilding the Russian economy are better than they are for our Arab neighbors, who have simply forgotten what it is to earn a living. The period of innovations, nano-technologies and high-tech has arrived, the beginning of the era of Israel; whether our neighbors like it or not.”

My Comment: In the meantime, Israel will arouse a much greater instability in the world than all of the other peoples and nations in the world together. As the wisdom of Kabbalah explains, this is happening precisely because the destiny of Israel is not the victory over our neighbors with innovations, nano-technologies, and high-tech, it is in demonstrating to the world the idea, theory, and practice of the union of everyone above the global ego. This method doesn’t exist for anyone except the people of Israel, and specifically this is what is required for the world, and not new technology, enrichment, and control. Specifically, if Israel will provide the gift of the technology of connection and union to the world, then it and the world will continue to exist!
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An Expert For The Next Stage Of The Crisis

laitman_263Opinion (David Corovich, Physicist, Ecologist): “The Eurozone is on the way to a deep depression. During the course of the coming economic shock, infection could spread faster in the global supply chains, triggering a global economic crisis.

“Our mutual dependence means that we all find ourselves in this together. The financial upheaval can spread around the world in a number of seconds. In the great modern cities there are inventories of food for three days.

“When the economy sinks, the ability to take care of old debts disappears, and debtors become devoid of the ability to repay the debts. The growing complexity pushes the system further and further away from balance. Tens of billions of mutual connections in the supply chain are too complex for someone to understand them fully.

“The political decisions are based upon models for obsolete stable economic conditions. The economic crisis causes a fragmentation in society. Spreading fears and the growth of nationalism are signs of the economic crisis.

“Expanding large-scale manufacture in the large areas of production like the United States and India will only exacerbate the situation. The coming crisis will be immense, the world cannot prepare for it. The growing tension in the global economy makes it less and less flexible.”

My Comment: This is why we cannot wait for better conditions for disseminating the method of correction of the world; we need to invest all our efforts so that the true reasons for the crisis and the way out of it will be known to everyone.
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Right-Wing Extremism In Europe, Part 1

Laitman_419Right-Wing Extremism Rears Its Head

Question: In Europe, extreme nationalism is becoming more and more popular, carrying xenophobia, neo-Nazism, and opposition to the single European Union with it. Recently, right-wing radical politicians celebrated a big victory in the European Parliament elections.

For the first time, considerable representation was received by a sector that opposes immigration and at times neighboring with neo-Nazi ideology, if not supports it.

The French Front National alone, led by Marine Le Pen, won 24 seats in the European Parliament. The extremely right-wing Progress Party of Norway received over 16% of the votes. The Finns Party won 18%, and the Dutch far-right took 10%. The same processes are taking place in Austria, Hungary, and other countries.

Analysts and commentators cite three main reasons:

  1. High rate of unemployment, leaving many young people without work.
  2. The economic crisis sweeping the entire European continent.
  3. Disappointment with previous policies that failed to meet expectations.

Overall, we see how the difficult situation is leading to intensification of far-right sentiments. How exactly does this mechanism work? How do troubles and hardships in different realms cause people to believe that this particular segment of the political spectrum will help them?

Answer: I think that the right-wing concepts appeal to Europeans. After all, they propose taking care of themselves, not immigrants: “We have no work, we have reduced social subsidies; why should we take care of outsiders?” If we used them to perform certain jobs for a set period of time, that is another matter. However, instead, most of them settle in the country and do not bother with employment.

In many European cities, this became a familiar scene: In the middle of the day, streets were full of people from immigrant backgrounds. They passed the time idly while native Europeans were working. So, why should they take them in and pay them money?

In addition, many are unhappy with the clash of civilizations, saying that they are against our culture, against our educational system. They do not want to learn from us, to become like us, to integrate into our society. They are generally repulsed by absorption into the European environment. So, why are they in Europe?

I personally asked such questions decades ago when the United Kingdom first opened its borders to immigrants from its former colonies. It was entirely incomprehensible to me what Europeans were rejoicing about as they received people who were extremely distant from Europe in their mentality. A symbol of goodwill is one thing, but a door wide open for the sake of partisan goals within the framework of political struggle is something else entirely.

While parties coming to power worried about their own reputation and preempted any criticism in their direction, the influx of immigrants kept expanding. Eventually, millions of new citizens filled large cities, staking out entire neighborhoods and establishing their own order at times in place of police who prefer to bypass these areas. Mosques are being built, Muslim holidays celebrated, and an entirely different spirit brought from their countries of origin reigns there.

In America, the coexistence of different nationalities originally was built on different principles. The United States was created as a “melting pot” where everyone intermingled among themselves and formed the American culture, albeit around an Anglo-Saxon core. At its foundation lay the element of pioneering, conquest, and development of new lands, an entirely different message.

Europe, however, with its ancient culture, has taken in people who disregard it completely. Therefore, there is a grain of truth to the current right-wing movements. They want to protect their homeland, their country, and their children to whom they would prefer to give the resources that are currently spent on immigrants. In short, there are many fair premises in their claims, and they certainly will intensify more and more.

As long as they remain within the law, I do not see what they can be accused of. What are they wrong? Is it in the fact that they do not want to accept immigrants and pay for them? Must they be responsible for that? Where is it written? Someone is gaining political capital from this, all the while, after climbing to power, extracting personal gain from it. So, why should Norway, Sweden, and other countries be filled with immigrants when they lived for hundreds and thousands of years in a “frozen” state? Meanwhile, Europe opened its doors, and this process has gained momentum.

Question: Can we say that history is repeating itself? Before World War II, there was an economic crisis and masses of people could not find work. It became a “remarkable” basis for the rise of fascism.

Answer: If in today’s Europe everyone were working and immigrants also joined the labor force so that production would grow and contribute to prosperity, then the cries of right-wing radicalism would have no place.

However, there is a shortage of jobs and social budgets are being cut. Moreover, they are cut in such a way that the funds flow from native citizens to new ones, and people do not agree with this.

In addition, the inability to establish proper international relations is playing a role here as well. The initiators of European unification expected economic benefits from it, but failed to consider basing this unity of nations on a common culture, common education, and overall on a common foundation. After all, the European Union is not just a word; it should stand for a certain united territory, a common reserve, a joint socio-cultural space.

Today’s Europe, however, has nothing of the sort. Banks? Industry? They barely cope with the role of unifiers when they are able to demonstrate momentary benefits. Of course such unity is destined to become a fiasco and only provides all the more reason for the rise of the far right.

To be continued…
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From KabTV’s “A New Life” 9/9/14

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A Step Forward

laitman_426In the News (svpressa.ru): “The world around us is changing inevitably, and the changes are global. What is it that is replacing the existing world order?

“The state of the world economy suggests that capitalism has become global, not remaining in export markets, and it is precisely the economic expansion of capitalism that is the main force that leads to development, but it is not ready to let go of its dominance, standing at its disposal is the state apparatus, the army, the police, money, the communications media, everything that is required for maintaining dominance and profit.

“But all of these mechanisms cannot solve the problems, rather they only delay the inevitable: instead of capitalism, socialism must come, not as in the example of the Soviet Union, rather true socialism, in which the means of production belong to society, whereas in the Soviet Union they belonged to the nation. And the nation itself will be cancelled because of the absence of a need for it, whereas in the Soviet Union the nation was strengthened and society became its appendage.

“Socialism is a social construct, direct democracy, with the responsibility of every member of the society for everyone. For this the people must be educated for cooperation and mutual help. The essence of the economy is the distribution of resources. The essence of capitalism is its accumulation and not its distribution. It is estimated that to build a large object, the decision of one person who has enough resources is necessary.

“But people earn money not to serve society (to build, to manufacture products), but to profit, to allocate resources from social turnover for the needs of the elite. Lately we see particularly clearly, the depletion of the population and the enrichment of the elites. The manufacturers are doing everything to stimulate demand, which is to say, to obligate the person to buy everything new. The entire fashion industry exists only to obligate a person to get rid of ‘old’ things and to buy new ones.

“With three-dimensional printers it is possible to print just about anything useful (kitchenware, furniture, clothing and so forth). Nanotechnology makes it possible to create synthetic materials for them with predetermined properties. And their widespread distribution will make mass production unnecessary.”

My Comment: Technically everything is okay, except for one thing; development like this is contrary to human nature. Its nature can be changed from egoistic to altruistic only through the method of Integral Education —the wisdom of connection, which is based upon the wisdom of Kabbalah. And then people will be able to understand how to solve the next level of human development technically and technologically.
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Right-Wing Extremism In Europe, Part 3

laitman_547_05Unity That Sows Dispute

The most prominent characteristic of the extreme right-wing in Europe is that they are against the present European Union. Moreover, every nation has its own neo-Nazis, and they also don’t want to unite.

This is because they look at the obvious failure of management of the European Union. Ultimately, the more successful nations are forced to pay the general European fund for the less successful nations.

And here the reasons for success and failure are no longer important; what is important is the result: nobody wants the present ongoing politics, including the smaller nations.

For example, at the time of my last visit to the Baltic nations, people were complaining about the closure of factories. They had an excellent dairy industry, but in order to enter the European Union, it was necessary to destroy it and move to imported products.

The same applies to power. If in the past they supplied themselves with electricity, now they are absolutely dependent upon the European energy supplies, for which they still must pay. And these are just two clauses from the list.

Ultimately the Baltic nations were left without industrial production and their standard of living declined. Indeed, they are members of the European Union and their currency is the Euro, but in order to earn this Euro for their livelihood they were forced to work much harder than the residents of other European nations. And therefore, not surprisingly, a great number of people left Europe to make a living, and for the most part had to leave their families.

Another example is Portugal in which they “closed” a large fishing industry.

So what is this union if it is beneficial only to a few rich nations? The division into industrial branches “cut through” entire national operational domains to which they were culturally and traditionally adapted and which were historically their asset. People were left lacking everything, and this was the greatest failure of leadership.

As a result of this, in addition to xenophobia, hostility and hatred between all kinds of European nations was also created.

For example, all of Europe considers Greece to be a heavy burden. And on their side, the Greeks ask themselves: “What did we enter the European Union for? Previously we got along by ourselves, and it is only worse for us now. Because of your laws we have become poorer and are forced to ask for monetary compensation from you. But this help is also connected to severe requirements; so essentially we find ourselves in slavery.”

The same processes are being arranged everywhere. Those who are rich and strong in the European “commonwealth” benefit at the expense of others.

To be continued….
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From KabTV’s “A New Life” 9/9/14

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