Opinion (Lucrezia Reichlin, professor of economics at London Business School):  “‘The economy is spoken about everywhere after the crisis of 2008. It seemed that things will resume, but in reality in Europe, which is in recession, things got worse since the summer of 2011. …’

“‘If Europe, including Germany, does not address the problem and get into a position to invest in “education,” if human capital will not be enhanced, and if the problem of corruption is not solved, I would be very worried.’”

My Comment: Education and corruption cannot be cured without introducing an integral approach to humanity and its re-education.
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In the News (from Reuters): “Europe and the United States are set to launch trade talks early next year to deepen the world’s largest trading relationship, EU and U.S. officials say, potentially unleashing billions of euros of new transatlantic business.

“Together, the bloc and the United States account for about half the world’s economic output and nearly a third of world trade. But a debt crisis in Europe and elusive American growth are pushing both sides to consider knocking down the final barriers to trade.”

My Comment: Market consolidation to help global integration may, in a more peaceful way, facilitate the recognition of the need for a universal global integration.
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In the News (from The New York Times): “’There is no doubt that the crisis is pushing people to stay together,’ said José María Redondo, the council’s spokesman, who attributed the drop in the divorce rate to a burst housing bubble and hard economic times.

“The crisis is not only slowing divorces but also transforming the process, according to divorce lawyers. Judges are reducing alimony payments and dueling spouses have moved from fighting over property to sparring over the critical issue of who assumes debts. …

“Some Spaniards say the hard times may have at least one benefit. If the crisis helps preserve the Spanish family by making it harder to divorce, that was no bad thing, said Julián M. Valón, a pioneering divorce lawyer who helped write the country’s 1981 divorce law.

“‘If there’s something positive about the economic crisis it is that people have less money to fight about than before,’ he said, ‘and this could help people to stay together, even through the tough times.’”

My Comment: The crisis is the collapse of our past egoistic nature and the birth of an altruistic nature. It is a historical process, meaning long and painful. It takes place above us. There were a few changes like that in our history. But this is the first time when we can consciously participate in our rebirth and thus facilitate the flow of the birth process. Otherwise, as in the past, we face revolutions and wars simultaneously worldwide.

The crisis is happening in all the areas of our life because it is a crisis of our nature; this is what we need to change: knowingly, by means of integral self-education, or unconsciously, when suffering will force us to accept new changes. As you can see, at the personal level, the crisis teaches us the “correct” life.
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In the News (from Business Standard): “The United Nations has lowered global economic growth forecast for the coming two years even as it warned of a new global recession due to the US cliff situation and EU debt crisis. …

“‘A worsening of the euro area crisis, the “fiscal cliff” in the United States and a hard landing in China could cause a new global recession. Each of these risks could cause global output losses of between 1 and 3 per cent,’ UN’s team leader for the report Rob Voss said. …

“‘It is essential to change course in fiscal policy and shift the focus from short-term consolidation to robust economic growth with medium to long-term fiscal sustainability,’ it said. …

“‘The reorientation of fiscal policies should be internationally coordinated and aligned with structural policies that support direct job creation and green growth. Monetary policies (also need to) be better coordinated internationally and regulatory reforms of financial sectors be accelerated in order to stem exchange rate and capital flow volatility, which pose risks to the economic prospects of developing countries,’ it said.”

My Comment: Their policy indicates only the experts lack of understanding of the cause of the systemic crisis. They are still hoping for a return to the old system of management. We will have to learn the nature of a new integral state of humanity. The sluggishness of world leaders and our (BB) lag in explaining how to correct the crisis can bring about great suffering in the transition to the next stage (formation).
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Opinion (DeAnne Julius, former CIA analyst, founding member of the Monetary Policy Committee of the Bank of England): “Look around the world and big risks abound. One or more countries may drop out of the eurozone. Violence may spread across the Middle East. The US Congress may yet drive the country off its fiscal cliff and into recession. An island dispute between China and its neighbours may flare up, provoking the US to intervene in the Pacific. But in my view, the single greatest risk is that one of these events or some other throws the world into another global financial crisis, a ‘GFC II.’

“This is a possibility for three reasons. First, the world economy is still in fragile shape and only slowly recovering from the GFC of 2007-08. … Second, economic policy is maxed out. Both fiscal and monetary policy have hit their effective boundaries. … The third vulnerability is political weakness. Prolonged austerity is undermining political support for mainstream parties and encouraging the fringes, both left and right. The peripheral eurozone countries are at particular risk.”

My Comment: To reduce these risks, wide international cooperation is necessary, but we see how governments are quietly watching the growth of protectionism and fascism in their countries. Only the adoption of a unified educational and training policy in all the G20 countries will bring peace and balance; only this will create the conditions for an understanding of the process of integration and making the right decisions in the new environment.
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In the News (from Komsomolskaya Pravda): “The crisis affects everybody. We are all paying the price for rampant consumption in recent years. … Experts compare the global economy with a huge pyramid. Some borrow from others; those borrow from a third. Sooner or later, one of the links in this chain will break, and the whole system will collapse. …

“The economic crisis is spreading. The last large-scale crisis the Great Depression led to the Second World War. At that time, the crisis began with a sudden fall in stock prices. That day went down in the history of the world economy as “Black Tuesday.” What awaits us this time? Is not this an option of the apocalypse?

My Comment: It will be the general restructuring of the attitude towards ourselves, the world, and life and its purpose. The crises are the labor pains of a new stage of our development towards unity and the revelation of the upper world that rules us.
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In the News (from CeBIT): “‘Shareconomy’ describes the societal shift from owning to sharing. According to Pörschmann, this is evident in several dimensions: ‘First, Shareconomy is profoundly influencing enterprise processes, because social media tools will become more and more popular. Second, the Internet is the place for teamwork, both in and outside the company. Partners, consultants, suppliers and customers will be more closely integrated as part of a networked process. The borders separating companies and organizations will become ever more transparent. Therefore, employees and managers must rethink and be prepared to share know-how, contacts and assets.’

“Modern tools that enable fast and comprehensive sharing are already reality in successful companies. …

“This is already apparent in the use of everyday products, where the strong trend is towards using instead of owning or renting instead of buying. ‘Car-sharing is becoming an increasingly popular form of mobility. Music portals based not on ownership but rather on time-defined usage are very popular,’ said Pörschmann.”

My Comment: In general, this is a socialistic principle. The decline in living standards forces us to be prepared to share what we have. Thus we will compensate for what is needed at an affordable price. So soon, we will come to the public (socialist) property. Nature pushes us to unite.
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Opinion (Angela Merkel, German Chancellor): “German Chancellor Angela Merkel rejected suggestions on Friday that the worst was over for the euro zone, saying the currency bloc faced years of painful reforms, slow growth and high unemployment.

“’One reason I am careful with my forecasts is the adjustment process, the changes that we are going through are very difficult and painful, Merkel said.

She said the bloc would not see the fruits of labor market and other structural reforms for several years, with 2013 shaping up as another challenge.

“‘Next year, and the ECB president said this, we will have very low growth rates, we will see negative growth in some countries, and we can expect very high unemployment levels to continue,’ Merkel said.”

My Comment: No matter how gut-wrenching, they must move from propagandists to realists. Gradually, we will all get accustomed to the fact that we do not rule the world, but it is controlled by Nature, according to a strict program. Get to know it, and understand how to adapt to it; it is possible by  studying Kabbalah.
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In the News (from Espanarusa):“Education Coordinator of the Super-Parents organization appealed to Spanish parents with advice about how to tell a child about a difficult economic situation; it is important to avoid transmitting anxiety and fear, to explain that not only material benefits bring happiness. …

“Children need to understand that the crisis limits Christmas gifts. The child must feel surrounded by parental love and understand that whether he receives many or few presents, he, in any case is loved very much.”

My Comment: That’s right, due to the crisis, parents’ attention and love will be returned to children!
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In the News (from EUROPA, Eurospats): “In 2011, 119.6 million people, or 24.2% of the population, in the EU27 were at risk of poverty or social exclusion, compared with 23.4% in 2010 and 23.5% in 2008. This means that they were at least in one of the following three conditions: at-risk-of-poverty, severely materially deprived or living in households with very low work intensity. …

“In 2011, the highest shares of persons being at risk of poverty or social exclusion were recorded in Bulgaria (49%), Romania and Latvia (both 40%), Lithuania (33%), Greece and Hungary (both 31%), and the lowest in the Czech Republic (15%), the Netherlands and Sweden (both 16%), Luxembourg and Austria (both 17%).”

My Comment: This is only the beginning of the breaking of past economic relations. Only a policy of rational (required) standard of living, with full reduction of all other production and the implementation of integral re-education will lead humanity to similarity with the new natural relationships, to reveal the nature and evolution of society.
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