Entries in the 'Crisis' Category

The Fed Will Be Powerless To Stop The Real Crash

Dr. Michael LaitmanOpinion (Graham Summers, Chief Market Strategist): “Over the last two years, I’ve been caught into believing a Crash was coming several times. In some ways I was right: we got sizable corrections of 15+%. But we never got the REAL CRASH I thought we would because the Fed stepped in.

“So what makes this time different?

“Several items:
1) The Crisis coming from Europe will be far, far larger in scope than anything the Fed has dealt with before.

2) The Fed is now politically toxic and cannot engage in aggressive monetary policy without experiencing severe political backlash (this is an election year).

3) The Fed’s resources are spent to the point that the only thing the Fed could do would be to announce an ENORMOUS monetary program which would cause a Crisis in of itself.

“In simple terms, this time around, when Europe goes down (and it will) it’s going to be bigger than anything we’ve seen in our lifetimes. And this time around, the world Central Banks are already leveraged to the hilt having spent virtually all of their dry powder propping up the markets for the last four years.

“Again, this time it is different. I realize most people believe the Fed can just hit ‘print’ and solve everything, but they’re wrong. The last time the Fed hit ‘print’ food prices hit records and revolutions began spreading in emerging markets. If the Fed does it again, especially in a more aggressive manner as it would have to, we would indeed enter a dark period in the world and the capital markets.”

My Comment: Here is an opportunity to begin local wars or one world war. The rulers will practically have no other choice. And only the timely realization that the crisis is aimed at changing society can lighten our path.
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The Beginning Of Development Should Start With The Vision Of The Result

Dr. Michael LaitmanOpinion (Dmitry Itskov, Russia 2045 Movement Founder, New Media Stars President): “Our body is afraid of fire, rain, wind, gets sick, grows old and dies. Should we not direct the scientific and technical progress toward the improvement of the human body, construction of the iBody, an individual, immortal, intelligent body?

“The iBody is a new, immortal body, non-protein, constructed with the purpose of transferring individual consciousness, the human person, to it. It is perfect; it does not need a house and does not need protection from the weather. We will stop harming the planet. All of humanity and its entire habitat will change. Boundless possibilities for the development of consciousness will be opened before us, differences between people will disappear, and the level of consciousness, not the sum of money in the bank, will make people different.

“A prototype of the iBody can be developed in our time, and it will take several decades to make a mass product out of it. The development of the components of the iBody would be carried out around the world. Is it not time we move the evolution of the human body to the perfect technology of the iBody that will give life?”

My Comment: I was with one of the representatives of this trend at a discussion of the future world on one of the TV channels in Moscow. The question remains, “What is the point?” A secondary question was: “Does this fit the laws of our evolution?” After all, if it does not, then after spending huge sums of money, we would find ourselves in even greater crisis than after the collapse of socialism in the East and capitalism in the West.

Only by comparing our plans with the plans of nature can you be sure that you are not heading toward a deadend! Who knows these plans? If no one knows them, it is necessary to first discover them.
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Nazism: Will It Disappear?

Dr. Michael LaitmanBaal HaSulam, “Introduction to The Book of Zohar,” Item 67: If, God forbid … an individual from Israel enhances and appreciates one’s externality, which is the nations of the world in him, more than the inner Israel in him, meaning the externality in that person rises and soars, you yourself, the internality, the Israel in you, plunges down. With these actions, one causes the externality of the world in general —the nations of the world—to soar ever higher and overcome Israel, degrading them to the ground, and the children of Israel, the internality in the world, to plunge deep down.

This is what has been going on since the days of the Maccabeans and even in the times of the Second Temple, when they tried to disseminate Greek culture among the people. If we check this throughout history, we’ll see that every time we had a chance to avoid great trouble we didn’t do so.

But today, when we must finally fulfill the plan of creation and have all the necessary means, we surely have to feel that we are indeed responsible for the whole world. The Nazis brought suffering not only to the Jews—the pain and suffering were afflicted upon many people. According to the estimates of historians, 60 million people died during WWII.

We should understand that today we are facing the same danger, but it concerns the whole world. Hitler was no more than a puppet. This, of course, doesn’t justify his atrocities, but ultimately it’s about a very negative combination of forces that was created by those who have free will because of the disrespect towards the spiritual goal.

There are actually no “negative figures” in the world. These are simply the same “positive figures” that appear so that we will correct them. And if not, they are depicted to us as “negative figures,” up to such extremes. In general it’s about a unified system.

Today, as we enter a new era, we should draw conclusions and learn from what we’ve been through. As unpleasant as it may sound, we have caused all the troubles. We should be careful so as not to summon this nightmare upon the whole world in the future.

Baal HaSulam warns us about it in simple direct words. He says that Nazism can return, and we cannot be sure that it will not happen. People always say “never again!” as if they understand how to manage the world. Actually you can say that if you advance by the upper Light, you know for sure what is ahead. But you know nothing about the system and are not trying to correct it, so your words are worthless and you advance from one blow to another.

It’s time to wake up and to understand that the choice is in our hands.
[75746]
From the 4th part of the Daily Kabbalah Lesson 4/19/2012 on Holocaust Memorial Day

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“US Government Debt Growing Four Times Faster Than GDP”

Dr. Michael LaitmanOpinion (From mybudget360.com): “The global market is being held together with the veneer of massive debt duct tape. The solution for much of the European debt crisis was to simply add more debt to the current situation. In other words, solve a debt problem with more debt. All this does is delay the inevitable. The hope is that somehow GDP in these countries will grow fast enough to pay off existing debts but the amount of debt is so enormous that it is mathematically impossible without inflating currencies away. Even the US is mired in enormous levels of debt and the pace of debt expanding is by far outpacing GDP growth.

“This debt by definition is unsustainable. If anyone was honest about this they would realize that we will never payback that $15+ trillion in debt outstanding.

“Unlike the banking sector, the deleveraging is occurring at the household level. The only area where this isn’t occurring is in the corrupt student loan market that keeps growing into yet another debt based bubble.”

My Comment: Once they used to say in Russia: “War will write everything off.” This is what they are hoping for.
[75917] 

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Why No One Will Dominate The 21st Century

Dr. Michael LaitmanOpinion (Charles Kupchan, Professor of International Affairs, Georgetown University): “The distribution of global power is fast changing. That much is certain. China and other developing nations are quickly ascending the pecking order. Meanwhile, the three pillars of the Western world – the United States, Europe, and Japan – are beset by a prolonged economic downturn and disaffected electorates.

“The absence of consensus over which a country will oversee the coming world is just as it should be. That’s because the twenty-first century will not be dominated by any country. The United States will do just fine, but the era of Western primacy is coming to an end. Meanwhile, none of the world’s rising nations will have the combination of material and ideological strength needed to exercise global hegemony. Although ascending nations have forged a new grouping – the BRICS (Brazil, Russia, India, China, South Africa) – to coordinate their policies and aggregate their muscle, they do not share a coherent vision of what comes next. They know what they do not want: the continuation of a world dominated by the West. But they are very unlikely to arrive at a common view of what they want instead. This century will not belong to the United States, China, India, Brazil, or anyone else; it will be no one’s world.”

My Comment: The world will change, not according to the rules of international relations, but in accordance with the change in people. It will “fall apart” in order to be “assembled” in a completely new world order that will be dominated by one force only: the force of mutual bestowal, guarantee, and love.
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Hope Is In Education

Dr. Michael LaitmanOpinion (B. Dalinger, Professor, Member of the Russian Academy of Natural History):“Man’s mission is not to adapt to the environment, but to act, to create, to change the environment. … the purpose of education is not to transfer knowledge, abilities, and practical skills and to help students “master” concepts and socially important values, but to create conditions for developing the human aspect within man. Schools need to ensure that the picture of the world that the student acquires will be whole and meaningful.”

My Comment: The world is becoming more and more convinced that education is the only means for the correction of a human being and the world that he creates around him.
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Obsession With Money Deadens People

Dr. Michael LaitmanOpinion (Bruce E. Levine, a clinical psychologist, author of Get Up, Stand Up: Uniting Populists, Energizing the Defeated, and Battling the Corporate Elite): “A preoccupation with money is nothing new in our culture, but have Americans become even more ‘money-centric,’ and does this deaden us, making us incapable of resisting injustices?
“A money-centric society is one in which money is at the center of virtually all thoughts, decisions and activities. …Such a society coerces even the non-greedy to focus on money at the expense of damn near everything else in order to survive.
“Both greed and fear make one more money-centric, and in recent years, it has become more socially acceptable to be greedy and increasingly commonplace to be financially insecure.
“Nowadays, nearly everybody, even teachers and postal workers, lacks job security. Today, I see money worries, more than anything else, triggering panic attacks, depression, and alcohol abuse. Money discussions have even come to dominate family counseling sessions, where high school students increasingly talk about their fear of becoming financial losers, and parents fear their children will ruin their lives by accumulating student-loan debt while pursuing fields where there are few decent-paying jobs.
“As late as 1936, a sitting president of the United States running for reelection knew that that it was quite popular to blast the greedy, selfish elite: ‘We know now that Government by organized money is just as dangerous as Government by organized mob. Never before in all our history have these forces been so united against one candidate as they stand today. They are unanimous in their hate for me—and I welcome their hatred.’
“That was Franklin D. Roosevelt on Oct. 31, 1936. Contrast FDR’s speech with President Barack Obama’s response in an interview excerpted by Bloomberg Businessweek and the Wall Street Journal in February 2010: ‘First of all, I know both those guys. They’re very savvy businessmen. And I, like most of the American people, don’t begrudge people success or wealth. That’s part of the free market system….’
“So, it should surprise no one that the Rolling Stones do corporate gigs, including one a decade ago in which they took in $2 million to entertain Pepsi bottlers in Hawaii.
“Equally widespread and probably even more responsible for dissipating rebellious energy is when songs of perceived rebellious artists are used as background music in commercials used to propagandize listeners into associating their rebellious urges with consumer products.
“Spirituality, music, theater, cinema, and other arts can be revolutionary forces, but the gross commercialization of these has deadened their capacity to energize rebellion. So now damn near everything—not just organized religion—has become an ‘opiate of the masses.'”
My Comment: Egoism directs our entire life, and there is nothing but personal gain behind our actions, even the most “unselfish” ones. We can rise above our nature into the property of bestowal only under the influence of the force of the “Light.”
[74136]

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Healers Of The World

Dr. Michael LaitmanQuestion: There is a lot of anger and fury brewing under the surface in today’s world. It seems that an explosion is about to happen.

Answer: It’s true. For the time being everyone is talking about the post-crisis growth, all the while something explosive is in the mix. After all, the crisis has not disappeared and the pressure is rising.

Given this state of affairs, we must work tirelessly in explaining what’s happening. We must present to people the causes and the solution, which isn’t at all what they imagine.

In reality we don’t have many options. No progress is going to make everyone rich because there simply aren’t enough natural resources. On the contrary, the masses are only going to become poorer, although it would be desirable to avoid it. We are left with a third option: to level out the general standard of living to an acceptable  level. We have to come to this. Then we’ll be more or less equal amongst each other and balanced with nature.

Today we simply don’t think about what will happen ten or twenty years from now. It’s as if humanity went blind: we have exhausted all our resources and are pretending like nothing is going on. This is truly a special time. Like a handicapped child, we are recklessly cutting down the branch on which we’re sitting, thereby depriving ourselves of a future. Ultimately we will be left with nothing.

However, no one can stop the course of events. On the contrary, the top few who carry out the decisions are the ones promoting consumerism. In reality, the angel of death is giving us a drop of poison on the edge of a sword, and we’re closing our eyes and opening our mouths.

The only solution is explaining, propaganda. Naturally, it seems pretty powerless next to the global feast that’s ruining and polluting the planet. Nonetheless, this is the way. We have to do all that’s possible. The pressure is growing. We’re sort of going through an “incubation period” of an illness and later an epidemic will break out. In this dangerous period we must work as much as possible with the world, using all accessible channels. There’s always something to add, and our work will surely bear fruit.

As far as the pending explosion is concerned, it’s difficult to say what it will be like. One possibility is war, used to divert the public’s attention from the original problems. I hope it won’t happen, however, such plans obviously are being nurtured. After all, the situation is becoming very bad, and it’s being taken to the limit, to the point of unbelievable debt and terrible imbalance.

We have to use all of our strength to disseminate our material to the masses and to strengthen our inner connection with each other. Only then will the general system begin to reveal the Light, which is the source of everything.
[75409]
From the 5th part of the Daily Kabbalah Lesson 4/16/2012, Writings of Rabash

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Science: The Moment Of Truth And Limitations

Dr. Michael LaitmanQuestion: What indicators will let us know that humanity has started to realize the integrality of the world?

Answer: The awareness of an integral and interconnected world has started in the last few years. Scientists were first to note it, and today the mass media is talking about it as something natural and self-evident. It turns out that the crisis is really global and really caused by human egoism, and the world is indeed a single system.

And as for scientists, they are already talking about a program inherent in nature and about different dimensions of existence. Leading quantum physicists speak of it in particular, and some of them are no longer afraid to declare that matter as we understood it previously doesn’t actually exist, and the world is built on quantum effects. At first we knew about certain substances, then we discovered atoms and believed they were indivisible until we revealed the world of subatomic particles. And now even these particles are making room for a certain “cloud,” which condenses into a picture of the world only under our gaze. There are no waves even, everything is “smeared.” It’s a scientific fact and nothing can be done about it.

As a result, scientists are talking about a single unified force, which in our perception appears as particles, waves, and all sorts of individual forces. It sounds almost the same as the section on perception of reality in the wisdom of Kabbalah. Essentially, traditional science has almost reached the limit of its capabilities, and this is why it’s in a state of crisis. There’s simply nowhere to develop further with the exception of the military field, which traditionally bathes in abundance.
[75243]
From the 4th part of the Daily Kabbalah Lesson 4/8/2012, Writings of Rabash

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The Domino Effect

Dr. Michael LaitmanOpinion (Angel Gurría, Secretary-General of the Organization for Economic Co-operation and Development (OECD)): “Major donors’ aid to developing countries fell by nearly 3% in 2011, breaking a long trend of annual increases. Disregarding years of exceptional debt relief, this was the first drop since 1997. Continuing tight budgets in OECD countries will put pressure on aid levels in coming years.

“‘The fall of ODA is a source of great concern, coming at a time when developing countries have been hit by the knock-on effect of the crisis and need it most. Aid is only a fraction of total flows to low income countries, but these hard economic times also mean lower investment and lower exports.’”

My Comment: So far the crisis is held back by the year of presidential re-election (the economy of election), but then it will hit everyone like a tsunami.
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