A warning from three experts and the predictions of a great spiritual teacher from India. Experts tell us that a global crisis is coming in stages. The next stage will be the collapse of 09. We will see it around March of this year. The first sensation will come when we see more retail chains going bankrupt. Let me put it all together, 2008 saw the closings of Star Bucks, Circuit City, Home Depot, Linens & Things, and The Sharper Image. Now when we look at retail, no one is going to rent and take over all these empty stores.
The occupation of real estate buildings will be difficult after the bankruptcies of Merrill Lynch, Bear Sterns and Wachovia. We hear the announcements of three hundred and fifty thousand layoffs here and fifty thousand there. Commercial real estate is crashing and will dwarf the subprime problem because everything is leveraged.
We are at the gates or walking towards a depression right now. The key is the combination of a collapsing stock market, a collapsing housing market, and a collapsing commodity market. It is extremely rare for all three of these trends to occur together now and the last time this happened was during the great depression.
Expert on expert is telling us the same thing, especially now when you have a president who is raising taxes with a so-called stimulus that may cause a temporary boost in output and employment, but in due time it will fail because you can’t tax people who work. and paying people who don’t work and expecting more people to work, it just doesn’t work that way. This will make the US the least competitive nation in the world. We will be sending jobs, production and profits to other countries. That will pass. If you tax the rich and give money to the poor, you will have a lot of poor people and no rich people. The dream in America has always been to make the poor rich, not to make the rich poor. This administration is attack after attack on the very successful and trying to use that to subsidize the unsuccessful.
Right now our economy is sick, it has a high fever and a bad virus. It needs to run its course to get better, but our weakest companies are infected and some of them are in critical condition and will die no matter what kind of government antibiotics they keep injecting to keep them alive. Instead of letting them fail and die naturally, they’re trying all sorts of experimental techniques, screaming emergency, emergency, they’re too big to fail and die. Just cut off life support, pull the plug and let it die.
In the worst case, we can back down, but people had better realize that in the worst case, an economic 9/11 like we’ve never seen before can happen. By the year 2015 we could see gold at eight thousand dollars an ounce and why do people buy gold? Because the value of money will not be worth the paper it is printed on.
Worst case scenario would turn our malls and pedestrian malls into “ghost malls” and our cities would be like “Dodge City” with uncontrollable gangs vying for turf, marauders on motorcycles, not enough police or feds like in Mexico where the rich people will have to live in fortresses with armed guards because gated communities will not be safe. With so much crime we were able to see gangs like we had never seen before. When people have nothing to lose and have lost everything, lose it and with a declining society with a high school graduation rate of less than fifty percent in major cities, we have more ignorant, functionally illiterate, drugged, hillbilly heroin, methamphetamine. , whatever and they have nothing to lose. Some cities can become like Calcutta with pickpockets, petty thieves and prostitutes.
With the stimulus package you can give a kid some extra money and tell him to go out and spend it, but the businessman or the consumer knows the difference between standing in front of an electric fan and a windy day. He knows that one of them is artificial and limited and the other is a big climate change, so when he gets the check or sees the temporary increase in sales, he won’t do anything about it because he knows it can’t be replicated. . morning.
It’s so irresponsible to tell anyone to go out, take this money and spend it. This is the worst possible advice for the individual consumer right now. It may be good for the economy and for certain businesses, but it would be irresponsible for a consumer trying to get cash to pay off debt. They won’t because they also see that prices are going down and the longer they wait, the cheaper things get. Consumers must increase their cash levels and prices must become cheap enough that people feel compelled to buy. The only way out of this is deflation. We have to go through the process and pain of deflation for the business cycle to bring a recovery back.
In every nation we see difficult times that were predicted by the masters, economic crises, wars, famines, civil strife, incurable diseases and catastrophic disasters. Due to the growing economic crisis, there is a growing sense of helplessness and fear in this unfolding chaos. What could have caused these afflictions to come among us? The ancient Egyptians were plagued by calamities, misfortunes and plagues for having disregarded the Divine Will as it was written in the scriptures which is not different from our situation. We tend to discount any suggestion that such Biblical events could not occur in modern times, but this is not true. We have these calamities and plagues among us now and most of us think unthinkingly that we could not have caused these disasters through our own transgressions and that it is probably a coincidence or a twist of fate. This is not a coincidence.
The spiritual teacher gives us some critical advice. A great crisis is coming, such as we have never seen. Such is the crisis that is going to defeat this country. There is too much emphasis on spending and not enough on cutting taxes. What will people do when the false economy collapses and millions are unemployed? Do not live in blissful oblivion, uninformed of the impending crisis. The world’s financial system is changing, but with the good karma America has, it will be better off than the rest of the world will go through. But she will still suffer widespread misery and changes. You are used to the good things in life and you will not like being forced to live simply. After being rich it is not easy to be poor. This change is going to affect us deeply and you have no idea how it will be over the years. Never in our history will there be such a contrast between poverty and wealth as will visit our country and there will be such a difference in our standard of living.
How can an individual cope with the global crisis? The right path is to adopt a plan of high thinking and simple living. Many will be rudely surprised if immediate radical changes in lifestyle are not made. In ways you cannot imagine, things will change around you. We have luxuries, clothes and food that people in other countries don’t have. Now is the best time to adjust to a simple life course.
1. Choose a suitable place to live that is not bigger than you really need or more than you can afford.
2. Choose an area where living expenses and taxes are sensitive.
3. If you know how to sew, make your own clothes.
4. If possible, grow your own food and vegetables.
5. Have some chickens to have their own eggs.
6. Cut out a gardener and do some yard work yourself to save money.
7. Enjoy an uncomplicated life and keep life simple.
Regardless of where you live and work, shop for cheap clothes and skip the luxuries. Buy only the things you really need and save money regularly. Instead of thinking about how to spend money, think about ways to conserve it. You can soon learn to do without it, so don’t splurge. Exercising self-control will allow you to save. Heed the warning of teachers and save yourself a lot of grievances. You will not forgive yourself if you waste money on luxuries. Don’t borrow or use credit cards. Pay cash as you go and don’t shop if you don’t have cash. Keep your assets in cash or in accounts protected by the federal government.
Maybe you are thinking “we should move to the country, it will be safer there if something bad happens”. Do not be so naive as to think that the law of cause and effect or karma only works in the city and not in the countryside. A person living in the countryside may experience a fatal or disabling accident, be attacked with cancer or some other disease. However, the teacher tells us that there will surely be a cure for cancer, but one must not think that the law of karma will stop working then. On the contrary, new diseases will appear.
Stop thinking in terms of external situations and conditions and realize that there is no security in anything, anywhere, at any time, except in virtuous living, meditation, and prayer. This is why the teachers and prophets urge us to do our best, especially in these difficult times now, and establish a relationship with God. We are our own saviors.
