Economy: “It’s Going to Get a Lot Worse”

[R Gitananda]

Weakness in leading economic indicators has become so pervasive the Economic
Cycle Research Institute now predicts a new recession is unavoidable. "The vicious
cycle is starting where lower sales, lower production, lower employment and lower
income [leads] back to lower sales," co-founder Lakshman Achuthan declares in
the accompanying video. http://finance.yahoo.com/blogs/daily-ticker/going-lot-worse-ecri-achuthan-says-recession-unavoidable-141929160.html

[OM GUY]

Weakness in leading economic indicators has become so pervasive the Economic
Cycle Research Institute now predicts a new recession is unavoidable. "The vicious
cycle is starting where lower sales, lower production, lower employment and lower
income [leads] back to lower sales," co-founder Lakshman Achuthan declares in
the accompanying video. http://finance.yahoo.com/blogs/daily-ticker/going-lot-worse-ecri-achuthan-says-recession-unavoidable-141929160.html


I have to agree.

If you don't fix the problem, then the situation continues. Giving more money to the ones who miss-used it in the first place, was not much of an answer to the problem.

People who should have known, didn't. People who could have stopped it, didn't. :(

[Mana]

Namasté OM GUY

Stop it? ... Its being provoked (http://www.youtube.com/watch?feature=player_embedded&v=aC19fEqR5bA).

But if you care not for material wealth?

praNAma

mana

[OM GUY]

Namasté OM GUY

Stop it? ... Its being provoked (http://www.youtube.com/watch?feature=player_embedded&v=aC19fEqR5bA).

But if you care not for material wealth?

praNAma

mana

Forgive me please, but I have no clue what you mean. Your short verbage does not explain a thing.

By "stop it", I mean regulate. I recall Alan Greenspan testifying before Congress, when he said words similar to these:

" I had no idea that it was this bad!"

From President Bush: " Don't worry, the Amerkin' 'conomy is jess fine, it just ebbs and flows, is all."

The American economy just doesn't ebb and flow like the sea upon the shore. It has to be carefully watched and guided like a ship, or else it lands up on a sand bar with no way of getting off.

No, I don't care much for material wealth. I understand that needs must be met, however I don't live for money, if that's your meaning. I think that the earth has enough resources to go around without having to worry where food and health care is going to come from. I certainly see absolutely no need for greed on Wall St.

[Mana]

Namasté OM GUY

I mean quit simply that which I have said, I my opinion, the ecanomic ups and downs are provoked. If you watch the money Masters for long enough you will learn of the way in which the Rothschild family bought the Bank of England, by crashing the English stock market, this is a fine example of the way money is used to gain power.

It has been wisely said that; Kali Yuga resides in Gold.

If you have the time and are interested to learn a different perspective of the last 200 or so years, during the Western monetary colonisation of the planet, here is an interesting take on one of the driving forces behind the events.
It is a 3h historical/economic thesis which may change your perspective.

The money masters. (http://video.google.com/videoplay?docid=-515319560256183936)

Money as debt. (http://video.google.com/videoplay?docid=-2550156453790090544) (a shorter introduction).

Ignorance is wielded along side money to create a state of permanante anxiety, as the "friendly honest broker" says in the previous clip the markets are ruled by fear. Interesting the quotes of presidents in times past who have feared for their lives when whispering of these powers.

Make up your own mind., but make sure that you are well informed first.

praNAma

mana