View Full Version : 10/24/08 Blog on the Stock Market
Magical_Mongoose
10-24-2008, 10:15 AM
just thought i'd toss this up if anyone had any further questions or comments about david's blog for october 24.
i thought his comment about the polarity of the earth always being relatively held in balance to be an awesome point, that the "worse" things can get, often times equally as uplifting "things" happen...when people are inspired to get their act together during key junctures in their personal timeline, attracting positive synchronistic events that in hindsight, gave them a completely different life. this happens too on the mass-consciousness level and is indeed happening on the national level in the us.
thanks for all those studying tips!
Geron33
10-25-2008, 12:03 PM
hello,
while i appreciate most of david's writing and analysis, this time i'm a little in doubt:
is the turning of the stock market really the turning unto the positive way, bringing the light?
while it's sad for people having their money invested in the stocks-market, i find the values, that are generated their, mostly destructive to the earth and to us all: the bigger companies are producing the destruction of the earth and of our future.
is this destructive business worth to be saved, to succeed or shouldn't it better be replaced by some real business of light?
if we'd seen the latter rising, i might call it to be a real turn to the future, but not the rescuing of the old rotten business.
if we take the viewpoint of the earth or the billions of suffering people today: what is the real worth of general motors, of coca cola, of exxon, boeing, lockheed, morgan stanley, monsanto and so on?
with this viewpoint i feel, the bottom is far from being reached.
shouldn't we direct our focussing more to the alternates of businesse, that needs to succeed?
while saying this. i repeat: mostly i find david's analysis of the current developing enlightening and helpful - only somtimes losing it's track.
geron
PriestOfLight
10-25-2008, 10:27 PM
"these offerings of information on how we can collectively take peace and truth to the next level emphasizes more and more that we are at what quantum physicists call the "point of choosing"." - gathering of one
sept 28 - meditation to call back the vibration of peace into ourselves
october 12 - meditation to send out the vibration of peace into the earth
october 26 - meditation to call back the vibration of peace into ourselves
septemeber 29 - stocks fell 777 (divine number)
october 13 - dow up 936 points (largest historical gain)
october 26 - ????
i can't say i can predict what can happen, but it appears that tomorrow and possiblly further down the road we will see what dw is saying. ( be pretty eye opening if it falls 777 again.)
in love and light
paul
Tenet Nosce
10-25-2008, 10:39 PM
here is what i am having difficulty connecting with this:
david is predicting a fall of the power elite.
the primary mechanism of control by the power elite is our debt-based financial system.
so my question is. . . how is this fall supposed to occur while maintaining any semblance of normalcy to the economic system?
i am all for things happening very smoothly, but i doubt that the rothschilds and the rockefellers are going to call a press conference and announce that they have mutually decided to forgive the debts of all nations and their citizens.
i would envision a world 100 times more harmonious as our own as one with an economic system that is founded in the law of one. under such a system, the concept of ownership would have no meaning. if all is the creator, then how can one piece of the creator own another piece? it doesn't make any sense.
i would envision this world as one in which goods and services are exchanged freely, and where each individual's worth would be proportional to the degree to which they keep their word, and not to the degree where they can exert influence over others. in such a world contracts and written agreements would be unnecessary.
i do not see how we can get from this world to that world if the economy goes back to business as usual. are we to believe that higher dimensional beings exchange little pieces of paper and wave plastic cards as a means of expressing their oneness with the creator?
we are reaching the point of absurdity and something has to give here.
i feel like we need to decide whether this whole 2012 ascension scenario is just a bunch of mumbo jumbo pipe dream stuff, or whether the life we have been leading is the thing that is absurd, and choose to do something different. very different.
your average american spends somewhere between 20 and 25% of their life working at a job they don't particularly like. there are others in this world who wake up every morning and do not know if they are going to be able to eat. this is the result of our illusion-based economic system.
we need to get from "here" to "there" in less than 40 months. how exactly does a stock market recovery get us any closer to our goal?:confused:
transiten
10-26-2008, 01:55 AM
hi geron
thanks, now i don't have to start a new thread which i said in davids comment on the blog yesterday:) this is what i wrote:
well thanks david, you've perhaps given me an alternative perspective concerning the stockmarket. i've always thought the whole idea is wrong that one can make money out of having money and not wor´k for it.
it's like a hughe pyramidegame where the big fish know exactly when to take home their profit by buying "1000" to create a hausse and the selling off
"2000" until they get rid of the stocks. they also move their interests to more profitable markets and the small fish don't understand what's happening and sell off in panick and then the big fish start buing very cheap.
in the end we all become players in the dirty game where some 95% of the capital movements don't have any connection to material or ethical/moral values, but only to expectation, speculation and profits made by pushing a button, digits on a computor and new money being printed a true "mammon ruling the heavens"
i inherited stocks and bonds from my mother and sold it all in 2006 when the market started to shake. i just had come in sontact with "lucky days" and raymond merrimans site market week and had not enough knowledge and "ice in my stomach" back then to wait for the "all time high" in july 2007 that not even the most skilled astrologrs had foreseen.
on "lucky days" though the advice was to leave the stockmarket before 2008and that's what i did because i could not eat nor sleep until i was out of the game. imagine all the time and energy i would have dedicated to follow the graphs up and down! now thanks heaven i focused on my spiritual development woking on flattening my emotional jumping graph and reaching some peace of mind.
but of course i wouldn't mind gaining some decent money on serious projects and alternative energystocks....but then again, wouldn't it be better to start a totally new arena for that? and would it be possible since wer're all interconnected anyway and there's no totally white nad pure money as long as the collective consciousness is on a ow level...
what's your take on this?
liliane the transit with mercury transiting her second house of values and money also in conjunction with neptune today with a tbndency to be overly idealistic:rolleyes: or totally:confused: which reflects at best to be extremely clear in all her communications:)
Babyblue
10-26-2008, 05:08 AM
is the turning of the stock market really the turning unto the positive way, bringing the light?
is this destructive business worth to be saved, to succeed or shouldn't it better be replaced by some real business of light?
if we'd seen the latter rising, i might call it to be a real turn to the future, but not the rescuing of the old rotten business.
while saying this. i repeat: mostly i find david's analysis of the current developing enlightening and helpful - only somtimes losing it's track.
the way i see it is this, we do need new and improved ways of life to come through but what we dont need is the downfall of civilization to the point where people cannot eat, get drinking water and military control is enforced due to rioting.
if our banks and currency totally collapse we could see many die due to these factors.
what we need to see is more of a merging in to something better without the total collapse, a restructuring. to prevent marshal law and death.
i believe this is why david states the up movement as a positive.
if people suddenly had no money, like in iceland, a devalued currency, and they are relying on food import, suddenly you are in a situation where all the food in the shops has gone, none is growing and you have no money for trade.
what you gonna do? starve.
lets say a prayer for our brothers and isters in iceland.
love babyblue x x x
transiten
10-26-2008, 08:31 AM
sure babyblue
...that's probably the only possible way! and luckily not everybody had the information i had, when several times i was at the computor watching the market fall on the exact day predicted in "lucky days" unlycky those days of course:d)...
......but then again, how much had it affected the market if the small fish had saved their money? i don't think their investments are big enough to cause a big crash anyway...
yes, the most positive way of looking at this is "the selforganizing system" encouraging pple to start positive enterprises and structures that can take over when the old ones fall apart.
liliane transiten
KassandraLoves
10-26-2008, 10:23 AM
...it is not for us to disagree with timelines our collective chooses, but simply to accept, adapt, and move ahead. i feel that if we focus on this part of the big picture, then we will be just as those we have come here to assist. we must transend the material of this world and show everyone that it doesnt matter as much as they think it does. there are more pressing matters here! we are a hop, skip, and a jump away from the most important happening of our planet and we talk about money? pish posh! money shmoney! i's rather keep my energy focused on the beauty, not the destrucstion or the fear or the material so-called "valuables."
love times a thousand to you all!!!
FIIISH
10-26-2008, 04:44 PM
i think:
2012 is extremely significant and relevant.
this is becoming more undeniable with each
passing day. check other sources. think
for yourself. look within.
the current state of the financial world
and politics may heavily influence our
experiences between now and our transition
into 3d space/time. i don't believe that either
or anything else will derail the train we are
currently riding-which is ascension
KassandraLoves
10-26-2008, 05:21 PM
i think:
the current state of the financial world
and politics may heavily influence our
experiences between now and our transition
into 3d space/time. i don't believe that either
or anything else will derail the train we are
currently riding-which is ascension
i agree. i guess i just dont think we should focus on it so dang hard. as long as we continue to give our energy to the right things, then good things will come. if we stay intent on the more transient things, then we end up just that....transient.
Deambor
10-27-2008, 07:29 AM
hi, everyone.
i believe we had two most probable paths of ascension/transition:
one was through nature (such as cataclismic events etc.) "hard way"
the other was through economy "soft way"
so all in all, no matter how bad it is on the financial and economic level, i believe it is a smoother probability path, than it could have been.
notice that all countries have to come together as a result of this crisis (willingly or unwillignly, but they do it).
also, on a personal/family/community basis, i think people will get closer to each other, some by their nature, some out of neccesity, but we will.
when the financial debuckle just started (before bail out and all that) i said to my wife "honey, all we have is each other", i meant it quit literally, not metaphorically, because i realized that all our "savings" etc. are to be gone soon.
and that's, i hope, what we all learn in the end - that all we really have is each other.
love to all
deambor
harmonyart
10-27-2008, 11:24 AM
i agree. i guess i just dont think we should focus on it so dang hard. as long as we continue to give our energy to the right things, then good things will come. if we stay intent on the more transient things, then we end up just that....transient.
we are here to live physical lives and they are transient.
the stock market is the current underlayment to the barter system called the world economy.
we are all ascending together on this planet and solar system.
hold to the still point and uplift all with you as some are having trouble harmonizing.
the self organizing system is harmonically changing and holding the still point will smooth the change through creating coherence.
david saw the platonic solids in his latest vision..these are a good place to begin to hold your own still point and align to the planet and the universe.
we are grains of sands in the omniverse, but we are also the omniverse.
aligning ourselves between the two is beyond transient it is coherence and harmony.
blessings,
gwen
FIIISH
10-27-2008, 04:45 PM
well, the dow went down 2.42% from the previous close.
8,175.77 -203.18 / -2.42%
oct 27 4:04pm et †
open: 8,375.92
high (day): 8,599.10
low (day): 8,143.59
ytd%change: -38.37%
volume: 281,171,189.00
prev. close: 8,378.95
52-week range (low - high): 7,882.51 - 13,962.5
so, this is lower than friday, and not quite what david's research predicted.
i am not one to watch these numbers, but took note after david's latest blog entry dated 10/24/2008.
perhaps the lunar cycles are not affecting us the way they used to.
any thoughts on this?
darth_rothscum
10-27-2008, 11:43 PM
well, the dow went down 2.42% from the previous close.
8,175.77 -203.18 / -2.42%
oct 27 4:04pm et †
open: 8,375.92
high (day): 8,599.10
low (day): 8,143.59
ytd%change: -38.37%
volume: 281,171,189.00
prev. close: 8,378.95
52-week range (low - high): 7,882.51 - 13,962.5
so, this is lower than friday, and not quite what david's research predicted.
i am not one to watch these numbers, but took note after david's latest blog entry dated 10/24/2008.
perhaps the lunar cycles are not affecting us the way they used to.
any thoughts on this?
yeah, i did not agree with that portion of the blog either. the dow will continue to go down--as well it should! it might "reset" to either 6,000 or 4,000 because that will give the best match the actual economy. so, we still have plenty of wayzz to go! but that's a positive thing actually--it's all gambling and it should in fact, end.
Berry Chastain
10-28-2008, 06:03 AM
as i read the information, i understood that the 26th was the most probable time, but he did say that the following week would show the turn around. and today, tuesday the 28th, the market is already showing a strong upswing across the world.
i believe that the trend is accurate and we will see the turnaround happening within these few days.
FIIISH
10-28-2008, 06:59 PM
and our transition into 3d space/time.
correction: time/space
still working on getting the labels straight!
Tenet Nosce
10-28-2008, 08:07 PM
yeah, i did not agree with that portion of the blog either. the dow will continue to go down--as well it should! it might "reset" to either 6,000 or 4,000 because that will give the best match the actual economy. so, we still have plenty of wayzz to go! but that's a positive thing actually--it's all gambling and it should in fact, end.
excellent point. people are unfortunately stuck in the mindset that when the dow is up, things are good, and when the dow is down, things are bad.
things are good when the dow is an accurate representation of the values of the companies on which it is based.
Alixandra
10-29-2008, 07:37 AM
hi all:
i have this weird thing where i've been calling the markets accurately most of my life.
told both my brothers to get out before the tech crash. one listened, one didn't ... they both worked very hard to get to where they are, my father arrived with a sixth grade education, no english and $10 in his pocket (due to being in wwii in europe as a child).
so, they were in the right place at the right time and then worked 70 hours/week on high tech engineering which is their love and jim in particular went to bed with penny stocks and woke up one morning extremely wealthy.
he listened and got out. then i predicted the real estate crash, they got out. then i told them to get out of this market and invest in hard metals.
i only once made money in the markets myself because i only once invested. i bought silver and the miners in peru went on strike the next day, silver went from something like $2.50/ounce to $10/ounce in less than 30 days. everyone said, "stay in, it's going through the roof."
i said, "like hell, 300% profit is enough in 30 days, i'm out of here." i sold. miners went back to work the next morning and silver crashed.
luck and intuition, honestly. i have made these predictions almost always to help others and they've always been correct.
the markets right now are very dicey ... they could go up if the world remains stable but one crisis and they could completely shut down. i'm not getting an intuitive hit on it right now to be honest.
the ascension i see is perhaps a bit different. as a child, i would visit shambala in my mind, and i do believe this place exists. so, i see ascension a bit more like that ... those who are ready vibrate higher and move up to another dimension that already exists.
what do you all think?
love and light,
a
harmonyart
10-29-2008, 05:53 PM
the stock market is just a crazy making place now. the charting system david is using calls on harmonics and the solarlunar calendar to expect shifts.
i'm still studying up on it and while it's complex..trying to stay to the big picture.. we are all ascending together on this planet. some just don't know it and some do and some are manipulating those who don't know.
i've been a day trader for about 5 years and still don't get the whys and wherefores of why the market moves. mostly, if you a little fish all you can do is try to stay away from the sharks and find the harmony and balance investing.
it was actually a big relief to know david is looking at the market, too.
blessings,
gwen
Alixandra
10-30-2008, 07:54 AM
hi again,
my grandfather, who owned both stocks and a farm, in the netherlands, used to say, "when the markets collapse, farmers prosper, when the markets are hitting the skies, farmers starve."
so, it's a great time to farm.
the major issue i have with the markets is not that uneducated masses use them as gambling houses, but the fact that we have uneducated masses.
we are responsible for our education.
we are responsible for our decisions.
we are responsible for our lives and their outcomes.
it's not the "bad bankers." it's bad us for not understanding the federal reserve and allowing ourselves to be abused by bad leaders like children being abused by bad parents.
it's time we wake up and take self-responsibility for:
our medicine
our health
our education
our political system
our banking
our monetary system
our relationships
our lives ... all of it
our intuition
our spiritual growth
pointing fingers doesn't help ... although prayer to forgive outside oneself helps to forgive oneself.
what will make me craziest in someone else, is a trait i have denied and buried within myself.
caveat emptor!
love and light,
a
Deserthawk
10-30-2008, 09:41 AM
i think that many people may be looking at the stock market and the economic troubles to linearly. i see a bigger picture to all of this.
first - david is right, the stock market and financial picture is set to stabalize a bit and bring us back to a calmer state of mind.
the bigger picture, in my opinion, is that those who are on the verge of awakening will have an opportunity to look at the events of the last few months and see it for the "game" that it is. it is this type of upheaval that has the potential to shift people's perspective about life. the timing of this event was also well positioned.
the even bigger picture and what excites me the most about this financial collapse is the influence it has had on the election. i believe the bailout and the attitude that political figures have had regarding this situation has inspired voters to support change...support obama. this is divine!
as a society we put far too much energy into money and we forget that life is about so much more. watching the graphs on tv and listening to advisors tell us what to do with money and when...it's a game. when more people wake up to the game then money will naturally lose it's power to hypnotise society - especially here in america. that is what my higher self has been telling me anyway.
having the market rise again is appropriate. those who are awakening need to survive (and eat) during the upcoming transition. america, canada, europe and other countries are in a position to have great influence on the world changes. money will help us get through until we can develop a system that is not about the money. that new system is right around the corner.
anyway, i will step down from my soap box now. i have really enjoyed this thread. :-) i am new to this forum, so hopefully my comments will be received as well intentioned.
joy
Magical_Mongoose
10-31-2008, 12:31 PM
i think this "crash" is symbolic of our inner battle of honesty and acceptance. people usually aren't themselves without some sense of guilt, but not being yourself but projecting another person's dream only compounds it further. i think some people within the markets are beginning to realize how their dream was played off against them, how it was used to manipulate them in thinking that everything was fine. if anything, it could be likened to a spiritual death in which the old self becomes unviable to accomodate rising degrees of consiousness.
but all in all, things are fine. my life hasn't changed and probably a large majority of you have remain physically unaffected. yet instead of snuggling back into our cocoon, i would see this as an opportune time for enacting greater corporate accountability and enforcement methods to prevent this from occurring in the future.
throwing money at the issue, and giving even greater kickbacks to certain key players, is exactly what the bailout plan achieves. it does nothing to promote any sense of justice, honesty and integrity, which ultimately capitalism relies upon. rather, it accepts the status-quo status of non-ethical behaviour being rewarded, which in my view is one of the greatest issues of our time.
without love and trust, everything falls apart. companies are beginning to find that transparency and customer relations are where it's at. we have some coporate dinosaurs kicking around that will simply be displaced by more innovative and ethical versions. i don't see anything "crashing" during this period to any considerable extent, but rather as a transition period within capitalism, and upon this planet, when some serious questions are asked. the degree of love and respect we give within the answers will determine how our future will unfold.
Enkidu
10-31-2008, 08:48 PM
racking your minds over the purpose of the stock market crash, how its going to change what, the why for where for how for who for game is nothing more than a charade played out in the mind of the observer and, in my opinion, is a waste of time and energy.
all that matters is that it happened, dont feel fear, dont feel unease, and don't worry about it. the point is not to find the answers, the point is not to find the answers, the point is not to find the answers.
i have been away for a while, cleaning out the cellular memory, i come now today a different person than i was before. i saw the stars in three dimensions, not as a pallet across the night sky, and i have only this to say.
do not concern yourselves with these things, do not attempt to seek the why, for they are all transient and of no import. do not concern yourselves so heavily in the world beyond your reach, instead turn that focus to the world within, the world you can touch. do not bother with intricacies and complexities, simply feel your heart and your light.
i want you to perform an excercise for me, if you would be so kind.
sit back and think not of the golden age, not of 2012, not of a new world or dimension or society. sit back and think of the happiest moment of your life, remember the day when you felt your greatest joy, hold that moment, smell it, taste it, touch it, let that feeling come back to you as fresh as the first time, hold it for as long as you can.
then click start, shutdown.
walk away from your computer and spend time with someone important to you, not talking about the law of one, not talking about energy, not talking about parallel dimensions. spend time talking about nothing at all and simply sharing the company of another soul, create another precious moment that you can take with you.
if the earth is really going through this change, if we really incarnated here for the shift, i imagine there were many others who wanted to but didn't get the chance.
we got the chance to be here, we have this tiny particle of time to experience the beauty and the wonder of the world around us. to spend our trip focusing always on the rocky roads, always on the place from whence we came, pondering always how it works, seems a bit pointless to me now.
it is no different than waiting in line for hours to get into disneyland, finally getting your ticket, going through the turnstyle, then turning around and staring at the parking lot.
when we get back we get back, until then ride the rides and eat some cotton candy. dont concern yourself with how the ride works, or why it works, just understand that it does work, and it is fun to be on.
continue spiraling ever upwards,
austin
FIIISH
11-01-2008, 03:24 PM
enkidu,
i had a hard time trying to quote something from your last post in this thread because i agree with every sentiment that you expressed.
absolutely-we are needed out there with our friends, family, and neighbors.
now is the time for interaction and intervention with and on behalf of those who need a light in the darkness.
i always try to picture what i would like to experience during my next life review, and let that guide me among other things.
what do you want to experience? missed opportunities and regrets or the knowledge that you were there and did the best you possibly could to be unapologetically authentic and radiant in the moment? would you be proud of your choices and experiences?
Tenet Nosce
11-20-2008, 02:44 PM
http://finance.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chdet=1227211200000&chddm=7223&q=indexdjx:.dji&ntsp=0
graph above.
since the 24 october blog entry i have been paying special attention to the movement of the markets. from an analytical perspective, the market had "support" around 8200, and to be sure, in the last few weeks it seemed to hold its own above that value. today the bottom fell out. . . again.
i have also been scouring the media for any indication of the "new economy" which is coming. i believe it's coming. . but i don't see any indicators yet. all i have seen is a bunch of victim mentality and sorry pleas to the federal government for bailout money. seems america is still stuck in the mentality that throwing more (fake) money at a problem will make it go away. the average person's concerns still revolve around "am i going to be able to keep my house? my job? my retirement?" rather than what is going to be truly best for everybody involved.
but enough of the negative. i thought it would be instructive to open up a discussion about what we can do, as individuals, to turn things to the positive. not just as a number on the teevee screen, but for real. thoughts?
Firewalker
12-07-2008, 10:04 AM
i would like to make a tentative bet. (based on a feeling really, haven't studied or anything, no model. [yet!])
that the dji market will begin a slow climb to be between 9100- 9300 by december 15th, possibly (although less of a possibility) being higher to around 9600.
just for laughs.
astraya
01-15-2009, 05:14 AM
i would envision this world as one in which goods and services are exchanged freely, and where each individual's worth would be proportional to the degree to which they keep their word, and not to the degree where they can exert influence over others. in such a world contracts and written agreements would be unnecessary....
we need to get from "here" to "there" in less than 40 months. how exactly does a stock market recovery get us any closer to our goal?:confused:
after listening to hoagland's latest video from the secrets conference and his prediction that the stock market will recover more quickly than it did in 1929, i'm also wondering what role the stock market will play in the coming years. hoagland uses the stock market as an indicator of investor sentiment but if we are becoming more and more conscious or enlightened, shouldn't we be investing in improving the quality of life on this planet? helping others as well as helping the earth.
if we have any concerns that the power elite behind the stock market would be using our money in an irresponsible way, why would we give them our money?
my plan is to get a group of families together, buy a hobby farm and work together to cultivate the land. bringing children, parents and grandparents together to share in a mutual goal and learn about agriculture, sustainability and the care of the land.
what use is the stock market to enlightened beings?
astraya,
good question, but careful here... again, it is not a case of us vs them, it is only us. so, while the idea of moving to a hobby farm is okay if the intent is to be of service to others and establish/build a community through which to accomplish that, then bravo. if it is to isolate yourself from them, then you are continuing to exacorbate (sp??) the issue.
so, what does that have to do with money and the stock market? good question, but it does initially emphasize that money, and perhaps the stock market, was a way to continue us vs them. i think what you are going to see come out of this is just what purpose money serves...
if we are moving to a more connected-conscious body of beings, would this serve as a way to enable service to others? again, the original intent of money was a way to create a mobile way of exchanging value, e.g. a recognition of value and a way to exchange it, or if you like, a way to exchange energy. so, the question is, how can we use this as a way to exchange energy, and preferrably a way to exchange energy in a purpose of service to others. that is what is keeping my thinking and pondering at night.
astraya
01-15-2009, 01:53 PM
astraya,
good question, but careful here... again, it is not a case of us vs them, it is only us. so, while the idea of moving to a hobby farm is okay if the intent is to be of service to others and establish/build a community through which to accomplish that, then bravo. if it is to isolate yourself from them, then you are continuing to exacorbate (sp??) the issue.
so, what does that have to do with money and the stock market? good question, but it does initially emphasize that money, and perhaps the stock market, was a way to continue us vs them. i think what you are going to see come out of this is just what purpose money serves...
if we are moving to a more connected-conscious body of beings, would this serve as a way to enable service to others? again, the original intent of money was a way to create a mobile way of exchanging value, e.g. a recognition of value and a way to exchange it, or if you like, a way to exchange energy. so, the question is, how can we use this as a way to exchange energy, and preferrably a way to exchange energy in a purpose of service to others. that is what is keeping my thinking and pondering at night.
hi bill,
just to clarify, we wouldn't be moving there. each family has commitments in the city with jobs, school, sports etc. i believe that our kids still need to be able to operate in consensus reality but i also believe that we have lost our connection to the earth. so it's like having a foot in both worlds :).
best,
stacy
i haven't listened to hoagland's latest video but the statement made concerning the recovery of the stock market being quicker than it was in 1929 does seem to have a problem with associating the stock market with the great depression. the stock market near the end of 1929 took a tremendous dive which continued in a declining trend until 1932 when it reached the bottom. the market performance in 1933 was an over 60% recovery from the low point in 1932 and from 1933 onward the stock market began a steady climb back up.
the great depression which began in 1932 lasted until approximately 1940 when the economy was saved by the u.s. gearing up to provide war materials to those already involved in wwii. the stock market itself truly had little or no effect on the overall economy just as today.
the effects we are seeing on the general economy today is being caused by the domino effect of the consumer having no money to buy other than essentials which produces lowered demand for articles other than staples. lowered demand means less call for manufacturing and increasing unemployment. as unemployment increases demand plummets and you have a declining economy which eventually leads into a depressive economy. a depressive economy is one that exhibits negative or near zero growth.
even if the current market recovers it will not bring an end to the global economic collapse which is in progress. the house of cards was built by a reliance on the false value of real estate which will not be coming back into play. real estate values will decline to the point where there is parity between the value of property and what it is really worth. once we reach that point values will then begin to increase on a more natural growth pattern. the easy credit will not be coming back, the large financial institutions will no longer be pushed into lending money to people who should not be borrowing it to begin with.
government intervention will only lead to unrest among the citizens causing a very dangerous situation to arise.
Chris Hamilton
01-19-2009, 01:05 PM
comments on david's blog from 10/24/08 may be posted here.
government intervention will only lead to unrest among the citizens causing a very dangerous situation to arise.
asa, its very interesting that i agree with everything you have written, except your conclusion.
the reason the great depression lasted so long was that the us government did not spend enough to get the economy out of recession. the whole purpose of the tarp plan to bail out banks is to give them money so that they can stop foreclosing on homes and lend again so that people will spend money and get the economy back on track.
financial commentators now agree that the stock market swoon we saw in october was directly related to lehman brothers' collapse. without government money going to banks such as citigroup, it is possible citi will collapse like lehman, with a significantly larger impact on the stock market/economy.
i also respectfully disagree with what magical mongoose wrote a few months back in an earlier post:
"throwing money at the issue, and giving even greater kickbacks to certain key players, is exactly what the bailout plan achieves. it does nothing to promote any sense of justice, honesty and integrity, which ultimately capitalism relies upon. rather, it accepts the status-quo status of non-ethical behaviour being rewarded, which in my view is one of the greatest issues of our time."
i used to be an employee of citigroup, and i can assure you that the 0.01% of citi's employees that traded mortgage back securities that lost the company over 80bn in the past 2 years are gone. they didn't get any bonuses, there aren't any kickbacks, they lost their jobs as they deserved to. another 20% of citi's employees lost their jobs as well. without the governments money, the other 80% will lose their jobs too. you cannot say that bailing out companies like citi, aig, fannie mae, and freddie mac is rewarding unethical behavior because 99% of the employees at these companies were not involved in making these disastrous bets in real estate. it is far more accurate to put the blame on the too easy credit available in the early part of this decade, but then who was complaining when housing prices were rising, stocks were going higher, and the economy was booming???
david wilcock is right in that the stock market collapse has hurt the big players much more than the average person. you might have lost 30%-40% of your savings. your house might be worth less than when you bought it. you may even have lost your job. but it is minor compared to all the hedge funds that have gone bust, the 260bn lost by the russian oil oligarchs, the 50bn lost in bernie madoff's massive ponzi scheme (i doubt any readers invested with him, my apologies if you did). i could go on and on.
the only positive here is that the stock market is much more realistic in reflecting value now, and if you lost a bit (everyone lost, just to varying degrees) then hopefully it may have pointed you towards a path that is less materialistic and more spiritual.
j.
Understanding
02-24-2009, 03:21 AM
hi, as i started getting interested in 11:11, 2012, spirtuality i was always unsure....like everybody. i was reading different opinions, good ones, positive ones, doomsdays one. i was scared, filled up with fear, but as i am going on my 3 years i realized i am not scared by anything no more. i do believe the economy will collapse and it will be worse then the great depression way worse. and i know david always tries to send a positive message, about different timelines bringing the stock market back up....i say no let it crash. its good to be positive, but we need it to crash we need the world to change out of this materialistic monetary system. same ol same ol, its time for change no obama change, change from every human being on this planet. the world is beat up and we humans are going through a quarter to mid life crisis. a lot of people are sick and fed up with this world. lately people have been telling me how boring life is and repetive and look like zombies when they walk or talk everyone looks sad or depressed or they look like they want to start a fight for no reason. i say let the economy crash to me this is a sign not definate proof, but a sign that maybe just maybe there is something to 2012
BridgeBuilder
02-24-2009, 12:09 PM
i say no let it crash. its good to be positive, but we need it to crash we need the world to change out of this materialistic monetary system. same ol same ol, its time for change no obama change, change from every human being on this planet.
if you think about how so many have essentially been enslaved by the corrupt, greed-based corporate paradigm, i have come to the conclusion that a drastic change in our economic climate can only be considered a good thing.
i am observing something fascinating, something that was also mentioned numerous times at the conscious life expo in l.a., including in one of the panels in which david was a part. spiritually-oriented creative people freed from their corporate jobs (either voluntarily or involuntarily) are learning to rely on their own talents and resources. sometimes we need a little push to get us to work in our passions and mastery. this has not only been my personal experience, but the experience of many others. some are simply choosing to walk away from the old paradigm of working 60-hour weeks for little true reward. i personally made that choice, after watching one job end and having the option to take another. i simply chose to walk away and strike out on my own, just about the bravest thing i have ever done. in the past, i would have chosen security over freedom.
and i'm finding a new business model is showing up more and more among spiritually-oriented individuals - a business model no longer based on greed but based on trust, collaboration and synchronicity, where each person contributes their talents to a project, with no agreed-upon compensation at the outset, or based on a "pay what you can" model. i had already personally witnessed this new approach independently arising, including in some ventures i am now involved with, and then i was pleasantly surprised to see it discussed in more than one session at the conscious life expo. isn't it fascinating that when consciousness shifts, several of us have the same idea at once? indeed, that's what "convergence" is all about...
as far as the economy goes, can we get ourselves out of a space of fear and simply trust? fear is always a choice. i choose to be in a space of joy and creativity instead, reminding myself that all is well no matter what. sure, i have my lapses into fear too, as drastic change can indeed be disconcerting, but more and more, i find myself resting in what someone long ago once called "the peace that passeth understanding".
in peace,
bridgebuilder
Deerclan
02-24-2009, 01:02 PM
a friend of mine recently made an absolutely huge horrible mess on some old family property he inherited. it is pristine countryside that was once part of an lovely old dairy farm that belonged to his grandparents.
what mess did my friend make, and why?
he tore down an old house that was ugly and near to falling down on its own.
he built in its place a beautiful new log cabin that actually beautifies the countryside.
i understand the old fellow who was living in the falling-down house, and paying something like ten dollars a month rent, thought it was just awful.
it's a question of which house we want to live in. :)
well put, bridgebuilder.
-- deerclan
Firewalker
02-24-2009, 07:00 PM
as a note on the stock market. the djia has bottomed out again recently. although a short rise again today. yesterday 7111.59, where the november bottom was something like 7500. however, a 234 point rise today is looking positive.
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