ecowarrior77
03-20-2007, 02:04 AM
ok, with david's latest blog entry "it only takes 5 minutes to predict
the end of the world",(an awesome blog entry!) i have some questions
regarding fear v.s reality.
i apologize for the length of this post.
i admit that i had for many years focused on the gloom-and-doom aspect
of future earth changes, but, to me, they weren't gloom-and-doom, as
much as they were possibly necessary means of mirroring back to each
of us the imbalance that we have within ourselves through the
cleansing effect of massive outer changes. in a way i am glad that
such horrific, large-scale changes did not happen outside ourselves
and that we have been given opportunities to make changes within
ourselves in more graceful ways that, hopefully, would eventually
manifest in our "outer" world of our collective, shared reality prior
to the 2012 big shift. but those who suffered the tsunami in
indonesia might argue otherwise.
i'm learning to shift my attention towards far more positive outcomes
of future events that are connected to current events, but this leads
me to my quandary--how do i truthfully describe current/future events
in ways that do not engender fear in others without ignoring the
effects of current events which are tough for many to deal with?
let's take the us housing bubble as an example:
the us is currently experiencing the start of a housing bubble crash
of possibly unprecedented proportions and this crash has only begun
with apparent greater effects yet to manifest in our collective
realities. any talk about this kind of effect could create fear in
many people, as many of them have invested greatly in their homes.
some people are ok, as their mortgages have been pared down or paid
off without adding on any extra 2nd mortgages, but some who are the
latest to have bought homes (within the last several years...2003 and
on) stand to suffer the effect of having their home value drop below
their mortgage debt with the very realistic prospects of their home
values to continue to drop for at least five more years from 2007.
some bubble areas stand to lose at least 40% to 50% of current home
values in the next several years.
the current housing bubble is the biggest bubble in history. ever.
in any kind of investment. the bubble has become grotesquely out of
proportion in relation to rents, to income, to the real value of a
home--basic economics, in other words. not only the recently-sold
home prices have risen, but other homes as well and many people have
taken advantage of the rise in the "values" of their homes by turning
them into atms with the taking out additional debt against the "value"
of their homes.
so now there's been some turbulence on the markets with some large
mortgage companies (i.e. new century) going bankrupt or on the verge
of going bankrupt, due to the failures of many of the sub-prime
borrowers failing to make pymts on time (a good 12% on average). this
turbulence has only begun and it clearly will get worse as 2007 goes
on. the crisis is so serious that the "government" is considering
some actions to try to stabilize the crisis, but some of the govt
actions (i.e. tightening of the lending rules, etc) would actually
exacerbate the problems by causing far-steeper drops in the buying of
many vacant, unsold homes.
so i'm trying to figure out how to talk realistically about the
economics about this massive housing bubble with people, many of whom
are home-owners, without adding to the fear surrounding this event.
it seems to me that to gloss over this and just say "no fear" would
not do justice.
there are many reasons why this housing bubble has been created--the
underlying cause of it is the widespread ignorance of many about the
basics of the economics of money. if we did not have the
interest/usury-based fiat notes made by the ptb (powers that
be)through the federal reserve, this housing bubble would not have
happened. period. that's just one aspect of it.
but people who are in fear with regard their homes are not in
positions to educate themselves about the basics of economics when
they are worried in their gut as to how they can keep up with the
heavy debt-load that their houses have on their backs and how they can
pay their bills, feed their kids, etc--all this creates pretty heavy
fear. i've been able to help some by assisting them to buy
gold/silver as a way of enabling them to soon (in two or three years)
wipe out all of their debt and then some by having the gold/silver on
hand, but, in order to do that, they have to learn the basics of
economics first as to how/why the housing bubble happened in the first
place, then they need to be able to buy the precious metals to hold
for several years.
some people have been extremely appreciative of the complex economics
information that i've shared with them with their taking action to
protect themselves, but others are so tapped out that they cannot take
the appropriate action to protect themselves and it is those who are
the deepest in fear and i just don't know what to do to try to help
them alleviate their fears without being truthful about the hows/whys
of the current housing bubble that is in the process of bursting.
~seth
p.s. if you care to respond to this post, please leave just a phrase
or a sentence or two at the most for conversational continuity so that
the dead text won't overwhelm your response-post.
the end of the world",(an awesome blog entry!) i have some questions
regarding fear v.s reality.
i apologize for the length of this post.
i admit that i had for many years focused on the gloom-and-doom aspect
of future earth changes, but, to me, they weren't gloom-and-doom, as
much as they were possibly necessary means of mirroring back to each
of us the imbalance that we have within ourselves through the
cleansing effect of massive outer changes. in a way i am glad that
such horrific, large-scale changes did not happen outside ourselves
and that we have been given opportunities to make changes within
ourselves in more graceful ways that, hopefully, would eventually
manifest in our "outer" world of our collective, shared reality prior
to the 2012 big shift. but those who suffered the tsunami in
indonesia might argue otherwise.
i'm learning to shift my attention towards far more positive outcomes
of future events that are connected to current events, but this leads
me to my quandary--how do i truthfully describe current/future events
in ways that do not engender fear in others without ignoring the
effects of current events which are tough for many to deal with?
let's take the us housing bubble as an example:
the us is currently experiencing the start of a housing bubble crash
of possibly unprecedented proportions and this crash has only begun
with apparent greater effects yet to manifest in our collective
realities. any talk about this kind of effect could create fear in
many people, as many of them have invested greatly in their homes.
some people are ok, as their mortgages have been pared down or paid
off without adding on any extra 2nd mortgages, but some who are the
latest to have bought homes (within the last several years...2003 and
on) stand to suffer the effect of having their home value drop below
their mortgage debt with the very realistic prospects of their home
values to continue to drop for at least five more years from 2007.
some bubble areas stand to lose at least 40% to 50% of current home
values in the next several years.
the current housing bubble is the biggest bubble in history. ever.
in any kind of investment. the bubble has become grotesquely out of
proportion in relation to rents, to income, to the real value of a
home--basic economics, in other words. not only the recently-sold
home prices have risen, but other homes as well and many people have
taken advantage of the rise in the "values" of their homes by turning
them into atms with the taking out additional debt against the "value"
of their homes.
so now there's been some turbulence on the markets with some large
mortgage companies (i.e. new century) going bankrupt or on the verge
of going bankrupt, due to the failures of many of the sub-prime
borrowers failing to make pymts on time (a good 12% on average). this
turbulence has only begun and it clearly will get worse as 2007 goes
on. the crisis is so serious that the "government" is considering
some actions to try to stabilize the crisis, but some of the govt
actions (i.e. tightening of the lending rules, etc) would actually
exacerbate the problems by causing far-steeper drops in the buying of
many vacant, unsold homes.
so i'm trying to figure out how to talk realistically about the
economics about this massive housing bubble with people, many of whom
are home-owners, without adding to the fear surrounding this event.
it seems to me that to gloss over this and just say "no fear" would
not do justice.
there are many reasons why this housing bubble has been created--the
underlying cause of it is the widespread ignorance of many about the
basics of the economics of money. if we did not have the
interest/usury-based fiat notes made by the ptb (powers that
be)through the federal reserve, this housing bubble would not have
happened. period. that's just one aspect of it.
but people who are in fear with regard their homes are not in
positions to educate themselves about the basics of economics when
they are worried in their gut as to how they can keep up with the
heavy debt-load that their houses have on their backs and how they can
pay their bills, feed their kids, etc--all this creates pretty heavy
fear. i've been able to help some by assisting them to buy
gold/silver as a way of enabling them to soon (in two or three years)
wipe out all of their debt and then some by having the gold/silver on
hand, but, in order to do that, they have to learn the basics of
economics first as to how/why the housing bubble happened in the first
place, then they need to be able to buy the precious metals to hold
for several years.
some people have been extremely appreciative of the complex economics
information that i've shared with them with their taking action to
protect themselves, but others are so tapped out that they cannot take
the appropriate action to protect themselves and it is those who are
the deepest in fear and i just don't know what to do to try to help
them alleviate their fears without being truthful about the hows/whys
of the current housing bubble that is in the process of bursting.
~seth
p.s. if you care to respond to this post, please leave just a phrase
or a sentence or two at the most for conversational continuity so that
the dead text won't overwhelm your response-post.