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[Closed] The Economy

(@michele-b)
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@jeanne-mayell

I believe we will all be okay through it.  Perhaps another meditation night is in order for us to fortify ourselves and send healing to others. 

Jeanne

Very powerful full moon tonight. We missed the Lionsgate Portal but energies are still very high.

If its too late to gather tonight for your own schedule , we should all at least meditate on our own. 

I'll plan on mine at 5:30 Pacific Time and hoping others can do the same with highest energies. good and positive intentions for our world, those we care about, and each other.

This is a definitely a "Being of Service and Reaching Out to Others" kind of full moon energetically. 

?

.

 



   
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(@coyote)
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@jeanne-mayell

That mortgage scheme is the logical endpoint of this round of financial auto-cannibalism the world economy has been engaged in since 2009. And financial auto-cannibalism is the endpoint of our whole 500-year old paradigm of extractive, interest based economics. So it's important to keep in mind that while Trump is changing some contours of our economic predicament, we'd still be hurtling headlong to an economic breaking point regardless of who's in the White House. 

With this big picture in mind, I don't think our left-right binary is particularly helpful as we navigate the end of the current economic paradigm. The political left has bought into the same dubious assumptions as the right: that endless growth is possible; consumerism is a sign of health; and a world divided between winners and losers is desirable. Tellingly, even putative radical left parties, whenever they come to power in national parliaments, only rejig a few things here and there in order to soften the blow to the losers of our economic landscape.

Faced with the fact that our economic infrastructure is crumbling, I think the best solution would involve encouraging communities and regions to experiment with their own economic models. Since we're entering a period of profound converging crisis, we need the sort of organic ingenuity that is best incubated at the local level. So what I'm really trying to say is; even if we elect a Democratic president in 2020, we shouldn't immediately think we're in good hands, economically speaking. He/She could choose to hamstring state- and municipality-based economic innovations in favor of unimaginative top-down directives (read about the example of Wörgl, Austria and its thwarted stamp scrip currency to see how the interests of centralized, national institutions can strangle creative problem-solving.)



   
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(@celticwitch)
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Just did a meditation, the full moon certainly helped.  Visions have been clearer than ones previously this year, where its been murky and tangled.  

- December (not given the year).  Stock market drops significantly.

- Stores go out of business in the weeks before Christmas. Shutters are down, customers are on one side waving money at the staff on the inside. Customers are scratching their heads. "It's Christmas," they shout.

- White House: Lights are off, no one's at home.  I'm drawn into the situation room. Pence is there with men around the table. Paul Ryan is there (please see below). Pence is looking at a screen with an image of a tanker on it.

- Palace of Westminster is shrouded in black. We're in mourning, either someone has died or democracy is dead.

- Russia is celebrating, there's fireworks above the Kermlin. Putin is doing a jig. At the time I was meditating I put my hands up to my hair and removed hair grips. Letting my hair down.

- Traders on the NYSE floor have handcuffs on and being told to stop. I think this is a metaphor, their hands are tied and to stop trading. 

I asked for hope: 

- People are leaving their homes with cooked turkey's and walking to their neighbours to share. Determination. 

- Churches are lit up,  homeless are being allowed in to shelter.  Bunk beds are installed basements.  "Are you allowed to do this?" "Who cares?" comes the reply.  Watch for empty churches bring taken over by flash mobs, who have skills to keep the electricity and heat on. 

- Love and empathy is around, pink bubble.  It's quieter than normal, the younger generations lead the way.

**Paul Ryan shows up in my visions frequently when it comes to American politics. When I see him in my visions I don't always assume he will be there, it's more about the influence he has, for me he represents the pre-Trump Republicans***



   
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(@jeanne-mayell)
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@michele-b-here-in-the-forum

Thank you once again for setting up the meditation. You always bring us to the highest and just when we need it.

I'm going to meditate to this loving kindness meditation which is perfect for this particular Acquarius full moon.

https://www.jeannemayell.com/brief-guided-meditations/

As you will see if you click on the link and follow along, begin by sending the healing to yourself, then to someone you love and then to everyone in your circle and our circle and then the whole world. 

I will be meditating individually (not on line)  tonight at 8:30 EDT along with Michele who will be on the west coast. 

I hope you will join us in spirit. 

Jeanne 



   
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(@jeanne-mayell)
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@coyote

"...even if we elect a Democratic president in 2020, we shouldn't immediately think we're in good hands, economically speaking." - Coyote

Agree about many of your points, including the cyclical nature of the markets.  

But I don't equate the two parties at all  in contribution to the mess we are in, in the using up of precious resources, both natural resources and human,  the continuing to treat the earth as an endless  supply house and sewer,  and the many ways the Republican Party, the party of the corporation, has been the driving the economy and our civilization off a cliff. 



   
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(@saibh)
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Another way to think of Coyote’s warning ... if a recession begins, the effects will really start to be felt around the time of the election or after. If a dem is elected, she or he will have to clean up the fascist goldfish’s mess, just like Obama did. The economy will be seen as the new president’s fault, because that’s when the effects will be most felt. “Dems mishandled the economy!” Historically, the economy does better under a dem, but try telling that to republican voters.



   
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 stu
(@stu)
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@pacosurfer

The safest form of investment is Treasury Bonds because the government always has a way to pay it's bills. US Treasury Bonds currently give a small return of around 1-2%, it's a way of holding your money steady in uncertain times. In Germany they have negative bond rates, meaning investors are paying the German Government to lend the German government money. It sounds crazy but so many people have rushed to buy bonds that the rate has turned negative. (The more people who buy bonds the lower the rate offered). That's the price people are prepared to pay for a rock solid investment. Bonds are more like insurance really, rather then an investment.

Gold has also historically kept it's value against inflation.

The best advice is to not keep all your eggs in one basket. keep a diverse portfolio.

These are the businesses that do well in a recession:

https://www.investopedia.com/financial-edge/0811/9-businesses-that-thrive-in-recession.aspx

 

 



   
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 KB
(@kb)
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trump will try with all his might to keep the economy pumped up until 11/20, but he won't be able to pull it off, and the US economy will fall on his watch. There are too many warning signals.  Too much global instability and fear, and the tongest bull market in history is on its last gasp.  Without his "economic boom" message, trump can't get re-elected. Simple as that.  A strong economy is a big reason many supporters give trump a pass on his otherwise vile behaviors.   

Consider this:  1)Trade war is escalating, and China just dug in. There's zero way trump can win it because China's going to wait him out and deal with the next admin.  2) US stock market already aggressively broke through key up trend lines, which means there's an 80% chance it's going lower. Much lower. 3) US bond market is already signalling a recession - best case scenario is 6 months out (February), but more likely by December. 4) US corporate earnings forecasted to be much lower in 3Q and 4Q of 2019, which is another reason for stock market to decline.  5)  US national debt is at crisis level. Household debt and student loans are higher now than in 2007. Sub-prime lending started again. 6) Fed Reserve doesn't have enough tricks left to stimulate/correct a declining economy. 7) Russia, China and India are already shifting away from US dollar as dominant world currency. It will be truly dreadful for us when the rest of the world joins in, and US dollar dramatically deflates in value. 8) Boost from trump's tax cuts and upward momentum from Obama era policies has worn off.    

Still working for now:  Low unemployment, consumer spending, housing values. 

Looming global problems:  Iran, North Korea, Brexit, slowing European and world economy, global immigration, global populism.  

It's hard to kill a raging bull economy, but trump's ignorance and recklessness will bring us to our knees.  



   
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(@jeanne-mayell)
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So true: Trump's tax cuts were a misnomer.  They were tax cuts for the ultra wealthy.  It was a tax increase for the middle-class. and that hurts the economy.  

What I learned long ago in Economics 101: when you give extra money to the rich, it doesn't trickle down to lower economic classes.  The rich spend their extra money on foreign goods and services, not on American.

When you give extra money to corporations, it also doesn't trickle down. It sends a short term boost to the DOW because investors who are wealthy get hopeful, but it isn't sustainable, just like most of Trump and the Republican Party's transfers to the wealthy aren't sustainable. 



   
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(@coyote)
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Regarding my previous comment, I got drunk on words and was trying to allude to meta philosophical themes that really aren’t meant for the limited space of a forum post. It was not my intention to invoke mealy-mouthed “both sides do it”-ism with regards to the current political landscape. I don’t want to distract more from the topic of this thread, so that’s all I’m going to say.



   
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