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joy
October 2009 
The Mountain, the Forest & the Trees & Out of the Crises ~
Joy Bringer
The significance of the economic crisis which is part of a much bigger global crisis on all levels, is not limited to the US, but is global in scope and too disastrous to allow to happen and deepen in severity. The call and need for ALL of us to think AND act differently has never been louder and more urgent. We really have to SEE ourselves and the world around us in radically NEW ways and resolve our challenges in new, deeper and smarter ways. We need to SEE things, events and ideas from a holistic perspective, from a higher awareness of their impact on each and all of us, AND ACT accordingly so that this set of new values, higher consciousness and respons-able behaviors can transform the prevalent current toxic way of thinking, living and being.
What is really needed is for each and every one of us to do AND bring their best, to summon his/her highest self and BE the change by example and by sharing the deepest and brightest of our ideas in finding solutions that will be aligned with the future we want to co-create for us and the generations to come.
I think, feel AND believe that we as humanity can avoid all the doom and gloom scenarios that we are bombarded with on an hourly basis, by being and acting together like we never did/have before, fusing our inner knowledge of who we are and acting from the wisdom of our interdependence all-together.
I envision that we can turn the planetary alarms from being the real concern of the few to being the daily action of the many and thus facilitate the transition through co-operation and learning rather than through disasters and pain.
"To give you an idea as to where our country is with debt, as of September 2008, the U.S. federal debt totaled approximately $9.7T, or $31,700 per person. However when the unfunded liabilities such as Social Security, Medicare, and other social programs are added in, our total debt grows to $59.1T or $516,348 per household. In 2005, the total personal debt, consisting of mortgages and consumer loans was estimated at $11.4T, with total U.S. household assets, including real estate, totaling $62.5T. (Wikipedia, United States public debt). This leaves approximately a $3T difference between our liabilities and our assets.
Why it is Americans can't forgive themselves the interest on the debt? We don't owe it to "we the people," we owe it to the Federal Reserve and to foreign governments in the form of U.S. Treasury bills, notes, and bonds. Currently the top four foreign owners of our debt include: Japan at $592.2B, China at $502B, United Kingdom at $251.4B, and oil exporters at $153.9B. Other countries include Brazil, Caribbean Banking Centers, Luxembourg, Hong Kong, Russia, Norway, Germany, Taiwan, and Switzerland."
Albert for blogging about the Spiegel article on"America looses is dominant economic role" with plenty of interesting takes, facts and opinions on the international reverberations of the economic events unfolding in the US as we write all this.
doolang)
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