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Concerns about global economic growth, the sovereign debt crisis in Europe and the budget fracas in the U.S. all coalesced last week into a fierce storm that drove the Dow Jones Industrial Average to its biggest loss in nearly two years. On Thursday, the Dow skidded 512.76, or 4.3%, to 11383.68, wiping out the year's gains. The drop punctuated two weeks of terrible trading, with the Dow falling nearly 11% from its April 29 high, placing the blue-chip measure firmly in "correction" territory and threatening a new bear market -- a 20% drop.
We all know growth is tepid, unemployment is a bear and housing, well, stinks. That’s why major Wall Street firms, the International Monetary Fund and, on Wednesday, the Federal Reserve all slashed their estimates for U.S. GDP growth this year.
Housing remains critical, so I looked up one of the few people who saw the housing bust and financial crisis coming years before they happened: Gary Shilling, economist and author of “The Age of Deleveraging.” While his steadfast bearishness didn’t surprise me, his blunt assessment did.
“I’m predicting another recession next year,” he told me.
Fears that the global economy could be moving again toward recession sent global markets plunging Thursday and Friday (WashPost), with economic and financial problems worldwide fueling a cycle of upheaval. The plummet in stocks followed President Barack Obama's signing of the $2.4 trillion debt-limit increase earlier in the week, a process that raised concern about Washington's ability to correct its mounting fiscal problems.
The String Attractor at the end of history:
(never considered the notion that we are being pulled rather than going on forever and ever....)
I the 19th century if you spoke of nature having a purpose, you were thought to be anti evolution. Because in the 19th there was great pains taken to eliminate anything like pre-formation, or teleology, or purpose or God, all these things they were trying to eliminate from evolution theory.
Until very recently in scientific thought, the idea has been that events are pushed by causal necessity embedded in events which preceded them. In other words, if you asked the question, what is the most important event in terms of shaping this moment, the answer would be, the moment just before this moment, because it hands on the energy, the space, the time.
Recently mathematicians have evolved what they call the notion of attractors, or strange attractors in some cases, and these are processes where a dynamic is not pushed by causal necessity from behind, but it's pulled by a point in the future.
You could almost say, for example, if you release a ball bearing near the rim of a bowl that its attractor is the bottom of the bowl, and the ball bearing will roll down to the bottom, then half way up the side, then up the side, in shorter and shorter cycles until it finally comes to rest in the exact bottom of the bowl.
Well from the point of view of the new mathematics, the bottom of the bowl is a basin of attraction The ball bearing has fallen under its influence.
So, I have always doubted that evolutionary theory without purpose, without Teleology, could produce this complex world as we see around us, in as short a time, 5 billion years, as the life of the earth.
It seemed more as though these processes were not just wandering across a flat genetic landscape, the process of biological evolution was actually being channeled between high walls......and this is the idea of an attractor.
What the universe is doing is under the sway of what I call the transcendental object at the end of time, and that is this domain of hyperconnectivity that would be perfect novelty. And that all nature aspires for this state of perfect novelty. You could almost say that nature abhors habit. So it seeks the novel by producing various types of phenomena at every level in biology, chemistry and society.
There really is a purpose to the universe. Its purpose is this state of hyper complexification in which all of its points become related to each other, become what mathematicians call co-tangent.
We stand then like children at the edge of the ocean of information and we're putting our feet in and wondering, could we swim in that, what would it be like.....
We are conscious.... we who will make the transition are conscious in some limited sense understand its implications....But the degrees of freedom accessible to us are so multiferous, that we can actually appreciate for the first time, our circumstance, and our circumstance is awe inspiring.
We are about to take the step out of matter. The planet is on a collision course with the most profound event that is possible to imagine. The freeing of organic life from the chrysallus of matter.
For a billion years there has been life on this planet, but never life that could step outside of matter. This is obviously what is in the cards and we are privileged to be central to that event......
In other words, an event of cosmic significance and importance is going to occur, not far in the future. Are we causing it NO! Can we we stop it NO! Can we hurry it NO!
Its built into the structure of matter itself. …
People have said to me, don't you find it a little strange that such a momentous event would occur in human history, after all human history is 10 000 years wide, the planet is 5 billion years old. Pretty unusual that human history would be happening when this cosmic event happens.
No thats completely wrong, human history is being caused by the near by presence of this event. In other words, if you think of the event as something that has shells of influence, some of its shells of influence reach so far back in time that it could drag life out of the primitive ocean. Some of its shells of influence reach so far back in time that they define the emergence of the hominid line out of the higher primates, some shells reach back to Egypt, some to medeival time....
I would argue that the presence of human civilization on this planet is the strongest evidence we have that matter and organizational processes are about to make some kind of leap.
What history is, is the 25 000 year transition zone.....(animal instincts, but teachers come along to show us the right way)
We are schizophrenic in history. History is the shockwave that precedes the escaton....
Escaton simply means the last thing. The last thing is the escaton and it is everything becomes one thing, for theologians its God, for materialists it might be something else (he notes a difference and implies a separation of elements)....
Concrescence is the end of the process of becoming. Becoming is not true being. True Being exists at the concrescence. …
The Escaton is the Concrescence.
Originally posted by Unity_99
reply to post by DClairvoyant
Memories stirred. So , no I only relay exactly what I've experienced, when I say its what I've been given, windows open or direct guidance, and I did in that post. OR its connecting dots, as in my thread I 've linked above. In part due to yesterday and experiences. I never lie, you can't communicate with lies and I don't like manipulation either, as that is something I'm getting really sensitive too. In fact more is needed to be added. For what does it matter to say, have no fear, if there are negative events planned to be carried out, they would not be easy on people if they do. We need to picture our minds ahead of time, and have a plan in place, to share and pull together, and what to say to authorities should the need arrive.
We have choices inside, I'm wondering what you're choosing right now. I'm being faithful to Light within.edit on 10-9-2011 by Unity_99 because: (no reason given)
Deniers of the Truth within Christ's Word will not only be blind as to what is taking shape, but will not be given the strength to endure either for such denials, wilful ignorance and wickedness. So many on a ship of fools, so that when the boat eventually rocks, many will be floating lost in a sea of illusions. Choose wisely what spirit you contend with.