Ready for the Ride?

Things at the IMF don't look so great for Mr. Wolfowitz. This is a big blow to this yes man.

This is not the first time that the way the IMF handles things by forcing someone out. Good minds, like Joseph Stiglitz have understood where they stand in the whole scheme of things in this and similar organizations.

Stiglitz left the World Bank upset that the organization did not heed his calls for reform because if the organizations did not reform its policies would crash. They did. He has predicted that the current way that these policies are leading the world, the only end result possible is that of a global economic crash.

Ready for the ride?

Severe Weather and Debt

Sticking to the topic of insurance, it is important to keep an eye out for natural disasters. If you are living in an area that is prone to natural disasters, and you don't want to find yourself in deep financial trouble should one come around, then it is time for you to get insured. This of course depends on where you live. In Florida for example, it is the storms in the summer through fall that can kill your finances, and set your debt relief efforts back years, if not decades.

The situation in storm affected areas does not seem too good:

Abnormally high temperatures in the Atlantic, where hurricanes frequently form, also factored into Tuesday's prediction. Gray said they are a product of a naturally recurring cycle that is responsible for the recent era of increased storm intensity -- not global warming.

He also agrees with scientists from the National Oceanic and Atmospheric Administration, who on March 8 said there's a good chance that La Nina conditions will emerge in the next two or three months, further increasing the likelihood of an active season.

Characterized by cooling waters in the equatorial Pacific, La Nina has the opposite effect of El Nino. It calms the atmosphere, aiding formation of hurricanes.

But, Klotzbach said, there's not a huge difference between the neutral conditions present now and La Nina. They both make for an ominous six-month hurricane season.

"You can get really active seasons either way," he said. "You just can't have El Nino conditions."

Financial Meltdown

With all the talk about global warming dominating the news, one wonder, why is there know talk about financial meltdown? While we cannot vouch for the source of the information, what matters is not whether we like the people responsible, but this individual message. Overall, Larouche is a bad bad man, but we should still ponder questions related to finances. That said, consider the article:

There is a battle raging among climate scientists, geologists, chemists, and other scientists about the cause for the climate fluctuations which, over hundreds of thousands of years, have determined the shifts between ice ages, warming periods, interglacials, and inter-warming periods. All serious scientists agree that solar cycles, and only to a negligible degree human activity, are responsible for changes in temperature. In the face of this clear contradiction between scientific analysis and a propaganda campaign which has recently been used by the hedge funds, how is it explainable that Chancellor Angela Merkel used the German presidency of the European Union to make the subject of climate the top priority? And that, despite the fact that Merkel is herself a physicist, and therefore surely has the ability to inform herself on the facts of the matter.

The suspicion is that governments not only know that the "man-made climate catastrophe" is a swindle, but that they also know that the system associated with globalization is coming to an end. And because they don't have the courage to admit that their incompetent economic policy is responsible for the current systemic crisis, the climate question serves as a welcome scapegoat. Because if the financial system collapses, then chaos threatens, and in this situation they have several emergency measures in mind.

Big troubled thoughts come to mind.

For one, the problem with this article is that there is no hard evidence indicating that the author is correct. What is certain however is that there is all of the sudden a big outburst in the media about the climate. Now, even corporations are coming out and declaring that we MUST save the environment. This comes from those that have traditionally been against implementing environmental protection agreements passed by the international community.

So, if this is indeed a chirade, and a big set up I must say, then things are quite dire...cos, its not just the weather that is a changing, but its also the financial climate that could revert back to the wave of depression.

Financial Meltdown

With all the talk about global warming dominating the news, one wonder, why is there know talk about financial meltdown? While we cannot vouch for the source of the information, what matters is not whether we like the people responsible, but this individual message. Overall, Larouche is a bad bad man, but we should still ponder questions related to finances. That said, consider the article:

There is a battle raging among climate scientists, geologists, chemists, and other scientists about the cause for the climate fluctuations which, over hundreds of thousands of years, have determined the shifts between ice ages, warming periods, interglacials, and inter-warming periods. All serious scientists agree that solar cycles, and only to a negligible degree human activity, are responsible for changes in temperature. In the face of this clear contradiction between scientific analysis and a propaganda campaign which has recently been used by the hedge funds, how is it explainable that Chancellor Angela Merkel used the German presidency of the European Union to make the subject of climate the top priority? And that, despite the fact that Merkel is herself a physicist, and therefore surely has the ability to inform herself on the facts of the matter.

The suspicion is that governments not only know that the "man-made climate catastrophe" is a swindle, but that they also know that the system associated with globalization is coming to an end. And because they don't have the courage to admit that their incompetent economic policy is responsible for the current systemic crisis, the climate question serves as a welcome scapegoat. Because if the financial system collapses, then chaos threatens, and in this situation they have several emergency measures in mind.

Big troubled thoughts come to mind.

Commodity Prices

For your list of bookmarks: To view all commodity prices click here.

It is important to check these out in the coming days, weeks and months. If China, and its allies, come out of the woodwork, fluctuations in this domain will be evidence for such.

It is important to remember that this age of globalisms all indicators are important as part of a system of systems. It is not just one indicator indicates catastrophe, but rather, many indicators work together to create a catastrophe.

Consider this, when you began to get in debt, it might not have been obvious that you were slowly sinking into debt. However, while you might have, say, piled all you financial purchases onto one credit scheme, you did not consider that some things would change. These changes are always occuring, and therefore, whenever there is one financial dealing made, it should always be taken in the context of there being a cause and effect relationship beyond the actual transaction.

It is therefore the conclusion of this blog that there is not one but many things to consider. So, when checkin the commodity prices, try to keep in mind the fluxuations of all things. Take a look at your local situation, and the political situation in the world, as well as the actual prices indicated by the market.

The invisible hand might be just that, invisible, but it is not unafected by the visible.

Subprime Psychology

The market often behaves as if it is one collective netity. Nobody would guess that it is the result of collective action on the basis of individuals in the sense that globalization makes everything appear to be unified. However, the way that markets behave are similar to the way that viruses spread. There are contagious effects of certain individual actions.

It is usually the little things that count in big market fluctuations. As you are trying to get out of debt, or remain out of debt, you should be aware of what might rock the subprime house of cards.

Since at least the market rally that started in early 2003, optimistic Pollyanna has ruled the markets, and greed has run rampant. As the markets wait for Fed chairman Ben Bernanke to put on his best Donna Reed mask to bail out the subprime lenders with the Bailey family's honeymoon money, Cassandra and her fear are ruling the day.

A lot of wags have noticed that for the US stock market, bad news is frequently treated as good news. Unemployment is up, or industrial production is down, and stocks rally (due to attendant possibility seen in these reports of upcoming Fed interest-rate cuts). However, when major financial institutions have what are delicately called "liquidity issues" (ie, their loans aren't being paid back - they have no income), that is always bad news. What if the bank defaults, declares bankruptcy? Other banks that it had borrowed money from now won't be getting paid back, they'll lose whatever income stream they were receiving from the first bank. The same with that bank's creditors, and then other banks and so on.

This kind of cascading financial catastrophe is often called a "contagion", and with good reason. Like a virus, it can spread and bankrupt the entire financial system. It almost did in 1998, during the LTCM hedge-fund crisis; in 1929,in an era when the worldwide financial system was far less globalized and integrated than it is today, after the Great Crash it actually did, and so initiated the Great Depression of the 1930s.

Enjoy the whole article. It is insightful and will make you aware of a volatile world that does not exist in the mainstream media.

Iran is a perfect distraction. The Navy is there!

Federal Debt

This article is very telling:

Like many cash-strapped Americans who have maxed-out credit cards, the federal government has hit its limit for borrowing funds to keep operating. If the limit isn't raised, the government likely will run out of borrowing authority within days, risking a shutdown.

Debt is part of the consumer culture it seems. So it is time to get out of the consumer culture to get out of debt. Then you can dabble here and there within your means!

Also consider that

Few lawmakers, though, wish to be on record as authorizing more debt -- the House goes so far as to hike the limit automatically. And Senate Democrats are telling their Republican counterparts not to expect any help from them, particularly in an election year.

Read the article, its important in understanding the debt culture.

Goal Software and Metrics Organization

Managing your debt requires setting achievable goals in your financial situation. Advancements in computer science have brought about both open source and proprietary solutions to manage your goals. These solutions are important in managing metrics. Metrics are important in understanding yourself, and therefore in knowing what your means are.
With goal software:

you can track measurable values using metrics, which allow you to enter numeric values for any measurements you want to track.

Therefore, there do exist solutions, such as the goal software offered by Time Thoughts.

If your means do not allow you to purchase the goal software, then you can still use the principle of goal management using some means that you do have. This appears to be the underlyind fundamental principle surrounding the Time Thoughts organization. They provide services with these principles of helping, and expect satisfying results to those who use their principles. Their software aids with the setting of goals in a sophisticated manner that allows people to get out of debt quicker.

The best way to get out of debt is to understand that computer science has advanced at such a rate that it is now possible for good people to create outstanding organizations to help other humans meet their individual goals. There is a lot of potential in using these principles for debt relief. Technology helps, and if you can afford to have a computer within your means as you are getting out of debt, then by all means, let us help you explore further interactions between technology and debt relief by reading our past and future research on this field.

This is your brain....

Know Thyself

A common theme is the past and the present and the future identity of mind. When you are going through the phase of getting out of debt, you are essentially producing a new form of neural behavior because your decision in is one that requires change from one state of behaving and into another one.

So, from where does the sense of self come from? As declared previously, it is not enough to come to an oracle and try to understand what you can do with your unique financial condition. This is an impossibility.

Therefore, you have to know yourself.

However, the question does arise: How can I know that my senses are not deceiving me into thinking that I know myself. And this is precisely why it is important to continue examining and pondering your CURRENT existence. Neural chemicals can condition your being into knowing ones self that is not exactly "known" because he lives on false conditions. Therefore, the self you know is the self in debt rather than the self in actual financial conditions. This is something that we are currently researching, and will continue to report on.

Understanding how your brain works will be essential to assuring the maintenance of your finances so far. It's gonna be a long year.