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Economic Crises

You may not have a lot of background in economic theory, but it doesn’t take a financial Einstein to see the worldwide economy is in a mess. Realistically, how could it not be? Isn’t it amazing how many factors coming together in this time seem to be driving us toward the 2012 prophecies?

Financial Trends

The U.S. dollar value is at an all-time low. The U.S. trade deficit, the gap between U.S. imports and exports, is $600 billion. That’s nothing compared to the national deficit. As of March 2008, the deficit stands at $9,371,626,066,337.15 (keep the change). Each United States citizen shares the national debt, which amounts to $30,871.57 per person. Unfortunately, we are still in a downward trend. Since September 29, 2006, the debt has increased at the rate of $1.65 billion per day.

Celestial Connection

President Bush announced in February 2008 that with his new economic plan the United States will have a budget surplus by 2012. This is one of the 2012 predictions we’re putting in the category of bad science!

We hear the word billion these days without really being able to visualize what the numbers mean. Let’s consider some examples. A billion seconds ago, it was 1960. A billion minutes ago, Jesus was alive, and a billion hours ago we lived in the Stone Age. As far as government expenditure is concerned, a billion dollars ago was only eight hours and twenty minutes in Washington. When such a major world currency as the U.S. dollar is in this kind of trouble, it’s not hard to see the final pieces coming together for the dreaded condition called “World Recession.” A look at the volatile New York, London, and Japanese stock markets shows how true this is. And if there’s any doubt left, the worldwide credit crunch seals the deal.

Does the trend just keep going down? Is there a bottom? Business cycles are normal in a world of inexact balances between supply and demand. Is this a normal cycle or have we broken the rules and moved into a new arena? Are there financial forecasts for 2012?

Market Models

Market models allow economists to analyze market factors and predict trends in the economy. One market model is called the Elliott Wave theory, developed by Ralph Nelson Elliott in the late 1920s. He noticed that stock markets did not behave in a chaotic manner as was believed. He noticed trading followed repetitive cycles based on the emotions of investors. It was thought investors made their decisions based on logic. Contrary to belief, emotions of investors were often based on intangibles. Market emotions were not necessarily influenced by actual events, like a good strategic move by a company, but were influenced by mass expectation. This is the type of self-fulfilling prophecy we talked about in Chapter 13 that causes runs on banks, fulfilling the fear that the bank isn’t solvent.

Elliott stated that the upward and downward swings of “mass psychology” always showed up in the same repetitive patterns. The patterns themselves could be further divided into patterns he termed “waves.” The Elliott wave pattern allows current market analysts to predict cycles. Today we know that Elliott had stumbled onto the theory of fractal mathematics as expressed in economics—the same fractal mathematics the Maya found in the cycles of time.

The Elliott Wave system predicts that between the years 2012 and 2015 there will be a sharp burst in the economic bubble in response to credit implosion and the lack of credit reserve. In other words, there will be an economic meltdown. The good news? The years 2017-2033 will herald a new era called “The Great Global Re-Balancing.”

def•i•ni•tion

A fractal is a rough or fragmented geometric shape that can be subdivided into parts, each of which is a smaller copy of the whole. The leaf of a fern is an example of a fractal.

Codex Cues

You can learn more about the Elliott Wave theory at www.elliottwavetechnology.com.

Here’s an amazing synchronicity: the first katun of the New Age starts on 2013 and runs to 2033. If you remember from Chapter 9, the first