Cempaka Belanda: Advanced Economies’ ‘Debt Curse’ Will Linger for Decades, Study Says

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Wednesday, May 19, 2010

Advanced Economies’ ‘Debt Curse’ Will Linger for Decades, Study Says

Jakarta Globe, May 19, 2010

The developed world is suffering from a “debt curse,” with the worst case — Japan — expected to take up to 2084 to bring its public debt down to acceptable levels, a study said on Wednesday.

Meanwhile, the International Monetary Fund urged Japan to begin efforts to reduce its public debt from next April, amid growing scrutiny over the country’s fiscal picture. “The need for early and credible fiscal adjustment has become critical in Japan,” IMF senior adviser James Gordon said.

The International Institute for Management Development said in its annual yearbook on world competitiveness: “The largest old industrialized nations — from Japan to the United Kingdom — will all suffer a debt curse, in the worst case lasting until 2084.”

Japan topped the IMD’s new Debt Stress Test, a measure of when countries can bring their debt levels down to a “bearable” level of 60 percent of their gross domestic product.

Italy was next-worst. It is estimated to take to 2060 to bring its debt down to an acceptable level.

Fellow heavily indebted euro-zone countries lined up close behind, with Portugal expected to take up to 2037, Belgium to 2035 and Greece to 2031 to cut their public debt to bearable levels.

Even disciplined Germany would see debt levels remaining above 60 percent until 2028 and France until 2029.

Britain is estimated to carry heavy public debt until 2028 and the United States until 2033.

“What matters is not only the absolute size of public debt, but also the length of time required to absorb it. In the end, debt-stricken nations may suffer severe losses in competitiveness and standards of living,” Stephane Garelli of the IMD’s World Competitiveness Center said.

The origin of creditors and the size of the economies also determine the impact of the debt on the country.

While most of the debt in Japan and Italy are held by domestic institutions, in Greece and Portugal, most is held by foreign institutions.

The capacity of a country to repay also depends on its size. While the United States can count on fiscal revenues on the back of GDP growth to repay, such countries as Greece, Portugal, Spain, Italy and Ireland have significant current-account deficits, the study said.

“In short, countries such as Greece, Portugal and Spain have a credibility problem today not only because they have a debt crisis, but also because they lack the means to adequately repay,” the IMD said. “Other ‘sinners’ have less of a credibility problem: In their case debt is a cost that will limit their competitiveness and the purchasing power of their people.”

The recent debt crisis in Greece snowballed into a European Union crisis.

AFP