Spending Our Way Into Recovery

WORLD EVENTS

Mediums: The CR News Reports© is a copyright publication of Channeled Readings®. The following predictions on WORLD EVENTS were channeled on June 1, 2011 directly from our “Higher Intelligence Source” and not from what we, the Mediums may think, reason, guess, analyze or anticipate from probabilities or trends. These predictions are not based in conspiracy theories or come from a doomsayer’s slant. We provide Survival News Predictions to help you overcome any fear of the future you may have and empower you to prepare for what’s coming… If you listen to the mainstream media news, you’d think that the recession and the economic crisis were over and we are in the throes of an economic recovery. With the recovery underway, there’s never been a better time to spend your money. Go out and buy a new car (May auto sales were down); snap up one of those “bargain” properties from the bank (home prices started double-dipping a month ago); take that dream vacation (it may be your last); and send your kid to college (they may not find a job, owe endless student loans, and be forced into military service to pay off those loans). The stock market is rallying (the Dow and S&P had its worst day today since last August). And all this bad news is just in the U.S.

Around the world there is growing unemployment, skyrocketing food prices, a growing real estate crisis, countries unable to pay their sovereign debt requiring more bailouts, and increasing civil unrest is leading to governments being overthrown with the possibility of being replaced by a more corrupt regime or religious fundamentalists with their stone age beliefs. And we’re in a worldwide recovery and progressing as a species?

More spending seems to be the answer to everything. Raise the debt ceiling, increase military spending, spend more on your credit cards, liquidate that IRA to pay for college, invest what you have left in the stock market, drive to the mall in your new car, buy a rental property, and more. Why?…because that’s what we do – we consume things. We’re called consumers.

Like someone who overeats and then feels terrible the next day, countries will keep spending until they burst. Painful austerity measures being forced onto citizens in some countries doesn’t mean those governments have slowed down their spending one bit. Governments are caught in a cycle of spending just like banks are caught in a cycle of reckless speculation after causing the financial crisis in the first place.

Why are world leaders talking about global economic recovery and not global collapse of economies?

We would ask our Higher Intelligence source to bring through their predictions and commentary on this and anything else they see as relevant to World Events at this time.

… Go ahead with your predictions and commentary…

Voice of Higher Intelligence: predictions

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