When Will the Economy Finally Turn Around?
When Will the Economy Finally Turn Around?
Now the sea is overflowing, and the first person to run is the Tunisian Dictator, Zein Al-Abidin Ben Ali, whose dictatorship was abruptly terminated recently by mass protest and rioting. The riot, which was sparked off by a man who set himself ablaze because of unemployment frustrations, snowballed into a forceful eviction of the president whose list of sins Tunisians believed is as long as the his name. Since then, the waves have been sweeping through the North African sub-region - a hitherto stable enclave of dictators. Check out the role call: Algeria, Jordan, Yemen, Lebanon, Egypt, Bahrain, Algeria, Iran, Libya and others.
Egyptian citizens were able to discourage the ailing 82 year old Mubarak from seeking a seventh term in office after over thirty years in office. His administration, it is alleged, have not percolated the dividends of democracy down to the grassroots. Over the last thirty years, those who live below poverty line has grown from 39 percent to 43 percent, yet the country's growth index soared within the period. At last, my people let the pharaoh go.
One thing, though, the riots have been able to break was the link to ethnicity and religion. It shows one basic characteristics - The struggle for power, irrespective of how the warring groups perceive it. While the specter of hunger bares its hollow teeth and propels the people to revolt, the fear of the unknown, of life after power, propels the repressors to hang on. Hence it becomes clear that in the midst of distress, selfishness is the driving force and neither ethnicity nor religion counts. For example, when the 69 year old leader of the Al-nahda party, Rachid Ghannouchi returned to Tunisia from Exile, the airport was full of protesters warning him against turning the struggle into a religious one. Placards carried by some of the protesters read: "No Islam, no theocracy, no Sharia, no stupidity". Al-Nahda was branded an Islamic terror group by the deposed president. Similarly, during the Egyptian riots, the Christians were reported were reportedly protectively surround Egyptian mosques during Muslim prayers to prevent them from being attacked by pro-government forces.
Hence, the demonstrators are united under a common umbrella - starvation and want. And the North African countries are by no means the only ones to face such threats. Since the economic meltdown, Europe has been gasping for breath. From Iceland to Greece, Germany to Ireland - it has been struggle upon struggle against bankruptcy. European countries are tightening the noose against aliens. Britain recently raised the retirement age indefinitely to minimize the amount spent on retirement benefits, which of course, is a temporary palliative. They are tightening the noose on employment to foreigners, as many people are currently leaving Britain. Russian wildfires, has destroyed wheat, in the arid region resulting in the soaring of food prizes in Europe. With floods in parts of Europe and recently Australia, this trend may continue. Yet with all these increasing earthquakes, floods, landslides and volcanoes, the world is recovering from the global economic meltdown. It is either the figures are being manipulated or we are not getting it right. Reports indicate that over 19 trillion Naira has been paid out by insurers over the past ten years the world over on natural disasters. Out of this figure,5.5 trillion was ascribed to 2010 alone, according to Munich Re, an international re-insurance company. And these are the loss that was insured, which is an insignificant part of the total loss.
The question now is, when will the world economy recover? Or put another way, will it recover at all? It During these riots, for example, productive man hours are lost that can never be recovered. And from the way the demonstrations are going on, it may spread to all parts of the world in the long run. With those who live in the recognition of the natural laws as enunciated in the work In The Light Of Truth The Grail Message by Abd-ru shin, it will not come as a surprise. It is so obvious that we are heading towards an unprecedented level of economic catastrophe ever recorded in history. And the riots may well be the catalyst for the main course.
The fire on the mountain is spreading rapidly, and now the sea overflows. Very soon, it will be followed by a Tsunami, resulting from the collapse of economies that has been manipulated to our disadvantage.
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