Welcome to the Green Garden Earth Newsletter
In this issue:
- Crisis analysis
- Great News for Green Upgrades – the government is investing billions of dollars in sustainable future.
What is Crisis? – a foreword by Leonid Belov to the feature article USeD currency
USeD currency – analytical article by Ivan Historicle
What is crisis?
Looking it up in a dictionary gives us the following:
cri // [krahy-sis] noun,
- a stage in a sequence of events at which the trend of all future events, esp. for better or for worse, is determined; turning point.
- a condition of instability or danger, as in social, economic, political, or international affairs, leading to a decisive change.
- a dramatic emotional or circumstantial upheaval in a person’s life.
- the point in a play or story at which hostile elements are most tensely opposed to each other.
(a) the point in the course of a serious disease at which a decisive change occurs, leading either to recovery or to death.
(b) the change itself.
Origin: 1375-1425; late ME < L < Gk krísis decision, equiv. to kri- var. s. of krfnein to decide, separate, judge + -sis -sis
A crisis is a turning point, a decisive change. Yes indeed: each crisis has a result: either the system collapses, or we are going back to the old ways and expect similar crisis in the future, or we change our ways. The change, however, can also be different: either coming into resonance with the Universe or deviating even further away from it.
For now let's leave out of the discussion the conspiracy behind artificial creation of the economic crisis and go right into the medicinal definition of a crisis: each crisis leads to a recovery or to death. This brings us to a question of how do we recover? Since the crisis is global, and includes not only economic, but environmental aspects, we are really asking
How does the whole society survive and lives harmoniously with the planet Earth?
To understand the scope of this question we need to look at the history of humanity which for the known history has really had only one political structure, which in the XX century got spread to virtually all countries. This is the elite-and-herd governance structure, in which “elite” has all the information and “herd” is controlled by it through various means: mass-media, direct command, forming of particular mindsets, and others.
It is only now, when the information has had a chance to ooze down to the “herd”, when we start to realize this. The humanity keeps on receiving signs that the elite-and-herd governance is no longer possible, and the information is to become free and accessible for all. Only then can people through various self-governance structures create a common vision and coherence among the people on Earth.
Now is the time for a shift from divide-and-conquer principle to the unite-and-prosper principle.
We can’t be thinking deeply enough about how to achieve that before we understand all the tricks and manipulations of the past governments. In the following article the author Ivan Historical will try to uncover the ways of the “elite” and will help to understand better what might their next trick be.
(short version, full version will appear in upcoming issue of the GGE Almanac)
Liquidation Clearance 2010: All Dollars Must Go…
Current financial crisis which originated in United States and spread throughout the world is really a crisis of confidence. Confidence in the practises of banks, accounting rules and the way financial institutions were regulated. However, as seeds of current financial crisis were sown in part during Federal Reserve`s aggressive interest rate cuts in early 2000s current monitory policy of the Fed sows seeds for new crisis – the US dollar crisis.
Current rise of the dollar is not anomaly it is a direct consequence of financial and now economic crisis. After all, hedge, pension and mutual funds are forced to sell equity shares because of frightened investors who redeem their holdings in these funds and because of radical fall in stock market value that triggered margin calls from banks (call on the loans that were given to the funds to buy equities). Moreover, because US economy is still perceived as the strongest and most developed in the world its currency – US dollar – is seen as a safe haven currency to weather economic and financial storm. Finally, complete freeze of world banking system caused physical shortage of dollars since banks stopped lending money and trade on the interbank market that also stimulated demand for dollars.
However, I believe that the spike in dollar value will be short lived and the long term trend will be sharp decline in its value and possible replacement with new currency.
After all, total economic and financial stimulus measures announced by the US Treasury and the Fed sum to an astonishing amount of $8 trillion dollars. If the first $700 billion bailout plan was financed through the issuance of Treasury Bills that were bought by usual US trading partners – China, Japan and Persian Gulf countries – the new $800 billion stimulus package will be financed through outright dollar printing.
Furthermore, US economy will remain weak through 2009 and into the early part of 2010. This is happening at the time when US government must finance its huge budget deficit projected to go into $1 trillion in 2009 and to remain around this number for several years. If before the budget deficit was mainly financed by China and Japan, at some point these countries will stop lending money to United States and US government will print money to cover this budget shortfall.
Finally, falling value of US dollar will trigger spike in commodity prices, which are used as hedge against the falling dollar, in which they are priced, that will exacerbate spike in inflation.
However, the most important factor which will affect demise of the US currency comes from geopolitical side. US dollar is a political or geopolitical currency. Currently, however, the geopolitical situation in the world is changing. European countries are no longer willing to support dollar. Geopolitical power and economic and financial ambitions of China, India and Russia are growing that will eventually lead to the point where US and therefore, its currency, is just one of the major global players and currencies.
Thus, combination of economic and geopolitical factors will lead to high inflation and ever-weakening role of US dollar as world reserve currency.
Meanwhile, where will the dollar crisis lead us? Apparently, the current aggressive monetary measures of the Fed and US government may have an underling theme such as pump as much money in economy as we can now and deal with problems associated with this policy later. My theory is that “deal with problems…u201D; means intention of US government to replace devalued dollar with another currency – amero – and set its rate at new level.
The new currency, however, will not be beneficial neither to Canada nor to Mexico and will benefit only to United States…
Please read the full version of this article in the upcoming issue of the GGE Almanac
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Great News for Green Upgrades
Great news for those interested in energy conservation and protecting the environment!
At the times of financial of environmental crisis the topic of sustainability and independence of the circumstances in the world is becoming more and more popular. And your home’s sustainability can be achieved by installing renewable energy power technology and performing energy efficiency upgrades. Realizing the importance of these projects, the government is investing billions of dollars to help us protect the environment and invest in sustainable future.
Natural Resources Canada’s (NRCan’s) ecoENERGY Retrofit program provides financial support to homeowners, small and medium-sized businesses, public institutions and industrial facilities to help them implement energy saving projects that reduce energy-related greenhouse gases and air pollution, thereby contributing to a cleaner environment for all Canadians.
ecoENERGY Retrofit was launched April 1, 2007 and is scheduled to end March 31, 2011.
ecoENERGY Retrofit for Homes provides home and property owners with grants of up to $5,000 to offset the cost of making energy-efficiency improvements. ecoENERGY Retrofit grants apply to a host of measures that reduce energy consumption and provide for a cleaner environment, from increasing insulation to upgrading a furnace.
If you are interested in energy efficiency upgrade or utilizing solar power for your home or business, you can contact Pro Line Electric Ltd. for advice, more detailed information or a quote.
Office Phone: 705-443-8106
Cell Phone: 705-441-0378
616 Oak St., Collingwood, ON, L9Y 2Z3, Canada.
You can find more information on these and other government incentives here:
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