Is the Economy Bad or is it going through a Restructuring?
By: Dr. Lise Janelle
Lately the media have been constantly feeding us stories about the bad state of the world economy. I know that high drama creates more people buying newspapers and listening to the news but if we are not aware of it, it can also help create more of what it is scaring people into believing.
Support and challenge are constantly in balance. This past summer it was consistently in the news that the price of gasoline was going up and up. Now it is the lowest that it has been in years but there is no front page mention of that. Through this ‘bear market’ period, opportunities are being created that were not there before. New values are being developed. I read an article recently about a woman who as a child experienced a fire in the forest near her home. At first she had been extremely upset by it, but during the summer new bushes of blueberries grew that made her quite happy. It is the same thing with the economy. When markets change, at first it feels like a catastrophe, but later on new opportunities manifest themselves that would not have been created otherwise. It is important to keep a longer term vision and free ourselves from the emotions of the moment.
Until recently, we had been going through a fairly steady optimistic period in the economy and as a result people developed certain values. People tend to be more materialistic when they are optimistic about the economy; we spend a lot of time thinking about possessions. There is less gratitude for what we have as we take things more for granted. Children who once would not hesitate to ask for $150 pair of sneakers may now think twice and understand their parents better. People who once thought that their job was safe and secure for the rest of their life may now think about taking the courses and doing the upgrading they meant to be doing for a while, but hadn’t because it was more comfortable not to.
Is the economy really bad or is it simply going through a ‘restructuring?” Are we weaker now or are we taking care of obvious failures in the system that will make a global economy of the future stronger?
Perhaps we are simply developing new values that will help people live more from their heart.
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