In these days,weeks and months as a cornucopia of catastrophes, disasters and bad news are upon us, we have ample opportunity to study the human mind at large. How does the human race keep up facing unprecedented adversity on a global scale ?
Truly, there is not a single spot on this earth that is currently spared by the epochal events that have unleashed and keep bearing down on us. Climate change, erratic weather, floods, earthquakes, tsunamis, droughts have left a path of destruction and a scarcity of food. The global financial crisis is leading to monumental debts on both side of the Atlantic, leaving those countries that have been thriving on an ostensibly growing economy, vulnerable. We are learning that growth does not necessarily translate into prosperity and we are facing a reality of high unemployment, depressed home values and state budgets in deep trouble. On the other hand, there have been healthy corporate profits and even a recovery of the financial sector, which led to a sigh of relief by those, confusing the stock-market with the state of the economy. Because companies and banks alike, are either sitting on their cash, or use it to buy back stock or acquisitions to increase their share prices. Needless to say, those are the very corporations and banks that have received billions of bail-out money from taxpayers to rescue them from going under.
Continue reading →
48.237489
16.355674