Swami BAP | 093 | Financial crisis

01/11/2008
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Pruébalo Gratis

Descripción de Swami BAP | 093 | Financial crisis

Give up your preoccupation about your future, because if your present is a mess then your future will be more messy. But when you are aiding others then your present is glorious and your future will be glorious. Material philosophy means now save your money and tomorrow enjoy, save for your vacations, save for your home, save for your car, save save save and don't give, and in this way your life becomes pretty miserable. And nowadays the banks may also become bankrupt, we have already seen that a few times. All of a sudden there is devaluation of the currency and what was yesterday 10 is now worth only 5. This just happened in the United States, strongest country in the world, supposed to be. Everybody in the U.S. over the period of the last six months lost between 35 and 50 percent of their assets. No exaggeration. If they had a million dollars, now they have 500000 Usd or 650000 Usd. If they had debts they lost their houses. In the last 6 months 4 million homes in the U.S. went into foreclosure. The houses went down in value, what was worth 100000 Usd is now worth 50000 Usd, but they owe 80000 Usd to the bank. This means that now you have more debts than the house covers. Nice game of the money changers.