Dealing with the debt crisis in the modern world

What is the world going to do about the debt of many nations? When does there emerge a more widespread awareness that the developed, modern world is facing a debt crisis, a debt problem that is escalating and is threatening to destroy the world economy. The financial crisis in 2008 was caused by artificially created financial instruments that very much had to do with debt. The financial instruments had masked the risk of the debt. In 2008, this was debt primarily incurred by individuals but you saw how the debt incurred by individual human beings had become large enough to create a shock to the international financial system.

Many governments owe far more money than any individual could ever borrow. It is not difficult to envision that there is a potential for the debt of governments to create an even greater shock to the international economy. There are therefore two questions that need to be considered and that are not sufficiently being considered, by not only the decision-makers of the world but especially by the people of the world. The first question is: “How did we ever allow our nation to incur such a large debt?” The second question is:”Now that the debt is there and that many nations have a debt so large that they cannot realistically pay it back, what do we then do with this problem?”

There are many nations who for years have been doing what certain individuals have also been doing, namely, spending more money than they take in, than they make. It is necessary to ask how this is even possible. It is, of course, possible because you have a democratic system that is not functioning at the highest level. The reason why the democratic system cannot function at its highest level is basically that the people in a particular nation are not willing to take responsibility for their nation and their nation’s economy and for their personal lives.

There are certain realities for how the economy of an individual, or a family, or a nation functions. A healthy economy is an economy where you do not have to borrow in order to maintain your normal, daily lifestyle. There may be certain extraordinary circumstances where you need to borrow for the short term in order to weather a certain crisis. There may be certain times where you wish to borrow in order to invest in something, whether this be a house that an individual or a family wants to buy or some other large item, or whether it be something in which a nation wants to invest, such as building infrastructure that will later pay off and therefore is an investment. It should not be necessary in a healthy economy to borrow in order to meet daily expenses or unnecessary consumption. This is neither necessary nor responsible, whether we are talking individuals or nations.

The problem with the welfare state

Basically, the problem here is that we have democracies where policy is not based on reality but on a perception of reality. This was the problem with the 2008 financial crisis. You had an economy that was not based on reality but on a perception of reality. When that perception suddenly shifted, then almost instantly the economy took a dive into a crisis that threatened to destroy the entire system.

There is a higher reality, a higher way to look at life on earth, than what human beings have developed. Their minds have become closed systems so they think they can define reality by their theories and ideologies instead of tuning in to the reality of higher awareness. This, of course, can easily be done by a dictatorship, as you have seen with both Nazism and communism.

What has often been overlooked is that a democracy is also vulnerable to this mechanism. People begin to think that they can live a certain way and that they can get without giving in return. When a population develops this attitude, an attitude which has somewhat been fostered by the development of the modern welfare state, then they will attract politicians who either believe the same or who realize that they can get elected by playing on people’s desire to receive without giving.

The parable of Jesus with the talents illustrates that it is necessary to multiply your talents. When you do multiply the talents, then higher awareness can multiply your efforts, and then everything grows. If a critical mass of people in a democracy are multiplying their talents, then an economy can function, even to the point where you can have a large percentage of the population being recipients of the welfare system. This is a delicate balance, and it can shift for a variety of reasons. When it does shift, it is almost inevitable that the people who are inside this system will not realize that the balance has shifted.

The reason for this is that they have become comfortable in their system, and they do not want to change. They are caught in a trap where the people do not want to change their basic outlook on life. People do not want to multiply their talents more than they are doing. As a result, they will attract politicians who will promise them that they can continue living the way they are doing. Because the people want to believe this, they will vote for these politicians who are promising them a perception that is disconnected from reality.

Once these politicians get elected, they often realize (if they did not before getting elected) that they cannot fulfill their election promises except in one way: They can fulfill their election promises only by borrowing money from outside the nation’s own economy. This then is what sets even a democratic nation, living in peaceful times, on a downward spiral of debt that in previous times was seen only in nations who had been to war.

A false economy

The manipulators have created a false economy and the entire world economy is still functioning as a wartime economy. You have many democratic nations in Europe and elsewhere who have not been in a war, at least not a major war, for some time. What people have not recognized is that these nations have continued to borrow in order to build, sustain or expand the welfare state. This, of course, is not sustainable for one simple reason, and that reason can be summed up with one word: interest.

The manipulators are the ones who have created the concept of interest, and its only purpose is to tie people to the elite, or other purposes on an even wider scale that are less recognized and less understood by people. The fact of the matter is that when you introduce interest, it is possible for a nation (or, for that matter, an individual) to borrow so much money that there comes a point where the debt cannot be paid back because the interest alone is greater than the money that the nation has available for paying back the loan.


One of the big problems in the economy is corruption. Corruption is one of these factors that most people are not willing to truly look at, and it is difficult to look at because it is, of course, hidden by its very nature. There may be instances where everybody knows what is going on and nobody says anything about it because they all know someone who benefits from it or they think the system cannot be changed.

In many cases, no one is willing to really measure what effect corruption has on the economy. Corruption is not a multiplication of the talents. It has the opposite effect; it actually destroys the multiplication factor. It discourages people from doing something extra because they feel they can get nowhere due to the corruption. Or they feel that things become so expensive due to the corruption that there are many types of  businesses or business deals that simply do not pay off.

Should all debt be paid back?

This is, of course, a very big problem in many countries. On the one hand it is understandable that the international community feels that something is wrong in the economy of some countries. Many people feel that the people need to do something – need to take responsibility to pay back the debt, need to create reforms in the economy – so that they can be on the path to eventually paying back the debt. This is not to say that the people are without responsibility and should not make changes.

Higher awareness is in no way discouraging changes in nations where the debt is reaching or have reached dangerous levels. Yet the debt problem is an artificial problem created by the manipulators. It is not something that is sustainable. It is, in fact, not higher justice that the people should pay back the debt to the manipulators and their false economy. 

There is the concept of karma. Most people see this as: You do something that creates a debt for you, a debt to life, a karma. Most people believe this karma can be balanced by paying it back in various ways. Karma is really a teacher, or rather a substitute teacher, and when you have learned the lesson, there is no need for you to suffer in paying back the debt. There are, however, ways whereby the manipulators have taken advantage of the law of karma. This is what can be called karma-dodging, and this can happen when a small elite of manipulators manage to deceive and manipulate the larger population into taking certain actions.

An example is the debt crisis. The manipulators have created a false economy and they gradually manipulate the population of a country to take on this debt. Especially when this is a democratic country, it is clear that the population should have been more aware and should have been more willing to take responsibility. They should have not elected the politicians who escalated the debt into a crisis. Therefore, the people have a certain karmic responsibility for the situation. However, it is also clear that the situation was not created exclusively by the people and it was not created in full knowledge of what was happening.

Part of the responsibility for creating the situation lies with the manipulators, and they have achieved this through deception and manipulation. They are attempting to make the people feel responsible for this and to accept that they should bear the entire karma. On the physical, visible level you can see how the international financial elite wants the people to take on the full responsibility for the national debt and enact and accept whatever measure the international community is demanding in order to pay back the debt over time. This is a delicate balance.

Yes, the people do have some responsibility, but it is not karmicly just that any group of people, any population, takes on the full karma created by a small elite. This is karma dodging where the elite creates the karma and then dodges that it rests on their shoulders by getting the population to unknowingly take on the karma. In reality, the international financial elite who is behind the manipulation of the economy should bear the loss if a nation cannot pay back the loan. They are attempting to get the population to accept that they should pay back the full debt.

Overcoming the karma of debt

Responsibility should be placed where it belongs. The manipulators should be forced to face their responsibility. This can happen only if the people awaken to the reality of the situation. This means that the people must either come to be aware of how they have been manipulated by an elite and demand that this stops, or they must come to an awareness that they are willing to take responsibility for the economy of their nation and not create further debt and not have a national economy based on borrowing. Ideally, both these conditions should be fulfilled. If one or both are not fulfilled, then the effect will be that the people will voluntarily, but without fully understanding what they are doing, take on the karma and the physical debt that really is created by the elite. This means that higher awareness cannot step in and dissolve the karma of the people.

If, on the other hand, the people would wake up and refuse to be manipulated and take responsibility for their nation so they create a sustainable economy, then higher awareness could indeed hold back, consume and transmute much of the karma. At the same time, if the people did awaken and become aware and responsible, then it is not higher justice that they should pay back the debt. You could say that if people borrow from the elite, then they should pay it back. But when this borrowing happens as a result of the manipulation of the elite, then it is not higher justice, it is not karmicly necessary that people pay back the debt.

Even in Biblical times it was recognized that if you allow the lending of money with interest, it will create a snowball effect that will eventually threaten the entire economy. There is only one way out and that is that if you allow the borrowing of money with interest, there will come certain times where you need to write off debt in order to sustain a functioning economy. The world is very quickly approaching a point where the only practical, realistic way out of the debt crisis is to simply nullify much of the debt. You have to write it off in order to avoid a collapse of the system.

Reforming the financial system

This is not the only way out, for it would also be a possibility to reform the entire economic system. Given that people have shown surprisingly little willingness to do this, even though they had the severe warning of the 2008 financial crisis, then this is not the most likely scenario. It is therefore more likely that the debt crisis will continue to escalate, spreading to many nations and therefore the world will be faced with the situation of either we write off the debt and the interest payments of a number of nations or we see a collapse of the entire financial system, including, of course, a collapse of the Euro and much of the financial system in Europe.

Higher awareness has no intent and no desire to see a collapse of the European Union, for it is valuable that the nations of Europe can cooperate in all ways. Yet this cannot happen by bringing the populations of many nations in Europe into a hopeless debt to the international financial elite. If the people will not learn one way, they must learn in another way. It is more realistic that the debt crisis will escalate until people are faced with the necessity of simply writing off the debts and therefore giving the nations an opportunity to start over with no debt.

This is not a long-term solution. Many nations are needing to borrow just to sustain their present lifestyle and level of welfare. Even such a nation had no debt tomorrow, its economy still would not be functioning at a sustainable level. This will still need to be addressed even if the debt is written off. Again, the question is whether the people of Greece, or Italy, or Spain, or Portugal, or other nations are willing to face the reality of what it takes to make a national economy function.

There is, of course, another possibility and that is that the European Union could be made to change so that individual nations could be held afloat by the whole. If you look across the Atlantic, you will see that there are in fact American states where, if they were to have a national economy as an independent nation, they would not be financially viable states. This problem is, to some degree, compensated for by the fact that the United States has a strong federal government, which can therefore in various ways keep the economy of certain states afloat.

It may be necessary, or at least a possibility that Europe could do something similar, but this would, of course, require the creation of a federal government of Europe. At present, there are many nations in Europe who are not ready or willing to even consider this. Yet is it not logical that this would be one potential way forward for Europe and that it would provide the nations of Europe with a unique challenge for how to overcome the conflicts and wars of the past and develop an entirely new spirit of cooperation. There is a need to transcend nation states and this would certainly fit in with some of the visions of higher awareness for how Europe could move forward.

Of course, the manipulators would dearly love to see the development of a more centralized government in Europe because they think that they can be in control of it. Yet this can be counteracted by raising the awarenss of the people.

Not always an ideal solution

When you look at this debt crisis, there is not just one clear-cut solution. There is, in a sense, one solution one could envision but it is not realistic that most people on earth would awaken within a short period of time to be willing to do what it takes to implement that solution. That is why higher awareness looks at what would be the highest solution but also where people are at in consciousness and therefore in most cases the ideal solution is not realistic. Higher awareness therefore looks for other scenarios whereby gradually, and often in indirect ways, people can grow towards an improvement of the situation even though they cannot reach the ideal solution within a short period of time.

This makes it absolutely necessary to avoid the black-and-white thinking and the epic mindset where you think there is only one right way and everything else is wrong. Or you think there is an ideal solution that must be manifest. There is no particular physical outcome that is all-important or the only right one. The purpose of the earth is to raise people’s consciousness, and this can happen in many different ways through many different outer situations and scenarios. Higher awareness does not hold one particular image of how the Age of Higher Awareness should be manifest. The golden age is a process in which people are raising their awareness of how the earth works in a way that they have not been able or willing to do before.

This involves higher wisdom where people look beyond the ideal scenarios, the religious or political ideologies or even the scientific ideologies and then they look at how the matter universe actually works.

From the perspective of higher awareness, earth is a schoolroom, and things are not worse now than they have been at many points in the past. In many ways things are better now because even though you see certain problems on earth, there is an underlying tendency of how in many nations there is the beginning of a breakthrough to a greater awareness.

This is partly caused by the efforts of many aware people from many different groups and philosophies. It is also caused by a general raising of the collective consciousness and the level of education and understanding. It is also caused by the fact that many people have had enough of the old ways and are realizing that new thinking is necessary in order to overcome some of the problems that they see. Higher awareness is always, positive, constructive, focused on the changes that can be brought about.

Life is a beautiful opportunity even on a planet like earth. Yes, you can focus on all the negatives and get yourself into a state of mind of thinking that some crisis is looming but you can just as easily make the choice to focus on the positive and see that whatever crisis may be looming or may be happening, behind it is still an opportunity for the awakening of the people that will bring positive, long-term changes. This is what the more aware people can focus on: the positive long-term changes on earth.