One New York firm thinks it has a cure for the madness on Wall Street: Transcendental meditation.
Here’s its reasoning:
Research shows this experience generates highly coherent brain functioning, increasing creativity and intelligence, while providing deep physiological rest and reducing stress for the individual. When practiced in groups, research shows the calming effect of meditation spreads throughout society, creating coherence and order, while increasing creativity in society as a whole—providing the basis for a stable, growing economy.
I suppose anything is worth a shot at this point.
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Some financial expert suggested the most simplest fix for this housing crisis was to bring back something called a SAM (Shared appreciation mortgage), and there wouldn’t be any need for any bailout.
That’s just an idea floating around, like the hundreds of others from so called “experts”.
I’m optimistic. I think we will get through this mess quickly.
Although the “D” word is floating around. Not Depression, but Deflation.