Storyline: On June 19th if some act in greed, en masse, the global economy will totally tank. What is special about June 19th is that in the financial realm it is known as the quadruple witching hour. The final hour of the stock market trading session on the third Friday of March, June, September, and December, when in addition to the expiration of option contracts and futures contracts, which indicates a triple witching hour, the expiration of single stock futures (SSFs) also occurs.
What is extra special about this June 19th is that by raising the H1N1 Virus to level 6 in an emergency secret meeting today, establishing a global Pandemic status, it triggers the force majeure clauses in contracts. Force majeure or “act of God” is somewhat ironic because if there are acts out of greed then the very system that permitted it will collapse by an act of God. Normally a force majeure clause removes the obligation to honor a contract, due to natural events beyond one’s control. So while in reality the somewhat mild H1N1 (swine flu) virus which is hardly a threat or cause for alarm could be used as a legal excuse to not honor contracts. However the real reason the contracts cannot be honored is not a result of the virus but rather the greed and corruption of those that had been running the system which failed because of imbalance due to greed and corruption. Of course if certain numbers can resist temptation, acting from a holistic perspective, then the system, as a result of collaboration, could be reconstructed without a total failure, or maybe not.
This could really get interesting and I am starting to see that the truth may be making a play to bring certain things to light and triggering a major systems evolution, and in fact a realization is coming that will bring change. It is a bit like a game of chess.
See it does and is happening in reality; check out this Google news search for force majeure.
http://news.google.com/news?pz=1&ned=us&hl=en&q=force+majeure+
At one link we find this good question, what is the answer?
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Economic Force Majeure
Source: Blake, Cassels & Graydon LLP - Does a severe downturn in the economy constitute an event of force majeure? If you can no longer get financing because banks do not have the money to lend, can you claim force majeure because events are beyond your control?
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The answer could be yes and no, depending on the role one is playing and in what context.
Here are some perspectives I proffer.
The Global Accounting System (monetary systems) are a man made creation it is not natural. If the Global Accounting System were based on natural principles we might say it was then beyond our control, however it is not at this time. The Economic System is actually manipulated and some things are contrived by independent agency attempting to produce effect, in other words unnatural cause. We have an economic system where there are some natural market forces at work but it is really dominated by human nature. Of course there are events that influence the system both natural and man made. In this context we might say the answer is “no”.
We also have the economic participants who must in order to live and sustain themselves utilize a system that is beyond their control, it is controlled by others sometimes to the controllers benefit and not that of the economic system participants as a whole. Therefore the inability to obtain financing to allow continued value creation could be considered beyond their control. In this context we might say the answer is “yes”.
One could also open up a can of worms with something I have pointed out long before, man is a part of nature, so any thing man does is an act of nature in a greater context, of course that also means that man is subject to the laws of nature, and if doing something that causes imbalance, threatens life or creates suffering, it will be corrected or if that is no possible destroyed by the natural forces of nature. In other words when an element in nature stops listening to the signals from the rest of the elements in the system it may cause dissonance and disruption in the system and threaten the whole body and therefore for the body to survive, if it cannot be corrected it must be destroyed.
There will be much greater understanding and realizations as one completes the articulation of economics in an easy to understand manner from a scientific and natural perspective and disseminates it. This will highlight the flaws of the current systems design and destroy the illusions that it is based upon that lead to detriment not benefit.
I also note that many in executive management may not intend detriment however when seeking guidance from those with vested interests one is getting distorted or inferior advice which results in detriment to the majority and the system as a whole. Management’s key deliverable is the correct choosing of individuals or entities to play support roles which include the ability for discernment of the truth and reality behind appearances and the ability to detect a compromised agent or those lacking in capacity.
