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Crazy Stock Market?

Ignorance is indeed bliss. Here the financial world almost collapsed and I didn't even know until I read about it on Chabad.org. Now that's a lesson right there—all you need to know is right here!

The NASDAQ and other exchanges reversed the trades made because of the erroneous information—a teshuvah (repentance) lesson if there ever was one. We can make mistakes and still reinstate our standing with G‑d; in fact, we can even have past sins completely reversed!

But it was this quote from CNN.com that caught my attention: "The slowed trading occurred at a time that investors were growing increasingly worried about Greece's debt issues and other economic factors."

So had the economy not been on a roller coaster – reeling for the past few years, and then seeming to rebound – investors might have seen this for the computer glitch it apparently was. Instead, spooked traders who thought the rebounding economic news of the last year was a sign that all was right in the world and we'd never regress again, freaked at the sight of trouble.


I believe that there is a strong message here. We all have our less-than-ideal tendencies, and we try to overcome them. With few exceptions, however, we don't truly master ourselves. We fend off our impulses, but that's it.

Tanya, the primary work of Chabad philosophy, opens with a Talmudic quote: "Even if the whole world says to you that you are a tzaddik [cured of the distraction that is posed by anything that is not G‑dly]—consider yourself similar to [i.e., vulnerable as] a rasha [one capable of failure]."

I overeat, I resolve to diet, I resist cupcakes for several days or even months in a row. Am I cured, no longer prone to over-indulgence?

A rocky economy sets a certain tone. Then, a few indicators of recovery offset the loser mentality. We are in the clear; happy days are here again! It's "limit up" every day from here on!

Bad idea.

Tomorrow or next year, my instinct to overeat will assert itself again. If I interpreted my previous successful resistance to mean that I am now immune to temptation, I will see the reappearing impulses as an indicator that I am a failure, forever destined to overeat (so why keep trying?).

This is self-defeating. I must realize from the start that I am never going to fully eradicate my bad tendencies, and so there's no need to panic if temptation reappears. Even if, G‑d forbid, I surrender to it—there is teshuvah, opportunity to regroup and resolve.


We don't solve the market anymore than our inclinations; though we hope to control the direction it takes us. Like dandruff, the market and our character are conditions, we don't seek a cure only get a handle on it. Armed with an appropriate measure of neurosis we are prepared for dips and corrections, we see them for what they are and adjust—rather than "Chicken Little" it to the nearest bridge.

My diet continues.


Reader Comments
Latest Comments:
Posted: May 21, 2011
Messges in stocks fluctiation: divine reflection
The conclusion of the previous posting is that we "man"'s will is going to be supplemented by G-D's will.This can be something to look forward to or something to deeply dread. I depends on how we interpret our words and define our concepts. After all, we may be speaking about different things unless we use language with common meanings. In the current response, is it a good thing if man's will is supplanted by divine will as opposed to man's will being enlightened or come into non-ego based synchrony or syntony. Alternately, there may be an obliteration or consumption or dissipation of man's ego as it is subsumed into G-D. I think these perspectives reflect two differing views of G-D, different enough, in fact, they they can govern religious and secular actions. If G-d Supplements man's does that mean we will feel greater motivation, justice & conviction, and importantly, will we stay in the driver seats during this supplementation, will we be passengers, perhaps co-pilot.
Posted By Greg Freeman, Denver, CO

Posted: May 12, 2010
Lurches in Stocks to be expected
It has escaped mainstream media that we are at the Peak in Oil production curve [See the Joint Operating Environment Report - US Military March 2010 as one reference], and because the way our money system operates we have a titanic clash between an Infinite Growth and Finite resources . Unlike G_d's Money - Gold, or any other tangible un-cheatable token, our money system is FIAT based it is valuable because someone says it is! In reality we have a $700 Trillion derivatives overhead which since we don't have enough money in existence to support that outrage we make the minimum monthly payment on it and hope we can grow our economy to accomadate it. When this comes up against a declining (not running out) energy curve we are in deep trouble. The correction of our greed is coming and although painful will teach us that G_d cannot be cheated and that eventually His reality will supplant Man's as we realize that we cannot keep printing bits of paper and assume that they mean something!
Posted By Peter Dixon, Fetlar, UK


 



By Baruch Epstein   More by this authors...  |   RSS Listing of Newest Articles by this Author
Rabbi Baruch Epstein is a Chabad-Lubavitch emissary to Illinois, and serves as the rabbi of Congregation Bais Menachem. He and his wife Chaya are the proud parents of three daughters.

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