Friday, December 21, 2012

The End of the World

From LPL Financial:
December 21 also happens to be the day that another doomsday clock is ticking down to. The Mayans, who spread across Central America from about 2000 B.C. to 900 A.D., used a unique Mesoamerican “long count” calendar that marked time in long cycles lasting 394.3 years called b’ak’tun. A “sun,” or era, may be defined as 13 b’ak’tun cycles. The Mayan creation date was in 3114 B.C., and the 13th b’ak’tun cycle will end on Friday of this week — on December 21, 2012. The Mayan calendar has three “calendar rounds;” these three cycles each turn as time passes. They align with each other in a unique way to begin a new full cycle only rarely, and like a primeval Y2K event, the Mayans believed that the world as we know it will come to an end and will experience a profound transformation. The Mayans may be right about three cycles coming together and transforming into a new era. But we don’t think it takes any mystical knowledge to see the new era transforming in the fiscal, economic, and political cycles that has profound impacts for investors.

The fiscal policy cycle is turning to a new phase, away from the tremendous stimulus and spending of the past five years to austerity and cuts. The decision on the fiscal cliff will set in motion the path for addressing the country’s long-term fiscal solvency. The structure and depth of this new multiyear phase of fiscal policy will soon be decided. This change in fiscal policy after years of helping to boost. (Read more.)
Interesting. I do not know quite what to think, having read various contradictory opinions.

HERE are my posts on 2012 based on a book by a Belgian Jesuit. To quote:
Fr. Thibaut says that 2012 signifies the end of an era in the history of the Church, recalling how other eras have come and gone. The destruction of Jerusalem in A.D. 70 marked the close of an era, as did the fall of Rome in the fifth century. The fifteenth century saw the end of medieval Christianity with the Reformation. (p.22) The Revolutions of the eighteenth and nineteenth centuries as well as the World Wars of the twentieth century were events which manifested the judgment of God as well as signaling changes for the Church and the world. (pp. 88, 92, 96)Throughout such stages, the Church has been guided by the successors of St. Peter. (p. 22) (Read more.)

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