Cayce and the Economy
MUST READ! Cayce & The Economy
Cayce and the Economy – The following is a from a chapter of the book titled The Great Break-Up by Michael Wells Mandeville titled Cayce and the Economy. It is my favorite chapter because it showcases the remarkable ability of Edgar Cayce to not only forecast business and market cycles but to also provide the best perspective on these events even before they occur. The author succeeds in establishing Cayce as much more than a prophet, someone who could provide an uplifting outlook from a grim prediction. Although Cayce is renown the world over for a wide range of notable prophecies that proved to be accurate, perhaps no single one proved to be more precise and relevant to the times as his readings from 1929 that foretold the stock market crash later that year.
It reports that of 63 predictions regarding general economic conditions, only four proved inaccurate. (I would settle for 93.5% any day of the week). Most relevant to our site is the segment on long cycles of the economy given in pages 181-183. His divinely attuned readings indicated that indeed economic downturns were as natural as the seasons and would occur every 24-25 years and this has proven to be accurate (see the enclosed table in that chapter). Cayce predicted that the cycle commencing in 1929 would be severely harsh and so it was. Interestingly, Cayce said that what was most paramount in reversing the direction of the markets and economy from their depths was the behavior and attitudes of the public at large, not specific economic policy maneuvers. He exhorted people to apply the principles of the God game and create prosperity for the common man while abhorring imperialism, racism, and the greed of the global elites. He referred to this process as the great “leveling”, which included taking care of all human’s needs. The only other downturn year he alluded to was 2007, presumably because it was sure to be notably significant much like the 1930’s. Given our predicament today, perhaps we should take heed of his more intangible notions before seeking broad policy changes.
Evidence suggests that Cayce’s 25 year cycles may be a directly related to our discussion of long wave cycles because they overlay very neatly within the Kondratieff Wave. These mild downturns in between the major Depressions can be thought of as components of the downturn seasons of the longer Kondratieff Wave. The material in the chapter refers specifically to longer waves such as the Kondratieff Wave and points out that they aren’t as accurate over the long term. But as we discussed earlier in our section on the Kondratieff Wave, these overlaps are most likely due to the advances made over the years in technology and life expectancy that have shifted the long waves out a bit further. Therefore, I believe that Cayce’s cycles best account for the overall trend in economic downturns (every 24-25 years) and the Kondratieff Wave best accounts for that one grand downturn- the Kondratieff Winter- that occurs every 54-60 years or so. That Cayce mentions 2007 an no other year is even more compelling.
The purpose of this site was to introduce the possibility that the current downturn we see is “the big one”, so to speak, because of the massive accumulation of debt that has accrued over the entire cycle since the end of the last KW in 1946. To date, many have assumed this cycle would resemble previous mild downturns, but divinely inspired material from Cayce and Kondratieff suggest otherwise. I find it rather interesting that both Cayce and Kondratieff advanced these long wave economic notions at nearly the exact same time-the mid1920’s, a period noted for great advances in the physical and social sciences. (Posted September 29, 2008)