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| Religion and time | 06-JUL-09 |
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| The local priest is happy with the crisis. “People are coming back to churches and the faith is increasing.” The nine-year cycles linked with religion and credit witness increase (decrease) in deposits every nine years linked with the decrease (increase) in the number of people going to church. Bloomberg has repeatedly reported the hedge funds come-to-Jesus partners’ meeting, a time for unpleasant confessions and admittance that “I screwed up”. Religion is an extension of human faith which rides on psychology. This means just like gold, oil and the Dow are connected, so are economics, psychology and religion in the same social chain. The fractal chain which started from our understanding of the Euclidean triangle brings us back to the same question of time. |
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