WORLD HISTORY: G8 SUMMIT - HEILIGENDAMM, GERMANY 6-JUN-07

G8 SUMMIT
6-8-JUN-07, HEILIGENDAMM, GERMANY

MONEY, TRUTH, DECEIT,
AND THE G8

The G8 Summit in Heiligendamm, Germany benefited from two global waves:

A global wave of Irrational Exuberance. The wave was energized by capped interest rates, record stock market highs, and a frenzy of mega merger and acquisition deals.
A global wave of Oblivion to Debt. The global "stream of thought," as measured by MI2, shows clearly that people focused trivial Attention on Debt during the time period from 26-May-07 through 11-Jun-07. During this period, Debt-Attention was ranked last or next to last (17th or 16th) 15 times out of 17 – or about 88.2% of the time. This is most strange considering that the total outstanding debt of the U.S. (financial and nonfinancial sectors included) had ballooned from about 29.3 trillion at yearend 2001 to more than 44.5 trillion at yearend 2006.¹

MI2 also detected several serious problems with the G8 Summit:

People around the world distrusted the G8 on Money matters. Money, in people's minds, became negatively correlated with Truth (BAD) and positively correlated with Deceit (BAD) – on 2-Jun-07, and throughout the G8 Summit from 6-Jun-07 through 8-Jun-07. What was so special about 2-Jun-07? On 2-Jun-07, tens of thousands of Europeans protested/rioted against the G8 Summit and against globalization in Rostock, Germany. It is worth noting that BAD-BAD Money Consonances were also detected during the subprime mortgage meltdown in the U.S., from 3-Mar-07 through 26-Mar-07. During this period, Money became negatively correlated with both Bankers and Capitalism.
People focused top attention on Slavery on 8-Jun-07 (the last day of the G8 Summit).

How People Perceived, Felt About, and Reacted Emotionally to the G8 Summit

Evidence of a Global Wave of Irrational Exuberance CHART

Evidence of Global Oblivion to Debt – Record Low Debt-Attention Levels Starting Around 26-May-07 STREAM OF THOUGHT

Evidence of High Attention Focused on Slavery on 8-Jun-07, the Last Day of the G8 Summit STREAM OF THOUGHT

Evidence of Distrust of the G8 on Money Matters – BAD-BAD Money Consonances on 2-Jun-07 (Anti-G8 Riots) and During the G8 Summit MONEY WATCH CHART

¹ Data derived from "Z.1 Flow of Funds Accounts of the United States," 8-Mar-07. Board of Governors of the Federal Reserve System. [D3. Debt Outstanding by Sector.] http://www.federalreserve.gov/releases/z1/current/z1r-2.pdf.

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