Yoga is about seeking truth... about stilling the illusive aspects of mind to see clearly what is. In this video, Meredith Whitney describes what is going on in the economy and let's us see a picture of the next 6-12 months. From all I have been reading, this is an accurate appraisal. Municipal and State governments are cutting back and housing prices continue to be under significant downward pressure.
Additionally, the effects of the Financial Regulations now being put together in Congress will slow the velocity of money, slow down the mania that led to the financial crisis, and be a short term negative for the poor and middle-class. Again, those who can ill-afford it will be making large sacrifices to put the financial system back into shape.
With this pessimistic outlook I have re-shaped all of my finances. It's time.
Specifically for the Yoga teachers and businesses, be ready to mark down your fees, hope your resources will hold out and be ready to re-negotiate rent and lease agreements. It's time.
Of course, nothing of long term value is at stake here. It is our spiritual practice that will sustain us all. I am studying Vivekachudamani and the Bhagavad Gita this summer. Really looking forward to a new teacher and some time in silence.