Is there a collective unconciousness for the entire world?

Is there a collective consciousness for the entire world?

fiction
Edward w Pritchard

The London stock markets open in a few minutes after a tough couple of days on Wall Street Thursday and Friday last and a bad day in Asia so far this Morning. The boys at the JP Morgan desks around the world need to cook up a consensus to stir into the US stock market open at 9:30 AM later this morning on Wall Street.

Here where I live the weather guys have predicted 8 below zero mid day tomorrow, that is Monday January 27th, 2014. Right now it is mid 30's degrees with strong winds aloft at 2:30 am. Will my local weather forecast be correct for tomorrow? Will my day Monday be dictated by below zero weather conditions when I feed the horses tomorrow mid afternoon? The weather guys look like they could be wrong in tomorrows forecast. I hope real weather here tomorrow is 30F rather than -8F mid afternoon Monday Jan 27. It would make my day much better for tomorrow.

Is there a collective unconscious for the entire world? How can an economic consensus be established by a few hundred traders at desks around the world, across different time zones, competing political systems, and by irrational local interests? Is there an economic stew that can be stirred to produce a stable hearty product for everyone everywhere in the entire world?

Have faith. The Fed meets Tuesday and they will taper less or maybe more again, or some other secret mantra will be leaked that will dictate the direction of interest rates, aggregate commodity usage worldwide and industrial capacity across the globe. Hopefully steady economic growth will result benefiting us all.

The economists and bureaucrats wish to influence events to achieve modest sustainable growth worldwide. Distribution problems resulting in inequalities can be worked out later.

Is there a collective economic consciousness for the entire world? Is it like predicting tomorrows weather to predict where the stock and bond futures will drift tomorrow? Or is the direction of markets irrational and beyond human control or understanding?

In a few minutes the London stock markets will open and a consensus will form that establishes DJI futures for the Wall Street open tomorrow. It's usually quite accurate at predicting how tomorrow's wall street trading will unfold.

As for me and feeding the horses tomorrow when I get out of bed about 7:30 AM Monday I will check the weather locally outside and determine how to go about my day. By then Sunday's weather forecast for Monday will be moot. Meanwhile winds aloft are howling, it's 3:20 am and I want to finish this writing and check the London stock market open to see how the rest of the year will go for me.