The Joseph Principle and Crisis Economics
Carl Teichrib - October 2008
Watching the markets and thinking through the possibilities, two interlocking phrases immediately come to mind: Ordo ab Chaos, and Crisis Equals Opportunity. Ordo ab Chao is a Latin phrase and the motto of the Thirty-Third Degree of Freemasonry. It means, “Order out of Chaos.”
This expression portrays a simple message. Out of the chaos of extreme crisis comes a time when everything is re-made, and order is restored. But you must understand; just because order has been established, it doesn’t mean that the world is the same as it was before the catastrophe. It won’t be; it can’t be.
For those who have lost a home to fire, you know that eventually organization returns to your life. However, you also know that your world has been changed forever; it’s not as it was before that fateful day. Likewise, as our smoldering, global financial house catches flame (in my estimation it’s only in the beginning stages), a new edifice will be introduced after the conflagration is over. But it won’t be the same structure.
Something else must be considered: the house doesn’t have to be utterly razed. At some point during the fire, the house could be closed-up for a short time. Then, while the world waits with abated breath, a new building would be unveiled from behind the smoke. In our desire for safety the world would abandon the old house and flee to the new, safer looking structure.
Is this possible? Remember, Crisis Equals Opportunity, and Order will arise after Chaos.