Author Deepak Chopra told Erin Burnett the economy–and the country–may be in crisis, but the basics of America have not changed. "This is the cradle of innovation...our ability to produce and innovate hasn't changed. This is a psychological crisis."
Chopra described the origins of the crisis as a "false economy" that convinced Americans to make a series of bad choices. "What happened is, we created a false economy by creating these derivatives–which were not based on value, or service, or product–and we kind of bamboozled the country into spending money that they hadn't earned to buy things that they didn't need to impress people that they didn't like. And now we have a crisis."
But even for Americans who've struggled to find work–or who've been working harder but making less–Chopra says there is benefit to thinking about opportunity in these challenging times. His first suggestion is to ask questions, particularly whether there's something out there you haven't considered yet. "Is there an opportunity for me in this crisis? Ask the question even if you don't have the answer."
And, Chopra says, this is a time to reach out and reconnect. "This is the time to cultivate relationships."
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Who is Deepak Chopra? I have heard his name so many too many times but I have never heard any of his ideas nor his ideologies nor his divination. Are they revolutionary, radical, or mediocre and pleasant.
I know the mirages of Dr Phil, Dr Laura, Rush Limbaugh and Sarh Plain and even Carl Jung and Freud. But, who is Chopra? Why is he mentioned so frequently?
A very optimistic outlook, but I still question how realistic.
Depack: "And my $900 eyeglasses help me look like I know what I'm talking about–thanks for making me rich, suckkkass."
More empty words from the man who offers Bhuddha to America by stealth – behind the mask of psychological jargon. Of course its psychological for you Deepak. According to your way of thinking all the world is an illusion of the mind.
Good insights as usual, Deepak.
A false economy was indeed created through the Wall Street derivatives.
An additional false economy has been created through the notion that minimum wage earners, and people who have not made an effort to assimilate into this culture should somehow automatically, immediately assume positions of wealth and leadership. The businesses that buy into it are also likely to produce shoddy products.
Those won't be sustainable businesses in the long run because of the weak business models. Wealth and leadership aren't sustainable by people who don't have the necessary skill sets.
So this whole, "I can get it and I don't care whether or not I can keep it," mentality will also be short-lived, politicians and mortgage lenders aside.
The sooner all these problems are shaken out of our American system, the better.
Erin,
Thank You for The Interview with Deepak. Your Style of Interviewing
Brings Out The Interesting & Amazing Side
Of Everyone You Interview.
Kudo'sTo You
Miss Erin Burnett
As You are The Best.
From The Hollwood Reporter 2 OutFront, Bottom Linee
We Miss U.....8-)
And let's not forget reaching out and reconnecting to our populace with a racist prison and judicial system that favors the wealthy and persecutes the poor to such an extent that we have more people in prison than any other dictatorship on the planet. Yes we sure have been bamboozled into spending money...to drop bombs that killed millions in Vietnam and even more billions of dollars to drop depleted uranium on Iraq which will allow us to cultivate to the end of time a relationship with the genetically deformed children born to the people "we don't like" because there is far more profit for a few as long as the rest of us continue to be divided by leaders who live in opulence while encouraging us to follow their holy policies of hatred incarnate.
Deepak says we built a false economy where there was no value in the derivatives. Ye's right in that the problemis one of a lack of values. But it extends way beyond the non-values of the derivatives. Those in the entertainment buisness do not produce value to the tune of millions and millions of dollars. (Sports people, pop musicians, actors, etc.) They do not produce something of value when they are paid millions just to endorse a product. CEOs do not provide values worth millions and millions of dollars. An executive, being fired, does not produce vallue as he/she is given a golden parachute. Financeers are not building value yet they are given bonuses not for performance but because they want one. As a society we have lost the value of values everywhere. That is where it is broken.
I don't think so! We may have a psychological crisis if this is not corrected. This is a moral/spiritual crisis, it has been brought about by greed, selfishness, corruption, immorality, and lack of vision etc. It will only turn around when people start doing what is right instead of what profits them or is comfortable. I firmly believe there is enough money and resources in this world to keep everyone fed and safe. It is the greed of the few the oppression of those that have cast off restraint/ morality/compassion that makes people poor and miserable. What if people charged a fair price for goods and services instead of what they could squeeze out of people. In any case the politicians have hemmed us into the financial crisis in america. They sold their vote and our rights to the highest bidder this has been a long time coming and will be terrible for some time as I don't see them coming clean, repenting and making up for what they have done. They love the power and money too much. Deepak sure sounds good he tells you some nice sounding stuff but I think it is a rabbit trail a red herring from the real fix. T.M. and wanting or chanting things to be good will not make them good. It may be a wonderful out look though, it may help us feel nice. It will not save us from this crisis or ourselves. I wish we truly had a news arena that would start doing some real reporting instead of interviewing a mystic for financial answers.
I think Mr. Chopra makes a lot of sense and if you don't think this is a psychological issue just look at the behavior of Congress and some of the Senators – look at the insatiable greed of the investors, oil companies, banks, pharmaceuticals and tell me these people are of sound mind, I think they are all spiritually, morally and ethically bankrupt and they have almost bankrupted our County
Sadly, most of these comments come from people with rigid views and closed minds. What drives this economy? Consumer confidence that results in consumer spending. Like it or not, that's psychological – and that is all that Chopra is saying.
The dictionary entry for "charlatan" should include this buffoon.
Ohhh Deepak...you think since you can charm a snake out of basket and charm dollars out of people's wallets with your quasi-pseudo-Eastern theophilosophy-mysticism, that you should be consulted on economic affairs? I find you a fake.
But you, on the other hand, Erin, you with those bles eyes could sell me rain boots in the dessert and I'd buy without hesitation.
Chopra says things Americans don't want to hear so they get angry. Boo-hoo! "Spending money we didn't earn to buy things we don't need to impress people we don't like" very well describes the years prior to the 2008 crash and the consumerism which continues to drive our economy.
CNN OUTFRONY is OUTNUMBered by FOX in Ratings.
Well if you feel that way, why are you on this site?
I am amazed how stupid AMERICANS are!
Deepocket Chopra at least is an honest man. He asks "is there an opportunity for me in this crisis?"
Actually, if you read a little more closely you can gather that he's referring to overspending. "...we kind of bamboozled the country into spending money that they hadn't earned to buy things that they didn't need to impress people that they didn't like." When you spend more than you have you will be in debt. It's just that simple.
What to do in a bad economy: (1) say completely inane things in a charming accent, (2) collect money from idiots.
Chopra has not expertise on the economy. He's just a celebrity guru. A sad one at that.
I think the comments would be more meaningful if he defined the "we" who bamboozled the country and what is to keep them from doing it again.
Like most people who work they don't understand the crisis. This country is a consumer-based economy. When people stop shopping and buying stuff they don't need, the economy comes to a grinding halt. No shopping, no buying, no jobs, no money to shop - a viscious cycle.
How has this swindler been on the CNN homepage for five days? And with this rambling psychological economy mumbo-jumbo to boot?
Come on CNN, you used to be an actual news outlet.
Fuel. That's the bottom line. Its just like "Larry" commented earlier. Without lower fuel cost the economy will never recover. Neither Romney nor Obama as president can "fix" the economy or get people back to work until fuel cost are managed. Companies will stay tight and try to keep cost down (which means not hiring) as long as the cost to operate and move product remains an excessive cost. Plus, consumers can't "spend, spend, spend" like they did before when the cost of goods and services continues to increase faster than wages.
Chopra makes millions writing ridiculous books that give his readers a false sense of spiritual enlightenment. THen he buys silly looking glasses and books speaking engagements on national television. Just a modern day snake oil salesman. A lot of babble, no depth or substance.
Pseudo-mystical bs for the masses. They'll lap it up in his new book, no doubt. This guy is laughing all the way to the bank at how easy it is to bamboozle the gullible peasants.
I used to think Chopra was a vacuous peddler of woo, but now I still think he is.
haha.... Listen up folks, Don't think he is the one who teaches spirituality/mediation from East. Day by day Deepak chopra is deteriorating in his speech. I would rather Listen to Jack canfield, Wayne dyer and for mediation BrahmaKumari who teaches Rajyoga. but stay away from Deepak Chopra, please. he is a hypocrite, he doesn't know what he is talking about. He is making fool out of himself
Who is this guy and why do we care what he says again? Isn't he Michael Jackson's life coach or something? Did a bang up job with that guy, Deepak. You should go back to selling squishies at the 7-11...oh, was that racist? : P
Jamie, Are those unemployment benefits making you make such irrational comments? You don't like Deepak Chopra fine, but making the 7-11 comments shows how shallow you are. As for racist, not a surprise coming from someone who lives in AZ.
DERIVATIVES have been misunderstood since the genius mind who created them. If we had a government with some stones, maybe we could tax them and take care of some Americans who need the help or some struggling programs.
Let's face it the last time California had monetary woes DERIVATIVES were a major part of the PROBLEM.
Agreed. This dude IS an opportunist and dials in to the naive, uneducated culture in our society. This guy is as full of s**t as Oprah's little clatch (Dr. Oz, Dr. Phil, etc.)
Chopra tells the truth but people are not ready to listen.
Unfortunately, it is NOT a psychological crisis. The problem is simple: the cost of fuel is bankrupting the average American, while Congress and the President blame each other and Wall Street – along with the oil companies – laugh all the way to the bank. We're easily paying a 40% premium on fuel simply because Wall Street and the oil companies have found they can ROB the American public, then make "campaign contributions" to Congress and the President, and get away with it.
DO a little research before you pop off. The US consumer pays the lowest prices for unleaded gas of ALL OECD countries (including places like Canada and Mexico, which export excess oil). Gas prices are the responsibility of unfettered markets, nothing more and nothing less. If you want to blame something, blame capitalism for the prices. I know, it's not as emotionally satisfying as knocking around one's favorite scapegoat, but then again when did emotion have anything to do with fact?
You have no clue. Energy prices are not the problem. There are a number of factors included misguided government policies and wall street greed, but energy is still relatively cheap.
Sorry Larry,
Derivatives have been screwing up our country since the laat time I remember 60 minutes talking about them and that was in the 80s and 90s. Why are people so dumb to think that derivatives can be any good. The only way derivatives can be and good is if the government can tax them a percentage. If we can tax them a bunch of programs can stay in place.
Incorrect. The cost of fuel (if you include taxes) is far higher elsewhere. Subsidies and taxes account for differences in the price of gasoline worldwide. You probably haven't noticed, but natural gas prices are way down and coal prices are down also compared to 5 years ago. Gasoline and diesel aren't the only fuels we use.
Larry,
If only fuel prices were the problem. They are high, but an extra $30 a week is not bankrupting people. It is the lack of wages. Greed among those running America's large corporations and small businesses. They are using this time as an excuse to feather their own nests. I see it every day. They are gathering record profits while not increasing wages, highering new workers, and eliminating jobs. People are so greatful to have work, they are blind to what is happening.
this man is telling you to innovate, and you are such a FOOL – that you cannot even wrap your small mind around it.
Where there's a will, there's a Chopra!
LoL at all the comments , well guys step up to the late and lets hear your view on things in the current economic situation.
i liked the interview, what Deepak says is the simple truth, nothing complicated about it and that's how i like it.
The goal of this guy to sell his latest book....He knows that Americans are too vulnerable right now because of economy...so he is packaged his hollow "mantra" to fix economy. By giving him air time, CNN is is not only helping him sell his idiotic book with no substance at free advertising cost to him, they are bringing standard of their network to a low level. It is amazing that CNN would waste their air time to promote somebody who has been selling "snake oil" for so long.
The woman looks like a mannequin. The white, non-Hispanic, and spirituality is an oxymoron. They have no souls.
An solution does not have to be complex to be true. I'd rather look for the opportunity in the crisis than critize someone else for being optimistic and encouraging. Something tells me the previous posters are probably sitting around blaming everyone else for their problems. So far I haven't heard the brilliant intellectuals we have for elected officials come up with anything better.
Jesus, the hate is strong with some of these posters.
The dictionary definition of "charlatan" should include this buffoon as an example.
True dat! This bufoon should go back to voicing the character of King Julien from Madagascar.
Actually DePak, this is a crisis of corporate tax law. Fool.
Why on Earth is CNN listening to economic advice from some new age quack?
I think he is right. People here took every thing for granted and were enjoying what they didn't deserve. Now is the time to mend your ways and be creative .
Chopra is completely wrong.
Americans want their own reality that is not based on facts. The middle class believed that it had a RIGHT to be upper middle class without the benefit of an upper middle class income. The middle classe became arrogant, ignorant and greedy in believing that their children should have a $75,000 a year college education, that they deserved a $750,000 home, two status automobiles and a country club membership.
Government did not create this...the American people did. Oh yes, the politicians of both parties were the facilitators and enablers but make no mistake...We are the problem.
I could get more depth of knowledge listening to my pet crab CNN is suppose to be a knowledgeable Network this just shoots the credibility down
Chopra is right about one thing. This is a good time to reach out and organize. We need to organize to turn our economic and social system into a system that is civilized, a system that is supportive of all humans, a system where human life and happiness is more important than profit, as system which is sustainable long-term. This does, indeed, require organizing and making contacts.
Good grief! A snake oil salesman would be more credible.
This guy's comments are as hokey as those glasses he is wearing ... does CNN (or FoxNews or MSNBC or [etc] for that matter) really think these morons they put on the air add anything to the discussion? Bread and circus, bread and circus ...
This man cannot say anything real. He is compromised by the world. Tries pretending he is a deep thinking when in fact he can't think at all. So, full of it. It is embarrassing to see him lately. He looks sick. I suppose he is going to hide his illness because he has saying he knows so much about healing the human body. Now he is backed in the corner: Physician, heal thyself.
Yeah! This guy is an idiot when it comes to the area he claims expertise so why would he know what the hell he's talking about on economics?
Keep it simple is the key – people make thing complex for no reason .. I like who tell simple thing and I love who becomes famous/rich just by being simple .. – but that does not mean not working for your goal .. work for them in a simple way .. it should not be complex to be successful or to be recognized .. don't we all want simple ways / simple people to succeed in life
The goal of this guy to sell his latest book....This fraud knows that Americans are too vulnerable right now because of economy...so he is packaging his hollow "mantra" to fix economy. By giving him air-time, this CNN person is foolishly helping him sell his books. I am amazed CNN would waste their air time to promote somebody who has been selling snake oil from the time Opera Winfrey got sucked into his charm!!
Of course! Why didn't I think of that!? My underwater mortgage and my foreclosing bank are only psychological! My job is only psychological! That's good because I didn't think I even had one! No doubt the national multi-trillion dollar debt is only psychological, too...and...and...the price of gas...that's only psychological....I feel...so...much....better...now.....
The rich are richer than they have ever been and the poor are poorer than they have ever been. System working perfectly. Best government money can buy.
Psychological? That's kind of what I would expect from a Hindu theologian who believes the world is an illusion. Why don't you take your message back to India? It didn't work there either!
First off, I would like to know how Chopra can give advice on curing the economy? I mean why did someone even ask him that? The guy is no expert on the economy. Why ask them these questions and put them on the spot? What he said is a very generic advice but good nevertheless.
It I simple yet – truth is always simple. Empathy holds society together like gluons hold the positive protons together in a nucleus.
"Time to cultivate friendships?" When would Deep Pockets ever say it was NOT a time do cultivate friendships? This charlatan doesn't even create new BS; he just recycles the same BS over and over. This, from the fraud who once said "All you have to do to live to be 200 is THINK it into reality. Literally!! He's looking pretty gray for one who's s'posed to make it to 200!
The emperor is naked! (...and my name is an anagram.)
Does CNN think Chopra's drivel is deeply insightful because he sounds like a Hindu mystic? If the same words were uttered by a middle-aged Nebraskan (I'm not picking on Nebraska - I'm just suggesting "middle America"), no one would pay any attention.
Chopra – suggest you go to your cave and contemplate your navel
Sorry, Deepak, but I think you should go back to interviewing Michael Jackson and leave the economy to the big boys.
This guru needs to get his head out of oprahs ass. If life was as polyana pie in the sky beautiful as this bozo claims, most people wouldn't be living in pain and poverty. He curry breath why don't you catch the next smelly indian slow boat to Bangladesh or wherever the hell you are from
These Indians sure know how to sell snake oil..
I don't think it is a psychological crisis since, I myself am suffering from the loss of a real job and am feeling the crunch. What I do agree with him on is the cause of this crisis; and it was people spending money they didn't have on things they didn't need to impress people they don't like. Right now if you are rich, you are rich, and if you don't you don't.
The dictionary definition of "charlatan" should be changed to reference this buffoon.
Why does anyone humor this man? You keep interviewing him as though he had something to say. He does not.
Why in the Hell do you humor this idiot by interviewing him as though he had anything to say?
Wait, I take it back. His glasses are the punch line.
This guy must have the best agent ever. I've never heard him convey a concrete idea yet, even once, but he's still asked (and paid!) to spew his gibberish on a litany of topics. The man is a joke, and the fact that he's taken seriously by supposedly reputable news media (I'm looking at you, CNN) is the punch line.
Everyone should take this advice...as much as they take the advice of a fortune cookie.
The only thing I find more sad then the garbage that flows from the mouth of this "guru" is that people actually buy into it. Riddled with more logical fallacies than a Bill Maher stand up routine, this man has played pipe of new age confusion and masses have followed him.
I am dumber for having listened to him speak his new age incantations over the uninformed masses.
May God have mercy on his soul.
Pychological Crisis – get real. Outsourcing to China and India by the millions has created a crisis for which there are no easy
answers.This is and always has been about greed (aka easy money) and it amazes me how the government hasn't taken the necessary steps to prevent these daily acts of treason.
Suggestion to Chopra – shut the h... up. You're a fool
Fact of the matter is that most western countries are driven by derivatives(financial products)and the most finance wizards grow rich while the true producers are held in bondage.thats the crux of the matter-how to create true value!
So when does Mr. Chopra begin doing brain surgery. He is just as qualified for that as he is to expound about economics and finance.
A false prophet blames it all on us being duped by a "false economy." That's quite comforting- and utterly simplistic. But then again, his simplistic, airy pronouncements are what makes simpletons give him money.
Economic musings from Deepak Chopra? ARE YOU SERIOUS?
Oh, CNN... how far ye have fallen.
This article in conclusive evidence that the media is completely desperate to find some kind of "news".
Did he mention quantum reality? I could barely listen to more than 20 seconds.
Know times are hard for many.... but one company is helping the economy in the U.S. A. The LIMU Company is breaking all kinds of records and helping people change the quallity of life... It is great to know such a young company is debt free, on the move, an passing it forward helping many charities!
Never heard of LIMU.... has 83% brown sea weed. Something many are suggesting we need to add to our diet! Know my quality of life has been so much better an looking forward to a future, now! So glad someone cared enough to share information about LIMU and I have a life with my family I never thought possible! Will be glad to help others as I have been given life with my family.... an feel really blessed!
Deepak is faker than Romney, Santoram, Gingrish, and Paul combined. And should all self-execute themselves.
I don't think Chopra is the man to go to on the economy. Personally I think were headed for another recession or possibly a depression. They put the same people who never saw the collapse coming and who contributed to the problems that lead to the collapse in charge of fixing it. Nearly no one in Washington has the gusto to do anything to fix the problems that needs to be fixed. The pass bills that may do something 10 to 30 year out because they know more than likely they will be long gone and wont have to deal with the repercussions. Personally I think they are doing everything they can to hold the economy together until after the elections so they will have another 4 years to sit around and do nothing more than argue about it.
Deepak Chopra on fixing the economy? Give me a break.
What an idiot. Deepak Chopra suggests navel gazing to the parent who is struggling with two part time jobs to feed a family.
"If everyone was like me; a pontificating, whack-job spouting new-agey BS, then everyone would be fine! And they'd feel really good about themselves".
Deepak Chopra is a moron.
Why does this clown get a say in anything? Crooks like these swindling people out of their money is whats wrong with U.S. economy. Clowns like these who produce nothing of value besides the art of deception by selling hollow spirituality with which he has bought himself a nice apartment in Manhattan. I want to puke on his face.
There is a lot of wisdom in simplicity
Why does anyone, and especially CNN it seems, keep interviewing this New Age quack? And about fixing the economy at that? Since when did speaking about spirituality and alternative medicine make you a qualified expert to babble on a "news" channel about how to fix the economy?
This station is truly scraping the bottom of the barrel for stories.
He's not a fraud. But I'd rather read an interview from anyone else on the topic. He had no compassion for others who helped him become famous. He's tiresome.
Is there an opportunity for me not to be robbed by the federal government to pay for Obama campaign kickbacks such as the Solyndra Corporation? Oh, no. Obama needs to buy votes and he needs my money to pay for them. Didn't hear Deepaks "deep" philosophical solution to this problem.
Gandhi was insistent that his supporters' opposition to the British rule must be peaceful. One such demonstration got out of hand; "but don't worry Gandhi gi, only one soldier got killed". To which Gandhi replied: " well go tell that to the family of that soldier". When I hear about all these "opportunities" you are alluding to, I'd say well go tell that to my neighbor who has been out of work for the last three years!
Why ask Deepak Chopra anything at all? Who's next, Sylvia Browne?
Why ask Deepak Chopra anything at all? Who's next, Sylvia Browne?
i am amazed that people continue to listen to this quack and not see through him after listening to him for like two seconds.
Why does anybody listen to this fraud, his comments and advice are so childishly simple my granddaughter could give better responses.
He makes money because people who have no ability to think pay attention. If you want better advice than this fraud the consult a fortune cookie.
your an idiot
Keith, because then you'd spend the rest of your life "in bed".. you've heard about adding "in bed" to the end of every fortune cookie saying, right? Is your granddaughter highly accomplished in education, and a very successful career woman? Chopra is a trained medical doctor, and is highly intellectual. I think we were all over Hillary when she said "it takes a village to raise a child". Chopra comes from India, where it does actually take a village to raise a child. People there care about each other, and look out for each other.. They succeed as a community.. Look at the Patels in this country. Most of them own motels. They get prosperous, and provide loans for the new immigrants "Patels only". They care about their people, and do well as a group.
Exactly. This guy does not say anything profound. He is so full of it like all the fake 'positive thinkers' who think they got the answers to life. It is truly sad that this guy who has no spiritual insightfulness is thought to be a great thinker. He is useless.
Keith, I agree with you. Many years ago, friends and family highly recommended Chopra's stuff. I was impressed, he is a medical doctor, very well versed in eastern culture and makes a convincing agrument. Then I realized that this guy is basically a fraud. There is no real substance. He just repeats what the Indian sadoos and priests have been preaching for thousands of years. How is this semi religious zealot going to fix the American economy?
So quick to call someone a fraud! Just because you can't understand his teachings does not make him a fraud. I guest you think there's some complicated explanation for what happened on Wall Street. Greed is not a complicated thing and that's what it was.
First he tell you to draw a cake. Then think that cake is real. Then think you ear it. Then think you are full. That still leaves you with an empty stomach. Be real Chopra.
When you see the world through diamond studded glasses, I just guess all things are possible
(read with sarcasm dial set to 10)
So true.
well said!!
Fraud is an understatement .....thismanis everything that's wrong with the US. He publishes and supports pure nonsense, what those in science call "woo." He pretends to understand physics ....and doesn't ....teaches people how not to think and now suddenly he understands economics ....which is all psychological to him. Nonsense. Another book of garbage ideas coming forth I'm sure.
Really? Well in terms of his views on the collective American mindset, the plastic, i-pad, Kardashian sisters, Toddlers and Tiaras, Dancing with the Idiots worshiping and lost in partisan politics sheeple that we've become, I'd say he's right on target. Chopra may be an obvious candidate for your typical slick talking new age guru, but his take on the current economic crises we face has some merit....
Dear Keith
Calling somebody 'fraud' without substance and proof, is a bigger fraud on your part. Let your grand daughter come on stage or write some book and make some speeches for whatever its value. Your talk is hollow. You are free to accept or reject Deepak's views. Are you a racist? I see no other reasons, that you call Deepak a 'fraud.'
The guy is indeed a fraud
Amen to that!
This chopra guy is just a crowd pleaser, doesnt say anything of his own, just says what people here like to hear, he is a big big phony....
did not think you wanted to post my comments. you all do a great job of hiding the truth.