In fact, they are both. They are both memories and they are the embodiment, in a sense, of the karmic consequences of that life, and in particular the events giving rise to discord within the person at that point in their history. This is linked to the akashic records and is part of the flow of karmic energies, so in looking at this intuitively within the mind, there is often a depiction of these energies as an embodied being in some fashion, a cartoon-type figure, for instance, and perhaps figures visibly differing in ages. And so this is a window into the intuitive reach of those individuals capable of such discernment, as they will see some of the deeper meanings and representation of the prior history and will see it in a form very fitting to the true metaphysical nature.
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