Do you believe in the Karmic cycle of Life-Rebirth and karmas?

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In some religions there is strong spiritual dogma of the karmic cycle of life. It says that every soul orginates from God and is a part of God. The entire journey of the soul on the earth is a journey or rather a vicious cycle towards the reunification with God. However in the process of our living on earth Our deeds depending on their nature determine our future rebirth i.e. our deeds on earth become the determinants which would categorise and define our next Life.... It is only when one frees himself from the trap of deed or Karmas that one can attain the so called salvation or nirvana or moksha.....( various religions classify it differently). Do you think that this theory of rebirth could have any significance.....I would like you to specially note that the Celestine Prophecy is also indicative of such a theory?