Friday, March 6, 2009

Scary times...

It amazes me where we have come as a country. I spoke to my father recently about some business issues and he reminded me of a truth that is quite unfortunate: Greed will prevail. Another truth to add to that is the biblical truth of reaping and sowing. What we sow we will reap. If we sow greed, we will also receive the consequences of that greedy behavior. The situation in our country beams with this example. The greed of the 90's .com, telecom, IT, etc. boom busted. Follow that up with the financial markets/housing boom from 2002-2007 and now that bubble has not only burst, but it has shown where the real "ponzie" scheme has existed. Our own financial markets were not only fake, but so greedy that they took advantage of the less fortunate. They built up false hopes and dreams of what most people really couldn't afford. They sowed greed. They will reap years of distrust and the average American will struggle now for years to come as the stock market continues to attempt to find the "bottom". I predict that the market will be stagnant for another 5 years or so before beginning to incrementally grow again. The shattering of hopes and retirement accounts will bring many people down and unfortunately kill a lot of dreams. Not only that, but the stress level in this country will rise and people will begin to do some pretty stupid things.

I hope and pray that I am wrong about this, but two things really are true: Greed does prevail and what we sow we will reap. The reaping has begun with 15 years of sowing greed. Praise God that He does not have the word "wooops" in His vocabulary. His soverignty will prevail and He will lead us if we trust Him.