Yes God will see His people through, but you are correct D4T, it might be that we lose a lot of stuff, but that's not always bad. Might just spark a great awakening of the Spirit.
So true... the losing of things is always uncomfortable but it is most always a blessing in the end.
While in the immediate view these things seem like horrible happenings in our lives given time God's wise and wonderful hand proves to be right once again.
I dont think we will see that this month, however with the spending and printing of money and the extended borrowing, we are looking at a serious inflationary situation sometime next year.
This week is HUGE in financial reporting. lots of folk are thinking we go to 10% unemployment and stay there for a while. kind of a soft recovery.
Banks seem to be treading water with no real gains and no more serious losses.
I think we are in trouble. but not for some of the stated reasons in this thread.....
more related to spending/printing money and borrowing.
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We have borrowed money to cover our debt. Hello - that just does not make sense to me. It will bite us in the backside one day soon. I know it would have been painful, but I wonder if it would have not been better to bite the bullet last year and not borrow all of that money from China. The job situation has not gotten better. The majority of the jobs are coming from the service industry and government. We are not producing or manufacturing anything. Ferd- I agree- We are headed for some serious inflation soon.
I dont think we will see that this month, however with the spending and printing of money and the extended borrowing, we are looking at a serious inflationary situation sometime next year.
This week is HUGE in financial reporting. lots of folk are thinking we go to 10% unemployment and stay there for a while. kind of a soft recovery.
Banks seem to be treading water with no real gains and no more serious losses.
I think we are in trouble. but not for some of the stated reasons in this thread.....
more related to spending/printing money and borrowing.
Quote:
Originally Posted by Blubayou
We have borrowed money to cover our debt. Hello - that just does not make sense to me. It will bite us in the backside one day soon. I know it would have been painful, but I wonder if it would have not been better to bite the bullet last year and not borrow all of that money from China. The job situation has not gotten better. The majority of the jobs are coming from the service industry and government. We are not producing or manufacturing anything. Ferd- I agree- We are headed for some serious inflation soon.
We should have bitten the bullet and taken our lumps. Seems like we are treating brain cancer with an aspirin........
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