Your points are basically valid. But some people need to consider what they need to do about these things and I think it's good that it is getting some attention. It may help some people who otherwise have their heads in the sand to open their eyes and take some steps now, before they lose their house or job or whatever. Some will get hit regardless. You are right, we will adjust, even if it is a depression, we will adjust just like they did in the 30's.
Your point that this may be getting some folk focused is a good one....
but honestly the fact of the matter is, the thing a person ought to be doing in good times is exactly the same as what we ought to be doing now.
eliminate debt
have a savings plan for emergencies
live in your means
anyone who is doing those things all the time will be fine. anyone who isnt is asking for trouble even in good times.
__________________ If I do something stupid blame the Lortab!
I will say there is one thing about this that scares me.
I honestly dont know if the folk who are alive today have the kind of stuff it takes to survive what they did in the 1930's.
I fear we may be soft.
That's what scares me. I really don't know. Also, people are maxed out. You are right though that people should be doing the right things in lean times and good as well. I'm not sure people know how to tighten up.
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Those who say it cannot be done should not interrupt the people doing it. ~Chinese Proverb
When I was young and clever, I wanted to change the world. Now that I am older and wiser, I strive to change myself. ~
Your point that this may be getting some folk focused is a good one....
but honestly the fact of the matter is, the thing a person ought to be doing in good times is exactly the same as what we ought to be doing now.
eliminate debt
have a savings plan for emergencies
live in your means
anyone who is doing those things all the time will be fine. anyone who isnt is asking for trouble even in good times.
Ferd,
I completely agree with the basis for your comments.
The added component for me in this particular mix (my present ponderings) is the unlikelihood that there will continue to be buyers of dollars (via T-Bills) at this prevailing interest rate.
If we are watching the first actions related to the exodus from dollar-denominated transactions, is there any international reason to protect the dollar's value? Without that self-serving interest among a global marketplace, is continued devaluation of our currency just the necessary 'morning-after' for a debtor nation?
I say this because I am needing to consider if virtual numbers.....representing federal reserve notes...sitting in a back account....should not be converted to something REAL....metals or land.
thoughts?
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Wherefore, my beloved brethren, let every man be swift to hear, slow to speak, slow to wrath [James 1:19]
ferd hit the nail on the head, people today are not tough enough, they are whiny and wanting all the time, even when they dont have the cabbage, what a shame, a dose of humility might help us, dt
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A product of a pentecostal raisin, I am a hard man, just ask my children
ferd hit the nail on the head, people today are not tough enough, they are whiny and wanting all the time, even when they dont have the cabbage, what a shame, a dose of humility might help us, dt
A dose of humility will help us... a dose of wisdom would have gone a long way as well.
Although a message has been rolling through my mind for a few months now that revolves around this basic thought...
I think, more often than we realize, God's help comes in the form of the wisdom contained in His word rather than in miraculous rescue. He does do the miraculous but He also keeps us from the need of the miraculous of we will but heed His word in our everyday lives.
Walking His way is a way of peace. But too often we expect peace to be delivered to our location which is located a distance off of God's desired path.
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