Monday, February 16, 2009

Trend Forecaster

Below is an interview with Gerald Celente from Trends Research Institute. H/T Rod Dreher. Right now, I am not listening to those in politics or the financial institutions for an idea of what is to come in the near future, or how to fix it. I find there is too much coloring of the facts to make what they say worthwhile. Nouriel Roubini was able to forecast the current mess we're in, in large part because of his willingness to look at all the facts available to him. When looking at his reasons, one has to ask why he was ever doubted, except for the wish that things would turn out all right.

While it appears as though things are going to get pretty rough, those of us who are Christians are not to despair. God is working in this, even if we can't see on this side of the veil how exactly he is working it out for good.

If you would, in the comments, tell us what possible good we might see coming out of this and how we might prepare for the continuing downturn in the economy so that we may be of help to ourselves and others.


  1. Personally, I've always kind of held to the mantra, what doesn't kill you makes you stronger. That doesn't help those companies that will inevitably die in this downturn, but in the end those that survive will be better off than they are now - perhaps due to less competition, or because they can change course quickly enough.
    I think it's an opportunity as Christians to help those around us that are truly in need as this crisis deepens.

  2. Hi David. I think you're right about how healthy companies can grow while others fail, (see my Jan. 18 post), but this will not work correctly if the government decides it will pick the winners and losers. Ford will now have to compete with GM which has federal money now behind it. The markets cannot work properly this way and I think will prolong the current downturn.
    I absolutely agree about opportunities for Christians to help those in need. I think these will come both monetarily and spiritually.