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Posts Tagged ‘Economic Collapse’

 

david-stockman

David Stockman

This time last week it was 75 degrees and sunny. Today? Well, let’s just icy roads and accidents made the morning commute a little more exciting than usual. How can the weather change so much in seven days?!

 

Well at least one thing hasn’t changed over the last week, and that’s the dicey state of the nation’s economy. With the stock market hitting records level, that may seem like an odd thing to say. But the economy is not the same things as the stock market.

In fact, the past several years have seen an almost inverse relationship take hold between the performance of the Dow Jones and S&P indices and important economic indicators. In a normal, rational economy, if corporate earnings decline or unemployment spikes signaling a economic slowdown, the stock market should decline.

But in today’s Keynesian casino markets, bad economic news is good news from the markets perspective. Why is this? It all has to do with the Federal Reserve’s interest rate policy. You see, bad economic news means big money speculators believe the Fed will continue its policy of suppressing interest rates to near zero to stimulate economic growth. On the other hand, if the economy appears to be doing well, the market starts to think the Fed may hike interest rates, making stocks a less attractive opportunity. Thus the stock market goes down.

In short, it’s a stupid economy that rewards fraud and punishes success.

And after over eight years of stupidity such as near zero percent interest rates, we are now faced with simultaneous Fed created bubbles in stocks, bonds and real estate, which will all at some point burst. And that leads me into today’s story…

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2017

Out with the old and in with the new. Yes, it’s that time of year again. The time when we flip over our calendars. For some of us it’s a time of making resolutions. For others, a time for avoiding them. In my case, it’s a convenient time to look back at the prior year in blogging as well as an opportunity to consider the year ahead.

In the first place, I would like to that the Lord for providing me with this wonderful forum for writing. Perhaps because I didn’t grow up with the internet – I’ll be 51 in March, so yes, I’m an old guy! – I’m still constantly amazed at the reach even a small blog such as this one can have. Never before in history has a single Christian had the opportunity to, quite literally, reach the whole world and never so much as venture outside his front door. There is much that is evil on the internet. As Christians, it is our job to be salt and light to the world. And through website, blogs, and podcasts God has provided an amazing tool for believers to fulfill the Great Commission.

Secondly, my sincere thanks are due to you, the readers of this blog. Even though I began writing this blog in 2009, I’m still amazed to think that anyone would take the time to read my words. It has been my honor and privilege to serve you in 2016. And it has been my prayer that this blog has, as the name suggests, helped to bring the light of Christ to the various subjects under consideration.

Now with all that said, let’s take a look at this past year in blogging.

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