Another financial after-shock hit the world yesterday; Japan has reported a second negative GDP, with plans to continue to stimulate the economy in spite of the failures of the recent past stimulus programs.
The view from 10,000 feet is that all the major economies are suffering deflation and negative or close to negative growth in spite of the bullish stock market caused by low interest rates. The printing of money (stimulus) has only benefited the banks causing some prices to go down (fuel) and others to go up (food). The instability and the uncertainty of the world economic system is the most important “take away” from today’s news. The question is: How will you heed the warnings and act in wisdom and prepare for potential problems?
We have been talking about the benefits and efficiencies of collaboration and community. They provide a family with options in preparing for a large scale financial crisis when it may appear that they don’t have any. People working together to grow food, share housing, and take care of each other is one of the most sensible and effective and Christ-like preparations for a potential breakdown of the world financial system.
Many people claim that a financial collapse is inevitable – it is only a matter of time. Even the most optimistic pundit has reservations about the future of the system. The hardest thing for people to do in this situation is to imagine something so unlike anything they have ever experienced before; and to take bold and decisive action to protect themselves from something that is both difficult to understand and imagine. Joining or forming a community of like-minded people to talk about and plan for the future, however, is the first step. Community is a Kingdom principle and it can be a blessing and a tool for escaping some of the worst of the storm which is on the horizon.
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