Soaking myself in the vibrancy of Osaka and enjoying the genteel atmosphere of Kyoto, one almost forget that Japan is still mired in the economic doldrum of the past 25 years.
As a transient visitor amongst the many, the seemingly stronger pulse of economic activity on the streets might just be reflective of the purchasing power of us visitors rather than the general local populace.
Squeezed by high unemployment and low wages. A moribund housing market only starting to show signs of life. Prime Minister Abe has tightened the screws further with a huge decline in the value of the Yen and now negative interest rates.
Should the average Tanaka san and Fumiko san throw all caution to the wind and just go on a spending binge?
All the world's Central Banks wants it. To zap life into our lethargic "drug" induced global economy.
What comes next when this "zombie like" global economy takes on a life independent of its Central Bank handlers?
I pray you do know and trust God our Sovereign Lord
Saturday, January 30, 2016
Saturday, January 16, 2016
MoneySense #13. Just a bad dream?? (16 Jan 2016)
"China has entered bear territory," screamed the headlines in the financial press.
Will the Great Wall that has played such an important role in keeping the world away from the clutches of near death aka sub prime 2008, be the same but now crumbling wall that will shake us out of our zombie like delusions?
Nehemiah was the man of God sent to rebuilt the destroyed walls of once glorious Jerusalem.
Our present world is a little behind. We were shaken terribly back in year 2008. Will the glue of delusion generously dapped by conniving Central Bankers be able to withstand the weight of panic when the scales of self deceit finally dropped off from our willing gullibility?
"What must we do to be saved? Says the earthquake shocked pagan jailer to Apostle Paul.
Believe in the Lord Jesus, and you will be saved..." Acts 16:29-31
Much as my past few blogs have seemingly to some been a purveyor of bad news, to me they were observations of reality long denied. The chicken has come to roost..
But yet despair not, till Jesus Christ returns, and He will. Markets and life in general will continue to have her highs and lows, for a one way up will mean many will have no time for God. And a single direction down will mire too many despairing souls to even consider the possibility of the outstretched hands of our omnipresent and loving Father in Heaven.
Sit tight and enjoy the ride, if you know and trust the Sovereign God.
Will the Great Wall that has played such an important role in keeping the world away from the clutches of near death aka sub prime 2008, be the same but now crumbling wall that will shake us out of our zombie like delusions?
Nehemiah was the man of God sent to rebuilt the destroyed walls of once glorious Jerusalem.
Our present world is a little behind. We were shaken terribly back in year 2008. Will the glue of delusion generously dapped by conniving Central Bankers be able to withstand the weight of panic when the scales of self deceit finally dropped off from our willing gullibility?
"What must we do to be saved? Says the earthquake shocked pagan jailer to Apostle Paul.
Believe in the Lord Jesus, and you will be saved..." Acts 16:29-31
Much as my past few blogs have seemingly to some been a purveyor of bad news, to me they were observations of reality long denied. The chicken has come to roost..
But yet despair not, till Jesus Christ returns, and He will. Markets and life in general will continue to have her highs and lows, for a one way up will mean many will have no time for God. And a single direction down will mire too many despairing souls to even consider the possibility of the outstretched hands of our omnipresent and loving Father in Heaven.
Sit tight and enjoy the ride, if you know and trust the Sovereign God.
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