2 Thessalonians 8:11
After a couple of months of nerve wracking financial upheaval, the world's rattled nerves have been calmed by Central Bank's continued indulgence with easy monies.
If history is any gauge, global markets are overdue for a major reset, to make right for the excesses of the years since subprime.
Year 2008 was the subprime crisis.
7 years preceding that was the deflating of the Dotcom bubble in year 2001.
Year 1994 was the onset of the Asian Crisis.
Less 7 years to that will bring us to to 1987 Oct Black Monday when the Dow Jones plunge.
Take off another 7 years and we were in the midst of the
US Savings and Loan debacle.
And many might forget the stratospheric interest rates of the early 1980s, in the aftermath of the Yom Kippur war and 2nd oil crisis.
God is faithful much as sinful man is consistently inconsistent. Cycles are a reflection of God's grace. In the trajectory of prideful optimism, man tend to forget God. And in the slide towards the abyss of pessimism, man is so mired that God seems distinctly absent.
Till Christ returns, what goes down must come up,and what goes up must come down.Much as the alchemist of delusion inthe world's Central Banks might think or try otherwise.
