ECONOMIC FACTOR:
Job 30:27 GNT
I am torn apart by
worry and pain; I have had day after day of suffering.
Currently,
in our world now, the spirit of worry is doing over time.
Check the news. It is not only in your country.
Should we talk about continuous war between Russia
and Ukraine:
The war in Ukraine has had a significant and
multifaceted impact on the global economy, affecting various sectors and
regions in distinct ways. Here's an overview of some key areas:
Immediate Impacts:
Energy Shock: Russia is a major exporter of oil and gas, and the
war has disrupted supply chains, leading to increased energy prices worldwide.
This has impacted transportation, manufacturing, and consumer costs.
Fear can be a paralyzing force, a motivator for caution, or even a catalyst for
growth.
Before now many
people see fear from only the negative point of view.
Yet, Apostle Paul told us not to fear the enemy.
When we fear things
and dare God it is a misplaced priority. We are to fear God and dare things.
The economy promised
us life and meeting our daily needs. When it is down our hope is reduce and
opportunity is slimmer. But do you know in the same downturn economy they are
people that benefits from it.
BEFORE YOU SAY THE
RICH AND WICKED:
Romans 12:2 AMP
And do not be
conformed to this world [any longer with its superficial values and customs],
but be transformed and progressively changed [as you mature spiritually] by the
renewing of your mind [focusing on godly values and ethical attitudes], so that
you may prove [for yourselves] what the will of God is, that which is good and
acceptable and perfect [in His plan and purpose for you].
You cannot survive
this earth without your mind. Because your mind brings what you become.
Debt-free individuals:
People without debt are less vulnerable to interest rate hikes and layoffs,
providing them with greater financial stability during tough times.
Workers in recession-proof
industries: Certain sectors like healthcare, utilities, and consumer
staples typically perform better during economic downturns, potentially
offering job security and stable income.
Entrepreneurs and innovators:
Difficult economic times can create opportunities for innovative businesses
offering solutions to emerging problems.
Businesses:
Discount retailers and
value-oriented businesses: In times of hardship, consumers prioritize
affordability, potentially benefiting businesses offering cheaper goods and
services.
Debt-free and well-managed
businesses: Companies with strong financial foundations are better
equipped to weather economic storms, potentially gaining market share from
struggling competitors.
Mergers and acquisitions:
Economic slowdowns can lead to increased consolidation, offering opportunities
for stronger companies to acquire competitors at lower prices.
Other beneficiaries:
Social cohesion: Shared
hardship can sometimes foster a sense of community and solidarity, leading to
increased social cohesion.
Important caveats:
It's crucial to remember that
any benefits observed during a bad economy are relative and don't outweigh the
overall negative impacts. Individuals and businesses still face hardships like
unemployment, reduced income, and financial insecurity.
This is what helps
our belief system...
Matthew 6:31-34 NLT
"So don't worry
about these things, saying, 'What will we eat? What will we drink? What will we
wear?' [32] These things dominate the thoughts of unbelievers, but your
heavenly Father already knows all your needs. [33] Seek the Kingdom of God
above all else, and live righteously, and he will give you everything you need.
[34] "So don't worry about tomorrow, for tomorrow will bring its own
worries. Today's trouble is enough for today.
