26
Apr
11

There is plenty to be nervous about

I would not say that I am afraid, for I am not; but I will readily admit that the incredible things happening with the weather and economy make me very nervous.  There is a huge difference between being afraid and being nervous.  One is counterproductive and the other is the natural reaction to uneasy situations.

Just four years ago I would have been working 20 hours per day finding relief supplies for tornado victims in the St. Louis area and flooding victims in southern Missouri.  I know my days of trying to “save the world” after every disaster ended some time ago, but I am still deeply impacted as I see images of destruction and hear reports of catastrophic flooding soon to cause untold problems in many areas.  Throw into the mix some of the worst wildfires Texas has ever seen and you have a truly troubling situation building.

I study weather and I have seen from multiple sources that the upcoming month of May will be MUCH COOLER than normal throughout much of the USA except along the Gulf coast.  The last two times this happened were 2005 and 2008 which were years that produced hurricanes Katrina, Rita, Wilma; and 2008 which produced hurricanes Gustov and Ike.  Many experts are already warning of the imminent possibility of multiple strikes by huge hurricanes along the United States coastline this summer.

For a very long time I used to study and try to understand economic concerns.  What is currently happening is so distressing that I no longer have the desire to try and figure out what is happening and about to happen.  Contrary to what media outlets are saying, there is a period of hyper-inflation just around the next bend.  We are already seeing it in the constantly rising prices for gasoline and food.

It is estimated that nearly 15% of all Americans have had to raid their retirement accounts to find resources for emergencies.  I know this is true for I am one of those 15% and am not proud of it.  But, when all other sources of income are removed, and expenses pile up; there is no place left to go but to the IRA or 401k that was supposed to provide income for 25 years or more after retirement.

Recent studies have indicated that the housing market for super expensive properties is rebounding and doing fine.  Those with plenty of money are spending it on lavish homes that cost well over a million dollars.  Those homes in foreclosure are also being purchased by people with money and then rented out to desperate people who have lost their homes.

Meanwhile those homes in the $100,000 to $600,000 range just sit there.  No one qualifies for a loan and no one has the money to pay the huge down payment to move up or down.  Most of us live in these kinds of homes and are stuck in them for many years to come.

I cannot do nothing about the weather or the economy so all I can do is pray for wisdom for those deeply impacted by both.  May God grant us all great patience and understanding so as to make the right decisions and have the means to help our neighbor, brother, parent or child in need.

Advertisements

0 Responses to “There is plenty to be nervous about”



  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: