I am not sure why, but the inauguration event reminded me of Jesus statement about the end times; “But as the days of Noah were, so also will be the coming of the Son of Man be. For as in the days before the flood, they were eating and drinking, marrying and giving in marriage, until the day that Noah entered the ark, and did not know until the flood came and took them all away (8 people survived), so also will the coming of the Son of Man be. Matthew 24:36-39
We are living in a time of unprecedented economic crisis. Politicians have no way of fixing it – debt levels are out of control. Economic collapse is imminent and it will be worldwide. My advice, above all else get right with God, take up His offer of eternal life. There is only one way – Jesus said, “I am the way, the truth and the life, no one comes to the Father except through Me.” John 14:6. Second, get out of debt.
From a worldly perspective, this report by Vern Gowdie sums up the Trump situation and likely outcome succinctly.
It’s official, Donald Trump is the 45th US president.
His inauguration speech was full of patriotic fervour, aimed squarely at his heartland.
He faces a herculean task to ‘Make America Great Again’. This is not the 1950s: the era of low debt, cheap oil, high birth rates, minimal health and welfare commitments, and the US dominating world manufacturing.
That once-young, lean, mean economic machine is now ageing, over-indebted (19 trillion +), bloated with entitlements, loaded up with underfunded private pension plans, and competing against countries that pay their workers 1950s-US wage rates.
As we saw with Obama, rousing, well-crafted speeches are one thing, but taking action is another. Obama was hopeless — public debt has doubled, Obamacare is an expensive joke, and bureaucracies have become bloated.
Trump is over-promising, and will under-deliver…but it will be entertaining to watch.
Gowdie Financial Planning was recognised in 2004, 2005, 2006 & 2007, by Independent Financial Adviser (IFA) magazine as one of the top 5 financial planning firms in Australia.