Dow – 1937 vs 2008, now, and war
Is the pattern repeating itself?
I got this chart from an ad by Stansberry & Associates Investment Research.
This is for those of you who put your trust in money or the material world.
This is how unstable the economy is, when it is in the hands of man, not God.
There may be a recovery after several years, just like after 1942, but we cannot be certain of that.
Chart showing the crashes of 1928 (complete by 1932), and 1937 (complete by 1938):
What brought the economy back out of a depression was a war, which put people back to work.
Suppose the next war does not do this, because so many people die?
The weapons are different now. They are nuclear, and people will not be able to survive a nuclear blast.
There may never be a magic climb back up the stock market.
The prosperity of the 1940s – 1950s may never happen again.
What the bible says about trusting in riches:
Mar 8:36 For what shall it profit a man, if he shall gain the whole world, and lose his own soul?
Pro 11:28 He that trusteth in his riches shall fall: but the righteous shall flourish as a branch.
Psa 49:6 They that trust in their wealth, and boast themselves in the multitude of their riches;
Psa 49:7 None [of them] can by any means redeem his brother, nor give to God a ransom for him:
1Ti 6:17 Charge them that are rich in this world, that they be not highminded, nor trust in uncertain riches, but in the living God, who giveth us richly all things to enjoy;
War during bad economic times
70 years ago on September 1st 1939, Germany invaded Poland without warning sparking the start of World War Two.
By the evening of September 3rd, Britain and France were at war with Germany and within a week, Australia, New Zealand, Canada and South Africa had also joined the war.
The world had been plunged into its second world war in 25 years.
Six long and bloody years of total war, fought over many thousand of square kilometres followed.
The United States and The Soviet Union joined in by 1941, 2 years after the start.
Marked by significant events involving the mass death of civilians, including the Holocaust and the only use of nuclear weapons in warfare, it was the deadliest conflict in human history, resulting in 50 million to over 70 million fatalities.
Soviet Union (1941-45)
United States (1941-45)
China (at war 1937-45)
The war ended in 1945, 6 years later.
Now that we have passed the 2 year mark, is there another world war 3 in our future for America, and the world?
Whatever your economic status is, I think it will get worse, until all are the same.
But God will not forsake the righteous.
It is wisdom to seek God and his righteousness, and what you need will be provided for.
If you are not saved, through the blood of Jesus, then you need to seek that salvation first, and repent of your sins.
If you don’t know what sin is,
Seek pastoral counseling.
Read the bible, and read what it accepts and condemns.
Know the 10 commandments.
Pray for the truth to be revealed to you.
Know God’s will.