The Financial Market: Foolish Builder and the Son
It is reported on Channel News Asia website, 05 August 2011, that “Asian stock markets plummeted on Friday following carnage in the US and European markets amid fears the world was heading towards another financial crisis.”
I’m particularly drawn to this quote in the news: “We’re seeing the erosion and now the loss of confidence, confidence in the economy, confidence in the market, confidence in the policy makers. It’s all showing up,” said US-based Hugh Johnson, of Hugh Johnson Advisors.
The financial market is running on a “money begets money” system (shares, bonds, etc) where creation of wealth is always a procession out of itself.
People laughed at theological discussion of the economy of Trinity where the Father begets the Son while the Holy Spirit proceeds from the Father and the Son. Such discussion is seen by some to be irrelevant and non-practical, however they failed to realize that the present working assumption of the financial market is a parody of the Trinity. And anything that is parody of the true God is an idol. And idol is by nature a non-entity that exists as a parasite, like derivatives.
Economy that is built on non-entity is like the foolish man who built his house on sand. The rain came down, the streams rose, and the winds blew and beat against that house, and it fell with a great crash.
Another global financial recession is not a possibility but imminent and unavoidable given the present state of affair. It perhaps time for the economy to realize, “I will set out and go back to my father and say to him: Father, I have sinned against heaven and against you. I am no longer worthy to be called your son; make me like one of your hired servants.”