How Quickly Things Can Change - and Will Change!
How quickly things can change!
Yes, we could dredge up the whole thing about the stock market being even more overvalued than it was before the great Crash of 1929. But why beat that dead horse yet again. We all should know this by now. And we all should know how we will respond - or not respond - when the time comes for some sort of reckoning. Right?
And we could focus on the cost of homes in these United States. They're simply unaffordable to a great swath of our people, particularly the young folks who would typically be looking to buy a home and raise a family. Even if interest rates go down - which they may in the near future - the raw cost of a house is simply way too high. Some compare that average cost to what was the case in the year or so before the Great Financial Crisis (GFC) of 2008, which witnessed a significant drop in the price of homes. It's clearly unsustainable. And in some parts of the country prices had fallen by a lot - and so there things are indeed changing quickly. In other parts, not so much. But can that sustain forever?
Or we could cite those economic statistics that more and more folks are questioning. Is the economy really going great guns as the current administration claims? Does the increase in GDP really give us an accurate picture of how healthy things are out there (a topic we've addressed, and may again in the near future)? Was the job market ever as robust as claimed since we exited the government-imposed Covid Mess of only a few years ago? There's more to the economic list of items that one can question. And when all added up, it's hard to avoid wondering whether things will change quickly from robust to...well, something less. Indeed, such a change may already have taken place, despite those who claim otherwise.
While these are serious enough matters for us little people to contend with, there's stuff that's potentially more dangerous out there for us to consider.
Take war, for instance. Sadly, there's usually some war or, more typically many wars around the globe. Many are local - although that doesn't diminish the horror of it. Some, however, are bigger impact the wider world. The most prominent of these now are the war in Gaza and, of course, the Russian invasion of Ukraine. No need at this point to show how both of these involve and affect all of . If you haven't figured this out for yourself, do try to do that soon. History shows that such wars can ignite wider wars. If you've ever studied the beginnings of the World Wars of the 20th century, you know what this means.
The point being: things can change very quickly for the worse.
Oh, and let's not forget our domestic situation. Our national divisions dig deep. We all know of these, and many of us have been impacted in our personal lives. Some families have been torn apart by the growing divisions in our country.
Consistent with our theme that things can change quickly, we've come to see the incredible change in those who once screamed bloody murder about gun violence. This striking example of just how quickly things can and have changed should drive the point home. It seems those who have endlessly pointed the finger at advocates of the 2nd amendment have - presumably for the purpose of further their agenda (whatever it might be) - have done a 180 and now espouse the use of guns to perpetrate acts of violence and, yes, murder itself, on those they consider deserving. Stunning, isn't.
More so, though, dangerous, just as is the threat of expanding war is dangerous, and should not be dismissed.
We end with this clear illustration of the domestic side of this danger.
Here's something from Georgetown University:
Accompanying this image:
So much for all those grandchildren of the flower-power generation who espoused "peace and love" - whatever that might have meant to them.
How quickly things can change.
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