Thursday, May 7, 2009

The recession is over

Many economic observers are seeing signs that the recession is headed out the door. There are still many concerns about a commercial real estate crash, rising unemployment, and huge unknowns about the derivatives market, but it appears that severe losses are receding and signs of hope surfacing.

I decided last night, that, as far as I’m concerned, the recession is over. I don’t have to wait several months to see if the economy is going to improve before I consent to the recession being finished. That’s like waiting for a disease to disappear from the body before consenting to health. It doesn’t work that way. One finds freedom first in thought and outward evidence then confirms what one already knows.

So, if you want to be free of the recession now, consent to it being over!

I thought about Mary Baker Eddy’s astute observation concerning what she labeled “chemicalization.” She wrote:

"Here let a word be noticed which will be better understood hereafter, — chemicalization. By chemicalization I mean the process which mortal mind and body undergo in the change of belief from a material to a spiritual basis.


"Whenever an aggravation of symptoms has occurred through mental chemicalization, I have seen the mental signs, assuring me that danger was over, before the patient felt the change; and I have said to the patient, "You are healed," — sometimes to his discomfiture, when he was incredulous. But it always came about as I had foretold." Science and Health with Key to the Scriptures

The recent turmoil in the economy has been an aggressive form of chemicalization. Greed, lust, ego, blind-will and their kin grew to such a feverish pitch in economic reasoning that principle held up a standard and said, “No more!” Mortal pride and ego rebelled, wanting to continue its unbridled pursuit of wanton material gain, but could go no further. Turbulence, storms, chaos occurred in thought while truth sifted out error for the benefit of humanity. It’s still going on. But there comes a point when the tables are turned and principle is obviously gaining the upper hand. Peace and hope begin to take over. The storms recede, and a purer ideal evolves.

The signs of the tables being turned on the economic evils of recent times are starting to appear. This is a good sign. There will be more turbulence, ups and downs, but Truth always wins the day. A better, stronger economy will be the outcome.

The recession is over. Or, in other words, truth is winning the day and its ultimate triumph is absolutely certain. There is no need to fear a claim that is being destroyed.

We live in a divine economy. There never has been a recession. The life-blood of our existence is not the circulation of money or credit, but spirituality lived and abundantly expressed. Each of us can live this supply today, and with unlimited joy and liberty of mind. Nothing is holding us back.

Good riddance recession. It's time to move on with life and enjoy the multitude of God's blessings that stand before us.


6 comments:

Cindy said...

I love it!
Esp this..."The life-blood of our existence is not the circulation of money or credit, but spirituality lived and abundantly expressed. Each of us can live this supply today, and with unlimited joy and liberty of mind. Nothing is holding us back."

Thank you, Evan!

Anonymous said...

Hi Evan,

I feel compelled to caution against prognostication on the economy based on observation of an improvement. If we are relying on God's economy and denying the reality of man's economy, it seems inconsistent to deny it when it appears to be getting worse and to accept it as real if it appears to be getting better.

Often 'confidence men' (from where the word 'con man' comes from) will build false confidence in order to steal further. Wise as serpents and harmless as doves, we can avoid being conned by applying wisdom. This market improvement may be a way to con us out of more of our savings, so please be cautions about relying on 'sight'. In other words, I would not jump back into the market as an act of belief, thinking that will make it better. I urge prudent, prayerful consideration before making any such move.

Anonymous said...

I found the following in the Wall Street Journal ...

"Just getting people into stores can be difficult at a time when self-indulgent shopping has lost its allure, says Jim Taylor, vice-chairman of Harrison Group, a market research firm. Dr. Taylor has just completed a consumer study for American Express Publishing that suggests the wealthy no longer really enjoy shopping. What's more, their new, less-materialistic lifestyles are "a lot of fun," he says. "Our happiness scales are up this year for the first time in years." "

Anonymous said...

Thanks for your thoughts today about the recession. It reminds me of two friends my family has known for many years. The two friends don't know each other but they're in exactly the same business - wholesale carpet - in different parts of California. Both got started in business at about the same time with comparable educational backgrounds and about the same amount of financial resources available to them. Both of them are still in business after about 25 years. That's where the similarities end. Whenever I see them I ask how business is.

Friend "A" invariably says, "Great. We're having our best month ever! We can barely service all the customers we have. We just bought a new warehouse and are opening showrooms out of state."

Friend "B" will usually say something like, "Oh, it's a constant struggle just to meet our payroll. If it's not one thing, it's another. We're downsizing to a cheaper warehouse just to keep afloat."

Friend "B", of course, really played up the recession, as if it would probably be the last straw. After all, he reasoned, the carpet business is closely tied to the housing market, which is obviously in a slump.

I asked Friend "A" if the recession has affected his business. He said, "No. I decided 'pass' on the recession. When the media first started reporting about the likelihood of a recession, I called all my employees into a meeting and told them that we weren't going to participate in any recession." And they haven't!

evan said...

Terrific story! Thanks for sharing. Perspective is everything!

Miriam Deshler said...

Terrific article Evan. Thanks.

Miriam D

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