WHAT WE THINK ABOUT WHAT YOU THINK ABOUT.
Today, unemployment hit a 16 year high. This is our companyâ€™s sixteenth year in business. So, the economy is beginning to look a lot like uncharted territory. For us, and I guess for a lot of other people. Of course, there is history. There is 1992, 1982, 1970s, 1930sâ€¦, and we can certainly learn from all of those times. But right now, we are in a time in which some things are different from those times. The banking ship that is currently stuck on a sandbar is a very different vessel than banks of any previous time. Sophisticated, fast-paced investment instruments that arose over the past 15 years (which somebody called financial weapons of mass destruction) make this mess more complicated than the one addressed by the new deal.
Also, the world economy is more connected than ever. And the Internet makes everything move faster. Hereâ€™s a questionâ€¦if the Internet made the economy rise at a record pace in the 1990s, and made transactions happen at a record pace, then will the Internet make EVERYTHING happen fasterâ€¦risesâ€¦fallsâ€¦ and will it make the peaks higher and the valleyâ€™s lower?
In any case, we find ourselves with a new paradigm. In the life of our company, we have never seen an environment like this. I wonder if its time to get back to basics. By basics I meanâ€¦as 1 Thessalonians 4: 11-2 saysâ€¦
And that ye study to be quiet, and to do your own business, and to work with your own hands, as we commanded you; that ye may walk honestly toward them that are without, and that ye may have lack of nothing.
Quiet life. Do our own business. Work with our own hands. Walk honestly. Lack of nothing. Sounds pretty good to me.