Victor Chen Ministries

It’s been a choppy year. The covid-19 pandemic has been more prolonged than we all had anticipated. It is like a lingering cold that just don’t seem to go away.  In Malaysia we had spent half of 2021 in various modes of lockdown. As if that was not somber enough, we just had unprecedented floods which claimed many lives and billions of Ringgit of property damage. The Chinese proverb 福无双至，祸不单行  blessings never come in pairs, but misfortunes never come singly sums it up well.

The local economy is sluggish amidst political uncertainties and changes. We basically had our third Prime Minister since the last election in May 2018.  The local share market is anything but lackluster. Inflation is biting as we can see prices of almost all basic necessities going up. The road ahead clearly does not look favorable viz-a-viz our neighbors like Singapore, Vietnam and even Indonesia who is blessed with a good leader.

Many economies in Europe like France and Italy are contracting. This will affect Chinese exporters as EU is their second largest trading partner. Furthermore China is not without its internal problems. Just look at the Evergrande’s debt crisis. This debt problem is just the tip of the iceberg.

In the US, there are many asset and financial bubbles threatening to pop while its people face high inflation from all the QE by the Fed. Is 2022 a ‘black swan’ for Dow Jones and other global markets?  And cryptocurrency is not free from a black swan risk either. Any crash will have its global impact as these days the economies are so interdependent. The wealth inequality in the US is startling as the share of net wealth in the United States held by the top 10 percent is 70 percent in 2Q of 2021.  Homelessness abound in the so called richest country in the world and 61% of the people in a survey said they cannot afford a $1,000 emergency expense, and maybe not even $500. Is this the end of the American dream? To make matters worse they had recorded a record high572,029 new covid cases yesterday Dec 30, 2021. Meanwhile, in the guise of democracy and human rights, the US goes around the globe creating trouble for everyone, desperately trying to cling on to its world hegemony while neglecting the urgent needs of its less privileged people.

In all, there is no safe haven on earth be it in the wealthiest or poorest nation! The safest place is to be under the protection and in the will of God because we can trust His plans for us. His will is best, because He is perfect in wisdom, love, faithfulness, goodness, and all-knowing. It doesn’t mean we won’t face sufferings and even calamities, but when we are in the will of God, we can know that we are in the safest place, because we have His blessing and His promises.

Happy New Year 2022 and in the coming years may you walk from lack to abundance; from ill-health/sickness to health; from servitude to dominion; and from not enough to more than enough. It going to be your year for those living in His will. SHALOM! SHALOM!

# posted by Eleventh Hour @ 7:41 PM