War and Dominion

I hesitate to share my thoughts. They are not particularly encouraging. They are not solution oriented. I have concerns. The political reactions to the Corona virus have caused economic instability, uncertainty, and the western world is on halt. Here we need time, political control, ability and will to repair. Large sums of money have been allotted to the project of restitution. I see many, too many, grabbing for more in this basket. We need time, in all countries with the lockdown, where people have been unable to work and contribute, since they are in mandatory or voluntary quarantines. We need time to sort out details in fair restoration.

I heard, yesterday, that Norway was among the countries under the protection of the US dollar, meaning there is a guarantee from the US that we will not go bankrupt. Can the US give such guarantees? Are they able to be like the big brother to many? As a nation, Norway has been in good shape economically and has had a surplus, no national debt, and a wealth fund to cover generations. This fund is most likely considerably down in value now, following the plummeting indexes. In time, it may recover, if the world economy stabilizes, if it is given time to recover.

The price of oil is down, and that hurts Norway’s economy, but this in not virus-related. It is not due to national politics. There is a trade war in oil, where the Saudis want to control this market, want the price to go up, and therefore use their surplus to flood the marked – causing too low price now, and forcing many smaller competitors to close down. They are particularly aiming at Russia.

Could this lead to a real, global, economic depression?

Could it all lead to a new world war?

Or will it simply pass?

It seems unreal, as I sit here in my comfort zone, in beautiful natural surroundings, looking at the morning sun touching the mountain tops. There is peace and tranquility. All my needs are met. We read the Psalms together these days, as an evening routine. So, I tell the Lord of this universe my disquieting thoughts, my concerns. Most of it I cannot do anything else with, but to leave in in the hands of our God. This I have learnt from the psalmist.

sharing my view