The Falling Dominoes : by Wes Fessler

The world has gone mad with a housing implosion, deflation of retail markets, bank blow-ups, a stock market abyss, and unemployment reaching epidemic proportions. There can be no sugar coating it anymore—we are in a recession.

Dominoes Down
According to Bureau of Labor Statistics, unemployment has risen from 6.2 percent in September 2008, to 8.1 percent in February 2009. The Dow Jones Industrial Average closing index value has fallen 53.21 percent from its most recent peak of 14,164 on October 9, 2007, to 6,626 as of March 6, 2009. The numbers are not encouraging, but what does this recession mean to families? More importantly, what does this recession mean to your family?

In a continuous line of falling dominoes, one must perceive the advancing threat and prepare a stance of equal or greater resistance, with all will to remain upright. Such is the plight of your family in this recession. Your position in the line of dominos necessitates awareness and preparation for what is to come. There is no way to sweep away the dominos that will fall against your family, but your family can stand stronger than the weight of their fall.

The economies of the world are facing challenges of a unique nature that are extending their reach to families and individuals. While some are at greater risk than others, few are immune from its consumptive effects. For families who are in the path of falling dominos, it is vitally important to understand what is coming and to prepare a stance of greater resistance.