Monday, October 20, 2008

Crisis & Opportunity

The US economy is in the tank. Banks are failing, there's corruption on Wall Street, the stock market is sinking like a rock, people are losing their jobs and their homes, no one can get credit, and a gallon of gas is as expensive as a cup of coffee at Starbucks. The whole world is feeling the effect of this crisis, and it's a real question as to how much a new US president can do to reverse things.

But even in the midst of this crisis, we see an opportunity. We don't understand it, but we see it.

As the US economy has declined, the value of the US dollar overseas has risen. That's right. The US economy is weaker at home, but the US dollar is stronger abroad.

I don't understand it. I'm not an economist, and I would've assumed that the value of the US dollar would sink right along with the US economy. But it's just the reverse!

This has created an opportunity for us here in Peru, as our US dollars now have more purchase power than they did in the past. This allows us to do more with our ministry, to reach and impact more people, and to bear more fruit.

Check out the daily exchange rates wherever you are doing international ministry, and find out how the US dollar is doing. I bet it's up wherever you are. If you are able to do ministry using US dollars, then take advantage of this opportunity to make the most out of the rising US dollar. It's not known how long this opportunity will last, so take advantage of this positive situation as quickly as you can.

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