Thursday, September 30, 2004

The one with the peso drop

Yesterday, the peso dropped to a record low, plunging to PhP56.45 against the US dollar. Immediately, middle- to lower-class Filipinos started criticizing the Arroyo administration for its seemingly ineffective monetary control efforts, while the administration itself defended the move, citing a great demand for dollars combined with the sharp rise in the cost of oil.

Meanwhile, a full tank of diesel for my car now costs P950.00, and I am wrestling with God in prayer against a return to the work force. I do not want to give up my mission for God, not at the cost of making money, since Cathy is making enough to barely scrape us by. We do not wish to go into debt, and this is a solid test of how God will provide.

Prayers for my country are requested.

4 comments:

tenchu said...

you know what, you're right. God wants to see if you're gonna cling onto Him on times of trials. If you're sure if He approved of your goal, if He did gave you a green light, then you have nothing to worry about. =)

Unknown said...

I'm praying...

Michael said...

I will be praying for your country. Say one for the USA because we need it too.

Arnold said...

On conserving fuel, I have been reading a lot about this Filipino invented fuel conservation gadget called Khaos Super Turbo charger (http://khaos.com.ph). Some say they saved up to 50% of their gas consumption. On the other hand, most engine genuieses at tsikot.com forum (http://tsikot.yehey.com/forums/showthread.php?s=&threadid=14953&perpage=10&pagenumber=2) are pesimistic about it. They say, it still has to be proven.

Well, one thing that is proven well enough by a lot of people is God's amazing way of providing his kids with things just as they needed it. And as they say, if there's a vision, there's provision. Go for the vision, bro! Provision comes in next.