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It helps to include the second half of the
Proverb: ". . . but the wicked are brought
down by calamity." The verse is contrasting
how two different kinds of people are
affected by calamity. The "righteous,"
meaning those who are essentially upright (or
right with God) are not defeated by problems
(even by self-inflicted ones), but get up and
keep moving on. The wicked, on the other
hand, eventually are defeated.
Well said. The righteous rise after calamity
because God is on their side.
This doesn't mean the righteous won't suffer
seeming defeat or face failure though. It
does mean that God will see them through the
tough times (Rom. 8:29-30) and bring value
from those times.