Abraham was definitley blessed by the lord for his faithfulness which it seems that he was one of the few that "feared the lord". Abraham was blessed becasue he made a convent with the lord that Abraham shall become a great nation, Abraham would have a great famous name, that he would be a blessing to others, and a blessing to all of the people of the earth.
I think that in certain ways of the people of the earth have been blessed, until they do not turn away from their sins. Eventually the lord will stop with the blessings when we refused to "fear the lord".
Abraham is an inspiration of faithfulness especially in these hard times. I have been going through really rough times for the past two years and I did lose my faith in the lord. I think that if I keep my faith and "fear the lord" then my time will come with blessings from the lord but I need to be patient and not rush the lord's plans.