Seven-Step Solution to the Economic Crisis
by Chuck Bentley, CEO, Crown Financial Ministries
In light of the massive amount of signs pointing to what some are calling the “economic crisis of a century,” an “economic Pearl Harbor,” or a “financial tsunami, including the collapse or near collapse of some of largest financial institutions in American history, I believe we all have reason now to ask: “What can I do to help solve this problem?” I for one believe it is time we stop looking to the federal government as the final solution and mobilize the grassroots of this nation to bring about the economic change that is desperately needed.
Here are the steps I believe will solve this crisis by each of us doing our part to fight this on a personal, local level......more
The Economic Earthquake of 2008
In 1991, our late cofounder Larry Burkett wrote The Coming Economic Earthquake, warning of the dangers of the ever-growing appetite for debt by our society and federal government alike. Although a best seller and helpful to many who heeded his advice, he received harsh criticism for his failure to peg the event to a date certain. Many dismissed his work as “too simplistic” and unsubstantiated by economic models. Others painted him as a “doom and gloomer,” especially in light of the robust economic growth of the 90s. Larry remained humble towards his critics, stating he was not attempting to be a prophet but was only making Christians aware of their need to apply God’s Word. He said that even if the events he outlined in his book did not occur, the reader would be better off for following the advice that God gave for our benefit.....more
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