Tuesday, February 01, 2011

Family Finances in a Waning Economy

Get Back to What God Says

America is on track with Greece, Ireland, and Spain, when it comes to its debt. In three years, the nation has racked up almost 30% of the total debt accumulated in 222 years. We are coming to the end of the debt game. We pulled out of the Great Depression with a war, with more debt, with an expanding economy (thanks to technology, huge birth rates, capital from other developing nations, and a robust national character). Technology isn't adding anything substantial to our GDP anymore as it did in the 1950s, 1960s, 1970s, 1980s, and 1990s. Our birth rates have imploded. We have soaked China, Japan, and other nations for their capital, and they aren't likely to lend to us as they have in the past. And we have 10X the percentage of Americans who live off of the government (as did in the 1930's). We are approaching the end game. It's time to build our micro economies on the principles of the Bible. That's the essence of this interview with Stephen Beck, author of the book "A Father's Stew." What adjustments need to be made in your family right now, to build back a biblical economy in your home?

Excellent podcast today. Listen here.

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