Tag: credit crisis

Money As Debt

Fascinating video about how money works, showing that money is actually nothing more than promises. So the correlation between keeping promises and financial health is made clear.

Cascading Issues

The concern here is not the noun issues, but the verb. The action of issuing suggests going, coming, or flowing out. Synonyms are egress and emergence. Think of issuing orders. Think of one’s children as one’s issue. To get at…

Definitions

What do we do when the meaning of something is disputed? “…if the foundations are destroyed, what can the righteous do? (Psalm 11:3). Our world is currently in the midst of revolution, a drastic and far-reaching change in ways of…

Revaluation of Debt

I could title this post “The Jubilee Factor” because it is a simple observation about the teaching of the biblical Jubilee and how it speaks to the current world financial crisis. So, what is the Jubilee? The Jubilee year (Leviticus…

The Madoff Scandal

So, Bernard Madoff pled guilty and will go to jail. Not only do we taxpayers have to pay for his crime, but now we have to pay for his food and rent for the rest of his life. But that’s…

Putridity

Something is very wrong, and the “authorities” are unlikely to fix it. Ostensibly, it is a financial crisis, and the financial world is surely a wreck. But the question we haven’t dealt with yet pertains to the kind of crisis…

Fed Cred

Ad fontes—to the source! “Holy Cow, Batman! What about the credit crisis?” “Well, Robin, it’s not really about money.” “Not about money?! Then what is the problem?” “Some say it is a credit crisis. Some say its a lack of…

Pride

1 Corinthians 1:17-31 Paul wasn’t interested in baptism or fancy talk. He was not out to impress anyone with his knowledge or his communication skills. He didn’t give a hoot what the world thought of him or of his preaching.…