CNBC Opinion Editorial:
"The debts that are in this country are skyrocketing," he said. "In the last three years the government has spent staggering amounts of money and the Federal Reserve is taking on staggering amounts of debt. When the problems arise next time…what are they going to do? They can’t quadruple the debt again. They cannot print that much more money. It’s gonna be worse the next time around."
Opinion:
I debated for a while as to whether to publish this post. Many secular pundits and analysts are warning of a financial apocalypse based on the almost inexplicable way our government is spending gigantic amounts of money. Loans/gifts to European nations, expanded financial entitlement programs and wasted money on idiotic earmarks while borrowing at previously unheard of amounts. I decided to publish it as a warning and pray that none of the calamities the article mentions actually happen.
There are over 800 Godly principles on money in the Bible. A simple but profound Bible passage that fits the debt problem that is plaguing our nation is found in Proverbs 22:7 "The rich rules over the poor, And the borrower is servant to the lender." As Christians we know to cast all of our cares upon the only One who can deal with them. Click on the comforting words of Paul in Romans 8:31-38 in times of fear and uncertainty, the passage starts with "If God is for us, who can be against us?...."