USA - The pace at which things are changing is shocking the experts. Just a few months ago, many of the experts were still talking about how the US economy was “booming”, but since then a major shift has taken place. Most of the headlines have been about the huge stock market declines that we have been witnessing, but things have not been going well for the real economy either.
Home sales are way down, auto sales are plummeting, the retail apocalypse is escalating, the middle class continues to shrink and economic optimism is rapidly evaporating. We haven’t seen anything like this since 2008, and many believe that the economic downturn that is now upon us will ultimately be even worse than what we experienced a decade ago.
Meanwhile, more troubling news continues to emerge from Wall Street on a daily basis. One of the big stories this week has been the fact that General Electric appears to be on the verge of “collapse”. They have been completely locked out of the commercial paper market, they are being completely overwhelmed by the giant mountain of debt that they are carrying, and their formerly “investment grade” bonds are now being traded like junk.
As we saw in 2008, markets tend to go down a whole lot faster than they go up. And once things get really crazy on Wall Street, the real economy can fall apart at a pace that is breathtaking. In 2008, millions of people lost their jobs within a matter of months. This will happen again, and there are an increasing number of signs that this is going to happen much sooner than most people had anticipated.
“Just what is an APOSTLE?”
Today we find the Church of God in a “wilderness of religious confusion!”
The confusion is not merely around the Church – within the religions of the world outside – but WITHIN the very heart of The True Church itself!
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