Archive for October, 2008
Wednesday, October 8th, 2008
Financial leverage: The degree to which an investor or business is utilizing borrowed money. The last 25 years have been all about leveraging and leveraging is all about probabilities with one exception. That exception happens with Our Heavenly Father tells you to borrow. Borrowing is not a sin. There ...
Posted in Biblical Economics & Money | Comments Off on De-leveraging Realities
Monday, October 6th, 2008
In Proverbs 22:7 we are told: "The rich ruleth over the poor, and the borrower [is] servant to the lender." In the early 1980's the credit bubble began. Mortgage securitization also began in earnest. The following is the big picture: 1971 The elimination of the gold standard allowing for ...
Posted in Biblical Economics & Money | Comments Off on Run on the Banks?
Thursday, October 2nd, 2008
...and you will know the truth, and the truth will set you free... What is truth? It is that candor of mind which is free from affection, pretence, simulation, falsehood, and/or deceit in any matter under consideration. The moment Paulson asked for a blank check free from any ...
Posted in Biblical Economics & Money | Comments Off on Truth… Where is it?
Wednesday, October 1st, 2008
Is the financial flood ready to come? Lamech (in the Scripture) lived 777 years. He was Noah's dad. Plastered all over the New England newspapers was the number- 777. With over one quadrillion dollars in outstanding derivatves (1,000,000,000,000,000), the global financial system is a house of cards and people are ...
Posted in Biblical Economics & Money | Comments Off on 777