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Are we headed toward Depression?
In 1921, we had a severe depression. It's no longer part of America's collective consciousness because it only lasted about a year and was followed by a time of then-unprecedented prosperity that we remember as the Roaring 20s. In 1930 another depression began. That one lasted over a decade and only "ended" because World War II broke out. What caused one to pass so quickly and the other to drag on until it left a scar on the American psyche?
In the depression of 1921, the government did nothing.
In the Great Depression of the 1930s, the government did everything.
Typically, what happens in a recession/depression is that people lose jobs, prices and wages fall, weak businesses fail. But when wages fall far enough, companies are able to hire again. As prices fall, workers are able to make purchases again. As the weak businesses fail, the strong businesses rise to the top and some of the businesses that went bankrupt are bought by new owners and have another chance to succeed.
For the rest of the article Goto: Path to another depression?
Intercessors our country seems to be on the brink of economic disaster. With the unemployed ranks rising, housing market in a slump, and the government trying to stabilize things, the economy continues to struggle. In the natural it would appear that we are headed into a time of testing for not only our country but the world as well. What are we to do as Christians? Give up and endure the ride with the hope that things will be all right in a couple years. I think not. We are intercessors and will shape the course of history. God hears the cries of His remnant people. God can change the heart of a nation in a single day. Remember Jonah and Nineveh.
I would contend that we are headed into a time of great harvest. Even as the world around us continues to slide into uncertain times, people will turn their hearts toward God, genuinely repent, and turn from their wicked ways. I see great things ahead in the spiritual realm.
Pray President Obama would be give revelation about the country.
Pray that Presedent Obama would be given a Joseph or a Daniel as advisors.
Pray for workers during the great harvest.
Pray 2 Cronicles 7:14
2 Cron 7:14 If my people, who are called by my name, will humble themselves and pray and seek my face and turn from their wicked ways, then will I hear from heaven and will forgive their sin and will heal their land.
In 1921, we had a severe depression. It's no longer part of America's collective consciousness because it only lasted about a year and was followed by a time of then-unprecedented prosperity that we remember as the Roaring 20s. In 1930 another depression began. That one lasted over a decade and only "ended" because World War II broke out. What caused one to pass so quickly and the other to drag on until it left a scar on the American psyche?In the depression of 1921, the government did nothing.
In the Great Depression of the 1930s, the government did everything.
Typically, what happens in a recession/depression is that people lose jobs, prices and wages fall, weak businesses fail. But when wages fall far enough, companies are able to hire again. As prices fall, workers are able to make purchases again. As the weak businesses fail, the strong businesses rise to the top and some of the businesses that went bankrupt are bought by new owners and have another chance to succeed.
For the rest of the article Goto: Path to another depression?
Intercessors our country seems to be on the brink of economic disaster. With the unemployed ranks rising, housing market in a slump, and the government trying to stabilize things, the economy continues to struggle. In the natural it would appear that we are headed into a time of testing for not only our country but the world as well. What are we to do as Christians? Give up and endure the ride with the hope that things will be all right in a couple years. I think not. We are intercessors and will shape the course of history. God hears the cries of His remnant people. God can change the heart of a nation in a single day. Remember Jonah and Nineveh.
I would contend that we are headed into a time of great harvest. Even as the world around us continues to slide into uncertain times, people will turn their hearts toward God, genuinely repent, and turn from their wicked ways. I see great things ahead in the spiritual realm.
Pray President Obama would be give revelation about the country.
Pray that Presedent Obama would be given a Joseph or a Daniel as advisors.
Pray for workers during the great harvest.
Pray 2 Cronicles 7:14
2 Cron 7:14 If my people, who are called by my name, will humble themselves and pray and seek my face and turn from their wicked ways, then will I hear from heaven and will forgive their sin and will heal their land.
