Wednesday, April 23, 2008
My truck is paid off but the gas prices are killing me. I don't drive that much and its over $300 per month, not including my wife's car. So what does this project to as a national economy? Recession seems inevitable, will it go way beyond that? A nation already ruled by fear and over-spending with no margins by individuals and the government, what will be the consequences?
How will this impact churches and mortgages and credit lines that can't be fed? As builders pass on who are the committed givers what is left? 1/2 of boomers are there to give and the other 1/2 are driven past their financial margins with consumerism and can't help. Gen X and Millenials have very little value in long term comittments, are all about instant gratification and consumerism is their native language. Commonly this group of up and comers are living on 125-140% of their income taking on exponential debt per year. What will be the result of these decisions having no margins when the shoe drops?
Will American churches go the way of their European counterparts? Becoming really funky coffee houses, restaraunts, art galleries and dance clubs. Just things I wonder about.