How Do Christians Behave in Tough Times?
How Do Christians Behave in Tough Times?
Charles Colson
Across America, hundreds of thousands are walking away from their homes-unable to make mortgage payments. Defaults and foreclosures are skyrocketing, as housing prices continue to decline. As a result of the sub-prime mortgage crisis, the economy is being hammered, credit markets around the world shaken. Before it is over, sub-prime defaults may reach two to three hundred billion dollars, and trillions may be taken out of the economy.
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[...] Techspectacular.com wrote an interesting post today onHere’s a quick excerpt How Do Christians Behave in Tough Times? Charles Colson Across America, hundreds of thousands are walking away from their homes-unable to make mortgage payments. Defaults and foreclosures are skyrocketing, as housing prices continue to decline. As a result of the sub-prime mortgage crisis, the economy is being hammered, credit markets around the world shaken. Before it is over, sub-prime defaults may reach two to three hundred billion dollars, and trillions may be taken out of the econo [...]
I looked at his article, half expecting to find a conclusion that Christians had a lower default or walk-away rate. But maybe all people regardless of their faith believed in a nice home for their children and it was the sellers of these mortgages that were less than ethical.
Joe