Everyone in the world is now being visibly touched by the hand of God. Thirty nations report being in a significant world recession. Divine providence will not be thwarted. The world and its nations cannot create any sustainable economy beyond the providence of its creator. Wealth is wealth by the definition of the creator. False wealth and false hope will not be achieved much less sustained.
Think about China trying to grow their economy at a double digit rate. Where are they going to find the people who will be able to manage the new business efficiently. At this time factories are closing because they are running out of cash. I don’t know of any businesses that can sustain a growth rate greater than about 8% because they are unable to generate enough cash to sustain the growth. In order to grow they need outside cash infusion which they will be unable to pay back. In the U.S. that has recently been called the credit crunch. However, it is more aptly termed “having too much debt”.
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