Thursday, April 23, 2009

Christian Values in Economics: Shake ups

©Millie McNabb

When I was in elementary school, my sister had friends over for a slumber party at our house. My mother was awakened to the bathroom mirror banging on the wall, and wondered, “What are those girls up to now?” We were having an Idaho earthquake.

I don’t think of Idaho as being earthquake-prone, but I just read that it’s the sixth most likely state to have an earthquake. To my knowledge, there are no visible fault lines like those along California’s San Andreas fault. The earthquake I described above was one of the largest in recent US history, yet only 28 people died as it was in a rural area.

There are some similarities between earthquakes and the economy. Sometimes the risk of an investment is obvious, like the San Andreas fault. There is constant shifting that reveals the risk. If we choose high risk, it means the opportunity both for spectacular gain and for spectacular loss. Although there may not be a specific word in Scripture about an investment, we are to be wise. “The wise are cautious and avoid danger; fools plunge ahead with great confidence.” (Proverbs 14:16)

The earthquakes in Idaho are few and far between, but they tend to be significant when they happen. This is similar to the economic situation where we become complacent, not being as careful as we might be. Our country has enjoyed prosperity which has allowed us to recover more easily from financial mistakes.
"But that is the time to be careful! Beware that in your plenty you do not forget the LORD your God and disobey his commands, regulations, and laws.”
Deuteronomy 8:11

Earthquakes are quite localized, although they may be felt at some distance. Economic downturns can also be quite localized, although the media gives them a flavor of being widespread. Currently, for example, 60% of the home foreclosures are in 5 states. If you are in one of those five states, or if it’s your house, it has significant impact. The temptation is to take in fear whether the danger is real or not. “For God hath not given us the spirit of fear; but of power, and of love, and of a sound mind.” II Timothy 1:7

Our children pick up on our perspective by how we act in the face of the current shaking of the economy. Are we passing on fear or Christian values to our children?

God bless….

Millie McNabb, founder of Christian Values Legacy, offers parenting seminars that focus on passing on your Christian values. Request your free report “Considerations for Intentionally Raising Children to Become Christian Adults” today at www.ChristianValuesLegacy.com.

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