There's an elephant in the room and it's going to rampage one day soon whether we talk about it nor not. That elephant is the consumer debt crisis.
It's hard to wrap your head around there being a consumer debt crisis when the economy seems to be doing so well...that is until you realize the economy is doing so well ( in part) because consumers keep borrowing money. We're not pouring cash into the economy, we' racking up loans instead and the creditors are thrilled with us...for now. But it won't be long before the elephant rampages and when it starts it will knock things off-kilter in every direction. This elephant doesn't discriminate and it will stop at nothing but cold, hard cash.
Mortgages, auto loans, credit cards, and student loans have ballooned total consumer debt to $14 trillion, and this number is only trending upward. The easy credit economy (manufactured by lending...
If it all belongs to Him, why are we living as if it belongs to us? Are you being a good Asset Manager? How we perceive MONEY impacts every area of life! It's time to BREAK THE CHAINS...for the love of God!