Faith and the Greek Financial Crisis

As a minister who is also a finance person, I’ve been following and reflecting on the Greek financial crisis. I believe it’s important to follow world events. Besides, these situations affect us all and are interesting. The Greek financial situation is a crisis of faith. There are estimates that the European Union will need to invest upward of 74B euro to cover the Greek debt. The Greeks are asking for about 53B euro ($59B). With the Greek economy in a recession, there is little chance the Greeks will work their way of out debt without a financial package. This a matter of faith because the Greeks have followed their political leaders for decades on blind faith. The Greeks have demonstrated a denial of faith in modern economic realities. They’ve placed their faith in alternative realities that are not aligned with sound fiscal policies and governance. Among these are unrestrained tax evasion (esp. among the middle-class), unsustainable retirement payouts, and rampant corruption in government institutions. People of faith should pay attention to Greece. The crisis reinforces our need to live according to the realities that we face and not turn a deaf ear to those parts of our experience that we’d rather not deal with. There’s a verse in the Bible that says, “faith without works is dead.” The early Church tried to censor the writer, James. Living in faith, however, means working through difficulties honestly…even through the hard times. Are you facing the crises in your life with honesty, allowing your faith to lead you? Do you face realities squarely? Or are you living in alternative realities? I encourage you to face your daily challenges with eyes wide open. Take honest action steps as situations demand. This may not avert every crisis. But, at least your faith will be grounded in truth and reality. May the choicest blessings come your way, x


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