Sunday, September 14, 2008

Wall Street is Gripped with Fear

Over the weekend, Wall Street was cancelling get-aways and trying to figure out how deep this whole financial unwinding is going to go. Here a few quotes from a New York Times article today titled NATIONS FINANCIAL INDUSTRY GRIPPED BY FEAR.

"It was, by all accounts, a day unlike anything Wall Street had ever seen."

"A year into the financial crisis, few dreamed that the situation would spiral down so far, so fast."

The bible talks about a time when all the wealth of the world will disappear in an instant. I don't think it is this time as I believe that passage is talking about a time during the tribulation. But I do believe that God give's warnings and foreshadowings of what is to come...if only we would listen.

Read the NYT article here; http://www.nytimes.com/2008/09/15/business/15street.html?ref=business

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