Tag: financial crisis
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Glad we got that one solved
HT: The Economist
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Met. Nicholas on Michigan’s Economic Crisis
Greek Orthodox Metropolitan Nicholas of Detroit discusses Michigan’s severe economic decline — caused by the state’s close ties to the auto industry — and its effect on the state’s parishes in an interview with the Greek-American newspaper National Herald (available on the Orthodox Christian News site with free registration). To tell you the truth, our…
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WCC’s ‘Homespun’ Economic Fallacy
The World Council of Churches, which claims to speak for most Orthodox Churches around the globe, has formulated a number of proposals to reform the global financial system because of its inherent “injustice.” General Secretary Samuel Kobia sees the need for new transnational financial watchdog organizations that will “qualitatively regulate the growth in massive movements…