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The Great Financial Crisis: A biblical diagnosis
The self-destructive tendency of a debt-based financial system is being retaught with a vengeance by the current financial crisis. To diagnose our current plight, this paper expounds the biblical teaching on debt, interest, and finance; explains what is really going on from a relational perspective; and draws applications for the Christian, the church, and society.
Debt, Interest, and Finance
The financial crisis working its way through the US and Europe, mutating as it goes, demonstrates once more the dangers that debt-based finance poses to savers and taxpayers.
Affordable housing
The government has unveiled plans to address the lack of affordable homes and increase the number of first-time buyers. A £400 million fund will be used to restart stalled building schemes, and buyers will be able to borrow 95 percent of the new home's value, with the government underwriting part of the risk.