Having just remembered the 100th anniversary of the sinking of the Titanic, it is worth asking: Just how much danger is America in economically and spiritually? Are we facing decline, or outright collapse? Can we turn our ship of state around before we hit the icebergs ahead, or are we on the economic equivalent of the Titanic and going full steam ahead?
On June 12th, my new non-fiction book – Implosion: Can America Recover From Its Economic And Spiritual Challenges In Time? – releases nationwide. On Saturday, June 16th, we’ll host a live, nationwide “Implosion Simulcast” to discuss these urgent questions. We’ll consider the research in Implosion, explore the history of the Great Awakening and the Second Great Awakening that saved America from disaster in the 18th and 19th centuries, and discuss the possibility of a Third Great Awakening. I hope you and your church will register for this national simulcast.
That said, the issues are so important and the stakes are so high I don’t want to wait until June to draw attention to them. So from time to time I’m going to post “Implosion Updates” with links to news stories I think you should be aware of. Here is a link to installment #1. May these reports motivate you and your family and friends to pray and fast for the Lord to have mercy on America and to unleash the magnitude of spiritual and moral revivals we need from coast to coast to save our nation and protect us from disaster. “If My people who are called by My name humble themselves and pray and seek My face and turn from their wicked ways, then I will hear from heaven, will forgive their sin and will heal their land.” (2 Chronicles 7:14)
KEY RECENT HEADLINES WORTH TRACKING:
- Federal debt tops $15 trillion (ABC News)
- Obama’s budget would add $6.4 trillion to debt says CBO (CNN)
- Senate leaders refuse to pass budget for third year in a row (Washington Times)
- Bloomberg: Social Security heading for bankruptcy sooner than previously expected – “The budget outlook for Social Security is getting dimmer, the U.S. government said, with its primary trust fund now projected to run dry three years sooner than anticipated. The fund that helps finance benefits for 44 million senior citizens and survivors of deceased workers will be exhausted by 2035, the program’s trustees said in an annual report yesterday. Aid would have to be cut at that point if Congress doesn’t intervene. Social Security’s disability program, which helps support 11 million Americans, will run through its trust fund in 2016, two years earlier than predicted. The report attributed the fiscal stress in part to the weak economy….”
- American Airlines goes bankrupt (Ft. Worth Telegram)
- Foreign holdings of US debt hit record high (AP)
- US futures slide on economic tremors from Europe (AP)