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Seeking Refuge in a Precarious Economy

Seeking Refuge in a Precarious Economy

Timothy Zebell

In 2010, Former Chairman of the Federal Reserve, Ben Bernanke, warned that monetary policies are on an “unsustainable path.” Similarly, former financial consultant for Fortune 100 companies and founder of Dent Research, Harry Dent, believes that the U.S. economy is set for a “shakeout more painful than anything we’ve seen before” with “the worst stock decline since 1930–1932” and a “fragile U.S. real estate market [that] is now ripe for an even bigger fall.” Likewise, bestselling financial author, Robert Wiedemer, has anticipated “50 percent unemployment, a 90 percent stock market drop, and 100 percent annual inflation,” while director of Marc Faber Ltd., Marc Faber, expects “massive wealth destruction.” With numerous economists warning of a looming crisis of epic proportions, where should we turn for financial refuge?

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Timothy Zebell

Timothy Zebell

As a former missionary to Asia for twelve years and the author of several books, Timothy is passionate about helping people understand the relevancy of God's Word in today's world. His goals are to help Christians discern truth from error, empower Christians to speak into cultural matters with relevancy, and to help Christians capitalize on the opportunities that these matters provide for sharing the truth about God and His gospel message.