by John Aquila 4 Replies latest watchtower beliefs
The Financial collapse that might happen in Greece---Could it happen in the U.S.
If so, how would it affect the Watchtower?
Or is the WT impervious to everything?
According to two JW elders, Jehovah will protect the Watchtower no matter what happens because they are being used to spread the Good news.
The Financial collapse that might happen in Greece---Could it happen in the U.S.
It almost was. We can thank the Obama administration for coming up with a ballsy plan that worked to keep us out of that mess brought on by 8 long years of Bush-Cheney fiscal ineptitude.
The main meal of the WT is publisher donations, without these there wouldn't be any fancy printery buildings or luxurious offices and pricey living quarters, etc. The donations are the life-blood of the WT. If these dry up the WT religious empire is not sustainable.
It almost was. We can thank the Obama administration for coming up with a ballsy plan that worked to keep us out of that mess brought on by 8 long years of Bush-Cheney fiscal ineptitude.
What would you say were the main “Things” that Obama did that kept us out of that mess?
I was still a JW 2 years ago so I never paid any attention to what Presidents did.
Financial booms and busts are part of the market cycle and were known already in the 19th century as a natural course of the economy. Economic collapses happened in every type of economy everywhere, from Roman Empire to medieval European economy to industrial economies of the 19th to 21st century. What we see is happening is return to normal cycle of economy after robust stock growth in the last seven years (while incomes have not grew up), and market corrections are inevitable. Some economists already describe the economy of the 21st century as a return to cycle of several years of growth followed by recession to similar phenomena that happened between 1870 and 1907 with on and off economic growth. Income grew only due better productivity and plunging value of raw materials.
Recession will hit WT money flow as there will be less donations and much of the real estate won't be worth much. Some sales were KH were postponed after 2008 recession due plunging values. In Prague, the local bethel suppose to be sold in 2009 after its closure, but collapse of the real estate prices and weakening Czech crown made this sale less profitable. The branch sale was postponed indefinitely and what I have heard because the value is less than was six years ago.
kaik
Recession will hit WT money flow as there will be less donations and much of the real estate won't be worth much. Some sales were KH were postponed after 2008 recession due plunging values. In Prague, the local bethel suppose to be sold in 2009 after its closure, but collapse of the real estate prices and weakening Czech crown made this sale less profitable. The branch sale was postponed indefinitely and what I have heard because the value is less than was six years ago.
That's a good thing. It's called the good new that will be preached worldwide!
