Pope On Financial Turmoil
- By Rajwin Singh
- Published 10/7/2008
Rajwin Singh, 21 tall dark and handsome (Wow!!) is a FAT Christian - Faithful, Available and Teachable. He is real, relevant, relational and radical in pursuing the will of God for his life. He means business with God and wants to be a Jesus look-a-like. His favorite verse is: If anyone is in Christ, he is a new creation, old things pass away behold all things are new. 2 Corinthians 5:17. His favourite books are the Bible, Sergio Scataglini's "The Twelve Transgression" and Lawrence Seow "Our Finest Hour" and he enjoys listening to Gospel Rock!!! Rajwin is a Singaporean 'pekka punjabi' who needs his regular diet of dhall and roti, chicken curry and all food punjabi or indian, including desi tea with spices. Rajwin attends the South Asian International Fellowship Sunday Services from 5.00 – 7.00 pm at the Chapel for All Peoples of St Andrew's Cathedral, 11 St Andrew's Road, Singapore 178959 - directly above City Hall MRT Station in Singapore.
'We see it now in the collapse of the great banks that money disappears, it's nothing,' said Pope Benedict.
VATICAN CITY - POPE Benedict said on Monday that the global financial crisis showed that faith in God trumped a lifetime spent pursuing material wealth.
'We see it now in the collapse of the great banks that money disappears, it's nothing,' the Pontiff said.
The global financial turmoil, the worst since the Great Depression, has wiped away hundreds of billions of euros (dollars) in shareholder wealth and felled banking institutions that just months ago seemed untouchable.
The pontiff, using a biblical metaphor, said people who ignored the word of God to pursue wealth had effectively built their homes on sand instead of on a solid foundation of faith.
It was a possible reference to the collapse of the US housing market, which triggered the financial crisis.
'Whoever builds his life on this reality, on material things, on success ... builds (his house) on sand. Only the word of God is the foundation of all reality,' he said. --
Source - REUTERS