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Day 2 Mega Crash: Dow Closes Down 530 Points

That is a 3.12% loss in a single day. 5.18% today and yesterday. To put that in perspective between 750 billion and 1 trillion dollars in market value were just wiped out in two days in the U.S. alone.

And it isn't even September yet.

It is about to get really, really ugly. CNBC is reporting that China's market is now mirroring 1929, and we could see the Chinese market crash a further 9% over just the next 4-5 days.

Again I'll ask you: is your treasure in Heaven or on earth?

You can't eat your gold, your silver, or your stocks, but God provides for His children.

I don't want you to freak out, but rather to invest where it counts while there is time.

Now it might be wise to have some cash on hand and some supplies, but don't rely on them.  Be prudent, but rely on God.  Trust in Christ.

MARANATHA!


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2 comments :

  1. WAS NOAH SAVED BY FAITH ALONE? BY STEVE FINNELL

    Those who claim they were saved by "faith alone" like to quote Hebrews 11:7 to prove they were by "faith only," just like Noah.

    Hebrews 11:7 By faith Noah, being divinely warned of things not seen, moved with godly fear, prepared an ark for saving of his household, by which he condemned the world and became heir of righteousness which is according to faith.(NKJV)

    Hebrews 11:7By faith Noah, being warned by God about things not yet seen, in reverence prepared an ark for the salvation of his household, by which he condemned the world, and became an heir of the righteousness which is according to faith.(NASB)

    Noah was not saved the minute he had faith, he was saved and became an heir of righteousness after faith plus preparing the ark.

    Noah was saved by faith plus obedience, not by faith alone.
    He was obedient by preparing the ark for saving his household. If Noah had tried being saved by "faith alone" he would have drown just like the rest of the world.

    1 Peter 3:20.....God waited in the days of Noah, while the ark was being prepared in which a few, that is, eight souls, were saved through water.(NKJV)

    Noah was not saved on dry land by "faith alone." He was saved by faith plus obedience.

    Without faith Noah and his household would not have been saved.

    Without Noah building the ark, Noah and his household would not have been saved.

    Faith plus obedience saved Noah and his household.


    Faith only advocates claim they are saved by "faith only." They reject being immersed in water in order to be saved.

    Jesus said faith plus obedience saves. Mark 16:16 "He who believes and is baptized will be saved....(NKJV)

    Noah was not saved until he built the ark and men today are not saved until they are immersed in water.

    Noah would have drown without the ark

    Men today will drown in their sins without being baptized into Christ for the forgiveness of their sins. Mark 16:16, Acts 2:38. Acts 22:16, 1 Peter 3:21, John 3:5, Romans 6:3-7, Ephesians 5:25-27, Colossians 2:12-13 and Galatians 3:27.


    YOU ARE INVITED TO FOLLOW MY BLOG. http://steve-finnell.blogspot.com

    ReplyDelete
  2. I hear you Steve, but I think you have to be careful with how you say it. The Bible is clear on Sola Fide (see Romans, Galatians, John, etc). However, saying you believe baptism is necessary doesn't mean you have to say salvation = faith + works. The Bible is clear works do not earn salvation. I would argue baptism is not a work.

    As Martin Luther would teach: we are saved BY grace THROUGH faith AT baptism. Baptism isn't a work of righteousness, it is just showing up to receive the free gift.

    We also have to be careful to follow God's heart, which is not legalistic. Christ died for all of our sins if we trust in Him.

    ReplyDelete


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