Now for the bad news. The global economy is filled with uncertainty and entering a "dangerous phase." Italy is on the verge of economic turmoil (or perhaps is in it already). Since Vatican City is located in Italy it should be of some concern for the Vatican. I don't want to be the bearer of bad news, but economic instability can cause civil disobedience or worse. I follow business news as I find it interesting and this online article at CNN Money is cause for concern, "Europe is heading for recession. China is battling its own economic demons. And with the U.S. also facing problems at home (9% unemployment anyone?) it's hardly in a position to help. Without a white knight to step in and save the day, will we all go down together? 'The global economy has entered a dangerous and uncertain phase,' cautioned Monetary Fund Managing Director Christine Lagarde this morning in Beijing." More words of concern from her, "If we do not act and act together we could enter a downward spiral of uncertainty, financial instability and a collapse in global demand."
We have to act together. That's so true. Everyone, in my opinion. Rich, middle class, billionaires, millionaires, politicians, business leaders, CEO's, corporations and religious leaders. Everyone has to work together to bring stability to the economic world situation.
The world needs prayer now more than ever but it also needs leaders who can provide innovative and creative solutions that work, common sense approaches and compassionate leadership.