[Article written by Matt Nevins. Originally published in his email newsletter “The Lamp.”]
Our economy undergoes business cycles which acts like a wave where there are periods of expansion and retraction. Growth occurs during times of expansion until it reaches a certain maximum level, the peak of the cycle. After reaching this peak, a recession, or downward motion where growth is declining for a time (our economic system expects periods of recession to last 6 months or greater in general). If the depression continues for an unusual length of time and becomes severe, where there is a continual decline in overall growth, a depression could occur. Economics has various tools and methods to control these cycles to prevent severe periods of growth and decline. Many monitor the economy, both the monetary authority as well as the general public, and attempt to predict future activity and try to adjust accordingly. It is really interesting that people take a great deal of time to understand our economic system of growth and decline and willfully neglect to monitor the periods of spiritual growth and decline. If monitoring and certain adjustments are not made, then great times of spiritual depressions can occur in Christians which can potentially cause the losing of souls.
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