Update: notice I say “the church, as we know it” meaning it will look differently than it does now)
I have written many posts on the impact of the economy in relation to the fall and decay of Western society. Yet, the economic unraveling due to just plain old rampant fraud and excessive debt (though of course all a quantum size larger than man has ever known) is a symptom of something that is brewing in our culture at a much deeper level.
We are secularizing at a rapidly expanding rate. This secularizing has produced a moral crisis now in this country that is affecting everything, including the economy. Our character as a people is corroding, our morality is rusting and in fact poisonous.
As a result a culture who doesn’t stand on the pillars of the dictates of Scripture, even the most fundamental issues of morality that are necessary for societies to stand, eventually falls from within and descends into 1) chaos, and out of the chaos emerges some form of authoritarianism.
