Insight - May 12th, 2023
Insight
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12-May-2023
Today on Insight, Josh Rosenstern discusses the division in the United States on the political front particularly with regards to spending. Regarding the deadlock over the raising our debt ceiling, mortgage and lending will be greatly impacted if we are to default on our country’s debt. If this happens, it will affect every area of the economy; interest rates will spike, with regards to U. S. treasuries, which greatly effect lending rates. Some fear the housing market will crash by some 20-percent or more. Brother Josh says he is not fearful, and if that happens it will be short lived. Christians must remember our resources come from God.
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