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(Bloomberg) Global Public Debt to Hit $100 Trillion by End of 2024, IMF Says

Global public debt is set to reach $100 trillion, or 93% of global gross domestic product, by the end of this year, driven by the US and China, according to new analysis by the International Monetary Fund.

In its latest Fiscal Monitor — an overview of global public finance developments — the IMF said it expects debt to approach 100% of GDP by 2030, and it warns that governments will need to make tough decisions to stabilize borrowing.

Debt is tipped to increase in the US, Brazil, France, Italy, South Africa and UK, according to the IMF report, which urges governments to rein in debt.

“Waiting is risky: country experiences show that high debt can trigger adverse market reactions and constrains room for budgetary maneuver in the face of negative shocks,” it said.

Read it all (registration or subscription).

Posted in * Economics, Politics, Economy, Ethics / Moral Theology, Politics in General, The National Deficit

A Prayer for the Feast Day of Teresa of Avila

O God, who by thy Holy Spirit didst move Teresa of Avila to manifest to thy Church the way of perfection: Grant us, we beseech thee, to be nourished by her excellent teaching, and enkindle within us a lively and unquenchable longing for true holiness; through Jesus Christ, the joy of loving hearts, who with thee and the same Holy Spirit liveth and reigneth, one God, for ever and ever.

Posted in Church History, Spirituality/Prayer

A Prayer to Begin the Day from Christina Rossetti

O Lord God of time and eternity, who makest us creatures of time that, when time is over, we may attain thy blessed eternity: With time, thy gift, give us also wisdom to redeem the time, lest our day of grace be lost; for our Lord Jesus’ sake.

Posted in Spirituality/Prayer

From the Morning Scripture Readings

Now the word of the LORD came to Jonah the son of Amit’tai, saying, “Arise, go to Nin’eveh, that great city, and cry against it; for their wickedness has come up before me.” But Jonah rose to flee to Tarshish from the presence of the LORD. He went down to Joppa and found a ship going to Tarshish; so he paid the fare, and went on board, to go with them to Tarshish, away from the presence of the LORD.

–Jonah 1:1-3

Posted in Theology: Scripture

(Church Times) Interview: Roger Greene, deputy CEO, AtaLoss

AtaLoss was founded in 2016 by Canon Yvonne Tulloch. When she was suddenly widowed, she realised how little she and those around her knew about bereavement, its difficulties and needs, and how hard it was to find understanding support. Yvonne had been trained in funeral ministry, but grief tends to be felt most in the months following the funeral.
 

As a society, we’ve not been good at talking about deathWe’re loss-averse and death-denying. The two world wars and medical and economic advances are the major causes of our death denial. Death’s an inconvenient truth, and we avoid talking about it because it’s too painful. In a culture where we worship at the altar of success, losing people feels like failure.
 

We don’t even realise that we need to deal with grief, though it affects our lives so deeply.
 

We’re beginning to realise that change is needed, though, and there’s talk in the media about death, but this tends to be about preparing for death, not grief. We need to understand bereavement better — its profound impact on our physical and mental health — to help those left behind.

Read it all (registration or subscription).

Posted in Corporations/Corporate Life, Death / Burial / Funerals, Psychology

Kendall Harmon’s Sunday sermon–What happens when Saint Paul takes a detour to encourage his readers in Ephesians 3:1-13?

You may listen directly here:

Or you may download it there

.

Posted in * By Kendall, * South Carolina, Ecclesiology, Ministry of the Ordained, Preaching / Homiletics, Sermons & Teachings, Theology, Theology: Scripture

(Washington post) Captured documents reveal Hamas’s broader ambition to wreak havoc on Israel

Years before the Oct. 7, 2023, attack, Hamas’s leaders plotted a far deadlier wave of terrorist assaults against Israel — potentially including a Sept. 11-style toppling of a Tel Aviv skyscraper — while they pressed Iran to assist in helpingachieve their vision of annihilating the Jewish state, according to documents seized by Israeli forces in Gaza.

Electronic records and papers that Israeli officials say were recovered from Hamas command centers show advanced planning for attacks using trains, boats and even horse-drawn chariots — though several plans were ill-formed and highly impractical, terrorism experts said. The plans anticipate drawing in allied militant groups for a combined assault against Israel from the north, south and east.

The trove of documents includes an annotated, illustrated presentation detailing possible options for an assault as well as letters from Hamas to Iran’s top leaders in 2021 requesting hundreds of millions of dollars in funding and training for 12,000 additional Hamas fighters.It is unclear whether Iran knew of the planning document or responded to the letters, but Israeli officials view the requests as part of a larger effort by Hamas to draw its Iranian allies into the kind of direct confrontation with Israel that Tehran has traditionally sought to avoid.

The 59 pages of letters and planning documents in Arabic obtained by The Washington Post represent a fraction of the thousands of records that Israel Defense Forces say they have seizedsince Israel’s ground invasion of Gaza began Oct. 27

Read it all.

Posted in Foreign Relations, History, Iran, Israel, Middle East, Military / Armed Forces, Terrorism

(NYT) Can the Government Get People to Have More Babies?

Why should countries care about shrinking populations at a time of climate change, increasing risk of nuclear catastrophe and the prospect of artificial intelligence taking over jobs? At a global level, there is no shortage of people. But drastically low birthrates can lead to problems in individual countries.

Tomáš Sobotka, one of the authors of the U.N. report and a deputy director at the Vienna Institute of Demography, does a back-of-the-envelope calculation to illustrate the point: In South Korea, which has the lowest birthrate in the world at 0.72 children per woman, just over a million babies were born in 1970. Last year, 230,000 were. It’s obviously too simple to say that each person born in 2023 will, in their prime working years, have to support four retired people. But in the absence of large-scale immigration, the matter will be “extremely difficult to organize and deal with for Korean society,” said Mr. Sobotka.

Similar concerns arise from Italy to the United States: working-age populations outnumbered by the elderly; towns emptying out; important jobs unfilled; business innovation faltering. Immigration could be a straightforward antidote, but in many of the countries with declining birthrates, accepting large numbers of immigrants has become politically toxic.

Across Europe, East Asia and North America, many governments are, like Japan, introducing measures like paid parental leave, child care subsidies and direct cash transfers. According to the U.N., the number of countries deliberately targeting birthrates rose from 19 in 1986 to 55 by 2015.

Read it all.

Posted in Children, Marriage & Family, Politics in General

A Prayer for the Feast Day of Samuel Isaac Joseph Schereschewsky

O God, who in thy providence didst call Joseph Schereschewsky from his home in Eastern Europe to the ministry of this Church, and didst send him as a missionary to China, upholding him in his infirmity, that he might translate the holy Scriptures into languages of that land: Lead us, we pray thee, to commit our lives and talents to thee, in the confidence that when thou givest thy servants any work to do, thou dost also supply the strength to do it; through Jesus Christ our Lord, who liveth and reigneth with thee and the Holy Spirit, one God, for ever and ever.

Posted in China, Church History, Germany, Spirituality/Prayer

A Prayer to Begin the Day from the ACNA Prayerbook

O God, our refuge and strength, true source of all godliness: Graciously hear the devout prayers of your Church, and grant that those things which we ask faithfully, we may obtain effectually; through Jesus Christ our Lord, who lives and reigns with you and the Holy Spirit, one God, now and for ever.  Amen.

Posted in Spirituality/Prayer

From the Morning Bible Readings

Blessed is the man who walks not in the counsel of the wicked, nor stands in the way of sinners, nor sits in the seat of scoffers; but his delight is in the law of the LORD, and on his law he meditates day and night. He is like a tree planted by streams of water, that yields its fruit in its season, and its leaf does not wither. In all that he does, he prospers.

–Psalm 1:1-3

Posted in Theology: Scripture

A Prayer for the day from the Church of England

God, the giver of life,
whose Holy Spirit wells up within your Church:
by the Spirit’s gifts equip us to live the gospel of Christ
and make us eager to do your will,
that we may share with the whole creation
the joys of eternal life;
through Jesus Christ our Lord.
Amen.

Posted in Spirituality/Prayer

From the Morning Scripture Readings

Happy is he whose help is the God of Jacob,
whose hope is in the Lord his God,
who made heaven and earth,
the sea, and all that is in them;
who keeps faith for ever;
who executes justice for the oppressed;
who gives food to the hungry.

–Psalm 146:5-7

Posted in Theology: Scripture

A Prayer for the Feast Day of Edith Cavell

Living God, who art the source of all healing and wholeness: we bless thee for the compassionate witness of thy servant Edith Cavell. Inspire us, we beseech thee, to be agents of peace and reconciliation in a world beset by injustice, poverty, and war. We ask this through Jesus Christ, the Prince of Peace, who livest and reignest with thee and the Holy Ghost, one God, unto the ages of ages. Amen.

Posted in Church History, Death / Burial / Funerals, Health & Medicine, Spirituality/Prayer

A Prayer for the day from William Temple

We pray Thee, O Lord, to purify our hearts that they may be worthy to become Thy dwelling place.  Let us never fail to find room for Thee, but come and abide in us that we also may abide in Thee, Who as at this time wast born into the world for us, and dost live and reign, King of kings and Lord of Lords, now and for evermore.     

Posted in Spirituality/Prayer

From the Morning Bible Readings

Now you are walled about with a wall; siege is laid against us; with a rod they strike upon the cheek the ruler of Israel. But you, O Bethlehem Eph’rathah, who are little to be among the clans of Judah, from you shall come forth for me one who is to be ruler in Israel, whose origin is from of old, from ancient days. Therefore he shall give them up until the time when she who is in travail has brought forth; then the rest of his brethren shall return to the people of Israel. And he shall stand and feed his flock in the strength of the LORD, in the majesty of the name of the LORD his God. And they shall dwell secure, for now he shall be great to the ends of the earth.

–Micah 5:1-4

Posted in Theology: Scripture

(BBC) New bishop of Sodor and Man consecrated in York

The new bishop of Sodor and Man has been ordained and consecrated at a ceremony in York Minster.

The Venerable Patricia Hillas has taken over from the Right Reverend Peter Eagles, who was in post from 2017 until his retirement in October last year.

Ven Hillas was born in Malaysia and grew up in Lincolnshire, and has served as chaplain to the speaker of the House of Commons as well as being the Archdeacon and Canon of Westminster Abbey.

The ceremony, which saw three new bishops ordained and consecrated by Archbishop of York Stephen Cottrell, took place earlier.

Read it all.

Posted in Church of England (CoE), CoE Bishops

(FA) Nicholas Eberstadt–The Age of Depopulation–Surviving a World Gone Gray

Although few yet see it coming, humans are about to enter a new era of history. Call it “the age of depopulation.” For the first time since the Black Death in the 1300s, the planetary population will decline. But whereas the last implosion was caused by a deadly disease borne by fleas, the coming one will be entirely due to choices made by people.

With birthrates plummeting, more and more societies are heading into an era of pervasive and indefinite depopulation, one that will eventually encompass the whole planet. What lies ahead is a world made up of shrinking and aging societies. Net mortality—when a society experiences more deaths than births—will likewise become the new norm. Driven by an unrelenting collapse in fertility, family structures and living arrangements heretofore imagined only in science fiction novels will become commonplace, unremarkable features of everyday life.

Human beings have no collective memory of depopulation. Overall global numbers last declined about 700 years ago, in the wake of the bubonic plague that tore through much of Eurasia. In the following seven centuries, the world’s population surged almost 20-fold. And just over the past century, the human population has quadrupled.

The last global depopulation was reversed by procreative power once the Black Death ran its course. This time around, a dearth of procreative power is the cause of humanity’s dwindling numbers, a first in the history of the species. A revolutionary force drives the impending depopulation: a worldwide reduction in the desire for children.

Read it all.

Posted in * Culture-Watch, Anthropology, Children, Ethics / Moral Theology, History, Marriage & Family, Pastoral Theology, Secularism, Theology

(Bloomberg) US Consumer Spending Is Increasingly Driven by Richer Households

The consumers powering U.S. economic growth are increasingly those who are higher up the income ladder and likely enjoying a wealth effect from asset-price gains, according to research by Federal Reserve economists.

In the two pre-pandemic years, average household consumption was growing at a similar pace across all income groups, the new Fed study of retail spending shows. But since then, spending patterns have diverged sharply.

In the initial Covid period through mid-2021, low-income households increased spending faster than others with the help of public stimulus programs. But their consumption fell back after the last pandemic checks went out, while middle- and especially higher-income Americans have powered ahead. Overall, since the start of 2018, high-earning households raised spending more than twice as much as the low-income group. 

Read it all.

Posted in * Economics, Politics, Consumer/consumer spending, Economy, Personal Finance & Investing

The Cardinal Archbishop of Westminster’s Pastoral Letter on Assisted Suicide (to be read in all parishes this weekend)

As this debate unfolds there are three points I would like to put before you. I hope that you will take part in the debate, whenever and wherever you can, and that you will write to your Member of Parliament.

The first point is this: Be careful what you wish for.

No doubt the bill put before Parliament will be carefully framed, providing clear and very limited circumstances in which it would become lawful to assist, directly and deliberately, in the ending of a person’s life. But please remember, the evidence from every single country in which such a law has been passed is clear: that the circumstances in which the taking of a life is permitted are widened and widened, making assisted suicide and medical killing, or euthanasia, more and more available and accepted. In this country, assurances will be given that the proposed safeguards are firm and reliable. Rarely has this been the case. This proposed change in the law may be a source of relief to some. But it will bring great fear and trepidation to many, especially those who have vulnerabilities and those living with disabilities. What is now proposed will not be the end of the story. It is a story better not begun.

The second point is this: a right to die can become a duty to die.

A law which prohibits an action is a clear deterrent. A law which permits an action changes attitudes: that which is permitted is often and easily encouraged. Once assisted suicide is approved by the law, a key protection of human life falls away. Pressure mounts on those who are nearing death, from others or even from themselves, to end their life in order to take away a perceived burden of care from their family, for the avoidance of pain, or for the sake of an inheritance.

Read it all.

Posted in Aging / the Elderly, Anthropology, Death / Burial / Funerals, England / UK, Ethics / Moral Theology, Law & Legal Issues, Life Ethics, Pastoral Theology, Religion & Culture, Roman Catholic, Theology

A Prayer for the Feast Day of Philip the Deacon

Holy God, no one is excluded from thy love; and thy truth transformeth the minds of all who seek thee: As thy servant Philip was led to embrace the fullness of thy salvation and to bring the stranger to Baptism, so grant unto us all the grace to be heralds of the Gospel, proclaiming thy love in Jesus Christ our Savior, who liveth and reigneth with thee and the Holy Spirit, one God, now and forever. Amen.

Posted in Church History, Spirituality/Prayer

A Prayer for the day from Bishop Thomas Wilson

Give me, O God, the spirit of true devotion, such as may give life to all my prayers, so that they may find acceptance in Thy sight.  By Thy Almighty power, O King of heaven, for the glory of Thy Name, and for the love of a Father, grant me all those blessings which Thy Son taught us to pray for.     

–Frederick B. Macnutt, The prayer manual for private devotions or public use on divers occasions: Compiled from all sources ancient, medieval, and modern (A.R. Mowbray, 1951)

Posted in Spirituality/Prayer

From the Morning Bible Readings

Soon afterward he went on through cities and villages, preaching and bringing the good news of the kingdom of God. And the twelve were with him, and also some women who had been healed of evil spirits and infirmities: Mary, called Mag′dalene, from whom seven demons had gone out, and Jo-an′na, the wife of Chu′za, Herod’s steward, and Susanna, and many others, who provided for them out of their means.

And when a great crowd came together and people from town after town came to him, he said in a parable: “A sower went out to sow his seed; and as he sowed, some fell along the path, and was trodden under foot, and the birds of the air devoured it. And some fell on the rock; and as it grew up, it withered away, because it had no moisture. And some fell among thorns; and the thorns grew with it and choked it. And some fell into good soil and grew, and yielded a hundredfold.” As he said this, he called out, “He who has ears to hear, let him hear.”

And when his disciples asked him what this parable meant, he said, “To you it has been given to know the secrets of the kingdom of God; but for others they are in parables, so that seeing they may not see, and hearing they may not understand. Now the parable is this: The seed is the word of God. The ones along the path are those who have heard; then the devil comes and takes away the word from their hearts, that they may not believe and be saved. And the ones on the rock are those who, when they hear the word, receive it with joy; but these have no root, they believe for a while and in time of temptation fall away. And as for what fell among the thorns, they are those who hear, but as they go on their way they are choked by the cares and riches and pleasures of life, and their fruit does not mature. And as for that in the good soil, they are those who, hearing the word, hold it fast in an honest and good heart, and bring forth fruit with patience.

Luke 8:1-15

Posted in Theology: Scripture

(Church Times) Disciplinary proceedings against Bishop of Aberdeen & Orkney dropped

Disciplinary proceedings against the Bishop of Aberdeen & Orkney, the Rt Revd Anne Dyer, have been dropped, even though the Scottish Episcopal Church’s Procurator said that there had been a “realistic prospect of conviction”.

In a “note of reasons”, published on Tuesday evening, the Procurator, Paul Reid KC, wrote that proceeding with the prosecution was not in the public interest. The allegations, he wrote, were of “bullying and the abuse of a position of trust and responsibility”.

The alleged behaviour “is said to have caused [the complainants] harm”, he said, and this was one factor “in favour of a prosecution being in the public interest”.

The Procurator is formally independent of the Church, and is responsible for deciding whether a case proceeds to tribunal.

Read it all (registration or subscription).

Posted in Church Discipline / Ordination Standards, Ministry of the Ordained, Scottish Episcopal Church

(Martin Plaut) Clarity from chaos:  does the truth of Nigeria’s mass murders lie in data?

Four years on, the data has astonished us – and reinforced our fears.

Our findings:  Boko Haram and ISWAP (the local ISIS group) carry out only a fraction of civilian killings:  just 10%.

A terror group unrecognised outside the country murders far more people

The Fulani Ethnic Militia (FEM) – a loose network of Fulani Islamist militias – are behind at least 39% of all civilian killings, and probably more.  Christian farmers are their special target.  ‘Land-based attacks’ – planned invasions of selected villages or homes, and occupation of the land  –  are their strategy.  Communities are chosen;  this is jihadist violence.

Overall, 2.7 Christians were killed for every Muslim killed in the data period.  Notably, Muslims are also terribly affected by the violence.  In states where the attacks occur, proportional loss to Christian communities is far higher.  In terms of local populations, 6.5 times as many Christians were murdered as Muslims.   As the charity Open Doors notes, a vast flight of poor Nigerians is now underway.

Read it all.

Posted in Death / Burial / Funerals, Nigeria, Terrorism, Violence

(FPR) James Clark–Instability and the Noonday Devil

The pervasiveness of geographical instability in contemporary American society—wherein people often move multiple times during their life—has been observed by many here, along with the spiritual instability that almost invariably accompanies it. What I hope to do is say a few words about the deeper roots of rootlessness—acedia, or as Jean-Charles Nault calls it, the noonday devil—so that those who are restless in the place they find themselves, geographic or otherwise, might recover the peace of God they have lost or forgotten.

Nault writes that the Greek word akèdia—from which “acedia” is derived in both Latin and English—means “lack of care,” but he also notes that “every time we try to translate this term, we lose a bit of its richness: we speak about languor, torpor, despair, laziness, boredom, or disgust, but ultimately none of these words succeeds in rendering the wealth of connotations of the term akèdia.” This caveat should be born in mind, but for clarity’s sake it will be helpful to conceive of acedia, using Nault’s phrase, as “a lack of care given to one’s own spiritual life.” Or, to condense the idea even further, we can define acedia the way Reinhard Hütter does, as “spiritual apathy.”

The concept of acedia was first discussed at length by the Desert Fathers, those early “Christians who traveled to the desert so as to lead there a life of prayer and asceticism in solitude.” In particular, Evagrius of Pontus is identified by Nault as “the one who first presented a coherent doctrine about acedia.” Evagrius speaks of several different manifestations that acedia can take, but the one with which we are concerned here is what Nault calls “a certain interior instability,” which is “characterized by the need to move about, to have a change of scenery.” In this manifestation, says Nault quoting Evagrius,

The demon of acedia suggests to you ideas of leaving, the need to change your place and your way of life. He depicts this other life as your salvation and persuades you that if you do not leave, you are lost.

Given that Evagrius was writing to and for fellow monastics in the fourth century, we might wish to believe that the feeling of acute restlessness he describes is not a problem for ordinary people today. Unfortunately, as Nault observes, this experience is confined neither to the past nor to the monastic vocation. Rather, in the present, “This instability is manifested … by a constant need to move, to change. To change one’s locality, work, situation, institution, occupation, spouse, friends.”

Read it all.

Posted in * Culture-Watch, Anthropology

(Gallup) Economy Most Important Issue to 2024 Presidential Vote

The economy ranks as the most important of 22 issues that U.S. registered voters say will influence their choice for president. It is the only issue on which a majority of voters, 52%, say the candidates’ positions on it are an “extremely important” influence on their vote. Another 38% of voters rate the economy as “very important,” which means the issue could be a significant factor to nine in 10 voters.

Voters view Donald Trump as better able than Kamala Harris to handle the economy, 54% versus 45%. Trump also has an edge on perceptions of his handling of immigration (+9 percentage points) and foreign affairs (+5), while Harris is seen as better on climate change (+26), abortion (+16) and healthcare (+10). The candidates are evenly matched on voters’ impressions of who would better address gun policy.

Just under half of voters overall agree with Trump (49%) or Harris (47%) on the issues that matter most to them.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, America/U.S.A., Economy, Politics in General, Sociology

(James G Martin Center) F. Andrew Wolf–Universities Are Doing Education Badly

One often hears liberal-arts professors, as well as college and K-12 administrators, advocating two ideas about academics in America: (a) the importance of a broad, well-rounded, liberal-arts education and (b) the equating of that education solely with the head, not the heart. In 1931, John Dewey chaired a national curriculum conference that declared the liberal arts important for “the organization, transmission, extension and application of knowledge” (emphasis added). That concept has given us the educational system we have today, and it is not what was promised.

Don’t misunderstand my point; there is great value in a broad, liberal-arts education. It is just that, today, we do it in a way that is ineffective; time is wasted, and so is a lot of money. College should not be the venue where liberal-arts education begins. Instead, college is where students should start to specialize in a course of study, having already acquired general knowledge in K-12. The “12” does represent years, you know.

According to Dorothy Sayers, a noted 20th-century advocate of the liberal arts (and especially the classical liberal arts), much of modern education involves an “artificial prolongation of intellectual childhood and adolescence.” It used to be that a well-educated person was deemed fit for higher education at about the age of 16 and specialization (either in the form of apprenticed work or more advanced learning) by the age of 18. With the advent of the modern era, however, the West moved away from serious education to the point that it has now collapsed.

Suffice it to say, in the West today (and especially in the U.S.), a type of schizophrenic malaise has crept into colleges, due primarily to an ineffective K-12 system, an overreliance on developmental college curricula, and “general course requirements” that essentially reiterate high-school learning.

Read it all.

Posted in Education

A Prayer for the day from Frank Colquhoun

Hear us, O Lord, as we come to thee burdened with our guilt, and bow in faith at thy feet.  Speak to us thy word of absolution; say to our souls, Thy sins be forgiven thee; that with good courage we may rise up and go forth to serve thee, now and all our days, to the glory of thy holy name.

Posted in Spirituality/Prayer

From the Morning Bible Readings

And I said:
Hear, you heads of Jacob
    and rulers of the house of Israel!
Is it not for you to know justice?—
    you who hate the good and love the evil,
who tear the skin from off my people,
    and their flesh from off their bones;
who eat the flesh of my people,
    and flay their skin from off them,
and break their bones in pieces,
    and chop them up like meat in a kettle,
    like flesh in a caldron.

Then they will cry to the Lord,
    but he will not answer them;
he will hide his face from them at that time,
    because they have made their deeds evil.

Thus says the Lord concerning the prophets
    who lead my people astray,
who cry “Peace”
    when they have something to eat,
but declare war against him
    who puts nothing into their mouths.
Therefore it shall be night to you, without vision,
    and darkness to you, without divination.
The sun shall go down upon the prophets,
    and the day shall be black over them;
the seers shall be disgraced,
    and the diviners put to shame;
they shall all cover their lips,
    for there is no answer from God.
But as for me, I am filled with power,
    with the Spirit of the Lord,
    and with justice and might,
to declare to Jacob his transgression
    and to Israel his sin.

Micah 3:1-8

Posted in Theology: Scripture