Bear market takes a breather as ministry responds

Posted: 15 October, 2008

International (MNN) ― The global bear market appears to be taking a breather after a week of savagery. Attempts from the U.S. and Europe to bolster banking systems led some of the recovery, but the damage will continue to be felt in developing nations. 

The financial crisis has yet to reach its peak with predictions of more economies contracting or stagnating and an expected hemorrhage on job losses. 

Jonathan Shibley with Global Advance says their job just got a little more challenging. "Statistics say when there's a market crash and a severe recession in the Western world, that translates into less money, less giving into the developing world, which is a lot of missions organizations who are going to have to deal with this. All the more reason to go in and to really raise up godly entrepreneurs." 

Marketplace Missions Seminars help business leaders understand their role in the marketplace to share the Gospel and make disciples. One of their primary goals is to elevate business leaders out of the poverty cycle and to help them build lasting relationships, generating new capital, greater integrity, and spiritual and economic renewal.   

That's a tall order when funds are likely to dry up, if the economic expectations are realized. Shibley says rather than cut back, their mandate forces them to move forward with even more urgency.

"I think we just need to pray for God's men and women around the world--including, obviously, our own country--who are called into the marketplace. [Pray] for courage, for strength, and that God will just give us all the grace to walk through these days knowing that He is ultimately in control." Click here if you can help.

About this Organization


Global Advance

Phone: (972) 771-9042
Fax: (972) 771-3315
Web site
P.O. Box 742077 Dallas, TX
75374-2077

This Story in Audio

1min 2min 4.5min