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Breakpoint

The Earth is the Lord’s... Including Our Money

Breakpoint

Colson Center

Religion & Spirituality, News Commentary, Politics, Culture, Christianity, Currentevents, Worldview, News

4.82.8K Ratings

🗓️ 16 January 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

One act of faith is using finances well. 

Learn more about Compass and the resources they have for various demographics at compassfinancialministry.org.

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Support the ongoing production of Breakpoint by becoming a monthly donor at colsoncenter.org/monthly

Transcript

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0:00.0

In a culture of confusion, clarity matters.

0:05.0

Your generosity is what allows us to provide this clarity, empowering everyday believers to understand this cultural moment in light of the ultimate story of redemption.

0:15.0

Breakpoint is a listener-supported program, and it's only because of our monthly supporters that resources like this are available

0:22.5

for free. To become a monthly partner, visit colsoncenter.org slash monthly today.

0:32.9

Welcome to breakpoint, a daily look at an ever-changing culture through the lens of unchanging

0:37.4

truth. For the Colson Center, I'm John Stone Street. What can a breakpoint, a daily look at an ever-changing culture through the lens of unchanging truth?

0:38.2

For the Colson Center, I'm John Stone Street.

0:41.9

Well, perhaps the only upside of Americas and Americans' debt problems is the many funny memes that have been spawned by the financial precariousness.

0:50.5

Currently, the national debt stands at over $36 trillion. That's more than $100,000 of debt for every

0:57.8

person in the country. And that's on top of the debt that's personally incurred by 77% of American households,

1:03.9

at an average of about $65,000 each. At least a third of Americans have some form of credit card debt, which is arguably the

1:12.0

most dangerous kind. Personal debt, whether the result of poor financial decisions or causes beyond

1:17.6

one's control, can cause incredible stress on individuals and families. When it's at a civilizational

1:23.5

level, however, debt becomes an indicator of decline, a symptom of a destructive worldview

1:28.7

in which immediate gratification is prioritized over and above any long-term thinking.

1:34.7

In his 1941 book The Crisis of Our Age, the great sociologist Petirum Syrokin

1:39.7

categorized cultures between two extremes, ideational and sensate. Ideational cultures are

1:46.8

oriented around ideals, aspirational visions that govern and direct social life. Sinsate cultures

1:53.4

are oriented around immediate fulfillment, focused on the immediate gratification of physical desire.

1:59.3

Extreme levels of debt are signs that a culture or civilization has become sensate,

2:04.4

seeking immediate gratification, wanting what we want now, not willing to work for it later.

2:10.7

Irresponsible spending habits and sacrificing financial security to acquire what's new and flashy

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