Best-selling author, Larry Burkett, looks at Y2K and the growing world-wide economic instability and gives his evaluation. Will it be a boom or a bust economy? Either way, the seven basic principles he shares will provide God's wisdom to investors of all ages and incomes.
Crisis Control For 2000 and Beyond: Boom or Bust?
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More About the Author
Larry Burkett 1939~2003, Biographical Information
Widely Known For His Economic Warnings
In The Coming Economic Earthquake (Moody Press, Chicago, I11. * 1991), Burkett delineated growing federal deficits and the ever increasing use of debt by business and households out of control. Burkett points out those severe economic times will appear sometime shortly after the millennium unless current polices are changed. Burkett believed that Keynesian economic policies, with ideals for continuing federal deficits and the implicit preference for higher levels of credit and consumption, reduced saving, and a larger role for government in the economy are a means to disaster. As Burkett states in the book that as interest on the debt consumes a larger and larger portion of the yearly federal budget, and more money is borrowed each year to pay the interest on what was borrowed in previous years, there will be a temptation to "monetize" the debt at an increasing rate leading to a calamity not seen since the Great Depression. Burkett questioned whether or not elected leaders would take action in time to prevent fiscal chaos, and believed they would not. Larry gave no time-line for this prediction, other than a forewarning, foreshadowing current events of the time, with a little common sense added for good measure.
Early Years
Larry Burkett (March 3rd, 1939~July 4th, 2003) was an American author and leading Christian radio personality whose work focused on financial counseling from a Christian point of view. Larry was born in Winter Park, Florida on March 3, 1939, the fifth of eight children. After completing high school in Winter Garden, Florida, he entered the U.S. Air Force where he served with the Strategic Air Command. Upon completion of his military duties, he and his wife Judy returned to central Florida, where he worked in the space program at Cape Canaveral, Florida. He spent the next several years at the space center (NASA) in charge of an experiments test facility that served the Mercury-, Gemini-, and Apollo-manned space programs. While working at the space center, Larry earned degrees in marketing and finance at Rollins College, Winter Park, Florida. Larry left the space center in 1970 to become Vice President of an electronics manufacturing firm.
A Turning Point
In 1972 Larry put his trust and faith in Jesus Christ to guide his life, through the influence of his wife Judy and persistence of Dr. Peter Lord, Titusville, Florida--an event that had a profound effect. In 1973 he left the electronics company to join the staff of a nonprofit ministry, Campus Crusade for Christ at the request of Dr. Bill Bright, as a financial counselor. It was during this time that he began an intense study of what the Bible says about handling money, and he started teaching small groups around the country.
Ministry Is Formed
In 1976 Larry Burkett left the campus ministry to form Christian Financial Concepts, a 501C(3) nonprofit organization dedicated to teaching the biblical principles of handling money. CFC was used as a vehicle to produce audio, video and written Work's for helping individuals, the local Church and main-line Denominations World-wide disseminate God's word with regard to Stewardship principles. In May of 1996, Southwest Baptist University conferred on Larry an Honorary Doctorate in Economics.
Radio Broadcasting
In 1979 Larry became a frequent radio guest of Dr. Jim Dobson founder of Focus On the Family with a widely listened to syndicated radio program. This exposure lead Moody Bible Institute Broadcasting division, Chicago, Illinois to help host, than start Larry's own radio ministry. Larry was a long time host of the four radio programs, "Money Matters," "How to Manage Your Money," "MoneyWatch," and "A Money Minute," which were carried on more than 1,100 radio outlets worldwide.
Larry's Publications
Larry published more than 70 books, sales of which now exceed 12 million copies and include several national best-sellers. Publications by Larry include What Ever Happened to the American Dream, The Coming Economic Earthquake, Your Finances in Changing Times, Business by the Book, The Financial Planning Workbook, Women Leaving the Workplace, Investing for the Future, Debt-Free Living, Great Is Thy Faithfulness, Hope When It Hurts, Nothing to Fear, in which he gave an update on his experiences with cancer and cancer treatments. Larry also wrote four novels: The Illuminati, The THOR Conspiracy, Solar Flare, and Kingdom Come (with T. Davis Bunn). Larry's final book before his death was The Burkett & Blue Definitive Guide to Securing Wealth to Last, and was written with Ron Blue and Jeremy L. White.
Larry also encouraged his eldest son, (Larry "Allen" Burkett, Jr.) as an author to write and produce thirty-two stewardship books and material "penned" under Larry's name. These Work's were for children, teen and parents under the banner: "Larry Burkett's "Money Matters for Kids", "Money Matters for Teens", "Larry Burkett's Stewardship for the Family ~ Time, Talents & Treasures". Some publications by Allen under Larry's name are Financial Parenting, What If I Owned Everything?, Money Planner for Kids, 50 Money Making Ideas for Kids, Teaching Your Child About Money Matters, Me Wonderfully Made, All About Money, Talent and Time Series, How Things Work Series, Pocket Change Series, Great Smoky Mountains Storybook Series, World's Easiest Pocket Guide Series,
His Legacy
Larry's memory is held dear by all those whose lives he touched: his family, his friends, and his ministry partners. He lived a life of Christian kindness and genuine humility. He was always extraordinarily generous. One of the central principles Larry taught is that we don't really own things; we are simply stewards and managers of what God has entrusted to us. In Larry's case, that included the ministry he founded.
Larry Burkett dedicated his life to teaching people biblical financial principles. He poured his life into serving the Lord through this ministry. He loved the ministry, he loved his staff which he believed was an extenuation of his own family... Caring for family first was foremost to laying a rock-solid foundation to ensuing a genuine love for the people who looked to the ministry for help in their time of need. Larry's compassion was so evident. His Radio Listeners could not see him, but could feel, his concern and even his tears for them.
Prior to his death, Larry founded the Larry Burkett Foundation®. The Larry Burkett Foundation® accepts donations to help needy individuals through and promoting organizations such as The National Christian Foundation®, Atlanta, Georgia and Helping Hands Ministries, Inc, Tallulah Falls, Georgia,. Please send your tax-exempt donation to:
Larry Burkett Foundation® 1330 Old Woodbine Rd NE Atlanta, GA 30319-1040
Widely Known For His Economic Warnings
In The Coming Economic Earthquake (Moody Press, Chicago, I11. * 1991), Burkett delineated growing federal deficits and the ever increasing use of debt by business and households out of control. Burkett points out those severe economic times will appear sometime shortly after the millennium unless current polices are changed. Burkett believed that Keynesian economic policies, with ideals for continuing federal deficits and the implicit preference for higher levels of credit and consumption, reduced saving, and a larger role for government in the economy are a means to disaster. As Burkett states in the book that as interest on the debt consumes a larger and larger portion of the yearly federal budget, and more money is borrowed each year to pay the interest on what was borrowed in previous years, there will be a temptation to "monetize" the debt at an increasing rate leading to a calamity not seen since the Great Depression. Burkett questioned whether or not elected leaders would take action in time to prevent fiscal chaos, and believed they would not. Larry gave no time-line for this prediction, other than a forewarning, foreshadowing current events of the time, with a little common sense added for good measure.
Early Years
Larry Burkett (March 3rd, 1939~July 4th, 2003) was an American author and leading Christian radio personality whose work focused on financial counseling from a Christian point of view. Larry was born in Winter Park, Florida on March 3, 1939, the fifth of eight children. After completing high school in Winter Garden, Florida, he entered the U.S. Air Force where he served with the Strategic Air Command. Upon completion of his military duties, he and his wife Judy returned to central Florida, where he worked in the space program at Cape Canaveral, Florida. He spent the next several years at the space center (NASA) in charge of an experiments test facility that served the Mercury-, Gemini-, and Apollo-manned space programs. While working at the space center, Larry earned degrees in marketing and finance at Rollins College, Winter Park, Florida. Larry left the space center in 1970 to become Vice President of an electronics manufacturing firm.
A Turning Point
In 1972 Larry put his trust and faith in Jesus Christ to guide his life, through the influence of his wife Judy and persistence of Dr. Peter Lord, Titusville, Florida--an event that had a profound effect. In 1973 he left the electronics company to join the staff of a nonprofit ministry, Campus Crusade for Christ at the request of Dr. Bill Bright, as a financial counselor. It was during this time that he began an intense study of what the Bible says about handling money, and he started teaching small groups around the country.
Ministry Is Formed
In 1976 Larry Burkett left the campus ministry to form Christian Financial Concepts, a 501C(3) nonprofit organization dedicated to teaching the biblical principles of handling money. CFC was used as a vehicle to produce audio, video and written Work's for helping individuals, the local Church and main-line Denominations World-wide disseminate God's word with regard to Stewardship principles. In May of 1996, Southwest Baptist University conferred on Larry an Honorary Doctorate in Economics.
Radio Broadcasting
In 1979 Larry became a frequent radio guest of Dr. Jim Dobson founder of Focus On the Family with a widely listened to syndicated radio program. This exposure lead Moody Bible Institute Broadcasting division, Chicago, Illinois to help host, than start Larry's own radio ministry. Larry was a long time host of the four radio programs, "Money Matters," "How to Manage Your Money," "MoneyWatch," and "A Money Minute," which were carried on more than 1,100 radio outlets worldwide.
Larry's Publications
Larry published more than 70 books, sales of which now exceed 12 million copies and include several national best-sellers. Publications by Larry include What Ever Happened to the American Dream, The Coming Economic Earthquake, Your Finances in Changing Times, Business by the Book, The Financial Planning Workbook, Women Leaving the Workplace, Investing for the Future, Debt-Free Living, Great Is Thy Faithfulness, Hope When It Hurts, Nothing to Fear, in which he gave an update on his experiences with cancer and cancer treatments. Larry also wrote four novels: The Illuminati, The THOR Conspiracy, Solar Flare, and Kingdom Come (with T. Davis Bunn). Larry's final book before his death was The Burkett & Blue Definitive Guide to Securing Wealth to Last, and was written with Ron Blue and Jeremy L. White.
Larry also encouraged his eldest son, (Larry "Allen" Burkett, Jr.) as an author to write and produce thirty-two stewardship books and material "penned" under Larry's name. These Work's were for children, teen and parents under the banner: "Larry Burkett's "Money Matters for Kids", "Money Matters for Teens", "Larry Burkett's Stewardship for the Family ~ Time, Talents & Treasures". Some publications by Allen under Larry's name are Financial Parenting, What If I Owned Everything?, Money Planner for Kids, 50 Money Making Ideas for Kids, Teaching Your Child About Money Matters, Me Wonderfully Made, All About Money, Talent and Time Series, How Things Work Series, Pocket Change Series, Great Smoky Mountains Storybook Series, World's Easiest Pocket Guide Series,
His Legacy
Larry's memory is held dear by all those whose lives he touched: his family, his friends, and his ministry partners. He lived a life of Christian kindness and genuine humility. He was always extraordinarily generous. One of the central principles Larry taught is that we don't really own things; we are simply stewards and managers of what God has entrusted to us. In Larry's case, that included the ministry he founded.
Larry Burkett dedicated his life to teaching people biblical financial principles. He poured his life into serving the Lord through this ministry. He loved the ministry, he loved his staff which he believed was an extenuation of his own family... Caring for family first was foremost to laying a rock-solid foundation to ensuing a genuine love for the people who looked to the ministry for help in their time of need. Larry's compassion was so evident. His Radio Listeners could not see him, but could feel, his concern and even his tears for them.
Prior to his death, Larry founded the Larry Burkett Foundation®. The Larry Burkett Foundation® accepts donations to help needy individuals through and promoting organizations such as The National Christian Foundation®, Atlanta, Georgia and Helping Hands Ministries, Inc, Tallulah Falls, Georgia,. Please send your tax-exempt donation to:
Larry Burkett Foundation® 1330 Old Woodbine Rd NE Atlanta, GA 30319-1040
Customer Reviews
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Most Helpful Customer Reviews
4.0 out of 5 stars
open mind see different opionion,
By
This review is from: Crisis Control in the New Millennium ( Seven Key Principles for Your Financial Prosperity ) (Hardcover)
This book was published in 1999, it predicted something happened today. 10 years ago, I tried to collect books and later sell books on amazon, I did not continue to sell books until 2005. Instead occasionaly, I start to read some books in my garrage. Now it is June, 2009, it is funny to read this book too late personaly. Anyway, congratulation to the Author Larry Burkett, you are not forgotten.
0 of 7 people found the following review helpful:
1.0 out of 5 stars
Laughable predictions,
By "drinktea" (Canada) - See all my reviews
This review is from: Crisis Control in the New Millennium ( Seven Key Principles for Your Financial Prosperity ) (Hardcover)
I pick up this book in the local library. I am glad I did not waste money to but this book. Buckett claims that he is a Christian but he lacks Christian character in the introduction. "... a Christian finanial planner, who is not very successful in his own right, wrote a book in which he attacked my previous book..." He may disagee on what other people say about him, but calling names like "not very successful" is not a Christian act. Some of the terms stated in the book is just wrong. e.g. "Treasury bills are fairly illiquid investments, because you need to hold them for a year or more." (p. 61) This is not true. T-bills are the most liquid investment you can find for SHORT term money. T-bill are short term investment with a 365 days maturity or less. I never heard of anybody who could not sell their T-bills and have to wait to maturity. Most predictions (if not all) provided by Backett in chapter 4 about the economic fallout from Y2K are ridicous and wrong. As we know now those predictions never happened. "Our immigrant population, rising medical costs, national defence, and particularly our nation's moral bankruptcy must all be reckoned as economic liabilities." (p. 95) Buckett tries to blame immigrants for the economic problems in the nation is just down right racist. This is just another of his book to misuse the Bible for his fundamentist ideas. I just wondered, what would Jesus do with this book?
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