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The coming economic earthquake
 
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The coming economic earthquake [Hardcover]

Larry Burkett (Author)
4.8 out of 5 stars  See all reviews (6 customer reviews)


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Book Description

January 1, 1991
Burkett speaks candidly on the state of the economy, how inflation affects individuals, and what can be done, personally and politically, to correct the current economic crisis.
--This text refers to an out of print or unavailable edition of this title.


Product Details

  • Hardcover: 230 pages
  • Publisher: Moody Press (Chicago) (January 1, 1991)
  • ASIN: B00005VN9J
  • Product Dimensions: 9.1 x 6.1 x 1 inches
  • Shipping Weight: 1.2 pounds
  • Average Customer Review: 4.8 out of 5 stars  See all reviews (6 customer reviews)
  • Amazon Best Sellers Rank: #1,662,098 in Books (See Top 100 in Books)

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

 

Customer Reviews

6 Reviews
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Average Customer Review
4.8 out of 5 stars (6 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

11 of 11 people found the following review helpful:
5.0 out of 5 stars The Prophet, September 30, 2008
By 
This review is from: The coming economic earthquake (Hardcover)
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 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.
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2 of 2 people found the following review helpful:
5.0 out of 5 stars Excellent * Awesome * get this book * apply the principles of this book, March 31, 2009
A Kid's Review
I have both editions of this book, the older edition and the newer revised edition. And each time I read this book it was with trepidation.
Each time I was aware that the grains of the hour glass were slipping by.
This earthquake, which Larry Burkett was speaking & warning about was coming closer and closer and yet no one seemed to be listening.
Larry Burkett just used common sense in writing this book: You cannot go on spending more than you earn. He warned this collapse was coming.
He wasn't a prophet, he didn't know exactly when it would come, but he said it was coming. And now, his very words have come to pass just as he said would happen. And our government representatives are still not listening to him, or other reputable financial advisors. They are still spending more than anyone can afford. They are still behaving foolishly at our expense. Maybe we have the government we deserve.
Get this book, read this book, apply the principles set forth in this book, take care of your finances and forget the government. They are only out for themselves. They are after all residing in Washington D.oesn't C.are
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1 of 1 people found the following review helpful:
4.0 out of 5 stars The Coming Earthquake, September 26, 2009
Amazon Verified Purchase(What's this?)
It is amazing this book was written 15 years ago, and was premature in the authors projection for the future. Now 15 years latere we are recogonizing the exact conditions that he wrote about and have to accept the downfall of our financial and political system. This is a spiritual and prophetic book that will give an insight into what our world has become, and what is yet to come. Scary reading, but sometimes reality will do that to you.
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