There are three essential building blocks of the Black community: faith, education and jobs. Two of three building blocks come together in the burgeoning growth of prosperity churches. Latest estimates suggest that 50 of the nation’s 260 largest congregations are prosperity churches, or churches who preach that God will reward you with material wealth.
The concern is that some of these pastors preach to their congregants to take financial leaps when perhaps they lack the proper capital or know-how to fully understand the risks. I won’t go as far as Hannah Rosin and suggest that Christianity caused the crash but I do agree that prosperity churches could have done a better job assisting parishioners make better financial decisions.
Read the rest at The Loop.