“Please use the form below to request your copy of Dr. Costa's new book, Eucatastrophe, coming Summer 2010.
Since late 2008, the promise of the new millennium has seems crushed by international conflict and a global financial crisis labeled by some as the "Great Recession". The crisis was sparked by reckless and unsustainable lending practices resulting from the deregulation and securitization of real estate mortgages in the United States that were marketed around the world. Risky lending practices contributed to the burst of the speculative real estate bubble while sharp increases in oil and food prices put much of the world in a precarious financial crisis. In the United States, this crisis began with fall of Lehman Brothers on September 15, 2008 when a major panic broke out on the inter-bank loan market. As stock and housing values dropped many large and well known investment and commercial banks in the United States and Europe experienced huge losses and probable financial collapse, resulting in unprecedented massive public financial assistance. Since then, the global recession has resulted in a sharp drop in international trade, rising unemployment and slumping commodity prices. Reputable economists have predicted that recovery may not take place until 2015 and that the recession is the worst since the Great Depression of the 1930s. Additionally, world leaders are increasingly at odds undermining their overall political credibility as well as unable to stop growing nuclear threats and global terrorism. In his book, “Eucatastrophe” (a term coined by J.R. Tolkien to describe a sudden turn of events at the end of a story which result in a miraculous ending), Dr. Robert Costa expresses optimism and attempts to show how God is orchestrating these world events to demonstrate His power and the glory of His Kingdom. Instead of cowering in fear or looking for future escape, Costa challenges the people of God to rise in faith and show God’s Kingdom on earth.
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