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A multi - faceted:
Global Crisis
US President Barack Obama has recently signed his
economic stimulus package in which the Obama administration has
proposed a series of new tax concessions and bail out packages to
the crisis ridden banking, Agro and Industrial sectors of the US
economy.
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Irresponsible caretaker and financial crisis
Nature, extent and causes of the crisis:
The economies of the riches and most powerful
countries that created the current global financial and trading
system have taken a massive direct hit, and the world is in shock.
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Destabilising religion, demeaning spiritual and cultural values
The Catholic Church adopted a policy to convert
people to Christianity at any cost and it persecuted non-Christians.
In the year 2000, Pope John Paul II, publicly apologised for the
misdeeds committed by Church in the name of religion.
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