Rev. Peter Norman Clearly Explains Current Financial Crisis

This month, Rev. Peter Norman gave a Sunday sermon at St Andrews here in Motueka that clearly explained the current financial situation in a way that made the economics understandable. Using the American example, he follows the path of subprime loans and rising interest rates to the rising number of defaulted mortgage payments and so on. He kindly agreed to provide the text of the sermon to Kate at Motueka News Online.