"Generation" in the new September 2011 "Awake"

Yan Bibiyan

In the opening paragraph of the mag:

“THE worst economy in a generation.” That is how Encyclopædia Britannica Online described the recession that hit the world recently...."

Really?! I thought a Generation consisted of overlapping generations spanning over several lifetimes, even going back to 1914.

By the same standard, the Great Depression of the 1920-30s would be "The worst economy in a generation".

Why suddenly agree with a worldly source, which definition of a "Generation" is clearly wrong by your own standards?

Dual-faced hypocritical bastards don't stop there; the rag is full of gems I don't really have the time to post or analyze. This is just a primer if someone wants to continue...

Enjoy the read.

-Yan

You're telling me! The economic impact of the Black Plague was the worst downturn in my generation! Evidently! Or how about the fall of Constantinople? "This generation" is still feeling the effects--in the SAME generation!

--sd-7

hoser

The Awake is titled

"HOW TO MANAGE MONEY"

so I guess now they feel qualified to dispense financial advise or too many dubbies are having a hard time making it on minimum wage with no high school diploma or university degree.

One part that is a potential false statement is how they portray the effects of compound interest

The article stated that in recent times in some countries(of course the country wasn't mentioned or the "recent times") might have been the late 80's or 90's when interest was high. Anyway the Awake stated that in just 10 years the interest exceeded the principle invested.

That part is may be truthful, however without knowing the inflation rate of "recent times in some countries" one does not know if there is a financial gain in real dollars or the rate of inflation may have been higher than the rate of interest and the investor may have lost real purchasing power by staying in a cash investment vs a hard investment like gold or silver or real estate.

An extreme example of this is Zimbabwe which pays out 800% interest but the inflation rate is 6600% so by putting money in the bank well you'd really at the end of the year in buying power only have 1/4 of your money left although the numbers would look like you made money.

Hoser

WTWizard

"The worst economy in a generation".

Well, maybe if they keep stringing generations like Christmas lights the way they are getting ready to in their "a generation" definition, they could even go back to the First Dark Ages.

No Room For George

LOL, you guys are too much.

MrFreeze

Those clowns at the WBTS are at it again.

wannabefree

To be fair, they don't disagree with the popular understanding of the word, they just say the word generation can have different nuances, and APPARENTLY, because the end didn't happen 30-40 years after 1914 or 80-90 years after 1914, Jesus MUST have meant it this very odd and extended way that we have decided can apply to the term contemporaries. So really, to get to their nuance of the word generation, they also had to stretch the meaning of contemporaries. But its okay, the Governing Body is directed by Holy Spirit, so their understaning must be the food at the proper time even if it turns out they are wrong receive a clearer understanding in the future.

DesirousOfChange

The article stated that in recent times in some countries(of course the country wasn't mentioned or the "recent times") might have been the late 80's or 90's when interest was high. Anyway the Awake stated that in just 10 years the interest exceeded the principle invested.

That would require receiving an interest rate of over 7.2%. That hasn't been paid in a long time (except TO a credid card company).

free2beme

Just to point out, I was always amazed at how much the Watchtower quoted from demon controlled worldly people. People who went to those evil evil colleges and got all that Satanic degrees and educations. Wouldn't their words be considered like the vomit of the devil or something? Just a thought, that sparked, when I read your comment. Personally, I think if anyone wants to find proof of anything ... they will find it.