Did you know that when the Church gathered at the Ecumenical Council of Ephesus (431 AD) they not only affirmed Mary as the Mother of God but also prayed to her and upheld her sinlessness? If a Protestant were to travel back in time to this period, do you think they would join the body of Christ and worship alongside its members, or would they remain in isolation from everyone?
Note: This quote is not available onlineβit comes from Richard Priceβs brand new scholarly work. You might be surprised at how many patristic writings supporting the Catholic position remain untranslated or unexplored in the English-speaking world!
Did you know that when the Church gathered at the Ecumenical Council of Ephesus (431 AD) they not only affirmed Mary as the Mother of God but also prayed to her and upheld her sinlessness? If a Protestant were to travel back in time to this period, do you think they would join the body of Christ and worship alongside its members, or would they remain in isolation from everyone?
Note: This quote is not available onlineβit comes from Richard Priceβs brand new scholarly work. You might be surprised at how many patristic writings supporting the Catholic position remain untranslated or unexplored in the English-speaking world!
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That strategy is the acquisition of a value-priced company by a growth company. Using the growth company's higher-priced stock for the acquisition can produce outsized revenue and earnings growth. Even better is the use of cash, particularly in a growth period when financial aggressiveness is accepted and even positively viewed.he key public rationale behind this strategy is synergy - the 1+1=3 view. In many cases, synergy does occur and is valuable. However, in other cases, particularly as the strategy gains popularity, it doesn't. Joining two different organizations, workforces and cultures is a challenge. Simply putting two separate organizations together necessarily creates disruptions and conflicts that can undermine both operations.
The S&P 500 slumped 1.8% on Monday and Tuesday, thanks to China Evergrande, the Chinese property company that looks like it is ready to default on its more-than $300 billion in debt. Cries of the next Lehman Brothersβor maybe the next Silverado?βechoed through the canyons of Wall Street as investors prepared for the worst.
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