An Anglican bishop says the credit crunch is God’s way of punishing Britain for being too materialistic.
The Rt Rev Wallace Benn, Bishop of Lewes, thinks the country is obsessed with cash, which has a ‘stranglehold’ over our lives.
The credit crisis has been caused by greed and ‘God has allowed it for good’, he writes in a newsletter.
The Adam Smith Institute think-tank criticised the comments, saying: ‘Many people who have not worshipped materialism have seen their lives made poorer.’
Source: METRO, 28 October 2008