Did foolish purchases by low income adherents of “prosperity theology” play a role in the real estate market collapse in the US? The Atlantic Monthly seems to think so. A Hanna Rosin article in the December 2009 edition (read it here) posits that prosperity gospel proponents encouraged church members, many of whom were poor Latino immigrants, to claim the blessings that God had for them, including the blessing of getting loans through sub-prime lending.

Read the rest here.