An exploding federal debt and a government that refuses to rein in its spending has more Americans anxious about the economy.
More than half of all Americans now fear that the country will go bankrupt. America is teetering on a precipice.
"We're headed for a collapse of catastrophic proportions," New York Times best-selling author Joel C. Rosenberg said.
Rosenberg spoke more about what he believes has gone wrong with America's "Sleeping Church," whether things can be turned around in time, and if America can ever be a "shining city on a hill" again, on "The 700 Club," June 19. Click play to watch.
Rosenberg says this nation is at a crossroads, that America faces the potential implosion of her economy and society.
"This is where I think the last best hope of America is not Washington. It's not the White House. It's not Congress. While they're necessary, they're insufficient to save this country," Rosenberg explained.
"The Church has to step forward," he said.
In his latest non-fiction book, Implosion, Rosenberg asks whether America can recover from its economic and spiritual challenges in time to avoid disaster.
Watch more of Rosenberg's comments below in an extended interview from Christian World News, June 22.