Wednesday, December 14, 2011

In The News: Further European Debt Crisis

Europe continues to be plagued by growing debt.  Peter is robbed to pay Paul, but now Peter has begun to run out of money and borrowing power.  If something is not done soon, the whole system will collapse, and a greater crises will emerge. 

How should a Christian react to this?

The Scripture does not prohibit borrowing, but it is clear in Proverbs that the borrower is a slave to the lender.  However, the greater the debt the greater the slavery is to that debt.  In the case of Europe, and America for that matter, an increasing yoke of debt has crippled several countries.  Riots have broken out again and again, yet the solution is not easily accepted.  That requires sacrifice.

In an era where few want to sacrifice, one can only expect the consequences to escalate.  However, as individual Christians, we can set the example by living thriftily and helping those in true need (hand up versus a hand out).  Furthermore, we can also use our right to vote to elect fiscally responsible politicians. 

This takes backbone, for it means that everyone, including ourselves, will have to take a cut in something to fix the debt crises.  If we don't, then we surely reap the whirlwind that is ever approaching.

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