Posts Tagged ‘Middle Class Death Spiral’
Middle-Class Death Spiral: Consumers Have Never Been In More Debt, And Bankruptcies Are Surging
Paul’s charge to us in Romans 13:8 to owe nothing but love is a powerful reminder of God’s distaste for all forms of debt that are not being paid in a timely manner (see also Psalm 37:21). At the same time, the Bible does not explicitly command against all forms of debt. The Bible warns against debt, and…
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