November 16, 2018 (Friday) .
Once upon a time in the late 1950’s, Wanda needed an electric mixer, so I went to a store in Fort Worth and bought her one as a gift. With nothing down, I fiananced the balance of $39.95 with the store. Payments were small. She loved that mixer and used it often, but she saw the need for a small attachment that would enhance the usefulness of the small appliance. Never fear, the gallant husband to the rescue. I went back to the store and asked if we could add the price of the attachment (just a few dollars) to the payment schedule for the mixer. “No,” was the answer. “Pay off the $39.95 and then you may buy the attachment.” Twice during those days I needed co-signers to borrow from the bank for medical bills, $100 once, and later, $114. Needless to say that was a different time, when people were urged to stay out of debt.
We now live in a different day, in which credit of all kinds is available, and “debt” is a household word. U.S. household debt is now $13.3 trillion, national debt is $21 trillion, and global debt is now $247 trillion, Think about it: a million is a thousand thousand, a billion is a thousand million, a trillion is a thousand billion, so the global debt is two hundred forty-seven thousand billions ($247,000,000,000,000). As the late Senator Dirkson used to say, “a billion here and a billion there, and first thing you know you’re talking about a lot of money!”
You may be as I, ignorant when it comes to economics, but almost anyone can see that such debt is a house of cards, destined to fall. If that happens, we will be forced to trust the Lord for comfort and guidance, depending on Him to help us, for “My God shall supply all your needs according to His riches in glory by Christ Jesus” (Philippians 4:19). We will also look for counsel in Matthew 6:33, “Seek ye first the kingdom of God and all these things shall be added unto you.” Meanwhile we pray for miracles.