Ryan Healy calls for Debt Jubilee

Ryan Healy, of Debt Reduction Formula, is calling for a modern Jubilee!

http://www.debtreductionformula.com/blog/the-jubilee-why-we-need-one/


But right now, we don’t need a bloated stimulus package — we need a Jubilee. If our government were to declare a Jubilee, we could all start over. Of course, some would inevitably fall into debt again, but many would be more financially responsible.

A Jubilee Year is different because it’s a year in which all debts are canceled. It makes no difference how much a man owes. Every last penny of debt is forgiven, and he starts afresh during the new Jubilee cycle.

This is the mercy factor that is built into God’s law. Unfortunately, God’s law has been shoved aside by even “religious” people, and the biblical concept of debt forgiveness has been all but forgotten.

Ultimately, I think a Jubilee would be a blessing for all people.