Why I Am Not Worried About Rising Interest Rates

On Wednesday, the Bank of Canada raised lending interest rates for the very first time in 7 years, and while there is a lot of concern about that among the financial experts and a lot of fear among those who have  high debt levels, people like myself are not worried at all right now because we do not have any debt.

We did what was right in that we learned how to live below our means, but we were continually being punished for it by low interest that was paid to us for our savings, and by high real estate prices.

So, the rising interest rates are bad news for people who are irresponsible and greedy, but very good news for those who are content. That is why truly contentment is a great gain in the long term.

But if you are the one who is in debt, don't panic. There is still time for you to bring your house in order, but that time gap is rapidly growing. The rise in interest rates was very small, but it will continue in the future. Being in debt is never good for you regardless of whether the credit is cheap or not. The borrower is always a slave to the lender. Don't be a slave.

The key to your freedom is contentment, because if you are content with what you have, you will not be greedy for more, and you will not be buying the things you don't need in order to impress the people you don't like. You will be free and you will not be wicked as only the wicked borrow and do not pay back. Cut down on your expenses now and pay your debts as soon as possible.

It feels truly great when you don't owe anything to anyone except love.  You are free from any financial anxiety.  And it is especially true if you are a Christian. You were bought at the great price to be free and not to be slave of people, especially of those who run the banks and you will be more free to give to causes that advance the kingdom of God instead of making the wicked system of this world that  is ruled by the devil rich. You cannot serve both God and mammon. Serve God. Pay your debts, give, and be blessed.

Author's Note: Image the courtesy of versaday.com

Study: What Is The Great Tribulation?

The Great Tribulation is mentioned four times in the New Testament. One of these mentions

is by Jesus Himself found  in the Gospel of Matthew, chapter 24 in which He linked this period to the time of  "trouble" such as never happened  since there was a nation prophesied of by Daniel ( Daniel 12:1). Both Hebrew and Greek words used in these passages for "trouble" and "tribulation" mean adversity, suffering, and persecution.

There were of course many times in history, including, even now when God's people were being persecuted and suffered greatly because of it, but it is evident from Scripture that during the time of Great Tribulation it will be worse than ever before, and that there will not be another time like this after.

Jesus placed this period after the "abomination of desolation" is set up in the Holy place. Many Bible scholars concluded that this event will be the Antichrist proclaiming himself God in the rebuilt Third Temple in Jerusalem, which is very plausible since the description of his global reign in the Book of Revelation 13:7-10 includes great persecution against both Israel and the gentile believers in Jesus:

"And the beast was given a mouth uttering haughty and blasphemous words, and it was allowed to exercise authority for forty-two months. It opened its mouth to utter blasphemies against God, blaspheming his name and his dwelling, that is, those who dwell in heaven. Also it was allowed to make war on the saints and to conquer them. And authority was given it over every tribe and people and language and nation, and all who dwell on earth will worship it, everyone whose name has not been written before the foundation of the world in the book of life of the Lamb who was slain. If anyone has an ear, let him hear:

If anyone is to be taken captive,
to captivity he goes;
if anyone is to be slain with the sword,
with the sword must he be slain.

Here is a call for the endurance and faith of the saints."

 

The reason why Bible scholars think  that the reign of the Beast ( Antichrist) and the Great Tribulation are one and the same is that both last for 42 months, but the good news is that this period will be shortened by God Himself when He returns to Judge the earth and throw the Beast and his false prophet into the lake of fire before His 1000 year reign.

 

It is not clear from the Scripture exactly when in this chain of events the Rapture of The Saints will take place, whether before the Great Tribulation, during, or after it, but nowhere it these passages do we see Great Tribulation described as the wrath of God. Furthermore, Jesus told us Himself that in this world we will have tribulation, so I think it is wise that we prepare ourselves spiritually and physically for it just in case.

 

There is also a description of the great assembly of the saints who washed their robes in the blood of the Lamb who according to Scripture " came out of the Great Tribulation." It is found in the Book of Revelation chapter 7:9-17:

 

"After this I looked, and behold, a great multitude that no one could number, from every nation, from all tribes and peoples and languages, standing before the throne and before the Lamb, clothed in white robes, with palm branches in their hands, and crying out with a loud voice, “Salvation belongs to our God who sits on the throne, and to the Lamb!” And all the angels were standing around the throne and around the elders and the four living creatures, and they fell on their faces before the throne and worshiped God, saying, “Amen! Blessing and glory and wisdom and thanksgiving and honor and power and might be to our God forever and ever! Amen.”

Then one of the elders addressed me, saying, “Who are these, clothed in white robes, and from where have they come?” I said to him, “Sir, you know.” And he said to me, “These are the ones coming out of the great tribulation. They have washed their robes and made them white in the blood of the Lamb.

“Therefore they are before the throne of God,
and serve him day and night in his temple;
and he who sits on the throne will shelter them with his presence.
They shall hunger no more, neither thirst anymore;
the sun shall not strike them,
nor any scorching heat.
For the Lamb in the midst of the throne will be their shepherd,
and he will guide them to springs of living water,
and God will wipe away every tear from their eyes.”

 

So, we know for sure that there will be believers in Jesus living during this terrible time. though we don't know whether it will be the Church or the people who will come to faith in Jesus after the Rapture, one thing is certain, God will deliver them out of it in one way or another, and those who die during Great Tribulation for their faith will share  the victory of Christ over the Beast:

 

"And they have conquered him by the blood of the Lamb and by the word of their testimony, for they loved not their lives even unto death. Therefore, rejoice, O heavens and you who dwell in them! But woe to you, O earth and sea, for the devil has come down to you in great wrath, because he knows that his time is short!”

Great Tribulation therefore is the reign of the Beast ( Antichrist) and a short lived wrath of the devil, and not of God.

Author's Note: Image courtesy of pintrest.com