The New Debt Crisis
For the Year of Jubilee in 2025, people across the world are uniting in solidarity to demand action on the global debt crisis.
Young campaigners call for debt cancellation.
“Come to me, all who labour and are heavy laden, and I will give you rest.”
Most of us are familiar with being tired. We may feel overwhelmed and exhausted by never-ending to do lists, difficult relationships, health concerns, job stress or unemployment and so on.
Sometimes it might feel as if the whole world is weary. Global challenges such as the climate crisis, conflict, racism and poverty can make us feel worn down and anxious.
If so, then Jesus’ words today are for us. Jesus invites us to come to him with our burdens and find rest for our weary, anxious hearts in his gentle and loving one. As we come close to Jesus and learn from him, we can, in turn, be attentive to our heavy-laden sisters and brothers.
Many people around the world are burdened due to debt. About 3.3 billion people now live in countries where debt interest payments are greater than spending on health or education. Ahead of the Jubilee Year in 2025, Pope Francis has called for richer countries to cancel the debts of poorer nations who are struggling with immense debt burdens, saying: “More than a question of generosity, this is a matter of justice.”
This Advent, together we can reach out and ease the burdens of our sisters and brothers around the world.
Advent prayer
Gentle God
You invite me to come to you
and receive your rest.
Teach me your way of love,
so I can help others
to lift their burdens.
Amen.
Act
Many of the world’s poorest countries have been plunged into a new debt crisis. Add your voice to join us in calling for change.