I came across an article, thanks to my good friend Jason, that gives us a small picture of Jubilee. Debts forgiven, this is a central theme in the biblical narrative, one that ultimately becomes actualized in a person: Jesus Christ. Now, I think we do well not to over spiritualize Jesus declaration of Jubilee in Luke 4, but to recognize that for Jesus it had a social and spiritual component. With that said, here’s the story.
A 375-year-old French bank has decided to forgive the debts of its poorest customers, Good.is reports.
The Crédit Municipal de Paris, a Parisian institution that offers small, low-interest loans against inexpensive valuables, has announced a one-time cancelation of the debts of some 3,500 customers who owed the bank 150 euros (about $190) or less. The announcement marks the bank’s 375th anniversary.A PR stunt? Maybe. But that isn’t stopping thousands of customers from celebrating an unexpected windfall.
We don’t know the motives of the bankers, but we can certainly say that this is a glimpse into what would be needed to liberate many poor throughout the world.