God has thousands of purposes in all that he does — including recessions. What does Scripture tell us about God’s designs in our financial uncertainty?
2020 — the year of the “Great Lockdown,” leading to what some are now calling the “Great Coronavirus Recession.” It was triggered by a strategic wager: sacrifice economic momentum in order to physically distance people, all with the goal of starving and killing off a spreading virus. It was a huge gamble and it hurt.
Our Great Coronavirus Recession has been compared to the Great Recession of 2007–2009, even to the Great Depression of 1929–1933. Looking forward, some think the economy will bounce back to normal as soon as the virus is under control. Others are less optimistic and see a long road ahead. But the recession is here, and it will remain until God is done with it.
We talked about this a couple of weeks back when I mentioned John Piper preached a sermon titled “What Is the Recession For?” He preached it on February 1, 2009. The Dow had been dropping but had not yet bottomed out. The entire sermon is worth returning to, but I especially want you to hear the beginning of that sermon. Here’s Pastor John.