Debt: The Fear of Financial Collapse. Dr. Jeremiah continues: In the aftermath of the economic changes that began in 2008, many Americans found themselves in dire straits financially. And those who weren’t immediately impacted worried about the future – might they lose what they had worked so hard to gain? What does God’s Word say about the fear of debt and the possibility of financial destitution? Psalm 37 can give us comfort in a day of financial insecurity. When we do everything we know to do with our resources, what should we think if we are left with nothing?