Skip to main content

Highlight of my day - Most public debts illegitimate

It was rightly so the highlight of my day.
9:16 - I opened my guardian app on my way to work. Scroll down to get to the comments section and here it is:

 'The French are right: tear up public debt - most of it is illegitimate anyway' by .

I am rightly french and highly involved with Positive Money. We have a group in Leicester that you are welcome to join if you are interested send us an email by clicking here

Thinking that 60% of public debt is most likely to be illegitimate and it is not even possible to name the debt holders makes me wonder why we are in such a state of austerity. Is it only there to favour our social elites? I am voting for a debt jubilee, right there!

Let's hope we can follow the steps suggested in the article:

1) Debt audits in all countries

2) The disclosure of the identity of debt holders

3) The socialisation of the banking system

 To understand those various steps and get more info on the research, check the article out!

Comments

Popular posts from this blog

How my relationship with capitalism is impacting my carbon footprint?

Published on Footpaths Leicester Capitalism is an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state. My carbon footprint is the amount of carbon dioxide released into the atmosphere as a result of my activities. My activities serve capitalism. They serve private owners for profit at the expense of natural resources and human beings. I am trapped and enslaved by capitalism, this is my relationship with it and it impacts dearly on my carbon footprint but also on my wellbeing and sense of belonginess. I am striving to strip myself away from capitalism. I refused to work for large corporate organisations. I refuse to consume excessively. I shop in charity shops, buy in bulk from the Wholefood Coop in Leicester, cycle to work, do not travel by plane. I try to save for some solar panels and an electric car, I try to repair what I own and try to engage others in changing behaviour through campaigning...

The New Mobile Phone Dilemma PART 1

Every 6 Weeks, I organised a Restart Party at Leicester Hackspace along with a number of amateur/professional repairers. My first trial at repairing an item was a mobile phone. The poor thing painfully fell in the middle of the street as I was cycling home after a gorgeous meal with friends in an Indian restaurant. The screen was cracked and my belly was full. I was paired up with a bald head man quite tall. He is related to one of my acquaintance who is really involved in environmental campaigning in Leicester. He is warm and a very good pedagogue. He never repaired a mobile phone like mine before. We know that there are plenty of guides online. Together we decide to give it a go. I am smiling and cheering as we are trying to open the piece of equipments. How wonderful those green and copper pieces are assembled together. It looks beautiful, a real piece of art. We take off all the parts to reach the front screen. We replace it. We put all the pieces back together. Tu...

Meeting with FlowFinder

Leicester Fixers met this week with FlowFinder to discuss areas of focus and next steps to consolidate what has been and do better moving forward. In the next few months, Leicester Fixers will do the following activities: redefine their vision, mission, objectives and value with the input of all the fixers. Here is a first draft Consider their delivery focus against their aims, objectives, funding streams and operations Develop their delivery plans A meeting will be organised to discuss some of the elements with people working together to repair and mend items.