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!

Labels:

Comments

Post a Comment

Popular posts from this blog

Jump In

 "You can't cross the sea merely by standing and staring at the water"  Here are the beautiful words written by Rabindranath Tagore, painter, poet, composer, playwright, philosopher and social reformer. I read them in the preface written by Albert Chaitram Persaud, Founder CAREIF for the report "Improving the Mental Health of South Asian Populations in the United Kingdom" written by Gnanapragasam S.N. and Menon K.V. (2021) on behalf of CAREIF and Ethnic Inclusion Foundation. One of the key recommendations in the report is to ''provide a culturally competent workforce with appropriate cultural competency training so that care provided appreciates cultural (religious/spiritual/faith), historical and gendered influences of South Asians''. While further training is always welcomed, it should not stop organisations to jump right in engaging with communities from various ethnicities, cultures and backgrounds. As humans, we have the innate ability to cr...
Post a Comment
Read more

Ambivalent feelings about staying or leaving

Do you want to stay in one place and be rooted to ground yourself in a specific environment? Do you want to be leaving and go to different places to elevate yourself? Can you do both at the same time? Yes you can do both, do not ever think that where you are is static, the place is constantly changing and it is within the details that you can find new meaning for oneself and if this is not enough, plan time in and go to come back different..
Read more

Kidnapper?

A kidnapper is a person who abducts someone and holds them captive, typically to obtain a ransom. There are many kidnappers in one life. Those who love you may be you holding you captive until all is gone. Your work is too taking away your childhood dream so you can keep running on the treadmill. A tree is too, it gives you air. Cut it, you may die. Find and name your kidnapper and weight whether you shall escape or stay. Remember though as you live one another emerge because the definition of yourself does not exist, you are dependent on others and the environment you are in.
Read more