The Debt Game - Jubilee Movement Welcome Evening
Tue 26 Jul
|Next to Wagamama. Angel Central
Join us to learn how the global debt system works and how we can CANCEL THE DEBT!
Time & Location
26 Jul 2022, 18:30 – 22:00
Next to Wagamama. Angel Central, Islington. Nearest tube: Angel (5 minutes)
About the event
WHILE THE DEBT EXISTS, NOTHING WE DO REALLY CHANGES ANYTHING ....
Tickets are free. Register here.
"Emerging and developing economies have been the worst hit by previous debt crises, World Bank research shows.
To meet debt payments, at least 100 countries will have to reduce spending on health, education and social protection, the IMF estimates. If countries default on their debts, it can cause panic on financial markets and economic slowdowns .." What does Global Debt Mean and How High is it Now? Weforum, May 16, 2022.
Debt means the property of the rich and the poverty of the poor. That's how wealth works. Inequality is manifest in debt and while inequality is increasing - which it is everywhere - there is less and less action to halt climate catastrophe.
Time really is running out. Morally and strategically, we need to cancel the debt.