"The time has come to #FightTheDebt"

"A tsunami of debt has crashed over the world, and billions of people are drowning.

This week, the G20 will meet to decide the direction of the global economic recovery — and we are demanding debt justice.

The G20 governments are the major creditors to the world. But instead of sending emergency support to the world's poor countries, they have helped big banks and vulture funds to collect money that is desperately needed for public health.

We need to break this system of exploitation — and replace it with a system centred on debt justice and the delivery of green and just transitions everywhere.

This struggle is not new. For decades, peoples and nations have fought debt as an instrument of neocolonial extraction.

Today, we take forward that legacy in a global campaign to #FightTheDebt, using this historic opportunity to advance the cause of debt justice."

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Published on February 28, 2021 08:30
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Brett Hetherington
For readers who like stimulating & original lit-bits on social & personal issues. From the mind of an always-curious author/teacher/journalist living long-term in Europe (Catalonia/Spain.)
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