Tag Archives: Debt Jubilee

A Debt Jubilee Is the Only Way to Avoid a Depression

By Michael Hudson Source: The Unz Review Even before the coronavirus appeared, many American families were falling behind on student loans, auto loans, credit card balances and other payments. America’s debt overhead was pricing its labor and industry out of … Continue reading

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The Key to a Sustainable Economy Is 5,000 Years Old

By Ellen Brown Source: Truthdig We are again reaching the point in the business cycle known as “peak debt,” when debts have compounded to the point that their cumulative total cannot be paid. Student debt, credit card debt, auto loans, … Continue reading

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