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RE: Debt forgiveness short interview & history with Chris Hedges

in #economy6 years ago

Welcome, @mysticbard!
Yeah, I totally believe in debt forgiveness. Like, it shouldn't ruin people's lives because they made a mistake and ran a credit card up or Goddess forbid, got an education like everyone told them they must do. And as you say, keeping that debt around burdens the whole economy. It's true on a national-international level, too: all the poorer countries indebted to the IMF that can't get out from under that debt and actually grow their economies.