More than half of India’s agricultural households were in debt, with an average outstanding of Rs 74,121, according to the latest ‘Situation Assessment of Agricultural … Over half of farm households still under debtRead more
Debt
Posted inUncategorized
Dream House, Nightmare Mortgage
You’re saying “our resilience”. Who is the “we” here? For the central bank, the “we” is their clients, the commercial banks, and their role in … Dream House, Nightmare MortgageRead more
Posted inUncategorized
US National Debt Passes $28 Trillion
It finally happened, that glorious moment, when, after teetering on the verge for weeks – for reasons we’ll get into shortly – the incredibly spiking … US National Debt Passes $28 TrillionRead more
Posted inUncategorized
International lending is not required
[youtube https://www.youtube.com/watch?v=6288YPnqPhE&rel=0&feature=relmfu] Richard Werner at the Rhodes Forum 2015
Posted inUncategorized
Debtors’ prisons on the rise as COVID-19 ravages the southern United States
On July 6, 55-year-old Charles Anderson spent his last day in Marion County Jail. He was arrested 28 days prior for unpaid debts regarding his … Debtors’ prisons on the rise as COVID-19 ravages the southern United StatesRead more
Posted inUncategorized
Student Debt Dogs Millennials for a Lifetime
[youtube https://www.youtube.com/watch?v=iQlBLrSNbPU&rel=0&feature=relmfu] Ellen Brown
Posted inUncategorized
One in three college students is food insecure in the United States
Since the onset of the pandemic, food insecurity has skyrocketed throughout the United States. One of the hardest hit segments of the population has been … One in three college students is food insecure in the United StatesRead more
Posted inUncategorized
Public debt — the untold story
Like the 2008 global financial crisis before it, in the wake of the Covid-19 pandemic an all too predictable phenomena has emerged. Whenever new public … Public debt — the untold storyRead more