debt
Will Ecuador once again set an example of courage in the...
24 March 2020
Will Ecuador once again set an example of courage in the face of creditors? On March 23, 2020, the National Assembly adopted...
Virtual summit, real acrimony: EU leaders clash over ‘corona bonds’
Push by Italy and Spain for new financial instruments faces resistance from Germany and the Netherlands.
By David M. Herszenhorn, Jacopo Barigazzi
and Rym Momtaz
3/27/20
The...
Germany and the Banks destroy Greece (2010, 2015), now they want...
The article we are publishing below is the third in a series inspired by Costa Gavras' film Adults in the Room and the publication...
The Unexpected Reckoning: Coronavirus and Capitalism
The coronavirus pandemic has provoked a severe economic and social crisis, and a reckoning with capitalism’s unmanageability
By Radhika Desai
March 17, 2020
It is perhaps fitting...
A Brady Bond Solution for America’s Unpayable Corporate Debt
by Michael Hudson
March 25, 2020
Even before the Covid-19 crisis has slashed stock prices nearly in half since it erupted in January, financial markets were...
In Light of the Global Pandemic, Focus Attention on the People
International Assembly of the Peoples and Tricontinental: Institute for Social Research
March 21, 2020
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SARS-CoV-2 or COVID19, now declared a global pandemic by...
The Capitalist Pandemic, Coronavirus and the Economic Crisis
by Eric Toussaint
19 March 2020
Part 1
A public health crisis
The coronavirus pandemic is a serious public health problem and the human suffering caused by the...
Debt Forgivness and Nationalization Are the Answers to the Economic Crisis
By Paul Craig Roberts
March 23, 2020
The US airline companies have bankrupted themselves by buying back their stock in an enrichment scheme for CEOs and...
Corona Debt Jubilee
By Michael Hudson
March 22 2020
Cross posted from the Washington Post.
Michael Hudson, author of “… and forgive them their debts” and “Killing the Host,” is...
Escaping the Debt Trap
You can’t really understand the world, especially global North-South relationships, without understanding how foreign aid works. The Debt System will help you do that....