Friday, September 2, 2011

Charles Hugh Smith calls for Jubilee

Smith reprints an excellent article on his website, by Zeus Yiamouyiannis, Ph.D., read it here:
Debt forgiveness simply calls out either the inherent systemic inability to make good on debts or the recognition that debt was produced through fraudulent means. In the present situation, both conditions obtain. There has likely been no point in world history where debt forgiveness has been so comprehensively merited. The only speculation from my point (barring world-wide global feudalism and eternal debt slavery) is whether we will initiate such forgiveness or be forced into it.


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