Debt Servitude

Debt servitude is a form of slavery in which a person is forced to work to pay off a debt. This practice, which is also known as debt bondage or bonded labor, is illegal in most countries. It often involves the use of violence or threats of violence to coerce the person into working to pay off the debt, and it often involves working in conditions that are unsafe or inhumane. Some people who are trapped in debt servitude may be unable to escape even after they have paid off the debt, as they may be forced to continue working to pay off additional debts or interest. The International Labour Organization (ILO) estimates that there are currently around 25 million people around the world who are trapped in debt servitude.

Human Trafficking in California
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Human Trafficking in California

In late January, a statewide task force made hundreds of arrests in conjunction with National Human Trafficking Prevention Month. Sustaining such efforts throughout the year requires understanding the scope of human trafficking and how to combat it. The available data suggest that California accounts for a shrinking share of the trafficking incidents that occur nationally….

Forget drugs. Mexican cartels make more cash trafficking PEOPLE
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Forget drugs. Mexican cartels make more cash trafficking PEOPLE

Forget drugs. Mexico’s cartels make more money trafficking PEOPLE across the border nowadays, using debt bondage to earn $13 billion from migrants’ earnings long after they enter the US, warns Texas ex-lawman Mexican gangs have undergone a ‘tectonic shift’ in operations, says Jaeson Jones Thanks to lax US border security, there’s more money to be made…

Debt slavery is modern-day slavery. – Haqiqi Azadi
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Debt slavery is modern-day slavery. – Haqiqi Azadi

Debt slavery is modern-day slavery. Debt slavery is debt servitude. Debt slavery means debt bondage. Debt turns debtors into indentured servitude. Debt limits the autonomy of the debtor. Debt keeps indebted countries from accumulating capital stock. Debt has a negative effect on economic growth. Debt affects macroeconomic performance. Debt reduces per capita income growth. Government…