Indebted Countries

Environment: Too many of us know how debt can take control of what we can and cannot do
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Environment: Too many of us know how debt can take control of what we can and cannot do

ByEyes on Trafficking News

The recent mini-budget, overnight, drove millions of people even deeper into poverty, and threatened millions more with poverty for perhaps the first time. By Ci Davis4th Nov 2022, 8:47am  One reason was the huge rise in interest rates resulting from ‘the markets’ being spooked by the proposed ‘unfunded debt’ – massive increases in government spending with…

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

ByEyes on Trafficking News

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…