Rethink the Concept of Banks and Currencies
What will banks of the 21st century look like? Well not like you think! Public banking and community currencies are the future of our world.
What will banks of the 21st century look like? Well not like you think! Public banking and community currencies are the future of our world.
Victoria Grant is a 12-year-old Canadian. Her father and she discovered that the debt money system was what was wrong with the Canadian economy and decided to do something about it.
Predatory lenders are keeping us in debt peonage through misguided economics and bank-captured legislators. We just need to recognize our oppressors and throw off their yoke...
Even the world's most resource-rich country has now been caught in the debt trap. Its once-proud government programs are being subjected to radical budget cuts--cuts that could have been avoided if the government had not quit borrowing from its own central bank in the 1970s.
It may sound preposterous that some have called higher education the next big bubble. Hardly surprising: The sum of student debt stands higher than credit card debt across the United States.
Democracy Now interviews Pamala Brown and Andrew Ross on the movement to refuse to pay student debt until we get certain demands met, including free public education. Sign up now.
Thanks to the Occupy movement, more people than ever are thinking and talking about monetary and banking reform. I would like to propose that monetary reform begins in the mind, and then in communities.
Today, student debt is an exceptionally punishing kind to have. Not only is it inescapable through bankruptcy, but student loans have no expiration date and collectors can garnish wages, social security payments, and even unemployment benefits.
Is a college education your best investment? The student debt bubble is about to explode. Student debt has now surpassed credit card debt in the US. Was your college education worth it?
Is it fair to say that the student loan industry is a scam that targets borrowers who will never be able to repay their debts? Are these students like the people who were seduced into taking out subprime loans?
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