Myth 9: Everyone has to pay their debts

Myth 9: Everyone has to pay their debts

We need debt management not reduction, says Dinyar Godrej.

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NI 488 - 10 economic myths - December, 2015
Robber banking baron: Ricardo Salgado, former chief executive of collapsed Banco Espirito Santo. The poster in Lisbon, Portugal, says: ‘It’s hard to be a banker these days.’Francisco Seco/AP/Press Association Images

Getting away with murder

Susan George tells a story that's beyond belief.

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NI 482 - Global banking now - May, 2015
Rise up! Action and resources on debt ICAN

Rise up! Action and resources on debt

Fired up? Here’s were to get more info and tool up to fight the global debt scam.

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NI 464 - Debt - a global scam - July, 2013
Faces of dissent: revolutionary graffiti in Cairo.Jubilee Debt Campaign

Fight debt: altogether now!

Debt is used to break nations. But resistance is fertile – and the North could learn a few lessons from the South, argues Nick Dearden.

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NI 464 - Debt - a global scam - July, 2013
Merkel the puppeteer: a mural in Lisbon, Portugal, depicts the Portuguese Prime Minister and Foreign Minister as the German Chancellor’s playthings.Rafael Marchante/Reuters

Debt, austerity, devastation: it’s Europe’s turn

The austerity prescription fattens the creditors and punishes the innocent. Susan George laments a leadership subservient to the desires of finance.

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NI 464 - Debt - a global scam - July, 2013

Debt – The Facts

At any given time countries both owe debts and have them owing to them. Who owes what and what's the bigger crisis – foreign or domestic debt.

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NI 464 - Debt - a global scam - July, 2013
Let us prey

Let us prey

Vulture funds buy up ‘bad’ debt owed by countries in distress and aggressively sue for full payment, plus compound interest.

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NI 464 - Debt - a global scam - July, 2013

Debt – a global scam

The standard response to the current financial crisis has been to punish the presumed debtors. Are the creditors blameless, then? asks Dinyar Godrej.

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NI 464 - Debt - a global scam - July, 2013
The Euro debt crisis: bailout or default?

The Euro debt crisis: bailout or default?

Stergios Skaperdas and David Olive wrangle over the best strategy for Greece and beyond - read their arguments and join the debate.

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NI 448 - The arms trade - December, 2011
One of the unemployed millions: a homeless woman in San Francisco.Franco Folini under a CC Licence

The US is not teetering on the edge of bankruptcy

As Obama ushers in a new debit-limit bill, Mark Engler explains how the argument ‘We’re broke’ is used to justify the demolition of social safety nets.

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NI 444 - The changing face of masculinity - July, 2011
Photo: REUTERS

Bust! the gambling boom

David Ransom finds a likeness between the addictions of gambling and the speculative impulses of capitalism.

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NI 412 - Dropping the bomb - June, 2008

Articles in this category displayed as a table:

Article title From magazine Publication date
10 economic myths December, 2015
Global banking now May, 2015
Debt - a global scam July, 2013
Debt - a global scam July, 2013
Debt - a global scam July, 2013
Debt - a global scam July, 2013
Debt - a global scam July, 2013
Debt - a global scam July, 2013
The arms trade December, 2011
The changing face of masculinity July, 2011
Dropping the bomb June, 2008
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