Tag Archives: debt

Tunisia: January, the month of logical revolts

by Fausto Giudice

It was predictable, it was foreseen and it happened: Tunisia exploded from below on Monday, the 8th of January.

In all parts of the country, marginalised youths attacked police stations, supermarkets, authorities – tax centres, municipalities, governorates – and blocked trains, and clashed with police and the military, who made generous use of tear gas. A 43-year-old man, Khomsi Yafreni, was killed in Tebourba on Monday night and his funeral on Tuesday gave rise to further clashes. The Interior Ministry has denied that he was killed by the police. 800 “rioters” were arrested. The reaction of the government and the official media was lamentably unanimous: they did not speak of protests, but of riots instigated by thugs and bandits. “There are no protests at night”, was the sentence issued by Prime Minister Youssef Chahedh, who promised that “2018 will be the last difficult year for Tunisia”. We would like to believe it.

USA | Student Debt Slavery: Bankrolling Financiers On The Backs Of The Young

Higher education has been financialized, transformed from a public service into a lucrative cash cow for private investors.

by Ellen Brown


The advantages of slavery by debt over “chattel” slavery – ownership of humans as a property right – were set out in an infamous document called the Hazard Circular, reportedly circulated by British banking interests among their American banking counterparts during the American Civil War. It read in part:

India | Farmers storm India’s national capital, demanding freedom from debt and better price for their produce

Several thousand small-holder farmers from across India held a massive demonstration in New Delhi, from 20-21 November to draw attention to the acute agrarian distress plaguing the countryside and seeking immediate intervention by the Union Government.

Mozambique’s illegitimate hidden debt

The report on the audit on Mozambique’s “hidden” debt (2 billion dollars) made at the request of the Attorney General of Mozambique, began to circulate in late June 2017, several months behind schedule. Only the findings are currently available. They are clear: beyond the limits specified by the US cabinet Kroll: a large part of these loans are illegitimate.

Greece | Why Greece is Germany’s ‘de facto colony’

For days, the Greek leader has been working the phones, trying to secure the best possible terms for his country as it enters the last mile of its seemingly endless cycle of bailouts. So far, his efforts have won him more mockery than respect — especially in Germany.