Wednesday, May 1, 2024

Doug Casey on How Debt Jubilees Could Reshape Our Economy and Politics

International Man: Four thousand years ago, the rulers of ancient Babylon discovered a technique to stave off violent revolts. Their solution was to enact widespread debt cancellation—a debt jubilee. Debt jubilees acted as a societal pressure release valve when there were no other options.

ORIGINAL LINK: https://internationalman.com/articles/doug-casey-on-how-debt-jubilees-could-reshape-our-economy-and-politics/