<div class="gmail_quote"><div bgcolor="#FFFFFF" text="#000000"><div style="color:#000;background-color:#fff;font-family:times new roman,new york,times,serif;font-size:12pt"><div>Hola,<br><br>El acto de ayer 9 de diciembre en Parlamento frances (Paris) con Maria Lucia Fattorelli (Brasil), Noha El Shoky de la campaña <i style><span style="font-size:12.0pt;font-family:"Times New Roman"" lang="FR">"Drop the Debt"</span></i><span style="font-size:12.0pt;font-family:"Times New Roman"" lang="FR"> (</span> Egypto), Fathi Chamki (Túnez), Renaud Vivien (Belgica) y Pascal Franchet del Colectivo para una auditoria ciudadana de la deuda de Francia (Francia) a sido un exito, la sala llena.<br>
Tendremos más info pronto.<br>saludos,<br>Jérôme<br>
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<div>While Europe's leaders gathered in Brussels
with satisfying bankers atop their list, in Paris the
Committee for The Cancellation of Third World Debt met with
far different ambitions. The three-day summit featured
discussions and reports that uncover the illegitimacy of the
developed world's debt and why many feel it should be
cancelled. </div>
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The North/South debt divide exploded in the 1980s thanks to
the neoliberal Washington Consensus, a set of economic
prescriptions for indebted developing countries. The results?
According to the International Monetary Fund, in the past
three decades emerging nations have paid nearly 8 trillion
dollars in debt servicing, yet their principal payment had
increased fivefold to 3 trillion dollars. <br>
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In colonial times indebted nations soon found themselves under
military occupation, but nowadays technocratic governments are
imposed, often staffed with foreign “financial advisors”.
Corruption grows, development projects are mismanaged and
raising living standards takes a back seat to debt repayment,
even if the debt was incurred by dictators or western puppets.
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Across the Middle East, Europe and United States a political
revolution is taking place but an economic revolution is
needed to prevent the continued exploitation of the poor,
whether they be indebted nations or individuals, because
freedom cannot be complete without economic freedom.</span></div>
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