[Deuda-QdQ] PressTV on CADTM activity in the National Assembly in Paris during this week-end 9-11 December 2011

[Jérôme Duval]

Hola,

El acto de ayer 9 de diciembre en Parlamento frances (Paris)  con Maria
Lucia Fattorelli (Brasil), Noha El Shoky de la campaña *"Drop the
Debt"* (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.
Tendremos más info pronto.
saludos,
Jérôme

>>>

http://www.presstv.ir/detail/214806.html


 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.


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.

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.

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.
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