The current economic crisis affects us all: many Americans have lost their jobs and homes while around the world 119 million people have been pushed into extreme poverty since it began. Experts expect developing countries’ economic growth to decline by at least 25% just as non profit donors and wealthy governments may be forced to cut assistance.
We've seen this all before: Jubilee USA has produced a new resource examining similarities between the policies promoted by the sub-prime mortgage industry in the US and policies that helped fuel the Third World debt crisis.
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