TRUTH ABOUT DEBT

Inside this section:

Why Drop the Debt?

We are often asked, "How does debt cancellation help end global poverty?" These are the answers. More

How It All Began

How were these huge debts amassed? And why are governments still making so little headway in the struggle to pay them off? More

Debt & the Millenium Development Goals

In 2000, world leaders at the United Nations committed to a set the millennium development goals; development goals that will alleviate global poverty. Full debt cancellation for impoverished countries is an essential tool if we are to have any hope of stopping the rise of global poverty in this generation. More

Cut The Strings

In order for impoverished nations to receive debt cancellation from international financial institutions, they must first implement their economic policies. These harmful “strings” plunge nations further into poverty and disparity. So, why are strings attached and what can you do to help cut the strings? More

Don’t Owe, Won’t Pay

The debts of the Global South are illegitimate debts. Jubilee USA contends that the principle of odious debt support this argument. Why should the people of the Global South endlessly pay for bad loans that never benefited the people and their interests? More

Debt & Related Issues

We need more than debt cancellation to restore relations of justice in the global community. Broader issues must be addressed and far-reaching changes must be enacted. Jubilee USA Network is committed to linking to and addressing these broader issues of Jubilee justice. More