debtjustice.bsky.social
We’re campaigning to end unjust debt and the poverty and inequality it perpetuates. #CancelTheDebt #DebtJustice Formerly Jubilee Debt Campaign
57 posts
1,262 followers
139 following
Prolific Poster
Conversation Starter
comment in response to
post
@debtforclimate.bsky.social @cafod.bsky.social @christianaiduk.bsky.social @theglobalgoals.bsky.social @malalafund.bsky.social @waronwant.bsky.social
Video and music @samnicklin.bsky.social
comment in response to
post
Massive congrats to @bambosmp.bsky.social for an excellent debate in Parliament just now on debt cancellation and to the drafters of the bill @kpatricio.bsky.social, Stephen Connelly and @celinetan.bsky.social
Much more to be done, but justice is certainly around the corner.
#CancelTheDebt
comment in response to
post
Brilliant to hear MP Emma Reynolds "supports expansion [of debt mechanisms] to middle income countries and automatic suspension of payments during negotiations"
comment in response to
post
FACT CHECK - this new debt justice law would NOT cost the UK tax payer. No idea where that came from but this law is specifically looking to compel private lenders to participate in debt initiatives like G20 framework.
Read more here: debtjustice.org.uk/wp-content/u...
comment in response to
post
"Debt relief should be used as a strategic tool"
No. Just really, No. Freedom is not a tool of the global north to use to 'develop' the global south.
Debt has always been used as a tool of exploitation, debt cancellation should address this, not be seen as another way to wield a colonial tool.
comment in response to
post
"The case for debt cancellation is clear - it allows countries to be independent of oversees development. It has seen to reduce poverty, increase education opportunities... We support FULL DEBT CANCELLATION"
- MP Monica Harding
comment in response to
post
Kenya spent more than 5 times on debt repayments than on climate protection. They are paying for a crisis they did not create.
"[This bill] addresses the structural inequalities of colonialism, which have been instrumental in creating the debt that we are addressing today" - MP Bell Ribeiro-Addy
comment in response to
post
"We're facing the most acute debt crisis in history, spending more on debt servicing than providing vital public services... We are in a jubilee year - as said in the bible, let's be open hearted and give what is needed. Not generosity but JUSTICE"
Wise and important words from MP Brian Mathew
comment in response to
post
"The debt crisis leading to more poverty, hunger and war...[Lower income countries] can't negotiate as power held by private creditors who have one incentive, to hold out for more profit."
- MP Jeevun Sandher
It is vital for the UK to pass a debt justice law. Thank you @jeevunsandher.bsky.social
comment in response to
post
Kicking off is @bambosmp.bsky.social on the success of our Jubilee 2000 Drop The Debt campaign.
It was good, but not enough and now countries are in a similar situation again. Private creditors are making a profit from suffering.
But millions of people are coming together to say #CancelTheDebt
comment in response to
post
90% of debt contracts used by the global south are rooted in UK law. So the UK could play a massive role in ending the debt crisis.
This bill outlines why we need a new debt justice law to address the injustices faced by the global south.
Here’s Karina’s thread on the bill bsky.app/profile/kpat...
comment in response to
post
📝 You can write to your MP urging them to participate in the debate and support the bill via this webpage from Debt Justice UK: act.debtjustice.org.uk/demand-debt-....
comment in response to
post
This bill, which I co-drafted with my colleagues Stephen Connelly and Celine Tan in collaboration with @debtjustice.bsky.social, builds on the Debt Relief (Developing Countries) Act 2010, expanding its principles to limit recoverable debt to what a creditor would...