Jubilee Debt Campaign Birmingham

Supportive article from the Archbishop of York

Posted on: October 12, 2012

In an article in the Guardian of 9th October John Sentamu, Archbishop of York, calls for a new Jubilee.

 

He points out that today the poorest in our society – in the richer nations as well as the poorer – are suffering the most from a financial crisis caused for the most part by the greed and speculation of the wealthy. He argues that a new Jubilee today requires lenders and borrowers jointly to share risk so that the burden of debt is shared

Second, governments should reckon to raise funds not just by borrowing but progressive taxes, including those for companies and investors. Thirdly there must be rules for financial markets to work better. Regulation of capital flows should help to shift money from being a means of speculation to that of exchanging goods.

Points that are covered in jubilee for Justice

Add you support and read the article  in full

Rev John Nightingale Chairman of Jubilee Debt campaign Birmingham group

 

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This is the blog of the local group of the UK campaign calling for cancellation of international Debt.

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