Debt as a Type of Warfare Against People

Executive Summary

  • Debt is a primary way that monied interests persecute those with fewer financial resources.

Introduction

How debt is often used is described in the following quotation.

“In America, in colonial times, sharpies (especially from Britain) would lend farmers money that they knew the farmer couldn’t pay, then they would foreclose just before the crops came in. Right now you have corporate raiders, who are raiding whole companies by forcing them into debt, and then smashing and grabbing.” – Michael Hudson 

Source: Evonomics

https://evonomics.com/how-financial-parasites-and-debt-bondage/