Discover 'The Case for a Debt Jubilee', a groundbreaking book by Richard Vague that tackles the overwhelming burden of debt in today's society. With U.S. private-sector loans at record levels and government debt reaching new heights, this essential read unveils how soaring debt stifles growth, exacerbates inequality, and erodes living standards for millions. Vague challenges the mainstream belief that the debt crisis will resolve itself, asserting that escalating debt is an inherent feature of our economic system that needs urgent attention. This insightful book presents a compelling argument for a structured approach to debt restructuring, addressing critical issues like student loans, auto loans, and medical debt. Vague’s blueprint for a 'debt jubilee' is not just a distant dream; it's a practical solution aimed at alleviating the financial strain on countless individuals right now. By focusing on solutions that promote economic justice and sustainable growth, 'The Case for a Debt Jubilee' offers hope and strategies to combat the modern-day debt crisis effectively. Join the conversation on how we can collectively respond to the financial challenges we face today and ensure a brighter future for all. Embrace the possibility of financial freedom and economic renewal.

Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.

Condition: BRAND NEW
ISBN: 9781509548736
Year: 2021
Publisher: John Wiley & Sons (UK)
Pages: 140

Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.

Condition: BRAND NEW
ISBN: 9781509548736
Year: 2021
Publisher: John Wiley & Sons (UK)
Pages: 140


Description:


We were drowning in in record levels of debt before the COVID-19 crisis, and we are now deluged in it. U.S. private-sector loans have tripled relative to income since 1950 “ and government debt is also at an all-time high. Soaring debt burdens individuals, stifles growth, compounds inequality, and brings falling living standards for millions.


Richard Vague™s new book argues that, contrary to mainstream assumptions, we cannot simply hope that the trend will correct itself. Mounting debt is a feature of our economic system, not a bug: debts perpetually grow and compound, polarizing and impoverishing economies if not overtly dealt with. He offers a detailed plan for how we can restructure a range of debts “ such as student loans, auto loans, medical debt and more “ and offer hard-pressed debtors a ˜jubilee™ now, not in some utopian future.


Vague™s bold polemic contains a wealth of ideas that will free millions from modern-day debt peonage, reduce inequality and bring new vigor to the economy as it struggles to emerge from the pandemic.