Debt and the 1% vs the 99%
COURSE FULL. YOU CAN E-MAIL US AT [email protected] TO JOIN THE WAITING LIST 

We hear so much these days about the evils of debt, particularly how it endangers societies like Greece. Yet few understand what is really at stake in the battle over debt. The 1% need people and countries to take on debt because they want the assured returns debt provides. So they push as much debt as possible on people and countries. Essentially this is another way to get the 99% to work for 
the 1%. Yet, when a debtor country cannot repay, the creditors demand repayment,  whatever the consequences for the affected population.

Now a new approach is being considered - a way to “work out” a troubled national debt situation so that it is acknowledged that the debt cannot and will not be repaid, and that the creditors and debtor share the pain. Rather than putting a country’s population on a severe diet of indefinite hardship, everyone moves on. 

In this course we will examine how debt is being used as a tool to further enrich the 1% and how countries in debt are pushing back. We will look at the new approaches being considered to regulating global lending practices and to enable a country in default to get back on its feet. This will bring the desires of the global financial system and the needs of people into greater balance. 

Come away with a deeper understanding of the “debt wars” and how it is likely to 
change for the better.


Moderator: Pat Simke

Dates and Time: October 6 and 13

Location: OISE, 252 Bloor Street West, Room TBD

Maximum Size of Class: 25

Booking: See Terms and Conditions. To book a course, you can register on-line below, or you can send us a cheque, payable to Learning Experiences at 102 Bloor Street West - PH9, Toronto, Ontario, M5S 1M8. COURSE FULL. YOU CAN E-MAIL US AT [email protected] TO JOIN THE WAITING LIST