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Selected Articles: After the Lockdown: A Global Coronavirus Vaccination Program…
By Global Research News
Global Research, March 24, 2020

Url of this article:
https://www.globalresearch.ca/selected-articles-debt-jubilee-avoid-depression/5707372

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The Decade of Transformation Is Here: Remaking Health Care

By Margaret Flowers and Kevin Zeese, March 24, 2020

Response to the pandemic and economic collapse are already showing change is possible. As part of what may be nearly a $2 trillion stimulus, even Republicans are urging cash payments to most people in the form of a short-term universal income, providing businesses with financing so they do not go bankrupt, and the government taking an equity share of large industries that seek financial support. Prisons are releasing inmates, police are arresting fewer people, and evictions and water and power shutoffs are being stopped. It is our responsibility to push for what we need and to ensure these crises are not used to put harmful policies in place.

UNHCR Lies About Nicaragua – Standard Western Reporting

By Stephen Sefton, March 24, 2020

On March 10th this year, the UNHCR made the entirely false claim that 77,000 Nicaraguans are currently seeking refugee status in Costa Rica. That claim is a downright lie. Despite the mercenary opportunism of the Costa Rican government, which has received over US$600m to assist alleged political refugees from Nicaragua, Costa Rica’s own migration statistics give a very different account.

A Debt Jubilee Is the Only Way to Avoid a Depression

By Prof Michael Hudson, March 24, 2020

Even before the novel coronavirus appeared, many American families were falling behind on student loans, auto loans, credit cards and other payments. America’s debt overhead was pricing its labor and industry out of world markets. A debt crisis was inevitable eventually, but covid-19 has made it immediate.

Massive social distancing, with its accompanying job losses, stock dives and huge bailouts to corporations, raises the threat of a depression. But it doesn’t have to be this way. History offers us another alternative in such situations: a debt jubilee. This slate-cleaning, balance-restoring step recognizes the fundamental truth that when debts grow too large to be paid without reducing debtors to poverty, the way to hold society together and restore balance is simply to cancel the bad debts.

EPA Proposes to Restrict Applied Public Health Scientific Research in Midst of Coronavirus Pandemic

By Michael Halpern, March 24, 2020

The Environmental Protection Agency moved today to restrict the types of research that can be used in public health protection decisions and scientific assessments. In the midst of the coronavirus pandemic, the agency is recklessly giving the public just 30 days to comment on this sweeping proposal. UCS developed a guide to assist you in making a public comment, and if you are able to do so, you should.

After the Lockdown: A Global Coronavirus Vaccination Program…

By Prof Michel Chossudovsky, March 24, 2020

The tendency is towards a Worldwide lockdown spearheaded by fear and media disinformation. Currently, hundreds of millions of people Worldwide are under lockdown.

What is the next step in the evolution of the COV-19 Crisis?

A coronavirus vaccine program was announced at Davos at the World Economic Forum (21-24 January) barely 2 weeks after the cornonavirus was identified by the Chinese authorities on January 7.

COVID-19 Pandemic and Coronavirus Suppression – Should Schools Close?

By Gideon Polya, March 23, 2020

The world is in the grip of a COVID-19 pandemic that is now impacting relatively poor countries in Africa and South Asia. Rich island continent Australia (population 25 million) has only about 1,000 cases so far and has achieved this through tough travel bans, selective testing, contact tracing, case isolation, quarantine and public education. However there is a big debate in Australia over whether to follow the UK with an aggressive coronavirus suppression program that includes closure of schools and universities.

Everything Accomplished During the Great Depression to Make Capitalism Workable Has Been Taken Away Resulting in Economic Crisis that Only Debt Forgiveness Can Mitigate

By Dr. Paul Craig Roberts, March 23, 2020

Debts have to be cancelled as they are smothering individuals, businesses, and the economy. Our economic culture is accustomed to thinking that debt must be paid. The belief is that to reward those who did not live frugally and avoid debt subsidizes and encourages bad behavior. But in this case, unless debts are forgiven the frugal and responsible go down with everyone else.  As I have emphasized for 20 or more years, globalism stopped real family income growth by offshoring high-value added jobs.  Under Alan Greenspan, the Federal Reserve used debt expansion to take the place of income growth in order to continue to fuel aggregate consumer demand.

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