STWR - Share The World's Resources

Search Newsletters Webfeeds
  • Decrease font size
  • Default font size
  • Increase font size
IMPORTANT NOTICE
STWR has launched a new website:
www.sharing.org

This older website is no longer being updated and is due to be closed down within the next few weeks.

All of STWR’s own content has been transferred to the new website, but most of the third-party content currently on the old site will soon be unavailable.

If you have any questions, contact info@sharing.org

Global Financial Crisis

Latest   Overview   Key Facts   More Info   News Alerts
Money as Debt
Print E-mail

47 mins.  An animated presentation of "Money as Debt" tells in very simple and effective graphic terms what money is and how it is being created.

9th January 08, Paul Grignon

Debt -government, corporate and household- has reached astronomical proportions.

Where does all this money come from? How could there be that much money to lend? The answer is...there isn't. Today, money is debt. If there were no debt, there would be no money. If this is puzzling you, you aren't alone. Very few people understand, even though all of us are affected. 

The Cowichan Citizens Coalition and its "Duncan Initiative," which questions how governments address national debt as compared to social services for their citizens, received high praise from those who previewed it.

This film is a painless but hard-hitting educational tool and warrants the widest distribution and use by all groups concerned with the present unsustainable monetary system in Canada and the United States.