Are You Financially In Debts?
Struggling to
Free Yourself?
 
Worrying, Worrying & Worrying!
 Not enough money coming in to cover your living expenses and debt payments,
 
Thinking As To How To Get Yourself Out Of Bankruptcy!? Predicament!? Crisis!?
Your
Family & Children were critically affected; Education, Health, Employment, etc.
all gripping
thought have the hold on You,
Life
would not be the same & the last thought

“ Wanting to end Your Life!”

Stop! Stop! Stop!

 You Must Be Strong & It can be resolved !!!…

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Causes of the Debt Crisis

Many people know what it feels like to owe money, even if only to a building society for a mortgage. But it's a different matter altogether to be deeply in debt and unable to repay it. And even worse to be in that situation if someone else ran up the debt and left you to carry it.

When individuals become deeply indebted, they draw a line under the debt. That line is called bankruptcy. It is a line beyond which they do not allow people to fall. No such line can be drawn in international law. When poor countries become deeply indebted they fall into an abyss of economic degradation. Their governments owe vast sums to Western governments and international, Western-controlled institutions. These same institutions then take on responsibility for determining levels of debt relief. This is unjust. It's time we did something about it.

Debt can also lead to and contribute to war. As countries become poorer because of their debts, one route that people take is violence and protest. As this escalates, it can end in war - and does in many countries of the Third World. As the debt crisis broke in the early 1980s, violence in many indebted countries around the Third World erupted into war or escalated dramatically.

Millions of people around the world are living in poverty because of Third World debt and its consequences. Latin America owes £365 billion in debts to other countries and banks (36 per cent of what it produces - its Gross National Product), while sub-Saharan Africa owes £140 billion (83 per cent of its total GNP). These enormous debts mean that repayments to Western Creditors take priority and ordinary people suffer: in poor health, in restricted access to education, in lack of employment and in limited ability to trade and provide for themselves.

In the Third World countries 7 Million children die each year as a result of the debt crisis 3981943 children have died since the start of the year 2000. The poor have been hit hardest.

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