The Dictionary of Debt (III): Public Debt, Public Deficit, Eurobond, Extending Loan Maturity

Debt (Public): The total loan obligations of the state. It may refer to the debt of the central government (the ministries and the decentralised governance bodies), or the general government (central government plus hospitals, pension funds, public companies, and local authorities). Depending on its origin, debt is divided into internal and external. As for debt…

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The Dictionary of Debt (II): CDS, Credit Rating Agencies, Debt Audit Commission, Debt Negotiations / Restructuring of Debt

Credit Default Swaps (CDS): Insurance contracts which cover the buyer (e.g. a bank that buys a bond) against the occurrence that the bond issuer (e.g. a country) defaults; they are a ‘fruit’ of the 1990s. A bank which purchases government bonds may insure its bond purchases with another bank, which undertakes to pay the insurance…

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Debt Resistance in the UK: Event 2

Debt Resistance: A seminar for analysis and action (Saturday 23rd November 2013, London). A full day seminar with George Caffentzis and others to bring together activists and academics, campaigners and theorists, to examine debt and resistance in the UK and around the world. An opportunity to deepen analysis of debt, create links, and investigate strategies…

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Debt Resistance in the UK: Event 1

Two unique events exploring debt, crisis and resistance in UK: a public lecture (Thursday 21 November) and a seminar (Saturday 23 November) with George Caffentzis, David Graeber, Christina Laskaridis, Johnna Montgomerie and others. Event 1 Debt, Crisis, Resistance – lecture w/ George Caffentzis @davidgraeber Christina Laskaridis of @CorpWatchUK

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