The Coming First World Debt Crisis


With the housing slump in the US and the widening credit crunch, a global debt crisis looms larger. With money lenders as the masters of the economy, what role do faith organisations have to play in restoring the balance; should we be reviving the sin of usery?

Ann Pettifor is the campaigns director for Operation Noah the climate change operation at Churches Together in Britain and Ireland. She also led Jubilee 2000, which resulted in the cancellation of $60bn of developing country debt.

Ann Pettifor