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G20 failure to tackle debt 'incredible'

Categories: Articles:Third World Debt | Published: 05/11/2011 | Views: 1830
Commenting on the failure of the G20 to do anything to bring in a global system to deal with debt crises, Tim Jones, Policy Officer at Jubilee Debt Campaign said: "It is incredible that the in the midst of another global debt crisis, the most powerful countries are still failing to regulate irresponsible lenders."  Jones continued: "An orderly system is needed to cancel unjust debts, neutral of both creditors and debtors. Yet the G20 seem happy to continue with the debt debacle currently being played out in Europe, as has been seen across the world for the last thirty years."

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