Strike Debt To Change Tactics

Mar 11th, 2014 • Category: Culture & Activism

By IRATI EGORHO DIEZ, age 11

PHOTO: The All-Nite Images
PHOTO: The All-Nite Images

Rolling Jubilee, a project by the Strike Debt movement that started in 2012, has raised $701,317 to abolish $14,734,569.87 worth of debt. This project buys people’s debt at a fraction of its worth as a demonstration against a society that revolves around Wall Street profits. After 2014, the project will stop abolishing debt in the same way, and will instead find new ways of developing a collective power against creditors.

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