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READ WHAT OTHERS HAVE
ALREADY CONTRIBUTED.

Vol 9: 46 -Debt Traps in Ghana and globally
Forgiveness for myself
To writers, thinkers, do-ers
$39,000
A goodbye + another game of cards
Vol 9:008: £350,000
Unconditional love
Peace + freedom for the world
Freedom
 

Contribute to the Book of Debts

Is there something you owe, or are owed, that you would like to draw a line under? A sum of money, an action left undone or a word left unsaid? Or something owed to or by a third party, individual or institution?

You can enter your debt and its story - into the Book of Debts here, now. All contributions are anonymous and you can add as many debts as you like.

The Book of Debts will then be recited and burned, one volume per location, as part of the final performance in each city, in a symbolic act of absolution.

To follow what happens to the Books and their remains, enter your email address when asked and we will invite you to the tour finale in 2015.

Click on Contribute to begin.

DEBT NUMBER

The new lending boom in the global South is being fuelled by banks AND governments. While low interest rates in the US and Europe are leading banks and other private lenders to speculate on developing country debts, aid donors are giving more ‘aid’ in the form of loans rather than grants. Around £1.8 billion of UK aid was given in the form of loans in 2013, mainly through the World Bank. This is 15% of the overall aid budgetEarlier this month, Ghana agreed a loan from the IMF which will be entirely used to help meet debt payments. In 2015, 16% of Ghana's government revenue will be spent on foreign debt payments, including paying over 8% interest rates to international speculators. Ghana’s debt payments are predicted to continue to rise, and could be as high as half the government’s income if expectations of high economic growth are not met. Yet while a new debt trap is well on the way to being set, it is by no means inevitable. Responsible lending policies by lender nations like the UK, and the institutions they control, can still avert a crisis. We’re calling on the next UK government to take three key steps:

  1. Grants not loans for all UK aid, and international lenders the UK funds
  2. Tax justice so that countries don’t have to depend on excessive levels of debt
  3. Fair debt rules for countries, to show reckless lenders they won’t be bailed out and to stop vulture funds profiting from crisis
www.jubileedebt.org.uk to support the campaign

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DEBT NUMBER MAN066

For hurting people with my selfish actions

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DEBT NUMBER fabrica043
NATURE OF DEBT Other
OWED TO Writers, thinkers, do-ers

I owe a lot to people who have given me things to think about and act on. They don't know of my debt to them - which feels sad as they deserve so much. Ian

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DEBT NUMBER 360236215271412
NATURE OF DEBT Financial
OWED TO Student Debt

I had no idea that I'd still be paying off student loans in my 30's. I thought for sure I'd have it paid off and living a comfortable life. After years of searching for full time work (which I am so grateful I now have) and starting a family, my financial debt still sits on my shoulders. When I think of the repercussions this has on my family, I get very sad. I want my babies to be able to go on family vacations, have bicycles, go on boat rides, camping. But we live pay cheque to pay cheque because of my debt, and it breaks my heart. I wish student debts were interest free. I bet I would have paid so much more. But that is not the reality. I wish I could offer so much more to my children, but instead I make monthly payments, half of it going toward interest. I am trying to learn to live with the debt instead of striving to be someplace else. But that is hard.

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DEBT NUMBER MAN254
NATURE OF DEBT Financial

My Grandad, you were moved into a house 18 months ago before you died because Grandma passed away + you needed help with your Alzheimers. Because it was too hard, I never visited you at the house. Sorry you forgot about me. How about another game of cards? Love Laurie

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DEBT NUMBER 3602340920129
NATURE OF DEBT Financial
OWED TO bank
OWED BY me

Mortgage / negative equity / unemployment / strangulation / fear / paralysis/ death grip / future stolen / giving away furniture, plants, bed linen / no home improvements / leaking kitchen roof / shed collapsing inwards / dodgy electrics / want me out in six months / where to go / how to restart / is it possible to restart? yes, it is and i will. f**k them and their debt.

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DEBT NUMBER 360235216221312
NATURE OF DEBT Emotional, Spiritual
OWED TO my mother
OWED BY her daughter

I owe a glad debt of unconditional love to my mother, whom I miss everyday. Without her strength and vision I would not have survived in this world.

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DEBT NUMBER MAN024
NATURE OF DEBT Emotional, Spiritual

I am lucky to bring my family up in the UK. I’m British + proud. What the future holds for the world + my family scares the pants of me. Cx

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DEBT NUMBER MAN253
NATURE OF DEBT Emotional, Spiritual

There should be no visa restrictions. All the citizens in this world should be free to move anywhere. This is OUR world.

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