2021-12-09 09:23:09

“Your Debt Is Someone Else’s Asset”: Calls Mount to Cancel Debt & Halt Wealth Transfer to the Rich

As calls grow for Biden to extend the moratorium on student debt, we speak with the Debt Collective’s Astra Taylor and feature her new film for The Intercept, “Your Debt Is Someone Else’s Asset,” animated by artist Molly Crabapple.

The $15 trillion in U.S. household debt is “a form of wealth transfer” from the poor to the rich, Taylor says. “People are in debt by design.”

Democracy Now! produces a daily, global, independent news hour hosted by award-winning journalists Amy Goodman and Juan González. Our reporting includes breaking daily news headlines and in-depth interviews with people on the front lines of the world’s most pressing issues. 

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Amy Goodman Astra Taylor Debt Debt Collective Democracy Now! Free Speech TV Molly Crabapple Student Debt The Intercept United States Wealth Transfer Your Debt is Someone Else's Asset

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