Global debt just reached a historic record of $348.3 trillion — more than three times the size of the world economy. Mortgages, consumer loans, corporate debt, and government deficits continue to grow at extraordinary speed. Why?
There is an explanation that is rarely discussed in public debate. In today’s system, money itself is created as debt. This means the money supply can only grow as debt grows. Is there a way out from under the ever-growing mountain of debt?
Together with 20 partner organizations, we have invited former IMF and Bank of England economist Dr. Michael Kumhof. He explains how the current system fuels over-indebtedness, inequality, and financial crises — and presents a credible and realistic alternative: debt-free money.
Register now to secure your spot on Thursday, May 28, 6:30-8pm CEST:
