Debt is what the few use to shackle the many. Collective refusal is how we fight back. We owe it to each other.
London
Joined November 2012
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Strike Debt UK retweeted
The OT has a new website - theoccupiedtimes.org/ - All of our content from Issue 1 to Issue 21's Preview can be found here. Spread the Word
Strike Debt UK retweeted
We're seeing more and more clients with multiple debts, many are important priorities such as mortgage/rent, fuel or council tax arrears.
Strike Debt UK retweeted
Nearly 1 in 7 callers had at least one payday loan. 1 in 6 had arrears on their gas or electricity - or both. 1 in 8 had water arrears.
Strike Debt UK retweeted
55% of callers had a loan or overdraft. 51% had a credit card or store card. Nearly 1/4 of all callers had council tax arrears.
Strike Debt UK retweeted
56% of our callers work. 18% were unemployed, 10% were sick or disabled. 6% pensioners. 2% students. 6% were caring for dependents.
Strike Debt UK retweeted
These figures do not generally include mortgages or secured loans - only any arrears that there may be.
Strike Debt UK retweeted
11% owed £25,000-£50,000, 4% owed between £50,000-£1000,000 and 1% over £100,000.
Strike Debt UK retweeted
20,218 calls were made to our service. 34% clients owed between £1-£5,000. 33% of clients owed between £5,000-£15,000. 14% £15,000-£25,000
Strike Debt UK retweeted
Good afternoon. Many of our followers have mentioned that they find our monthly statistics interesting. Here are a few from February...
Strike Debt UK retweeted
Here's a direct link to @davidgraeber podcast: magiclantern.gold.ac.uk/podc…
And check out the awesome Michael Hardt speaking about, among other things, debt. Because, well, he's awesome. youtube.com/watch?v=66_W9h5d…
Hugely informative interview with David Graeber on his book Debt: The First 5,000 Years. youtube.com/watch?feature=en…
@peregryne And while they're tactically flexible (a good thing), think you'll find their core principles are v much anarchist/anticapitalist
@peregryne SD NY has nothing to do w/ any parties. It's about the systemic centrality of odious debt & building solidarity between debtors.
.@peregryne Nothing's 'above politics.' *Especially* not debt peonage. Debt must be refused because its systemic imposition is illegitimate.
It wouldn't be easy but it could be the system's Achilles Heel. Their economy is built on debt but we're the leverage. #Refuse #StrikeDebt