Cancel Our Debts, Then Cancel Debt ...Middle East

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The story of the pandemic is also a story about debt. One recent survey, conducted in October, found that more than a quarter of respondents had accumulated over $10,000 in new debts during the crisis. One in three had taken out a new credit card. An analysis from Philadelphia found a 70 percent increase from last year in people paying rent on credit and that, by December, rent-burdened households will owe roughly $7.2 billion in back rent, an average individual burden of $5,400. The crisis of American debt predates the pandemic, but it’s clear that nine months of record unemployment and little relief has sharpened the knife for millions of people. Meaning, conservatives in Congress have cre

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