The vast majority of nations have spoken out for a change to the broken debt system.
On Monday the National Union of StudentsNUS also claimed the current fees and debt system was "broken and unsustainable".
He criticises the foreign debt system that has become a tool by which rich countries control poor countries.
No such body of law exists at the international level, and some believe this vacuum is the primary difficulty with the international debt system.
The overwhelming majority of Occupiers were, in one way or another, refugees of the American debt system … The rise of OWS allowed us to start seeing the system for what it is: an enormous engine of debt extraction.
The debt system, structural adjustment, free trade agreements, tax evasion, and power asymmetries in the World Bank, the IMF, and the WTO are all major reasons that inequality is getting worse instead of better.
"With those feelings used as inspiration and my belief that the student loan debt system is used as a 21st-century oppressive tool in a patriarchal society, and it involves socioeconomic status, race, et cetera, that this connection makes sense.
So threatening to blow up the current government debt system is not a credible threat, unless you sincerely believe that this would be a good thing ultimately for all concerned.
For those unfamiliar with the book (or at least for those who don't remember), The Grapes of Wrath tells a simple story: devastating weather and a bank's debt system force the Joad family off their farm; they go west, for work and good weather in California.
The goal, according to the Rolling Jubilee's charter, is to create broad resistance to the debt system, "with the ultimate goal of creating an alternative economy that benefits us all and not just the 1%." On a recent Friday, the Rolling Jubilee celebrated its anniversary in the basement of the Church of St .Luke and St. Matthew (the patron saints of artists and bankers, respectively) in Brooklyn.
