Iolanda Fresnillo
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ifresnillo.bsky.social
Iolanda Fresnillo
@ifresnillo.bsky.social
En rebelió contra el deute, feminista, anticapitalista i no, no sóc economista... sediciosa, tumultuosa i una mica bruixa
Opinions personals
Many other interesting proposals that we’ll need to review more carefully, some fully aligned with
@eurodad
and global civil society ☺️ and others raising some doubts 🤔
Great have this to continue calling for a better and fairer debt architecture and #CancelTheDebt
(6/6)
a baby is reading a book with his eyes closed while sitting at a table .
ALT: a baby is reading a book with his eyes closed while sitting at a table .
media.tenor.com
June 20, 2025 at 12:23 PM
👎The report doesn’t reflect on the proposal by many global south countries and civil society on the need for a #DebtConvention and a multilateral debt resolution mechanism eurodad.org/un_framework...
👍But it calls for the creation of an international bankruptcy court
(5/6)
UN framework convention on sovereign debt - Building a new debt architecture for economic justice
European Network on Debt and Development
eurodad.org
June 20, 2025 at 12:23 PM
#JubileeCommission states “If we don't reform the system itself, we'll continue to reproduce the very dynamics that led us here. The international financial architecture must be redesigned”
We’re all in for international financial architecture systemic transformation
(4/6)
a woman in a purple suit is saying " i 'm in "
ALT: a woman in a purple suit is saying " i 'm in "
media.tenor.com
June 20, 2025 at 12:23 PM
⚠️HIPC was not unconditional, opening the door for many neoliberal reforms that then led to new debts
We need to learn from what worked (#CancelTheDebt) and what didn’t work
🤔It doesn't seem the report does that in detail
But good to see such a clear call for #DebtRelief (3/6)
June 20, 2025 at 12:22 PM
🧐The report rightly points at the need for #DebtCancellation, calling HIPC II.
While I agree on the need for broad debt cancellation of all unsustainable (& illegitimate) debts, it needs to be unconditional 🤔 (2/6) www.theguardian.com/world/2025/j...
Developing countries ‘need more debt relief’ to fund education and health
Research warns poorer governments prioritising debt payments over essential development spending
www.theguardian.com
June 20, 2025 at 12:22 PM
Reposted by Iolanda Fresnillo
Different rules of the game would have radically changed history.
Our counterfactual simulations show that without colonial transfers, Europe would have been a debtor — and South Asia or Latin America could have become global creditors.
[5/8]
June 9, 2025 at 1:37 PM