<?xml version="1.0" encoding="utf-8" standalone="yes" ?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title><![CDATA[Jubilee Centre - Blog]]></title><link>http://www.jubilee-centre.org/jubilee/blogs.php</link><description><![CDATA[Comments on the blog: Solving the credit crunch with a Jubilee Year?]]></description><language>en-gb</language><lastBuildDate>Sat, 28 Feb 2009 09:10:46 GMT</lastBuildDate><item><title><![CDATA[Philip Sampson]]></title><link>http://www.jubilee-centre.org/comments/194/solving_the_credit_crunch_with_a_jubilee_year#comment1174</link><description><![CDATA[Excellent. Two observations. What would be the contemporary equivalent to land which would be periodically redistributed? Secondly, banking and business activity more generally are currently seen as technical, economic matters, and they may indeed have this aspect. But in actual social institutions (banks, businesses) other aspects of creation are distorted if ignored. See this month's Third Way for a discussion of faith in banking as an illustration of this. 'Jubilee' needs to find its meaning within a wider reform.]]></description><guid>http://www.jubilee-centre.org/comments/194/solving_the_credit_crunch_with_a_jubilee_year#comment1174</guid><pubDate>Sat, 28 Feb 2009 09:10:46 GMT</pubDate></item><item><title><![CDATA[Mark Smith]]></title><link>http://www.jubilee-centre.org/comments/194/solving_the_credit_crunch_with_a_jubilee_year#comment1168</link><description><![CDATA[Sounds great! Lets do it. Everyone starts at zero. Gets a fresh chance, and unless I misread it, that's exactly a main aim of the jubilee year. It needs to be embedded in the system too, every seven years. Would force a complete overhaul of business as we would have to plan with the understanding the jubilee clock was ticking down.]]></description><guid>http://www.jubilee-centre.org/comments/194/solving_the_credit_crunch_with_a_jubilee_year#comment1168</guid><pubDate>Thu, 26 Feb 2009 15:21:56 GMT</pubDate></item><item><title><![CDATA[Alex Popkin]]></title><link>http://www.jubilee-centre.org/comments/194/solving_the_credit_crunch_with_a_jubilee_year#comment1167</link><description><![CDATA[If you wipe out all debt then that will reward people who have borrowed irresponsibly. Also, all the banks will collapse so people who have responsibly saved will have their savings wiped out too.]]></description><guid>http://www.jubilee-centre.org/comments/194/solving_the_credit_crunch_with_a_jubilee_year#comment1167</guid><pubDate>Thu, 26 Feb 2009 15:21:31 GMT</pubDate></item><item><title><![CDATA[John Hayward]]></title><link>http://www.jubilee-centre.org/comments/194/solving_the_credit_crunch_with_a_jubilee_year#comment1166</link><description><![CDATA[Except that, unlike the Old Testament system, we would still be trapped into the present interest-based financial system and so, as explained in the blog post, wiping out all debt in one fell swoop would cause the whole system to collapse - which is why even the Jubilee Centre is not proposing such a measure.]]></description><guid>http://www.jubilee-centre.org/comments/194/solving_the_credit_crunch_with_a_jubilee_year#comment1166</guid><pubDate>Thu, 26 Feb 2009 15:20:51 GMT</pubDate></item><item><title><![CDATA[Mark Smith]]></title><link>http://www.jubilee-centre.org/comments/194/solving_the_credit_crunch_with_a_jubilee_year#comment1165</link><description><![CDATA[All for this. Wipe out all debt, worldwide, in one fell swoop. A few greedy bankers will lose out but hey, in another six years time we'll have hocked our souls to them anyways]]></description><guid>http://www.jubilee-centre.org/comments/194/solving_the_credit_crunch_with_a_jubilee_year#comment1165</guid><pubDate>Thu, 26 Feb 2009 15:20:28 GMT</pubDate></item><atom:link href="http://www.jubilee-centre.org/comments.xml.php" rel="self" type="application/rss+xml" /></channel></rss>
