Harringay, Haringey - So Good they Spelt it Twice!
Occupy buys 15m US debt.
This is interesting with plenty of scope here...
Occupy in the US "purchases personal debt cheaply from banks before "abolishing" it, freeing individuals from their bills. By purchasing the debt at knockdown prices the group has managed to free $14,734,569.87 of personal debt, mainly medical debt, spending only $400,000."
"We're under no illusions that $15m is just a tiny drop in the secondary debt market. It doesn't make a dent in the amount of debt....Our purpose in doing this, aside from helping some people along the way ... was to spread information about the workings of this secondary debt market."
"http://www.theguardian.com/world/2013/nov/12/occupy-wall-street-activists-15m-personal-debt
Occupy in the US "purchases personal debt cheaply from banks before "abolishing" it, freeing individuals from their bills. By purchasing the debt at knockdown prices the group has managed to free $14,734,569.87 of personal debt, mainly medical debt, spending only $400,000."
"We're under no illusions that $15m is just a tiny drop in the secondary debt market. It doesn't make a dent in the amount of debt....Our purpose in doing this, aside from helping some people along the way ... was to spread information about the workings of this secondary debt market."
"http://www.theguardian.com/world/2013/nov/12/occupy-wall-street-activists-15m-personal-debt
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