Committee for the Abolition of Illegitimate Debt

In these most uncertain times one thing is certain: we won’t give in! We will hold on to all we believe in, and particularly the wish to share with you (in spite of health hazards and with all necessary caution) a new edition of our Autumn Meeting Days!

While public debts soar to new peaks and while we are already told that 2021 will be another year of austerity,
While the world of finance seizes the opportunity to organize its bailout by the States and leave them the billions of euros of debts they have speculated with over the last years,
While 100% of hospitals in Belgium and in other countries will be in the red at the end of the year,
While tenants and debtors are under pressure to pay up but landowners and banks are protected by governments,
While millions of people have to call upon what is left of the social state and social security to survive,
While women (and a fortiori racialized women) are once again the most exposed to the impact of those crises,
While the few who already own most global resources have reaped, within a few months of pandemics, profits that amount to several times the public debt of Greece,
While in spite of all sorts of announcements and a worsening health situation in countries of the South, public and private creditors in the North as well as international financial institutions still won’t query the repayment of odious debts,
More than ever, we need a time and place to meet, discuss, organize, construct – through our struggles – desirable alternatives and to bring down this inhuman, absurd system (and to have a good time together, too)!
In this context the CADTM decided that its traditional summer meeting days will take place in 2020, on 17 and 18 October.