Save the date! The CADTM’s Summer Days will take place on 7, 8 and 9 September 2018

La Marlagne, Namur, Belgium

28 May by CADTM

The Committee for the Abolition of Illegitimate Debt
will held its 2018 Summer Days
at La Marlagne, Namur,
on September 7, 8 & 9.

The CADTM’s Summer Days will start on the evening of Friday 7 September in La Marlagne and will carry on in festive and militant mood on Saturday 8 and Sunday 9 September 2018. You can register now by clicking here.

Don’t miss the 2018 Summer Days which will be a chance to learn about and discuss developments in the international situation regarding debt and talk to activists from several parts of the world.

Ten years on from the 2008 financial collapse, nothing has been done to bring some order to the international financial system and avoid other banking crises. The debt system has pervaded European economies after States poured hundreds of billions of euros into bank bail-outs. Public debt is used as a pretext to intensify the neoliberal agenda by imposing the privatization of public services after systematically dismantling them. In every sphere of daily life, private debt is suffocating populations: the microcredit scam, abusive terms on mortgage Mortgage A loan made against property collateral. There are two sorts of mortgages:
1) the most common form where the property that the loan is used to purchase is used as the collateral;
2) a broader use of property to guarantee any loan: it is sufficient that the borrower possesses and engages the property as collateral.
loans, student debt linked to the ending of free higher education, and so on. Inequality is growing all around the world.

Resistance is under way, both at European and international levels, through multiple initiatives to oppose austerity and illegitimate debt. It is time to construct concrete solutions and alternatives to capitalism by pushing forward resistance to the neoliberal offensive.

Understanding is a necessary step towards civil disobedience

For over 20 years, the CADTM has been providing in-depth analysis of the debt system which serves capitalist domination in the North and the South. The Summer Days will be an opportunity to think about a variety of topics, such as the struggle to construct a Europe for the people, how banks function and the need to socialize them, environmental debt, citizens’ debt-auditing, new creditors like China, international financial institutions and the activities of the international CADTM network outside Europe.

The programme includes two plenary sessions, workshops combining case-studies with proposals for alternatives, a film projection and other musical and festive events!

You can read the provisional Programme by clicking here

The names of speakers will be provided later

Saturday 8 September
Opening Plenary Session
Ten years on from the 2008 banking crisis which led to States bailing out major private banks, we are faced with austerity and the systematic dismantling of public services with a view to privatizing them. In response, citizens are organizing forms of resistance to the crisis and to austerity by proposing alternatives to the neoliberal and capitalist offensive.

Saturday 8 September
Presentation of Renaud Duterme’s book entitled De quoi l’effondrement est-il le nom? (What exactly is meant by collapse?)

Workshop 1: “What is the debt system?”
o Capitalism, debt system and migrations
o Debt in the North
o Presentation of Éric Toussaint’s book, Le Système Dette. Histoire des dettes souveraines et de leur répudiation (Les Liens qui Libèrent, 2017)

Workshop 2: “The debt system today”
o Vulture Funds Vulture funds
Vulture fund
Investment funds who buy, on the secondary markets and at a significant discount, bonds once emitted by countries that are having repayment difficulties, from investors who prefer to cut their losses and take what price they can get in order to unload the risk from their books. The Vulture Funds then pursue the issuing country for the full amount of the debt they have purchased, not hesitating to seek decisions before, usually, British or US courts where the law is favourable to creditors.
and mortgage loans
o China, a new lending power and the One Belt One Road project
o How is the South resisting the debt system?

Workshop 3: “Converging struggles and Alternatives”
o The debt crisis in Europe and the struggle for alternatives
o Citizen audits (Italy, the Spanish State, France, Gabon, Belgium...): what concrete models? What kind of networking?
o Socialization of banks – for democratic control of finance

Sunday 9 September
Closing Plenary Session

Public debt and social debt: feminist non-payment of debt, with activists from the Spanish State, Italy and Argentina

Book presentations

Saturday 8 September : De quoi l’effondrement est-il le nom ? by Renaud Duterme
Saturday 8 September : Le Système Dette by Éric Toussaint
Sunday 9 September : Il faut tuer TINA by Olivier Bonfond

And in the evening we’ll party
With a show,
a film projection,
a concert: DJ KITOKO and MISS SIROCCO have already confirmed that they will be there!


Price for the two full days including meals : 45€
Reduced rate (students and low income persons) : 20€
Fee of Support : 60€
Price for one full day including meals : 25€ (10€ reduced rate)

Payment : transfer to CADTM n° IBAN BE06 0012 3183 4322 - Code Swift BIC GEBA BE BB, mention « Rencontres d’été 2014 ».

Nota Bene: No inscription will be taken into account until its actual payment

Subscribe by clicking here

CADTM, 35 rue Fabry, 4000 Liège, Belgique, 0032 (0)4 226 62 85
Email : / Tel : 00 32 (0)479 71 02 00
More practical information will be provided on time to participants.

We are expecting you to come in numbers! Register quickly by clicking here so that we can give you the best possible reception!

As every year with the CADTM and analyse the implications of indebtedness in Europe and the world;

...listen and debate with activists from social movements in Greece, France, Belgium, Spain, and also countries of the South (Morocco, India, Argentina, countries in West Africa, etc.); many people working on these issues as well as activists from your own regions; inspired by many experiences of struggle and talk about possible alternatives to the austerity crisis.



35 rue Fabry
4000 - Liège- Belgique

00324 226 62 85