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Economy Wednesday 26 May 2021, by Éric Toussaint Éric Toussaint is interviewed by Roberto González Amador from Mexico’s main left-wing daily newspaper La Jornada. The spokesperson for the international network Committee for the Abolition of Illegitimate Debts (CADTM) argues for an end to patents. [1]. The seeds of a debt trap whose effects will be seen in the years to come The first economic response to deal with the crisis evolving from the Covid-19 pandemic, a response that prevailed almost everywhere, was to inject liquidity into the financial markets and to contract more public debt. This eventually benefits Big Capital, the large shareholders of big corporations and the investment funds that develop speculative activities. And, at the same time, it sows the seeds of a debt trap whose effects will be seen in the years to come, says Eric Toussaint, spokesperson for the international network of the Committee for the Abolition of Illegitimate Debts (CADTM).

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