- Carsten Sprotte
Founder and President, ParisSharing
Debt forgiveness, orchestrated across our modern economies, may be a plausible alternative to our current debt dilemma.
The looming Greek default threatens to undermine our entire economic system Financial markets are panic-stricken. Maybe we need to start thinking outside of the machine that operates us. Perhaps the entire debt structure of our modern civilization is just not sustainable. Perhaps, beyond a certain level of debt, the lender must share responsibility with the borrower for the consequences of excess. This is, in fact, a very very old idea. What do you think?