Sunday, 1 February 2015


The Washington Post reports that the government of Croatia has spent around twenty-seven million euro to forgive the financial obligations of some sixty thousand of its poorest citizens. Thousands of families caught in an unending cycle of indebtedness—that could well be inherited across generations have been given the chance to start anew, and it does seem a very small price to pay to restore a degree of dignity and independence as well as probably being more of a bargain in the long-term over paying benefits that only enrich the lenders. What do you think about this bold and unique act?