Webmaster’s note: as Jamaica faces yet another round of austerity measures in a desperate attempt to get back on track with its latest IMF programme, a call has been made for debt repudiation backed up by an audit of its national debt. While we do not agree with everything in Lloyd D’Aguilar’s article, we share the view that a rebuilding of Jamaica’s shattered social infrastructure and the achievement of sustained economic growth will not be possible without substantial debt restructuring to reduce the crippling burden of its national debt on the public finances and on the national economy.

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Watch Debtocracy–the acclaimed documentary on the causes of the Greek debt crisis and its solutions, that you won’t hear about from the corporate media.