The Resurgence of Authoritarianism: Is the Boomerang Approaching?

(By Alicé Nascimento | New York Amsterdam News | Word In Black Credit: Towfiqu Barbhuiya/Unsplash) Increasingly, voices proclaim “authoritarianism is a boomerang.” A debt crisis fuels this cycle. Historically, financiers wielded tactics to trap marginalized communities in debt, perpetuating inequality. The current scenario, reminiscent of Jim Crow, sees hedge funds exploiting nations, imposing austerity, and crippling essential services. The Debt Justice Alliance advocates for reform, aiming to close legal loopholes that empower these predatory practices. Our mission is to ensure equitable debt recovery for all, safeguarding our communities from financial exploitation.