Profits from Poverty? (Barclays Bank version)
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Profits from Poverty?
Artwork by Ralph Steadman. In the 1970s, the world's leading banks lent over
to Latin America. Barclays lent The loans brought prof-
its for the banks and made rich elites richer. As always, hardly any
reached the poorest people.
But it's now the poor who are repaying the debt. Harsh economic poli-
cies, imposed at the insistence of the banks, have cut living standards,
already desperately low, by as much as a half. 150 million women,
men and children live in absolute poverty. Hunger and disease are
increasing. Barclays made E854M profits (before tax) in 1985. Only
because the poor kept paying.
Published by WOW Campaigns
☮️ Organisation: War on Want
🕰️ Age: Early vintage
💎 Rarity: [5/10] Hard to find
📏 Width:
📏 Height
💰 Price Guide: £3 - £6
