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Debate Debt Jubilee to avoid economic collapse and subsequent depression.

Submitted on Sunday 3rd May 2020

Rejected on Tuesday 21st July 2020

Current status: Rejected

Rejection code: irrelevant (see below for details)

Petition Action

Debate Debt Jubilee to avoid economic collapse and subsequent depression.

Petition Details

A debt jubilee is a clearance of debt from public records across a wide sector or a nation. Such a jubilee is proposed as a solution to debt incurred or anticipated during the 2020 coronavirus recession. Further Information... https://en.m.wikipedia.org/wiki/Debt_jubilee

Additional Information

To prevent the obvious suffering and unrest a massive economic depression will bring to the UK.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

We can't accept your petition because the UK Government and Parliament aren't responsible for the issue you raise. The UK Government and Parliament aren't responsible for private debts - forgiveness of debts would be a matter for lenders and borrowers.

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