This September 15 marks ten years since the collapse of Lehman Brothers triggered the 2008 financial crash.
While the global economy appears to be roaring, the hidden story of our current ‘economic boom’ is that debt has kept rising, because money keeps accumulating. We’re sleepwalking to collapse, with global debt having reached US$247 trillion.
Free Money Day is a chance to remind people that debt is temporary when money constantly circulates.
This year we encourage you to leave a few coins or notes on a park bench, hand out money to strangers, move your money to a credit union and keep spreading the word that for our economy to work we need profits to constantly circulate.