I am looking for the opinion of an expert in economics on the Rolling Jubilee project. If you do not have any formal education in economics, I would kindly request you to please make clear that your opinion is layman speculation. Website: http://rollingjubilee.org/ Warning: layman speculation below I don't understand how this could work. How do you just erase debt? Who is losing money here? The banks? How can the banks just afford to erase the debt? Isn't this just encouraging the banks to give more bad loans?