Officially it's "Juneteenth National Independence Day". According to Wikipedia, there's two names I prefer. One is Emancipation Day, which is the obvious way to go. The other is Jubilee Day. In ancient Israel, Jubilee was an event that occurred once every 50 years, which included freeing all the slaves.
All slaves and indentured servants (at least the Hebrew ones) were to be freed. All debt was to be forgiven, and all land was to be returned to its original owners.
Imagine if we had a Jubilee in the U.S. and all non-foreign debts were forgiven. The repercussions and logistics of it alone would be mind-blowing. As would the systems debtors put in place to minimize their losses.
Officially it's "Juneteenth National Independence Day". According to Wikipedia, there's two names I prefer. One is Emancipation Day, which is the obvious way to go. The other is Jubilee Day. In ancient Israel, Jubilee was an event that occurred once every 50 years, which included freeing all the slaves.
According to bibliotech.us:
Imagine if we had a Jubilee in the U.S. and all non-foreign debts were forgiven. The repercussions and logistics of it alone would be mind-blowing. As would the systems debtors put in place to minimize their losses.