Nesara: The financial fantasy ruining lives
The growing popularity of a conspiracy theory that predicts all debt will be cancelled.
Trending · BBC World Service
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Show Notes
Nesara is a decades-old conspiracy theory whose followers believe all their debts will be magically cancelled in a radical reset of the world’s economic system.
It’s a bizarre and baseless idea whose promoters peddle a vision of a financial neverneverland that is always just round the corner.
Many of those who get sucked in, develop an almost cult-like belief in Nesara that inspires them to make horrific financial decisions that they think will make them rich. It’s a fantasy whose real life impact is dividing families and ruining lives.
So why during the Covid-19 pandemic has Nesara become more popular than ever?
Presenters: Jonathan Griffin & Shayan Sardarizadeh Additional reporting: Olga Robinson Editor: Ed Main
Photo: A graphic of a banknote with an N at the centre. Photo credit: BBC