Nesara: The financial fantasy ruining lives

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