Should countries give debt relief to African nations?
Question:
Answer:
Western countries has exploited Africa in divers ways, has encouraged dictatorship and civil wars over years. The lobby groups keeps selling weapons and supporting civil wars. A country such as Congo , formerly Zaire, would have been as rich as US if Belgian, French and American governments did not abusely supported Mobutu, Kabila father and Kabila son in their destructive wave of Congolese economy.
Zaire is only one of many other examples. The world Bank and Global Monetary Fund have servered as tools for western countries to endebt Africa in order to maintain this continent under political and economical dependance.
Now, should countries give debt relief to African nations? My answer is NO. Western countries would better help Africa to impliment democratic regimes, control their own economy, stop encouraging dictatorship and civil wars. Afterward, African nations should become more responsible and pay their debts with no interest.
It is just insane to wound someone and promise relief at the same time. Africa must stand alone. Nelson Mandela gave the best example to all the nations and South Africa is now showing the path.
all this money we give away with no return,thats just bad business, but if we dont who will.
Its a moot point any way. Most African nations don't have two dimes to rub together. Any hope of collecting the principle back from them, let alone some interest is approaching zero. May as well forgive the debt and look like a nice guy is there is no chance to collect, right?
U2 doesn't care about African people. It is all PR for him. He is a business man with business interest. To think otherwise, is to be self-delusional. That is why he would avoid to pay tax and he isn't the only rich person who does this.
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