The United States and other first world nations have been asked to forgive debts of foreign third world nations. We have obliged in doing so. This is a tremendous gift to the world, yet there are a few problems with this. Number one; that money, we as a nation are paying interest on the debt. It adds to our national debt. Another issue is that when you give away money you make others weak; "give a man a fish" theory. Often when we give other nations monies we do know ear marked for a specific use.
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