Nations

Should nations forgive each others debts to reduce poverty?

For

Debt relief helps developing nations progress.

Against

It encourages poor financial management.

Anonymous excerpts, translated where noted.

For

  • I agree with cancelling debt that realistically is never going to be paid back in our lifetime.
    RedditOriginal language: English
  • This is just economically practical because crippling debt prevents any growth and furthers dependency.
    RedditOriginal language: English

Against

  • Poor countries are plagued by corruption. If you just forgive the debt you are going to give a free pass for corruption.
    RedditOriginal language: English
  • Moral hazard is a very real problem here
    RedditOriginal language: English
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