The Mudcat Café TM
Thread #82056   Message #1504166
Posted By: Don(Wyziwyg)T
19-Jun-05 - 05:59 AM
Thread Name: BS: Enough of mouthpiece Geldolf
Subject: RE: BS: Enough of mouthpiece Geldolf
O.K. so we're all in agreement that the debt will never be paid.

Now, why not suspend the debt, with very stringent conditions, e.g. The governments concerned must accept financial oversight, through the UN, for a specified period, or until specified targets are met.

Failure to comply would mean reinstatement of the debt, whereas compliance would, when all targets were achieved, be followed by a total write off.

This would ensure that the savings would be used to better the lot of the people, and of course, the West would benefit from the removal of need for further financial aid.

How does that sound to you guys?

Don T.