The Mudcat Café TM
Thread #126642 Message #2815287
Posted By: artbrooks
18-Jan-10 - 05:28 PM
Thread Name: BS: Petition to end Haiti $890 million debt
Subject: RE: BS: Petition to end Haiti $890 million debt
A debt is a debt. Nobody twisted anyone's arms when Haiti borrowed money for infrastructure and development (although I agree that a lot of it probably ended up in local politicians' bank accounts). IMHO, the theory that you pay what you owe, and if you don't want to be in debt don't borrow, applies equally to countries as to individuals.
Deferring repayment until the current crisis is over is another issue entirely.