Wiping off third world debts.

Wiping off third world debts is not going to improve by one iota the life of the nation whose debt is being written off. It will only enrich and create new opportunities for corrupt politicians to fill their pockets. It will enrich a few at the expense of the donor country.

The writing off of a debt should be earned. One should give those countries needing and wanting debt write offs the opportunity to prove that the interest that they do not have to pay is put to good use first. Then an equivalent amount of bad debt could be written off.

Something that is given for free has no value attached to it.