Cause of third world debt partly result
Of the hard unjust transfer of
The debts brunt of the colonizing states
At a very high interest rates
Also incurred as the rich countries
Loaned the dictators or corrupt leaders
To suit and support their interests
They are paying for their own oppression
The poor suffer while the rich get richer
In some cases they have borrowed money
To pursue conflicts or arms deals
And need to increase illegal drug trade
Or to milk the earth’s resources for the cash
Cut back on social health or employment
Environment and education
No less devastating than
A war