Due to the earthquake disaster in Haiti, the IMF plans to cancel Haiti's debt. Please read full article here.
Thank you all for praying, and continue to pray for healing and restoration of all things good.
Blessings!
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2 comments:
Very interesting! My husband read 'The Shock Doctrine' last year. I need to show him the article you linked to and see what he thinks.
Jennie, the idea that you can borrow your way out of poverty is only a trap and snare for continued poverty. Remember the borrower is slave to the lender. Debt forgiveness is the only way to go for individuals or nations who are unable to repay their debts. That's the biblical way, which I espouse in my book!
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