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Submitted by Brent on
The debt incurred by dictators, and dubious capitalist development loans is the problem. We must have the World Bank, and IMF give significant debt relief for at least the worst loans given since 1973. The debt payments are demanded first by the WB and IMF from the owing country, before domestic Education and Health care, welfare. If these massive payments are removed, the poor can develop control over their own affairs. Capital flows must be controlled by countries, and free trade must mean free of monopolies, instead of tarriffs.

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