Should Africa Repay its 'Odious' Debts?

Boyce and Ndikumana, authors of 'Africa's Odious Debts', argue that under international law, debts incurred by dictators should not be enforceable

Category:

News & Politics

Tags:

• Africa
• PERI
• Debts
• Africa's Odious debts
• Boyce
• Ndikumana

[Neurolanis]

Gaddafi was trying to establish an African central bank to free it from the IMF and to create a United States of Africa. He funded much of these projects with his own money, just as he gave his people free education, free medical and free housing! We may never know how this might have worked out now that the West has killed him. Greed prevails.

[elbowbiter1]

All debt at this scale is horse shit. All fiat debt based currencies are horseshit.

[NAGANEGUS]

We should pay the debt; until we got pay from the bombing of Ivory Coast, the genocide of Black Libyan & the genocide of the Congo, which the Western has killed over 6 millions Black African.

[sheepblitzer]

i can see why usury (charging interest) was outlawed for many centuries. people considered it a sin!

[JvillnEnt]

@SuperiorApostate AMEN brotha

[GalenAus]

@Neurolanis [citation needed]

[SuperiorApostate]

They know that they are giving money to corrupt African officials who steal them away immediately after they get them and that poor African people will have to pay it back and yet they still loan that money to them. I say Africa owes nothing to no one. it's been exploited by the west enough.

[lordblazer]

@Repremender

he was going to circumvent the western central banker's influence in a major region of the world. Yea, he dies for that. This is the case for most world leaders that threaten this status quo. BTW you chose to attack him at healthcare, but that wasn't the meat of what he said.

[TheRedCapitalist]

@PeterTattersall46

Which politician is a saint? Having said that, under Gaddafi's rule, Libya was the richest country on the continent, with the best infrastructure, education, sanitation, public facilities and legal system. The majority of the people in Tripoli supported him. Now let's see how the Libyans fare under this radical regime controlled by the Western Credit Cartel. I will watch their suffering with glee.

[TheRedCapitalist]

Pay up or you will end up like Gaddafi. You thought he was a dictator? He was Mother Teresa compared to the Credit Cabal operated by the US, UK, France & Germany.

[Erik20091113]

> debts incurred by dictators should not be enforceable

They should be, both against the dictator and against the bankster. The country didn't get the money.

[momozay243]

I wish people would stop saying that Africa is corrupt, it was corrupted by corrupters (USA' CIA EUROPE plain and simple)