This article includes a small paragraph about facts from the early years of third world debt, facts about third world debt as a whole and how it causes countries to have under poor living conditions.
People should read this article if they want a quick overview of the facts about third world debt repayments third world countries have made and the overpriced interest rates they are expected to pay.
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Third world debt is an issue that is the cause of many deaths in today's world. The Australian government can help solve this issue by cancelling the interest owed to Australia by all third world countries. Did you know that third world countries spend $1.3 on debt repayment to every $1 they receives? This is preposterous. Third world countries are not even able to afford basic resources for…
7 million children die each year as a result of third world debt crisis. By cancelling the interest rates on the debt repayments, third world countries will have enough money to spend on basic resources for the people living within their country. As a result, many deaths of children in third world countries could be stopped. The Australian Prime Minister has the power to cancel the interest rates…
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