I seriously doubt that he will remain true to this policy if he gets elected president. But I very much agree with it.
The only country at the G8 Summit which was opposed to wiping African debt was America. America plunders most of its goods from Africa and the developing world, so at the very least we could wipe some of the debt they "owe".
But what these countries consider as a big debt, is far surpassed by the US deficit which is at its all time high. It's not about how much you owe, it's about when and how and if you must pay it back. Developing countries, through policies of the IMF and World Bank, don't have the same loan possibilities; wholly because the biggest shareholder in the IMF and World Bank is the US (and the Constitution of those two institutions runs in a way condusive to the main shareholder). If it wasn't for the West's actions, the developing countries would be developed. They were plundered by the West. Colonized then released into poverty.
One of the first pro-Black moves I've seen on Obama's part. I'm surprised.
Oh wait...
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While Obama himself did not reveal that plan for the region
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No wonder. If he announced this himself, it would undermine his current objective which is to prove to white people that he does not give a damn about Black people. What a shame.