Usury


 

Interest and Third World Debt problems
One child dies every 22 seconds because of Third World Debt. Each one of the poorest countries cannot pay the interest on its debt which in most cases is greater than the total worth of its economy.

"Relieved of their annual debt repayments, the severely indebted countries could use the funds for investments that in Africa alone would save the lives of about 21 million children by the year 2000 and provide 90 million girls and women with access to basic education"

UNDP Human Development Report 1997, page 93