Reply to "Ebay gets ethical!"

gardengnomeMember

I am as cynical as the next man (presumably your good self) when it comes to motives and methods of charities, but it seems the performers are donating their services unpaid.

If the debts are written off I don't think it'll be because the hard-headed money-men feel "forced" to do so.

I don't pretend to understand global economics but it seems many of these poor countries spend a vast amount of money "servicing" their debt, in other words paying the interest, not in repaying the principle. Sounds like the hold the credit companies have over so many of us.

Provided the money so released actually gets to where it's needed I don't see any problem. The only worry is that it'll be sucked off by corrupt governments to buy weapons and feather their own nests.

GG

6/16/053:49 AM

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