Many folks understand how loans work.
They receive some cash or value in
exchange for a promise to repay
compound interest as well as
the principle of their loan
on top of signing what
ever life they have
left away on a shitload of fine printed documents.
Thank you, friend.
The world stole 100 billion dollars from previously debt-free Libya and now the IMF is going to lend it back to help rebuild their destroyed house. How neighborly of them!
Destroying a Country’s Standard of Living: What Libya Had Achieved, What has been Destroyed