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Cancelling the debt for some of Africa's poorest countries would do wonders (Uganda for instance would really benefit from it since they're extremely serious about fixing their economy and are doing a lot of good things), but others like Zimbabwe it would only allow a corrupt regime to remain in power and although it might help the people there in the short term it would only be a band-aid solution and they would borrow and be in the same mess again very quickly.

Wow talk about a long sentence, but I'm too tired to fix it tonight ;)