Restored debts between citizens of the country and also between countries would be beneficial to the less fortunate and the third world country. In the aspect of the citizens, the less fortunate would appreciate that all of their debts are cleared, but the creditors would be frustrated. This would also close the gap between the two social classes. In the aspect of clearing the country’s debts with other countries, the global economy would be affected. The restoration of debts would weaken the country’s economy and more debt might incur. Not only would there be a debt on the third country, the creditor would also experience its effects. This would even affect the economy of other countries that is associated with the country in debt and in
Restored debts between citizens of the country and also between countries would be beneficial to the less fortunate and the third world country. In the aspect of the citizens, the less fortunate would appreciate that all of their debts are cleared, but the creditors would be frustrated. This would also close the gap between the two social classes. In the aspect of clearing the country’s debts with other countries, the global economy would be affected. The restoration of debts would weaken the country’s economy and more debt might incur. Not only would there be a debt on the third country, the creditor would also experience its effects. This would even affect the economy of other countries that is associated with the country in debt and in