Country Quote by William J. Clinton
“Simply put, unsustainable debt is helping to keep too many poor countries and poor people in poverty.”
About This Quote
Source Speech: Economic Policy Address, 1998
Unsustainable debt traps poor nations, perpetuating poverty and limiting development.
In simple terms: Debt keeps poor countries poor.
Reduce debt to foster growth.
Themes
Mood
Type
When to use this quote
- government budgeting
- NGO work
- international aid
- microfinance
Key Concepts
Questions to Reflect On
- What alternatives to debt exist?
- How can debt be managed responsibly?
Debt relief may create dependency without structural reforms.