Important Take on International Finance

Bono, of the musical group U2, favors international debt forgiveness, which means he wants anyone who’s loaned money to a third world country to allow the loan recipients to not repay the money because that will let the corrupt little cesspools to grow into, well, corrupt little cesspools that can borrow money easier.

Meanwhile, on the U2 single “Vertigo”, Bono pays homage to and demonstrates his deep understanding of international finance by saying, “One, two, three, fourteen,” in Spanish.

It must just be harder to perform calculations and enumerations in other languages.

Hey, I know it’s a cheap shot, but I cannot afford an expensive one.

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