However, one of the conditions of such debt cancellation needs to be mandatory restructuring of those countries' economies and fiscal systems. That, unfortunately, isn't likely to happen.
How 'bout if we cancel our tax "debt" to your stinking university, Sachs?
We spent billions of dollars on Africa and all we got was genocide. Giving money to an african country is like giving money to the UN 'oil for food' program. Increasing the amount of aid is not the problem. It's the corruption.