Commentary: Help Haiti Eliminate Its Debt

The sign reads in French: "No to Outside Debt" The rally cry to help Haiti after the devastating earthquake that rocked its people is a hopeful start to years, even decades, of relief and rebuilding. It's been estimated that it will take about ten years to rebuild Haiti. But Haiti has been drowning in a tsunami of debt for decades, starting back in 1804 when it proclaimed its independence from the French. In 1825 the Haitian people were forced to pay reparations to the French slave owners to secure the freedom they fought and lost their lives for. The only way a newly freed Black Republic could ever pay any of this money back was by borrowing millions from other countries. How can Haiti invest in its people when it is bound by decades of debt?


The sign reads in French: "No to Outside Debt"

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