the way to a debt free nation

hey

there is a way by which countries all over the world can reduce the burden of debt on them

the way is simple

suppose usa wants to get a loan say from india - then us govt is in debt to the people who lend them

so usa could say i will take the loan from india and then i will waive off  indias debt to usa and so on

so one countries debt is replaced by the debt or trade of another country

this could go on until the real debt is left

private individuals and companies could be given a tax or trade incentive and waiver of taxes and so on

edit

companies could also be given tax concessions for individuals who work in them and so on

think about it
it makes sense

bye
arun balaji
formerly
@runb@laj!