# data[].attributes.body
We ask ourselves whether the debt is valid, when paying it seriously jeopardizes the survival of our peoples, when the population was not consulted before contracting the debt, and when it has not always been used for lawful purposes.

# data[].attributes.headline
Pope John Paul's Take on International Debt

# data[].attributes.subject
Pope John Paul's Take on International Debt

# data[].attributes.body
Pope John Paul II has identified the issue of international debt as a key priority for the church and an important element of our efforts to apply the tradition of jubilee to our day and time. The problem of the foreign debt is not only or even primarily economic; rather, it is a human problem for it leads to an ever-greater impoverishment and blocks the development and slows the advancement of those who are poorest.

# data[].attributes.body
At the end of every seven-year period you shall have a relaxation of debts, which shall be observed as follows. Every creditor shall relax his claim on what he has loaned his neighbor; he must not press his neighbor, his kinsman, because a relaxation in honor of the Lord has been proclaimed
- Deuteronomy 15

# data[].attributes.attachment_link.description
Provided to YouTube by Universal Music Group North America Ode to the International Debt · Sweet Honey In The Rock Live at Carnegie Hall ℗ 1988 Rounder Records. Manufactured and distributed by Concord Music Group, Inc. Released on: 1988-01-01 Auto-generated by YouTube.

# data[].attributes.attachment_link.title
Difference between National Debt and External Debt

# data[].attributes.attachment_link.description
National debt is the accumulated level of debt owed by the government of a country. External debt is debt owed by the government, businesses and people of a country to overseas lenders such as banks, the IMF, foreign companies and other creditors.

# data[].attributes.body
Relieving International would allow countries to spend more money on education, health care, welfare reform, and infrastructure, but are not allowed because of the external dept.

# data[].attributes.body
One relative measurement of foreign debt safety is that foreign exchange reserves should not be less than outstanding short-term foreign debts. Governments can lower their foreign debts by rescheduling their obligations or simply by paying them off. Foreign countries typically hold U.S. debt in the form of short- and long-term government-issued bonds.

# data[].attributes.body
Among the 10 countries, the U.S. ranks third in terms of debt as a percentage, behind Japan and Italy. One major outlier on the list is China, whose 2010 debt is estimated to be the world's second-largest, at roughly $5.7 trillion.

# data[].attributes.body
Foreign debt is an outstanding loan that one country owes to another country or institutions within that country. Foreign debt also includes due payments to international organizations such as the International Monetary Fund.