That the colonised world whose wealth has been plundered for 500 years should be deemed to owe the rich world so much money that every year $382 billion 

(which might have been used to 

feed the hungry, 

house the poor,

 provide health care, 

education, 

clean water, 

transport and 

pensions for people who have none of these amenities) 

is transferred from the poor world to the banks and financial institutions of the rich world in the form of debt repayments

is an obscenity which degrades all those of us who benefit from it.

Monbiot  p158