The problem that you are talking about isn't really of debt on poor countries but basic mismanagement of those countries by the politicians while the citizens allow that by being either blind and naive or simply complicit, in the corruption and exploitation of their own countries. The more i see the world, the more i feel that drawing these conclusions about "rich exploiting the poor" are becoming an excuse for people in poorer countries to not actually do anything.

In today's globalized world, youth from every part of the world have access to the images of opulence and prosperity streaming from the first world. As a result, the only aspiration that they have is to somehow copy them and fake a similarity with these social media idols. This is what results in those abysmal Tiktok trends where poor young adults from third world countries copy first-world influencers, rather than spending their time in building themselves or thinking about their society and politics.

You will see this pattern repeated in country after country. Nigeria, India, Pakistan, Bangladesh; almost every bit of these poor countries with a huge population have their youth hooked to such idiotic trends. All they care about is the next trend or somehow getting to these richer countries. So really, the "rich" countries aren't to be blamed here. The old excuses of colonization and imperialism are becoming old. America or England or Japan or even the Asian Tigers didn't get to this place by making excuses about "rich" countries exploiting them. They did it through generations of reforms and hard work.