Reply #3: So Let's Now Bailout Corrupt Dictators... [View All]

[KharmaTrain]

To paraphrase the old Jesee Jacksonism..."when the US sneezes, the third world gets a cold". Right now the US is suffering from pneumonia...just imagine how this is rippling down.

Sadly many African nations haven't built infrastructures that are self sufficient thus when the western economies slow down, they feel it first and worst. Prices of their precious materials and cheap labor fall as demand drops and with less money coming in, their debts rise and people go hungry. The only real infrastructure is when the UN or an outside force comes in and then it's only temporal.

Africa has come a long way in the past 20 years...there are some promises for the future, but years of warfare, internal strife, corrupt rulers and repressive World Bank policies will make them extremely vulnerable is this economic mess keeps going.