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Third World Debt Relief

fluff

Monkey Turbo
Sep 8, 2001
5,673
2
Feeling the lag
enkidu said:
Well, would it help if the loaded banker "adopts" your whole family personally and starts looking after the needs of your family as a part of his own household, pouring over all of his cunning financial wizardry?
Your sub-analogy has lost me...
 

$tinkle

Expert on blowing
Feb 12, 2003
14,591
6
ok, been lurking long enough, and it looks like there's a need to restore this thread proper:
Debt relief is not enough

this site has *** way *** too much for me to take in for a week, but i'm going to try my level best.
 

Changleen

Paranoid Member
Jan 9, 2004
14,908
2,876
Pōneke
Changleen said:
All this aside, even complete debt relief for these countries won't mean much until they are able to trade on equal terms with the west, which means the scrapping of EU and US agriculture subsidies. The EU has made steps towards this in terms of reducing subsidies on certain bulk crops, but the US has made no such moves and doesn't seem likely to ever do so under a republican government.
Edit: George Bush's new budget now has provisions for lowering farm subsidies, So good - a step in the right direction.
 

fluff

Monkey Turbo
Sep 8, 2001
5,673
2
Feeling the lag
Fighting Corruption
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But he emphasises that it is not just African countries themselves who are responsible for corruption.

"When one focuses on corruption in Africa, the tendency is to think only in terms of Africa. But the international banks, the Western businessmen who bribe to get the contract, who are in cahoots with all the millionaires are all up to their eyeballs in what's taking place.

"So when it comes to moral standing everybody belongs in the gutter together."

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