Developing world to suffer most from economic crisis - 09 Ma

A new report from the World Bank predicts a bleak future for the global economy.

It says trade will hit a record low ... and the economy will shrink for the first time in over 60 years.

As rich countries try and pump billions of dollars to kickstart their economies, it's the developing world, which will bear the brunt of the crisis.

Hashem Ahelbarra reports.

Category:

News & Politics

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• developing
• world
• countries
• aljazeera
• hashem
• ahelbarra
• economic
• crisis

[BRIANTOWN33]

the "over consumption" argument is moot. the largest consumers are also the largest producers of food and energy.

[bjarnson]

The world is facing huge economic problems. A great new book for consumers to help with the economy is called "Money 911: Tested Strategies to Survive Your Financial Emergency by Reed and Lorena Markham. This book will save you thousands of dollars.

[wideawake123]

I beg your pardon, I thought you would understand that I meant "Logically Fallacious" as in logical fallacy.

For your comparison upon what do you base these numbers. I don't see you citing a source, nor do I agree. BTW, Here's a good one for you. OBL's dad had 56 kids, OBL's got 30 something. Between father and son, that over 80 children. Google it. My theory as I said is much closer to reality than yours. I assure you, there are men in this world with more than 40 children.

[mixmatosis]

I've come to the conclusion that you do not actually understand the concept of fallacious statements. Your notion that the "The 3rd world is threatening to swallow the entire world" lives only in the world of fiction. The average north american consumes 40 times as much resources than that of an average person from Africa. To support your strange theory, an African family would have to have more than 40 children to "swallow the entire world".

[wideawake123]

Fallacious argument "mix". Your example of "disproportionate usage" fails to account for the fact that the average 3rd worlders don't have cars, heat houses, etc.. If they did, then we Would need 8 worlds. Conversely, if the birthrate in the 3rd world matched that of "white europeans" their would be much less of a drain on resources. The population on the planet is outstripping the resources. The 3rd world is threatening to swallow the entire world. There are now too many people...Everywhere.

[mixmatosis]

"I can more easily make my correlations than you could yours", that's another interesting insinuation as it is you trying to compare a geographical populace "endo-europeans" with a religion "Muslims". Nor have "blamed the British consumer", I was just giving and example of the disproportionate usage of resources of an average UK citizen in comparison to peoples of a developing country.

PS: Immigrants pay more in taxes in the UK than they take away in benefits, thus producing a net benefit.

[wideawake123]

"The developing world suffers the most because the the whole purpose of the IMF and the World Bank is to keep them poor and destitute."- You

As I said I can more easily make my correlations than you could yours. You called mine assertions "ridiculous and absurd"... what does that say for your's? I even gave a few examples to illustrate my point, yet you call me "absurd" which is laughable coming from someone who just blamed the British consumer. See Below for further examples.

[mixmatosis]

I would just like to reiterate that I did not blame the economic crisis on the IMF/WB, I was making the point that IMF and the WB are institutions set up by the West to serve Western interests. Your hypothetical correlations of this recession and Islam are ridiculous and absurd. In that mindset you could argue that this 'war on terror' has in fact helped the global economy by propping up our respective military industrial complexes, much like WW2 helped the US economy after the Great Depression.

[wideawake123]

You talk about how the Brits "consume", but it's not the endo-europeans having an average of 6 children per couple. While many Muslims like to brag about how "Islam is the fastest growing religion" they forget to mention that it's cause is birthrate and the living standards in every Islamic country in the world falls in the lower 1/2 of the world average. Add to that a birthrate that dwarfs all but the Chinese and their traditionally low literacy rates and you have a recipe for global collapse.

[wideawake123]

Nor do I. But to blame the IMF/Worldbank and consumerism in the UK for it makes less sense than blaming Islamism for it. I could more easily correlate the decline of the global economy with the recent resurgence of Islamism post Iranian revolution, than you could to British consumerism. Right now, Muslim immigrants constitute the greatest drain on European social programs of any minority. Right now corolating 3rd world population explosions w/crisis makes more sense than British consumerism.