The Human Cost of Africa's Odious Debt
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Uploaded by TheRealNews on Oct 24, 2011
Léonce Ndikumana and James K. Boyce: The cost of servicing external odious debt leads to tragic underspending on health care and education
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@911truthncDotOrg in their language maybe, racist fuck, if obama have to speak in spain or latin america do you hear him talking spanish? or chinese in china? no, well thats the difference this academic is speaking your language without translators, dumb ass
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Can these academics spell "eugenics"?
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Here's a radical idea. Maybe, just maybe, if we stopped pissing money away in Africa, Africans will start to care more about what their leaders do with money that is actually theirs in the first place. Just sayin...
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Elections are like lotteries in Africa, whoever is elected is bought by foreign interests and they hand over the economic future of their people. They're in a holding pattern till world powers need they resources.
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I hear that in most African countries corruption is considered inevitable and natural and government officials who don't accept bribes or put their friends at the trough are considered insane. With that mindset, it's a hopeless endeavor to try to lend a hand as far as financing economic development.
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@glennd7962
you don't understand. the west enslaved the country, and the governments are paid overseers. if someone who wants to break his people free comes into power, he will end up like Sankara and Lamumba.
nem700 4 months ago 7
To pay off their IMF loans many African countries designate more land for cash crops than food crops.
Outside investors don't want to invest in food crops because they can't make money from them. Cash crops such as chocolate and coffee are good investments for the those who can afford to eat elsewhere.
Damn the Bankers!!!
BoudiccaBlanc 4 months ago 2