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dropoutdave

G7 Talks to Cancel 100% of 3rd World Debt

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I wonder why they don't just call it what it really is.....Welfare.

They want $50 billion per year for aid to poor African countries and then want it all forgiven every few years. Why not consider a plan to help poor African countries get off welfare by doing what the US did a few years ago..workfare. Maybe get Amway or Quixtar over there. :ph34r:

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I think aid is good when given to governments that are actually worth assisting. Africa has some good governments who are actually trying, and some who are not.

:)
Vinny the Anvil
Post Traumatic Didn't Make The Lakers Syndrome is REAL
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The sooner the better.



Why? So they can go into debt all over again and redistribute the money through the multitude of massively corrupt enterprises that exist in nearly every nook and cranny of those that receive the aid.

Hell no.

These countries aren't even paying the interest.
So I try and I scream and I beg and I sigh
Just to prove I'm alive, and it's alright
'Cause tonight there's a way I'll make light of my treacherous life
Make light!

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Why? So they can go into debt all over again and redistribute the money through the multitude of massively corrupt enterprises that exist in nearly every nook and cranny of those that receive the aid.



That's why they are talking about doing it on a case-by-case basis so corrupt governtments don't recieve this benefit.

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These countries aren't even paying the interest.


Because they can't! With the help of trade restrictions, the IMF, the WTO and the World Bank they are in an endless cycle of debt. Look into Free Trade.

So, with....

"Nearly 800 million people do not get enough food, and about 500 million people are chronically malnourished. More than a third of children are malnourished."

"1.2 billion people live without access to safe drinking water."

"852 million people across the world are hungry, up from 842 million a year ago."

"In the developing world, more than 1.2 billion people currently live below the international poverty line, earning less than $1 per day."

...and your answer is...fuck em all??

Well I sure am glad not everyone takes that stance.:|

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Gee... I wonder if the Govt. has considered educating it's citizens about birth control?

Naw.. that would deny them their natural freedoms granted by God and insured by the rest of the world.

Or maybe it's because the leaders of these countries derive so much personal income by demanding the world support their uneducated citizens? Ya think?

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Do you honestly think it's all that black and white?



So GM should write up a 30 page thesis explaining his entire set of ideas about third world debt forgiveness? God forbid he should just throw in one snippet of opinion and then take off like that. ;)


. . =(_8^(1)

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I never said anything about over population not being a big problem. The planet is over populated - fact, not disputing that but there are MANY factors that lead to poverty in the 3rd World.

Simply saying that these people need to be educated about birth control is easier said than done.
Over 2 million children die of diarrheal diseases every year due to the lack of access to clean drinking water, when you don't know when your next going to eat or drink someone coming upto you and saying "You should have used a condom" is not going to make a great deal of difference.

By cancelling debt to the countries that pass whatever criteria it is they are setting (I never said I supported giving debt relief to corrupt governments btw) they can then start putting more money into health care, education, clothing and housing the poor rather than the majority of the country's income going on trying make debt repayments which they will never be able to pay off.

The cycle needs to be broken otherwise there will never be a solution to the problem.

There is NOT ONE reason why there should be a single person going hungry on this planet.

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Simply saying that these people need to be educated about birth control is easier said than done.
Over 2 million children die of diarrheal diseases every year due to the lack of access to clean drinking water, when you don't know when your next going to eat or drink someone coming upto you and saying "You should have used a condom" is not going to make a great deal of difference.



Overpopulation leads to the problem. More people means more waste

More people means more effort and expense to help.

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The cycle needs to be broken otherwise there will never be a solution to the problem.



The cycle also needs to be broken by them. Stop popping out kids that you can't afford to support.

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There is NOT ONE reason why there should be a single person going hungry on this planet.



Sure there are.

#1. Being so lazy and not being willing to get off your ass and WORK. Thats a damn good reason.
"No free man shall ever be debarred the use of arms." -- Thomas Jefferson, Thomas Jefferson Papers, 334

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I never said anything about over population not being a big problem. The planet is over populated - fact, not disputing that but there are MANY factors that lead to poverty in the 3rd World.



Then name one that isn't related to overpopulation.


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Simply saying that these people need to be educated about birth control is easier said than done.

Over 2 million children die of diarrheal diseases every year due to the lack of access to clean drinking water, when you don't know when your next going to eat or drink someone coming upto you and saying "You should have used a condom" is not going to make a great deal of difference.



By cancelling debt to the countries that pass whatever criteria it is they are setting (I never said I supported giving debt relief to corrupt governments btw) they can then start putting more money into health care, education, clothing and housing the poor rather than the majority of the country's income going on trying make debt repayments which they will never be able to pay off.

The cycle needs to be broken otherwise there will never be a solution to the problem.



When will the Governments in these countries start to actually DO something to break this cycle of poverty? All I have ever heard all my life is about people starving in countries in Africa. And all my life I've heard about how money is going to help. But it never seems to be enough. Why? How much money will it take to end world poverty?

The answer is that there will always be poverty as long as people continue to produce children they can't afford to raise properly. There will always be a shortage of drinking water as long as there are too many people drinking it.


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There is NOT ONE reason why there should be a single person going hungry on this planet.



Correct. But there always will be until people start to either take responsibility for themselves and control their sexual drives or use birth control. Breaking the cycle of poverty and ignorance begins with the individual and continiously brow-beating the rest of the world to forgive debt time and time again only furthers that cycle. Forgiving debt is not the solution.

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Overpopulation leads to the problem. More people means more waste

More people means more effort and expense to help.



Valid point.

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The cycle also needs to be broken by them. Stop popping out kids that you can't afford to support.



Maybe they would if they were given the chance to be educated etc.

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Sure there are.

#1. Being so lazy and not being willing to get off your ass and WORK. Thats a damn good reason.



Good point! Didn't think of it that way. ;) Should have been there is no reason for people who aren't given the chance to gop hungry, or something like that.

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Then name one that isn't related to overpopulation.



Try looking up Free Trade and the financial situations that the WTO, IMF and World Bank force them into.

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When will the Governments in these countries start to actually DO something to break this cycle of poverty?



When they are given the chance perhaps?

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All I have ever heard all my life is about people starving in countries in Africa. And all my life I've heard about how money is going to help. But it never seems to be enough. Why? How much money will it take to end world poverty?



It will take a hell of alot more money thats's a fact. The money sent there does help but aslong as these countires are paying more in debt repayments than they are on heath care, feeding and clothing the poor. What alot these countries need is a helping hand to get on their feet.

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Forgiving debt is not the solution.



Unless we do then I doubt they will EVER get themselves out of poverty. Is cancelling 3rd World going to affect you directly? If it's going to save lives then it's worth it, I for one cannot put a price on these people's lives.


Christ, the compassion in this thread is overwhelming, really touching. [:/]

Maybe i'm wrong, maybe it is all their fault and it's upto them to get of their own mess. My bad. :|

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Then name one that isn't related to overpopulation.



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Try looking up Free Trade and the financial

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situations that the WTO, IMF and World Bank force them into.



That's a very weak argument. Why would the World Bank force a country to accept loans when they know they are just going to default?


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When will the Governments in these countries start to actually DO something to break this cycle of poverty?



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When they are given the chance perhaps?



You gotta be kidding me. That's the same argument thats been made for a very long time. The truth is that even though hundreds of billions of dollars have been spent on poverty worldwide for as long as I can remember, there's more poverty in the world today than ever before.


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All I have ever heard all my life is about people starving in countries in Africa. And all my life I've heard about how money is going to help. But it never seems to be enough. Why? How much money will it take to end world poverty?



It will take a hell of alot more money thats's a fact.
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The money sent there does help but aslong as these countires are paying more in debt repayments than they are on heath care, feeding and clothing the poor. What alot these countries need is a helping hand to get on their feet.



You say that as if these countries have never been given aid. What you fail to understand is that debts to these same countries have been forgiven before and it did no good because it was just a handout, not a hand up. Do you think if I gave a street person in the US $100,000, that most would take it and decide to use it for college tuition and make financial decisions which would lead towards a better life? How about $1,000,000. Think they would be broke in 5 years?

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Forgiving debt is not the solution.



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Unless we do then I doubt they will EVER get themselves out of poverty.



We have and they didn't.

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Is cancelling 3rd World going to affect you directly? If it's going to save lives then it's worth it, I for one cannot put a price on these people's lives.



Just curious where you think the money lent to these countries comes from?



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Christ, the compassion in this thread is overwhelming, really touching. [:/]



Nobody wants to see anyone suffer, least myself. But you can't save anybody nor solve any problem by simply throwing money at it. This was proven in the US when Clinton was forced to reform welfare. We were told it was cruel and degrading to require someone to actually work to earn money. Guess what, we have fewer poor people because the expectation and promise of a free ride through life is no longer as easy as it used to be.


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Maybe i'm wrong, maybe it is all their fault and it's upto them to get of their own mess. My bad. :|



It's up to the leaders of these countries to put forward a plan to use the money to improve the lives of their citizens before they should get another dime IMO. That's real compassion.

Teach a man to fish..etc.

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I do see some of your points and maybe i'm being a little too optimistic but these are possibly the biggest steps towards stopping world poverty. I maybe giving the G7 more credited than they deserve but it is still early days and the plans are not yet drawn up on how it will be tackled, the meetings so far have been to see which of the G7-8 are up for it.
Depending on the way it goes as far as the plans they draw up to get these countries back on their feet, if they were ever on them, then that'll be the time to start saying 'this will work' 'that will never work' etc. But, until then, this is great news for world poverty.

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That's a very weak argument. Why would the World Bank force a country to accept loans when they know they are just going to default?



One word, Bank, banks are in it to make money. ;)
The countries the World Bank looks out for are the ones with the most money. Check Argentina for a case study.


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You gotta be kidding me. That's the same argument thats been made for a very long time. The truth is that even though hundreds of billions of dollars have been spent on poverty worldwide for as long as I can remember, there's more poverty in the world today than ever before.



Perhaps I didn't make myself clear, long day, I too don't think the solution is to throw more and more money at them and trust their governments to manage it, that wont work for sure. That's why I mentioned above that it's important to wait and hear what plans and conditions they come up with, the criteria which the countries have to meet to recieve the aid and what plans of action G7 will come up with in terms of ensuring the money is spent in the best manner.

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You say that as if these countries have never been given aid. What you fail to understand is that debts to these same countries have been forgiven before and it did no good because it was just a handout, not a hand up.



I do realise that completetly, but this situation has never happened before, again I got a bit ahead of myself earlier as we don't know how all this will pan out yet.

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It's up to the leaders of these countries to put forward a plan to use the money to improve the lives of their citizens before they should get another dime IMO. That's real compassion.

Teach a man to fish..etc.



Completely agree, that is what they are in talks about at the moment. But I feel that you saying earlier that cancelling the debt is not the way to do it is not to be ruled out completely, if like you said, they put forward a plan to use the money, then these countries need the debt cancelling anyway so they can get back on their feet, otherwise we will have to keep pumping more and more money in until they do because it is going to take a long time before these countries can start to build a decent economy.

Who knows, one day they might be able to pay it back, maybe i'm just a dreamer. ;)

Still, either way, these talks have the potential to do great things if done right. Exciting times from my point of view.

(Just realised when I wrote that, again we are trusting the politicians to do the right thing, took the wind out my sails that did, hehe)

Edited for grammar etc.

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(Just realised when I wrote that, again we are trusting the politicians to do the right thing, took the wind out my sails that did, hehe)

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That is the single most important factor. Corrupt politicians. Nepotism. Croniesm. Fatcats looking out for themselves, their starving countrymen be damned.

The King of Swaziland is about to take his 13th bride. He has more palaces than the entire British royal family. He has just bought one of the most expensive cars in the world while almost a quarter of his people rely on food-aid to survive. Read more about Swaziland here and more on Africa in general here.

Some excerpts from the above links:

Most African nations suffer from military dictatorships, corruption, civil unrest and war....

The article neglects the role of failed development policies by multilateral institutions and claims that "Africans are poor because their leaders keep them that way."

This Financial Times article comments on corrupt joint ventures between oil multinationals and the authoritarian Equatorial Guinean government. The majority of the population lives in deep poverty, even though the country ranks sixth in the world in income per person.

In previous elections, he (Mugabe) has withheld food, to create popular desperation, then "bought" political support by exchanging provisions for votes.




Unless the debt-relief is closely linked to some checks and balances, it will be to no avail and it will only serve to make the fatcats fatter.




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...and your answer is...fuck em all??



No. But my answer does not include throwing more money at the situation. The money, and assets are already there. There needs to be a serious effort to change the "minds" of those in control to unplug the cluster-f*ck they've created in their own back yard.

Forgiving the debt, and opening the doors for more financial aid is a recipe of zero results (look at what's been done so far, nada). Money will not solve this problem.
So I try and I scream and I beg and I sigh
Just to prove I'm alive, and it's alright
'Cause tonight there's a way I'll make light of my treacherous life
Make light!

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REAL free trade would do wonders to reduce poverty in the world. They could leverage their lower cost of living into cheap imports into the industrial world, and begin to build up wealth that way. It would simply allow them to follow the same industrial progression the US went through. Industry will lead to markets and wealth, trade unions will form and expand that wealth to the workers, and everyone will be better off in the long run. Short term it will hurt many people, but it seems to be the only sustainable solution short of ever-lasting welfare.
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So what is your answer then?



Use overt and covert tactics, political, economic and unconventional to remove the elements that are siphoning the money/aid before it reaches the population that need it or enterprises that need it.

Additionally, stop sending money, period. Instead begin sending expertise/know-how to educate and consult in the areas that need development (charge for time as necessary, no free rides) -- "teach a man to fish" etc.

For us to do this serves several advantages, not to mention that it could be used as an alternative economic engine to compete against China and Europe (EU). Potentially very benficial to the USA and the western hemisphere.
So I try and I scream and I beg and I sigh
Just to prove I'm alive, and it's alright
'Cause tonight there's a way I'll make light of my treacherous life
Make light!

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Sure there are.

#1. Being so lazy and not being willing to get off your ass and WORK. Thats a damn good reason.



Yeah I can agree with that.
'Hey, you there. Yeah you in Darfur, I'm talking to you ya lazy fucker. Ever think about getting a damn job instead of lazing around in a cushy refugee camp? Nah didn't think so. Same goes for you twats in Banda Aceh as well.'

Come on Ron, the world these people live in is not the same world that we live in. Its not even close.
When you can't eat you can't work, when you can't drink you can't work. When western countries tell your landowners how to 'improve' food production by using chemicals and machinery and only 5% of their current workforce, well you get my drift.
Do you want to have an ideagasm?

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