Dambisa Moyo (author of Dead Aid) proposes an economical recovery plan, opposite of Barack Obama. She suggests less dependence; and freer goals to build Society to prosperity... Wake-up America!
Moyo outlines the price of Africa's dependence:
"Fueling corruption as the economic impact of large amounts of money go into small countries creating large bureaucracies, and dependency, also things such as what is called Dutch disease causing a strengthening of domestic currencies, which kills off the export sector in these poor countries; perhaps the most problematic is that it disenfranchises Africans therefore they are not able to hold their governments accountable"(…)
ABOUT DAMBRISA MOYO: Chemistry degree from Lusaka, Zambia, MBA in finance from Washington DC, masters from Harvard, PhD in economics from Oxford; consultant at the World Bank, then as head of economic research and strategy for sub-Saharan Africa at Goldman Sachs) and author of Dead Aid is interviewed by SKY News...
More from Dambisa Moyo, in Video interview with SKY News:
Barbay in (France) posted by D. Worth (Travel posts to follow.)
Steve Forbes speaks of Dambisa Moyo (author of Dead Aid)
"The wisdom contained here-if absorbed by African and global policymakers-will turn this chronically-depressed continent into an inspiring miracle of dazzling economic growth."
Dr. "H" reveals that every decade or so in the U.S, misguided dependence-seeking politicians always seem to surface; only to be quickly beat-down again...
I believe that Nations with freer goals, hold more promise toward a better society. Just as no Government can adequately substitute for the Independence of its people... This is known the world over... And I am saddened to hear that many are attacked and dealt with in a negative way (with the help of a "Gov. paid media") for simply speaking about the ill effects of today's governmental development of dependence...
As Obama administration sets historic records on trillion dollar spending:
South Carolina Governor, Mark Sanford, warns:
"U.S. faces Zimbabwe-style economic collapse if it keeps "spending"More about the financial trauma of Africa:
"What you're doing is buying into the notion that if we just print some more money that we don't have and send it to different states, we'll create jobs," he said. "If that's the case, why isn't Zimbabwe a rich place?" read.
Zimbabwe has been in the throes of an economic meltdown ever since the southern African nation embarked on a chaotic land reform program. Its official inflation rate topped 11 million percent in 2008, with its treasury printing banknotes in the trillion-dollar range to keep up with the plummeting value of its currency." read.
Americans must get off of this path to nowhere... Read.