Saturday, October 18, 2008

From The Economist - The 'Not-So-Hopeless Continent'

Netters: you might still remember an infamous cover of The Economist Magazine about 7 or 8 years ago, with the title, "The Hopeless Continent". This was during Liberia's civil war, and the cover featured a child soldier holding a bazooka. Now The Economist is at it again; the same people who constantly lambast Africa are now singing its praises, "There Is Hope In Africa", blah, blah, blah! Of course, reading between the lines, you will know that the industrialised world is now entering into an economic depression.

They will use Africa - once again - for its cheap resources, cheap labour, and open markets, to REGENERATE THEIR OWN ECONOMIES. Africa - once again - WILL NOT BENEFIT FROM THIS ECONOMIC REGENERATION. Once the Western World kick-starts its own economies in, say, 3 or 4 years, it will then revert to lambasting Africa at every opportunity, and completely ignore Africa. This has been done time-and-time again. Read you history.

The African leadership - as usual - have no idea what's going on; nor are they aware of the vicious designs that others have on their countries' resources. Do King Mswati (of Swaziland) and Obiang Nguema (of Equatorial Guinea) know what a "credit crunch" is? I doubt it.

Let's brace ourselves for even more plunder.
James Chikonamombe

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