There are big corporations in the world, whose names we are all familiar with. These have very intimate ties with the Financial Institutions that govern world economy. Now these people sitting behind computers in the World Bank devalue the currency of the so called "Third World", making the resources and the labour cheap in those countries. Hence the people of those poor countries are reduced to slave wages, working for manufacturing units of Big brands. A suitcase filled with Indonesian rupiah will not even buy us a coffee in manhattan.
Next time you wear your Prada bag or your Ralph Lauren shoes, know that some slave has made it in an impoverished country. And next time you get impressed by the skyline and the metal roads of the so called "first world", know that some under developed country has been robbed of its resources by the devaluing of its currency, whose deficit is usually paid by the poor masses.
So in an age of mass information, ignorance is nothing but a choice. Before you open your mouth to say "Oh the government is so corrupt in India, or the roads are so dirty in Pakistan or the people have such poor hygiene in Indonesia, know that every effect has a cause, and these countries are in this apathetic state not because an Indian/Pakistani farmer is lazy or an Indonesian works man is dumb, but heavy loans are thrust upon them, of which the interest is to be paid by the sweat and blood of the poor masses. When the value of their currency is devalued, the loan that would take 10 years to be paid of will now take 50 years. Not only that, to ensure that a constant supply of World Bank Loans is on the wheel, the most corrupt and dictatorial regimes are installed in these countries. Oh yes! Presidents are not elected. No no! Presidents are selected. Do you think the Arab world elected the Dictators they have on top of them. No! They rose to power on the throne made by money coming from one direction. And those dictators who don't comply with the Corporatocracy are mowed down like an unwanted weed.
So before you look down upon your own roots in India or Pakistan or the Arab World or the South Asian countries or the African Continent or South America, know that God made us all rich, but we have been looted profusely since the advent of the Modern Western Civilisation.
hahaha..You sure dont know a thing about World Economy and how it works, do you?
ReplyDeleteWhat about the Breton woods Accord? Petrodollar? The recent fall in the value of the Rupee? Im sure you will blame on the "stupid" socialist policies..hahaha..Do yourself a favour and educate yourself on the Debt based Economy that came into existance in 1940