Submitted by Wagamaga t3_123jqet in technology
EvergreenEnfields t1_jdyifu0 wrote
Reply to comment by nobody_smith723 in China Energy proposes $1bn floating solar farm In Zimbabwe by Wagamaga
Zimbabwe went from the breadbasket of Africa to a failed state under local rule within a few years, because they threw the baby out with the bathwater.
nobody_smith723 t1_jdyqa7w wrote
not really sure what you're trying to say. almost as if being at the mercy of brutal imperialism from the west has left many african nations ripe for corruption of western propped up institutions and predatory monetary policy.
...like. zimbabwe's total national debt is 10 billion dollars. which denies them access to investment incentives at favorable rates. Do you know how laughably tiny 10 billion dollars is next to the wealth raped from that country by western nations. but... because they were subject to routine oppressive rule. they're maid to toil and figure their way forward underneath shitty western monetary policy.
where as... china doesn't give a shit about idiotic western policy and is happy to enter partnership with them ...mainly to secure mineral/energy resources
EvergreenEnfields t1_jdyy0sf wrote
It's almost like running the only people who knew how to farm out of the country immediately was a bad choice, instead of forcing them to teach others. Zimbabwe had no need to go into billions of dollars of debt. It happened because they allowed a purely self interested dictator to take the reigns.
Viewing a single comment thread. View all comments