Thursday, March 05, 2009

And so the Grass Gets Trampled. Again.

From today's Guardian

The credit crunch is hitting the income of the world's poorest people the most and will make the UN's Millennium Development Goals more difficult to achieve than ever, according to research released today. The Global Monitoring Report from Unesco estimates the 390 million poorest Africans will see their income drop by around 20% - far more than in the developed world.

There is an old African saying that I have heard - "when elephants fight, it's the grass that gets trampled". The wealthy nations caused this economic collapse, but the poor, who had least to do with creating the boom or its subsequent bust, suffer the worst.

History repeats itself.
Has to.
No-one listens
I have said more on this elsewhere, and for now no more needs to be said.

No comments:


Probably one of the most unprecedented things about COVID-19 has been the unprecedented use of the word unprecedented in the wall-to-wa...