I was reading through one of Mid's new threads here WTO chief sees no positive signs for world trade and Mr. Pascol Lamy casting further gloom and doom and with regard to the global economy.
Whilst voicing his very negative comments he finished his quote with the warning that more aid will need to be provided too our poor third world global neighbours > The World Bank said Thursday the global economy was set to contract some 3.0 percent this year, sharper than previously estimated, urging more aid for developing countries.
Now whilst I fully support the funding that has helped these poverty stricken nations (which amounts to many billions of dollars annually) I have no idea where these first world governments are going to find these funds and if we can believe what the newspapers are reporting.
How can a government announce a further 300 million going to Sudan or 500 million going to another country when their own citizens are on the breadline and as a result of this global recession. How can they convince tax payer's who have just lost their family home to accept that they are going to fork over millions to some nation in Africa?
Personally I feel it is going to end up "Every man for themselves" and within the coming 50 years!
What are your thoughts and if I knew how to start a poll I would gladly do it and along the lines of "Do you agree or disagree with financial aid to these third world nations"?
Can a mod kindly help me out here?