The price of development...

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seoulbeats

@seoulbeats

Inactive

+ 4

Posted: 13 years ago

The developed world is fundamentally responsible for poverty in developing countries. What say?

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Angel-likeDevil

@Angel-likeDevil

Trailblazer

+ 3

Posted: 13 years ago

IDK so I cannot comment on whether it's the developed nations' fault... because, looking at Euro-zone crisis, we cannot really put a blame on th developed nations. However, would you please elucidate on the context, I dont quite understand...

Anyways, I would say that, every nation goes through some period of lows and hardships in the form of poverty, racism, etc. after which they will also come up.

It's just the matter of time, and other factors like population explosion, law and administration, rationality of the general mass.

People in general are veryyy complacent, TBH with you. Both the govt, the administration and the people. There is malfeasance in the administration at various forms, levels ..

So, it's not about what has been done to the nation in the past, it's about how it can rise and grow NOW.

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Freethinker112

@Freethinker112

Sparkler

Posted: 13 years ago

Every country has independence to develop itself, so it is not fair to say that developed countries are hindering our progress. Yes, at a high level, every economy ties together, but still we have room to develop. One's forwardness does not necessarily have to mean other's backwardness.

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Vintage.Wine

@Vintage.Wine

Voyager

Posted: 13 years ago

Originally posted by: seoulbeats
The developed world is fundamentally responsible for poverty in developing countries. What say?

Soul

You are responsible for making me scratch my head Sheesh! Here comes another lice that badgered me for long 😆 Thank you I'm Feeling better now ..☺️

Well Soul ..actually ...The developed nations can't afford to to keep the people in the developing world pauper ...The reason is fairly simple ...Most developed markets have reached a saturation point ...The giant companies there ...That are the engines of their debt ridden economies ...They can't afford to keep printing more currency ...The interest rates too are near zero ...And the debt markets are on the verge of a collapse ...

So if they want their companies to sell their exy products ..they can only look forward to getting newer customers ..Wealthier the better ...So that they can slug em and sell em their products to support the hefty compensations they pay to their employees. ...

What happened to GM , Chrysler in 2008 is the proof of that ..What happened to Bear Sterns is the proof of that ...The governments there are despaired ...They can do more Quantitative easing ..or offer more rescue / austerity packages ...Their economies would dwindle ...Like it happened with Greece , Portugal and many other nations.. Even the US lost it's AAA rating ..France and Germany face the same risk ..

The chains like Walmart ..that are sprawling relentlessly across all geographies would like the people there to be wealthy...and able to have more disposable income ... The markets where the Growth is the possibility ..

So I believe Developed nations ain't responsible for such things...Having poor people with empty wallets is their worst nightmare ...

Hahaha ..Can't believe I'm on a debating spree ...Blame it all on that Carrot juice I had a while ago ... Moreish it was ...And the focaccias too... Yum Yum ... 😃

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DHARA PATEL

@Dhara.ciara

Navigator

Posted: 13 years ago

Originally posted by: Vintage.Wine

Soul
You are responsible for making me scratch my head Sheesh! Here comes another lice that badgered me for long 😆 Thank you I'm Feeling better now ..☺️

Well Soul ..actually ...The developed nations can't afford to to keep the people in the developing world pauper ...The reason is fairly simple ...Most developed markets have reached a saturation point ...The giant companies there ...That are the engines of their debt ridden economies ...They can't afford to keep printing more currency ...The interest rates too are near zero ...And the debt markets are on the verge of a collapse ...

So if they want their companies to sell their exy products ..they can only look forward to getting newer customers ..Wealthier the better ...So that they can slug em and sell em their products to support the hefty compensations they pay to their employees. ...

What happened to GM , Chrysler in 2008 is the proof of that ..What happened to Bear Sterns is the proof of that ...The governments there are despaired ...They can do more Quantitative easing ..or offer more rescue / austerity packages ...Their economies would dwindle ...Like it happened with Greece , Portugal and many other nations.. Even the US lost it's AAA rating ..France and Germany face the same risk ..

The chains like Walmart ..that are sprawling relentlessly across all geographies would like the people there to be wealthy...and able to have more disposable income ... The markets where the Growth is the possibility ..

So I believe Developed nations ain't responsible for such things...Having poor people with empty wallets is their worst nightmare ...

Hahaha ..Can't believe I'm on a debating spree ...Blame it all on that Carrot juice I had a while ago ... Moreish it was ...And the focaccias too... Yum Yum ... 😃

😆😆😆😆😆😆😆😆😆😆😆😆😆

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Sara singh

@sarasingh86

Rocker

Posted: 13 years ago

i disagree. Fate of the country depends on literacy rate, system and political /economical policies. Other countries might effect but cannot play such significant role unless they are tightly coupled in terms of trades to great extent

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Vintage.Wine

@Vintage.Wine

Voyager

Posted: 13 years ago

Originally posted by: sarasingh86

i disagree. Fate of the country depends on literacy rate, system and political /economical policies. Other countries might effect but cannot play such significant role unless they are tightly coupled in terms of trades to great extent

Sara

I ll agree with your disagreement with alacrity ...But it seems like everyone is agreeing with everyone else on everything a bit too much ...Too much agreement to sounds scary too. 😆

Okay ...Looks like I have finally found something to disagree with. Your last statement : unless they are tightly coupled in terms of trades to great extent <<< of course the economies around the world are coupled with each other. World is a global Economic village now ...A symphony composed with economic tunesof many nations together ... that every nation dances to ...If one tune is outta rhythm ...the whole symphony starts to sound strident 😆

Yeah very tightly coupled they are 😛 Much like Me with my Bf / GF 😆

The exception being the Nations whose economies rely solely upon the amount of weed they produce ...😆 << Kidding here 😛

Haha Keep making such seriously cute posts 😛 I like em 😃

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Sara singh

@sarasingh86

Rocker

Posted: 13 years ago

Originally posted by: Vintage.Wine

Sara

I ll agree with your disagreement with alacrity ...But it seems like everyone is agreeing with everyone else on everything a bit too much ...Too much agreement to sounds scary too. 😆

Okay ...Looks like I have finally found something to disagree with. Your last statement : unless they are tightly coupled in terms of trades to great extent <<< of course the economies around the world are coupled with each other. World is a global Economic village now ...A symphony composed with economic tunesof many nations together ... that every nation dances to ...If one tune is outta rhythm ...the whole symphony starts to sound strident 😆

Yeah very tightly coupled they are 😛 Much like Me with my Bf / GF 😆

The exception being the Nations whose economies rely solely upon the amount of weed they produce ...😆 << Kidding here 😛
Haha Keep making such seriously cute posts 😛 I like em 😃

@Bold - I meant , it depends how much developing country is dependent on developed one in terms of trade(Import n export) . It matters in that case. Being self dependent to is important but entirely relying on basic day to day things is hindrance to development.Otherwise yes I agree that every country is involved with almost other to extent of seeking benefits.

I have completely forgotten.Were u in BB5 forum😕

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Vintage.Wine

@Vintage.Wine

Voyager

Posted: 13 years ago

Originally posted by: sarasingh86

@Bold - I meant , it depends how much developing country is dependent on developed one in terms of trade(Import n export) . It matters in that case. Being self dependent to is important but entirely relying on basic day to day things is hindrance to development.Otherwise yes I agree that every country is involved with almost other to extent of seeking benefits.

I have completely forgotten.Were u in BB5 forum😕

Sara 😛

Haha ..Yeah you illustrated that pretty neatly ...Must extol ya for your endeavor to enlighten me even when I'm pickled 😆 .. Yeah Self dependence it is ..The Key word 😛 So are you a Developed Girl ? Or a Developing Girl ? 😛 I mean self dependent or still rely upon others like em! The parents / Husband / Children ...for living 😛 <<< Sheesh! I'm kidding there ...

BB5 ? Oh! yeah that riot of a show ..Haha ..No actually I was behind the slammer those days 😛 and they didn't allow us prisoners such privileges .. I mean watching TV shows and Partaking forum discussions etc 😆 Sad people we are

Haha Never mind .Forgetting things is my forte too 😆 It takes me 2 hours each morning to remember who I am ..😆

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Sara singh

@sarasingh86

Rocker

Posted: 13 years ago

#10

Originally posted by: Vintage.Wine

Sara 😛

Haha ..Yeah you illustrated that pretty neatly ...Must extol ya for your endeavor to enlighten me even when I'm pickled 😆 .. Yeah Self dependence it is ..The Key word 😛 So are you a Developed Girl ? Or a Developing Girl ? 😛 I mean self dependent or still rely upon others like em! The parents / Husband / Children ...for living 😛 <<< Sheesh! I'm kidding there ...

BB5 ? Oh! yeah that riot of a show ..Haha ..No actually I was behind the slammer those days 😛 and they didn't allow us prisoners such privileges .. I mean watching TV shows and Partaking forum discussions etc 😆 Sad people we are

Haha Never mind .Forgetting things is my forte too 😆 It takes me 2 hours each morning to remember who I am ..😆

@Bold - oh God ur funny . 😆It wouldn't hurt to tell in which forum we interacted.😆 It has to be BB, bz i don't drool for anything else other than BB in here
lOL. I was self dependent girl couple of months back😉. Basically i was studying n working . Now again I m back to being dependent on my parents , wanted to enlighten myself n now I m looking forward to be in "Developed girl" category again 😃

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