The fall of the Eurozone and the USA verses the re-positioning of emerging economies.

When developing countries experience financial problems, the west terms it mismanagement. When the west is facing economic challenges it becomes a global recession.

Why is the West trying to drag us into their problems? Developing nations are growing. Do the emerging economies intimidate the west so much that they try their best to destabilize such countries? The resources they looted from the developing world all these years are diminishing. They fear a time when they will never be able to arm-twist the developing countries into giving those resources at throw away prices. These same resources they process into products which are shipped back to Africa and sold at exorbitant prices. It is time for developing nations to get out of the grasps of the West.

Seriously, with all the make-up and face-lifting nothing could rejuvenate the EU. The credit rating agencies such as Standard & Poor it seems see the West as there most vulnerable prey. Every dawning day rumors of possible downgrading shock their stock markets causing ripples in the financial sector.
Most countries in the West are huge public debts, a sure sign that they are living beyond their means. They fund useless wars which have proved costly not only in the question of funds but also precious human life. The most prominent country being USA who are fully aware of the frightening decline in there global status. We need to appreciate the importance of the open arm and the pen at times in order to eliminate the trillions the world spends to fund avoidable wars. The United States will have spent a total of $3.7 trillion on wars in Iraq, Afghanistan and Pakistan, costing 225000 lives. Why is it that we never here from those who want peace?

All in all, governments are to blame anywhere everywhere. They have led us into mess. Corporatism has infiltrated the Governments which have now refused to listen to the natural person. A good example is Nigeria where the people have adamantly rejected the idea of fuel subsidy which is not there privilege but a right. Governments are rushing to put us down before there are massive protests. Good examples are Syria, Bahrain and Uganda. Freedom is when the people speak, democracy is when the government listens.


Capitalism is not perfect but it beats communism by a long way. Yes there are inequalities, but there will always be, because some people are smarter than others, some are more industrious e.t.c. However that is no excuse to advocate for inequality. The world should let equity to always prevail upon all circumstances. In this pursuit capitalism won't work, time for innovative new economic systems. The 1% of the 1% of every nation on earth live an obnoxiously lavish lifestyle while children starve in the streets. Where is the voice of reason? I suppose why not a third, fourth, fifth option e.t.c. One that will help the world tame the financial sharks.

However the question remains, will the new world powers polarize the world or make it stand as one? That is a question that I leave for another day. However I can only hope that whichever country that is, it will not use that platform to spew bigotry, plant division or further the institutionalization of racism and fascism.
Share on Google Plus

About Rowland Mtetezi

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.
    Blogger Comment
    Facebook Comment

5 comments:

  1. I couldn't agree with you more on this. You said it correctly

    ReplyDelete
  2. Of course Puali.. the truth of the matter...

    ReplyDelete
  3. The imminent & inevitable shift of power

    ReplyDelete
  4. On Wednesday, I asked President Obama the following question: "As the Chinese watched your most recent diplomacy in Asia, is it fair for them to have looked at the flurry of diplomatic activity — political, military, economic — and concluded, as many Chinese scholars have, that the United States is building a containment policy against China?"

    Here's Barack Obama's answer:

    "No, that would not be accurate, and I’ve specifically rejected that formulation.

    "I think what would be fair to conclude is that, as I said we would do, the United States has pivoted to focus on the fastest-growing region of the world, where we have an enormous stake in peace, security, the free flow of commerce and, frankly, an area of the world that we had neglected over the last decade because of our intense focus on Iraq, Afghanistan and the Middle East.
    Read: Barack Obama on Bush, Romney and Iran.

    "So if you look at what we’ve done, we’ve strengthened our alliances with Japan and South Korea — I think they’re in as good of shape as they’ve ever been. We have involved ourselves in the regional architecture of — including organizations like ASEAN and APEC. We’ve sent a clear signal that we are a Pacific power and we will continue to be a Pacific power, but we have done this all in the context of a belief that a peacefully rising China is good for everybody.

    "One of the things we’ve accomplished over the last three years is to establish a strong dialogue and working relationship with China across a whole range of issues. And where we have serious differences, we’ve been able to express those differences without it spiraling into a bad place.

    "I think the Chinese government respects us, respects what we’re trying to do, recognizes that we’re going to be players in the Asia Pacific region for the long term, but I think also recognize that we have in no way inhibited them from continuing their extraordinary growth. The only thing we’ve insisted on, as a principle in that region is, everybody’s got to play by the same set of rules, everybody’s got to abide by a set of international norms. And that’s not unique to China. That’s true for all of us."

    ReplyDelete
    Replies
    1. Amazing truth that is ...I lyk the way you put your points!!

      Delete