Aces High Bulletin Board

General Forums => The O' Club => Topic started by: 1K3 on February 03, 2007, 10:26:13 PM

Title: What's really benefits Africa... Western donation/charities or Chinese Loans?
Post by: 1K3 on February 03, 2007, 10:26:13 PM
My take on this...

Western charities and donations help Africans escape hunger for 1 day, but Chinese loans (billions worth) improves the situations of the Africans in the long run.  The Chinese are also there building infrastructures, even in the most remote regions of Africa.
Title: What's really benefits Africa... Western donation/charities or Chinese Loans?
Post by: Xargos on February 03, 2007, 10:54:03 PM
Beware of Greeks bearing gifts.
Title: What's really benefits Africa... Western donation/charities or Chinese Loans?
Post by: Sandman on February 03, 2007, 11:03:52 PM
Let's just look at the abysmal failure of the welfare system in this country. We have dynasties of state dependents.

Charity only goes so far.
Title: What's really benefits Africa... Western donation/charities or Chinese Loans?
Post by: lasersailor184 on February 04, 2007, 02:27:26 AM
Quote
Originally posted by Sandman
Let's just look at the abysmal failure of the welfare system in this country. We have dynasties of state dependents.

Charity only goes so far.


Agreed.  I have little sympathy for most of africa.  When they stop screwing themselves over, then I'll have more sympathy.
Title: What's really benefits Africa... Western donation/charities or Chinese Loans?
Post by: Xargos on February 04, 2007, 02:30:45 AM
I feel sorry for most of those people.  I lived in Africa for 4 years when I was younger.  Africa is proof of what happens when there is no middle class.
Title: Re: What's really benefits Africa... Western donation/charities or Chinese Loans?
Post by: Pei on February 04, 2007, 03:46:55 AM
Quote
Originally posted by 1K3
Chinese loans (billions worth) improves the situations of the Africans in the long run.  The Chinese are also there building infrastructures, even in the most remote regions of Africa.


Assuming the money doesn't go into various peoples' swiss bank accounts.
Title: Re: What's really benefits Africa... Western donation/charities or Chinese Loans?
Post by: lukster on February 04, 2007, 09:12:23 AM
Quote
Originally posted by 1K3
My take on this...

Western charities and donations help Africans escape hunger for 1 day, but Chinese loans (billions worth) improves the situations of the Africans in the long run.  The Chinese are also there building infrastructures, even in the most remote regions of Africa.


The "west" has been doing far more than just feeding Africans for "1 day" for many decades.

Communism or fundamentalist Islam? Not sure which will be the great evil in Africa but I am sure that neither will promote individual liberty.
Title: What's really benefits Africa... Western donation/charities or Chinese Loans?
Post by: lazs2 on February 04, 2007, 10:02:15 AM
charity and hand outs don't promote individual liberty either.

lazs
Title: What's really benefits Africa... Western donation/charities or Chinese Loans?
Post by: lukster on February 04, 2007, 10:06:03 AM
Quote
Originally posted by lazs2
charity and hand outs don't promote individual liberty either.

lazs


Hand outs certainly don't but charity comes in many forms. A missionary who provides medical treatment or helps a village to build a crop irrigation facility is certainly being charitable while helping a people to become self sufficient.
Title: What's really benefits Africa... Western donation/charities or Chinese Loans?
Post by: lasersailor184 on February 04, 2007, 12:07:18 PM
Quote
Originally posted by lukster
Hand outs certainly don't but charity comes in many forms. A missionary who provides medical treatment or helps a village to build a crop irrigation facility is certainly being charitable while helping a people to become self sufficient.


What about when that village kicks the farmer out and "nationalizes" his land?
Title: What's really benefits Africa... Western donation/charities or Chinese Loans?
Post by: Maverick on February 04, 2007, 12:13:01 PM
Loans are great but only work when there is an ability to repay them and the interest without bankrupting the debtor. What has the majority of Africa , or at least the section being considered, got to use to repay any loans?

Handouts are great for the moment. They don't necessarily promote self reliance.
Title: What's really benefits Africa... Western donation/charities or Chinese Loans?
Post by: Sandman on February 04, 2007, 12:18:14 PM
Quote
Originally posted by lasersailor184
What about when that village kicks the farmer out and "nationalizes" his land?


The village then gets the pleasure of watching their agricultural efficiency plummet, followed by the pleasure of starving.
Title: What's really benefits Africa... Western donation/charities or Chinese Loans?
Post by: Maverick on February 04, 2007, 12:22:02 PM
Don't they have that now??? Why should anyone want to spoil their fun? :huh
Title: Re: Re: What's really benefits Africa... Western donation/charities or Chinese Loans?
Post by: 1K3 on February 04, 2007, 12:53:23 PM
Quote
Originally posted by lukster
The "west" has been doing far more than just feeding Africans for "1 day" for many decades.



And so far it's been a failure.  Western charities are there in Africa just to give food/used clothes and in return you have to believe and submit to The Lord Jesus Christ (TM).  There's just no economic development there other than to keep them alive.  Chinese investments/loans on the other hand are transforming even the 6th world countries to respective 3rd or 2nd status,
Title: What's really benefits Africa... Western donation/charities or Chinese Loans?
Post by: lasersailor184 on February 04, 2007, 01:05:30 PM
Quote
Originally posted by Sandman
The village then gets the pleasure of watching their agricultural efficiency plummet, followed by the pleasure of starving.


You're not half bad sometimes.  :aok
Title: What's really benefits Africa... Western donation/charities or Chinese Loans?
Post by: vorticon on February 04, 2007, 01:37:44 PM
"What about when that village kicks the farmer out and "nationalizes" his land?"


nothing like a small army to keep the peasants in line and local warlord at bay.
Title: What's really benefits Africa... Western donation/charities or Chinese Loans?
Post by: Curval on February 04, 2007, 01:47:17 PM
Loans were made by the US and others on many occasions.  They have been forgiven for the most part as there was no hope of collection.  I think the Chinese may learn a hard lesson.
Title: What's really benefits Africa... Western donation/charities or Chinese Loans?
Post by: Bluedog on February 04, 2007, 04:43:05 PM
Quote
Originally posted by Maverick
Loans are great but only work when there is an ability to repay them and the interest without bankrupting the debtor. What has the majority of Africa , or at least the section being considered, got to use to repay any loans?


Natural resources.
Aluminium, copper, diamonds, emeralds, gold, iron, lead, oil, phosphates, silver, timber, tin, uranium, zinc.....I'm sure the list goes on.

Problem is it takes a large whack of money to establish the infrastructure required to turn those resources into cold cash.
The African people (as a general rule) are dirt poor and havent got the resources(money) to get the ball rolling.
Maybe an influx of Chinese cash and technical knowledge will kick start the whole show.

Of course, there is allso the problem of getting them to stop killing each other long enough to put in a day's work, but that is an entirely differant problem, and one that may actually be made infinately worse by establishing industry in Africa.