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| Posted By: Yeheyis Posted On: Jun 5, 2004 Views: 450 | IMF order to Africa: allocate 30% of your export e IMF order to Africa: allocate 30% of your export earnings to debt service ! ------------------------------------------------------------------------ -------- IMF orders: allocate 30% of your export earnings to debt service ! 1.IMF demands that African countries allocate 20- 30% of their export earnings to debt service,but only 3-5% in case of east European countries ! 2.According to some observers the purpose of the African debt crisis is to ensure cheap and uninterrupted flow of raw materials from Africa to the west.They argue,in reaction to the 1973 G.C. Arab oil boycott and to prevent similar measures by other so-called developing countries the west began lending billions of USD to those countries and made sure that the money did not pay-off. So, unsuspecting Africans fell into the dept trap. 3.40% of the world food is produced on 150 million hectares irrigated land,making only 17% of the agricultural land. 4.Germany is a major exporter of processed coffee.As the biggest importer of Ethiopian coffee Germans just roast and grind our coffee,adding a value of over 600%.But extremely high tariffs discourage Ethiopians from roasting and grinding their coffee before exporting it to Germany. 5.During his visit to Ethiopia in 1996 G.C. former German president Roman Herzog praised Woyanes' ethnic based constitution as "eine Pilot-Verfassung für ganz Afrika" (a model constitution for the whole of Africa). Under the term "ethnic federalism" that was also America's vision for Africa,home to more than 2000 ethnic groups.Their real agenda was of course to give Africa an assignment for a hundred years,countless and endless ethnic conflicts - an African nightmare. you write IMF ADMITS MISTAKES ???!!! comeon do not cheat us and yourself. First when you say "IMF admits mistakes" you are implying that the breton wood institutions HAD GOOD INTENTIONS (speaking from an african perspective), but that is not true.They had no good intentions from the outset. Second IMF and world bank had achieved their primary and hidden goals as the devastation in africa shows. Those who really control the institutions are KILLERS,SADISTS AND TERRORISTS of the WORST sort,far worse than al qaida. And they deserve an appropriate punishment. And there is no doubt they will get that PUNISHMENT. The days when the west could commit crimes and get away with it are gone now.This is yet another western crime beside the aids pandemic,slavery,colonialism,etc. Please read what was posted in the internet why imf and world bank lent money to africa beginning in the 70ies. " 1.IMF demands that African countries allocate 20- 30% of their export earnings to debt services,but only 3-5% in case of east European countries ! 2.According to some observers the purpose of the African debt crisis is to ensure cheap and uninterrupted flow of raw materials from Africa to the west.They argue,in reaction to the 1973 Arab oil boycott and to prevent similar measures by other so-called developing countries the west,the scum of humanity and home to the worst,unhappiest,most morally corrupt,least religious and most deceptive people on the planet, began lending billions of USD to those countries and made sure that the money did not pay-off in those african countries.The west has many ways to achieve that,by manipulating prices for imported and exported goods,by inciting conflicts,by introducing quotas and tariffs,etc. And most money lent to africans was spent to buy western consumer goods(as a result of african mental corruption caused by hollywood films,western literature,education,pop and media many africans give western goods more value than they deserve) or was invested in western companies. Thousands of western investment bankers have made millions by deceiving african dictators and elites who entrusted westerners to manage the money stolen from their people !!! So,as a result unsuspecting Africans fell into the dept trap. The evil west has since then a cheap access to african raw materials, and demands africans to export even more and more raw materials to PAY THEIR DEPTS(see the 30% demand above) and in so doing the west lets prices for those raw materials dive in the world market !!! " ETHIOPIANS ABROAD STOP THIS SELF-SENSORSHIP WHILE LIVING IN COUNTRIES WHERE YOU HAVE A FREEDOM OF EXPRESSION, SPEAK OUT !!! SPEAKING THE RIGHT WORDS AT THE RIGHT TIME IS THE FIRST STEP TO LIBERATION !!! fool ethiopians, the price of letting meles rule ethiopia just for another day HAS BY FAR EXCEEDED the sacrifice needed to remove him from power LONG AGO !!! STILL MANY DO NOT RISE UP AGAINST MELES RIGHT NOW,WHAT ABOUT THE HUNDREDS OF THOUSANDS OF HIV POSITIVES ? MELES IS RESPONSIBLE FOR THEIR INFECTION,WHY DO NOT THEY REVENGE NOW ??? |