I am still a bit sleepy.This is just a sleepy thought that occurred to me and possibly I should not write it down until I am awake.
South African politicians and desicion makers have made some huge booboos for which they have taken huge amounts of flak. The press does not let them get away with anything, and what press does? The electricity saga, the Scorpion saga, corruption sagas and the list goes on.
The world dismisses the place as "Africa", therefore relatively incomptetent and they treat these stuff ups as to be expected.
So then what I want to know is, how certain decision makers in the US thought it was ok to give homeloans to people without jobs, and how in the UK they gave mortgages to people who could not afford them, and how they and people from a few other countries managed to create a recession that affects not only their own countries but the entire world?
These decision makers are people from first world countries, whom we assume to be, well, intelligent, well educated and efficient. And this recession was something that we plebs could see coming from a mile away.
I think there should never be another comment about why "Africa" cannot sort itself out again. Stuff ups are a worldwide phenomenon. Africa most certainly does not have the patent on that one.
Although I do not include the AIDS stuff up in this category. That one is on a level all of its own.
South African politicians and desicion makers have made some huge booboos for which they have taken huge amounts of flak. The press does not let them get away with anything, and what press does? The electricity saga, the Scorpion saga, corruption sagas and the list goes on.
The world dismisses the place as "Africa", therefore relatively incomptetent and they treat these stuff ups as to be expected.
So then what I want to know is, how certain decision makers in the US thought it was ok to give homeloans to people without jobs, and how in the UK they gave mortgages to people who could not afford them, and how they and people from a few other countries managed to create a recession that affects not only their own countries but the entire world?
These decision makers are people from first world countries, whom we assume to be, well, intelligent, well educated and efficient. And this recession was something that we plebs could see coming from a mile away.
I think there should never be another comment about why "Africa" cannot sort itself out again. Stuff ups are a worldwide phenomenon. Africa most certainly does not have the patent on that one.
Although I do not include the AIDS stuff up in this category. That one is on a level all of its own.
10 comments:
You're so right, of course! People who live in glass houses shouldn't throw stones... or wander around in the nude...
ladyfi: hehe never heard that part of the saying before :)
such a good point! hope u having a fly weekend!
you left greedy off the list!
I couldnt even read this post because the cute picture was too distracting.....cuteness
At risk of inadvertently defending those I don't wish to defend, while you make some good examples of fkups in the US/UK, I think that the difference is that the incompetence permeates through to every level in Africa.
Oh and it's:
People who choose to live in glass houses,
Should close the blinds before removing their trousers.
You make a good point here!
6000: of course of course. But this recession stuff up is so astounding to me cos it was so obvious and such a world wide disaster.
And I know nothing about economics but it seems clear to me that it was bound to happen.
Anyhoo.
mylifescape, BB ,kitty cat: why thanks.
Dash: greed is universal too indeed.
I think that this is the main problem with the so called first world countries.
People believe that they DESERVE a nice house and a nice car and a nice life, when the reality is that you have to earn all that stuff.
The misconception of entitlement pushes them to get these bad loans and mortgages which has caused all these problems.
Astharis: I think we are on the same wavelength here. I am not too comfortable with credit myself, but I think too many people are becoming way too comfortable with it.
I also feel that in the UK it has become a trend to own a house from a very early age. Have you noticed that too?
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