Hot Question of the Day #11
Why do African mis-rulers believe that touting IMF figures praising their economies are high achievements?
If these reprobate mis-rulers had any agency for critical thinking, they would have interrogated their brains and asked why all the brilliant economists at the twin organizations the West set up to promote its interests, the IMF and the misnamed World Bank, failed to redeem the economy of the US, its host and chief sponsor.
Or would they describe the US economy, staggering under 31 trillion dollars in debt, as a roaring success?
Our misgovernors would also ask why these organizations cannot rescue the economies of rapidly deindustrializing Germany or the economy of that Island of iniquities that called itself Great Britain!
Why can’t the shameless and visionless rulers in Africa ask why China, without IMF guidance, managed to leapfrog to the top of the global economic ladder?
Unfortunately, deep thinking is not the forte of the certificated fools we have misruling our continent on behalf of their sponsors and curators in London, Paris, and Washington DC.
Professor Adebayo Adedeji: “Any economy theory that impoverishes people is doomed to failure.”
“But while they prate of economic laws, men and women are starving. We must lay hold of the fact that economic laws are not made by nature. They are made by human beings.” - Franklin D. Roosevelt.
©️ Fẹ̀mi Akọ̀mọ̀làfẹ̀
(Farmer, Writer, Published Author, Essayist, Polemicist, Satirist, and Social Commentator.)
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