To: FITZ
Untrue.
The reason that third world countries are such, is that their people do not have easy access to capital and credit. There is no investment need among the rich to give loans for people to start businesses, because there is no competition outside of governments for capital. The government and rich in third world nations are one and the same.
Outside investment capital is prohibited, so those enterprising persons do not have the ability to increase the value of native currency by increasing market activity.
26 posted on
06/15/2003 3:56:42 PM PDT by
Pukin Dog
(Sans Reproache)
To: Pukin Dog
that their people do not have easy access to capital and credit. Sure they do ---do you think Fox's elite class in Mexico has no capital or credit? They don't need credit, they can buy shopping malls all at one time ----they've got vast amounts of capital. So do the wealthy elites of every country. The elites aren't much different in Haiti or Mexico than they are anywhere.
31 posted on
06/15/2003 4:02:12 PM PDT by
FITZ
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