POVERTY AND DEVELOPMENT, A VICIOUS CYCLE
Western installed Dictators perpetuate themselves in office through RIGOCRACY. Rigocracies are rigged elections organized by Dictators at regular intervals. To the Western world, voting is synonymous with DEMOCRACY but is voting democracy? No, voting without democracy is rigocracy!
Voting intervals are designed to mimic democracy but are highly choreographed displays of vote buying, voter intimidation, and electoral violence. Violence enforced by Western and Eastern supplied guns, tear gas, rubber bullets, uniforms, automobiles, and training of the vicious enforcers of the current political order.
Money not spent on security of the Dictator is converted to dollars and lodged offshore in “Panama” and “Paradise” Banks
The treasury is depleted, there is a dearth of infrastructure, farm lands lie fallow because there are no agricultural inputs. The brave and daring set off in rubber dinghies to Europe and America.
Add global warming, floods, droughts, forest fires, and mud slides; the result is hunger, famine, starvation, and death. The smart brains are drained out of developing nations to further develop developed nations. The IMF arrives in a white chariot and dispenses dollar denominated loans with strict preconditions to remedy the situation.
Preconditions that impede instead of accelerating economic development. Sterile genetically modified seeds replace non-sterile native seeds, withdrawal of subsidies especially food subsidies meant to alleviate poverty, increase hunger. Loans meant for development are used to import food and fuel.
Poverty is unchecked while loan burdens skyrocket, making loan servicing overtake GDP of loan recipients. Loans are used in buying genetically modified seeds from IMF funding nations making local farmers dependent on foreign inputs to grow staple crops that form the basis of national subsistence.
Acting on “expert” economic advice the IMF advances more loans to severely indebted nations and mandates more painful economic measures. Loans are promptly stolen by Dictators and deposited in offshore dollar denominated account as poverty continues to ravage developing nations in the unending Vicious Cycle of Poverty.