One of our main arguments is that we in Western G7 ]# m, D; p2 @
countries actually have part to play in causing the __1__
& K/ ?* P0 l2 a- h3 t problems of the Third World. Many Third World `9 @6 j3 V6 M. z
countries are saddle with immense debt burdens, for __2__9 j# N9 |3 D/ d' R' A! R
example. They were lent money with low interest rates __3__* ?1 p# v) B" b; r) Y# \
in the 1970s, when money flooded into Western banks
8 Z+ v8 c' a! \ from the oil-producing countries and was lent out to
! U* }- b: M' K* W the Third World. The interest rates have then been risen __4__
# Y& X8 d$ z5 ^9 k* n8 c5 o& i dramatically. So you have a situation where a country
# U9 F5 h- {5 O2 f in many cases can’t even repay the interest, letting alone __5__
, v0 x5 {# {4 V* j the capital, on the debt. And I suppose the best example8 [' k I5 f2 x# \) v
from what I have come across is a country in West/ E; G$ g. F) t0 _* B. D
Africa where the consumption, the local consumption6 i! Z. x$ }4 p! o1 E
of peanuts was banned, because peanuts, if they are
* U3 X: H. G# a) g( g imported can bring in a great deal of foreign income. __6__
5 o( i; i+ C4 N7 K0 M4 i3 g; }# | The peanut is a major source of protein in this country.- c" Q1 a' B: g* C
So you have people go hungry as a result of that. __7__ i; j* m& [% I
The peanuts were exported to Great Britain and the1 a1 `& c$ u1 i# _$ ?# j2 V
United States to feed our cattle. Those cattle then produced
# D p/ j8 z4 G2 @5 b! d: l a surplus of milk which we do not know what to do with.' b0 l% X# w( c4 G3 r: h
We have enough milk, more milk than we can. R; u9 z* ] o/ w. Z8 t0 j: D
cope with in the Western World. And also that milk __8__
) j" n8 g. K) o was transformed into dried milk powder and then taken
3 v* ~3 J9 [9 C& N% c0 m4 F back to this country to help feed children who were
$ @" O9 W6 Y. a V/ Y8 f9 d. r R suffering from malnutrition. So that’s the kind of insanely __9__3 e1 x; l/ t4 k; ^% x' F) k
economic relationship that we have got ourselves in __10__/ W5 T/ {5 U# h
the Third World. |