Suggestion A Sydney night out for the socialist leftPlay sets the stage for social message INTERNATIONAL socialism is pretty much a museum piece now, despite the best efforts of the publicity-seeking Venezuelan president Hugo Chavez and America's public broadcast network...
On Sat, 07 Jan 2006 06:07:49 GMT, "Stan Pierce"
Lots actually.Mali, Burkina Faso, Chad, Benin, Senegal etc.
Bad government debts and private sector investment are two completely different things.We're talking direct foreign investment here, not Stalinesque cotton farms owned and operated by the State in five year plans..
Some of them.One of my neighbours for instance was a partner in a merchant bank that specialised in being a funds intermediary for facilitating DFI expansion for US agribusiness.That was their bread and butter.There was plenty of that by plenty of others going on to boot.
That's not how most sophisticated US based companies operate anymore Stan - well, outside of the energy and military contracting sectors anyway.There is simply too much bad publicity and too much or a risk premium to be had these days by trying to pull poo like, say, what the old United Fruit Company did in Central, South and Latin America in decades past.
Corruption in international agribusiness in US domiciled companies no longer adds greater shareholder value than does traditional trade and investment.
Well, there's plenty of African Americans running a great number of succesful corporations.And in any event, it would be the parent company in the US ultimately running the operation.That's what DFI is all about.
