Thursday, June 19, 2008

News From Ghana

One of the reason African countries are poor is because their leaders are corrupt as ours. But things are changing. A few notes on this article...

Note the Ghanaian nurse in Great Britain that heads back to Ghana as soon as her youngest gets accepted in a British University. There is the technology transfer. Note one farmer builds a farm with no assistance, yet there is a call for government help with credit. Credit is always a trap in starting a business.

Note the export programs to help Ghana export to USA, a democrat program, is almost impossible to comply with. EASier to sell to China and elsewhere, thus changing trade patterns worldwide. Once these things set, they are hard to change.


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