The West is behind the curve relative to African investment. China is decades ahead and reaps massive benefits. As in this Current.tv video, Angola gets new and improved infrastructure: roads, railways, hospitals, universities and schools, new businesses and is the fastest growing economy on the Continent. Unfortunately Chinese investment does nothing for Angolan unemployment and [...]
Archive > November 2008
Rural Internet: Stuck in the Slow Zone
Here’s an interesting article (with informative comments) on Internet connectivity options in rural America. I wasn’t aware of Wireless ISP and only recently discovered 3G EVDO when I bought my iPhone a few days ago. This article is important because not all Black people want to live in cities. I, for one, have fond memories [...]
The Hallmark Channel
Tis’ the season for the annual run of holiday tear-jerkers on the Hallmark Channel. Because we have but one TV with a cable feed and because I’m such a nice guy, my usual Fall Saturday evening football viewing has been preempted by episode after episode of melodramas. My sister absolutely loves them as she gets [...]
Betta Save Yo’ Ducats
As I watch part of my portfolio wither during this worldwide financial meltdown, I have to ask the question, “Didn’t anyone see this coming?” Apparently Peter Schiff did…back in 2006. Schiff points to the low savings rate of the United States as its worst malady, citing the transformation from being the world’s largest creditor nation [...]
What One Hundred Billion Dollars Buys You
The answer is, in Zimbabwe, not very much. Back in July, the government of Zimbabwe issued one hundred billion dollar notes. With one, you can buy four oranges or three eggs as shown in the picture above. But they still cannot buy you a loaf of bread. Once-prosperous Zimbabwe has seen an unprecedented economic meltdown [...]
