In order to save a handful of fat and old people from the coronavirus, half a billion more people around the world now face poverty. All because of these hysterically insane lockdown orders by governments.
AP:
Around half a billion people could be pushed into poverty as a result of the economic fallout from the coronavirus pandemic unless richer countries take “urgent action” to help developing nations, a leading aid organization warned Thursday.
In the run-up to three key international economic meetings next week, Oxfam has urged richer countries to step up their efforts to help the developing world. Failing to do so, it added, could set back the fight against poverty by a decade and by as much as 30 years in some areas, including Africa and the Middle East.
“The devastating economic fallout of the pandemic is being felt across the globe,” said Jose Maria Vera, Oxfam International Interim Executive Director. “But for poor people in poor countries who are already struggling to survive there are almost no safety nets to stop them falling into poverty.”
The report, which is based on research at King’s College London and the Australian National University, warns that between 6% and 8% of the global population could be forced into poverty as governments shut down entire sectors of their economies to manage the spread of the virus. As an example of the repercussions of the lockdowns in many Western countries, the report notes that more than a million Bangladeshi garment workers — 80% of whom are women — have already been laid off or sent home without pay after orders were cancelled or suspended.
Oxfam is calling on world leaders to agree on an economic rescue package to keep poor countries and poor communities afloat. Finance ministers from the Group of 20 leading economies are set to meet next week, as are the International Monetary Fund and the World Bank.
Apparently nobody did a proper cost benefit analysis before ordering these retarded lockdowns. A half billion people facing impoverishment is certainly a far bigger problem than even the most dire coronavirus projections we saw.
Either that, or they wanted this to happen. Because with these third world countries already fragile economies now in total disarray, the World Bank can step in, give them loans and indirectly influence the politics of these countries.
But even more comical is how the above Associated Press piece talks about how “rich countries” also known as White people, need to help these third world countries deal with this economic collapse. As if we aren’t going to have enough problems to deal with already.
