November 21st, 2012, 19:15
Hoe economy can go bad, and I real *really* bad, can be seen with African chicken markets right now :
And this is not a joke : Subsidized (spelling ?) european chicken producers produce so much of them that they don't really know what to do with them.
The "solution" : Just sell them to Africa !
There, they arrive in such masses and still for so cheap prices, that *local* chicken producers get out of business.
Result : Local markets get destroyed, they become dependent on Europe … not good.
One could call this "indirect economic imperialism", I guess.
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“ Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius – and a lot of courage – to move in the opposite direction.“ (E.F.Schumacher, Economist, Source)