Two different shortages of capital: bank reserves in Europe and water in Somalia.
For countries like Italy and Portugal, the catastrophe is man made. The situation is dire in that it's symptomatic of a global economic meltdown. We've come to realize how thin a wire our governments our walking when creating the illusion of fiscal responsibility. Whats at stake are jobs, houses, livelihoods. One slip could derail the rollercoaster ride our markets are currently riding.
In Somalia, the drought, and subsequent famine is natural, though a case can be made for it being our fault too. The capital is water and crops. There will be no bailouts or restructuring. Nations will not hold emergency meetings and presidents will not address the situation from their podiums. It's not the first time whole villages have starved, nor will it be the last. The loss will be in the thousands, not trillions; lives, not budgets. But, in the end, Somalia will subsist. The tragedy will be a headline buried with the bodies of so many.
Please help Somalia by contributing either through the link below or one of your own choice.
http://www.irusa.org/
No comments:
Post a Comment