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Microfinance: An Economic Development Failure? — Social Edge

http://www.socialedge.org/blogs/i-on-poverty/archive/2009/12/19/microfinance-an-economic-development-failure Does microfinance promote economic development? Does a poor person care? A short economic history of the world: The first 9,800 years were pretty much economically static. Then, the Industrial Revolution occurred.
Africa is a continent of despair and desperation. Here, eight year-olds toting AK-47s massacre whole villages and eccentric dictators feast on the organs of the opposition, believing it’ll boost their mojo. Tsetse flies nibble on the eyelids of starving children who sport distended bellies like it’s their birthright, not to mention the fact that by the time you finish reading this article, another six Africans will die from malaria, five from AIDS, and seventeen from poverty and hunger. Also, the wildlife is beautiful and the people like to dance and sing. http://why-we-are-white-refugees.blogspot.com/2009/12/africans-to-bono-for-gods-sake-please.html

Africans to Bono: “For God’s Sake, Please STOP!”