give €1 billion to starving people in the world/ NOT the banks!!!!

YFlyer · 26-02-2015 10:26PM

fungi_forest wrote: »

Hi,
May I ask you please,
How can I improve myself please?

Know thy self.

BoJack Horseman · 26-02-2015 10:28PM

sup_dude wrote: »

I dunno how true the idea of EU producing enough food but wouldn't that be due to different climates producing different foods?

To do what?
Rot?

As was said, Europe produces enough to feed the planet.

Terribly wasteful of those other tens of millions of farmers, growing food only to have it rot.

Ave Sodalis · 26-02-2015 10:29PM

BoJack Horseman wrote: »

To do what?
Rot?

As was said, Europe produces enough to feed the planet.

Terribly wasteful of those other tens of millions of farmers, growing food only to have it rot.

Yup, it seems so

http://www.theguardian.com/environment/2013/jan/10/half-world-food-waste

TheShockmaster · 26-02-2015 10:36PM

fungi_forest wrote: »

Its going to cost 1 billion to pay the banks back in Europe?
But why don't they use the 1 billion euro to save the starving people in other countries?, or at very least put some money into permanent water pumps in South Africa, so the people there will at least have some water

Because they aren't worth the investment. Simple but true. The comfortable world you and I live in is built on the blood and suffering of others. Money makes money, or at least feeds the illusion that it does, allowing rich people (you and I in relative terms) to make more money. The world is harsh and unfair, but no one is entitled to anything. We have won the lottery by being born where and when we were.

1 billion is barely enough to build a good road, not to mention feed the world's hungry. Even if we could afford it, we wouldn't choose to do so. Our leaders are elected by us to make decisions that we personally find repulsive. I seem to remember people being upset that Ireland sent money to Uganda a few years ago that subsequently went missing because leaders in developing countries dont give a rats ass about their population.

fungi_forest · 26-02-2015 10:39PM

TheShockmaster wrote: »

Because they aren't worth the investment. Simple but true. The comfortable world you and I live in is built on the blood and suffering of others. Money makes money, or at least feeds the illusion that it does, allowing rich people (you and I in relative terms) to make more money. The world is harsh and unfair, but no one is entitled to anything. We have won the lottery by being born where and when we were.

1 billion is barely enough to build a good road, not to mention feed the world's hungry. Even if we could afford it, we wouldn't choose to do so. Our leaders are elected by us to make decisions that we personally find repulsive. I seem to remember people being upset that Ireland sent money to Uganda a few years ago that subsequently went missing because leaders in developing countries dont give a rats ass about their population.

O.K, we won the lottery ticket and I'm very grateful and happy to be here and won it.

BUT, don't you see, WE WON THE TICKET. ALL OF US IN THE WESTERN world have,
AND ITS UP TO US TO DO WHAT WE WANT THE LOTTERY MONEY.

if you win the lottery, you can use that money to buy cards,material goods,boats,etc,etc... or you could invest it to make projects for the starving people,etc.
.

TheShockmaster · 26-02-2015 10:45PM

fungi_forest wrote: »

O.K, we won the lottery ticket and I'm very grateful and happy to be here and won it.

BUT, don't you see, WE WON THE TICKET. ALL OF US IN THE WESTERN world have,
AND ITS UP TO US TO DO WHAT WE WANT THE LOTTERY MONEY.

if you win the lottery, you can use that money to buy cards,material goods,boats,etc,etc... or you could invest it to make projects for the starving people,etc.
.

We choose not to, for the same reason a lion doesn't offer the hyena a bite of the zebra he just caught. Nature is intrinsically selfish.

ytpe2r5bxkn0c1 · 26-02-2015 10:48PM

fungi_forest wrote: »

O.K, we won the lottery ticket and I'm very grateful and happy to be here and won it.

BUT, don't you see, WE WON THE TICKET. ALL OF US IN THE WESTERN world have,
AND ITS UP TO US TO DO WHAT WE WANT THE LOTTERY MONEY.

if you win the lottery, you can use that money to buy cards,material goods,boats,etc,etc... or you could invest it to make projects for the starving people,etc.
.

Unfortunately you seem to have no idea how economies work. And unfortunately again the world just doesn't work the way you might want it to.

Cookie_Monster · 26-02-2015 11:12PM

Why are the starving people any more deserving of it OP?

biko · 26-02-2015 11:28PM

We are the woooooorld, we are the childreeeeeeen!
Something something something giviiiiiiing!

Jimminy Mc Fukhead · 26-02-2015 11:29PM

Spend the money on booze and firearms please.
Goddamn pansies, democrats and communists.

darkpagandeath · 27-02-2015 12:00AM

The west gives starving people more than 1 billion a year already.

Nucular Arms · 27-02-2015 10:08AM

We import food into the eu because it's stuff that doesn't easily grow here. Coffee, bananas etc.

Has nothing to do with how much we produce, it's what we chose to consume.

Also, there are more people in the world suffering from obesity than malnutrition at this point.

Valetta · 27-02-2015 10:18AM

Gits_bone wrote: »

Was thinking there printing money (QE) is that a bad thing?

With 3D printing now, could we not just print a load of burgers?

ceegee · 27-02-2015 10:29AM

fungi_forest wrote: »

Its going to cost 1 billion to pay the banks back in Europe?
But why don't they use the 1 billion euro to save the starving people in other countries?, or at very least put some money into permanent water pumps in South Africa, so the people there will at least have some water.

Like, come on. think about it. all this business stuff, all this politics, its like we're going back in time. we humans are monsters. more monstrous than the Dinosaurs, at least we have brains to control our selves, and yet we are so destructive and greedy, only thinking about our selves. even me I'm a worthless human. not everyone is, but a lot of them are, 99% of them are in power.

what will happen in the future? to people?. we think we have it bad in the west, at least we can stay alive, what about all the suffering around the world. and we have to pay back the banks?. what if we all SAY NO, don't pay the banks and come up with one billion euro to save the dying people of starvation and need of water.
and its the least among us that make their way to the top, the ones at the top would be afraid of a tiny Dinosaur.

http://en.m.wikipedia.org/wiki/List_of_countries_by_foreign_aid_received

South Africa alone already receives a billion a year in aid. The problem is what happens to the money when it gets to these countries. War and dictatorships are what cause famines, not a lack of food

Geuze · 27-02-2015 10:35AM

The banking crisis cost 64 billion gross in Ireland, not 1 billion.

Consider that Irl and the UK have at some stages given aid to India, which has many poor people.

At the same time, India have a space program, which plans a mission to Mars.

http://www.isro.gov.in/

We borrow billions each year, to give aid to countries that have massive military forces, and space rockets?

You couldn't make it up.

Their own population should demand that their politicians put their people's welfare first.

Duggy747 · 27-02-2015 10:37AM

We should throw the billion at the space programme, will speed up helping me get off this planet.

Nucular Arms · 27-02-2015 10:38AM

Aid is a massively flawed system anyway. Should probably be scrapped.

bjork · 27-02-2015 10:44AM

bjork · 27-02-2015 10:51AM

Dravokivich · 27-02-2015 10:56AM

fungi_forest wrote: »

But why don't they use the 1 billion euro to save the starving people in other countries?, or at very least put some money into permanent water pumps in South Africa, so the people there will at least have some water.

The same thing will happen with everything that's been invested in Africa. Warlords will fight for control of it.

bnt · 27-02-2015 11:12AM

To me it comes down to a simple question about what kind of country Ireland wants to be. Do you want to be a country that acts responsibly, honours its commitments and pays its way in the world? Or is it a "fair weather friend" who makes all the right noises when it wants something, then bottles out when things get a bit tough?

I'm hearing echoes of "burn the bondholders" in this latest discussion, but it's not the same situation. Investors who bought unsecured bonds were taking on a higher risk of default, and getting a higher interest rate ("bond yield") in return. They're already wearing flameproof clothing, so go ahead and burn them.

The loans from the ECB, on the other hand, were at preferential rates (fractions of a percent), and were backed by other nations. You don't break that kind of commitment, not unless you're happy to become a pariah state, a banana republic with no bananas.

PS regarding immigration: I know Europe and America must appear, to the "starving billions", like lifeboats to people whose ships have sank. The problem with a lifeboat is: if too many people clamber on board, it ceases to be a lifeboat, and then everyone is in the water.

bnt · 27-02-2015 11:23AM

fungi_forest wrote: »

Its going to cost 1 billion to pay the banks back in Europe?
But why don't they use the 1 billion euro to save the starving people in other countries?, or at very least put some money into permanent water pumps in South Africa, so the people there will at least have some water.

Seriously - do you know anything about South Africa? Even after 20+ years of ANC rule, it's still a functioning country with an infrastructure. Urban areas actually get electricity and water, even the rubbish gets taken away regularly. The outlook is definitely not rosy, especially in rural areas (South Africa is bigger than France and Spain combined), but the country as a whole is a long way from needing Ireland to send it some water pumps. :rolleyes:

Dravokivich · 27-02-2015 11:24AM

bnt wrote: »

I'm hearing echoes of "burn the bondholders" in this latest discussion, but it's not the same situation. Investors who bought unsecured bonds were taking on a higher risk of default, and getting a higher interest rate ("bond yield") in return. They're already wearing flameproof clothing, so go ahead and burn them.

Anyone who chants that nowadays is up for shooting themselves in the foot. At this point the Irish State is the bondholder they want to burn.

Nucular Arms · 27-02-2015 11:27AM

BoJack Horseman wrote: »

If that was so, why is so much food imported into the EU & why is there food production at all outside Europe!

bnt wrote: »

Seriously - do you know anything about South Africa? Even after 20+ years of ANC rule, it's still a functioning country with an infrastructure. Urban areas actually get electricity and water, even the rubbish gets taken away regularly. The outlook is definitely not rosy, especially in rural areas (South Africa is bigger than France and Spain combined), but the country as a whole is a long way from needing Ireland to send it some water pumps. :rolleyes:

Indeed, Gauteng province (an area the same size as leinster) where Johannesburg is generates 33% of gdp in South Africa and 10% gdp for the entire african subcontinent.

galwaylad14 · 27-02-2015 11:34AM

I'm going to make a very wild guess here and say there aren't too many economics graduates posting in this thread!

Geuze · 27-02-2015 01:07PM

bnt wrote: »

The loans from the ECB, on the other hand, were at preferential rates (fractions of a percent), and were backed by other nations. You don't break that kind of commitment, not unless you're happy to become a pariah state, a banana republic with no bananas.

Just to clarify - the ECB give loans to banks, not to Govts.

Our Govt borrowed the bailout loans from the IMF and EU, and the interest rate is not fractions of a per cent.

IMF loans are dear at maybe 4 - 7%. The EU loans are cheaper.

BoJack Horseman · 27-02-2015 01:09PM

Geuze wrote: »

Just to clarify - the ECB give loans to banks, not to Govts.

Our Govt borrowed the bailout loans from the IMF and EU, and the interest rate is not fractions of a per cent.

IMF loans are dear at maybe 4 - 7%. The EU loans are cheaper.

Which is why the NTMA prioritised IMF loans for early repayment.

By April/May, they should all be repaid, replaced by new bonds @ around 2%.

Captain Chaos · 27-02-2015 01:15PM

Mr. Incognito wrote: »

There are 8+ Billion people in the world.

If you divided all the food equally everyone would starve.
.

Just under 7 billion actually and there is is enough food for everyone.

In the US alone the famer have to burn millions of tons of crops each year that they over produce and are not allowed to sell under economic rules.

We are capped on how much milk we can produce a year under EU law for example.

It's all supply and demand, the powers that be want more demand. We can over supply if we want.

It's the warlords that control third world countries that is the problem, holding back development and letting the people progress.

give €1 billion to starving people in the world/ NOT the banks!!!!

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