Our global financial fever will hurt millions of people in the US. This financial fever will change, and in some cases may ruin, their lives for the years or forever. But very few will die from this financial fever except for a few isolated cases of suicide.
Even with a government bailout, thousands will be added to the rolls of house-less people in the United States. But most people will be forced to move to smaller and less expensive houses. And many will lose their houses forever. In the end, a few may become homeless.
Our financial fever has spread to other developed and rich nations like the United Kingdom and Germany. These countries are taking actions to protect their citizens. It will continue to spread to other countries, too.
BUT our global financial fever will kill millions in developing countries like the Congo. For billions of people living around the world, our global financial fever will rollback any development efforts in progress. The world will focus on relieving our financial fever and may forgot about HIV/AIDS, Malaria, Starvation, Basic Health Care and Clean Water.
That's the difference between poverty and extreme poverty. Extreme Poverty Kills!
Remember the billions of people living in extreme poverty as you hear or watch the news about our financial fever BECAUSE THOUSANDS WILL CONTINUE TO DIE EACH DAY!
By Pascal Fletcher
DAKAR, Oct 14 (Reuters) - Diery Gueye doesn't have a bank account, a car or a house of his own, let alone a mortgage.
He hasn't heard of the global financial crisis that has sent markets tumbling and forced governments in the rich developed world to divvy up hundreds of billions of dollars to bail out collapsed banks and try to calm anguished homeowners and savers.
The only crisis he knows of is surviving day by day in his native Senegal, where the 45-year-old labourer barely earns enough to feed his wife and three kids and rent a room.
"It's tough ... sometimes I don't have work for two or three months," he says, speaking in the local Wolof language.
Welcome to Main Street Africa -- sprawling cities of dusty pavements, armies of poor and unemployed, chaotic traffic and bustling markets -- a world away from Europe or the United States in levels of individual wealth and of expectations.
In Senegal and across the world's poorest continent, millions in overcrowded cities and the remote bush eke out an existence on one or two dollars a day. Death, hunger and disease are the daily lot of many, especially in conflict zones like Darfur, Somalia, eastern Chad and Democratic Republic of Congo.
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