Re: The govt. is broke
The world bank structural adjustment programmes (S.A.P.) in the 80’s brought economies of many developing countries around the globe virtually to their knees.
These include the selling of state owned assets and privatising essential social services, and contracting out of government services to reduce the public sector and increase competition on a level field with that of the private sector...blah blah blah.
Milton Friedman was a global criminal economist to all developing countries, when he managed to convince the influential globalists to unleash neoliberal economic policies and instead of lifting poverty, many poor countries became even more poorer from indebtedness.
The previous punter cited NZ’s Rogernomics and the inherent of Friedman’s neoliberal bs, only to lose track of it being the beginning of the NZ’s reliance on indebtedness to respond to the utter failures of the previous govt; specifically the Muldoon’s think big projects. This indebtedness still had its rippling negative effects on the millions of struggling families in Aotearoa of today.
Overseas private and public remittance used to comprise around 40% of Samoa’s revenue in the 70’s, 80’s, and the 90’s.....the production was never there.....!!!!
Samoa used to rely on her agricultural crops, long term investments on the land and sea may just pay in the long run!
Self sufficiency and subsistence living would be far more beneficial to Samoa, especially when the global powers go head to head against each other in the very near future.
Global warring would be the only distraction the wealthy elite would have to resort to for their government’s not to impose taxation on their humongous wealth and regulate their money making machines, and keeping the mounting frustration and anger of the majority of the population that makes up the struggling poor working class to look the other way...the alternative, well,,,,the French revolution dejavu.
But the global devastation may not have so much impact on an isolated island in the middle of the Pacific, so yes, self sufficiency from subsistence development just may be the answer in future.
As Bishop tutu stated on the BBC: “When the white man came to Africa, they owned the Bible and we owned the land.....they said, ‘let us pray!’ and we closed our eyes....when we opened our eyes, they owned the land, we owned the Bible.’