The Right Perspective

“All this money has been poured into development in Africa, and we see nothing for it.”
This is the Great Development Lie.
It is a nonsense to suggest that lots of money has been spent on African development.
Compared to what?
Compared to the money I spend on my hobbies? Yes.
Compared to what the world spends on everything else? No way.
Total Australian aid, government and private donations, to Rwanda relief might total $20 million.
This is equivalent to 2½ seconds turnover in Australian dollars during last Friday’s trading on the Foreign Exchange Market.