Will Slower Economy Open Closed Markets?

I personally doubt very seriously that the world wide economic slow down will have much at all of an impact on the economic events in third world countries. My reasoning for this is that they are already short of cash and depend upon gifts and low interest loans from wealthier nations and the world bank. While the monetary gifts may slow down and or be reduced, the low interest loans will continue.

Engineering and consulting firms that are willing to accept less for what they do, from the First World Nations may be able to find work in said third world nations, but that remains to be seen. Manufacturing of specific needed materials that only the more affluent nations can provide may find its way to the lesser wealthy nations if the Mfg.s are willing to compete for the little money available.

In short those who have little, are less impacted by economic issues, as long as they have food and shelter. The pleasures of life that we in the First World come to expect as "needed" for survival, such as cell phones and computers , cars and trucks, Three square meals every day, residential phone service and television, in home laundry equipment, and lets not for get the electrical energy to power all of this stuff, are all the kinds of things that the masses of the Third World Populations only dream about.

These folks are fairly self sufficient and seem to live where they can survive. Can the responders to this blog imagine having to milk their own goats, plant, cultivate and harvest most of their own food and then can it to preserve it for later consumption. No doubt we have some folks who have successfully returned to their parents or more likely "grand parents roots, but that is not reflected through out the masses. It makes me smile to think about the millions of folks who live near the oceans and the gulf of Mexico, out on the water in their little boats with their cast nets trying to catch a pail full of bait sized fishes to feed their families, every day. The volume of boats would be so great that your net would likely never hit the water.

The Third World folks only need us to improve their minimum life stiles. We need them to purchase all of the kinds of equipment mentioned in an above paragraph. However they need not do that until we help provide them with the energy to power it.

They will, one day, show that, by having the " E. Grid" in their nations under one authority, that they can grow through out their nations instead of only in localized areas. They will not be faced with the Emron's, local Monopolies, and morons like we have in this nation.

TMF