Archive for August 15th, 2012
Wall Street’s Frightening and Predatory Land Grab in Africa
Posted by Color Lines: http://colorlines.com/assets_c/2012/08/wall_street_africa2-thumb-640xauto-6577.j on August 15th, 2012
Color Lines: Wall Street is at again.
The nation`s financial sector is on a crusade to dominate an irreplaceable African resource that the world increasingly needs: massive tracts of open land available for large scale industrial farming. The pace of land purchases is flying so furiously that it is now commonly referred to as "a land grab."
It`s the latest phase in Wall Street`s never-ending quest for profits at-any-cost, but this time the focus of finance`s predatory gaze is the world`s poorest region....