With the march of imperialism/capitalism in India, the problems are unraveling as fast as the social protections are removed for “free markets.”
 
These stories will increase as “micro-financiers” or US-backed mini-loans are increased to the 3rd World, an effort backed by Bill Gates.
 
These types of mini-loans are also starting to increase in the Philippines (backed by US Banks who stand to make a killing) and are soon becoming all the rage in the global banking industry to boost dwindling profits….
 
Ironically, it was developed by a Bangladeshi Nobel Peace Prize winner in 2006.  Now, that very area is starting to feel the impact of imperialist loans…   
Advertisements