Heading for the Rocks - The Economist Intelligence Unit

The Economist
"Worst-case scenario—10%
Our worst-case scenario, based on a much deeper and more pronounced global
slowdown, would clearly work against Africa. A prolonged recession in the US,
particularly Asia and EU, compounded with weak global trade, would deepen
the region's economic downturn. A number of African states would be forced
to resume the structural adjustment programmes designed by international
financial institutions such as the World Bank and the IMF—particularly those
undergoing severe fiscal and current-account crunches or exchange-rate crises as
a result of falling export receipts brought about by extremely low commodity
prices.
The downward trend in the region's stock of external debt, which has been
apparent since 2005, would be quickly reversed as many countries were forced
to embark on a new round of borrowing to cover their shortfalls. African
stockmarkets and foreign investment would also struggle, reflecting the
deepening problems in other emerging markets around the world. This would
not only hit the region's growth and efforts to reduce poverty, but any serious
or sustained downturn in the global economy would once again make Africa
appear more peripheral.
Our and your is not my language and of course THE ECONOMIST is perfect to pentrate, peruse the globe with views wich are popular around the globe..
If I were a journalist i wiill expose the criminal hypocracy. and fortunately i am not a journalist.