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chris brook

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Central Banks of the G8 countries should set up algorithms to spin off money to aid developing countries.

The rich countries can't afford states to fail. Therefore they have to do something.
Taxing financial transactions could provide funding. Algorithms could be programmed to do the rest. Where there is a will there is a way !
It would be win-win!

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    Jun 21 2013: The "rich countries" are already giving a lot of donations to the "3rd world." The main problem seems to be not the amount of money given, but what happens to it after it gets there. Corruption makes it useless to give financial aid to many states.

    Many "poor" countries are rich in resources, but governments are often spending the budget on acquiring weapons and providing the leaders with a luxurious lifestyle. India and Pakistan have thousands of villages that do not have a drinking water system, while the states are developing atom bombs and rockets to destroy their neighbors. It's immoral to give money to states like that. Their solution lies largely within the country itself.

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