Tuesday, April 14, 2009
Pirates, Pirates, Pirates...
The recent hostage situation involving Somali pirates taking over an American ship was tragic but the result of a larger problem. Analysts are commenting that we are having a piracy problem but really it is the lack of other economic opportunities in Somalia that has lead to a piracy problem. Somalia is a failed state with one of the lowest GDPs in the world. Unless the global community can spur economic develop in the area, piracy will likely continue.
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