Today I had to stay home with my son. I did get a lot done but I was unable to post to this blog. This is the one that should have been posted this morning.
The Central African Republic is listed as having 62.55 of its population living on a buck twenty five or less. While this is likely to be close, it is impossible to truly get an accurate measurement. The reason for this is that much of the economy is done on the black market. For instance Diamonds make up 40-55% of its export revenue but between 30-50% of the diamonds mined in the Central African Republic are sold on the black market and smuggled out of the country illegally.
But while the real GDP of the country is likely much better, most of that money will probably not be given to those working on subsistence farms raising cassava, the main food stuff of the country. Ever since its independence from France, the Central African Republic has followed a course similar to those of its neighbors filled with coup d'etat's and dictators proclaiming themselves "President for Life".
Recently steps to legitimize the government process through elections has been hampered and postponed. How soon can this country return to the path of a legitimate national government cannot be guessed. Until it does, it is likely that the main resources of the nation will continue to be diverted to the pockets of warlords and power hungry regimes.
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