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The Allies and their erstwhile enemy, Germany, later grouped together
with Japan to form the G7 and this group became the most prosperous
bloc of countries in the world. The G7 incidentally was also a group
of former colonial powers who were not unknown for their harsh, iron-
fisted rule meted out to a lot of weak, sedentary countries around the
world. The G7 the world monster looted, wreaked havoc, murdered and
altered societies that could not offer resistance to their military
might. As a result of these actions, many of the former colonies are
still suffering from the after effects of occupation by the G7.
Today, many of the former colonies are still deeply mired in poverty,
social unrest, civil wars and totally lacking the financial ability to
overcome hunger and disease. Added to their woes, the present world
financial meltdown which was caused by the urge to make maximum profit
in the least possible time has ensured that what liitle worth they had
previously was now worthed even less.
The G7 should also promote barter trade with these countries since many
of them do not have enough foreign exchange to conduct extensive imports
from rich countries. The IMF should do its part in this regard.