Positive
Only logged in members can reply and interact with the post.
Join SimilarWorlds for FREE »

Fraud isn't African

Fraud is global.
Africa is just the easy target.
When fraud happens in the West, it’s “a loophole.”
When it happens in Africa, it’s “corruption.”
Same crime. Different PR team.
Enron.
2008 financial collapse.
Panama Papers.
FTX.
Not African.
Africa isn’t the motherland of fraud—
it’s the scapegoat in a system that refuses to look in the mirror.
Fraud isn’t African.
It’s human
This page is a permanent link to the reply below and its nested replies. See all post replies »
helenS · 36-40, F
Here's a corruption level world map (green: low corruption level, ochre to red: high level). Source: https://www.worlddata.info/corruption.php


What you can clearly see is that the much-maligned "West" features the lowest levels. Japan is low-level too, and Africa doesn't really look good.
KatyO83 · 41-45, F
@helenS that's a corruption perception index. Since you can't really measure directly something hidden. So one counter argument is that the green countries simply have a better hidden system of corruption and public perception of it is better manged by a more sophisticated media.
helenS · 36-40, F
@KatyO83 They are better liars... 😏
@helenS Well, I certainly can't speak for outside the US, but there is a hell lot of corruption in the US, so I'm a shocked that they're in the green here.
OluwoleFemiJacob · 26-30, M
@sstronaut glad you are telling her this
@OluwoleFemiJacob Based on her reply of
They are better liars... 😏
Which I believe is sarcastic...

I think she already knew it.
I was just expressing my surprise.

Though maybe it has local regions correct compared to each others, such as I THINK (I don't know, just think) that Canada has less corruption than the US, and the US has less than Mexico.

But I'm a lot less sure about the comparison of different continents or larger regions to each other.

I also think they're being inconsistent in counting corruption when the corruption is based on the government. Where in some countries I think they're fully counting it, and in other countries, they're ignoring it.

Like Saudi Arabia, if you piss off the head prince, he can just come and fully take everything you own, just because you pissed him off.... and yet they're green? Seems like they're ignoring that and just saying that's legal there... where in some other countries we might be counting that against the country.