The Money Wire

Why Old Ships, Cars, and Clothes Are Piling Up in Developing Countries


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The source provides an extensive overview of how the Global South has become the world's primary dumping ground for obsolete goods from wealthier nations, driven by economic incentives and weak international regulation. The episode systematically examines three major waste streams: the shipbreaking phenomenon in South Asia, where vessels are dismantled under hazardous conditions; the export of high-mileage used cars to West Africa, which exacerbates pollution; and the flood of unsellable fast fashion overwhelming textile markets. Ultimately, the analysis argues that this accumulation is a deliberate outcome of global economic inequality, imposing severe environmental and health costs on recipient countries while skirting the Extended Producer Responsibility (EPR) of manufacturers in the Global North.

“The Money Wire delivers sharp insights, breaking trends, and expert takes on business, finance, and the global economy—straight to your ears.”
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The Money WireBy Adidas Wilson


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