The population of Bogotá, capital of Colombia, is about to pass 8 million.
By Anthony Boynton, Bogotá, Colombia
December 26, 2011 – Links International Journal of Socialist Renewal -- It may not be the mother of all bubbles, but it is a whopper. Colombia’s economy is rising as fast as a hot air balloon, but one that is almost certain to burst. Mining, petroleum, industrial agriculture and construction are all growing at record rates – fueled by a flood tide of investment, much of it foreign investment – directed by the World Bank and its local allies within the government of President Juan Manuel Santos, and made possible by the dispossession of millions of Colombians from the countryside through decades of violence combined with disastrous flooding caused by global warming.
Colombian cities have being growing as fast as any in the world. There are now more than 25 cities with populations of more than 200,000, at least five cities with more than 1 million people, three with more than 2 million; Bogotá the capital is about to pass 8 million.