8/16/2023

Africa is resource rich and does not need to go begging for charity

 Africa is a huge continent and blessed with abundant natural resources. Why then is Africa so poor and has to go around begging for charity, for aids, for infrastructure to be built for free? Or worse, to beg western countries, IMF and World Bank for loans at high interest rates with strings attached to tie them for good, to be poor for centuries? Has Africa learn anything after being looted and deprived of development for ages while depending on western so called aids and loans? Why are these aids and loans not turning Africa into more developed states, economically viable nation states? Why are the western countries, with the natural resources of Africa, getting richer and richer, but Africa getting poorer and poorer despite all the natural resources...loaded to taken to western countries?

The centuries of colonialism, a 4 letter word, have impoverished Africa till today, taking all the resources for free and moving them to Europe and America, and still with many African heads of states and even the population blindly allowing themselves to be controlled by the West and still grateful to the West, and still believing in their lies that China and Russia are the enemies of Africa and the West are the good guys, the caregivers and protectors of Africa and Africans. Fortunately, the Africans have removed their blinkers and know who have been robbing them and making them poor and keeping them poor with so called aids and loans.

For centuries, the West have monopolised and controlled the trade of natural resources in Africa. They were the sole buyers and dictate the prices of the raw materials. If the West refused to buy from African states, the raw material and resources would be laid to waste, like dirt. No takers and no buyers. And the Africans have to beg the West to buy their natural resources at dirt low prices. It is all about supply and demand after the end of free goodies with the end of colonialism. Still, the West determine the demand and the Africans did not have any option.

The picture has changed. China is now a big buyer, not a colonial master. China is in Africa to buy African resources and produce at a mutually agreed price, as an alternative buyer to the West. The West has to compete to buy the resources and material. The law of supply and demand comes into play and a more decent price can be negotiated on an equal terms, with seller and buyer making the best of the deal.

The nationalist leaders of Africa have been thumping their chests that they are not beggars. This is true and real. But they must be practical businessmen, to put up their resources to sell to the highest bidders. All the natural resources of Africa are money, if they can find the buyers. There is thus no need to beg for freebies. This leads to the next narrative, Africa has pride and would not want to beg or need to beg. The simple solution, convert the natural resources to money. 

The whole African continent is money. The Africans must be smart to manage and to trade or exchange their resources for money for the good of their countries and people. Do not go begging for alms or for freebies and not to return anything in kind. Nobody owes Africa a living. Be proud, barter trade is honest trade. Trading natural resources for money or infrastructure is fair game, fair trading practices, not the same as looting under the colonial masters. Africa can afford to pay for all the infrastructure with African money, ie natural resources. Do not be conned by the West that China is stealing African resources. China is buying African resources with tangible assets, infrastructure or just money. The ones that stole from Africa were the colonial masters. They stole everything without paying a single cent. The Africans must be clear in what is fair trade and what is robbery by the West.

The West is spreading the lie that African leaders are stupid and cannot negotiate fair trade deals with China and China is stealing natural resources from Africa. Is this true? Ask the West how much they have stolen from Africa over the centuries during colonial conquest and rules? Ask the West to repay their debt to Africa, to return the loot they plundered from Africa. China does not take anything from Africa for free. China is not a colonial master in Africa cheating and stealing from Africa. The African leaders would not allow it. The world would not allow it. Colonialism is not China's cup of tea. It is free trade and free exchange.

The West can keep on telling their white men's lies. The Africans are smart enough to know the truth. All the raw material and natural resources are money, the wealth of Africa. Trade and use them wisely to benefit the people of Africa. It is not a shame to sell natural resources. They are money if there are buyers, but dirt if no buyers. Australia is selling millions of tonnes of its iron ore, coal, oil etc etc to China. Why is is wrong for Africa to sell its resources to China? The West would want Africa to keep all its natural resources in Africa, as dirt, not to be converted to money. Maybe they would return to take them for free under Neo Colonialism.


10 comments:

Anonymous said...

In other words printing all that fiat money isn't going to Africa to buy those resources anymore. China and Russia are replacing them and the Anglo Saxon Whites are desperately trying to stage a return to colonialise the continent. What happens in Niger and the stance of the USA and France comes to mind.

Too bad the Africans have already seen the benefits of dealing with China and Russia, and they have certainly not forgotten the earlier help that China and Russia gave them to fight colonialism over the decades, unlike some ingrates in Asia. Moreover, those airports, ports, reservoirs, railway lines, roads and joint ventures of mutual benefit have opened the eyes of the Africans and make them realise who they can bet on.

Many African countries already took US$ loans from China, from China's trade surpluses, for development, in return for China being given the rights to extract and share the benefits of Africa's resources with the Africans, with the loans repayable in Yuan. It is no longer one sided daylight theft of Africa's resources by the Anglo Saxon White clique, with nothing to show for all those years of colonial rule and plunder.

In return for getting those resources almost free or on the cheap, the Whites have resorted to enslaving them with IMF or World Bank loans, thereby keeping them suppressed, even creating conflicts to keep them perennially impoverished, and instigating internal unrest to prevent them from rising out of poverty. They also funded opposition forces to create unrest to destablise legitimate Governments, who do not follow their dictates, and supported
Dictators who tow their line and follow their agenda, to allow them to steal their resources, giving huge kickbacks to benefit those Dictators of course.

Latin America is exploring a common currency. BRICS is also exploring a common currency for members to conduct trade within the common region, just like the EU, outside the US$. African countries are still not that united, with Dictators still not on board for such an arrangement, but should do the same when the time comes. Outside of BRICS, China, Russia and Iran among others are already doing major deals in their own currencies, and ditching the US$. Saudi Arabia holds the key, and if it joins the BRICS and sells oil to China in Yuan, it will be the last nail in the coffin for the US$ hegemony. That is why the USA is desperately trying to coerce Saudi Arabia with concessions to sabotage the move.

Virgo49 said...

Morning All

Now the most opportune time for ALL Africans to united as ONE and get rid of their Western Puppets that are been bribed and installed by their Imperialists Masters.

They should as ONE AFRICA united instead of disuniting and fall into the traps and manipulations of the Western Barbarians who still sponged them.

Get all their Puppet Leaders and straightway firing squads them.

Have the Anglo Saxons, the Euro Nuts and their lackeys and cronies without all their daylight robberies of their resources been damned to their DEATHS.

They had enjoyed enough too much of their luxurious lifes.

Let them for a change be shipped to Africa and been chained and canned by the Africans in their fields by having them like buffaloes pulling the troughs.

Also let the Africans TuaKees for a change screwed their Whites FE-MOUSEs with big melons.

It's time for a change.

Leftovers can passed to the North Koreans and the PRCs.

Also Sinkieland got ones.

Cheers

Anonymous said...

Virgo the blanks in usa already screwing the white girls with big nelons in usa as the white girls actually prefer the black tuakee

Anonymous said...

Virgo wah u quite violen leh

Virgo49 said...

Learnt from the Barbarians Whites.

They and their BS Human Right and Demo Crazy where they're the most Abusive Scoundrels.

This is the only way to rid of these Parasites and Puppets.

Even Asia also have many of them as the Whites Puppets and Dogs.

Virgo49 said...

Just to add this is MILD as what's the Whites been murdering and killing all the Coloured Peoples.

How many millions died in their Hands?

Now Heavens Retributions even Haiwaii burnt.

Dotard Trump's BS slandering of Climate Change.

More Whites died safer for the World.

Anonymous said...

Virgo I think most died that are local not white people leh

Anonymous said...

Saudi already selling oil in Yuan to China. Now waiting to announce selling in other currencies.

Virgo49 said...

Whatever, they are still Americunts.

Follow the Africans asked them to get OUT!

Bidamn just boh hew don't even consol them.

Virgo49 said...

https://youtu.be/n7krtsYqKT4

Bidamn does NOT care for the Americunts.