9/09/2024

African real debt trap is caused by western institutions and private banks....NOT China

 

 
 
7 min clip exposing the horrendous debt African states owed to western institutions and private banks and charging interest rates at twice what China is charging. The real debt African states owed to China is about 10 to 12% on the average while the rest, 80 to 90%, the bulk of the debt was owed to the West. 

The western institutions and private banks are plunging Africa into huge debt but fabricating lies that China is the cause of the African debt trap. 

White men lie and lie and lie!

This is the sweet and kind White Colonialism in Africa.
 



 

Venezuela - American terrorists rogue behaviour in recognising the loser in election as President

 Only a rogue Empire can behave so badly, refusing to recognise a popularly elected President but the loser as the President. This is a very bad example of what the American terrorists expect the world to accept... its notorious Rules Based Order. In this case, the American terrorists would act and behave against all legal and accepted norms. This is the second time the American terrorists have acted in this shameful and lawless way. 

The previous Guaido was American terrorists chosen President for Venezuela, a loser in the Presidential Election against Maduro.  The American terrorists even allowed the loser Guaido to gain access to Venezuela's deposits in American banks as if he was the President of Venezuela. Washington also supported Guaido in a coup against Maduro but failed as he had very little support from the Venzuelans. This American puppet with little ground support had been dumped by the Americans and had disappeared, probably hiding in some little towns in the USA.

Washington did not stop at Guaido. In the latest election in July, Washington again recognised the loser, Edmundo Gonzalez as President against the will of the people of Venezuela. This is how atrocious and lawless the American terrorists are, in defiance of the whole war, disrespecting all rules and laws, believing in their lawless Rules Based Order. Another coup was planned but nipped in the bud and Gonzalez has fled to Spain.

The world should learn from the lawless American terrorists and recognise the loser in the coming American Election as the President of USA. If Kamala wins, countries of the world should recognise Trump as the POTUS. If Trump wins, then countries of the world should recognise Kamala. This is like putting American Rules Based Order into practice for real.

BRICS can take the lead on this and proclaim the loser in the American Presidential Election as the POTUS. Would that be nice? Surely Putin would love to make the announcement. So would Maduro.

Africa is the next China! The choice is obvious

 The choice for Africa is obvious, despite the accusation of debt traps.

A fair exchange of aid for resources, with infrastructures to show, is better than getting little aid, with exploitation of resources and no infrastructures to show.

Africa has its right to progress. Just for being poor and therefore denied opportunities to progress does not mean aid should not be extended. Even if it is unsustainable, as propagandized, China did what is necessary. After all, lifting people out of poverty is what China does best, with more than 850 million of its own citizens now lifted out of poverty, it is already a glowing testimonial that cannot be denied. China is now extending that poverty eradication globally. Not in rich USA and Europe by the way, LOL.

Anonymous 

PS. In maany ways Africa is like China, a huge land mass, more than 1 billion population, an agrarian economy, lacking in infrastructure. And a people with little education, unskilled workers, lack of technical expertise and skilled labour, and lack of funds. 

This was how China started in 1949 and the modernisation expedited after 1978 to what it is today. China has the perfect blue print for Africa. Caveat, China was one country and one system.

Global South choosing to be with China

 Not just Africa choosing China. South American countries, with some exceptions like Argentina, are choosing China as well. Same as the Middle East countries. Same as the Central Asian countries like Afghanistan, Pakistan, Kazakhstan and a few others. They have eyes and can see clearly the winds of change blowing across the world.

With all the rhetoric about climate change in their narratives, the USA and the West are targeting Chinese EVs. This runs counter to their narrative of supporting renewable energy stance and departing from fossil fuel that is contributing to climate change. It is all hypocrisy and nothing more. 

Forget about the claims of subsidies by the Chinese Government for Chinese EV makers. It is no more than the same modus operandi employed by the USA Government in their Inflation Reductions Act and Chips Alliances, which are all linked to massive subsidies thrown in to lure manufacturers to set up shop in the USA. The subsidies the USA Government throws at them puts the Chinese subsidies in the shade.

 So, it is a moot point to argue about unfair trade practices which the USA Government employed itself and blaming the Chinese Government for doing the same. Chinese EV manufacturers are able to compete so well because of the availability of cheap energy and well-oiled supply chains that they could leveraged on, plus cheaper labor cost, which the USA will spin as 'slave labor' if they have no other grounds to argue against. 

Anonymous

Killing is in the blood of the Anglo Saxon tribe... North America, Canada, Australia, New Zealand, Korea, Vietnam, Iraq, Afghanistan, Libya now Gaza and Ukraine etc etc

 Killing is in their blood is already evident in the genocides committed in North America, Australia and some Pacific Islands.

Their hands are also stained with blood by starting an illegal war in Iraq based on fabricated evidence. How many innocent women and children were killed? 500,000 children being sacrificed was touted to be worth it. It is now stained with blood in Gaza. More than 40,000 is still worth it right? How many more tens of thousands is still going to be worth it?

With all the blood on their hands, how much further are they prepared to go in Lebanon against Hezbollah. After that there is Yemen and the Houthis to add on. With Iran firmly in their sights and demonizing building up, more blood is going to be on their dirty hands.

There is now the spinning of the narrative about Iran supplying arms to Russia, which will allow them to include Iran in their calculations. They have to invent the narrative to fit the crime, and they are going about it.

And as we get closer to November, they are trying to tell the world that Russia, China and Iran are interfering in the elections. Four years of chasing after a Russian wild goose interfering in the 2016 elections yielded nothing convincing, just hot air and wasted millions.

Anonymous