newfie
Well-Known Member
he's trying to get inflation jacked up again before trump takes office.
šØš³ CHINA CLAPS BACK: NO MINERALS FOR YOU, U.S.!
- Thread starter Over70irregs
- Start date
newfie
Well-Known Member
protecting the US dollar
Over70irregs
Well-Known Member
Stalling the US Dollar
Over70irregs
Well-Known Member
We failed in Africa. I had a past post addressing this.
He threatened Brazil? South Africa?
newfie
Well-Known Member
not sure what you're referring to now. the threat you mentioned earlier was made to protect the us currency. stay focused long enough to finish a conversation
newfie
Well-Known Member
we have no reason to succeed or fail in africa.
we just gave away a billion dollars to africa that we will borrow and give.
Over70irregs
Well-Known Member
Africa is the past present and future leader in the world. It has a coming populace that will beat everyone. It has ALL resources and sq miles of land per person. Itās āresource mathematicsā. China and Russia know this.
(MATH)
LMAO.
Over70irregs
Well-Known Member
ā¢Africa: 4.3 children per woman
ā¢ Middle East: 2.8
ā¢ USA: 1.7
ā¢ EU average: 1.5
African leaders the resource-rich continent of more than 1.4 billion people had been āleft behind for much too long.ā
"But not anymore," Biden added. āAfrica is the future.ā
Lol
DriveInDriveOut
Inordinately Right
Africa is going to lead the world.... in AIDS, genocide, slavery, and poverty. More people isn't going to help it's going to make it worse.
You could dump a trillion dollars into that continent and it would still be trash.
Over70irregs
Well-Known Member
Interesting. But history says it was colonized and divided and now everyone is coming back home. It needs just two things. 1. United rail. 2. Multiple mini nuclear stations similar to what google amazon meta data centers are getting.
DriveInDriveOut
Inordinately Right
I wish.
Over70irregs
Well-Known Member
You donāt realize itās divided for a reason? If jt woke up it would be trouble for ALL of us.
DriveInDriveOut
Inordinately Right
Couldn't make the link work but there's a YouTube video called "How Africa's Geography Traps it in Endless Poverty." Before you put all your eggs in that basket you might want to take a look.
China is in Africa big time building infrastructure in exchange for getting at all those resources. You're right that Africa has a lot of oil, minerals, etc, but their leadership tends to keep the lion's share for themselves. When the U.S. used to give millions to Africa their leaders became some of the wealthiest people in the world. Kept all that money for themselves. Was common for them to jet to Europe to shop and send their kids to school. Until the corruption problem is solved Africa doesn't have much hope.
Over70irregs
Well-Known Member
Check when Africa was divided up. Bad government and institutions drive poverty. Look at our prisons and homelessness. God gave us a mandate to subdue the land. Genesis 1:28. We can live in deserts and arctic. Bad $, racism slavers and theft are causes poverty in Africa. Research Occams Razor. This picture tells the Alpha of this continents problem.
Institutions as the Fundamental Cause of Long-Run Growth
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.
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Not talking about Colonial times. Until you solve the corruption problem in Africa they don't stand a chance. Pockets of prosperity where the upper class lives. That's it.Check when Africa was divided up. Bad government and institutions drive poverty. Look at our prisons and homelessness. God gave us a mandate to subdue the land. Genesis 1:28. We can live in deserts and arctic. Bad $, racism slavers and theft are causes poverty in Africa. Research Occams Razor. This picture tells the Alpha of this continents problem.
View attachment 504023Institutions as the Fundamental Cause of Long-Run Growth
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.www.nber.org
Over70irregs
Well-Known Member
They have dirty loans meat to keep them impoverished.
āThe US, when they borrow money, they are getting it at 1.5, 1.9[%] interest rate. Africans, when they get the same amount of money, they are paying 9, 10%. The people who don't need a break, they get a break, the ones who need a break, they don't get a breakā.
People get charged according to risk. And that's old info. Americans are paying much more for loans now. And you're talking about a very small group in Africa who even qualify for loans.
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