2023-06-20
Ex-colonies (some might think still "soft power" colonies) in Africa and elsewhere now have a choice of financiers who will help them exploit their minerals for their own benefit. Also by forming regional partnerships with their like-minded neighbours, they can move away from dependence on western currencies for trade. Change is afoot.
Are they jumping from the frying pan into the fire? Or will the future bring real improvements? Time will tell, but maybe the Africans will get a better deal and the West may or may not. After all, peaceful cooperation is inherently better than strife in almost all respects.
(8 minutes + message from the sponsor - this is not financial advice)
