Tuesday , November 5 2024
Home / Mike Norman Economics / RT – ‘Our investments are fair, Russia & China’s – predatory’: Bolton unveils new US strategy in Africa

RT – ‘Our investments are fair, Russia & China’s – predatory’: Bolton unveils new US strategy in Africa

Summary:
Tom Bolton says that Russia and China are being predatory in Africa by offering bribes. He says they are taking away Africa's independence and financial freedom. He must know he's talking nonsense, and that colonialism, imperialism, and neoliberalism has not brought independence and freedom to Africa.China invests throughout Africa building up its infrastructure, which helps it to gain access into its markets. African countries like it, but the US calls it bribes.Tom is right, WW3 is being fought over Africa's resources. But in capitalism aren't countries supposed to be able sell 'their own' resources on the open market. No, because the West sees the world like a game of monopoly, where its fabulously rich elite can buy up everything in it, using banks that create cheap money of

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Jodi Beggs writes Economists Do It With Models 1970-01-01 00:00:00

John Quiggin writes Monday Message Board

Mike Norman writes 24 per cent annual interest on time deposits: St Petersburg Travel Notes, installment three — Gilbert Doctorow

Lars Pålsson Syll writes Daniel Waldenströms rappakalja om ojämlikheten

Tom Bolton says that Russia and China are being predatory in Africa by offering bribes. He says they are taking away Africa's independence and financial freedom. He must know he's talking nonsense, and that colonialism, imperialism, and neoliberalism has not brought independence and freedom to Africa.

China invests throughout Africa building up its infrastructure, which helps it to gain access into its markets. African countries like it, but the US calls it bribes.

Tom is right, WW3 is being fought over Africa's resources. But in capitalism aren't countries supposed to be able sell 'their own' resources on the open market. No, because the West sees the world like a game of monopoly, where its fabulously rich elite can buy up everything in it, using banks that create cheap money of nothing.

They call this the free market, which they say is fair. They call it property rights. They believe that they earned it because their families had worked hard and made money - out of war, imperalism, looting, corruption, coups, and the slave trade.

The majority of people in the West must be asleep if they believe the lies of Tom Bolton. But no one is interested, no one cares, no one I know, anyway.





America's national security adviser has branded Russia & China's activities in Africa 'predatory practices.' John Bolton was unveiling a new US strategy for the continent, which, he claims, is aimed at the future prosperity of Africa.

******





A Brief History of U.S. Dirty Wars in Central America That Set the Stage for the Refugee Crisis


The world watched in horror as U.S. Border Patrol agents opened fire with tear gas on a group of refugees seeking asylum in the United States. Among the targets of this assault by U.S. forces were women and children, many of whom who fled Honduras. Across the news media, these refugees are simply referred to as “migrants,” or “the caravan.” Rarely do we get any context of why they are risking their lives and the lives of their children to flee Honduras. And part of why we don’t hear the context is because to really tell this story, you need to talk about the U.S. dirty wars in Central America in the 1980s, the impact of neoliberal economic policies, and the catastrophe of climate change caused by the U.S. and other major world powers. You need to know history. And if you know this history, particularly in Honduras, then you know that what we are seeing now is a situation where the U.S. set a house on fire and as the flames have raged, the U.S. is standing against the people trying to flee the fire that Washington set to their home.


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *