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18th May Paris summit … Macron’s plan to (…) exploit its former colonies — Fadhel Kaboub

Summary:
It is very clear that France continues to subject its former colonies to a relationship of economic dependence via an extractive model that was enshrined during the colonial period and further strengthened in the postcolonial era. The engine of neocolonial extraction has been halted by the COVID19 pandemic, and Mr. Macron wants to make sure that the engine is reignited rather than replaced by a new engine of resilience and economic and monetary sovereignty. EcoBusiness18th May Paris summit ... Macron's plan to (...) exploit its former coloniesFadhel Kaboub | Associate Professor of Economics, Denison University (Ohio) and President, Global Institute for Sustainable Prosperity

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It is very clear that France continues to subject its former colonies to a relationship of economic dependence via an extractive model that was enshrined during the colonial period and further strengthened in the postcolonial era. The engine of neocolonial extraction has been halted by the COVID19 pandemic, and Mr. Macron wants to make sure that the engine is reignited rather than replaced by a new engine of resilience and economic and monetary sovereignty.
EcoBusiness
18th May Paris summit ... Macron's plan to (...) exploit its former colonies
Fadhel Kaboub | Associate Professor of Economics, Denison University (Ohio) and President, Global Institute for Sustainable Prosperity
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.

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