Dear President Trump,
The West totally ignores Africa while the sly Chinese plan to corner strategic materials; metal, rare earths, transportation and communication facilities there. This will, within 15 years, put the West out of the high tech business. Our new high tech weapons of war will fail to function.
Africa is the prize that lack of long term geopolitical economic planning in West will, without any question, result in the move of the economic and political power center of the world irreversibly from Washington to Beijing.
Silicon Valley will no longer be the home of the child Trillionaires because without Chinese and African rare earths, high tech is simply not possible.
You do not perceive the economic risk that hides behind the figures you are so proud of. They all have been skewed over the years to over report economic progress. Maybe giving credit to Obama’s economic platform, built on sand, for the recovery might not be a bad idea.
Our financial leaders are taking us back into the dark ages by policy and Fed Speak that would have the citizens believe that debt can produce sustainable economic prosperity in the west. It cannot.
Our failure to compete in Africa will be the largest mistake the West has ever made as China takes over much of Africa by economic colonialism. The combination is going to give the West a taste of back to basics in an uncomfortable way.
Whatever ideology the leadership in America at that time, it will be put directly into the trash heap of the history of nations that fail to have a plan and work the plan.
James E. Sinclair (An American in Africa) author of “The Strategic Metals and Materials War” plus among 5 other books
“Boom, Visions and Insights for Creating Wealth in the 21st Century.”
Executive Chairman of Tanzanian Exploration. TRX, NYSE)
China’s “Long Term Collateralization Of Loans Strategy & Her Disguised Recolonization Of African Countries Economically
September 11, 2018
By Richard Krah
After Britain had collatarised Chinese aids and guarantees with Hong Kong for 99 years, China has gained more experience than any country on earth on the intricacies of long term collaterisation of assets.
Examples are below:
Philippines this year cancelled all Chinese aids. The president was in Isreal last week for new partnership in arms.
Malaysia canceled Chinese speed train loan contract this year and opted for a costlier Japanese electromagnetic rail. Because all Chinese grants requires collateral with state critical assets.
Singapore bluntly told China we don’t need your 25 years tenure loan at 0.5%.
Greece handed China a national asset last year on default, and European Union took measures to stop any further member country from Chinese loans.