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oh noooo, not you too Akon
$1 billion loan from China ain't free
Official Umar Johnson Thread
- Thread in 'General' Thread starter Started by DCAllAfrican,
- Start date
$1 billion loan from China ain't free
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and most of them are still paying predatory loans by the IMF and to their former colonizers. Throw in there white supremacy and sino-supremacy our people would still do business with them because they simple think they are inferior to this day.
Its just sad all around
Its just sad all around
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of course not, but I didnt really know the extent of what Akon was doing. I guess it was just too good to be true.
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None of the details have been officially released but there are a few sites online that shed some light on it all:
http://financialjuneteenth.com/akon-chinese-investors/
According to CongoForum.com, some of these agreements with the Chinese can lead to far more employment for Chinese citizens than Africans.
More than 95% of all China’s programs in Africa have a clause that stipulates one breathtaking agreement: all infrastructure-related programs are required to have 70% Chinese contracted personnel. Only 30% of the people hired in these infrastructure programs are Africans. Last time I checked, equality means 50-50, not 70-30. Moreover, while the African governments choose where the infrastructure is needed, they have to pay back the money in natural resources, and are practically forced to give employment to thousands of Chinese instead of Africans.
The article also makes disturbing allegations of exploitation of African citizens as the Chinese move into markets and change the living conditions of people who are already there.
They are building roads designed to help them take minerals out of Africa; Chinese are getting privileged, under-market prices for the commodities they are shipping out from Africa (oil, timber, coal, copper, coltan, etc.); they are creating segregated neighborhoods for Chinese people only: Chinatowns have sprung up throughout the continent just like the Apartheid era white farms; they are paying Africans very low salaries and often fire them when they try to object to working conditions (see the cases registered in Zambia, South Africa and Angola). All this considered, we still haven’t gotten to the “new” colonialism. All the above are replicas of the policies used by the white racists 50 years ago.
I also remember hearing about Chinese companies/people buying property in Detroit
Sonny Corinthos
formerly joeclear
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Black run governments don't get support , look at Haiti for example . Trade partners always want to pimp them
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Exactly, China was boutta run a debt train thru kenya but their pres axed the deal last minute thank god
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as a Haitian this is what it is. and thats when opportunists take political power under the guise of helping the country but just end up making themselves rich by pimping out their resources to other countries. The former president of Haiti, Jean-Bertrand Aristide, is worth $800 million. Thats completely unfathomable to me.
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same **** is Jamaica, they built a new highway that everyone is celebrating, but the caveat is that CHINA NOW OWNS ANY LAND THE HIGHWAY TOUCHES.
They were smart too because they were building them near the beach and shore, so they can develop them as they please.
BLACK PEOPLE WE ARE DOOMED
They were smart too because they were building them near the beach and shore, so they can develop them as they please.
BLACK PEOPLE WE ARE DOOMED
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Not doomed, just not at the goal line yet. i think forward thinking black people put so much emphasis on the future of "having their own" theres little to no emphasis on learning how to master the systems everyone else is using to get to the top. thats why although i am in favor of black people coming together and creating a Wakanda, Im also in favor of black people learning how to thrive exactly where they are. Learn how to use civics to impact yours, your family's, and your neighborhood's personal economies in a way that serves you. that way when we do have our own, we'll know how to sustain it and make it grow so we dont have to rely on the China's of the world.
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Jamaica made poor deals with Bauxite, which was their main export. There next biggest Cash cow, tourism, they tryna alley oop to China? Too much greed and selfishness man
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cool. when you say come together and create a Wakanda? Im curious
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self sustaining and thriving black community. whether it be in Africa or otherwise.
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bump
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Africa is the only place that it could work, but we have an actual claim to that land.
Unlike anywhere in the Americas (Natives) or Europe (white)
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If they were truly bonded together, there is nothing (outside of training) that members of the African Union should have to use to countries outside of the continent for. Africa literally contains all forms of wealth in the world. There is no reason for her people to be hungry.
Yes, I understand the job that colonialism, IMF and let’s be honest, slavery did on the people. But I also acknowledge that current and past “Big Men” who only look to fill their coffers are a giant problem.
In reference to the repatriation of South African lands, I would be a lot less cynical if they had bothered to teach people how to farm or had a plan in place to give lands to actual individual citizens. Besides, if they were really ‘bout it, they would be knocking on De Beers mine.
Yes, I understand the job that colonialism, IMF and let’s be honest, slavery did on the people. But I also acknowledge that current and past “Big Men” who only look to fill their coffers are a giant problem.
In reference to the repatriation of South African lands, I would be a lot less cynical if they had bothered to teach people how to farm or had a plan in place to give lands to actual individual citizens. Besides, if they were really ‘bout it, they would be knocking on De Beers mine.
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I think Africa is the place it would work the best for sure, and I think it could be the center for black culture globally but I also believe that black people are fully capable of creating black enclaves in the states as well. But it would require black dollars circulating within the community, Black owned banks with the ability and discretion to lend money to black business with favorable terms, black civics leaders in all levels of local government, as well as a black population that’s civically engaged. A lot of these things already exist through out the United States, but not unified into a system that can be replicated. I think we aren’t too far away from
It though. These next 10+ years we’re gonna see the rise of a lot of black educated, civically engaged generation that I believe is gonna lay the ground work for it.
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LOVE IT
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And once that system can be replicated, nothing is stopping us from doing the same thing in Africa and the Caribbean. It’ll obviously take some infrastructure and planning to get $$$$ flowing into Africa instead of out but with how educated this new generation is coming, we’ll figure it out.
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Any particular country/city in Africa that you may have in mind?
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I would say Ghana for us, since they are very welcoming of blacks from the Americas and they have a strong sense of blackness without the interference of religion (unlike Nigeria), plus they speak English
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Any where that’s got some established or developing infrastructure I’d think. Like Lagos or Abidjan or Gaborone.
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I'm gonna do some slight research on good landing spots. I know we often point to Africa as the foundation but Africa being an enormous continent the question "But where?" is where our focus has to be next.
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Personally I think the “where” should be big a city with an already established economic infrastructure. A place that will draw professionals with the ability to actually spend money. With an infrastructure in place the flux in money will already have means to be funneled through the city. Eventually, successful cities lead to to suburbs.
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Agreed. Don't think it'd be wise to try to do anything ground up or where there'd need to be a significant restructuring.
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Accra, Ghana
