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The African Debt Trap: China’s Profitable Business of Enslaving Africa | 2021
The African Debt Trap: China’s Profitable Business of Enslaving Africa | 2021 Ambakisye-Okang Dukuzumurenyi 33 Views • 5 years ago

The President of Sri Lanka started pushing to build a new port in a small town at the south end of Sri Lanka because ambitious projects like this make you look like a good, caring politician. The only problem was that everyone, including their own government studies estimated that the port wouldn’t be profitable. But then the President announced that the project had been greenlighted - with help from none other than China.

The port opened in 2012, and the forecasts were right - no one was interested in using this new port. And it’s finances were in the hole. So the President went back to China for another loan, this time for $757 million.So what did they do? They took out another loan from China, this time for $1 billion dollars, to help pay off that upcoming debt payment. It’s safe to say that Sri Lanka found itself at the mercy of the Chinese government. It was drowning in debt payments and was left with an expensive port no one wanted to use. And now, China owns 85% of that port and managed to squeeze 15,000 acres of land around that port as well.

Debt traps, debt diplomacy is nothing new. China is probably just taking a page out of the original master at this game: the US. Why did the US go through all this effort to indebt these Less-Developed Countries, or LDCs? Simple: when you’re a global superpower, you need a lot of resources to stay on top: oil, energy, raw materials, nations under your influence so you can call them up when you need something like votes at the UN, and so on.

Today, China is in a similar position - they’re desperate for energy, money, and resources to continue their astronomical growth to the top.Who knows in the long run what will happen with China's colonialism. China has the ability to be forceful when needed, especially in their sphere. History would say China will follow the old model, but things have radically changed before. China is making mistakes but continues to sell these projects.

Since 2000, the US and China have taken over the G7's share of global GDP
Since 2000, the US and China have taken over the G7's share of global GDP Kwabena Ofori Osei 50 Views • 2 years ago

Despite political rhetoric to the contrary, the United States and China have enjoyed the most mutually successful economic partnership in modern history.

The Group of Seven (G7) nations include the US, Canada, the UK, Japan, Germany, France, and Italy. As emerging market economies, and especially China, have boomed, the G7's share of global GDP has dramatically fallen.

But a closer examination of the underlying economic data shows that the United States' share of global GDP has risen, especially since 2010. The US is the only G7 country to take a larger share of global GDP while China's economy rocketed higher.

Resources and links:

Skipping class: Chinese students are looking beyond the US
https://www.chartr.co/stories/....2022-08-12-2-chinese

Wall Street Journal, U.S.-China Investment Flows Bigger Than Thought
https://www.wsj.com/articles/BL-CJB-29645

For wealthy Chinese students, studying abroad becomes the norm
https://list.juwai.com/news/20....12/05/infographic-fo

EGS Biweekly Global Business Newsletter Issue 109, Tuesday, May 28, 2024
https://geowizard.biz/2024/05/....egs-biweekly-global-

Statista, The countries with the most countries studying abroad
https://www.statista.com/chart..../3624/the-countries-

Zerohedge, Visualizing The G7's Declining Share Of Global GDP
https://www.zerohedge.com/geop....olitical/visualizing

China’s universities just grabbed 6 of the top 10 spots in one worldwide science ranking – without changing a thing
https://theconversation.com/ch....inas-universities-ju

Closing scene, Peking Duck from the award-winning Grand Hyatt Beijing
https://www.youtube.com/watch?v=Gc2AvoXVCz4

Fuse ODG – Bra Fie (Come Home) ft. Damian 'Jr Gong' Marley (Official Video) OUT NOW
Fuse ODG – Bra Fie (Come Home) ft. Damian 'Jr Gong' Marley (Official Video) OUT NOW Ọbádélé Kambon 62 Views • 3 years ago

Pre-Order "New Africa Nation" the Album now here: https://fuseodg.tmstor.es
Shop for New Africa Nation Clothing online here : https://www.newafricanation.com

Almost 400 years since our ancestors were captured and taken into various lands outside of Africa, Africa's Fuse ODG and Jamaica's reggae icon Damian “Jr Gong” Marley have united on a mission to bring their descendants back home to where they belong mentally (Self Love), physically (Africa) and spiritually (Love) through this powerful piece of music. We present to you “Bra Fie” which translates in the Ghanaian language ‘twi’ as “Come Home”. Watch and let’s spread this to all four corners of the world…
A New Africa Revolution has began…Welcome to the New Africa Nation.

Preorder a copy of Fuse ODG’s second album entitled “New Africa Nation” and be part of a historical journey.

@FuseODG
@DamianMarley

Lyrics Below

Bra Fie (Come Home) lyrics

Verse 1

Take the shackles off my feet
Make I go make I go
It's a battle with the beast
Take a shield here we go
Kwame Nkrumah take over
New Africa make over
Let's bow our heads and pray o Lord
Our father help us fight the war (huuuu)

Chorus (X2)

Bra fie o bra fie (Come home come home)
Bra fie na y3tw3n wo (Come home we are waiting)

Verse 2

I'm a human being in Africa
But a black man in America
African in England
Don't forget where you are from
Ghana down to Suriname
Taken from our motherland
Don't forget your mother tongue
Please don't shoot me we are one

Chorus (X4)

Bra fie o bra fie (Come home come home)
Bra fie na y3tw3n wo (Come home we are waiting)

3rd Verse

Now have a look through history's binoculars
And please don't tell me you've forgotten us
Your last children living anonymous
In a very strange land where they carried us
And it must be a natural phenomenon
How we still can remember where we coming from
Even through the brainwashing curriculum
Up through the ages and millenniums
Last 400 years has been fabulous
We've been working as slaves living ravenous
But to overdo your stay can be hazardous
Now it's time to go home thanks for having us
Please make I a promise ol' promise land
And welcome me home anytime I land
And make I feel like I belong with us
Until that day no giving up

Aayy aayy
Huuuu

How the US stole thousands of Native American children
How the US stole thousands of Native American children Kwabena Ofori Osei 78 Views • 3 years ago

The long and brutal history of the US trying to “kill the Indian and save the man”.

Help our reporting on hidden histories. Submit a story idea here:
http://bit.ly/2RhjxMy

Toward the end of the 19th century, the US took thousands of Native American children and enrolled them in off-reservation boarding schools, stripping them of their cultures and languages. Yet decades later as the US phased out the schools, following years of indigenous activism, it found a new way to assimilate Native American children: promoting their adoption into white families. Watch the episode to find out how these two distinct eras in US history have had lasting impacts on Native American families.

In the Vox series Missing Chapter, Vox Senior Producer Ranjani Chakraborty revisits underreported and often overlooked moments from the past to give context to the present. Join her as she covers the histories that are often left out of our textbooks. Our first season tackles stories of racial injustice, political conflicts, even the hidden history of US medical experimentation.

Have an idea for a story that Ranjani should investigate for Missing Chapter? Send it to her via this form! http://bit.ly/2RhjxMy

Sign up for the Missing Chapter newsletter to stay up to date with the series:  https://vox.com/missing-chapter

Explore the full Missing Chapter playlist, including episodes, a creator Q&A, and more! https://www.youtube.com/playli....st?list=PLJ8cMiYb3G5

And to learn more, check out some of our sources below:

The National Native American Boarding School Healing Coalition https://boardingschoolhealing.org/ and their primer on American Indian and
Alaska Native Boarding Schools in the US: https://engagement.umn.edu/sit....es/engagement.umn.ed

A Generation Removed by Margaret D. Jacobs:
https://www.nebraskapress.unl.....edu/university-of-ne

The National Indian Child Welfare Association’s background on the Indian Child Welfare Act:
https://www.nicwa.org/about-icwa/

Maps: 
1776 - 1880 here: https://www.davidrumsey.com/lu....na/servlet/detail/RU
1930 here: https://www.davidrumsey.com/lu....na/servlet/detail/RU

First Nations Repatriation Institute: http://wearecominghome.com

An in-depth documentary about Native American child separation: https://upstanderproject.org/dawnland

Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. Check out http://www.vox.com.

Watch our full video catalog: http://goo.gl/IZONyE
Follow Vox on Facebook: http://goo.gl/U2g06o
Or Twitter: http://goo.gl/XFrZ5H

Faces of Africa: Winnie Mandela, Black Saint or Sinner? [P2/2]
Faces of Africa: Winnie Mandela, Black Saint or Sinner? [P2/2] Ambakisye-Okang Dukuzumurenyi 28 Views • 5 years ago

Episode 2 of Winnie Mandela, Faces of Africa goes deeper into Winnie Madikizela's life after Mandela's release from prison. Faced with both praise and loathing, Winnie maintained an iconic status amidst scandalous events.#mandela#president#africa

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We're Removing These Countries From Our Travel List After the UN Slavery Vote
We're Removing These Countries From Our Travel List After the UN Slavery Vote Baka Omubo 35 Views • 3 months ago

They just voted on slavery at the United Nations, and the results should change how every Black American thinks about moving abroad. In this video, we break down what that vote really signals, why “abstaining” is not neutral, and how we’re updating our travel and relocation recommendations for Black Americans based on the countries that stood up for our humanity and the countries that refused to.

We also highlight Ghana’s leadership on this historic resolution and share a practical framework you can use to research destinations through a deeper lens than cost of living and visa options.

TIMESTAMPS ⏰
0:00 Intro
1:41 What Happened At The UN
2:08 Why It Matters As Expats
6:06 What Countries Are Better Destinations

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