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![Insecurity In Nigeria: The Nation Is Bleeding, Bashir Magashi [22 April 2021]](https://i.ytimg.com/vi/ajrPIMVu2bk/hqdefault.jpg)
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Germany is one of the world’s richest countries, but inequality is on the rise. The wealthy are pulling ahead, while the poor are falling behind.
For the middle classes, work is no longer a means of advancement. Instead, they are struggling to maintain their position and status. Young people today have less disposable income than previous generations. This documentary explores the question of inequality in Germany, providing both background analysis and statistics. The filmmakers interview leading researchers and experts on the topic. And they accompany Christoph Gröner, one of Germany’s biggest real estate developers, as he goes about his work. "If you have great wealth, you can’t fritter it away through consumption. If you throw money out the window, it comes back in through the front door,” Gröner says. The real estate developer builds multi-family residential units in cities across Germany, sells condominium apartments, and is involved in planning projects that span entire districts. "Entrepreneurs are more powerful than politicians, because we’re more independent,” Gröner concludes. Leading researchers and experts on the topic of inequality also weigh in, including Nobel-prize winning economist Joseph Stiglitz, economist Thomas Piketty, and Brooke Harrington, who carried out extensive field research among investors from the ranks of the international financial elite. Branko Milanović, a former lead economist at the World Bank, says that globalization is playing a role in rising inequality. The losers of globalization are the lower-middle class of affluent countries like Germany. "These people are earning the same today as 20 years ago," Milanović notes. "Just like a century ago, humankind is standing at a crossroads. Will affluent countries allow rising equality to tear apart the fabric of society? Or will they resist this trend?”
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Chairman of the EFCC, Abdulrasheed Bawa says $153 million and over 80 properties have been recovered from a former Minister of Petroleum Resources, Diezani Alison-Madueke.
#Alison #EFCC #Fraud
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Lane Community College's Black Student Union Presents "Putting the African Back in to Black History," with Mr. Anthony Browder, author, publisher, cultural historian, artist, and an educational consultant. Facilitated by Professor Mark Harris; Moderated by Dr. Lawrence Rasheed; with Mr, Gene Chism, Transition Coordinator at Churchill High School.
https://www.lanecc.edu/mcc/black-student-union
As far as African dictators go, there is probably no single greater illustration of the nuances and complexities that underpin dictatorships in Africa, than Joseph Desire Mobutu’s 31 year stint, as the leader of the nation known today as the DRC.
A self-proclaimed anti-communist who modelled his entire state apparatus after China’s chairman Mao. A self-styled African revolutionary, who collaborated with his country’s former colonisers to assassinate his own prime minister and a proud Afrocentric, whose love for European luxuries and prestige would see him seize control of an estimated one third of his country’s GDP and build a personal net worth nearly twice the size of his country’s national debt.
A paradoxical man from a nation of paradox. Mobutu may have been stereotypically arrogant and cruel, but he was far from a simpleton. His over 3 decades as Congo’s Supreme leader, would be built on a complex combination of evil genius, will power and good fortune.
#Congo #Africa #History
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Written by: K.B. Taiwo
