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I simply do not understand the world’s obsession with “cultivating” Africa.

Sure, its got minerals and resources, like many other places. But its a sinkhole of corruption and inefficiency. When they are your friends, they act like your enemy, and when they are your enemy, they act like your friends.

If you want something from Africa, simply give them $$, and they will sell it.

Otherwise, keep it at arms length.

Africa has the highest population growth rate.

One need not think further than that about this, but if one wants to, all those countries are being lined up such that Russia, China, India, Indonesia and Africa in a general way add up to the MAJORITY of mankind, and they support Russia and talk only about US exploitation and abuse.

In the end it all comes down to the US central bank creating dollars from thin air and persuading counterparties all over the world that they have value. As opposed to the Joules in oil and gas, which can be found in abundance in Nigeria, Angola, Libya, Algeria — all Africa.

The US produces more oil than them. Now. The US has been producing 100 years and is conventionally is in terminal decline. Africa is not.

This is value. Not printed pieces of paper.