As we previously explained numerous times (here originally and here most recently) Africa is a crucial region in the world…
As Western economies start to regress in earnest following decades of failed and destructive monetary inflation and debt accumulation, as we warned previously, yield-starved investors are allocating real capital to the one industrially untapped continent in the world: Africa. However, we’re not seeing industry moving to Africa to set up shop. Rather, politically-directed capital flowing into the African resources sector is fueling and financing the strongest consumer boom in the world. It’s a vendor financing model for Asia, and it portends a major boom and bust cycle for the African continental economy. Continue reading “How Erik Prince, Founder Of Blackwater, Will Help China Subjugate Africa”