Fear Of Impoverishment When West Losses Reserve Statuses For Its Currencies And Control Over The Global Financial System As The Hidden Reason For Trump's Threats And Belligerence
Well, whether the West likes it or not, the Global South is not gonna finance the West like in the last 500 years. The West has no choice but to learn to earn a living honestly after centuries.
The Global South is awaken:
The Africans and others are now saying NO! ENOUGH! to the West:
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" The Banning Of The Export Of Unprocessed Raw Materials Has Reached "Pandemic Levels" !
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The Africans, Asians And Others No Longer Take Orders From The West, IMF And The Likes
This means the end of the anti-African and anti-Global South USA world order from 1944/45 European calendar !
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"No Signs Of A Turnaround": Alumina Prices Near Record As Global Supply Chain Snarls Mount
Cocoa Prices Rise As US Stockpiles In Exchange-Monitored Warehouses Hit Four-Year Low
African Raw Material Export Bans
Nigeria banned the export of raw-ore in 2022 to (in the words of its Natural Resources Minister) end the “plundering (of) the continent for raw materials” by incentivising local processing or refining before exporting and “…bring industry to Africa so that our people can be employed.”
"... Africa, where more than 50% of the world’s cobalt and manganese, 92% of its platinum and significant quantities of lithium and copper are to be found. Almost all of the continent’s current output is presently shipped as ore for processing in third countries, meaning the potential economic benefit of this enormous mineral wealth has not filtered through to the real economics in its African source countries."
Indonesia has banned bauxite and copper exports since June 2023, after applying a similar policy to nickel mining companies in early 2020.
" ... Last year, Mexico nationalised its lithium industry, Zimbabwe has banned the export of unprocessed lithium and just recently Chile’s left-leaning President Gabriel Boric has announced an increased role for the state in the national lithium industry there. The Indonesian state is similarly testing the waters with its curbing of exports of raw minerals." "
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The West is now losing absolutely gigantic privileges:
No free access to African minds
No free access to African markets
No free access to African resources
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Rank of continents on GDP (PPP) basis, should Western currencies be dumped
Asia
Africa
South America
Europe
North America
Australia
