How would you compete with those deciding for you what you should do or not ?? It is as simple as that, we don’t need any complicate study to understand that. Africa should achieve political sovereignty first by force by building strong military first by military integration. Military is the only solution
I don't know why these African leaders don't see this.Afrixa needs Gold backed currency and we use that to fund all sectors in Africa infrastructure ,education,health,research , Army for our security ,etc.I agree with you !
@@KirongetNeunoAfrica needs a sovereign weather fund and gold backed currency. Easily fund your own infrastructure in Africa. Cant buy US debt as it is worthless.
Economic sovereignty is impossible without Monetary sovereignty and monetary sovereignty is impossible without political sovereignty and political sovereignty is impossible without strong military / military sovereignty. Conclusion, AES countries (Niger, Mali, and Burkina Faso) are the only African countries in the right path.
Germany and Italy are paying only two percent interest on their debts while Africa and I'd dare say some Caribbean countries, are paying 10 and 15 percent on their debts. That's why countries default on their debts. This is not sustainable, IMF. 😢😢😢 sad. As this gentleman said, Italy and Germany admitted that they would have defaulted too if they were paying such high interest rates!!!
sir, the world operates on a gross domestic product system. When Africa begins to produce what it needs, instead of selling resources for USD and buying back the products it needs. Our monetary situation will change for the better.
1. Africa resources need to be identify and assembly by products and costs to determine the Illicit and money laundering flows of the continents. 2. African need to create a database where all the documentations of a successful business contract and a no successful business recorded to be save for more references. 3. African need to aligned its economic order to the international standards so that no one can be left behinds or fronts developments.
1. Africa need to understand the debt and the credit that was been borrowed and the repayment process to balance the future projection of stable economy. 2. Africa development still unclear for more decades and need to be accelerate to avoid an uncomfortable continents. 3. Africa climate change remain unsolved due to management of wastes and pollution systems.
full kick out old u s. dollar hegemony and we all interest with new global new currency support with Yuan payment now China number one economic in the world we know enf of u.s. hegemony and everyone welcome to new global economic China number one
This discussion is about 40 years late , but the good thing about it is, that's it's happening now.I say good riddance to the Dollar, Pound and Euro dominance.
I am direct to say Africa will and have a new policy has God have release Africa from curses of Ignorance poverty religion nation's ancestors and lifted up Africa to prosper while western lowered to beg from Africa therefore nothing more shall Africa have to continue western idilogy and will rather be a stagnant economy without creating one president government and currency to Foster the economic change from US dollar to Africa yet unknown system so be decided to save your self because dollar is disfunction by God on 03.05.2019.
The problems is not dollars ,the problems is people missed used fund in properly waste time talk nothing don't go anywhereThe problems is not dollars ,the problems is people missed used fund in properly waste time talk nothing don't go anywhere
Economic sovereignty is impossible without Monetary sovereignty and monetary sovereignty is impossible without political sovereignty and political sovereignty is impossible without strong military / military sovereignty. Conclusion, AES countries (Niger, Mali, and Burkina Faso) are the only African countries in the right path.
Just ditch the dollar already and get one African currency
Forget TALKS... TAKE ACTION
Please take a page out of the same book as Japan, China and other countries that are diversifying their currencies.
How would you compete with those deciding for you what you should do or not ?? It is as simple as that, we don’t need any complicate study to understand that. Africa should achieve political sovereignty first by force by building strong military first by military integration. Military is the only solution
A TRILLION African DIAMONDS for Worthless paper money
I don't know why these African leaders don't see this.Afrixa needs Gold backed currency and we use that to fund all sectors in Africa infrastructure ,education,health,research , Army for our security ,etc.I agree with you !
@@KirongetNeunoAfrica needs a sovereign weather fund and gold backed currency. Easily fund your own infrastructure in Africa. Cant buy US debt as it is worthless.
Africa benefitting from the heavy lifting done by Russia and China to change the world. What is Africa contributing except talk talk talk.
Talk talk no action
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
Let's have one currency in Africa those currency are designed to poor Africa 😢
Good idea
A TON of African GOLD for a ton of US Rice 😮😢😢
You mean dollars? I don’t know of any trade of gold for rice 🌾
Economic sovereignty is impossible without Monetary sovereignty and monetary sovereignty is impossible without political sovereignty and political sovereignty is impossible without strong military / military sovereignty. Conclusion, AES countries (Niger, Mali, and Burkina Faso) are the only African countries in the right path.
Too much English Grammars . let's acts immediately is the priority to await fastely
I agree! Let's get rid of the dam dollar and move on so Africa can develop.
Good One😂😂😂😂
Germany and Italy are paying only two percent interest on their debts while Africa and I'd dare say some Caribbean countries, are paying 10 and 15 percent on their debts. That's why countries default on their debts. This is not sustainable, IMF. 😢😢😢 sad. As this gentleman said, Italy and Germany admitted that they would have defaulted too if they were paying such high interest rates!!!
That is part of the Colonial economic slavery polices the West are pushing hard to keep.
Because the money being given to Africans are wasted. That’s why the interest is so high
sir, the world operates on a gross domestic product system. When Africa begins to produce what it needs, instead of selling resources for USD and buying back the products it needs. Our monetary situation will change for the better.
Well said
Gold is the way to gold. Africans needs to secure their gold.
How many studies do you need?
1. Africa resources need to be identify and assembly by products and costs to determine the Illicit and money laundering flows of the continents.
2. African need to create a database where all the documentations of a successful business contract and a no successful business recorded to be save for more references.
3. African need to aligned its economic order to the international standards so that no one can be left behinds or fronts developments.
1. Africa need to understand the debt and the credit that was been borrowed and the repayment process to balance the future projection of stable economy.
2. Africa development still unclear for more decades and need to be accelerate to avoid an uncomfortable continents.
3. Africa climate change remain unsolved due to management of wastes and pollution systems.
And 1 African currency printed in Africa now to spread the liquidity amongst the sons and daughters of Africa to be the main drivers of the economy
All these talking end up when using Etiópia to prove a point, King Sellaisie and Nkruma has already drawn road map to immancipation. Dey play.
Xrp neutral currency
full kick out old u s. dollar hegemony and we all interest with new global new currency support with Yuan payment now China number one economic in the world we know enf of u.s. hegemony and everyone welcome to new global economic China number one
AFRICAN GOLD COINS 💰
RAS HOUSE MUSIC 🎶 LABORIE BEACH ⛱️ ST LUCIA 🇱🇨🥇🥈🇱🇨
This discussion is about 40 years late , but the good thing about it is, that's it's happening now.I say good riddance to the Dollar, Pound and Euro dominance.
all they do is talk, no action
13:50 at some point the USD was 85%
That's Africa's brettenwoods🤔🤔
1971 not 1961
The introduction is too long... The main topic is what?
Dont worry ,its Impossible for African countryto De-Dollarization in the next 50 Years.??
BRICS is the only way
I am direct to say Africa will and have a new policy has God have release Africa from curses of Ignorance poverty religion nation's ancestors and lifted up Africa to prosper while western lowered to beg from Africa therefore nothing more shall Africa have to continue western idilogy and will rather be a stagnant economy without creating one president government and currency to Foster the economic change from US dollar to Africa yet unknown system so be decided to save your self because dollar is disfunction by God on 03.05.2019.
The problems is not dollars ,the problems is people missed used fund in properly waste time talk nothing don't go anywhereThe problems is not dollars ,the problems is people missed used fund in properly waste time talk nothing don't go anywhere
Too much talking build industries and reduce the need for stupid imports.
Just the long introductions shows you how unless their gathering is. Too much talk with no results always. African style
Economic sovereignty is impossible without Monetary sovereignty and monetary sovereignty is impossible without political sovereignty and political sovereignty is impossible without strong military / military sovereignty. Conclusion, AES countries (Niger, Mali, and Burkina Faso) are the only African countries in the right path.