Real pleasure comes from overcoming challenges, feeling confidence in your abilities, gaining fluency in skills, and experiencing the power this brings.
On 29 July 1987, Thomas Sankara addressed the Organisation of African Unity summit in Addis Ababa, Ethiopia and warned that if his fellow African leaders did not stand with him, he might not be there the following year. Less than three months later, he was assassinated.
In his speech entitled A United Front Against Debt, Sankara was trying to convince other African heads of state to refuse to pay their foreign debts collectively. He argued that if Burkina Faso stood up to the West alone, he would not survive the backlash.
He famously concluded that segment by saying, "If Burkina Faso stands alone in refusing to pay the debt, I will not be here at the next summit. On the other hand, if with everyone's support we decide not to pay, we will be able to use our resources for our own development."
While Sankara routinely spoke out against the paralysing nature of Western aid, coining the famous maxim, "He who feeds you, controls you", at this specific 1987 OAU summit, he focused heavily on how foreign debt was a modern tool of conquest.
Sankara viewed debt as a moral and historical scam and argued that the lenders were the same former colonisers who had merely swapped their military uniforms for suits, transforming themselves from colonial rulers into "technical assistants", or, as he bluntly called them, "technical assassins".
To Sankara, debt was a "cleverly managed reconquest" designed to make African nations financial slaves, ensuring their growth and development were permanently dictated by foreign rules. He argued that Africa owed nothing. Instead, he asserted the West owed Africa a massive debt that could never be repaid, a debt of blood that was shed during slavery, colonialism, and World War II, where African soldiers died to liberate Europe from Nazism.
He famously noted that if a poor man steals, it is a crime of survival, but when the rich steal through financial systems and exploitation, it is called policy. He argued: "The debt cannot be repaid, first because if we don't repay, lenders will not die. That is for sure. But if we repay, we are going to die. That is also for sure."
Before the OAU speech, Sankara had been vocal about how in his country, foreign aid, especially food aid, undermined self-sufficiency and dismantled local economies. He contended that such assistance, far from solving structural problems, reinforced a logic of economic and cultural subordination vis-à-vis donors.
In the end, Sankara said all he could, but tragically, his peers did not join him; many sat in uncomfortable silence or offered polite applause. Just less than three months later, on 15 October 1987, he was assassinated in a coup led by his close associate, Blaise Compaoré, with Western backing.
KNOW YOUR POLITICIAN.
Thabo Mbeki.
Thabo Mbeki didn’t believe HIV led to AIDS when unmedicated, thus delaying ARV rollouts.
300 000 South Africans died because of his actions.
He killed technical schools and introduce OBE.
In January 2006, he introduced Maths literacy in South African schools as a substitute for pure Mathematics.
Today he is saying , South African youth is unemployable because they lack skills.
There’s a direct line between the South African Reserve Bank’s policies and the anger against immigrants.
First, the SARB has been running a very strict monetary policy with high interest rates and a low inflation target for a quarter century now. This has suppressed investment, raised borrowing costs, weakened job creation and deepened economic stagnation.
Second, because South Africa already has structurally high unemployment, tight monetary policy naturally compounds it and when you have a population experiencing joblessness and declining living standards, it needs somewhere to direct its frustration. This is where migrants become competitors for a shrinking pool of jobs and services.
And whenever an economy that could be generating more jobs doesn’t do that because the policymakers choose to do what the Reserve Bank has been doing, it opens the door for political scapegoating. Even the government itself gets in on the victim act, complaining about how money shortages are causing them not to deliver services.
Now, the officials at the SARB and National Treasury know that migrants are not the cause of the country’s high unemployment poor service delivery. They understand that it’s their restrictive macroeconomic environment that’s doing all of that.
But foreigners are visible and vulnerable in a way that the repo rate and budget cuts are not, and the economic technocrats are counting on the public’s anger being focused on this.
Q: “Is South Africa sacrificing growth and jobs at the altar of inflation targeting?”
A: Yes
Q: “Can an economy trapped in economic stagnation, deindustrialisation, structurally high unemployment and deep inequality afford a monetary policy framework primarily designed around disinflation and investor credibility?”
A: No, but the primary role of the SARB since around 2000 has been to maintain “financial system credibility”.
If everything else burns down, that’s just too bad. As long as the finances are “sound”.
¡¡ES LO NUNCA ANTES VISTO EN TODA LA HISTORIA!!
Lo de Kingsley Coman no tiene ningún sentido:
➤ 2013: fue campeón de Ligue 1 con el PSG.
➤ 2014: fue campeón de Ligue 1 con el PSG.
➤ 2015: fue campeón de Serie A con la Juventus.
➤ 2016: fue campeón de Serie A con la Juventus.
➤ 2016: fue campeón de la Bundesliga con Bayern Munich.
➤ 2017: fue campeón de la Bundesliga con Bayern Munich.
➤ 2018: fue campeón de la Bundesliga con Bayern Munich.
➤ 2019: fue campeón de la Bundesliga con Bayern Munich.
➤ 2020: fue campeón de la Bundesliga con Bayern Munich.
➤ 2021: fue campeón de la Bundesliga con Bayern Munich.
➤ 2022: fue campeón de la Bundesliga con Bayern Munich.
➤ 2023: fue campeón de la Bundesliga con Bayern Munich.
➤ 2025: fue campeón de la Bundesliga con Bayern Munich.
➤ 2026: fue campeón de la Liga de Arabia con Al Nassr.
Sí, estás leyendo bien: Kingsley Coman ha ganado ¡¡14 TÍTULOS DE LIGA!! después de haber jugado ¡¡14 TEMPORADAS!! como profesional en ¡¡4 PAÍSES DIFERENTES!! a lo largo de toda su carrera. Además, ya ganó la Champions League marcando en la final y fue parte del Bayern Munich que consiguió El Sextete. .
¡¡KINGSLEY COMAN ES HISTORIA PURA DEL FÚTBOL MUNDIAL!
The dystopian technocratic world is already here. CBDC’s are already here.
Satoshi Nakamoto? You mean the CIA? Decentralized currency doesn’t exist for you.
When you go outside of their own set up distribution network, your shut down.
Ask pharaoh if they ever let him out of prison. You have to buy coke through their chain, not your own. They’re called a mafia for a reason.
Have I not gone into papal bloodlines enough?