Chile is the poster child for extreme economic inequality in a developed country. I spent time there last year for my book (which has a chapter on Chile) and what I found hardest to understand is why there wasn't more political unrest. Now there

Slavery by philanthropy. China offers help to Africa to gain voting power and maintain its hegemony.
@MichaelPSenger @stacey_rudin @randyhillier @katewand

"African allies -- which have crucial voting rights at major international bodies -- have arguably become an even more vital bloc for China to keep on side with its so-called vaccine diplomacy."

Why Does Wang visit African countries every year?

"According to the China Africa Research Initiative, Chinese loans to Africa dropped from $29.4 billion in 2016 to $8.9 billion in 2018."
"[Wang] postponed the repayment of interest-free loans from China that matured at the end of 2020"

When loans are postponed, this comes at some price; usually, its' sell your soul to the devil.

Thread – Excerpt from a Ross Rant (Election-related)

1. These following are excerpts from a recent “Ross Rant.” Joel Ross publishes these periodic reports that provide commentary on the changing scene with an eye toward wise future investments.

2.

There never was going to be a new stimulus deal. Pelosi did not want to do anything that might help Trump, and she was hoping to trap McConnell, and make him look like he killed it so they could argue the Dems need to control the Senate.

3. My sense is that backfired. It is clear to most that she is the problem, and why, and that she does not give a damn about the people who are suffering. It is all about getting power. Unfortunately, Wall St kept being fooled thinking there would be a deal.

4. So the market was up and down depending on which false rumor they believed. Classic Wall St. Buy on rumor and hope. Sell when it does not happen, then buy again. Trader’s dream.

5. The EU is now in the midst of a major virus surge and that will kill any hope of a near term economic rebound as lockdowns get put back on. While in the US there are a few stories of hospitals in rural areas getting to capacity, reality is, most of the US has lots of capacity.

Chinese president Xi Jinping is the lead speaker at this week's Davos Agenda, the World Economic Forum's online summit.

Xi lays out four priorities for world:

1) Step up "macroeconomic policy coordination" and promote "strong, sustainable, balanced and inclusive growth of the world economy";

2) Abandon ideological prejudice and "jointly follow a path of peaceful coexistence." Says no country is superior to another. "There would be no human civilization without diversity," he adds, taking aim at "arrogance, prejudice and hatred";

3) Close the divide between developed and developing countries. "With the growth of developing countries, global prosperity and security will be put on a more (solid) footing"; and,

4) "Come together against global challenges and jointly create a better future for humanity." "No global problem can be solved by any one country alone. There must be global action, global response, and global cooperation."

We were pulled over by Nigerian police the last time I was in Naija and this man saw a weapon certification in my wallet and was shocked. The weapon certification had a list of weapons I was qualified to shoot. He yelled "you fit shoot this thing?" I said "yes nau".. he-

Yelled "so if I give you this my gun, you fit shoot am well". I said "boya you should give me and let us see? 🤷🏾‍♂️" He said "who qualify you?". I said "This thing clearly says "Missouri State. Na yankee nah! I mean USA". He yelled "Sergeant Ojo! Sergeant blah blah come o!"

He looked at the uber driver "you come down! And come here! Sergeant! Search the car and search it well. Na huge case dey here! This man fit get guns inside the car! Search it well!" 🤣🤣🤣 I was just laughing! I was like "Mr Police, why you dey harrasss me?"

They all started to cock their guns anyhow "praaaa move! Kini kan! Stay there! Don't move! If you moveeee?!" I was just laughing" They started telling the bystanders to not move! People were putting hands on their heads like we had done something wrong.

The uber driver started crying "I said guy calm down, no dey give this people chance." They searched o! And found nothing as expected. The boss asked where I lived, and I explained I just came back from the US. I presented my passport and boarding passes to him to back it up.