African Economic Union

The window of opportunity is wide open for a major thrust in African Economic Development. Why is this so?

U.S. / China Tariff & Trade War.

China's rising labour costs.

Low interest rates.

Trillions of dollars in investment money looking for an opportunity in FDI.

Investors looking for opportunities outside China.

Africa's African Development Bank looking to supply capital for Africans to start their own businesses.

Everyone talks about growing the pie.  The secret is to own a piece of the bakery that bakes the pies.

Still, there are a few preliminary steps to set in place a structure to fend off those who wish to exploit Africa and the African People.

One proposal is the formation of what I called an E 20 Group of Nations.  The 20 is merely pro-forma.  It is a contrapunto to the G 20.  And the G 20 is not for the G 20 alone anymore.

There are measures to forestall exploitation and to enhance development.

Forming an E 20 Group of Nations 

Solving the Emerging Economic Crisis


With an Emerging Nation Economic Union, and a 
Union of Emerging Nation Economic Unions, the first benefit would be to create a baseline minimum wage.  With this, no company could exploit workers in any nation or exploit any nation by shopping around for the lowest wages. 

In addition it is not in the best interest for investors to do this.

The success of China in elevating 500 Million people to the middles class lies in the following:

China created a consumer class
China created an investor class
China gave 500 million Chinese people a vested interest in the success of China's economy. 
China created a national cohesion.

The is analogous to Henry Ford doubling the wages of his employees at the Ford Motor Car Factory.  He created consumers for the Fords that they made.  And after they bought Fords, they could spend money elsewhere and stimulate the economy.

The paradigm is simple.

Capital Investment + Economic Stimulus =
Economic Development + Growth

Slim's Paradigm

With this programme of baseline wages across emerging nations, the effects will be:

Higher Spending
Higher Sales
Higher Profits
Higher Employment
More Spending
Moe Sales
More Profits
Higher Wages
And so on.

With a rising Middle Class, Consumer Class, and Investor Class, Africa can benefit from the same paradigm or strategy used by China to become the Second Largest, Fastest Growing economy on the planet.

This will create cohesion among all Africans and benefit the entire continent.

Other Articles and Presentations

Emerging Nation Economic Union  The most read of all my articles.  

The top visitors are Singapore and Germany.  At one time, Singapore visited this article more times in four months than Germany did in four years. Germany has caught up.

The Future of the G 20 in Good Times & Bad

Global Management: A shift in the paradigm of corporate America.



Related articles on China:

Will China Implode?

The Media Doesn't Understand ChinaGlobal 

China. Economics. Diversification.



Best wishes for your success.

The Window of Opportunity is Open Wide.  
Seize the Moment!

Sincerest regards,

Slim.

Copyright © 2019  Bob Asken
All Rights Reserved.

China Does as We Did

"The many may oppress the few, but the few may not oppress the many.  Not for very long, anyway."

The Quotations of Slim Fairview.

Do you understand why the Chinese Government raised 500 million people from poverty to the Middle Class?

China created a Consumer Class
China created an investor Class
But most important (and not most importantly) China gave half a billion Chinese people a vested interest in the success of the Chinese Economy and a reason to work towards it.

"China will succeed because China will do as we did, not as we say."  Slim Fairview.

Remember these from our past?

Universal Public School Education
Manifest Destiny
The Trans-continental Railroad
The Monroe Doctrine
The Panama Canal
The Hoover Dam
The Labor Movement
The G.I. Bill
Affordable Single Family Homes

Capital Investment + Economic Stimulus =
Economic Development + Growth
Slim's Paradigm

How many of them has China implemented?

The Cultural Revolution
The Economic Revolution
Nicaragua Canal  (Pending)
Hydro-Electric Power Dam Project (Three Gorges Dam)
T.P.P.
South China Sea
Belt and Road

China appears to be emulating our history.

"Those who forget history are doomed to repeat it." ~Santayana

"Those who remember history are able to repeat it."
~Slim Fairview

The Quotations of Slim Fairview © 2019

Will China Implode? 

The Media Still Doesn't Understand China


If you find anything here to be helpful, please don't hesitate to send me a really tricked out Mac Book and to tuck a few dollars into the envelope along with the thank you note.
Thank you.



Sincerest regards,

Slim


Bob Asken
Box 33
Pen Argyl, PA 18072


Copyright © 2019 Robert Asken
All rights reserved.

Emerging Nations Emerge

History would suggest that Africa will follow the historical path to self-determination.

The first thing the Industrialised world must understand is the shift to a new paradigm.

That paradigm is illustrated here:

Solving the Emerging Crisis

1.200 + views.

I went on to provide a slightly more detailed explanation in

China: QE & Emerging Nations


Contained therein are links to a series of articles in which I detail everything from

Emerging Nations  forming an economic union,

a union of economic unions,

and an

"E 20"

to

strategies for negotiating with Industrialised nations.

I offer a list of tricks and strategies that can (& probably will) be used by industrialised nations in an attempt to manipulate representatives from emerging nations.

Please enjoy the reading.

Sincerely,

Slim.

slimfairview@yahoo.com

slimviews@gmail.com

Copyright (c) 2016 Bob Asken
All rights reserved.

Creating 3rd World Wealth

• 1.5 Billion people live on less that $1 a day. 

• 2 Billion people live on less that $2 a day.

• The Haves are increasing arithmetically. 

• The Have-nots are increasing geometrically

• The multitude may oppress the few, but the few may not oppress the multitude.  Not for very long, anyway.

To understand helping people in emerging nations, we must deal up front with two impediments.

1st:  Those who want to exploit people in emerging nations.

2nd: Those who believe they are helping people in emerging nations.

To have a clear picture, we need an economics lesson.  By Metaphor.

I have but two skills: an analytical mind, and the ability to speak in metaphors.  Here we go:

The biggest problem is the word wealth.

Some want to promise riches. Riches that never arrive.

Others define wealth a language for helping the rich get richer, but in fact, only keep poor people shacked to poverty by keeping poor people shackled to poverty programmes.

According to The Random House Dictionary, you can define wealth two ways.

A great quantity of money or property of value.

All goods that have monetary or exchange value.

To understand helping people in Emerging Nations, it is the second definition that will help us to better understand how to help people in Emerging Nations.

From The Definitions of Slim Fairview:

• Money: what you make.

• Wealth: what you have.

To a youngster who wants to mow lawns for pocket money:

• Money: what people will pay him to mow their lawns.

• Wealth: A lawn mower.

• Wealth: all goods having monetary or exchange value.

Here is the metaphor to explain the economics lesson.

NB  From the Bauhaus: Form follows function.

CAVEAT! 

This is an economics lesson.  Focus on the Economics ONLY!

Back in the day, a kid with a lawn mower could earn money mowing lawns.

With two lawn movers, he can

• Make money mowing lawns with lawn mover #1

• Make money renting lawn mower #2 to another kid to mow lawns.

• Hire another kid to 2work for him mowing lawns with lawn mower #2.

The question is, How much money can the first kid save up to buy the second lawn mower?

This leads us to a question of skill.

With mechanical ability, Kid #1 can buy a broken lawn mower, repair it, and put it into service.

Ultimately, the 2^nd kid gets paid for what he does. 

The 1^st kid gets paid for what he knows.

As demand for services rise, it will become necessary to buy more lawn mowers and to hire more kids to mow lawns.

If demand rises faster than growth, the kid will lose market share and revenue.

If the business grows faster than demand, money will be tied up in idle (unused) lawn mowers. This will reduce the return-on-investment.

Then there is Time Utility.

A lawn mower in May is worth more than a lawn mower in November.

Also, there are Threats.

Another kid with a lawn mower can penetrate the market and steal customers.

Two or three employees can pool their resources, quit and go into competition.

However, There are also Opportunities.  These are called Mid-term and Long-term Strategic Planing.

The1st kid can buy one riding mower instead of 3 push mowers and big for bigger and more lucrative jobs.

The 1^st kid, or his competitor can

• Invest in rakes for when the leaves start to fall.

• Invest in snow shovels for when the snow starts to fall.

• Invest in snow blowers. (Op. cit. riding mowers.)

• Invest in lawn mowers for when the grass starts to grow. (Op. cit. Time Utility.)

 

Now, having established the premise:

People in Emerging Nations neither need nor want charity.  They need and want capital investment.

From the Economics of Slim Fairview:

Capital Investment = Economic Development + Growth.

NB  

And when I say Capital Investment, I do not mean people from Industrialised Nations building lawn mower factories in Emerging Nations so poor people can earn low wages making cheap lawn mowers for people living in Industrialised Nations.

To elevate people in Emerging Nations from poverty, embrace the paradigm that has been used successfully in the past in:

• China

• Post War Germany

• Post War Japan

• Put people to work.

Now, here is a thought question:

• Your kid gets a job with a landscaper.

• You hire the landscaper to mow you lawn.

• The landscaper sends your kid to mow your lawn

• The landscaper pays your kid less money than you pay to the landscaper.

Does that make sense?  No…unless…you can’t afford to buy a lawn mower.

You have money to pay a landscaper, but you do not have wealth—a lawn mower.

To focus on the problem in Emerging Nations, ask yourself, How did the fist kid get the first lawn mower in the first place?

This is the predicament of the poor in Emerging Nations that is sustained with each new and failed initiative to help the world’s poor.  People cannot each symbolic gesture.

• Industrialised Nations

• Know what to do

• Know how to do it.

• Know where to do it

• Know when to do it  (Now!)

• Industrialised Nations have no excuse to fail to do it.  

• Industrialised Nations have No Excuse to Fail.

Warmest regards,

Slim.

Slimfairview@yahoo.com

Copyright © 2014 Bob Asken as Slim Fairview

All rights reserved.