G7 Perpetuates African Disparity

The G7 Meeting 

Or

How will A Committee counter China? 

Not Good [sic]

They can't even come up with a catchy name for the plan:

Build Back Better for the World

U.S. State Department

v.

Dignity not Charity

Slim Fairview

Long ago, I wrote, "China will succeed because China will do as we did. Not as we way." ~ Slim Fairview

And the best we can come up with is a fractious G7

If you want to know where China is heading,
look at where we've been.

Monroe Doctrine: South China Sea

Manifest Destiny: Belt and Road

Hoover Dam: Three Rivers Project

Sunday 13 June 2021

The New York Times reports
China's initiative is [A Marshall Plan 2.0--My words]

Quote: "The European Parliament declined to ratify a
landmark investment treaty championed by Germany...."
[Read Merkel] Why? Read the Times article.

It is not ironic that Germany is championing the treaty

that is causing so much trouble.  It's "The European Economic Crisis" all over again. Who said, "austerity"?

When China elevated 500M people from poverty to the middle class
China created:
a consumer class
an investor class &
Gave The Chinese people a vested interest in the success
of China's economic policies and Created cohesion among the Chinese people.

This cohesion does not exist in Europe.

The G7 investment initiative in Africa is a feather-weight alternative to Slim's Admonition.

€800 Billion in Debt Cancellation as partial restitution for
500 years of Colonial Plunder. Plus

Slim's Paradigm:

Capital Investment + Economic Stimulus =
Economic Development + Growth

But at least President Biden seems to embrace Slim's Paradigm.  Sometimes I don't know if people are reading what I write or if they're not.

For a decade I inveighed against 

austerity, Merkel & Merkelism with 

the celerity of a honey badger.

"Dignity not Charity"  --Slim Fairview

Without debt cancellation, investment programmes for Africa will have only one result.  Helping Africa to repay 

creditors. Read: Colonial Plunder 2.0

Sincerest regards,

Slim.

Robert Asken

Box 33 

Pen Argyl, PA 

18072C

All Quotations except as noted from 

The Quotations of Slim Fairview
Copyright © 2021 Robert Asken
All rights reserved