cawblimey wrote in currrentaffairs

Africa 20.12.18

Bolton Threatens to Force Africa to Choose Between the US and China

Fourteenth paragraph: "The simple, yet earth-shaking truth is: the United States and western Europe lack the capacity to mount investments in Africa that are conducive to the continent’s economic and social development. The same applies to Latin America, where China is the number one trade and investment partner. The “West’s” political economies are spent forces, incapable of either keeping up with China’s phenomenal domestic growth — which should be seen as Beijing’s re-assumption of its historical status as the center of the world economy — or of competing with China in what used to be called the Third World. The system is collapsing at its imperial center, the United States, which is incapable of investing in its own crumbling infrastructure."


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