Step 1: Find a poor country with a corruptible leader Step 2: Offer them a loan that looks too good to be true Step 3: Take their assets when they inevitably default on their loans. Step 4: Blame the West for any and all problems anywhere Step 5: Profit!

@lawrencecarr4973

2 жыл бұрын

Sound about right

@user-ym1bs7om9e

2 жыл бұрын

Lol, every developing country specifically in the Middle East, South Asia, and South America, who're suffering from economic recession almost always blames the west for their own corrupt and incompetence government.

@Tribuneoftheplebs

2 жыл бұрын

Can't blame them for not foreseeing COVID-19

@rowan2828

2 жыл бұрын

@@Tribuneoftheplebs You can blame them for taking bribes (if they have), selling out their country to the Chinese, irresponsible spending, building unnecessarily large infrastructure projects that they can't afford. This isn't a new thing that has been happening since covid-19 hit, this has been happening for decades. Modern Chinese Colonialism is here it seems like.

@pmungno

2 жыл бұрын

This is normal. Since the previous colonial powers willing to offer non. It’s either the Chinese money or no money at all. It’s the only option they have. And in the US, if you can’t pay your debt, they can take your properties. For example, if you can't pay ur mortgage anymore, they will take ur house back. Then you will complain about raising the minimum wage to the government because it is not enough for ur expenses

Africa needs leaders who do not wear camouflage army uniforms and finished at least 6th grade.

@neymarjr_.

2 жыл бұрын

Gadaffi

@RK-cj4oc

2 жыл бұрын

@@neymarjr_. Yeah they also need leaders who do not enforce 1 religion. And opresses everyone not of their main population group. And that are not insane like him. Gaddafi only succeeded because of oil wealth and brutal oppression.

@KhanBalkan

2 жыл бұрын

They also need to be left alone without someone assassinating their democratically ellected leaders.

@carkawalakhatulistiwa

2 жыл бұрын

because of imperialist capitalism. which is where western countries install their companies in developing countries to rob the natural resources of those developing countries. and includes overthrowing a legitimate government to install a pro-western dictator like the United States can do

@neymarjr_.

2 жыл бұрын

@@RK-cj4oc funny thing is that everyone in libya under gadaffi was having the best time of their lives until the CIA overthrowed him

Why will Africa remain poor? In a word: corruption.

@redyellow4699

Жыл бұрын

corruption is everywhere just in different forms. All US presidents are rich when they retire. rich people pay presidents to help them avoid taxes or do business, after retirement, rich people pay them a lot for advertisements.

@michaelclentworth1283

Жыл бұрын

Especially with dictators like Mugabe, who deliberately ran Zimbabwe into the ground.

@LautaroTessi

Жыл бұрын

I’ll take Botswana as the exception on all this. Africa should try to replicate what that country has been doing: keeping democracy levels high, corruption levels low and planning carefully your limited economy.

@MackNcD

Жыл бұрын

Poor according to who’s terms? Certainly not their own, not where life is relatively untouched by the machinery of the west.

@search4omniscience

Жыл бұрын

africa won’t remain poor

I live near Manchester, England and one of my private Landlords was a Nigerian guy. He has a doctorate in Civil Engineering and spent decades working for Manchester City Council. For me, he sums up one of Africa's main problems: the one-way brain and skills drain from African countries to the West.

@TheErolind

Жыл бұрын

Very true. Brain Drain is a huge problem for many poor countries

@MrSumone

Жыл бұрын

Nigerian immigrants are some of the most honest, hard working people I've ever met. Very intelligent and driven.

@cuttlefisch

Жыл бұрын

@@MrSumone Exactly. Just like my ex-Landlord and his family.

@nakirium9713

Жыл бұрын

@@MrSumone man I wish arab immigrants are like them too :c

@trayambakrai

Жыл бұрын

Genuinely. I've seen some amazing and hard working African people outside their countries. It feels bad their own country cannot curtail good opportunities for them.

Africa on its side looks like Australia

@Polymerata

2 жыл бұрын

No

@veebuk8522

2 жыл бұрын

Thats why thought the video is about Australia

@Wow_btw

2 жыл бұрын

@@veebuk8522 same Lmao

@EliasRoy

2 жыл бұрын

No

@balericeohiselikki

2 жыл бұрын

Not too much, I’m from Australia.

The problem is corruption. That is why a country of such amazing potential, South Africa, is drifting toward being a failed state. Probably not so much drifting as going full steam ahead.

@emuriddle9364

2 жыл бұрын

That's what happens in societies like that. They treat everyone else like they're disposable. And elevate their own inner circle. Anybody who could have been the next Albert Einstein would have been thrown away with everyone else. Either due to Famine, War, poverty, crime, etc. They only exist to cater to people, who wouldn't care less about them.

@lafox2833

2 жыл бұрын

More like traveling to collapse faster than the speed of a speeding bullet, dept leaping over tall buildings, local militias bigger and stronger than bulls.

@lookoutforchris

2 жыл бұрын

Funny how it was a well functioning modern successful county several decades ago. What, oh what, could have happened 😂

@goldman6506

2 жыл бұрын

Yea because they're kicking all the whites out.

@Arcangel2992

2 жыл бұрын

@@lookoutforchris Rhodesia 2.0 lol

Just a reminder, Africa has 54 countries. You can't mention just a few countries and assume it's the same for the whole continent.

@sanghoonlee5171

Жыл бұрын

China's Belt and Road Initiative covers 39 African countries. That's not a few. Did you see the map at 3:38?

@Thumbu-mz4up

Жыл бұрын

@Archie When you Euros tell the truth we call them racists. But the truth is that African leaders have failed their people.We have all the minerals we need to prosper but we are still the world's ghetto. Poor mentality and unparalleled greed.Time to stop blaming the white man and look in the mirror.

@amireinav6481

Жыл бұрын

@@Thumbu-mz4up only 99% of Africa is corrupted

@Thumbu-mz4up

Жыл бұрын

@@amireinav6481 😂 true that

@sionrouge1697

Жыл бұрын

If Afghanistan is the graveyard of empires Africa must be the toilet. No nation worth a damn would get involved there. China will loose its bath investing there.

We have reached the point where colonialism can no longer be blamed for all of Africa's problem. Despite receiving $50 billion of aid every year, Africa has failed to modernize, organize, and raise living standards.

@amiralozse1781

Жыл бұрын

you are on the right track. asian countries like china and india were badly exploited and partially destroyed by western colonial powers. yet by now they are thriving and even outcompeting europe and usa in all relevant disciplines. many without foreign aid whatsoever. most african countries havent moved an inch politically or economically for many decades. there seems to be some very fundamental differences between the peoples of these two continent. just what ????

@lysergidedaydream5970

Жыл бұрын

Bruh

@nas8318

Жыл бұрын

You realize colonialism is still ongoing via puppet governments, right?

@sunshy2808

Жыл бұрын

@@amiralozse1781 well I don't think it is that simple. They werent exploited like lets say black people we cant compare that. Now not only it gave a certain mentality to the said people (they're inhuman and such,black people are better at sport and singing not their head etc) and even their own culture is demonzied,by themselves too (vodoo, religion and such) so they don't even have a cultural influence in the world (bafrican American do- Jazz hip hop ect but not African-people) unlike China. + I really think it's not that simple, colonisation had a major impact although i agree it could've become better but the government is corrupted (that's a consequence of said colonisation) + it makes it easier for other countries(Europeans/China) to exploite does corrupt5ed countries so they won't help.

@mudra5114

Жыл бұрын

@@amiralozse1781 India was NOT destroyed by colonialism. India was the most powerful Industrial power at independence thanks to the British Empire.

In China there is corruption but the building will still get built. In Africa the money just disappears.

@kened8224

2 жыл бұрын

Dude's comparing a country with over 15 Trillion GDP with African countries 💀 who haven't even been independent for a century yet

@cattysplat

2 жыл бұрын

It's almost like there is corruption in every political system. But if there is 100% corruption, nothing gets done. You've got to carve out at least a tiny proportion of functioning government to run a country, which is surprisingly hard when new governments created after colonial powers left, found it so easy to be corrupt without consequence.

@_.YouTubeBad_.

2 жыл бұрын

cattysplat No actual smart politician is in africa because of the africa brain drain, every smart person who is born in Africa moves away from africa

@earlycuyler9760

2 жыл бұрын

Africas incompetence and corruption shines above other lands

@2011arish

2 жыл бұрын

@@earlycuyler9760 they’re so stupid

Africa: “I am seeking 2 billion dollars for a 100% equity stake in my country”

@DS9TREK

2 жыл бұрын

Africa isn't a country

@thunderedsun203

2 жыл бұрын

@@DS9TREK it's a joke

@oriont6944

2 жыл бұрын

@@thunderedsun203 Then why didn't he just say "African Countries", he actually thinks it's a country lmao.

@Yanramich

2 жыл бұрын

@@oriont6944 he obviously doesn't i really dont understand why you would even think that

@ThomasFoolery8

2 жыл бұрын

Average IQ of the populace is in the dirt. And for that reason I’m out.

Teach a man to fish and he will eat for life, give a man a fish and he will learn to ask for more fish. Whether the failing is in the teaching or the learning one thing is clear Africa is not learning how to fish. Giving aid does Zero to solve the problems, or less than that since temporarily hides the underlying problems and kicks the can down the road. What it has done is allow the population to quadruple over the last 50 years and forecasts have it doubling from here by 2050 which just creates a situation where even more help is needed. So you get the Chinese stepping in, still not teaching them how to fish, to create a quasi slave continent. Think about it. The Chinese are the ones doing the developing. When what they build starts to fail who is going to fix it? Africa is a disaster in the making.

@21Arrozito

Жыл бұрын

colonial powers came in, took all the fish and the fishing poles and said "we're going to teach you how to fish, but we own all the fish and fishing poles, and you can't afford our fish or fishing poles. So we'll give you a bit of fish every now and then to feel better about ourselves and we'll let you fish for a fee" that's what was and is happening in Africa (and most of the world)

@bingxilao9086

Жыл бұрын

@@21Arrozito pre-colonial sub-saharan africa had legendary infrastructure, that's why Ethiopia, which was only conquered for 6 years, has a space program and dominates several global industries

@TrangleC

Жыл бұрын

@@bingxilao9086 In discussions like this, sarcasm is hard to detect. Do you mean that seriously or are you joking?

@TrangleC

Жыл бұрын

@@21Arrozito This old fairy tale doesn't get truer just from telling it over and over again. It is nonsense. If it is all the fault of colonialism, then why did Asia get rich? Asia was colonized by Europeans too and it didn't stop them from developing and becoming productive and wealthy. Africans need to stop blaming others first, if they want to solve their problems.

@Alesti5

Жыл бұрын

​@@TrangleC Colonies in Asia and Africa functionned differently. Besides France still has colonies in Africa (though they're not called colonies anymore) France controls the currency of those countries assassinates and elects political leaders and funnels the African resources into its economy. Jacques Chirac a former French President said multiple times during interviews that "without Africa France would become third world country". Look up Françafrique if you want to look further into it. As a French person it pains me to admit that much of our economy is based on exploitation but hopefully if more people become aware of it it may end someday.

personally I think the reason why Africa was, is and will for the foreseeable future will be poor/developing is because they and all the countries funding them are trying to skip crucial steps in state building. what is happening is a much smaller scale of what the soviet union tried doing, in that they (in large part) are trying to fund only the most productive areas of their economies (namely industry) while leaving areas like agriculture to die due to lack of funding, support and labour. and like the soviet union this leaves them very top heavy with their new found economic growth being more than counteracted by the need to import basic resources. In my opinion if an African nation were to try and become more equal on the economic world stage they need to focus on both affordable infrastructure and supporting their basic production before industry

@IdeaAgeConsulting

Жыл бұрын

Both state-building and nation-building steps are being skipped. Of course, many of those African states have primordial challenges as modern nations and states anyway, being held together mostly by the norms and dictates of the international order rather than internal magnetism.

@samialkhammash1985

Жыл бұрын

France is sucking the wealth of 14 african countries for many many years by forcing CFA franc on them. Look it up.

@sheldonhollis5258

Жыл бұрын

All this does is feel the belief that Africans are inferior which is something they prove every century

@paravan2000

6 ай бұрын

Vast majority of African countries have state systems that are similar to 18th century feudal monarchies. They didn't developed the structure of civil society yet and it's disastrous for them in this time and age.

All of this is quite hilarious considering its impact on the current narrative. As the world fights what's left of European imperialism they willfully ignore the new wave of Chinese imperialism.

@-helpergamming-4163

2 жыл бұрын

bro, with the world do you refer to nato gang?

@jeremym4451

2 жыл бұрын

Every country as some imperialist ideals but if you're referring to Nato I have to disagree with you

@wetandsandy1

2 жыл бұрын

@@-helpergamming-4163 I mean any country that can benefit from adopting that viewpoint. Nato, ex colonies whatever fits really.

@-helpergamming-4163

2 жыл бұрын

@@wetandsandy1 ok, but i think is very bad refer to no china/russia gang as "the world" like it was an united front or something

@jeremym4451

2 жыл бұрын

@lalaha burp actually Russia has a lot to lose or win it's a huge Gamble if Ukraine joined NATO it would put Russia in a really bad position

I appreciate highlighting these issues but there's an error in this. The Kenya Mombasa to Nairobi railroad is complete and was extended to Naivasha. A plan to have it reach Kisumu in the West was halted due to lack of funding. That's when they decided to complete that specific section by revamping the old railway. With the port, while there was speculation that it would be seized, both sides denied this was the case. Though neither side has released the terms of the contract. I'll end by saying that this debt trap diplomacy is nothing new, the IMF and World Bank do the same thing though instead of seizing assets, they force recipient countries to sometimes radically implement austerity measures, thereby suppressing their economies and ensuring they remain sources of raw materials and do not compete with donor countries in value addition.

@kyzantia8884

2 жыл бұрын

Giving loans to countries and them making them spend less money to pay back the loans is not the same as annexing key industries and infrastructure for geopolitical machiavellianism. The IMF and world bank give loans to developing nations so that they can grow their economy's and as such elevate global trade, every country that has received loans from the IMF and world bank have seen beneficial impacts (Apart from Haiti due to earthquake) the global economy is not a zero sum game

@shafsteryellow

2 жыл бұрын

@@kyzantia8884 it's worse

@edwardtafadzwafusire1842

2 жыл бұрын

@@kyzantia8884 outside of Europe, please name the countries that have benefitted from IMF/World Bank intervention.

@edwardtafadzwafusire1842

2 жыл бұрын

I hate how so many Western countries complain about what China does yet they have been doing the same for decades, only difference being that key infrastructure and industry is given to private western Multinational companies rather than state owned businesses.

@footyvids7627

2 жыл бұрын

@@edwardtafadzwafusire1842 Pakistan took more than 10 loans and so far they survived. It’s close to being a failed since they spend 20% of their GDP on the military.

The main problem with the assumption that Africa will be the source of cheap labour leading to industrialization is that it ignores the impact that AI will have on costs of production. Africa's cheap labour is unlikely to have much of bearing on global production in a world where it's cheaper to use machines or to produce in space altogether. In this world production won't be outsourced to the country with the cheapest labour market but to the country with the most efficient, developed and affordable AI market. The 4th industrial revolution will flip conventional wisdom in economics on it's head

@victoriousness

Жыл бұрын

Specialized AI for assembly lines has already existed for the longest time, and it seems many companies still find it cheaper to use human labor. Also instead of AI driving out cheap human labor, cheap human labor may actually drive out AI, because the capital, expertise, and infrastructure requirements for AI just don't make economic sense when you have readily available cheap human labor.

@mansasithole

Жыл бұрын

I understand why'd you would think that and you are right to an extent. AI has a much higher unit cost of production than cheap human labour. But AI benefits most from economies scale. That is to say the cost benefits of AI are realized at very large scale production where machines only require maintenance, humans require rest and cannot work as fast as machines. So you think of cost only in monetary terms but the cost benefits of machines relate to more than just money. We can factor in things like time-to market and scale of output, which are all areas machines outperform cheap labour in

@dickiewongtk

Жыл бұрын

That’s why China invest so much in “AI supremacy” 😰

@mramisuzuki6962

Жыл бұрын

@@victoriousness It also becomes impossible to tax AI driven growth and revenue, meaning global taxes will drop, because businesses can easily hide taxable income and the lack of double payroll and VAT income in many countries. This will also create a true need for UBI, but the un-scalable business tax revenue with an easy to scale AI system creates a gap.

@JoeOvercoat

Жыл бұрын

Yes but I think it’s fair to say that China has resources to develop its own AI capacities and it’s doing so today. But yeah, Africa is even more screwed than they realize. The Chinese will acquire their natural resources for pennies on the dollar. China looked at British colonialism and said, “hold my beer”…

Talking about Africa and not a single mention about France... African countries have billions of dollars deposited in Central Bank of France. This is modern form of colonization which is not visible at first go.

@freewal

2 жыл бұрын

It’s very common for many countries to have deposit in other countries to guarantee the value of the currency and their capacity to reimburse their debts. Germany had tons of gold in London and withdraw it few years ago. The CFA franc is stable and is not the cause of under development of Western Africa, many economists say. It’s the opposite. Having a stable money give the trust to investors. Look at Nigeria, they had their own money who crashed, and the investors panicked and left the country. Franc CFA has a fix value regarding the Euro.

@charlestonianbuilder344

2 жыл бұрын

France has vast economic influence in its former colonies because of a habit of not letting go, it tries its best to keep them under their influence, exploiting them also, and if they try to escape french neocolonialism, well the leaders gets assasinated, the country thrown in turmoil, and back under french influence

@mudra5114

2 жыл бұрын

Stop blabbering bullshit, France does not make anything much out of it. African countries approached France for their economic security. France might as well get rid of this arrangement. Any African country is free to leave anytime.

@mudra5114

2 жыл бұрын

@@charlestonianbuilder344 Ridiculous, African leaders interfere in French elections so that they can get first dips on French aid.

@leezhieng

2 жыл бұрын

and almost all the ports in Africa is owned by just a few French companies. no one ever mention that.

Country: *exists* China: just ignore the fine print

@PutXi_Whipped

2 жыл бұрын

You misspelled America but go on.

@lbesavant

2 жыл бұрын

@@PutXi_Whipped or most industrialized nations

@coolfreefullmovies8192

2 жыл бұрын

@@PutXi_Whipped China is the biggest predator. America and the West stopped being assholes a century ago. Now it is just China. Don't worry, China will fall soon too.

@llen156yearsago6

2 жыл бұрын

@@PutXi_Whipped you mispelled every superpower but go on.

@mongoose1628

2 жыл бұрын

@@PutXi_Whipped @PutXi Whipped Yeah China and the US are very similar, both imperialist and capitalist superpowers that have a weird superiority complexes and don't practice what they preach

Thank you for talking about my country UG. Also, Kenya's our Eastern neighbour not southern. Its practically a meme now. When the news came about that we could lose our bloody airport, we were angry, disappointed but ultimately not surprised. We've sort of just, come to accept our situation (of bad political leader) and just work around it. I can't tell anyone that we have a future regardless of whatever statistics there may be of economic growth. Voz we've had our guy and his cronies for 3 decades with no real plan economy wise and no real viable alternatives coz even if we have elections, replacing him politically would require the police and army not to be in his pocket. Which they are. The new guy will suffer a military coup, and elections are just 5 yearly dramas between the establishment and the youth who are still optimistic without really understanding the obstacles (they'll learn to be pessimistic soon). The majority of the population doesn't bother so..... Yeah, we're basically fu**ed 🤷🏽‍♂️🤷

What many people ignore is the impact automation and AI will have on Africa's growth as many industries will probably go back to developed countries if it happens within this century.

@liselottehildegarde5367

2 жыл бұрын

IKR. Many people seems to forget that AI will also effectively replace middlemen, retail, and even low difficulty white collar jobs. kzread.info/dash/bejne/aYSlj7VuZZq-gbg.html

@Name-kd5jj

2 жыл бұрын

Exactly. I think that we're in for a big reckoning with global shortages. With a possible war with China on the horizon we will be totally cut off from all of the Chinese made goods. Americans will not be able to buy ANYTHING. This will push western countries to become as self sufficient as possible.

@KarlosEPM

2 жыл бұрын

Africa will still be exploited for its natural resources.

@Churros1616

2 жыл бұрын

We don’t know that

@3c3c3c

2 жыл бұрын

@@Churros1616 considering turmoil in developing countries, and rising hostility of China, keeping industry at home is becoming more and more a good idea

Wow. Did you do any research from 4:00 going forward? Kenya is East of Uganda. Kenya did not almost forfeit Mombasa as the Supreme Court shot down any such notions. Mombasa is not the largest port in Africa. Anyway. Lemme leave the video because it's pure hogwash

@JcoleMc

2 жыл бұрын

This man will soon learn how useless Wikipedia is outside the western sphere

@kiritugeorge4684

2 жыл бұрын

When I heard the southern comment I wanted to immediately comment on how ridiculous it sounded but I decided to scroll through the comments because surely someone must have heard it first and pointed it out already.

@tonyf3431

2 жыл бұрын

he said Mombasa was the largest port in Kenya, not Africa ("the country," not "the continent").

@mwanikimwaniki6801

2 жыл бұрын

@@tonyf3431 He said "Mombasa, the largest port in Africa". What are you talking about!?

@mwanikimwaniki6801

2 жыл бұрын

@@kiritugeorge4684 It's ridiculous manze

In retrospect this aged like milk. Entebbe airport is the most dysfunctional airport i’ve ever been to (going there in a week to visit my family) and Hoima airport is a flying castle that wont open for a goddamn while. Chin has imo made no improvements to Uganda and the plan has been cancelled. I would know as an airline transport pilot born in Uganda…

Give more money and watch it disappear into BMW's, European bank accounts.

@KingOfParrots

Жыл бұрын

You’re a simple minded person. You do not understand anything.

I know that Europe fucked up Africa in the past. But come on, you had decades to improve your situation. Look at Japan, South Korea they are now rich. South East Asia is progressing.

@didforlove

2 жыл бұрын

Singapore thailand philipnes asia is rising verry nicely

@nanasakyi5496

2 жыл бұрын

Colonization and racism were major factors in the disruption in African governments. Not only has colonization had a huge impact psychologically on African governments but African systems of leadership and organization are fundamentally different. Just like even in the west, the US has a presidency and the British have a monarchy. Same thing in Africa. Africans had their own systems of government that worked for them and because THEYRE STILL AFRICANS they have AFRICAN WAYS of doing things. Hence why the governments of Africa don't work all that well compared to countries like the US.

@hellodanknessmyoldfriend6101

2 жыл бұрын

@@nanasakyi5496 bruh, the Koreans were brutalized, the Japanese were destroyed and the South East Asians were literally colonized too yet they don't dwell on the past that much.

@BillyTheBeast

2 жыл бұрын

@@hellodanknessmyoldfriend6101 France don't control South Koreas and Japans currency now do they? When was the last time Western intelligence disolved a South Korean leader in acid??!!

@pvzfan4208

Жыл бұрын

“Europe fucked up Africa” I agree, we fucked them up when we decided to leave.

1. Kenya isn't Uganda's southern neighbor. That's Tanzania 2.Not a single mention of the massive corruption issues in Kenya and Uganda that have stalled infrastructure projects and allowed the Chinese to come up with badly skewed contracts in their favour. This is what happened in Zambia where the drunken fool named Lungu let the Chinese wreak havoc as long as him and his associates got kickbacks. Same case with Kenya, Uganda and Ethiopia who are all on the brink of a serious debt default.

@gabesegun7966

2 жыл бұрын

My friend you forgot to mention the worst of them all..Nigeria

@jghifiversveiws8729

2 жыл бұрын

Don't forget Angola. They've been shipping oil to China completely free of charge in order to pay off their debt.

@jpetras16

2 жыл бұрын

I'm pretty sure the problem is Africans.

@holytrashify

2 жыл бұрын

They'll blame it on racism

@r.a1301

Жыл бұрын

No mention of the French assassinations in Africa

China is smart af. Loan out money to countries that can't pay it back then take a seaport or airport as collateral. Then China can demand favors for it back.

@mrrandom1265

Жыл бұрын

They are smart and don't feel bad for the local people. They look at Africa and they know that people there can't be saved. So why not exploit them in the mean time. Then they look at the US and Europe and realize that Africans there usually earn less, achieve less and commit more crime. So they protect their borders and don't take many Africans. China is smart, the west is dumb.

Without outside influence, nothing gets done. The leaders do tend to fight their own people.

This is rich, Africa is poor because of the wests colonization and neo colonization of Africa, and not because of it's nominal independence from Europe, idi Amin had Britains backing for a time.

The problem with Africa is that they are so poor that they are shortsighted. There is no concept of ownership and generational wealth amongst most Africans, once a business becomes successful or they begin seeing a profit they sell.

@jamesnjenga813

2 жыл бұрын

Hoe many buisnesses have you bought

@jackieroberts2625

2 жыл бұрын

Wow, u summed it up so nicely. It's all our fault that we've been exploited for centuries. Come to a country in Africa and get educated or just stay in ur country and keep ur mouth shut.

@AlexanderLittlebears

2 жыл бұрын

@@jackieroberts2625 bullshit. every country was exploited.

@_.YouTubeBad_.

2 жыл бұрын

Jackie Roberts Have you ever heard of the African brain drain? Basically, every single smart African moves to Europe or North America

@jpetras16

2 жыл бұрын

I'm pretty sure the problem is Africans.

Africa suffers with corruption coming from the leadership class and also a lack of a well educated population.

This video in a nutshell : China Bad

@matateto3775

6 ай бұрын

reality in a nutshell: China bad

Why did you use a mountain shot at 0:10 from New Zealand (Monkey Creek on the Milford Sound Road -44.8008482,168.0216307)?

please stop referring to Africa as a single nation. Not saying this video is false. but this only applies to some African countries.

@GabiN64

2 жыл бұрын

Yep. It's a clickbait title

@lamentoffalsefacade2.064

2 жыл бұрын

He's probably referring Africa as continent. After all most African countries share the same issue, corruption, poverty, food crisis ECT, so it make sense to simplify the video.

@egy9822

2 жыл бұрын

@@lamentoffalsefacade2.064 but not including north africa!

@vongocrazy5474

2 жыл бұрын

@@egy9822 North Africa countries go through the same issues its not on the same scale as other African nations

@egy9822

2 жыл бұрын

@@vongocrazy5474 of course, i’m sure there’s corruption and poverty everywhere in the world

Great video! This is a great idea, You should make a series on the economy and growth of africa and the countries in it. It would be a good way to build a audience about economies.

@CasualScholar

2 жыл бұрын

Thank you! That's an interesting idea Ill keep it in mind!

@kartofff

2 жыл бұрын

@@CasualScholar With a bit of luck, that could be a chance for Africa to gain some actual freedom of action, in the corners that have enough water but few minerals and not too much forest.

@user-fo9hs9ep8g

2 жыл бұрын

@@CasualScholar Please be accurate on your assertions and hard facts. The military base in Djibouti is permitted by Djibouti not related to what you mentioned for Srilanka. The are other similar bases of USA, France,.... I agree Africa is becoming dependent on China and China is taking advantage. However, unlike western loans it is based on mutual consensus and without political demands.

@williampearson6299

2 жыл бұрын

@@CasualScholar Africa needs to depart from Western values, they are toxic, Eastern values are actually more constructive at the moment. Individuality in the West is killing its people.

@samwilliams4775

Жыл бұрын

@@CasualScholar I hope CIA paid u the 1000 $ they promised for posting any anti Chinese article or content

The reason is cultural values - look for “Inglehart-Welzel cultural map of the world”. It makes pretty clear why some countries are better off than others.

This is why Malaysia refurbished the old KTM tracks that ply their major cities to do 140km/h, this is what Kenya should've done. There's nothing wrong with refurbishing what the British left, it beats having your current predicament. I wish Kenya all the best, may the tracks reach Uganda.

@ndorobei4391

11 ай бұрын

That's true. Indonesia also still use Dutch railway and train stations. Only need good maintainance and new trains.

@potatoeskimos

7 ай бұрын

@@ndorobei4391Unlike Indonesia, Africa will never have high-speed rail.

@MdIbrahim-bk3vy

6 ай бұрын

In India we still use British made railway system and trust me now we need upgrade

@MrBoliao98

6 ай бұрын

@@MdIbrahim-bk3vy and you're better than them, you're not in debt.

i think the west should stop 'aiding' africa because it doesn't help and just maintains the status quo. africa should step up to it's own game and build itself without outside interference. at this point it just feels like a continent of wasted potential while it could have the potential to be amazing. africa has it all. the natural riches, the manpower, the cities and industry. it needs to just grasp it instead of infighting and selling it to foreign nations.

@fallyn2920

Жыл бұрын

@@shakespearefan if you'd pay some attention you'd notice that Africa is currently being colonized by the CCP and thus colonized by communism. Not that it makes a whole lot of difference to Africa as a whole, but i suppose it will make you happy to learn it's currently exploited by communists, not capitalism.

@Karlach_

Жыл бұрын

Africa is a failed continent. We the West need to stop trying to help them and focus more on our own nations

@xerogue

Жыл бұрын

The reason for African failure is super simple. This guy made a video "why is africa poor" and talked about China China China.. Hurr durr china hurr durr. typical westerners. Africa is poor because it is exploited by the west for its natural resources. End of story. Africans now see the Chinese as a good model to escape their poverty trap imposed by the west, and naturally, westerners want to demonize China for providing cheap loans to develop their countries. And don't talk about aid, when your aid is nothing but perishables. Capital is what africa needs, capital which the west purposefully never gives.

@christiankubina4501

Жыл бұрын

I think the total opposite. You see what happens, China and Russia goes in and western world loose control of an important part of the world.

@fallyn2920

Жыл бұрын

@@xerogue good thing at least some usefull partnerships are established. I feel all western aid funds just keep their bosses rich and never make a meaningfull change because Africas suffering is a source of income. Really hoping the continent can make a nice turnaround without being exploited all the time :)

It will never happen... China already stared automating almost every aspect of industry... They don't need cheap labour, They need skilled labour now. No matter how cheap Africa gets they can't beat free labour for 20 years... At most Africa will be used for it's resources again. African nations must grow on their own or they will never grow...

@amazingsupergirl7125

2 жыл бұрын

Hmmm why does America still use China for cheap labor?

@PAIP_Studio

2 жыл бұрын

@@amazingsupergirl7125 Well for one they are lazy... Like the rest of the world. Second it is cheaper. They don't want to invest in the infrastructure when they can get products for practically nothing. Finally all western countries have enormous levels of red tape that slows any developments down to halt. Or do you think that Chinese employers offer universal health insurance and safety equipment to their workers?

@aleale6277

2 жыл бұрын

The USA got them on a choke leash

@PAIP_Studio

2 жыл бұрын

@@aleale6277 No... not at all... China has more political players in western countries than the other way around. The US is not going to do anything if the highest generals and politicians are loyal to China.

@justsomepainter1629

2 жыл бұрын

And they should stop blaming whites since they had all their independence for so many years, it is just laziness and incompetent governance if they can't be rich after all those years of independence

The poor myth has already been debunked and disproven. There would be no multinational trade and investment, let alone corporations based in Africa if it were 'poor'. The only questions is, how do we stop the annual illicit outflows of Africa's wealth and resources by the Europeans to the tune of $84 billion, but also the supposed legal tenders involving Western corporations that sees substantial profits leaving the nations of Africa. Sidenote: $500 billion in 'colonial tax' is collected from Francophone African countries year on year by France. Now is that poor?!

@UzumakiNaruto_

11 ай бұрын

*There would be no multinational trade and investment, let alone corporations based in Africa if it were 'poor'.* International corporations are in Africa because the continent is rich in resources. The majority of African people are poor because of incompetent and corrupt governments and very violent and criminal populations who are completely incapable of living peacefully with each other and working together towards a common goal. If you don't have a competent government and a peaceful, hardworking population then you will never be able to progress and advance as a nation. Even Africans who find their way into western countries whether legally or illegally are far too often bringing the same violent and bad behaviors that wrecked their homelands to begin with. Imagine escaping your poor, violent home country to a modern, civilized western nation and then instead of taking advantage of a great opportunity to 'build a better life' for yourself you instead choose to wreck your new home and make it the same as your home country? How insane is that and yet here we are seeing that very thing happening right before our eyes.

@Markov16

10 ай бұрын

​@@UzumakiNaruto_ The incompetent leaders and government thay they've been put in to lead while killing the other great guys? You lost that part or you are ignoring the West misinforming agenda that most of the leaders were always framed on a bad side when they are going against them. Africa is poor but because someone preventing it, not actually because of the common people but instead because of how they constructed it in the Cold War and leave it afterwards isolating themselves on the Francophone and Horn of Africa with new other competitors. They doesnt need to hide it anymore, they just needed someone to smuggle it out for them and using those IC as well as a great combination for much decline that they wanted. They fail to project much of Africa nowadays, mentality of those people that you are showing isnt mean that most of the people are just like them. I guess it shows also how most of the countries lived on a way that isnt how Africans lived much simple life than them I find that comment of yours really on the negative side.

People don’t realize that the problem resides in the fact that none of the companies that own anything in these places are owned by the people/nationalized so all the wealth is extracted and not put back into the country

@bigevil1001

2 ай бұрын

By design.

Since the previous colonial powers willing to offer non. It’s either the Chinese money or no money at all. It’s the only option they had.

@Seb1l

2 жыл бұрын

When "the west" does it's bad. When "the west" doesn't it's bad. But when China does it...

@royhuang9715

2 жыл бұрын

The precious colonial powers does offer money but it also come with debt traps and regime changes. So it’s either Chinese money with no regime change or western money with regime change. Losing a port or airport to China isn’t as bad as losing the entire country to Western powers. Shitty deal left and right.

@realtalk6195

2 жыл бұрын

That's true in some cases but you should ask WHY they were refused loans by countries, NGOs and private banks alike. Some states simply cannot pay back the money, so them taking China's loans will just lead to the inevitable. Also, what these all videos mostly ignore is the unofficial aspect: making contracts with China, whether that's construction or weapons sales, results in large commissions and bribes for politicians and middlemen. So they are incentivized to encourage larger and larger purchases or loans. Because the bigger the deal is, the more kickbacks they get.

@royhuang9715

2 жыл бұрын

@@realtalk6195 I said clearly in case of western loans, the string attached is normally regime change or policy change. Some countries don’t want that, some are financially in trouble and can’t pay back. But those with financial troubles isn’t getting a lot Chinese loans either. It’s a loan not a grant or aid.

@kevindukelow6600

2 жыл бұрын

When African countries escaped colonialism, it was often USSR money or no money at all. They turned to communism after becoming independent. The most economically successful African countries after colonialism turned to capitalism, but there were only a small handful of nations that did.

It’s genuinely scary some people watched this video thinking they came away smarter, it’s as if he did no research for any of this. The entire second half of the video is unwatchable.

@Helperbot-2000

Жыл бұрын

k, educate us

My wife is Ugandan and I visit the country every year. I suspect that those Chinese clauses were put on contract because of the corrupt environment in the local civil services. There are dozens of people working in Entebbe airport with no real work objective. For example, there are 10 people guiding you when you walk to the plane to avoid getting in the way of the turbines when the same job could be done by portable safety railings! In all seriousness though, those countries reached out to China because they know what IMF is like. Handing over some infrastructure that's actually built by the Chinese is not as bad a a perpetual debt that dicates all policy. The biggest port in Greece was taken over by the Chinese and this has actually brought more jobs for the locals and even wages have improved.

"Attributed to major political instability since it gained its independence in 1962." how about before that? you put it as if it's the root cause, what about before independence? was it prosperous when it was occupied?

4:09 That's just what happens when you loan to low-income countries. If you look at the total number and amount of loans given from China to Africa, an overt majority of them are given to countries that could reasonably support that debt. If China was trying to get countries to default on their loans, you'd think they'd go after countries that couldn't. The defaults are not the rule, they are the exception. When Sri Lanka gave up that port, China didn't go to them, Sri Lanka went to China. And besides, you can't just build a military base on properties you technically own, that's a massive violation of legal and political codes and would jeopardize China's relationship with Sri Lanka. The only way that base is built is if Sri Lanka wants China to, and that needs a lot of political favours. How do you get those favours? By building what they want, AKA, large-scale infrastructure projects. China isn't good or evil by giving out these loans, they're merely tactical ways of getting friendly with the continent that could be home to the next superpowers, along with getting control with critical maritime routes. However, it should be noted unlike Western loans, China doesn't care about liabilities or how long it will take to build it or anything else. All they care about is how much money they make and when they can start. This cuts through all the red tape in with Western loans, making them more appealing, while also increasing the risks of default. But the companies or China doesn't really care, they just want to get paid. This is why corruption is a common theme throughout Chinese loans due to the off-hands, zero red tape approach. Also, your title is wrong. As most of these loans are paid off, giving China money and better diplomatic ties and the African country the infrastructure they need, they will have the basis to use their cheap labour and natural resources to become rich. And since China's so closely related with these countries, they're going to be getting a big slice of the pie. Again, not just good or evil, just tactical. If the West wants Africa to stop leaning toward China, they're going to need to embrace capitalism and engage with competition. This will end China's monopoly on large-scale infrastructure projects, bring prices down, quality up, and decreasing Africa's slide to China. Believe it or not, countries tend to like other countries that care for them.

@lynth

2 жыл бұрын

Yeah, this entire video is anti-Chinese propaganda. China has never "debt trapped" a country. I dare the creator of the video to name one example.

@raindance7739

2 жыл бұрын

The price of infrastructure being built in the West is ten times that of China, and the completion time is ten times that of China. Before the rise of China, the West was a monopoly. The West can rely on this to obtain huge profits from developing countries. After China's rise, the West has completely lost its competitiveness. Therefore, the West constantly uses various media to sow discord between developing countries and China, and spread rumors that China has set up "debt traps" for developing countries everywhere. However, the dilapidated infrastructure left by the West in Africa was the need for plundering African resources and selling slaves when the West colonized Africa. Since the West withdrew from African colonies, little infrastructure has been built for Africa. China and various African countries are in an equal and cooperative relationship. African countries have needs, and China has evaluated them as reasonable. Therefore, China is building infrastructure for African people, which has greatly promoted the development of Africa. China is not forcing Africans to accept Chinese projects and make money from the "debt trap", as Western media have suggested.

@wafelswafels8613

2 жыл бұрын

@@raindance7739 You say western but do you know what that means? When we are talking about bad things that china does we are talking about america, europe not bc they don't say bad things about china or make propaganda about it or whatever.

@wafelswafels8613

2 жыл бұрын

@@raindance7739 And yes europe also use dicord, insta and blablabla but those are controlled by america you know.

@davidjeanmichel8358

2 жыл бұрын

france paid 100 billions of africans debt for help them to grow (because it limit immigration in europa) and they instantly restart with china lol

The reasons why Africa will always be poor are obvious, no one can talk about them without being banned.

@GeorgTheGr8

2 жыл бұрын

Can’t be allowed to criticize the chosen people’s pets!

@Actor_bad24IK

2 ай бұрын

🤣🤣this topic really excites people like you...we must coexist.Wr found ourselves inside a blue sphere.No one knows why.

Thank you for this information

Does anyone know the music used in this video? Particularly at 7:22 onwards.

From European imperialism into Chinese one.

@GTAVictor9128

2 жыл бұрын

To quote an underrated masterpiece of a movie: African nations: "China has freed us!" China: "Oh, I wouldn't say freed. More like: Under new management!"

@GoldenSnake32

2 жыл бұрын

The Europeans also have a large part in keeping Africa poor.

@kevindukelow6600

2 жыл бұрын

Not just European colonialism, but many newly independent African nations turned to communism thinking it would improve their situations. Didn’t quite improve anything as they thought it would.

@CountingStars333

2 жыл бұрын

Europe and American exploitation is still there. Don't worry.

@johnpablo2772

2 жыл бұрын

Got to be a white So it’s okay under European “imperialism” but now that the Chinese doing it it’s just god awful But if your white people doing it It’s okay

As a Congolese myself, I believe africa simply cannot get aid right now. currently, there should be more effort in stabilizing governments, writing more powerful constitutions, and and try to create more stable government for many african countries. Possibly an organization that could make this occur. Then you could begin sending aid and developing even more countries efficiently, and preventing corruption which will eventually turn into developed 1st world countries. But this will tale a very long time.

@jpetras16

2 жыл бұрын

I'm pretty sure the problem is Africans.

@paintingdreams290

2 жыл бұрын

thing is if ethnic and religious issues arent fixed the likelihood that Africa will be fixed is rare bc i feel this among other things such as power lead to the millitary juntas, civil wars and coups. It may not be direct but i do think it is an indirect affect to these civil wars so that needs to acknowledged first before u start fixing up.

@MariosDoumou

Жыл бұрын

African countries need good education and only then a stable gorvenment can be possible. Aid is non existent in this capitalist world. Aid nowdays mostly means exploitation. Investment is the correct term and that can come only after the education and political stability.

@ryanwaugh1

Жыл бұрын

Only Africans can stop corruption by standing against it. As long as there is corruption Africa will remain a failed state.

@beefpatty5991

Жыл бұрын

Every person who tried restoring the continent are mysteriously killed. I wonder who’s killing them

Like Thomas sowell said Africa has geography problems,raging rivers and hardly any deep water ports on the whole continent. The only river that's really navigable is the Nile.

You got to be in the lead in development to stay or become a powerful nation. As a continent having the resources with very few countries benefiting from it points to countries that lead in development. If a country is way ahead of you chances are it always will be and countries with resources suffer the consequences. And now you stay poor, while the others stay rich. Same concept with huge fortune 500 companies.

@itzamia

Жыл бұрын

@@rudyalarcon3532 You can't have it both ways. Unfortunately, it takes some to sacrifice for others to succeed. In a free market where you can florish is the opportunity that separates the rich from the poor. It's the balance.

Making a deal with China is like making a deal with the Devil

Okay but the alternative was the IMF and those loans are significantly more damaging to 3rd world economies. It’s not even close.

@kerryannegarnick1846

2 жыл бұрын

Also there are multiple cases of China just forgiving loans that countries cannot afford.

@a.i.m.f8567

2 жыл бұрын

China is a dictature, not a charity foundaton. They expect something in return, it's not because you dont see it that it doesn't exist.

@kerryannegarnick1846

Жыл бұрын

@@sanele. yep. The Chinese are looking for mutually beneficial partnerships. While this leads to them often doing things that I disagree with (for instance China aiding Ukraine in the current conflict), the west is so much worse.

@chemreac1

Жыл бұрын

This channel is a complete and total capitalist propaganda machine that completely ignores everything the West has done to destabilize and exploit the developing world. I'm working on a video to expose the lies of this video and the 'Why Latin America is Poor' video soon. Subscribe and hit the bell if you want to be notified when it comes out

It’s a shame too since if Africa got competent leaders and was able to push foreign influences outside of it and then unify, they’d have the potential to become a massive superpower.

@Nobody-pq6bw

2 жыл бұрын

They would have to go through more than just those issues to obtain a superpower status

@soar5840

2 жыл бұрын

Africa had many good leaders but they usually get assasinated

@TheRandomMuffinMan

2 жыл бұрын

@@Nobody-pq6bw oh of course. But I’m saying Africa has that potential which is what makes it a shame. Granted, exploitation in if itself isn’t a good thing either, but it’s made worse when said place has the potential to rival or surpass existing powers.

@Aminu-qc5ww

2 жыл бұрын

​@@soar5840 this is exactly what happened in the past of africa

@aleale6277

2 жыл бұрын

Unify? They would kill each other in few years

ah yes. Its chinas fault for building infrastructure to help africa, and not the US or europe who has been exploiting the entire continent for centuries. + 10 FICO credit for maintaining goodthink in the west!!

If the bank gave me the loan, should i not follow the bank's rules? Is it that complicated? Are there banks that dont do that?

Great video ! 😃

@CasualScholar

2 жыл бұрын

Really Appreciate it! Glad you enjoyed

@zakyeeet5731

2 жыл бұрын

@@CasualScholar yep you re doing great just keep it up for quite and you will succeed, out of curiosity how long does it take to make these (videos with editing writing and talking combined ) and is this more of a hobby or a attempt to make this you re main job ( which you will be able to if you keep doing what you re doing 😊)

@CasualScholar

2 жыл бұрын

@@zakyeeet5731 Appreciate the curiosity! This video in grand total took about 85 hour. 35 researching, 15 writing, 3 recording ,and 32 ish editing. Currently this is a hobby with the hopes of it becoming big enough to do full time but nonetheless I'm having a great time making content! Its been a particular busy time for me however my schedule clears up soon and I can increase the quality and quantity of the videos.

@zakyeeet5731

2 жыл бұрын

@@CasualScholar thanks good luck

@husted5488

2 жыл бұрын

The video is bad

The Marshall plan was free money. Donations from the US to Europe. The belt and road is predatory loans to developing nations. You really can’t make a comparison between the two.

@CasualScholar

2 жыл бұрын

It was to show the sheer amount of money, not their purpose.

@jasonmain6398

2 жыл бұрын

The United States has received the marshal plans budget in marshal plan loan repayments. Not sure what you're talking about..... also the plan explicitly was to develop markets for American goods and generate goodwill to create and expand an alliance against its rival. To pretend it was altruistic or simplify it is just that. Simple.

@emp437

2 жыл бұрын

either way it’s still beneficial for these african countries. The west isn’t helping them so what should they do?

@AT-AT26

2 жыл бұрын

yh, better example would be IMF loans since u have to take neoliberal economic policies to accept that money. Neoliberalism is pretty bad for developing countries and keeps them poor like 90% of the time. Because they stay poor they have to accept more money and western business interests doing whatever they want in their nations.

@leihtory7423

2 жыл бұрын

and the US Military bases in Europe?

Do poorer countries never read the fine print?

@redi6460

Жыл бұрын

No education

@bigevil1001

2 ай бұрын

Who cares about the fine print? The people get hurt not the politicians.

What Africa needs is less debt traps and more young people at college and university, guess what, the curriculum is basically free while enabling you to build great things.

@defeatSpace

Жыл бұрын

The only information you can't reliably get relates to building fusion weapons, particle accelerators, avionics, and pretty much everything else relating to military power. Good thing is after you build yourselves up with college education, the next few generations will get to grow your military knowledge and power.

@TheSwedishHistorian

Жыл бұрын

its mostly a corruption issue. And the people that do get educated leave

What does it say when the DRC (3 1/2 times bigger than Texas) has less than 1,000 miles of paved roads (TX has 680,000)? Or that Nigeria wants to be a "superpower" with 1/3 illiterate and 1/3 of all children not going to school? Or that every country in Africa ranks near the bottom in Corruption and the Freedom Index? It tells me things are not improving any time in this century

@plus_2853

2 жыл бұрын

That's not true stop generalizing Africa is a huge continent some countries are improving and others not

@castorchua

2 жыл бұрын

@@plus_2853 Overall, there is little improvement

@neonbunnies9596

2 жыл бұрын

Africa has the cheap labour, demographics and natural resources it can sell to other countries to pay for things like education and infrastructure, with a few loans of course. India is seen as another potential superpower, despite 313 million people being illiterate. Things can change very fast, the entire 20th century should tell you that. Botswana has some problems to figure out, but it essentially became an economic miracle, and other Africa countries are bound to follow suit. Besides, stranger things have happened

@smb123211

2 жыл бұрын

@@neonbunnies9596 Botswana did not "become a miracle". They followed a path that differed from other form colonies (kept the British for advisors, chose academics (vs dictators) as leaders, retained markets, etc). No nation is "Bound to follow suit". South American nations have had the US example of success for 150 years and squandered it with class battles and (again) refusing to invest in human capital. Some don't like to hear it but in 50 years African will probably be about where it is now - mired in poverty.

@neonbunnies9596

2 жыл бұрын

@@smb123211 predicting the future is betting against God, so in all likelihood, we're probably all wrong. However, Africa's cheap labour, demographics and natural resources, along with foreign investment from superpowers fighting each other over control of Africa for the above reasons, will likely turn at least some African countries powerful enough that they can begin influencing their power outside their borders, at least to a limited degree

Traveling around, I can say that countries that have a culture centered around education and a certain work ethics work better. That's why some countries miraculously went out of poverty after horrible conflicts and wars in quite a short time like Germany and Japan and others don't with all the resources and aid in the world.

@rodrozil6544

2 жыл бұрын

Germany and Japan have been having educated population but US aided them to rebuild on conditions.

@impressions9558

2 жыл бұрын

@@rodrozil6544 True, it did indeed speed up the economic growth but without the mentality, the money and aid would just end up in the wrong pockets just like it happened in my maternal country. When living in Yemen for a couple of years I paid my gardener extra bucks thinking that I would help his family and what did he do, like many in the country, look for a young teen wife (second wife) to marry and have even more children. What a terrible mistake. Mentality is key 🔑 for economic success.

@guzilayerken5013

2 жыл бұрын

You may need to add to your historical knowledge, the "Marshall Plan", it's not like they didn't receive aid, and that aid came at a lot of cost.

@balabanasireti

2 жыл бұрын

@@guzilayerken5013 Again, money isn't wort anything if you don't how to use it. Most corrupt countries would waste that money but countries like Germany and Japan used it well and didn't have lazy and corrupt leaders.

@joelkoffi2806

2 жыл бұрын

That’s true however Germany and Japan had to trade their sovereignty to stand back up

Resources do not make a country rich, skills do.

@genericwhitemale9566

6 ай бұрын

Depends what the resource is. Oil/Minerals can make a country absolutely fucking minted but if you don't use that money to diversify the economy, your country will collapse once the oil wells/mineral deposits run out.

I wonder what goes through the corrupted leader's head when they take all the profits and watch as the world advances while their people are suffering. Driving their luxury cars in a shitty city and cheap "suburbs". Makes me depressed but also wonder if the money is even worth it. Because theyre not even THAT rich so i dont get how they convince themselves

I am a Korean who is right next to China, so I know China very well. At first glance, China's One Belt, One Road policy appears to be a mutually beneficial and pro-globalization policy, but in fact, it is a policy that reflects China's thoroughly nationalist ideology, which inevitably harms all participating countries. The Belt and Road Initiative mainly lends capital to underdeveloped countries by encouraging the development of infrastructure such as ports, airports, and roads. However, in the case of infrastructure construction, the condition that a Chinese company must win the order is always included in the contract. Chinese companies that are in charge of infrastructure construction also transport various materials, manpower, and even food necessary for various construction works from China. Therefore, the country that builds the infrastructure will not get any benefit from the construction process. This is a very vicious structure in which money only flows from the Chinese government to Chinese companies, and only Chinese employed by Chinese companies make money. If the country borrowing money for infrastructure construction fails to repay its debt, the facility will fall into the hands of China.

@avavo3233

Жыл бұрын

?

@linustehminus

Жыл бұрын

Ok and? China is still helping develop infrastructure in Africa, greatly boosting the African countries in the long run while gaining soft power themselves, it's ultimately a win-win situation. Therefore, if you don't want China to help Africa, you have to help them more, which isn't ever happening because of Western bureaucracy.

@avavo3233

Жыл бұрын

@@linustehminus I agree

@maureenotis99

Жыл бұрын

because South Korea has US troops stationed and obeys us orders, your opinion cannot be trusted.

@Eddyke

Жыл бұрын

@@linustehminus western racism

You explained how and why China is taking advantage from Africa but you never explained WHY IS AFRICA STILL POOR??

@dhao3343

2 жыл бұрын

I think this video already tells you the reason. They have cheap labors and they have dictators and corruptions just like China, which seems to the secret of economic growth for China, but they can’t make money from them like Chinese. And they let Chinese trapping them into debts. I can only assume they are stupid. There, you found the reason. I think the only reason they cannot get loan from western countries is because these countries are too responsible to let them got trapped by debts. You’ve got 3 reasons why they are still poor: they are stupid, western countries are too responsible and Chinese are trapping them.

I made a charity orphan spirulina farm in Fort Portal, Uganda, now serving five schools. I wonder how we can leverage this information

Casual Scholar Please tell me how the approaches of the IMF, the world Bank and the west is different?

China setting conditions to ensure the return of the loaned investment isnt communist oppression, is cold and capitalist financial secuirty

@denizyilmaz5381

2 жыл бұрын

They are not setting conditions to ensure the return of the loaned investment. They are purposefully making loans they know will default and put predatory conditions to those loans. The aim is not to loan and get the loan plus interest. The aim is to loan, in order to take over key infrastructure and using weak or corrupt local leadership for this aim.

@alicedog368

2 жыл бұрын

how ironic lol

@SaraSara-kr6sp

2 жыл бұрын

Government lending money to other government is not capitalistic is it?🤔

@briandenning4851

2 жыл бұрын

There seems to be a changing definition of what capitalism and socialism is. People want to move the goal posts by defining everything under capitalism so the system can be blamed for the negative shit that's happening in the world. The money is lended from state owned banks. I'm not blaming socialism one bit, but blaming capitalism is incorrect in this situation.

@mustyHead6

2 жыл бұрын

Capitalism when you loan money.

I think the number 1 factor people will always forget that contributes to poverty world wide is simply having too many children , too early , and too many broken single parent households.

@cypdashuhn1603

2 жыл бұрын

Wtf no reason number one why Afrika is poor, is because the entire continent is being exploited since colonization. You stay poor if your employer doesnt pay you

@balashibuyeeter2704

2 жыл бұрын

Having like 1 or 2 children wouldn't help the economic growth of a poor African country either. So 🤷‍♂️

@SherlockHo1mes

2 жыл бұрын

Having many children is a feature of many poor countries but it is not a cause of the countries being poor. As countries get richer, the birth rate tends to decrease. You have mixed up the cause and effect.

@jirkazalabak1514

2 жыл бұрын

On the contrary. Many developed countries wish they had this kind of baby boom, because their welfare and healthcare systems are heading for an inevitable collapse. The problem in poor countries is that while high birth rates provide a lot of potential, most of it gets wasted because the children are not properly educated and economically integrated. The education especially is very difficult because of how complicated the modern economy is. Teaching people basic skills like reading, writing and counting is simply not enough anymore. This leaves most poor countries with a population that, while being a lot more demographically healthy than that of developed countries, can´t really compete on the global market. This makes it difficult to attract foreign investment, because the companies would usually have to train their employees themselves.

@liselottehildegarde5367

2 жыл бұрын

@@jirkazalabak1514 Whatever benefits an ENORMOUS population could get are easily wiped out by the upcoming AI Revolution. Not even white-collar jobs are safe. kzread.info/dash/bejne/aYSlj7VuZZq-gbg.html

As an African every time I see a why Africa video I can almost guess that the essay will not acknowledge that IMF and Western countries have done this to Africa and will do this to Africa if China steps out. China is offering more money and longer repayment periods with less political interference and cultural moralisation. The problem is not China the problem is breakages in African countries. The loans fail to do what they intended to do.

@balargus319

Жыл бұрын

The Belt and Road payment periods are less intrusive, but the sources I found do not agree with your statement about a longer payment period. In fact, the 2017 package just had a repayment period of 10-years, compared to the 20-28 year period usually offered by the IMF.

@aaronl5826

Жыл бұрын

@@balargus319 Can you provide a link?

@godslittlecrayola

Жыл бұрын

Tbh Chyna is no different than the West when it comes to spreading their ideals and their influence politically is worse. They are always pedaling their propaganda almost forcibly, just that it's not effectively delivered. But I agree with what you said for the rest of it.

@godslittlecrayola

Жыл бұрын

@@aaronl5826 try searching for it. Person may not see your reply.

@ms3862

Жыл бұрын

China sitting on $3 trillion of bad debts from belt and road loans; you say they are better loans, I say they are still bad loans because no one is paying them. The lack of payment is because the loans are used to build infrastructure that has no value - look at Sri Lanka they built a 8 lane highway that 100 cars per day use. China is very good at wasting money on infrastructure just for the sake of spending money. When the Chinese economy crashes its going to send them into a Great Depression

Corruption, outside interference (making up borders etc), colonialism and capable people leaving are some of the major problems in Africa

Bruh this video doesn't explain why africa is still poor, and it just shifts all the blame from western countries to china.

@williamlindskog3646

2 жыл бұрын

yea?

@octaviantudornedelcu9329

2 жыл бұрын

@@williamlindskog3646 indeed, if you have to say otherwise i will be here to listen to your opinion

@williamlindskog3646

2 жыл бұрын

@@octaviantudornedelcu9329 perhaps it is not anyone's else fault but the Africans

@octaviantudornedelcu9329

2 жыл бұрын

@@williamlindskog3646 are you sure about that? Your saying if I come at your home to steal everything you possess, then I blame you for being poor, am I in the right? No, but it's not the Africans' fault. In fact Africa, despite all corruption and every kind of problems is actually growing thanks to China's BRI. Unlike China, the colonists only built infrastructure from the mines to the sea, leaving africa even more divided. What do you think?

@octaviantudornedelcu9329

2 жыл бұрын

@bbbed the leaders of what country? If i were perhaps born in a western country how would that work?

You should make a video about IMF's "deathtrap diplomacy"

@infotainment7435

2 жыл бұрын

IMF is not a debt trap becz all the terms and conditions of the loan are transparent and open to the citizens of the country which opts for loan. Whereas in case of chinese loans, the CCP signs an agreement with its partner country to keep everything a SECRET.

@royhuang9715

2 жыл бұрын

He is white, that means he is dumb and racist.

@Hassan06675

2 жыл бұрын

"That's not anti China you're not supposed to say that"

@barmybarmecide5390

2 жыл бұрын

@@Hassan06675 you can be both anti-china (good) and not buy into the debt trap myth (stupid)

@benjongwalling9093

2 жыл бұрын

Then there'll be no views. 😌

who enforces these contracts? i mean whats to stop them from just defaulting it

@god-of-war-fan

Жыл бұрын

you realize that if you do that then you won't get credit right?

@god-of-war-fan

Жыл бұрын

you realize that if you do that then you won't get credit right?

The world has been giving its biggest basket case fish for 200 years, rather than teaching it how to fish. Stop aid to Africa and make it fend for itself.

Im so mad. About 8 years ago I donated a good sum of money to Africa. I looked at a lot of charities and decided to choose an education project. While researching I was baffled by the lack of willingness to invest in Africa as its potential is just waiting to be utilized. I found out about Chinas investments and it was already obvious that a country like china would not have altruistic motives. I did not know about those Loanshark type contracts. But it seems fitting. That’s what happens if you do not “Help” but allow bad faith actors to corrupt desperate nations.

@hexingcan

2 жыл бұрын

No country would have altruistic motives. The only possible altruistic ones are ngos made to help these countries like Oxfam. And Oxfam itself accused IMF. You wanna talk about bad faith actors, don't leave out IMF and France

@OMamifero

2 жыл бұрын

No capitalist country would invest in another if they didn’t believe that they stood to benefit more from the agreement than the country they are investing in

@lunevoleur8912

2 жыл бұрын

If you really think a country should have altruistic motives to help another country without benefits, you don't know shit about how the world works.

@brooKlynKiteflyer

2 жыл бұрын

At least they aren’t using a gunboat diplomacy to sell opium to the natives.

@neonbunnies9596

2 жыл бұрын

Every country wishes to have more power, have more under their control. There are no altruistic countries, only countries with common interests. Africa needs infrastructure, China builds them, whether or not they'll actually be useful to the African country. If the West wants to stop this, they're going to need to start providing infrastructure and competition too

Really? I thought China was making certain African nations more economically stable. The belt and road initiative is a China led trade, transportation, and infrastructure union in which China owes the world such three things to all third world and first world nations.

@SomeOneInTheWorld1370

2 жыл бұрын

I mean they are the debt traps aren't happening. Just people from the west thinking no countries can't develop without them. While they're model on government begins to fail.

@salahabdalla368

2 жыл бұрын

The west hates that China can influence the weak nations without bombs

Gotta admit, it's a pretty impressive plan, even if its pure evil.

@lte7151

4 ай бұрын

I mean, all countries have to pay something if they can't pay the cash back, its understood and was in the documents the leaders agreed to. The IMF and the West also have certain clauses for their aid, like the US saying u have to be pro LGBTQ to receive aid

If you drive a Toyota in Africa that only requires the usual servicing and no repairs, do not emigrate to some "developed" country. You'll not enjoy a lifestyle upgrade. You're already in the top 4% in a country like Kenya. Be warned.

Thanks

This is coming from an African. I live in Algeria, which, despite being the 4th richest country in Africa and the one with the third highest HDI, is in an awful situation. Nothing related to China, but a dependency to natural resources (oil), extreme corruption, constant geopolitical issues with neighbors (mainly Morocco and sometimes France, as well as Israel which has never been recognised), awful education, some old negative french influence, mediocre job opportunities leading into most competent people immigrating to Europe. Those are the largest problems with Algeria, but also most if not all African countries. Chinese depth traps exist, but I would say old colonisers influence, especially in West Africa, is a bigger problem. Ask any west african and they'll tell you they consider their government a french puppet (which is arguably not wrong). For example France sends "aids" (all taken by corrupt politicians) in exchange of natural resources from West African countries, and you've guessed it, that's no good. When Burkinabes refused to accept those terms, their president got murdered.

@tylerries9279

2 жыл бұрын

Wait, so you're saying France is wiping out leaders that don't cooperate with them? Wow.. that's insane. I knew corruption was widespread but that's just awful.

@davidjeanmichel8358

2 жыл бұрын

0 negativ old french influence in algeria today. only 6% of ressources who are buyed by france to forgeign country come from africa. no african country today are "french puppets" it's total bullshit. and in fact france and europa are at the basis of the biggest technologic boom africa has know in all the history of this continent. and we paid more than 100 billions of africans debt, because our naiv politician think if africa is developped we will have less immigration. and for help for developpment we send 10 billions per year, and it's absolutely gigantic.

@huichanhu696

2 жыл бұрын

And when good African leaders what to fight their destiny, they get assassination, like Thomas Sankara

@adedamolamartins3810

Жыл бұрын

You don't have an idea on what you are talking about

@joaopk6263

Жыл бұрын

@@adedamolamartins3810 he damn well has, parisian

How do you explain a government official building a $2 million mansion and importing the latest RollsRoyce Fantom in Africa ? and nobody should ask them where they got the money. 😡

And whats about the Investments of the USA and EU(500 Billion) in Africa? Very much missing that part in the Video.

When bank lend money to people to buy a house or a car, they have to pay it back with interest, it they don't. bank will seize you car or property. Do you call a bank use debt trap to put people in difficult situation? The rule is "if you borrow, you have to pay back" it is not free gift. The label "debt trap" is none sense !

@bruceyleek515

2 жыл бұрын

Very simplistic Chinese mentality. When you borrow from a bank you have a credit rating before they lend to you, it's called affordability. The bank won't lend if you cannot afford. Many African nations are poor and saddle with corruption; building an Airport or Port will not increase business/GDP/income just via infrastructure no different to building a bridge. Just a greater debt to repay. The wealth of these African nations is very low. How many African global business do you know? What does that tell you. You need industry to export goods like Apple, Ford, Liebherr, Samsung, Buick, GM, Microsoft, Facebook, Honda, Bosch, Komatsu, etc. If you don't you need to export commodities. Oil, gas, metals are big ticket items. You cannot grow money out of nothing. Its a Chinese debt trap with spurious covenants.

@fatalityin1

2 жыл бұрын

Eeeh, yes? In the west every civilian has a credit score tied to them (based on tax payments, education, work history, etc). If a bank would try to sell a loan that a country's rating agency rates with under 70% probability to be repaid, that bank would be open for a lawsuit for ignoring their due diligence once you can't repay them (this credit scoring even applies for companies). But yes, in the US this whole system is different, there you can amass several millions of credit debt without ever having worked one day. But that also shows one thing: China is not your friendly debt neighbour, it is turbo-capitalism you in comparison just find in the US

@utsavmandal7128

2 жыл бұрын

Typical CCP bot..lmao

@dhao3343

2 жыл бұрын

I don’t agree with the so-called debt-trap but your logic here seems not correct. This logic makes them believe more of the debt trap. I left this comment only because you might be a Chinese and you know what happens in Africa better than most of those comments here. Usually I will watch this kind video as an amusement. This is one of the most stupid videos to me, and watch people praising it really interests me. They don’t understand the world and they are losing it. One day, their descendants will learn how to see the world in our eyes, which definitely would be a better world. At least in this world, Africans can be respected, not as stupid as they assume here, trapped in Chinese debts while western countries are so nicely helping them.

@thandasibisi7534

2 жыл бұрын

A bank IS a debt trap. The real trick is to stay out of the trap.The business model that banks use is to lend money to people AT A PROFIT. Put it this way banks are not happy to see people who are debt free, particularly if they can repay their debts. I should know. I have a fairly good pension and a few investments and I am debt free. I am inundated with offers to "take a loan" which I always refuse. The bak even increased my credit limit and overdraft limits WITHOUT EVEN ASKING FOR MY PERMISSION.I am still resolute about one thing. Do NOT take a loan from a bank unless you have a good reason. They ARE debt traps.

we know why it is poor, but not allowed to say it

I'm from africa and the continent itself is poorly managed mainly because of incompetent ruling leaderships and massive corruption which occurs everywhere especially when foreign aid is given to some countries then you'd it doesn't go the people instead ends up going to the corrupt individuals in power.

There are more poor people in india then in whole Africa and they will never escape poverty of that corrupt feudal country...

"Why Africa will stay poor" Depends what part of Africa you mean. The arab / European part will be rich.

@SHVRWK

2 жыл бұрын

Yeah I'm from Tunisia and it's always hilarious seeing people forget that North Africa is still part of AFRICA. It's not as bad here.

@kevinkirby4305

2 жыл бұрын

@@SHVRWK literally a few centuries ago north Africa was wealthier than all of Europe. And Tunisia had the world's first University I believe lol

@kamillugha893

2 жыл бұрын

Within the 'comfort zone' city limits is just as you phrase it 'rich' lack of a better term. Outside however its dead ass camels bones and natural water wars and war lords. Have some decency 💀. Haram. Live.

@plus_2853

2 жыл бұрын

@@kevinkirby4305 Good joke but the first university in the world is famous to be in Morocco,fez built by a Muslim woman

@castorchua

2 жыл бұрын

@@SHVRWK You'll resemble Egypt in no time

This video is rich on accusations but not in facts. He raises debt trap policy by saying Kenya is playing 40% of its debt servicing to China without giving any figueres about the debt itself. Kenya has 75bn USD debt and ca. 6bn of it to China. How did you get to the 40%? Also overall the PRC only accounts for 8% of Africas debt. Guess what the other 92% are doing. The only 'fact' given for Kenya is the almost allged seizure of Mobassa port. How is an 'almost' supporting your claim?

@redyellow4699

Жыл бұрын

China is the cheapest but also the best infrastructure builder in the world. without good infrastructure, there is no hope to do business, transportation, or build factories. The video is just western propaganda that is jealous of China taking the business in africa

4:28 Kenya is Uganda's eastern neighbor, NOT southern 4:33 Mombasa is not the largest port in Africa

@Hugo-jb7qz

Жыл бұрын

This video is bullsh*t.

Many African country suffer terribly from guerilla wars, causing economic instability, poverty, high infant mortality, child soldiers, rape, mutilation, and lack of investment in basic infrastructure, education and healthcare.

This channel is seriously underrated but you need to develop your own style especially with the thumbnails they look very wendover to me

@CasualScholar

2 жыл бұрын

Really appreciate the compliment and feed back! I'm hoping that over the next year or so I can really hone in and make the best content I can. I've been experimenting a lot with thumbnails and styles and hope that eventually something will click. I'm looking forward to seeing you comment on future videos and providing feedback on that growth!

@samwilliams4775

Жыл бұрын

No, another anti china propaganda channel

Im from Namibia(South West Africa) and our politicians are building their massive headquarters right next to a deteriorating hospital that needs more attention. It's like a slap in our face, our leaders only care about themselves and their families.

What a pile of bollox. Uganda is not the whole of Africa!! There's 50+ country's in Africa all doing their own thing

So they entered into an agreement hastily and didn't bother to have lawyers review the details while still in negotiations, then they couldn't make the payments to meet their obligations. Oh no, the consequences of our own actions... They should have got money from some other country, oh, ya, I guess china was the only option, huh? Africa doesn't really have a lot of people interested in investing there, and won't have any time soon. Rwanda is doing great now, so maybe Nigeria and Rwanda can drive African success and partner with the other countries as they grow. The US is allowing the same thing, how much of our production, agriculture, land and buildings are owned by the Chinese government???

There some people in this comment section saying Africa is poor because blacks and whatever, this is completely wrong, they were very wealthy until the colonists European steal their land and resources, the AfricansThey just didn't have advanced weapons to defend themselves in that time, so and even after colonies they still poor because of corruption and the The devastation the colonists left behind.

@craig1131

Жыл бұрын

Having resources doesn’t make them wealthy, they were poor then and still poor now (there is also lots of resources still) If Africa wants to grow, it needs to be able to add value to the resources, having resources in the ground means very little if cannot turn them into a product

The only problem with Africa is Leadership.

@samanth.

Жыл бұрын

@Ann its democracy

Following independence, most former colonies have been run into the ground, and now they are begging the Chinese to come to the rescue. They are essentially inviting the Chinese to replace the former colonists. Just a little ironic:)

Your title is misleading, Africa is a continent with 54 countries and not all owns China loan, KZreadrs like you use this type of title to get views, get yourself together bro.