Comment on For me, it's going to be Fediverse or nothing

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Wanpieserino@lemm.ee ⁨9⁩ ⁨hours⁩ ago

Oh yeah, after Congo got independence from Belgium. Their purchasing power reduced to not even 10% of what it was at 1960 at the time of 1979.

Right now Congo is being “neocolonised” by China.

…india.com/…/viral-video-of-chinese-employers-ass…

South Africa however is a whole different story. They are the most inequal country in the world.

Africa has a median net wealth per adult of 1250 USD. Mean is 8400 USD.

For South Africa this is 5200 USD median and 25000 usd average.

The approach in Congo was a lot more revolutionary while in South Africa it was reformist. In Congo, any Belgian was forcibly deported and many were murdered. In South Africa there are still a lot of descendants from dutchies.

I believe that China’s investment in Congo will be good for Congo, as most investments are.

The Belgian investments were to extract raw resources from the country. But these railroads and trains are still being used today.

Nobody really wants to help Congo unless they get financially rewarded for it. Congo is quite a scary place too, for business. All that instability?

Revolutions = instability = capital flight = poverty

We’ll see what happens. The west developed China. Now it’s China’s turn to develop Africa. About time too, fucking hell, we’re so close to Africa. Become developed so that we can do meaningful trade.

The investments in china have been tremendously rewarding.

You and I view China very different. You might view them as Buddhism and the west as Christian.

But I view Europe as Judaism. America as Christianity and china as islam. 1.0, 2.0 and 3.0

The same thing, just different branding. It’s all capitalism.

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