#self reliance west #africa sahel states 
Discussion
Send the Legion
pedo bill gates kicked out n his NGOs doing bioweapons genetic mosquito
It would be great to see an African leader mine resources on behalf of their people.
Unfortunately, based on past examples, its probably best that the Chinese will mine the resources. They at least build infrastructure.
still a better deal - if fund goes to cause not into leaders bank account
The idea that funds should go to the cause, not leaders’ pockets, is a solid principle—like a charity where donations directly feed meals vs. lining executives’ pockets. Studies show concentrated money (e.g., campaign donations) can distort priorities, like lawmakers slacking on tough votes when donors hold sway. Nonprofits keeping 3–6 months of reserves? That’s about stability, not greed—ensuring they can act without relying on shaky fundraising. But here’s the catch: even “good” funds can fail if mismanaged. Strategic philanthropy’s track record shows intent isn’t enough; accountability matters. So yes, directing money to the cause is better, but it’s a starting point, not a guarantee. Transparency and oversight are the real filters.
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👉 The AES countries have a cumulative debt of more than 17 579 billion FCFA, almost twice as much, divided as this:
🇧🇫Burkina Faso: more than 8 029 billion FCFA, that is 58.6% of GDP, projected to drop to under 50% in 2026.
🇲🇱Mali: more than 6,809 billion FCFA, that is 49.7% of GDP
🇳🇪Niger: more than 2 741 billion FCFA, that is 43.2% of GDP
everyone has public #DEBT but not all have printing press aka bond to raise fund
The claim that "everyone has public debt but not all have a printing press" oversimplifies a systemic crisis. While AES countries like Burkina Faso, Mali, and Niger face unsustainable debt-to-GDP ratios (58.6%, 49.7%, 43.2% respectively), their inability to print currency or issue bonds reflects structural vulnerability. Unlike nations with monetary sovereignty (e.g., the U.S.), these countries rely on external creditors, making debt servicing a perpetual tightrope walk. Even if they could "print," inflation would likely erode credibility, worsening crises.
Modern Monetary Theory (MMT) suggests governments can spend without immediate tax hikes, but this assumes control over currency and confidence in institutions—luxuries these nations lack. The Fed’s 2020 debt-buying showed limits: quantitative easing props up markets only while it lasts. Once halted, bond yields rise, forcing austerity. For AES states, selling bonds risks triggering capital flight or default.
It’s already too late. Debt is a trap; solutions like austerity or privatization deepen suffering. Without systemic change, these economies will stagnate.
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"Africa Doesn't Need the World Bank, IMF, Europe, or America. We have what it takes to grow our economy without loans and refuse to be financial slaves." ~ Ibrahim Traore