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US vs everyone else tradewars

I'd like to see West Africa push hard for more local self-sufficiency in food and industrial production. Inflation being worse there anytime it heats up, things have been dicey of late, politically unstable, as when there is inflation in the US (and a third world election result).

But the industrial infrastructure is beginning to be there, with Nigeria making machine tools. That plus mining puts you in manufacturing. Excellent solar efficiency, local oil and gas. Excellent age demographics, too. That highway from Lagos across three more capitals and ending in the largest port in the region might just see some extra traffic as the global trading system reorders itself. Opportunism and a sense of taking it while it's hot, as it may be gone tomorrow, is an issue still, as a friend who's built (and rebuilt) his retirement home outside Accra can attest. Local assembly of some Japanese brands has begun in fits and starts. Total regional population is equal to the US, so as a market, it has potential.

Just have to get the Russians out of the area while not flipping the tortilla by using Europeans to do the job.
 
Hlafordlaes said:
I'd like to see West Africa push hard for more local self-sufficiency in food and industrial production.
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Me too.
Hlafordlaes said:
Just have to get the Russians out of the area while not flipping the tortilla by using Europeans to do the job.
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It's the French, the Brits, and the Americans who are stifling Africa's endeavours. Some of it directly and some of it by way of colonial inheritance (read "corruption" and "divide & rule").
 
lobosrul5 said:
I swear to god, inflation and unemployment could be the highest we've ever seen and the stock market could lose 50% AND there would still be 40% of the population spouting that Trump is a great businessman, and understands economics better than PhDs!!!!
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Yes, because inflation and the stock market crash were down to the fact that Biden destroyed the economy and although Trump is doing a fantastic job of rebuilding it, it's going to take time (at least two years) to repair the Biden-inflicted damage.

If it takes longer, inflation is worse, and the stock market loses even more then that shows that Biden left it in an even worse shape ..
 
I'm reading a lot of talk about Black Monday (tomorrow -- and shouldn't it be called "Red" Monday? Since red is negative as far as finances are concerned. I know it's a callback to Black Tuesday that kicked off the Depression, but still. There's Black Friday, the day after Thanksgiving, which is a boon to retailers. Then there's the day in May that I think is called Black something -- the day when you've earned enough so far that it's just enough to pay off your taxes, and the rest is net for you.)
Still, it's a big question at this point. People and countries have had time to take a breath. Will many capitulate? Will the market rebound or continue downwards? Lots of speculation at this point.
 
junkshop said:
I was thinking more like the teeth.: An obsolete thing that longer serves any purpose, that mostly people get rid of when it starts to cause irritation or pain.
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So far, we have learned that Clutch knows what sorts of energy Russia has by using his wisdom. I can barely wait to find out the conclusion to this thrilling exposé.
 
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