The Merc got a call from Brad Rohrs of The Rohrs Team to ask his thoughts on his investigation into the 2.5B loan from the IMF. They discuss the debt situation in Nigeria and the implications for the country's economy. The conversation highlights the frustration of trying to enter the Nigerian market due to currency instability and government uncertainty. The analysis of the $2.5 billion loan given to Nigeria reveals concerning terms and potential consequences.
Should I take the challenge of chronicling the true history of Africa?
I am considering taking on my most ambitious project ever: chronicling the histories of every African country from prehistoric times to the present day! 🏛️✨ I was inspired to do this after realising the impact of ignorance on not only the African community but the diaspora and world when it comes to African history. The fact we don’t know where we come …
The conversation delves into the power dynamics between Africa and the West, emphasizing the control exerted by Western nations over African countries. It also touches on corruption and the lack of autonomy in making macroeconomic decisions. The conversation concludes with a discussion on the potential for Africa to rise and the resistance it faces from the current power structure. The conversation delves into the importance of education and historical knowledge in understanding the current situation in Africa.
The Merc discusses his project True History Of Africa to chronicle the history of every African nation and the need for people to have a solid foundation of knowledge. They also highlight the control of the Western media and the lack of African representation in history books. The conversation touches on the trap of debt and the conditions imposed by international organizations. The Merc emphasizes the need for action and the importance of having conversations about these issues.
Chapters
00:00 Introduction and Background
05:58 The Motivation Behind Taking Loans
09:07 The Structural Changes and Impact on Financial Markets
15:56 The Inability to Pay Back Loans and the Cycle of Debt
24:51 The Desire for Power and Control
28:48 The Suppression of Africa's Development
32:02 The Potential Impact of Africa's Rise
35:35 The Vulnerability of Europe and the West
37:48 The Confidence in the Ignorance of Africans
40:04 The Lack of Knowledge and Point of Reference
43:20 The Conditions for Bailouts and Loss of Autonomy
49:20 The Alarming Numbers of Nigeria's Deals
53:29 The Omission of African History and Leaders
59:49 The Conditioning to Rely on Sources
Share this post