>Africa is only as significant as its natural resources
And it's human capital, Africa even in the early years was mainly used for its human capital, that being slaves.
It was more efficient to use slaves to develop then it was to pay first worlders wages.
In a sense this hasn't changed and many Africans are used to grab minerals and sell them for Uber cheap prices to 1st world countries.
Will Africa ever get better
Jaxon Mitchell
Jackson Miller
> China is a house of card which is build on sand.
They've been saying that for decades
> A lot of their numbers are inflated and false
Probably, but they are still growing fast.
> China reaches a real middle class that the whole economy will shit the bed and crumble because they have to outsource it to India for cheap labor, imagine the rust belt in early 2000’s but 100 times worse
Absolutely. This is the point where a war might occur.
Justin Cruz
while their human capital is valuable, it is expendable, you can replace all those children digging for minerals and/or washing them with a couple of Eastern Europeans, who might be bit more expensive but they probably get more done.
The west and China have a symbiotic relationship, we’re at the point where it would be fatal for us to undermine and ruin the Chinese economy because it would backfire thrice as much for our economies, same goes for China. Hence why we have a sorta economical Cold War where we try to have a race into full automization and who’ll first replace all low skill labor in their country will win in the end, hence why China invests so much into corporate and academics espionage in the west. IMO you don’t fight China with stupid Tarif wars but at the admittance to your colleges and universities
Dylan Ward
> The west and China have a symbiotic relationship
Same could be said between USSR and the west with USSR's dependence on American agriculture.
> we try to have a race into full automization and who’ll first replace all low skill labor in their country will win in the end,
Automation is exaggerated. As long as we fail to make fully human robots(which we have not even made a single step towards), humans will always be better and more flexible.
> IMO you don’t fight China with stupid Tarif wars but at the admittance to your colleges and universities
You need to kill your competitor. That's just how it works.