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@realCEOofANTIFA

Aug 15, 2023

FRANCE - THE COLONIAL EMOIRE THAT NEVER DIED

🧵🧵THREAD🧵🧵

In the wake of everything going on in Niger, Burkina Faso, Mail, etc… I decided to illustrate the atrocities of the French Colonial Empire which exists till this very day

FRANCE CONTINUES TO PLUNDER AFRICA TILL THIS VERY DAY

Every year, the French Empire extracts roughly $1.5 TRILLION from its colonies. Without being able to exploit developing countries in Africa, their empire would collapse.

Since the end of WWII, direct imperial rule became not only difficult, but also frowned upon. Rather than give up their empire completely, they decided to simply hide it in an atrocious, but covert, fashion.

Similar to how India was considered the “Crown Jewel” of the British Empire, French North Africa had bankrolled, and CONTINUES TO BANKROLL, the modern French Empire.

In order to gain independence, most French North African colonies were forced to sign a so-called “Cooperation Agreement” with France. This was nothing more than the continuation of French imperialism in a different format.

The “Cooperation Agreement” prioritized French interests above all, without any consideration whatsoever towards the welfare of their colonies. There were three main pillars:

1. France retains Monitory Sovereignty and Control over French North Africa via the use of the CFA Franc currency.

2. French Companies retain exclusive rights over virtually every natural resource in the former colonies.

3. France retains right to maintain troops and military bases in the former colonies.

1. CFA Franc explained:

To control a country’s money is to control its destiny. Without monitory sovereignty, there is no way to have economic sovereignty. Without economic sovereignty, there is no way to have political sovereignty. And that is precisely what France set out to do via the CFA Franc.

CFA Franc was first introduced by Charles De Gaulle, and is currently used by 14 nations in North Africa (Roughly 200 Million people). Originally, ‘CFA’ stood for “Colonial French Africa”, but as the image of colonialism became increasingly frowned upon, the acronym was later changed to “Financial Community of Africa”. Nonetheless, changing the acronym did nothing to change the underlying mechanics of how the the CFA Franc functioned.

The CFA Franc is tied to France’s currency, at a fixed rate. This means that when the CFA Franc fluctuates in value at the exact same rate that the Euro does. French central bank retains the right to print, circulate and regulate all CFA Franc bills. CFA Franc nations don’t even get to control their own interest rates. They are completely set by France. So in periods of economic turmoil, African nations are virtually powerless to set any monitory reforms needed for recovery.

At face value, this might initially seem to have its benefits, because being tied to a stable currency, such as the Euro, offers a degree of financial security and inflation protection. However, in practice, it makes export dependent growth extremely difficult. In order for a country to break out of poverty, it needs export-driven growth and its own monetary independence.

The CFA Franc is fixed to the Euro, which results in domestic goods becoming less price competitive whenever the Euro appreciates against other currencies, especially the US dollar, the global reserve currency. This has resulted in domestic industries never having taken off within these African countries. As a consequence, virtually every CFA Franc nation has seen a Real GDP DECREASE from their 1970s levels. Decreasing Real GDP, followed by a stagnated export economy, has resulted in economic ruin for the people of the CFA Franc Nations. The Ivory Coast’s real GDP has decreased over 30% since 1978. Cameroon and the Republic of Congo have seen similar dips.

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@realCEOofANTIFA

Mar 16, 2023

🧵🧵THREAD about the banks🧵🧵

Incase anyone is still confused as to what happened with Silicon Valley Bank, Signature Bank, and the entirety of the banking sector, I decided to create a thread detailing the collapse and the backstory 👇🏼👇🏼

#SVBCollapse #BankingCrisis

Commercial banks exist for people to deposit their money so that the bank may use it to make their own investments.

The difference between the interest you earn on your deposits (currently 0.2%) and the rate of return the bank earns on their investments is the bank’s profit

Private Banks, just like ANY OTHER PRIVATE COMPANY, exists to serve their bottom line, first and foremost… above all.

…regardless of what the on-paper rules say about fiduciary responsibility

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@realCEOofANTIFA

Feb 3, 2023

Western Media: “Madman Putin invaded Ukraine completely unprovoked”

Reality👇🏼👇🏼 THREAD

1990: Sec of State Jim Baker promises USSR/Russia, that once Germany reconsolidates into the west, “NATO will not expand one inch eastward.”

#UkraineRussiaWar #ZelenskyWarCriminal

1999: NATO expands into former Warsaw Pact states which include Poland, Czech Republic, and Hungary

2002: US pulls out of Anti-Ballistic Missile treaty, established in 1972, and begins construction of ABM facilities in Romania

#UkraineRussianWar #ZelenskyWarCriminal

2004: NATO further expands to incorporate Slovenia, Romania, Bulgaria, Slovakia, Lithuania, Latvia, and Estonia, expanding into former Soviet states

2008: The West begins plans to admit Ukraine into NATO, while ignoring Russia’s bid to join.

#NATORussiaWAR #UkraineRussiaWar

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