As of 2016, the average black American family had a total wealth of $17,600—less than one-tenth the wealth of the average white American family, which stands at $171,000 (Exhibit 1).1 This gap leaves many black families at a significant economic disadvantage, with less financial security and less ability to fully participate in the economy. Less wealth also means black Americans are underrepresented in the market for financial products and services.
Countries in Latin America and sub-Saharan Africa have taken out at least $152bn in oil, mineral and metal-backed loans from China since 2004, money that has contributed to crippling debt levels, according to a report on Thursday by a Washington-based non-governmental organisation. Continue reading “Chinese bank loans cripple Latin America and Africa, says NGO”
The Inca (also spelled as Inka) Empire was a South American empire that existed between the 15th and 16th centuries. The Inca Empire was the largest pre-Hispanic civilization in South America and ruled the area along the continent’s Pacific coast. At its height of power, the Inca Empire stretched from northern Ecuador all the way south to central Chile and ruled over a population of 12 million, from over 100 different ethnic groups. Continue reading “The Inca Empire: What Made it so Powerful? | Ancient Origins”
Recently, I wrote a paper called “Debunking the Myth of the Jewish Conspiracy” which dealt with the 19th-century origins of modern Zionism and even radical Islamicist movements in the bowels of British Intelligence. In that report, I stated that these movements can only be defeated by the massive development projects being ushered into the Middle East under China’s Belt and Road Initiative. Today, I would like to go a little deeper into the longer wave of history-shaping our presently confused age knowing that this exercise will not only give us a greater appreciation into the cures for the Middle East ills but also a means of refuting those geopolitical zombies who believe that humanity is destined for an unwinnable clash of civilizations. Continue reading “The Forgotten Judeo-Muslim-Christian Alliance and China’s Silk Road — Strategic Culture”
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