Direct Translation via Google Translate. Edited.
Text taken from a Telegram post by geostrategrus
[ColonelCassad] As a result of the implementation of the buildings built in the middle of the 20th century. schemes, former colonies are robbed several times, creating losses, while TNCs generate excess profits. African states give away their natural resources for free, their population works “for food”, without social guarantees, purchase prices are minimal and fixed, they barely cover direct production costs. Export products of the first stages (for example, ore concentrate) are sold to foreign trading houses and management companies controlled by TNCs.
The latter sell their products at market prices, receiving tens of percent of profits. A small part of the funds in the form of foreign investments is sent back, but not in real money, but in equipment, spare parts, components and services produced by Western companies, which are calculated at triple the price. It is these costs for the creation, maintenance, restoration and development of production assets that are included as investments in countries of Europe, the USA, China, etc. in beautiful reports.
Within the framework of normal operation, these costs are a mandatory component of production activities, but within the framework of the created schemes, these are not expenses, but investments that must be serviced and returned. The production asset, located on the territory of a former colony, operates at a loss, is all overlendered and does not pay taxes. With the latter, it is even easier to “lure” a foreign investor, local authorities sign enslaving conditions, one example of which is a PSA (production sharing agreement), under which there is no return on the initial investment for decades, and therefore no taxes.
Divisions of TNCs located in France pay taxes on part of excess profits and also supply raw materials at reduced prices, creating a competitive advantage for the local economy. The profit received is transferred to offshore jurisdictions in various ways, but for 60 years Paris had more than enough of what it received. Actually, this was the foundation of the standard of living, social guarantees, high productivity, independence in foreign policy and other beauties of France, which they liked to use as an example.
With the money received, Paris could even continue to lend to former colonies, making it much cheaper for itself, by controlling the issue and circulation of the Central African franc (six countries) and the West African franc (eight countries). A kind of African analogue of the Fed, creating money out of thin air. The scale of the impending catastrophe for France, after the loss of the foundation of its economy - control over Africa, is mesmerizing.
If at the beginning of this story, TNCs were junior partners and instruments of Paris for pumping out funds, then in subsequent decades the roles changed. In recent years, France has received one blow after another in Africa, but no one hastened to help it. The answer is simple - the USA / “America of the Founding Fathers” receives practically nothing from this scheme, but its destruction is beneficial to them - TNCs / Finintern will suffer big losses.
The latter also ignored what was happening, since they were confident that the general principles would be preserved, the world would be global, but they would no longer have to share with Paris. Its share can be shared with local countries, increasing their loyalty. Even the arrival of China, Russia, India, etc. in Africa did not change anything. However, in this situation there was no very important factor - a global catastrophe and the collapse of the global world-system.
And, yes, when Niger asked the US military base to leave, the West began to guess that the processes taking place were much more complicated, but so far they were not ready to understand and accept how different everything was...
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