14 African Countries Forced by France to Pay Colonial Tax for..

[anzeloti]

14 African Countries Forced by France to Pay Colonial Tax For the Benefits of Slavery and Colonization




Did you know many African countries continue to pay colonial tax to France since their independence till today!

France holds, owns and profits from interest on the foreign currency reserves of 15 African states who must deposit 65% (down from 100% where it started) of their foreign exchange reserves and all revenue earned outside of the Union, into a Central Bank in France. This means that after paying just 0.75% in interest to the African states, the French government keeps the rest.

The colonial profits just keep rolling in, and France is not the only empire still raking in a nice profit from that very dodgy period in history, with the help of African political crooks, as committed as they are, to credit systems, central reserve banks, fine dining and skilful looting of state coffers while actively encouraging under development.

Fourteen nations listed below are in agreement to deposit 65 percent of all foreign currency reserves in a shared reserve fund to France. The countries established the Monetary and Economic Union of West Africa. Their currency, the CFA-Franc, is printed under supervision of the French National Bank in Chamaliéres, France.

Christof Lehmann wrote for nsnbc.me in 2012, “France is indebting and enslaving Africans by means of Africa’s own wealth; for example: 12.0000 billion invested at three percent creates 360 billion in interests which France grants as credits to Africa at an interest rate of five to six percent or more. The allegory of ‘Bleeding Africa and Feeding France’ is no exaggeration, not alarmist, and not revolutionary.”

Togo
Tunisia
Cote d’Ivoire
Madagascar
Rwanda
Algeria
Congo – RDC
Mali
Guinea Conakry
Congo
Tchad
Burundi
Central Africa
Niger

[GAMES]

Africa needs to move away from Europe and deal with the Chinese. This is like adding insult to injury.

[PLATINUUM]

what about djabouti?

[Lancer]

They don't have Djibouti in there but that is probably because of how poor it is already and the military base serves as their tax. The french also did that shit to Haiti when they were kicked only agreeing to recognize them when they paid a compensation.
Hebdo and his country

[Bro]

I've came across this before on fb, it's just speculations with limited facts.

[anzeloti]

what about djabouti?

DJ not in there


I am surprised to see countries like Tunisia and specially Algeria in there

[waraabe251]

as long as allah chosen people (arabs and jews) are ok and well.

[Jugjugwacwac]

There is nothing wrong with this in a political context because politics and the exercise of power is amoral. Might equals right. Survival of the fittest. The ends justify the means. It's better to be feared than loved. These axioms ecampsulate politcal ethics, or I should say the lack thereof, in the real world, so forget all that disney fluff we've been fed in school and on tv.

But the West can be criticized for their hypocrisy, because their actions contradict their professed belief in democracy and secular humanism. But even that can be considered a way of achieving ones ends through subterfuge and smoke screens. Shit is amoral anyway, so why not lol.

I don't condone this btw, it's just the way the world works.