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I read their reasoning why they’re stopping, but my gut tells me China is behind this. They’re actively tapping Africa for natural resources and I wouldn’t be s
by someonehere 6y ago
I read their reasoning why they’re stopping, but my gut tells me China is behind this. They’re actively tapping Africa for natural resources and I wouldn’t be surprised if there’s some dealings behind closed doors to hand over cacao to China.
- rhplus 6y agoPlaybook: 1) Ghana needs capital to build cacao processing plants 2) Foreign investors loans capital and plant is built with skilled foreign labor 3) Once running, plants are staffed by unskilled local labor 4) Ghana has an unrelated financial crisis and defaults on loans 5) Foreign investors take ownership of cacao processing plants through liens 6) Foreign investors threaten to close plants unless they get a free-trade zone 7) Cacao is now processed in Ghana with cheap labor and no export duties
- sgt 6y agoThis is terrible. How did it get that far, so quickly?