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No, Mr. President,
Africa Is Not The Next Asia

Investor´s Business Daily, by Editorial

Original Article

Posted By:pineledger, 8/9/2014 4:10:35 AM

Trade: Though Beijing´s colonial ambitions in Africa make the continent an area of economic and strategic interest for the U.S., it´s hardly the lucrative market that the president is portraying it to be. No, Mr. President, Africa Is Not The Next Asia. Yet to hear Obama talk up business opportunities in Africa, you´d think it were roaring like the Asian Tigers of the 1990s. In an interview last week, he likened the alleged "Africa Rising" phenomenon to the "Asia model." Obama then recited his favorite talking point about Africa boasting "six of the 10 fastest-growing economies," a largely meaningless stat

Comments:
This is Obama snake-oil.
If he gets enough Americans on board with this idea and positions himself advantageously, he will have feathered his post-presidential nest.
This, like everything else he does, is about The Won.

      


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No, Mr. President,
Africa Is Not The Next Asia
Investor´s Business Daily, by Editorial    Original Article
Posted By: pineledger- 8/9/2014 4:10:35 AM     Post Reply
Trade: Though Beijing´s colonial ambitions in Africa make the continent an area of economic and strategic interest for the U.S., it´s hardly the lucrative market that the president is portraying it to be. No, Mr. President, Africa Is Not The Next Asia. Yet to hear Obama talk up business opportunities in Africa, you´d think it were roaring like the Asian Tigers of the 1990s. In an interview last week, he likened the alleged "Africa Rising" phenomenon to the "Asia model." Obama then recited his favorite talking point about Africa boasting "six of the 10 fastest-growing economies," a largely meaningless stat

   

 

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