Western colonial powers to dig into its “reserves” of sovereign funds
Implicit sovereign funds of centuries of looted wealth from their colonies
Covid-19 pandemics has forced the colonial powers to start printing currencies in order to cover for the “expenses” of focusing on their crumbling health institutions and lack of the necessary health human services.
They are printing money in the $ trillion, money Not covered my any incoming foreign currencies or export or expanding internal economy.
Fending off mass revolts of serious decrease in standard of living is the price for the creation of inflation at long period.
A quick overview that condenses the main phases of western colonial powers wealth accumulation.
1) Slave trades:
After Constantinople fell in 1443 into the hands of the Ottoman Empire, all the slave routes from central and eastern Europe stopped. The Europeans colonial powers had to seek slaves…
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