On #RemembranceDay, social media should fall silent for one minute.
At 11am, let the feeds stop. No noise, just the Last Post.
We owe them that much.
theaustralian.com.au/commentary/on-…
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Mark Carnegie 🛡️
27.5K posts
Mark Carnegie 🛡️
@iammarkcarnegie
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Takaka Katılım Mart 2014
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Well done pro AUKUS team. We are done for !!
Arnaud Bertrand@RnaudBertrand
This is, without exaggerating, one of the most extraordinary things a US Treasury Secretary ever said. It should be mandatory viewing for all citizens of US "allies", Europeans first and foremost. What Bessent is saying is that the US will now treat US allies' wealth as an American "sovereign wealth fund" (his words), "directing" them, "largely at the [US] president's discretion", how to use their money in order to build American factories and reshore American industries. Even the Fox News host can't believe it, calling it "offshore appropriation", another word for theft. That's exactly what it is: straight up unabashed colonial plunder. That's the pattern we see emerge: unable to extract wealth or win wars against an increasingly strong Global South, the US has turned inward to feast on its own "allies" - who can't resist precisely because they depend on their exploiter for military "protection". They're as defenseless against American wealth extraction as any 19th-century colony was against its colonial "protector." That's exactly what I wrote in my latest article on "Europe's colonial moment": open.substack.com/pub/arnaudbert…
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Mark Carnegie 🛡️ retweetledi
There will be no rescue.
Resource-rich nations are like medieval city-states sitting on trade routes—you either pay protection money to one empire or get sacked by everyone fighting to control you.
Africa's situation is even more stark and catastrophically consequential. Take the DRC, for example, which supplies 70% of the world's cobalt but only captures 2.3% of its value [World Bank, 2020]. That's like selling an iPhone for $10 when it's worth $1,000.
The numbers are staggering - Africa loses $1 trillion every year to corruption and exploitation, which is five times the continent's healthcare spending [African Union, 2019].
With 500 million youth entering the job market by 2035 [UN Department of Economic and Social Affairs, 2020], mining creates a paltry 0.001 jobs per ton of cobalt It's like trying to fill a bathtub with a teaspoon.
So, why should you care?
If empowered, Africa's 500 million youth could become the world's largest consumer market and green tech workforce.
But if abandoned, we could have 40 million+ migrants [UNHCR, 2020], fundamentalists will recruit 100 million youth [Brookings Institution, 2019], and the world could see inflation soar as mineral supply chains implode [IMF, 2020].
My model predicts three possible outcomes for Africa by 2035:
1. Sovereignty Surge (35% probability): Africa takes control of its resources, and countries like Namibia and Botswana become hubs for tech and innovation. GDP growth soars to 7-9%, and 200 million youth are employed in tech.
2. Fragmented Stagnation (50% probability): Cities like Lagos and Nairobi build tech enclaves, but rural mines remain looted. Corruption diverts 50% of resource revenue, and climate shocks displace 20 million farmers.
3. Collapse Cascade (15% probability): Wagner Group seizes mines, debt defaults trigger austerity riots, and states fragment. 40 million refugees flood the Mediterranean, and violence surges.
So, what can flip the probabilities in Africa's favour?
1. Legislate the "Namibia Law." No mineral exported below Stage 3 processing. This potentially captures 500% more value and turns Botswana into a tech hub.
2. Trade Resource-for-Tech. Example Trade lithium for U.S. AI labs, and cobalt for German solar plants.
3. Weaponize Youth Demographics. Train 1 AI engineer per $1 million revenue, and watch GDP boost by 20% (like Ethiopia).
"There will be no rescue, no intervention for us. We can only save ourselves."
As the powerful truth from Hotel Rwanda reminds us: Africa, it's time to rise."
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Don’t think these will cost $6bn bloomberg.com/news/articles/…
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So true
christopher joye@cjoye
Growth in our total factor productivity, which is a measure of technological progress, has massively lagged international rivals such as Europe and the US over the past 25 years. In fact, it has hardly improved at all over this period. The great entrepreneurial and innovation wave of the postwar period is dead and buried, supplanted by a fat, lazy and still lucky country trading on immigration, natural resource exports, and a limitless appetite to borrow from the future to consume in the present. It is hard to identify the next generation’s Murdoch, Pratt, or Triguboff. Australia seems destined to become something akin to Asia’s Greece. A safe, stable and friendly beach resort for the region’s well-heeled tourists. An amusement park for the Indo-Pacific industrialists. afr.com/markets/equity…
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Mark Carnegie 🛡️ retweetledi
The choice couldn’t be clearer.
When we protect the ocean, we protect ourselves and our future 🌊🌎🐠
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Mark Carnegie 🛡️ retweetledi
@BBCPolitics Ohh you have done it now @BBCNews hating on @GreggsOfficial from an elitist organisation, I don't think you know what you've done.
You've just landed the next GE to @reformparty_uk and the removal of the BBC PollTax licence fee.
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What Anzac should be doing open.substack.com/pub/wesodonnel…
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Could Australians let that sink in! What are we doing?
World of Statistics@stats_feed
☢️ Uranium reserves (share of global reserves): 🇦🇺 Australia: 28% 🇰🇿 Kazakhstan: 13% 🇨🇦 Canada: 10% 🇷🇺 Russia: 8% 🇳🇦 Namibia: 8% 🇿🇦 South Africa: 5% 🇧🇷 Brazil: 5% 🇳🇪 Niger: 5% 🇨🇳 China: 4% 🇲🇳 Mongolia: 2% 🇺🇿 Uzbekistan: 2% 🇺🇦 Ukraine: 2% 🌍 Rest of the world: 9% Note: as of 2021, figures rounded. According to World Nuclear Association (Aug 2023).
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Mark Carnegie 🛡️ retweetledi
I think we're in the grip of actual evil right now
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And Oz has a completely stupid argument based on legacy tech when we have some of the best resources in the free world
Shoko Oda@shoko_oda
⚛️An exclusive with my colleague @lizette_chapman: Peter Thiel is joining the board of @generalmatter , a startup led by Founders Fund partner Scott Nolan. General Matter plans to produce high-assay low-enriched uranium, or HALEU.
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Hate rfk Jnr all you like but that is the line of the year and what is going on the tombstone of the Wokerati
Judah Rhodie@judahrhodie
Ded right now 🤣🤣⬇️⬇️⬇️
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As quickly as possible let’s start the pivot to China. Don’t let friends who rat on you get away with it
Arnaud Bertrand@RnaudBertrand
This is a great example of main character syndrome. It will actually have, at best, a marginal impact on China: exports to the U.S. represent less than 3% of its GDP. It will however encourage the rest of the world to buy more from China in retaliation.
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One thing our leaders seemed to have forgotten over a decade. Brutally repressive enemies are far less dangerous than traitorous friends who got you to pay to rely on them. Well done anyone who ever said yes to AUKUS
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