August 2011
53 posts
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no one tells you
if anyone does you do not listen anyway
if you do still you do not understand
no one tells you how to be free
there is fire in your neck
ocean in your ear
there is always your fear
the words you cannot even
no one is here
when the world opens upside
down you reach toward dawn
your weight on the earth changes
some of us plant deeper
others ache to fly
by suheir hammad
africa ~ d’angelo
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Just before France conceded to African demands for independence in the 1960s, it carefully organised its former colonies (CFA countries) in a system of “compulsory solidarity” which consisted of obliging the 14 African states to put 65% of their foreign currency reserves into the French Treasury, plus another 20% for financial liabilities. This means these 14 African countries only ever have access to 15% of their own money! If they need more they have to borrow their own money from the French at commercial rates! And this has been the case since the 1960s.