How the IMF and the West Debt Trapped Zambia

[@hills1282]

What the IMF did to Zambia is what they are doing in Nigeria... They support a corrupt politician to become President, turn a blind eye to his corrupt dealings, debt trap the country, and then force him to start implementing their policies. The result is more poverty for the people. We don't need IMF and World Bank in Africa.

[@mosesmukambojr8707]

Do you know what the term Sovereign means? As in a Sovereign country? The role is the IMF is not to fight corruption but to foster macroeconomic stability and sustainable economic growth. They will not police a politician for theft. In the new IMF Framework. Countries go to the IMF with economic recovery plans that are self made. That show how with the support of an IMF program (a loan) the country plans to restore macroeconomic stability. The age of forced conditionalities are over. Just hold tinubu accountable for his incompetence.

[@lingv_26599]

I don't think that's IMF's fault buddy

[@bernardchimanga2757]

I don't think IMF is still relevant

[@hills1282]

We too. I think they have sply become an instrument of neocolonialism. What a shame

[@CS-wn5lv]

That's why they push for "multiparty democracy"

[@ligotv6029]

Thank you for highlighting my country Zambia 🇿🇲🇿🇲 it's crazy out here we have More than 15 hours of power cut, Foreign exchange is going bizerk, the cost of Living in my country as gone high, petroleum as gone high everything is going crazy and we need people like you who can bravery speak what we ourselves can't .... Do more research you find out more

[@allangarfield8478]

@@ligotv6029 do what Gen Z in Kenya has done

[@HomelessRomantic]

Our pleasure!

[@wankundalupali]

Sounds like you don’t really care about you countries imagine if you really care you would be trying to find solutions not complaining

[@user-xt3zv9yn8e]

@ligotv6029, clearly, you are part of the problem 😂😂 Zambia will only develop once you develop a solution oriented mindset.

[@MulutiMundale]

Things would have been alot worse if we didn't change leaders, the country will recover with the right leaders in place

[@surkaluson8700]

What others are not understanding about Zambia's problems is that they are multifactorial. The influence of the West is significant and has been since independence. From privatization to excessive borrowing to the current implementation of 'debt restructuring,' these actions have aimed to secure a firm grip on the country's resources. This is evident in policies such as tax holidays for mining companies and attempts to sell large tracts of land to foreign investors. Each government seems to have inadvertently prepared for the next phase of this plan, and we underestimating the West's influence. Most policies are structured in favor of external interests rather than Zambia's. If I was to think of ways for us to jump out of this, the first thing is to stop relying on copper. The whole west influence is because we are nothing without our copper sales, we are rich in this resource and they control the prices of a commodity that we ourselves own. If we can ride our GDP on something else, diversify our economy, we might have better economic control. And in as much as we like to do the blame game, I think we are past that. We can go on blaming even as far as the UNIP government if we like but blaming is not equal to problem solved. Problem solving involves learning from the mistakes made by others and implementing policies that ensure you do not run a similar path.

[@chandamusonda6883]

External debt is manageable if the investment in certain sectors is worthwhile. However, Zambia over borrowed and the government at that time overinflated the figures of certain projects and investments. Not just from IMF but from China and other lenders too, including eurobond. Over borrowing is what put Zambia where it is now.

[@mosesmukambojr8707]

@@chandamusonda6883 thank you. This video is just bonkus. No one forced us to borrow in the first place. No one forced the government to go to the IMF. Let the blame solely lie on those who didn't manage the debt well.

[@Chikwandaful]

@@mosesmukambojr8707 correct 💯

[@johnsonolajide4647]

​@@mosesmukambojr8707Hmmmm good comments and wise 🦉 thinking

[@Chewecb]

Okay I lack economics knowledge but just for speculation purposes, a person (The IMF) advises me to borrow from them so that I can build let's say flats for rentals to enable me to get the rent money and use some for my personal consumption and some to pay back the debt. Now if I originally proposed to say I will build a flat that will have maybe let's say 10 rental apartments and for the to be build based on the evaluation I say the person (the IMF) should lend me k100, 000 and they do so. Then I build something a flat that has two rental apartments and the rest of the money decides to grow wings and fly. So the person who lend me the money is the problem or the evaluation was based on the instance that the IMF knew that Zambia wont still manage to pay?

[@mosesmukambojr8707]

@@Chewecb @Chewecb precisely. To further contextualize on what you've just said. Let's say you are a person. You make bad financial decisions. Your income of K100 can't sustain your basic needs K50 because owe money K75. Maybe you got a loan to buy a taxi but it didn't pay off and you've got this huge debt you have to pay off. Here are your options: 1. Keep living K25 until you pay down your debt. 2. Get another loan to pay the old one from the bank. Caveat cause of your financial Situation the bank will charge you a higher interest rate which would actually increase what you have to pay back. For argument sake maybe its an interest of 25%. Finally option 3. You go to a friend (IMF) who understand your situation and tells you to make a plan of how you'll get your self into a more sustainable position i.e. you say you want to build flats. They agree to your plan and ask you change your spending habits i.e. stop going to the club stop buying non essentials such as mayonnaise etc. You agree. They give you a new loan to achieve your plan and give you a grace period to payback of 3 years and at interest rate of 4%.

[@lubutocmwansa4316]

Someone said "Zambia Kuchalo"😂

[@randyeduo]

THATS THE PROBLEM WHEN ONE REFUSES TO LEARN THE LESSONS OF THIS ENEMY

[@Africanchild825]

@@randyeduo True.Africa should NEVER trust the west.

[@kingsleyngulube4670]

This is very insightful and profound. But I think the key problem is lack of leadership, i think even if someone gave us 200 billion USD interest free we would still be poor, why because of lack of leadership.

[@jacobkumwenda-qj8xf]

@@kingsleyngulube4670 we are in a poverty trap and its a way the west keep us poor.

[@Loveable_introvert]

Faaacts, and that's so disappointing

[@Lyra0966]

But, as always, the west accuses China of doing this. In fact, as Ben Norton as shown, China's loans to developing nations are far less onerous, and it is western financial institutions that horribly exploit such nations.

[@anyq_CS]

the gravity of the world economy is shifting toward global south and they cant accept it. multipolar world dont mean the destruction of the west, they're scared others might act like them. no, those neocons are uniquely evil

[@brucemclaren-]

Well look at zimbabwe if you wanna see what being besties with the east would bring ya. Pick your bloody piston

[@curtisalex456]

In the 60s, Liberia, a failed state borrowed $5 millions from the Financial Institutions. The debt was resold to vulture capitalists. In the 2000s, the vulture capitalists took the government of Liberia to Court (some shadowy international court). They demanded a payment of $30 millions. The capitalists won and Liberia had to pay them those $30 millions!!!!

[@Lyra0966]

@@brucemclaren- China builds infrastructure in other developing nations. And, of course, this is intended to benefit China as much as the developing nation. But there is at least a reciprocity to the deals China makes with other nations. By contrast, the US all but forces poorer, desperate nations, especially those with compliant leaders, to take out IMF loans and loans from financial institutions such as those controlled by Blackrock or Vanguard. The loan deal generally benefits the IMF and others far more than it does the debtor nation. The interest on these loans too often ensures that the recipient nation can not manage its finances and might have to default. The IMF then comes back to the recipient nation with a debt restructuring offer. And those offers invariably force the recipient nations to privatise their national industries, stop growing their own food and allow extractive companies (usually American) access to their natural resources.

[@gibson2675]

Stop lying. Most of Zambia loans are to China

[@muhammadnawaz5039]

The problem of Zambia is the problem of all Afrikan countries: 'her' vast array of natural resources benefit foreign criminals called multinational corporations with the help of criminal mercenaries called politicians.

[@goodrobotsai]

Nailed it. Same in Nigeria. All that money goes back to Western Banks in Switzerland, London, NY through corrupt politicians. so they literally just give the resources away for free. Horrible.

[@derekstallwood1871]

It really is time that Zambia joins BRICS. It will at least give us some muscle/leverage against the IMF and the West.

[@user-bz3ul5si5n]

ᴵ ʷᵒᵘⁿᵈᵉʳ ʸ ᵒᵘʳ ˡᵉᵃᵈᵉʳˢ ᶠᵒᶜᵘˢ ᵒⁿ ʷᵉˢᵗ ⁱⁿˢᵗᵉᵃᵈ ᵒᶠ ᵈᵉᵖᵉⁿᵈⁱⁿᵍ ᵒⁿ ᵗʰᵉⁱʳ ᵒʷⁿ

[@njekwan]

What has BRICS benefited South Africa? Do you know that majority of those debts was from China?

[@kabeyemanase9998]

@@derekstallwood1871 can your HH agree

[@gibson2675]

Where can I find the bric currency

[@derekstallwood1871]

@@kabeyemanase9998 I think as a businessman he is taking one step at a time to sort financial matters out first. The geo politics will follow in due course I am sure.

[@The_Roa_To_Spiritual_awakening]

Also very poor but rich in resources, that statement hit me for real

[@josenzulu1479]

@TulyHangula-bd3hy That very much true, though

[@tauraihustle7006]

True

[@PRIST.A.C]

This statement is concerning "to service a debt that one of your corrupt politician took on"🤔🤔🤔

[@lubutocmwansa4316]

Thanks for covering this topic It's usually difficult to simplify these terms for them to be thoroughly discussed among the people Keep it up👍

[@DrMwenya]

Nobody ever talks about the fact that interest rates on long term government bonds in Zambia are among the highest in Africa due to the volatile economy. This benefits the rich . Most corrupt politicians have put their money in these government bonds even alot of people from outside do so.

[@PhilipBaker-sf4yv]

May the Lord deliver Zambia from the clutches of wicked globalists who wish to force gross immorality upon them.

[@iconicon3108]

Not, may the Lord, do something...

[@PhilipBaker-sf4yv]

@@iconicon3108 please explain. I didnt understand the point you are making.

[@BestenSimakobeli]

Zambians let's wake up, freedom is not prayer and fasting or Christianity.It is all about being independent from these west charlatans

[@MulutiMundale]

We need to remove the Christian nation status, hasn't helped us at all

[@BestenSimakobeli]

@@MulutiMundale Very true

[@johnsonolajide4647]

You're are one of the few Africans with a common sense

[@PhilipBaker-sf4yv]

You desert Christ and you will share the fate of the godless western nations. They are going down

[@KBlaze]

It's the entertainment industry that played a major role and the education system too

[@Ambatakum1500]

Damn Zambia is the perfect example of working hard and dying poor. I still wonder y we import instead of manufacturing our own goods

[@brianphury8509]

Thank you for highlighting our issues in Zambia I personally really appreciate it some of the things you mentioned I didn't know so thank you so much... Though I am more concerned with what we(Zambian citizens) can do about this... Are we doomed to be colonized forever or are there smart ways we can clap back?

[@Leergreen164]

I pity Ethiopia. It's getting an IMF loan believing it will solve their economic problem... They will regret it

[@HomelessRomantic]

kzbin.info/www/bejne/fWqqi5KPobmrn6M

[@tiongekasanga2788]

In Zambia, we are suffering. press conference everyday that don't bring results. Cost of living very high, our currency is weak trading $1 to ZMW 26 first of it's kind.

[@jonahviperchieza5863]

Zambia is many things but small is not one of them , so is Zimbabwe, in terms of Land size 752 614 sq km , and 393 000 sq km respectively

[@solo9576]

@@jonahviperchieza5863 True, also whilst they highlight the IMF debt but also the Chinese debt trap also played a part. But the economy is developing at the moment better than the situation in Zimbabwe

[@shadowshade4954]

@@solo9576 1. Zimbabwe's cost of living is currently lower than Zambia. 2. Zimbabwe is not experiencing load shedding like Zambia. 3. Zimbabwe has slightly more control over their minerals than Zambia.

[@desmondburnett9286]

They made zambia sell its copper mines and the buyer made billions that the citizens in a county in an european did not have to any property. While the surrounding areas of the mines were poor

[@realitytvzm]

Is it white poor or IMF who was selling the mines

[@randyeduo]

THIS is what happens when one refuses to learn the lessons that their enemy came with---dealign with the same old blood-sucking vampire enemy--They have very little time left to keep this up, their reign of terror is coming to a close

[@justafriend3408]

Why we give our resources whilst they give us money that they are printing?

[@CharlieMwansa]

Same people ​@@realitytvzm

[@CaciousLukama]

Which mine was it that was sold.

[@chuckt5930]

Thanks for this, How to encounter this Africa in whole has been through a lot after slave trades its still been punished by the west still slaving. Do South Africa 🇿🇦

[@Katkayz]

As a Zambian, the world bank , imf and west didn’t trap Zambia. The politicians under the former regime ( pf ) from 2011 to 2021 borrowed heavily , stole and poorly invested the money . As Africans we have to hold ourselves accountable for the foolishness we do . The African continent is the richest and it’s countries are very rich in natural resources, yet most of the people are very poor. The problem is having very bad , evil and poor Leaders who make bad decisions from day one . Leadership is the problem

[@johnsonolajide4647]

You're very right. I lived in Australia. The bank that I was banking with wanted to trap me with unwanted money 🤑 💰 loan, and I rejected the loan. Because I don't want to become a slave to the bank. I did not live above my means

[@HomelessRomantic]

The International Monetary Fund (IMF), the CIA, and the USA have been implicated in contributing to African debt issues and the installation of regimes more likely to accept IMF loans. Here are the key points: ### IMF's Role in African Debt 1. **Structural Adjustment Programs (SAPs)**: - The IMF imposed SAPs on African countries as a condition for loans. These programs often included austerity measures, privatization, and deregulation, which led to economic hardship and increased debt[1][3]. 2. **High-Interest Loans**: - IMF loans often come with higher interest rates and stringent repayment terms, exacerbating debt burdens. African countries owe significant amounts to multilateral institutions, including the IMF[1][3]. 3. **Debt Composition**: - Multilateral financial institutions and commercial creditors hold nearly three-quarters of Africa's total external debt, with the IMF being a significant part of this group[1][3]. ### CIA and USA's Role in Installing Puppet Regimes 1. **Historical Interventions**: - The CIA and the USA have a history of intervening in African politics, often supporting or installing regimes that align with their geopolitical interests. These regimes are more likely to accept IMF loans and follow Western economic policies. 2. **Cold War Era**: - During the Cold War, the USA supported anti-communist regimes in Africa, many of which were authoritarian and corrupt. These regimes often took on significant debt to finance their governments and maintain power. 3. **Economic Policies**: - The USA has promoted neoliberal economic policies in Africa, which align with IMF conditions. These policies often prioritize debt repayment over social spending, leading to increased poverty and inequality. ### Combined Impact 1. **Debt Trap**: - The combination of IMF loans with stringent conditions and the installation of compliant regimes has created a cycle of debt dependency. African countries often have to take on new loans to service old debts, leading to a debt trap[1][3]. 2. **Economic Vulnerability**: - The economic policies imposed by the IMF and supported by the USA have made African economies more vulnerable to external shocks, such as global financial crises and commodity price fluctuations[1][3]. 3. **Public Perception**: - There is growing criticism and awareness of the role of Western financial institutions and governments in perpetuating African debt. This has led to calls for debt relief and more sustainable economic policies[1][3]. In summary, the IMF's loan conditions and the USA's geopolitical strategies have significantly contributed to the debt crises in African countries. These actions have often prioritized financial and political control over sustainable development and economic stability. Citations: [1] english.news.cn/20230207/2e2f36625525400f90b8ea4993ffa4d6/c.html [2] www.ecofinagency.com/homepage/2706-45675-african-countries-outperform-usa-and-japan-in-public-debt-management-report-shows [3] data.one.org/topics/african-debt/ [4] www.afdb.org/en/news-and-events/press-releases/africas-824-billion-debt-burden-and-opaque-resource-backed-loans-hinder-its-potential-african-development-bank-president-warns-70183 [5] www.ifw-kiel.de/fileadmin/Dateiverwaltung/IfW-Publications/-ifw/Kiel_Working_Paper/2022/KWP_2217_Who_Lends_to_Africa_and_How_/KWP_2217.pdf

[@OLEANYAH]

KATKAYZ: WHY DOES THE WHITE LUCIFERIEN WEST MURDERED BLACK AFRICA GOOD LEADERS??? OR YOU DON'T WANT TO KNOW ABOUT THAT??? YAHSHUA YAH/GOD 🙏 ALMIGHTY THE BLACK MESSIAH ! THE 2ND COMING ! THE KING 👑 OF " AU/UBAK " ( UNITED BLACK AFRICAN 🌍 KINGDOM )/ " UBAF " ( UNITED BLACK AFRICAN FORCE 🚀 ) ! ! !

[@jacobkumwenda-qj8xf]

It's not the Leadership for the period in question because this has happened before in the 1980's and again in early 2000's and now in 2021. This guy is saying the plan truth. We are not in control the West and the Chinese are running the show.

[@Katkayz]

@@HomelessRomantic Zambia was doing very well before pf took over . Also no one forced the Zambian governments from 2011 - 2021 to get all these loans. Also they misused the money they got , that wasn’t on the imf or world bank. And also Zambia’s largest credit is China .

[@raymondphiri7925]

The IMF, WB, etc,always play this game.

[@mr.sailii]

My dad always says, “No politician will make you financially stable. They have been failing this country for years…All that citizens can do at this point is to work hard for themselves and hopefully their effort pours into national development.” 🌝

[@HomelessRomantic]

How the IMF and the West Debt Trapped Zambia medium.com/@hrnews1/how-the-imf-and-the-west-debt-trapped-zambia-d5dc150f1d15

[@MorganJohnsonAuthor]

That world map isn't a real good depiction of the actual size of the African continent in comparison to all other continents shown. Africa is much larger realistically.. just say-n..

[@MorganJohnsonAuthor]

Great post~!! Keep up the great work you are doing.. Thank you for sharing...

[@isaiahkabuswe7563]

In zambia, we have enough resources to payback that loan if we can utilize our resources well. We have gold, copper, cobalt unfortunately what leads to this over borrowing and poverty is luck of machinery to use for resources into finished goods like gold and copper. Poor leadership in zambia also has lead to that because our leaders don't invest in local people for mining and investing in machinery to use to turn gold into finished product. We are poor in thinking and poor investing in our own ideas 💡.

[@ismaelmahmud6094]

Learn the lesson of Thomas Sankar to avoid IMF, world Bank and even aid. Use whatever tools you have.

[@alisimwinga2220]

Am Zambia and i wouldn't agree more what you said is totally right and well articulated, Our previous corrupted politicians left huge debts which they benefited with their families and left the country miserably bad... It looks like our mining sector and almost everything we depend on is now being controlled now We just pray for a better future for now❤

[@chipashamoyo6435]

Thank you for doing this one about my country Zambia. Awesome content.

[@HomelessRomantic]

Thanks so much, I hope things get better

[@dukewilliam3660]

​@@HomelessRomantic it's an oligarchy.

[@vincentkiplangat3216]

There is nothing awsome about this

[@chingachingumbe3095]

One of the problems we have in my country is that most most sectors that generate revenue for the country are managed by foreigners in the name of investors including our main export mineral copper.

[@milesmaluba]

We are in debt because we over borrowed and were reckless with the money we got , a situation the Zambian government created itself. We spent the borrowed in consumption. We only ran to IMF after change of government. Well , we have to pay the piper don't we? The only thing is that we are now vulnerable and the creditors have the advantage in all negotiations. 32bn USD debt . We are in a cycle of debt .

[@naturalmystics-kd9vt]

I just find your channel I am glad I find you two men thank you

[@aidanmodercai6064]

It always makes me beg to ask, why is it that all African countries with abundant natural resources , end up in debt and economic crisis and end up being poor ..?

[@gadzikagunda3617]

I agree with everything else in this video, but Zambia is not a small country. Maybe young but definitely not small. Also, we need to wake up and grow as a country. We take things too casual, joke, and play too much. My country also.

[@HomelessRomantic]

Compared to russia it's small, but I agree, it's time for action. Stay fit, stay smart, stay vigilant

[@gadzikagunda3617]

@@HomelessRomantic Yes. True. If compared to Russia, in general, it's still not small. Otherwise, it's a very good video, and we have heard us Zambians 🫡. We will try to learn from history.

[@PhiriSamson-bf9rv]

We can change, if only we can realize that dependency is the weapon that is bringing us down!

[@uncledapo1747]

Zambia 🇿🇲 ku Chalo zoona 🥳🥳🥳🤝🏿🤝🏿🤝🏿💪🏿💪🏿💪🏿

[@KBlaze]

@@uncledapo1747 "Zambia ku chalo" balelanda ati twali chula sana fye, but twali twilikwata ama resources to get rich, I think this is a real issue to look at, not celebrating.

[@uncledapo1747]

@@KBlaze My number u have a point and I agree with you. The thing is we can have all the natural resources, but that does not guarantee development. If us, ourselves we don't know how to develop those natural resources, foreigners are under no obligation to help us develop. They are simply just taking advantage of our ignorance wechipondo which is sad. So until the day we will wake up and decide as a nation to be serious, we will continue like this being poor with so many blessings around us, waishiba ka?

[@winnethdubeoly]

The one and only job and reason the IMF and World Bank were created was to facilitate continued supply of raw materials at cheaper costs . Investor is the only way the western frontier and other parts of the world can access African resources. The IMF and World Bank also start with a downgrade of national currencies. Meaning drop the price for raw materials. Please tell me how this could work if consumer would tell retailers how much the products are worthy. Have anyone ever looked at the IMF and World Bank agreements ? All loans approved already set on where and how they are going to be used , All of it is not revenue generation .. it's all administrative or so called infrastructure which does not generate and profit. They damn make sure that the money owed is never going to regenerate but will Sipho and drain whatever the nation is generating. These governments have big numbers of loans with nothing to show for it hence the corruption and thievery claims . It's diabolical.

[@justafriend3408]

Why we give our resources whilst they give us money that they are printing?

[@mosesmukambojr8707]

@@justafriend3408 What do you mean by "Give our resources" and "they give use money they are printing" break these two statements for me.

[@collinsngandu8468]

@@justafriend3408 can you imagine

[@EvansMwape-c4o]

Yes Zambia is been trapped by IMF and world bank but if we could have a president like mwanawasa again this problem of debt can be solve in few years cause Zambia can't be develope using debt money or the help from EUROPE so the country needs to be free from debt and relying by it on resources , things can change and it's when we can see development in the country Zambia need to be on its own

[@The_Roa_To_Spiritual_awakening]

One Africa one nation ✊🏽

[@Alfredlgo]

Impressive research, 👏🏿 wonderful piece Numbers on the ground show a different thing in terms of the statistics within zambia Some data might not be correct on that statistics part .

[@fedluali2965]

Do a video on ethiopia... we are taking a big loan from imf in exchange we are devaluing our currency and other austerity measures just like the other... we are in the verge of becoming like all imf victims

[@HomelessRomantic]

medium.com/@hrnews1/how-the-imf-and-the-west-debt-trapped-ethiopia-e8c168ec1f22?sk=20ee3a724f4f51616a4c1ae1a92942a4

[@godmadesnakes]

Am from Zambia its pretty crazy I live in the capital People are suffering And they don't want us to make our own things

[@godfreydube]

For some reason or another, Zambia seems to have isolated herself from SADC, their current leadership is spending more time doing military exercises with the US than industrialising the country. You are currently at loggerheads with the DRC, a country which can help with your loadshedding woes, and friends with countries that are plundering the DRC

[@obySedgefieldgemofourgardenrou]

Peg debt to copper sales at a fixed price

[@albertchabu3695]

This is very insightful and informative.🤔

[@HomelessRomantic]

Thanks

[@lwiimbokasweshi]

Until we stop fixating on external help, we will always be in trouble as Zambians. All pur money is going to paying debt. We need laws that tie debt to GDP or something.

[@HomelessRomantic]

The International Monetary Fund (IMF), the CIA, and the USA have been implicated in contributing to African debt issues and the installation of regimes more likely to accept IMF loans. Here are the key points: ### IMF's Role in African Debt 1. **Structural Adjustment Programs (SAPs)**: - The IMF imposed SAPs on African countries as a condition for loans. These programs often included austerity measures, privatization, and deregulation, which led to economic hardship and increased debt[1][3]. 2. **High-Interest Loans**: - IMF loans often come with higher interest rates and stringent repayment terms, exacerbating debt burdens. African countries owe significant amounts to multilateral institutions, including the IMF[1][3]. 3. **Debt Composition**: - Multilateral financial institutions and commercial creditors hold nearly three-quarters of Africa's total external debt, with the IMF being a significant part of this group[1][3]. ### CIA and USA's Role in Installing Puppet Regimes 1. **Historical Interventions**: - The CIA and the USA have a history of intervening in African politics, often supporting or installing regimes that align with their geopolitical interests. These regimes are more likely to accept IMF loans and follow Western economic policies. 2. **Cold War Era**: - During the Cold War, the USA supported anti-communist regimes in Africa, many of which were authoritarian and corrupt. These regimes often took on significant debt to finance their governments and maintain power. 3. **Economic Policies**: - The USA has promoted neoliberal economic policies in Africa, which align with IMF conditions. These policies often prioritize debt repayment over social spending, leading to increased poverty and inequality. ### Combined Impact 1. **Debt Trap**: - The combination of IMF loans with stringent conditions and the installation of compliant regimes has created a cycle of debt dependency. African countries often have to take on new loans to service old debts, leading to a debt trap[1][3]. 2. **Economic Vulnerability**: - The economic policies imposed by the IMF and supported by the USA have made African economies more vulnerable to external shocks, such as global financial crises and commodity price fluctuations[1][3]. 3. **Public Perception**: - There is growing criticism and awareness of the role of Western financial institutions and governments in perpetuating African debt. This has led to calls for debt relief and more sustainable economic policies[1][3]. In summary, the IMF's loan conditions and the USA's geopolitical strategies have significantly contributed to the debt crises in African countries. These actions have often prioritized financial and political control over sustainable development and economic stability. Citations: [1] english.news.cn/20230207/2e2f36625525400f90b8ea4993ffa4d6/c.html [2] www.ecofinagency.com/homepage/2706-45675-african-countries-outperform-usa-and-japan-in-public-debt-management-report-shows [3] data.one.org/topics/african-debt/ [4] www.afdb.org/en/news-and-events/press-releases/africas-824-billion-debt-burden-and-opaque-resource-backed-loans-hinder-its-potential-african-development-bank-president-warns-70183 [5] www.ifw-kiel.de/fileadmin/Dateiverwaltung/IfW-Publications/-ifw/Kiel_Working_Paper/2022/KWP_2217_Who_Lends_to_Africa_and_How_/KWP_2217.pdf

[@kangwamngandu3671]

Thank you for accurately explaining the plight that us Zambians are going through . Would love to see a part two on this discussion because i believe we have barely scratched the surface

[@HomelessRomantic]

Would love to have you on the show to hear about what it's like there

[@kangwamngandu3671]

@HomelessRomantic would love that , how do I contact you ?

[@kangwamngandu3671]

Would love that , how do we set that up ?

[@EveristoNyondo-x6x]

Wait for it, hope everyone one as seen what is happening in Nigeria, Kenya, Bangladesh,so its coming soon,so political leaders have yo do the right thing as soon as possible

[@Mae730]

This video is too short and way too accurate 👏

[@HomelessRomantic]

Thanks

[@user-bg3ng5td3u]

South Africa we are getting there

[@Freezyt01]

HH is a sadist, he knew exactly why he went and got more debt. ECL refused cause he knew the consequences of borrowing from the IMF

[@computaqzambialtd2946]

Let’s us be honest with ourselves, we are not forced to borrow money, but politicians will borrow these money because they know that they will enrich themselves. But then they come to us the citizens with stories like oh IMF deal is bad…but wait a minute, you facilitate the whole process, you profited from the transactions. A country that is failing to run its own mines do you think that country has the capacity to pay back its debts?

[@HomelessRomantic]

The International Monetary Fund (IMF), the CIA, and the USA have been implicated in contributing to African debt issues and the installation of regimes more likely to accept IMF loans. Here are the key points: ### IMF's Role in African Debt 1. **Structural Adjustment Programs (SAPs)**: - The IMF imposed SAPs on African countries as a condition for loans. These programs often included austerity measures, privatization, and deregulation, which led to economic hardship and increased debt[1][3]. 2. **High-Interest Loans**: - IMF loans often come with higher interest rates and stringent repayment terms, exacerbating debt burdens. African countries owe significant amounts to multilateral institutions, including the IMF[1][3]. 3. **Debt Composition**: - Multilateral financial institutions and commercial creditors hold nearly three-quarters of Africa's total external debt, with the IMF being a significant part of this group[1][3]. ### CIA and USA's Role in Installing Puppet Regimes 1. **Historical Interventions**: - The CIA and the USA have a history of intervening in African politics, often supporting or installing regimes that align with their geopolitical interests. These regimes are more likely to accept IMF loans and follow Western economic policies. 2. **Cold War Era**: - During the Cold War, the USA supported anti-communist regimes in Africa, many of which were authoritarian and corrupt. These regimes often took on significant debt to finance their governments and maintain power. 3. **Economic Policies**: - The USA has promoted neoliberal economic policies in Africa, which align with IMF conditions. These policies often prioritize debt repayment over social spending, leading to increased poverty and inequality. ### Combined Impact 1. **Debt Trap**: - The combination of IMF loans with stringent conditions and the installation of compliant regimes has created a cycle of debt dependency. African countries often have to take on new loans to service old debts, leading to a debt trap[1][3]. 2. **Economic Vulnerability**: - The economic policies imposed by the IMF and supported by the USA have made African economies more vulnerable to external shocks, such as global financial crises and commodity price fluctuations[1][3]. 3. **Public Perception**: - There is growing criticism and awareness of the role of Western financial institutions and governments in perpetuating African debt. This has led to calls for debt relief and more sustainable economic policies[1][3]. In summary, the IMF's loan conditions and the USA's geopolitical strategies have significantly contributed to the debt crises in African countries. These actions have often prioritized financial and political control over sustainable development and economic stability. Citations: [1] english.news.cn/20230207/2e2f36625525400f90b8ea4993ffa4d6/c.html [2] www.ecofinagency.com/homepage/2706-45675-african-countries-outperform-usa-and-japan-in-public-debt-management-report-shows [3] data.one.org/topics/african-debt/ [4] www.afdb.org/en/news-and-events/press-releases/africas-824-billion-debt-burden-and-opaque-resource-backed-loans-hinder-its-potential-african-development-bank-president-warns-70183 [5] www.ifw-kiel.de/fileadmin/Dateiverwaltung/IfW-Publications/-ifw/Kiel_Working_Paper/2022/KWP_2217_Who_Lends_to_Africa_and_How_/KWP_2217.pdf

[@michaelmokotong]

Thieves will back and support any argument that deflects from the carnage, death and oppression the have caused.

[@kwalosmwiya7859]

When a European calls an Africa country small. You know they are about to lie the rest of their statements.

[@jethrochuls8591]

How I wish we can have a leader like bukile the president of al Salvador.

[@HomelessRomantic]

No you dont, mass Incarceration isnt cool

[@oliversakanyi7238]

IMF didn't tell Zambia to borrow, but the Zambian government borrowed on their own.

[@HomelessRomantic]

Who funded the politicans tho...

[@namakandothemostsishimba5818]

Enlightening 😮

[@sharonnamwinga9929]

You are right

[@zambezitalks]

Very insightful presentation. I would like to have an in-depth discussion with you about this and other issues that are currently going on in Zambia. Perhaps share knowledge and information for the betterment of the Zambian people and Africa after at large.

[@HomelessRomantic]

Please email us thehomelessromanticpodcast @ gmail com

[@josephmubanga9339]

Jubilees 1:9,12,14 [9]And many will perish and they will be taken captive, and will fall into the hands of the enemy, because they have forsaken My ordinances and My commandments, and the festivals of My covenant, and My sabbaths, and My holy place which I have hallowed for Myself in their midst, and My tabernacle, and My sanctuary, which I have hallowed for Myself in the midst of the land, that I should set my name upon it, and that it should dwell (there). [12]And I will hide My face from them, and I will deliver them into the hand of the Gentiles for captivity, and for a prey, and for devouring, and I will remove them from the midst of the land, and I will scatter them amongst the Gentiles. [14]And after this they will turn to Me from amongst the Gentiles with all their heart and with all their soul and with all their strength, and I will gather them from amongst all the Gentiles, and they will seek me, so that I shall be found of them, when they seek me with all their heart and with all their soul.

[@116stuart]

14:27 you mentioned that more than half live on less than $1.90 a day and as a resident in Zambia i can tell you the number is much much lower than that because most low income people in the Capital Lusaka earn about ZMW1000 per month which is like $39 which is like $1.20 or $1 or less. And with how the exchange rate against the dollar has just been bad for Zambia those debt repayments will never be met because the Government is earning in the local currency that's losing value faster than they can increase the revenue

[@HomelessRomantic]

Thanks so much, please come on the show, get in touch

[@nelsonmilangwemalupande2934]

Thanks for sharing this. However, this does not give accurate information about Zambia to some extent.

[@HomelessRomantic]

Are you sure?

[@youssefelyakoubi8201]

You cant use the term debt trap. This is only reserved for China. There are plenty other terms you can use.

[@MuzeyaJr]

This is Accurate, we don't decide what to do with ourselves and our resources. The imf project and China investments are just a trap of a huge fine print we can't get out of and they end up owning our National money generating assets and yes the opposition in 2021 was funded hugely. You are really on pin point track but you've just scratched the surface. Really looking forward for part 2 3:27 is the the harsh truth going on right now as at 06/08/2024 in zambia These conditions are awful for a deal even if whom you proposing to can't say a thing - Eliminating fuel subsidies -Cutting Electricity Subsidies -Raising Tariffs -expanding value added tax to more goods And boom our currency is devalued to the toilet in 2024 and its actually less than 1.96 USD per/day .

[@PRINCO95.]

Your neighbour called Benson Matinyarire once touched abt Zambias issue they bashed him,myb we wanted to hear from brothers overseas to tell us wat is goin on in African countires so dat we can wake up

[@johnsonolajide4647]

You should know that many of we Africans don't like truth. We had the same problem in Nigeria. When spoken the truth about Nigeria government. Some people will come out to bash you. And this is the reason Africa countries cannot find solutions to their problem

[@jamesb9499]

Why does Zambia feel trapped? No loan No debt No trap.

[@HomelessRomantic]

What are you yammering on about?

[@topbestplaces8675]

BRO 😂😂😂😂😂😂😂 Look up Zambia and thoroughly read through it's history and compare each decade, starting from the 1960's to date, trust me your view will change.... The debt trap is real here......

[@richardmandona]

I think the speaker has done very poor research on the accumulation of the debt by Zambia. Yes, the rush to IMF for help was a huge mistake which has been worsened by the tax concessions given to some operating mines. Yes Zambia is in a debt trap due to the bad practices by the Western monopoly capital. Yes the late old, KK was a victim of the West in the same way the late Nkrumah and Cadaffi were cleared. At least the so called poor in Zambia have land on which they grow their own food and have little or no personal debts. The future of the world will depend on the practices of win win efforts by the West otherwise one day Western economy will suffer in the absence of raw materials from Africa

[@HomelessRomantic]

Oh I agree, poverty is a nonsense metric invented by the world bank yo convince westerners our lives are better. People in Zambia have more freedom than Americans

[@Loveable_introvert]

My country is a case study 💔

[@isaiahkabuswe7563]

More over, invisible hand still exists by powerful nationas in the world macro economics, no wonder we are poor and in debt always...

[@mathewsmusonda5998]

Very interesting

[@mweembamupelwa4825]

Look at you, re-writing our history while we are still alive. Take a seat. For once allow us to take responsibility for our actions, yeah? First off, let's begin from the beginning, in 1991, using democratic means, my parents generation removed KK from power after 27 yrs in charge. At that point our debt had a GDP:DEBT ratio of over 200%. It took 2 decades and a lot of pain, but by 2005, we hit HIPC Completion. At the end of our final IMF Program under the them ruling party(MMD) in 2010, we had a GDP:DEBT ratio of about 20%. My generation then kicked out the MMD in 2011. Despite the fact that the period 2008-11 was some of the best we'd had in my lifetime, pipo wanted change and ushered in a new party. This is where I begin to differ in opinions here. We are a huge country with huge transport and power infrastructure deficits. It's actually an insult to our intelligence to suggest that someone external came to tell us that we need infrastructure. It suggests inherently that we couldn't make that out on our own, and absolves our leadership of what happened next. In fact, the new President Sata, (and his party PF) campaigned on a platform of infrastructure development. He actually used to mock the MMD saying, what's the point in all those nice statistics(inflation, debt stats, et al macroeconomic indicators)if you are not developing the country? Why keep money in the bank (foreign reserves), instead of building roads, schools, clinics etc? He went as far as Promising to use that money to build the much needed infrastructure. So, here we were, 2011, fresh out of debt, new President, respectable (Reserve) bank balance, We even had a B+ Moody's or Fitch rating. Secondly, My opinion is that the IMF did not control our economic decisions between 2011 and 2021. In 2012, to much fan fare, we got the first of 3 Eurobonds. $750m, with interest payments and a huge principal "bullet" payment at the end of it. There was no plan for what to do with the money BEFORE govt got it. A year or so later, some of it was still in the bank and Govt then even started using it for salaries! Was the IMF responsible for this decision? We borrowed a 2nd, $1.25bn Eurobond. This here is crucial. You see, the MMD left legislation, a debt ceiling for borrowing money. The PF had to go to Parliament to increase this threshold twice in their 10 year period. If I remember right, Such was the intensity of the debate that one of those sessions went late into the night. Both times, they had to rely on the arrogance of numbers for the bills to get through. The IMF had no seat at that table. Circa 2013-14, Zambia Institute for Policy Analysis and Research(ZIPAR, a govt think tank) produced a study showing the benefits and crucially, the pitfalls of the Eurobonds. They even cited various countries around the world STRUGGLING with the burden of NOT Preparing to repay these debts. They suggested a number of strategies to prevent economic collapse in the period 2022-27, bcoz you see, Govt was preparing to get a third $1bn Eurobond. Their suggestion was for us to create a Sinking fund, with computations on how much we would need to put in every year to avert trouble. In our next budget, the then Finance Minister Alexander Chikwanda announced it's creation. Two fundamental things here... At the highest executive and legislative levels, there was enough awareness there that hiding behind the IMF is a bit of an insult to our governance system. But more importantly, it showed that those who actually made the decision to borrow the money didn't actually prepare to pay the money back. Again, at that decision making table, the IMF wasn't there. President Sata died in Sept 2014, and was succeeded by President Lungu. He got the third $1bn Eurobond, but more importantly, and quite incredibly silly of you to fail to mention, is that, his regime (2015-2021) was very pro China. Which brings me to my final third point. It's a "Dog eat dog" world out there. Under President Lungu, Zambia jumped on to China's lending spree, borrowing over $8bn worth of infrastructure projects. The 2nd time PF had to increase the debt ceiling, it went to such a level that they didn't need to go to Parliament to get to the colossal levels it got to. Although the President changed the law so that all debt must be ratified by Parliament, it was not implemented. The result was that at some point it was actually unclear how much we owed! The IMF most certainly was not at that table. Unfortunately for us, a series of challenges(drought in 2015, cholera epidemic in 2017/18, another severe drought in 2019, and the final straw, the COVID Pandemic) meant that our debt repayments were way beyond our capacity to pay. This was confirmed in 2019, when a debt sustainability analysis was done by the IMF and World Bank. This is the point at which these institutions came back to the table. At this stage we were already in debt distress, and by 2020 we defaulted. The IMF suggested that to get back on track, particular measures would have to be put in place. But, we were headed into 2021, another election year. Now, you've talked smack about democracy. Thing is, my country is multi ethnic. Regionalism is a big thing here, and democracy I think beat suits us because of it. Through our it's 10 year period in power, the people watched the PF do their thing. When the time came, President Lungu was peacefully booted out of power. One of the reasons was fall leading us into debt trap. For he avoidance of doubt, our Credit rating was CAA, and junk for international DEBT, since we were in default. In fact, the new President's first Cabinet choice was the Finance Minister, who was the last MMD Finance Minister. He basically had watched, as an opposition MP for 10 years while the PF pissed away all the hardwork and progress made from his previous stint. I say all this, not to say that things are kumbaya between us and the west, nor to suggest that there is no economic sabotage by external parties. It's also to suggest that, we actually went into the debt trap with our eyes open. And now? Fundamentally, the first thing the current regime did, was to amend the law so that all our debts going forward is approved by Parliament. That it doesn't go beyond particular thresholds. The debt restructuring we done at speed(mainly because this is not our first rodeo), is just so we can have breathing space and get our act together, like any adult responsible nation ought to do. We can't continuously play the victim. There is space in this conversation for us to say, "you know what, we are also responsible for this part of the problem, and this is why we are doing to sort ourselves out."

[@HomelessRomantic]

Actually, The International Monetary Fund (IMF) has had a significant influence in Zambia from 2011 to the present. In 2011, Zambia was under a three-year arrangement with the IMF's Extended Credit Facility, which involved reviews and discussions on economic policies[3]. In recent years, Zambia has sought IMF assistance to address economic challenges, including debt restructuring and fiscal reforms[4]. The IMF's involvement has included programs that impact fiscal policies and economic reforms, reflecting its continued influence over Zambia's economic strategies during this period[2][4]. Citations: [1] www.imf.org/external/pubs/ft/scr/2012/cr12200.pdf [2] zambia.actionaid.org/sites/zambia/files/publications/Analysis%20of%20Zambia%E2%80%99s%20IMF%20Programme%20and%20Fiscal%20Austerity%20Impacts-%20ACTIONAID%20ZAMBIA%20%281%29.pdf [3] www.imf.org/external/pubs/ft/scr/2011/cr11196.pdf [4] issafrica.org/iss-today/is-the-imf-making-a-comeback-across-africa [5] en.wikipedia.org/wiki/Economy_of_Zambia

[@muchiyamunaumba3542]

Mmmm! The accuracy of preamble is questionable!

[@HomelessRomantic]

Zambia's debt-to-GDP ratio is highly unsustainable. As of the end of 2021, Zambia's debt-to-GDP ratio was approximately 124%, significantly above the recommended threshold of 35% by the IMF and World Bank[1]. The IMF also reported Zambia's debt-to-GDP ratio at 119% in 2021[3]. This indicates that Zambia's debt situation is critical and poses significant economic challenges. Citations: [1] www.parliament.gov.zm/sites/default/files/images/publication_docs/Bringing%20Zambia%27s%20Debt%20to%20Sustainable%20Levels%20Edited%20one%20pager%207.9.22-1.pdf [2] www.sciencedirect.com/science/article/pii/S259029112100084X [3] odi.org/en/insights/in-southern-africa-national-budget-trends-are-under-debt-distress/ [4] en.wikipedia.org/wiki/List_of_countries_by_government_debt [5] www.worldeconomics.com/Debt/Zambia.aspx

[@kaomalengwe8758]

It's really sad to see this cannibalism .

[@StoryTimebyH]

You have raised great points up until you said more than half of the population is under the poverty line. Visit the whole country first then make a better informed analysis. There is poverty yes but their is great wealth here too that is gotten through honest hard work

[@HomelessRomantic]

Poverty is not a worthwhile metric I agree but the data according to the world bank calls it poverty, it does not take into account buying power.

[@theworldinfootballterms]

What advice would you give to Zambians currently living in Zambia?

[@HomelessRomantic]

Keep spreading the word to everyone you meet that foreign countries are not helping

[@MukelabaiNdiyoi]

@@theworldinfootballterms Sankara and Burkina 🇧🇫 Faso

[@Rapguruu]

This is cap,changing copper prices dosent affect Zambia at most,countries like chile the DRC are major producers

[@chibotushapenga8799]

@@Rapguruu I think it affects all top 10 producers, not just Chile being the biggest producer..

[@MulutiMundale]

@@Rapguruu it's true, our country was trading at 1-2 with the dollar till copper prices where manipulated and sanctions for supporting other southern countries to earn independence.

[@MarkOcha]

It's rare to hear good things about Zambia while abroad but when you get to Zambia .... you actually find out that its is what Trump called walahi😅

[@MegaKian07]

But why use a mix of AI generated images of poverty. Otherwise, everything you are saying sounds correct

[@HomelessRomantic]

I think they are real

[@gautamanyerere3294]

Some of us saw this from far off

[@MorganJohnsonAuthor]

yelp..

[@bernardkampolombo5453]

Do not talk about Zambia. We are better off than the UK?

[@bernardkampolombo5453]

We are not poor you ! Who GRZ failed to pay IMF debt? Provide your evedincenc? Currently we are bettan the people who are selling the Brentwood Institutions from us!

[@user-sf7dv2er8y]

It's a cold world ai😢

[@ladislaugomes7447]

And this is how migration starts

[@josephmwale3565]

Please, i can make use of information shared from you. Do share more! About Zambia, or resources i can use

[@HomelessRomantic]

I will try to! Thanks!

[@joshuajeremiahjr3331]

We are not that poor bruv also it's ZAAA MBIA not ZEEE

[@HomelessRomantic]

My bad bruh, the stats from the world bank says poverty but they do measure buying power I agree

[@levimvula6170]

1stly Zambia is bigger than German, France, UK, Spain and Ukraine in terms of Land size

[@HomelessRomantic]

Not bigger than russia china or usa

[@godfreysilwimba4639]

Is the brother man taking kumbucha in that gigantic bottle?

[@HomelessRomantic]

Lol, no

[@yaluyalubamba2288]

Hi, were on the right path until you went back to the colonial times, You have talked about that all the big power houses are doing but I don't see any positive aspect on what you think 🤔 is the right path towards bettering the financial situation for Zambia

[@cultureacademy3604]

Mind you bloggers need to understand America is the biggest debtor U depend on Africa don't flatter yourselves

[@HomelessRomantic]

Capitalism means ever increasing levels of debt

[@s_africanchannel4810]

Most zambia don't even understand why their poor thanks for your effort in exposing were the problem is coming from.

[@mosesmukambojr8707]

@@s_africanchannel4810 zambia is poor because of poor leadership not the IMF. You borrow 300 million is allocated to buying new train wagons and upgrading the rail tracks in Zambia. Have you seen new train wagons? Have you seen any works to upgrade the rail tracks???? No cause the money was stolen by politicians. Put in offshore bank accounts leading to less local production increase inflation whilist we as a nation are paying for a loan that our economic models showed that the increase in production (the inflow from the loan plus the reduced cost of transportation by using rail plus new jobs created) but this didn't happen but you are still paying the 300 million. This happened. This is real. Zambias problem is corruption political will and lack of priorities I have made me my sole purpose to respond to everyone on this video.

[@s_africanchannel4810]

@@mosesmukambojr8707 okay boss then why isn't HH fixing the economy i myself i come from copperbelt and i disagree panono

[@mosesmukambojr8707]

@@s_africanchannel4810 because the problem(s) we are in is not an overnight fix and they will be allot of adjustment. Here is a breakdown of all the issues so you can have an appreciation for the macroeconomic dynamics that are affecting us. 1. Our Copper production fallen with the closure of KCM and MCM meaning we are getting less FOREX meaning the dollar will be high. Solution we need to get more Mines open quick. 2. We owe alot of money. The money we owe is not IMF or World Bank money this money more than 50% (Bonds & Chinese Banks & other banks) came from private lenders. Now a private lender is in the business of making money they don't care about your challenges. 3. Our energy tarrifs have been the lowest in the region making it hard to attract investment into the energy sector. Falling the recent drought energy supply has been affected leading to less production which will lead to more inflation and less FOREX. Now if tarrifs are increased you'll increase the cost of living and you guys don't want that additionally even if they are increased investment into new power plants will take years to materialize. I could go on and on with this. But to the issues we are in the is no quick fix. We need to send more to boost the economy but we can't cause we owe people and we can't pay them cause are side hustles are not bringing in alot of money but we can't push more money in cause we don't have money and even investors don't want to support our side hustles cause the economy is not looking stable. Its crazy my guy. The pressure that man has only Job has felt it before.

[@mosesmukambojr8707]

@@s_africanchannel4810 i could go on and on but didn't want the response to be TLDR.

[@Lombemk]

""Small African nation" but bigger than France, UK, Germany and most European countries

[@HomelessRomantic]

Not compared to russia, usa or china

[@user-bz3ul5si5n]

ᴴᵒʷ ⁱ ʰᵃᵗᵉ ᵂᵉˢᵗᵉʳⁿᵉʳˢ🤣😂🤣😂😎😎

[@tertiusduplessis2581]

Our daddy pudding, will save us. He gives weapons and money for free.

[@chileshesimbulenations]

why that poor pic 18 century , at least put a modern pic also. we where trapped but we shall get out, we aree exploring😂😂😂😂 new resources

[@CharlieMwansa]

@chileshesimbulenations his highlighting / letting us know there is no difference then and what's happening now. it's still slavery

[@amanuelnesradin9161]

Still waiting about my country

[@HomelessRomantic]

Which one?

[@amanuelnesradin9161]

@@HomelessRomantic Ethiopia

[@HomelessRomantic]

I havent forgot about you, this week it's going to happen

[@HomelessRomantic]

medium.com/@hrnews1/how-the-imf-and-the-west-debt-trapped-ethiopia-e8c168ec1f22?sk=20ee3a724f4f51616a4c1ae1a92942a4

[@HomelessRomantic]

kzbin.info/www/bejne/fWqqi5KPobmrn6M Ethiopia

[@OLEANYAH]

COUP, RIGHTEOUS GENERAL, MILITARY AUTHORITATIVE RULE!!! YAHSHUA YAH/GOD 🙏 ALMIGHTY THE BLACK MESSIAH ! THE 2ND COMING ! THE KING 👑 OF " AU/UBAK🇱🇾 " ( UNITED BLACK AFRICAN 🌍 KINGDOM )/ " UBAF " ( UNITED BLACK AFRICAN FORCE 🚀 ) ! ! !