Africa wants China as a partner because it expects nothing in terms of transparency and human rights. Now the African Union is pointing to China as a model for development. This is not a good example: China is still a poor (as well as repressed) country. On the other hand, the major Chinese investments in Africa risk being lost in collapsing states.

For years, it seems that the only way to resolve economic crises is by central banks issuing new liquidity. However, this continuous creation of money “out of thin air” has negative ethical implications. It damages individuals and social cooperation.