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Chris Becker

Africa: The Next Major Boom-Bust Cycle?

Mises Daily

Author: Chris Becker

Online Publish Date: August 22, 2013

Category: Booms and Busts, Global Economy

As Western economies start to regress in earnest following decades of failed and destructive monetary inflation and debt accumulation, yield-starved investors are allocating real capital to the one industrially untapped continent in the world: Africa. However, we’re not seeing industry moving to Africa to set up shop. Rather, politically-directed

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