An American economist by the name Dr Howard Nicholas has garnered attention for a recent video of him which is going viral.
In the video, the economist is heard urging his colleagues to do their best to keep sub-Saharan Africa where it is and ensure it stays poor.
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“Sub-Saharan Africa has been fundamental to the global prosperity of advanced countries, and Africa had a role to play,” Nicholas revealed during a press conference.
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“It has a role as a raw material producer. We will not allow Sub-Saharan Africa to escape that. We will do everything to keep sub-Saharan Africa where it is, also impoverished,” he continued.
According to Howard, keeping the continent poor is “vital for the prosperity of everyone” and in the best interest of everyone.
“All the economic structures, all the global institutions and the economics we teach everyone is all designed to keep Africa exactly where it is,” Howard stated.
According to Nicholas, the main aim is that advanced countries need Africa’s raw materials, and they need them “dirt cheap.”