Dumping the CFA franc!

Its good to hear that nations formally colonised by France and subject to a stranglehold on their wealth because of French domination are finally getting their own currency so that they can ditch the CFA Franc. At least that’s the plan, there are hurdles to overcome.

Here is an Al Jazeera article on this story.

Here is a link to The European Union vs French Colonial Taxes, where I wrote about the mind boggling amount that France extracts from these countries each year.

Posted in Economics, News.

Leave a Reply