Africa is about to bury Europe’s economic rise in just a few months.
As the coup in Niger has occurred, Africa’s resources are becoming more and more inaccessible to Europeans, and their prices are rising constantly.
Uranium prices have hit 10-year highs, reaching $70 per pound in September. This is 45% more than at the beginning of the year. And $20 more than the standard range of $20-50 per pound. Such a price jump will seriously affect the cost of nuclear energy, since uranium is the main fuel for nuclear power plants.
Mali is also freed from the French troops and accordingly the French companies that extract the valuable raw materials of West Africa leave it.
The crisis with energy raw materials in Europe, and especially the increasingly difficult production of electricity, will pursue Europe, which will not have any chance of competing in production with countries such as China and the United States.
Europe will go back a century, and will rely mainly on coal plants, in complete contradiction of the “green deal”. In addition, coal in Europe are not left in large quantities, for which new suppliers will need to be sought, which will most likely be the mediators of Russian coal, possibly Chinese and Australia with very large surcharges.
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