Money Circles seeks to shed light on the collapses we are courting as our economies here in Africa have not been circulating money but draining it. They have been profusely bleeding for decades but it’s now accelerated by borderless tools that sucks money at fiber optic speed. We started by draining skilled labor and with it the intellectual capacity to produce in Africa. We drain via imports creating massive trade deficits. The resultant unbalanced trade constantly throws us out of balance as we stagger towards blood merchants in the IMF and World Bank for transfusion to find some stability. Since this is not a circle but linear, it’s temporary and a collapse or take over of productive sovereign assets or income generated from them is what ensues.
Money Circles will look at the CULTure and the psychology that makes this unwise economic configuration possible. It will look at the network of drainage pipes in our economy in Manufacturing, Agriculture and Finance. The emerging picture will reveal an unstable system as the tanks are not infinite and a collapse is imminent. In fact, scattered collapses are evident in different pockets of each African country, presenting as rising crime, drug addiction, idleness, and entertainment overconsumption to numb hopelessness. While all these may seem to have different etiology, they are children of the same father called trade deficits or lack of fair trading circles within each African country and trade with international giants
Missing Fingers
Circles Everywhere
Bites of Death Sending Money Abroad
An Entrepreneur’s Mind
However, Money Circles is not simply a proclamation of disastrous outcomes of our current economic configurations in Africa which are linear as opposed to circular, but it’s solutions manual. The author follows a process he practices in healthcare which is Assessment, Diagnosis, Intervention, Evaluation. Before becoming an author of economics books, he treated heart surgery patients in Cardiac-Thoracic ICU as an ICU nurse. He earned his Bachelor of Science in Nursing from University of Alabama at Birmingham (UAB) and a Masters of Business Administration in Finance (MBA) from California State University (CSUB). His experience in a variety of economic sectors and settings spanning more than two decades informs his all-rounded economic and business perspective. As such Money Circles is an assessment of our current Economic structure and the diseased manifestation of it. Further, on the basis of the presenting symptoms, Economic prescriptions are made but they all have similar prescriptions as you read through the chapters: Circles! Money Circles! Explicit and implicit Money Circles is a constant theme which is the solution to wade off a collapse and heal existing pockets of collapse as well as create a thriving economy that is working for Africans. The current system drains from Africans using a network of separate and interconnected pipes and chains. The result is captured or indentured African servants who are simply a slaved cog in the global economic engine.
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