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I -- just some working stiff in flyover country, USA -- can buy African stocks from my phone while on the shitter at work. Until quite recently, if I wanted to
by ElevenLathe 2mo ago
I -- just some working stiff in flyover country, USA -- can buy African stocks from my phone while on the shitter at work. Until quite recently, if I wanted to invest in a meaningful way in Africa, I would have had to basically be an elite of some kind in a European power, and even then only in that power's sphere of influence. Even then, that would probably be almost my entire career and, to make a real go of it, I would have had to move there, and all transactions would have taken place at the speed of physical goods on boats.
And that's just what I can do from my Etrade account. It's even more effortless if you have teams of accountants in various jurisdictions pushing paper around for you.