So your definition of neocolonialism boils down to ‘has trade and diplomatic relations with the US and France’?

And isn’t that quite offensive against the African states? You imply that they could not have created an intranational community without centering it around Western powers, no?

How, in your opinion, is ECOWAS a tool for neocolonialism?

You are right, the spot exchange rate at a given point in time is random and tells you nothing (nothing!) about the value or strength of a currency. Japan is a great example.

What, however, does indicate a weakening or economic downturn is the uncontrolled depreciation of a currency, which errodes savings, threatens foreign debt paybacks, and makes imports more expensive

The Yen is relatively stable for decades at its spot. The Rubel is sliding against monetary and fiscal efforts, which indicates deeper macroeconomic issues.

In all fairness, FPTP did create one of the oldest, most successful democracies that ever existed on the planet. Now, I’m not saying it shouldn’t be reformed (it should be), but calling it a straight up terrible no good isn’t right either