Afrikan Peoples of Afrika, the America's, & Asia have been in a perpetual state of Economic Depression, since 1444. From then until now we have existed in survivalist mode undergoing sociological, psychological, political, economic and spiritual domination and impoverishment. The current economic downturn is but a skirmish prior to a battle in a war that we have forgotten we are in.
1444: Portuguese explorers reach the mouth of the rivers Senegal and Gambia.The first European slave market for the sale of African slaves, the Mercado de Escravos, opens in Lagos, Portugal. Portuguese caravel lands 235 slaves at Algarve, Portugal.
1492: Collapse of Moorish Political & Economic power on the Iberian Peninsula.
Boabdil, the last Moorish King of Granada, surrenders his city to the army of Ferdinand and Isabella after a lengthy siege, ending the 10-year Granada War and the Reconquista which lasted almost 800 years. Christopher Columbus is in Alhambra, and sees the Moorish king come out of the city gates and kiss the hands of the Spanish king, queen and prince. Death of Sonni Ali Ber founder of Songhay Empire and ascendance of Askia [the Usurper] Muhammad.
1591: Morroccan invasion of the Songhai Empire. From this point forward the differentials in military technology would lead to a 4 centuries long reversal in Afrikan political, and economic fortunes.