Cost of Living Crisis: America, Europe and Nigeria

America, Europe and Nigeria are all grappling with the cost of living crisis, a situation that has elicited widespread concern. In America, the election of Donald Trump as president was a stark contrast to Barack Obama's presidency. Obama's election was seen as a possible end to racial poison that had been a part of American history since its founding.

However, Trump's presidency was a continuation of the racial divide, with the Republican party playing John the Baptist to his arrival. His election was seen as a reflection of the resentment felt by many Americans towards Obama's presidency.

In Europe, the rising costs of food, energy and housing have put pressure on households that have been working hard to make ends meet. In response, far-right parties have emerged, blaming migrants and foreigners for the economic woes. Nigeria, too, is facing a similar cost of living crisis, which has led to sporadic street protests and demonstrations.

The country's economic policies, which have included subsidy removals, devaluation and privatization, have pushed a significant portion of the population into poverty. Despite these hardships, there is hope that neo-liberal policies can set Nigeria on a path towards progress and development, provided that mitigation measures are put in place to support the most vulnerable segments of the population.