Why are predominately black countries mostly poor? in your opinion

Kritic

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barack on the other hand has extended bush's sactions on zimbabwe.

any sanctions on israel for the treatment of palestinians?

why are they worried about little ol zimbabwe
 

theworldismine13

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that's based on performance not opinion. gadafi did pretty good for himself, libya and african countries to deserve the title.

my homie idi amin was the king of scotland.. you got a problem with that :usure::stopitslime: scottish ppl didn't.
barack on the other hand has extended bush's sactions on zimbabwe.

any sanctions on israel for the treatment of palestinians?

i approve of baracks policies in africa
 

Tommy Knocks

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but nigeria does produce oil, a lot of it, so if you cant show that nigeria and norway get different prices than its obvious you were just making shyt up

now apparently you seem to think im gonna forget that i just caught you making shyt up and move to some other shyt about chile

copper, like cobalt and oil are sold in the open market, chile has nothing to do with anything in this thread, copper from chile is sold at the same price as copper from anywhere else in the world

the type of ignorance you are showing of basic free market principles is why black people are poor
how much its sold for, and where the profit goes, are 2 different things. Chile clearly benefits from ALL of its extracts, while Africa does not. True or False? Norway does, and Nigeria does (now), so that's not a good example, Nigeria is actually on the verge of passing third world status, so its not a good example to use. So I simply move down the coast to a poor region with no oil and instead has foreign companies leeching off their resources.

You can avoid what Im saying right now in this post, and it doesnt matter. As long as everyone sees the reason to the title, that's good enough for me.
 

theworldismine13

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how much its sold for, and where the profit goes, are 2 different things. Chile clearly benefits from ALL of its extracts, while Africa does not. True or False?

of course how much its sold for and where the profit goes are two different things, that is why i said that african countries will never get rich from their resources, at the most resources can provide some change for government services and mke a few people more wealthy, but resources arent the key to wealth overall, having an educated population and a financial network is the key to wealth

and bottom line you got caught making shyt up about norway and nigeria getting different prices and you seem to be ignorant about simple free market principles
 

Tommy Knocks

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of course how much its sold for and where the profit goes are two different things, that is why i said that african countries will never get rich from their resources, at the most resources can provide some change for government services and mke a few people more wealthy, but resources arent the key to wealth overall, having an educated population and a financial network is the key to wealth

and bottom line you got caught making shyt up about norway and nigeria getting different prices and you seem to be ignorant about simple free market principles
Doesnt matter if I mispoke or not. Doesnt matter what you think I got caught doing, but the point still stands, that foreign companies are in full control of african resources, while other countries have full control of theirs. In order to educate your population and build a financial network, you need money. No money, you wont have it, as it is evident. If Goldberg Copper is extracting copper and giving you 8%, you're losing BIG TIME, and that money isn't being pumped into your economy to build any institutions. But if you've nationalized your resources and you are being allowed to sell everything out of your mines, while giving Goldberg a percentage for its equipment, you are getting a TON of money you can pump back into your economy. When an african country attempts this, typically the west sabotages this in various ways, including intl isolation, assassinations, and other means. Things they don't do with their neighboring countries. It's racial. point blank. With the emergence of china, we are seeing a totally different africa awake.

THAT is the answer to the thread title.
 

Kritic

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i gotta get some shyt done but at the end of the day the question to why black ppl are backward is clearly because of white supremacy and their c00ns agents.

some of these agents might not even know what they're doing. it's kind of like a cop trying to get to his quota to reach his performance goals to keep his job.

our coli agent here worldismine he says it all the time he will do anything which is of personal benefit to him. he's said that since sohh days.
 

theworldismine13

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Doesnt matter if I mispoke or not. Doesnt matter what you think I got caught doing, but the point still stands, that foreign companies are in full control of african resources, while other countries have full control of theirs. In order to educate your population and build a financial network, you need money. No money, you wont have it, as it is evident. If Goldberg Copper is extracting copper and giving you 8%, you're losing BIG TIME, and that money isn't being pumped into your economy to build any institutions. But if you've nationalized your resources and you are being allowed to sell everything out of your mines, while giving Goldberg a percentage for its equipment, you are getting a TON of money you can pump back into your economy. When an african country attempts this, typically the west sabotages this in various ways, including intl isolation, assassinations, and other means. Things they don't do with their neighboring countries. It's racial. point blank. With the emergence of china, we are seeing a totally different africa awake.

THAT is the answer to the thread title.

you didnt mispeak, you lied, you made several posts making the same assertion until i put a stop to it and explained basic principles of the free market to you

it doesnt matter who owns the minerals or resources as long as its getting taxed, but resources are not the key to development, there is not a ton of money in resources, there is actually very little money in resources but you dont understand this becuase you dont understand basic economic principles

real money comes from creating a capitalist economy and creating financial networks, it doesnt come from selling commodities in an open market, the indiviudal citizen is the most important resource a nation has, not commodities
 

Poitier

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:russ: @ this idiot not understanding that resources is a way to establish a manufacturing base :dead:

And you don't need capitalism to create public goods and social infrastructure :dead:
 

theworldismine13

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:russ: @ this idiot not understanding that resources is a way to establish a manufacturing base :dead:

And you don't need capitalism to create public goods and social infrastructure :dead:

you dont need resources to create a manufacturing base, korea and japan have literally ZERO resources and have one of the biggest manufacturing bases on the planet

and if the money doesnt come from capitalism, where do you think it comes from?
 

KOohbt

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Africa as a whole is growing rapidly can we even honestly say its backwards. I mean theres issues but most are just lingering colonialism. A couple generations will eventually rid itself of that right?
 
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