Why are predominately black countries mostly poor? in your opinion

theworldismine13

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congo just need to close their shyt up and say fuq it we're not selling. enough of this shyt. fuq wall street and fuq that "open market".

but it's too late for that now. the corporations have probably bought the land and resources and now just syphoning the resources out of there to make billions of dollars off it on wall street.

it doesnt matter what congo does with its natural resources, the literacy rate in the congo and the financial networks are what matters
 

Poitier

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well they better unite sooner than later cause the north muslims got some pretty big guns from you know who.. :shaq:

Boko Haram actually isn't that armed from what I've read.....they have avoided certain provinces that would blow them off the map.

And balkanization will have to happen anyways.
 

Chris.B

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Foreign aid is not going to develop anything, giving Governments money to finance their day to day operations is not going to improve an economy. Countries that have improved over time did not do so because they put foreign aid to use. A lot of it is for humanitarian reasons anyway because Westerners decided after some time that things such as dam building infrastructure development harm the environment and so they would start funding low level interventions. Foreign aid is not uniform too because it encompasses a whole variety of interventions from economic, budgetary support, military equipment, and food aid. Even if none of it was stolen it is still poorly targeted and could not be seen as a solution to economic development.
well the same money was given to Japan after WWII bombings and they are far ahead.

African leaders are corrupt. Blaming whitey is a cheap shot.
 

theworldismine13

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His point actually makes a lot of sense. What do are your resources if people don't have the proper education on how to utilize them nor the skills to operate and manage the machinery require to extract them? Education matters.


its simple math, if apple or sony pays 1 dollar a pound for cobalt and makes something and sells it for $100, congo will never get as rich

even if they raise the price of cobalt to $100, apple and sony will simply charge $200 for their product

selling resources is better than nothing, but its chump change in the global economy

developing the congo citizen and developing financial networks withing the country is 100x more important than selling resources
 

Tommy Knocks

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norway doesnt charge an arm and a leg for oil and fish, who told you that, oil like cobalt is sold in an open market, they sell oil at whatever the market rate is

congo cant get rich from its resources because there is widespread illiteracy in congo and because there is hardly any financial networks, neither congo nor any other african country will get rich from its natural resources, you get rich from developing your population not from selling resources

a lot of black dont understand that that is why black are poor all over
do the research yourself. Nigeria charges more or less $73 per barrel, found out how much Norway charges. Also check which is pegged off the dollar and which isnt.

and selling resources and developing your country go hand in hand. Nigeria is rich because of its natural resources which then fueled its development and financial infrastructure.

No financial networks? who made sure that never happened? :sas2:

are you telling me Norway and West African countries are treated equal? Since when was Norway colonized? Since when were their borders flooded with arms? Who backed Norwegian rebels and when? Countries that have been left alone and have not gone through colonialism or isolation, all strive.
 

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its simple math, if apple or sony pays 1 dollar a pound for cobalt and makes something and sells it for $100, congo will never get as rich

even if they raise the price of cobalt to $100, apple and sony will simply charge $200 for their product

selling resources is better than nothing, but its chump change in the global economy

developing the congo citizen and developing financial networks withing the country is 100x more important than selling resources

How should the process of developing financial networks begin?
 

Chris.B

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do the research yourself. Nigeria charges more or less $73 per barrel, found out how much Norway charges. Also check which is pegged off the dollar and which isnt.

and selling resources and developing your country go hand in hand. Nigeria is rich because of its natural resources which then fueled its development and financial infrastructure.

No financial networks? who made sure that never happened? :sas2:

are you telling me Norway and West African countries are treated equal? Since when was Norway colonized? Since when were their borders flooded with arms? Who backed Norwegian rebels and when? Countries that have been left alone and have not gone through colonialism or isolation, all strive.
How do you explain the success of Canada and Australia since they were colonized by their fellow whites?

Australia used to be the dumping ground of criminals from the UK.....
 

Tommy Knocks

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and where will they get the money to do that?
its simple math, if apple or sony pays 1 dollar a pound for cobalt and makes something and sells it for $100, congo will never get as rich

even if they raise the price of cobalt to $100, apple and sony will simply charge $200 for their product

selling resources is better than nothing, but its chump change in the global economy

developing the congo citizen and developing financial networks withing the country is 100x more important than selling resources
 

Tommy Knocks

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How do you explain the success of Canada and Australia since they were colonized by their fellow whites?

Australia used to be the dumping ground of criminals from the UK.....
They were never given any financial pardons, nor were they ever left out to dry, on the country business trades have always been equal with both side benefiting. Africa has always been left in the dust and when a leader decides to stop being ass fukked, they simply have him killed off, and continue the absurd deals.

the EU has bailed themselves out how many times? how many times has Germany saved south europe? who is saving africa? their debt is enormous. South America is barely now giving the middle finger and calling out the IMF for its insane interest. You think canada pays the same interest as Nigeria? Hell no.

Copper in Chile is nationalized, if african nations are barely now moving toward that, but prior, any president who even attempted to do such a thing got hit with sanctions and no one was allowed to buy the copper. Yet chile is able to do it with impunity. Thats racial.
 

Poitier

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His point actually makes a lot of sense. What good are your resources if people don't have the education on how to properly utilize them nor the skills to operate and manage the machinery require to extract them? Education matters.

They do have the education to use natural resources to leverage manufacturing :dead:

Being literate has nothing to do with being skilled :heh:
 

Kritic

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reading and writing

but just education overall, when you look at black people all over the world the one thing you see in common is low levels of literacy and low levels of education
this is bull. the problem is way bigger than reading and writing.
economics is not hard to understand. they just make it complicated to justify economic oppression of those people.
 

theworldismine13

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do the research yourself. Nigeria charges more or less $73 per barrel, found out how much Norway charges. Also check which is pegged off the dollar and which isnt.

and selling resources and developing your country go hand in hand. Nigeria is rich because of its natural resources which then fueled its development and financial infrastructure.

No financial networks? who made sure that never happened? :sas2:

are you telling me Norway and West African countries are treated equal? Since when was Norway colonized? Since when were their borders flooded with arms? Who backed Norwegian rebels and when? Countries that have been left alone and have not gone through colonialism or isolation, all strive.

oil is sold in the open market, any differences in price are market fluctuations and also there are due to different types of oil and different types of quality

i never said norway and west africa is treated equally, what i said is that norway is a literate country with a capitalistic financial system

west africa is largely illiterate and has very little financial infrastructure
 
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