Why are predominately black countries mostly poor? in your opinion

Kritic

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and don't be using big worlds like open market to try bring dead7 here to save you. that nicca don't even know egypt is in africa...

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Tommy Knocks

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i just showed you what the price of oil is, its published daily

http://www.oil-price.net/

you need to show that norway and nigeria are selling the same type of oil for different prices
I'll give you one better.

One example of what happens when you try to take control of your resources. Present day, Chile is a first world country.

http://en.wikipedia.org/wiki/Chilean_nationalization_of_copper

but it came with a price.

The nationalization of the Chilean copper industry, commonly described as the Chilenización del cobre[1] or "Chileanisation of copper," was the progressive process by which the Chilean government acquired control of the major foreign-owned section of the Chilean copper mining industry. It involved the three huge mines known as 'La Gran Mineria' and three smaller operations. The Chilean owned smaller copper mines were not affected. The process started under the government of President Carlos Ibáñez del Campo, and culminated during the government of President Salvador Allende, who completed the nationalization. This "act of sovereignty" was the espoused basis for a later international economic boycott,[citation needed] which further isolated Chile from the world economy, worsening the state of political polarization that led to the 1973 Chilean coup d'état.[citation needed]

show me where Norway, or any North European country, Russia, who have nationalized their resources, have been met with international isolation for taking control of what is rightfully there's?

Take a look at who extracts mineral from African mines. How many are african companies? how many shares do the african companies have in those companies?

then look at the chinese companies extracting, and take a look at those deals. someone is sharing the wealth and someone else...isnt. :usure:
 

Kritic

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some niccas here understand economics (and swag:banderas:)

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this one here on the other hand is a c00n ass nicca that can barely read what the wall street masters put before him. with hardly any knowledge of what he talks about...

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Poitier

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I'll give you one better.

One example of what happens when you try to take control of your resources. Present day, Chile is a first world country.

http://en.wikipedia.org/wiki/Chilean_nationalization_of_copper

but it came with a price.



show me where Norway, or any North European country, Russia, who have nationalized their resources, have been met with international isolation for taking control of what is rightfully there's?

Take a look at who extracts mineral from African mines. How many are african companies? how many shares do the african companies have in those companies?

then look at the chinese companies extracting, and take a look at those deals. someone is sharing the wealth and someone else...isnt. :usure:

I can't wait til BRIC banking and virtual currency matures :ohlawd:
 

theworldismine13

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I'll give you one better.

One example of what happens when you try to take control of your resources. Present day, Chile is a first world country.

http://en.wikipedia.org/wiki/Chilean_nationalization_of_copper

but it came with a price.



show me where Norway, or any North European country, Russia, who have nationalized their resources, have been met with international isolation for taking control of what is rightfully there's?

:mjlol:

lets take things one step at a time

you said that norway and nigeria were getting different prices for oil

show me the evidence of that

if you cant show evidence for that you are full of shyt

its quite cut and dry, dont try to move the goal posts
 

Tommy Knocks

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:mjlol:

lets take things one step at a time

you said that norway and nigeria were getting different prices for oil

show me the evidence of that

if you cant show evidence for that you are full of shyt

its quite cut and dry, dont try to move the goal
I just realized the majority of african countries don't actually produce oil, so yes, I am moving the goal post. so, ill just use minerals. so again, was the copper example right or wrong?
 

Tommy Knocks

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some niccas here understand economics (and swag:banderas:)

_55189992_dddd.jpg






this one here on the other hand is a c00n ass nicca that can barely read what the wall street masters put before him. with hardly any knowledge of what he talks about...

obama-pickyournose.jpg
and look what happened to him. yet ANOTHER example.
 

Kritic

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where are the college transcripts barack:usure:. worldismine wants to do a literacy test... :troll:
 

theworldismine13

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I just realized the majority of african countries don't actually produce oil, so yes, I am moving the goal post. so, ill just use minerals. so again, was the copper example right or wrong?

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
 

theworldismine13

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some niccas here understand economics (and swag:banderas:)

_55189992_dddd.jpg






this one here on the other hand is a c00n ass nicca that can barely read what the wall street masters put before him. with hardly any knowledge of what he talks about...

obama-pickyournose.jpg

letting an arab call himslef the king of kings of africa is cool...............again we can see why black people are poor
 

Poitier

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Duded doesn't even know the difference between a Berber and an Arab :dead:
 

Kritic

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letting an arab call himslef the king of kings of africa is cool...............again we can see why black people are poor
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.
 
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