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WTF is up with Africa? (pg. 8)
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| Lews |
OP you're an idiot.
I'm born in America, raised in Africa, and came back for high school and college.
Are you seriously asking why Africa is so messed up? Your idiocy is embarrassing. |
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| pkcRAISTLIN |
| quote: | Originally posted by Lews
OP you're an idiot.
I'm born in America, raised in Africa, and came back for high school and college.
Are you seriously asking why Africa is so messed up? Your idiocy is embarrassing. |
i think its because lazy bastards go to america for high school and college rather than building a continent with like-minded skinnies. |
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| Zild |
| quote: | Originally posted by pkcRAISTLIN
i think its because lazy bastards go to america for high school and college rather than building a continent with like-minded skinnies. |
i love shooting at skinnies |
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| pkcRAISTLIN |
| quote: | Originally posted by Zild
i love shooting at skinnies |
well, they're more of a challenge than fat westerners. |
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| Zild |
| quote: | Originally posted by pkcRAISTLIN
well, they're more of a challenge than fat westerners. |
not really... westerners know how to aim where skinnies use the 'pray and spray' technique |
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| pkcRAISTLIN |
| yeah, it was a joke zild ;) |
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| Zild |
| quote: | Originally posted by pkcRAISTLIN
yeah, it was a joke zild ;) |
i know buddy... after all these years i'm finally getting your humor |
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| Krypton |
| quote: | Originally posted by Lews
OP you're an idiot. |
Whose OP?
| quote: | | I'm born in America, raised in Africa, and came back for high school and college. |
Too bad I don't care.
| quote: | | Are you seriously asking why Africa is so messed up? Your idiocy is embarrassing. |
Yea, I am, wanna answer or just post garbage? |
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| Lebezniatnikov |
| quote: | Originally posted by Krypton
All very true. I still believe every country has something someone else wants and can trade on the international market just like everyone else...instead of begging for everything they need. |
A country like Chad has no comparative advantage in anything. A country like Burkina Faso would have a comparative advantage in cotton, except that the United States has ridiculous cotton subsidies and African states can't break into the world market. There are a lot of African states that are completely screwed when trying to compete for favorable terms of trade. Not to mention those that are completely landlocked and don't have cost-effective methods of transportation of goods.
It's really not so simple. |
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| Dervish |
| quote: | Originally posted by Sunsnail
Why would we be worse off? |
Are you average in the US? Feel like making shoes and picking rice? Because if you were average in the world that's what you'd be doing, if you were lucky.
Truly it goes back to the wealth of nations. The only way to define whether a man is rich or poor is the amount of labour he is able to purchase (even packaged in a product). An hour of my time is worth 100 times that of the person who probably made my shoes. Hence I am rich he is poor.
For everyone not to be poor then by my definition I would no longer be rich.
I could join in with the lofty thoughts of equality. But in reality this is a mere interest for most. Going back to some more Adam Smith (circa 1780):
| quote: | | Let us suppose that the great empire of China, with all its myriads of inhabitants, was suddenly swallowed up by an earthquake, and let us consider how a man of humanity in Europe, who had no sort of connection with that part of the world, would be affected upon receiving intelligence of this dreadful calamity. He would, I imagine, first of all, express very strongly his sorrow for the misfortune of that unhappy people, he would make many melancholy reflections upon the precariousness of human life, and the vanity of all the labours of man, which could thus be annihilated in a moment. He would too, perhaps, if he was a man of speculation, enter into many reasonings concerning the effects which this disaster might produce upon the commerce of Europe, and the trade and business of the world in general. And when all this fine philosophy was over, when all these humane sentiments had been once fairly expressed, he would pursue his business or his pleasure, take his repose or his diversion, with the same ease and tranquillity, as if no such accident had happened. The most frivolous disaster which could befall himself would occasion a more real disturbance. If he was to lose his little finger to-morrow, he would not sleep to-night; but, provided he never saw them, he will snore with the most profound security over the ruin of a hundred millions of his brethren, and the destruction of that immense multitude seems plainly an object less interesting to him, than this paltry misfortune of his own. |
That is the reality. |
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| Krypton |
| quote: | Originally posted by Lebezniatnikov
A country like Chad has no comparative advantage in anything. A country like Burkina Faso would have a comparative advantage in cotton, except that the United States has ridiculous cotton subsidies and African states can't break into the world market. There are a lot of African states that are completely screwed when trying to compete for favorable terms of trade. Not to mention those that are completely landlocked and don't have cost-effective methods of transportation of goods.
It's really not so simple. |
Actually, Chad has oil. ExxonMobil leads a consortium of Chevron and Petronas that has invested $3.7 billion to develop oil reserves estimated at one billion barrels in southern Chad. Oil production began in 2003 with the completion of a pipeline (financed in part by the World Bank) that links the southern oilfields to terminals on the Atlantic coast of Cameroon.
Additionally, a country like Chad has an enormous pool of cheap labor, and all that is needed is foreign investment. In fact, countries like Chad always have for trade, cheap labor. |
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| gehzumteufel |
| Nathan: OP = Original Poster. |
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