Is the world getting better, getting worse, staying the same, or indeterminate?

[kentonio]

That's because you're an idiot. I notice you completely skimmed over the part about why your life is vastly easier than a comparable person in the third world. I guess you believe you earned it all right?

[Kidlicious]

How about Kuwait?

If they spend all their money they are going to be sorry when their oil runs dry.

[Kidlicious]

That's because you're an idiot. I notice you completely skimmed over the part about why your life is vastly easier than a comparable person in the third world. I guess you believe you earned it all right?

Can you please stop being hysterical and stick to the point?

[Aeson]

If they spend all their money they are going to be sorry when their oil runs dry.

But they are rich now. Why is that?

[Kidlicious]

No, I didn't say that investing is bad, I said investing is just one of a number of factors that cause growth. Since it has diminishing returns, you can't rely solely on investing to create sustainable growth. If you could rely solely on investing, the Soviet Union would not have stagnated.

Well you have to save money to build export industries. Correct?

[kentonio]

Can you please stop being hysterical and stick to the point?

You've plotted a course to intentionally ignore the point this entire thread.

[Kidlicious]

But they are rich now. Why is that?

Fine. If you have plenty of oil you can be rich because no powerful country is taking advantage of you.

[Kidlicious]

You've plotted a course to intentionally ignore the point this entire thread.

How is that? The conversation turned to why most people are poor. What does my level of gratitude for my money have to do with that?

[Aeson]

Fine. If you have plenty of oil you can be rich because no powerful country is taking advantage of you.

There, that wasn't so hard was it? I'm glad we can agree that distribution of natural resources play a part in who is wealthy.

[The Mad Monk]

Sure, but it's no guarantee. For every Qatar you can probably find a Venezuela or Nigeria.

[Kidlicious]

There, that wasn't so hard was it? I'm glad we can agree that distribution of natural resources play a part in who is wealthy.

I hope that we can also agree that buying their oil doesn't harm them.

[kentonio]

Sure, but it's no guarantee. For every Qatar you can probably find a Venezuela or Nigeria.

Nigeria has the highest GDP in Africa and 21st in the world.

[kentonio]

How is that? The conversation turned to why most people are poor. What does my level of gratitude for my money have to do with that?

You've made some ridiculous statements about why the third world is poor. You deserve to be called out on those.

[giblets]

Yeah, if their national sovereignty is respected and they have control of the oil profits then buying their oil doesn't harm them.

x-post

[The Mad Monk]

Nigeria has the highest GDP in Africa and 21st in the world.

...and yet, they still have people getting burned alive tapping pipelines.

Edit: added link. Go ahead, look down the list.