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Old 12-31-2012, 02:12 PM   #298 (permalink)
Arragonis
The PRC.
 
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Quote:
Originally Posted by suspectnumber961 View Post
Ain't gonna happen....food...water...clean air...other resources will run out way before Africa gets in on the Friedman craziness?
Too late, it already is.

Quote:
AFRICA'S ramshackle cities are wearing crowns of gleaming skyscrapers. Six of the ten fastest-growing countries in the world in 2000-10 were African; Angola grew faster than anywhere else on the planet
Only corruption

Quote:
Sadly, many countries are squandering their best chance in decades. Equatorial Guinea's elite hoards a fortune in opaque accounts. Chad channels wealth to bent officials. In Sudan they inflate the cost of infrastructure projects and siphon off funds. And state firms in Nigeria are “privatised” by handing them over to crony managers.
and vanity arms spending (probably on arms to be used to protect the corrupt rulers against their populations)

Quote:
Elsewhere, Africa's rulers have spent billions on their armies. Global defence spending has fallen by 35% since the end of the cold war: in sub-Saharan Africa it increased by almost a third.
seems to be holding them back. Which is why China is buying it all...

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