The fastest path to African prosperity
palladiummag.com
The fastest path to African prosperity
1–10 of 29 posts
Re: The fastest path to African prosperity
#2If opening up Africa to imports of foreign capital was the path to prosperity, wouldn't Africa be incredibly prosperous by now?
Re: The fastest path to African prosperity
#3We need the hitchhikers guide equivalent with mice being a super race applied here. Every charity I see out there has photos of African children and women. I expect in the unknown future that Africa is the wealthiest continent because of all the donations they got over the centuries, and everyone else is poor.
Re: The fastest path to African prosperity
#4Bitcoin is the fastest path. I will spend the time explaining if someone asks for it.
Re: The fastest path to African prosperity
#5Yeah, sure. Rule of the Law and respect for private property lead to prosperity. We get it.
But in Africa, Latin America and many parts of Asia no one else gets it. The people love their authoritarian thieves, from Mugabe to Bolsonaro, from Maduro to Zuma.
And don't ideologize this. In those places, the right is as corrupt and parasitic as the left.
Re: The fastest path to African prosperity
#6If opening up Africa to imports of foreign capital was the path to prosperity, wouldn't Africa be incredibly prosperous by now?
Maybe if corruption wasn’t such a big problem who knows.
Also china kinda destroyed Africa dream of industrialization there is not enough demand for another big industrial powerhouse
Re: The fastest path to African prosperity
#7Bitcoin is the fastest path. I will spend the time explaining if someone asks for it.
Please do.
Re: The fastest path to African prosperity
#8According to C. J. Cregg, the answer is roads.
Re: The fastest path to African prosperity
#9An important piece of context here: Palladium is funded by Peter Thiel, whose particular community of reactionary-cum-libertarian sovereign citizen types has frequently sought friendly (meaning pliable) host nations for experiments in autonomy.
Given that, it's hard to separate the economics here from a pseudo-colonial approach to investing, in which Thiel-type ultrawealthy individuals get their own banana republics in Africa.
Re: The fastest path to African prosperity
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