skeechanAi Otsukaholic Premium Member join:2012-01-26 AA169|170 |
to El Quintron
Re: Soak the rich!Sure, didn't say it wasn't. There isn't any one particular county in Africa that couldn't benefit from an industrial economy fueled by their immense resources of labor and natural resources. If there was a particular country I had it mind, I would have mentioned it. |
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El QuintronCancel Culture Ambassador Premium Member join:2008-04-28 Tronna |
said by skeechan:Sure, didn't say it wasn't. There isn't any one particular county in Africa that couldn't benefit from an industrial economy fueled by their immense resources of labor and natural resources. If there was a particular country I had it mind, I would have mentioned it. So you're also aware that some countries in Africa are doing great and others aren't doing so hot, and that there isn't necessarily a continent wide strategy to address this? |
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skeechanAi Otsukaholic Premium Member join:2012-01-26 AA169|170 |
skeechan
Premium Member
2012-Jun-6 6:13 pm
Which countries are doing "great"? And this number, if it exists is high enough to not warrant an Africa-zone strategy for optimal economic development? |
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El QuintronCancel Culture Ambassador Premium Member join:2008-04-28 Tronna |
said by skeechan:if it exists is high enough to not warrant an Africa-zone strategy for optimal economic development? Why do they need to carry the weight of the rest of the Continent? If they're capable they should be pursuing countries who can afford to pay top dollar for their products no? |
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skeechanAi Otsukaholic Premium Member join:2012-01-26 AA169|170 |
skeechan
Premium Member
2012-Jun-6 10:05 pm
I just asked which countries were doing "great". I don't see any doing "great". What I see is the African Union squandering an opportunity to be an economic superpower. |
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sk1939 Premium Member join:2010-10-23 Frederick, MD ARRIS SB8200 Ubiquiti UDM-Pro Juniper SRX320
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sk1939
Premium Member
2012-Jun-6 10:11 pm
said by skeechan:I just asked which countries were doing "great". I don't see any doing "great". What I see is the African Union squandering an opportunity to be an economic superpower. So, you want the African Union to attempt to become econonmically unified? It's working so well for the Europeans after all. |
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El QuintronCancel Culture Ambassador Premium Member join:2008-04-28 Tronna |
to skeechan
said by skeechan:I don't see any doing "great". Perhaps you should educate yourself about Africa, rather than dictating armchair economic policies to them. |
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skeechanAi Otsukaholic Premium Member join:2012-01-26 AA169|170 |
to sk1939
It's the unified currency causing the issues in the EU and there is no reason why an economic union would require a single currency. If Greece didn't use the Euro, they would simply print money and have higher inflation than say Germany. The Greek problem is the same as California's problem...they over-promise but can't print their way out of it like the Fed can. The AU members have their own currencies now, but they could work closely together on free trade agreements and economic resources, pooling their efforts for economic development. But that won't happen so long as corruption is rampant. |
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skeechan 1 edit |
to El Quintron
Perhaps you should list us these African nations that are doing so "great' as you claimed originally. Evidently it is you in need of an education regarding the economics and state of development (or lack thereof) in Africa.
Even countries you would THINK would be doing on the better end of good, like SA has a 24% unemployment rates despite tolerable GDP growth, which isn't stellar for an emerging economy. |
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El QuintronCancel Culture Ambassador Premium Member join:2008-04-28 Tronna |
said by skeechan:Evidently it is you in need of an education regarding the economics and state of development (or lack thereof) in Africa. I'm not the one who is trying to impose North American values on Africa: said by skeechan:It would be ever better if Africa created manufacturing and local economies for Africa. So if you think that's such a great idea why don't you go and put your plan into action, rather than preach bootstraps here. |
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skeechanAi Otsukaholic Premium Member join:2012-01-26 AA169|170 |
skeechan
Premium Member
2012-Jun-6 10:49 pm
Still waiting for that list of African nations doing "great".
And since when is economic success a "north American" value? Surely it's a universal value, everyone wants their country to be successful. |
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El QuintronCancel Culture Ambassador Premium Member join:2008-04-28 Tronna |
said by skeechan:Still waiting for that list of African nations doing "great". Don't hold your breath. |
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skeechanAi Otsukaholic Premium Member join:2012-01-26 AA169|170 |
skeechan
Premium Member
2012-Jun-6 10:51 pm
Figured as much. Enjoy ignore. |
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El QuintronCancel Culture Ambassador Premium Member join:2008-04-28 Tronna |
said by skeechan:Figured as much. Enjoy ignore. LOL |
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sk1939 Premium Member join:2010-10-23 Frederick, MD ARRIS SB8200 Ubiquiti UDM-Pro Juniper SRX320
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to skeechan
said by skeechan: The AU members have their own currencies now, but they could work closely together on free trade agreements and economic resources, pooling their efforts for economic development. Not going to happen, since most will not pull their own weight, and have ongoing internal issues that need to be resolved like internal terrorism, civil war, genocide, border disputes with neighboors, etc. That dosen't help either. said by skeechan: no reason why an economic union would require a single currency There is plenty of reason for it, it allows for simpler currency markets, promotes trade with neighbors, and allows for simpler currency regulation. However the downsides are evident. |
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