Why is africa so poor given its natural resources

are there investment opportunities there or is it a lost cause?

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INb4 niggers

BTT ICO on Binance could go easy x3

well there is no answer then

The ressources curse
Check Jewtube

>are there investment opportunities there
yes but high risk high reward, dyor. even the "good" growth countries is like watching page 4 of CMC and figuring out what you're going to invest in.

whats the point of natural resources if you cant feed the people and have a stablised government

the chinks are investing. haven't you seen that documentary? the guy complains about how when the europeans came to china and left, the chinese learned from them and used the railways to improve china, but when the europeans left africa - the africans didn't' maintain anything at all like the railways because they're quite literally too stupid, and the infrastructure that should've helped the africans modernize ended up deprecating instead of being built upon.

IQ. They are literally too stupid to rule themselves.

Investing in niggers is stupid, but you could try somewhere the Chinese are moving into in Africa. And on the flip side the initial buy in will be low as fuck since it's an undeveloped 3rd world country.

The resources, and the people, were taken by force to fund the Industrial Revolution.

Excessive heat (it tends to make people crazy) / more hostile environments
History of technological imbalance with the rest of the world, opening them for colonization/exploitation of those natural resources
Espionage

I should also mention ethnic cleansing, guerilla armies, a lack of a unifying federal system, etc

Inb4
>Low iq dood
>Subhuman and violent raping 24/7

Africa does have good sources for raw minerals but not the processing infastucture to produce goods from it. Corruption is a major problem and it partly has to do with the colonial borders meshing ethnic groups that don't normally coexist, this can create a sort of "our tribe vs your tribe" money and loyalty funneling.

Even through this African economies are growing (Nigeria used to be one of the fastest growing economies back in 2016) partly due to Chinese partnership
>Huurr duur China own Africa guhhhh
China does not own Africa, China pumps billions of dollars into infastucture in Africa not for money but for vote loyalty in the UN.

If the African Union got it's shit together Africa could be a super power to rival China but subversion from Western powers (see ghagafi and his gold standard) and serious internal corruption is holding it back severely

>T. someone who has actually lived in Africa and dosent just regurgitate whatever shit they saw on tv

Because even in a high resource area the farmers still need to use fertilizer.

Play a mmo & you quickly learn in practical application that ressource gathering is for slaves. The reason is simple - you are limited in earnings by time & yield. Trading&processing is where the money is because you are only limited by your money. The miners income will remain stable while the traders income continuously grows as he can reinvest his income to increase his yield. At the end the miner stays where he is while the trader has to get more and more miners under him to satisfy his growth. Anyone who relies on farming resources as the main income is doomed to remain serfs.

Kill every rebel possible.
Just allow to survive the slaves that doesnt rebel and just swallow it all like eunucs.
>make that for hundred of years
>literally purge every possible rebel with high testosterone
>literally just allow to reproduce weak offspring that obey and follow
>without proper diet, without proper conditions for hundreds of years
>take and kill the most inteliggent/rebels and just allow eunucs
>repeat for hundred years

Then ask later, they dumb right? Who did it?

Your fucking antecessors did, stupid idiot.

they are one IQ point above actual apes mate

hey Favelanon how you going? did your dog get better?

>European colonialism ravaging their continent for centuries
>literally forced into slavery
Gee I wonder why

true

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Nice bait

you have to be baiting

Research colonization and you'll find out why
Surprised this isn't taught in schools baka

too retarded

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Jow Forums retards will unironically claim IQ or niggers as a reason.

imagine being so intellectually limited not knowing the harm that enslavement and exploitation can do to a country.

imagine using the notion of IQ, which is a standardized western measurement tool, which is not optimal.

>muh slavery
countless others were enslaved and are doing fine today.

>even has the reddit spacing

disgusting

They sold each other into slavery anyways.

Sounds like youre making excuses for niggers being retarded

reasons:
1. USA
2. UN
3. WHO

I wouldn't invest in sub-saharan Africa, beucause of political instability, corruption, low education, and theft. It's a bad cycle with no easy fix. Best I can think of is what they're doing now. Gradual improvement and enrichment. Get people more educated and healthier. As they become wealthier and betyer educated, they'll value order and civilization more, so there will be less strife, theft, and corruption. They were hundreds of years behind Europe. They won't catch up overnight, but it won't take them hundreds of years either.
I read an article summarizing African progress. There have been rapid development the past few decades. Hopefully they'll see explosive growth like post-Mao China, maybe slower.

underrated post

there used to be advanced alien civilizations on africa, they were the first to actually colonize mars, slavery, and heavy colonization is the reason africa is in such a shitty state

> more hostile environments
that's why they could life the whole year in mud huts and have an ez life while european ancestor died nearly every winter and had to fight to survive and get food.

Now take that over thausand ov generation adapting and improving.
Or in africas case, keep being dumb fuck stupid because there is no need to.

Struggle causes change. Plus most sub Saharan African people were nomadic and relied on their cattle to survive because they lacked fertile farmland. If you truly believe there is an abundance of resources you might be retarded.

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Can’t believe this wasn’t fp desu. Great docu. Explains everything.

more than just deprecated, the niggers would actively sabotage most efforts to modernize, ripping up the railroad tracks to sell the steel for scrap. Basically any industry needs to be heavily guarded with trustworthy individuals, usually white South African security forces (Security personnel are literally one of South Africa's biggest exports). On top of the niggers, you've got incredibly dangerous/un-navigable terrain and deadly tropical diseases like Ebola or West Nile and you're too far from any treatment centers to save you. Basically, you need to bring all the things we take for granted in society - police, doctors, lawyers, etc. If you can establish this, it's basically AnCap heaven.

Even I hate niggers but this is a truly brainlet post
Look into the gorilla's "speaking ability" studies, they were all complete frauds

The gorilla couldn't speak due to biological reasons - vocal cords
The niggas can't into human due to biological reasons - underdeveloped brains

Not many days left for the airdrop

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Because natural selection doesn't apply to humans and whitey is the source of all evils

How did then Mesoamerica and Andes develop advanced civs on its own ?

Africa could be a super power if it’s native population actually had human capital to invest in its self above the low iq corruption and crippling poverty, producing something useful like other industrial nations can. But they don’t

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>no word for future & promise
anyone bothered to verify? Seems suspect

But Africa is still absolutely full of resources. A tiny tiny fraction was ‘stolen’. Secondly the people were sold by Africans to traders not taken by force and they were only used in agriculture not industry.

Ressources is like having a pc. Most people will be shitposting online not making next minecraft & co to get millions. You need production &trade to get rich. No peasant got into nobility being a farmer.

>we didn't do anything wrong dood it was a fair trade duhhhhhh

80% of africans were taken by force into slavery there was no "slave trade" to the extent you whitoids would like to cope there was

They were taken by force by other tribes. Europeans couldn’t get past the coast until the invention of quinine. Also research the names of the biggest traders. I’ll leave it to you to figure out.

The Cope is that blacks arnt even fair to themsevles. But that’s abstract thinking might as well blame whitey than figure out slave morality imposed on ones self, while selling themsevles to more efficient Chinese production

Your as stupid as a nigger.

Ok, please tell me how africa would have developed if whiteys never interacted with them.

Hint:
they would be the same as 1000 years ago, the same as 2000 years, the same as fuck it I don't know when they stopped developing.
Hell it is not the out fault that they are low IQ down there.

You're.

Fuck.

But seriously, if we didn't colonize Africa it would be wakanda.

If whites didn't colonize africa it would probably be a paradise.

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Please fuck off back to plebbit you fucking faggot.

Not him but.
>"not all cultures are the same, different people produce vastly different societies and values"
>"if they're not low IQ mongs then how come their cultures aren't an exact facsimile of Western societies, you know, the one's that they had almost zero cultural contact with beforehand. Checkmate theists"

Europe's economic impact on Africa was far greater than Africa's economic effect on Europe. Contrary to various economic theories of imperialism, Africa was not a major outlet for European investment or exports. In the early 20th century, Britain's investments in Canada alone were larger than its investments in Africa and India put together—and more British money went to the United States than to Canada. France and Germany were likewise reluctant to sink much of their money into Africa. Commercial trade with Africa was similarly trivial for the economies of the European imperial powers. On the eve of the First World War, Germany exported more than five times as much to a small country like Belgium as to its own colonial empire,65 which was larger than Germany itself. France likewise exported ten times as much to Belgium as to all its vast holdings in Africa. Out of Germany's total exports to the world, less than one percent went to its colonies in Africa.66
Africa was somewhat more significant to Europe as a source of imports, though most of these imports to Europe from Africa came from relatively few places, such as the South African gold mines and diamond fields, or West Africa's cocoa and palm oil regions. Over all, Britain received less than 7 percent of its imports from Africa—less than from any other continent, including thinly populated Australia.67 Nor were African colonies usually important sources of profit to European investors, or of revenue to European governments. German colonies, for example, in the years leading up to World War I, consistently absorbed expenditures greatly exceeding the revenues raised within the colonies, with taxpayers in Germany having to make up the difference. In the private economy, of 19 firms owning sisal plantations in German colonies, only 8 paid dividends. Only 4 out of 22 firms with cocoa plantations paid dividends, as did only 8 out of 58 rubber plantations and only 3 out of 48 diamond mining companies.

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In the case of Africa, powerful missionary lobbies in London pushed the British government into more and more involvement in African affairs, often over the opposition of colonial and treasury officials, and initial attempts at limited involvement often led to being drawn deeper and deeper into unforeseen circumstances requiring wider and wider military and political commitments. What made all this possible, not only for Britain but for other European colonial powers as well, was that the resources required to take over large areas of Africa were relatively small compared to what was available to the European governments. As one historian of warfare has noted: "One month of a European war cost more than a year of colonial war."78

When maintaining control of African colonies became more costly as independence movements there gained momentum after World War II, the continent was abandoned as swiftly as it had been conquered. In the relatively few cases where a sustained and determined effort was made to hold onto a colony seeking independence, or to maintain a local European hegemony in the face of indigenous uprisings, it was typically where a substantial expatriate European community in the colonies was unwilling to leave or reluctant to share power, as in Algeria and Rhodesia. In short, there was little to suggest that African colonies had sufficient economic value to the imperial nation as a whole to put up a real fight to hold onto them.

TL;DR, money didn't come out of Africa. They were only invested in Africa because it was so cheap to conquer land. The gains were small and inefficient, and so when the price of holding onto the colonies went up, europe bailed.

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The one fag that actually knows what he is talking about.

Every resource-rich country is poor, because there is no incentive for government to develop high wage jobs, they just nationalize the resources and sell it and enslave the population.

Could you expand on that a bit more?

Russia Brazil and Canada have some of the highest nunbers of resources in the world and they’re not poor at all.

So you aren’t looking for facts then?

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based
stormfags btfo

>Russia
>Brazil

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because the jews have indebted its nations and refuse to delete the loans. They want them to stay poor so that they will move to Europe and breed out Europeans.

t.somebody who has studied the Jewish question and understand these parasites.

Niggers

Based and redpilled, would swap muslims for gorillas desu

I consulted a dictionary and the translations in the OP seem consistent. Zulu indeed seem to have a very limited understanding of time as a concept.

Name of doco? I'm phoneposting (no bully) and reverse image search not working.

What happened over the 100,000 years prior to European Imperialism

Australia, Canada, Norway

They’re classified as upper middle school ncome countries. The point is they’re not Africa tier. If you want high income countries with lots of natural resources there’s Norway, Scotland, Australia, USA, Canada. The point is the ‘resource curse’ is something of a myth. There is little correlation between development levels and resource levels.

Dunno how school got in there. Auto correct cos I’m phone posting scum

Would you classify people as a country's resource?
>also
I mean you could probably also rattle off the dozen or so African and Central/South American failed states to argue make an argument for the resource curse. IIRC The reason that China lagged behind the West after centuries of advancements was due to the invention of china.
There is also Singapore, Macau, Liechenstein, Hong Kong, Monaco, Israel. Rich countries with very little in the way of natural resources.

No people are human capital. This is a thread about countries with natural resources.

gee, i wonder user. why is africa the worst shithole on Earth? hmmm. what could it be?

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Soil in Africa is terrible.
The only worthwhile natural resources they have are diamonds, which are actually worth that much only because of artificial scarcity.

They were probably Jewish. Fml.

Legend says he is still waiting patiently for the gravel truck to arrive

The elite in the sub-saharian countries took off-shore nine times their current debt.

Institutions, or lack thereof. Natural resources are 'accelerators'. Without institutions all you need is a group of guys and ak47's to collect some diamonds and become rich yourself. With institutions the profits can be shared by many in the community, thus enriching the entire nation over time

>libertarians sheeting in the background

Empire of Dust, it's on youtube

>Lacked fertile farmland

Sort of like Zimbabwe and South Africa right dumb fuck? It's really strange how these two countries are fertile when white people live there. Or maybe Ethiopia, a nation that did have farms but the niggers literally carpet bombed their own country and caused one of Africas largest famines??

african tribal culture is in direct contradiction of capitalist values. do the needful is not optional there.

>Every resource-rich country is poor

This is the dumbest shit I've ever read on here

You realize pre-Christian Europe was once largely tribal, right? They also were near genocided and heavily enslaved but Celtic civilizations were still multitudes more advanced and advanced much quickly relative to nigger civilization.

You can’t just catapult an entire ethnic group through an industrial revolution and skip all the grimy parts. China didn’t get a pass, neither will Africa.

mods need to fucking rangeban india

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>You realize pre-Christian Europe was once largely tribal, right?
yeah they were also largely on the same development level as african tribes.

Agreed. At the very least range-flag India

You have to go back

Mars was colonised before earth. Africans were bred to be workers

it starts with n and ends with iggers. there's a reason we left that continent a long time ago.

guns, steel and germs

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While western basedbois are arguing these kind of things, China is doing the only sensible thing. Reaping all their resources before others do, and giving them some infrastructure in return.