Monday, June 14, 2010

Wealth Beyond Reason

Recently Afghanistan was found to be loaded with copper, iron, and lithium deposits worth over a trillion dollars.

The "officials" who commented on the finds said that all the people of the war-torn nation need do is lay down their arms and set up an industrial infrastructure and all will be fine and dandy.

But, if it is that easy, then why has the African nations and their people not seen similar results with all of their diamond mines? They too are in need of an infrastructure and then things will get rolling for them as well.

The sad truth is that these natural resource markets are quickly sucked up by large corporations and then the product is severely controlled. No system will ever be put in place for local people to learn what they need to know to create their own infrastructure. The third world governments enjoy their personal relationships with foreign banks too much to care about their own people.

It would be great if I could be proven wrong, but I doubt it will happen.