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Yet somehow the South African economy is growing faster than the United State's economy. In fact despite all that "crappy" African leadership the following countries on the continent have higher growth rates than the United States:
Totally useless statistics. It's quite easy to show a percentage growth rate when you start with almost nothing. It's quite normal for third world countries to have higher growth rates than mature countries.
Quote:
The African continent presents one of the best investing opportunities in the world right now. Most Americans are either too stupid, racist, arrogant or ignorant to realize it.
Arrogant? That's an accurate description of your post.
Racist? You sound like Leonard Pitts...somebody who sees a racist behind every fence post.
Yet somehow the South African economy is growing faster than the United State's economy. In fact despite all that "crappy" African leadership the following countries on the continent have higher growth rates than the United States:
Ghana
Eritrea
Ethiopia
Mozambique
Equatorial Guinea
Rwanda
Liberia
Nigeria
Zambia
Democratic Republic of the Congo
Uganda
Botswana
Tanzania
Cape Verde
Gabon
The Gambia
Niger
Kenya
Mali
Lesotho
Sierra Leone
Republic of the Congo
And that list is just the countries with 5% or better GDP growth rates.
And yes there is significant poverty and political strife in Africa but the long term outlook is extremely positive. In Africa the middle class is EXPANDING while it is shrinking here in the United States.
The African continent presents one of the best investing opportunities in the world right now. Most Americans are either too stupid, racist, arrogant or ignorant to realize it.
I'll use this one country as an example, and ask, "What the h3ll are you talking about?" Most of its 20+ million people cannot even find clean water to drink. Over one-fourth of the population lives on less than $2.00 per day, and they have a 75% youth unemployment rate.
Gee Wally, I wanna move there RIGHT NOW!
Keep in mind Ghana was just recently touted as an African success by Obama. True they are making improvements but Ghana has a long way to go just to get back to the standard of living they enjoyed at independence. When they had a higher GDP per capita than South Korea and Malaysia.
Keep in mind Ghana was just recently touted as an African success by Obama. True they are making improvements but Ghana has a long way to go just to get back to the standard of living they enjoyed at independence. When they had a higher GDP per capita than South Korea and Malaysia.
I have a good friend who, until recently, did medical mission work in Ghana. This is a country whose medical profession is so advance that, if a person has an infected wound, they pack it with cow manure and wrap it with leaves.
Totally useless statistics. It's quite easy to show a percentage growth rate when you start with almost nothing. It's quite normal for third world countries to have higher growth rates than mature countries.
Arrogant? That's an accurate description of your post.
Racist? You sound like Leonard Pitts...somebody who sees a racist behind every fence post.
There is nothing arrogant factual information.
But it's the very essence of ignorance to ignore it.
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