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Post by Planet Asia on Jan 19, 2006 2:21:54 GMT -5
Iceland isnt an oil exporting country/gas exporting country, they rely on thermal power, hydroelectric power and imported oil. Their main export is fish. In fact, their gas reserves number 0 www.eia.doe.gov/emeu/international/reserves.htmlDude, I dont want to call you stupid, but Iceland is one of the 10 wealthiest countries in the world, and according to ONU there are 120 where people have a better standard of life than in Equatorial Guinea. Like bad comparison. Hydrogen Economy: www.fuelcelltoday.com/.../IndustryInformationExternal/ NewsDisplayArticle/0,1471,2713,00.html www.afsa.org/fsj/dec03/sigfusson.pdfDon't get caught on the hook like Charlie the Tuna. It's the black-white thing, and whitey is supposed to be angry and defensive at black man's prowess. Could see it a mile away. Whats your fascination with me anyways? Why keep mentioning my name? Anyways, I'm happy to see an African country improve itself, I once said the same thing about Botswana, its another African country doing extremely well and has had a stable government. There's positives and negatives in every country.
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Post by zemelmete on Jan 19, 2006 6:08:05 GMT -5
I think that all money from exploitation of large oil reserves in Equatorial Guinea goes to few rich members of the government, the rest people get nothing.
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Post by galton on Jan 19, 2006 9:30:26 GMT -5
So Equatorial Guinea has alot of natural resources, right? These are commons. I found it funny that you compared it to Japan. Japan has no natural resources, yet it is very wealthy. Japan creates its wealth, not dig it out of the ground. It's also funny that you characterize Norway as oil rich. I guess Norway is oil rich. I always thought of Saudi Arabia as oil rich because they are and that's the only contribution they bring to the world. I don't know alot about Norway. I knew they had something to do with oil. I think of whaling when I think of Norway. That's not a good thought.
Oh yeah! I think of SAABs when I think of Norway. That's right. Norway is one of the few countries that mass produces automobiles. I believe they hold a few patents on some safety features or something like that. How do you patent oil? Can oil be patented? Oh wait, it's a common. It can be monopolized, like diamonds by the DeBeer Corporations.
Did you know Mexico is an oil rich country? Many people didn't know that or don't think of Mexico as an oil rich country, but it is. In fact, Mexico is at least one of the top five oil producing countries. The reason they aren't as well of as Saudi Arabia is because Mexico nationalized their oil industry years ago locking out any foreign contribution to upgrade. Saudi Arabia is at least open to that idea.
I wonder if Equatorial Guinea's oil industry is similary to Saudi Arabia or Mexico? Oil isn't a guarantee to prosperity for a country, you know.
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Post by Ras-Xafun on Jan 19, 2006 10:15:39 GMT -5
Wrong, Saab is a swedish brand. Actually the majority of industrial commodities that are exported from Scandinavia are Swedish manufactured,companies such as Electrolux, ABB, Atlas-Copco, Scandia, Scania, Volvo, Ericsson etc, are all international Swedish giants. Norway OTOH relias mostly on its natural resources for its economy basically oil and and its marine life.
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Post by Educate Me on Jan 19, 2006 11:07:36 GMT -5
The reason why Mexico isnt "as well" as Saudi Arabia, at least in nominal dollars, is that mexico has 4 times the population of saudi arabia , and a lot less oil (although more than most countires).
If I recall correctly less than 20% of mexican exports are oil related while more than 90% of Saudi exports are oil related.
Mexico is in fact a more industrialized country with a more diversified economy than Saudi Arabia.
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mmmkay
Full Member
Internet Philosophiser, Leftist Hero
Posts: 127
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Post by mmmkay on Jan 19, 2006 13:16:17 GMT -5
LOL this GDP was accomplished despite the fact the country has a 30% un-employment rate. And comparable countries with small populations such as Gabon or even Brunei (pop. 350,000) is not even close. All EG needs is basically a regime change (maybe US style). Send in like 1,000 troops, with air support and a couple tanks, and then install a reasonably benevolent government. If that were to happen (which was attempted several times) not only would living standards skyrocket, it would effectively be per capita- the richest country in the world. Actually its more like 33,994 en.wikipedia.org/wiki/List_of_countries_by_GDP_%28PPP%29_per_capitaWikipedia compiled the IMF listing for everyone to see. According to the IMF it is the 6th richest country in the world. Well within the top ten. The CIA and IMF have different figures but essentially the same results, they are just calculated differently. You actually think "steve sailers IQ list" is a credible source? Wow, that tells me alot. Actually I was just going through the CIA figures of various and it crossed my attention. it is rather shocking so I posted it here. I knew it would throw alot of people off around here heh. They are actually building a new capital city called "malabo 2". Its suppossed to be world class destination with all modern amenities and new housing.
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Post by Educate Me on Jan 19, 2006 13:26:48 GMT -5
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mmmkay
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Internet Philosophiser, Leftist Hero
Posts: 127
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Post by mmmkay on Jan 19, 2006 13:46:08 GMT -5
That does'nt change anything. It is still one of the richest countries in the world, regardless of how you look at it. both CIA and IMF figures confirm it.
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Post by galton on Jan 19, 2006 13:50:19 GMT -5
Wrong, Saab is a swedish brand. Actually the majority of industrial commodities that are exported from Scandinavia are Swedish manufactured,companies such as Electrolux, ABB, Atlas-Copco, Scandia, Scania, Volvo, Ericsson etc, are all international Swedish giants. Norway OTOH relias mostly on its natural resources for its economy basically oil and and its marine life. Is it really Sweden? Wow, my mistake. I quess Norway is oil rich and a whaling country. I like whales.
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Post by galton on Jan 19, 2006 13:55:02 GMT -5
The reason why Mexico isnt "as well" as Saudi Arabia, at least in nominal dollars, is that mexico has 4 times the population of saudi arabia , and a lot less oil (although more than most countires). If I recall correctly less than 20% of mexican exports are oil related while more than 90% of Saudi exports are oil related. Mexico is in fact a more industrialized country with a more diversified economy than Saudi Arabia. Mexico is a two crop country, oil and mexicans.
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Post by annienormanna on Jan 19, 2006 17:06:45 GMT -5
Apparently it did! Sorry, Galton
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Post by nordicyouth on Jan 19, 2006 17:18:56 GMT -5
It's a useless statistic. E.G. has that GDP 'because' it is a third world dictatorship and Western oil companies can throw billions into the coffers of government.
Face it, E.G. is a sh*thole with some rich dictators. Don't compare it to Europe or any other Western state. E.G.'s GDP is a sign of exploitation, and trust me, no one wants regime change but the few people that live there.
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Post by anodyne on Jan 19, 2006 17:47:47 GMT -5
Lol anodyne that is almost an oxymoron on this board. The topics here are almost always about blacks, "meds" or jews. My mistake in regards to the natural gas. Those threads involving meds and jews aren't agenada driven. Well, a number of the jewish threads are because of Dukeofpain, which shows an anti- Jewish agenda rather than a pro- Jewish agenda. In all I don't see people of one particular group, except the one I've noted, creating threads about how wonderful their race/ethnicity is actually. There's a difference between speaking about, lets say, Sicilian traditions, and stating something about a black cowboy who had lived in Deadwood and being upset that there are no Black characters on that show. It gets silly. Oh, wait... Amadis used to create pro- Iberian threads but he stopped.
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Post by gelaye on Jan 19, 2006 17:56:11 GMT -5
WHOA! take a look at this: -CIA world factbook This is equatorial guinea: This country is even richer than oil-rich Norway or Japan. Bow down to the equitorial guineans! This is equitorial guinea in 10 years LOL: This went totally un-noticed untill now. The second richest country in the world is in the heart of africa. LMAO at that pic - the climate looks very african! i could imagine that! with a black senator lol
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mmmkay
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Internet Philosophiser, Leftist Hero
Posts: 127
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Post by mmmkay on Jan 19, 2006 18:45:30 GMT -5
Face it, E.G. is a sh*thole with some rich dictators. Don't compare it to Europe or any other Western state. E.G.'s GDP is a sign of exploitation, and trust me, no one wants regime change but the few people that live there. I think we've already established the fact that its ruled by dictators, however you are quite wrong on the opinion that "nobody wants regime change" apparently I am a not alone: news.bbc.co.uk/1/hi/world/africa/3597450.stm
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