Comments by "Samson Soturian" (@samsonsoturian6013) on "Asianometry" channel.

  1. That South Africa diamond has a story to it. The kid picked it up and played with it because it was shiny. An Afrikaner offered to buy it, but the boy's mother was about to just let him have it. He had to inform them just how insanely valuable it was.
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  2. Caveat: Factories value diamonds according to hardness. Jewelers value diamonds according to shininess.
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  3. What people don't realize is that until the tech boom coding was not seen as a prestigious job, it was a technical vocation only a handful of people even knew the necessity of. That's why you see so many women coding early computers, because the men were typically building them and running the experiments on them.
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  4. Pinduoduo's ridiculous business model should have told everyone that it was just a passing trend like Fall Guys.
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  5.  @georgeshapiro301  also a lesson in why Africa is poor
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  6. You should see all the firms that never had a chance but burned investor money anyway.
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  7.  @AsbestosMuffins  Why do the people that know the least about Africa have the most belligerent opinions about it?
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  8. By that logic, 99% of the developed world should be unemployed since most tasks have been automated over the past 200 years. No, increased automation means more production per worker. For instance, an American dairy farm has milking/feeding/cleaning robots that allows one farmer to do what use to take a dozen.
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  9. This is what happens when you try to manipulate nature. Does matter if it's reforestation, population control, or amping up production.
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  10. The fat profit margins are partially due to the high risk of diamond mining. Two men may mine the same mountain but one strike rich on day one but the other work for a year. But yeah, for most of its history, diamond monopolies have been legal.
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  11. The "non-profit" designation was likely tax evasion.
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  12. There's even analogue AI hardware. Analogue computers are much more efficient than digital, but one devise can only do exactly one task and must be rewired for any change. It takes an absurd amount of computing to train an AI to do anything but after training it'sa simple program, so a custom devise makes sense.
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  13.  @uku4171  I assume he's American and is overly concerned about chips as a strategic material.
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  14. In many parts of Africa it never ended, they simply stopped calling them slaves. In Mauritania, for instance, an estimated 20% of the population are bonded labor and police will arrest escaped "employees" despite slavery being illegal. But as for these diamond mines these were simply grunt native labor and life in the mines paid better than farming and one successful score stealing a diamond was totally worth getting fired over.
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  15. There was a lot of hidden competition in departments and regions and a lot of weird microeconomies.
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  16.  @wile123456  near all diamonds are purchased by men
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  17. If you could make a diamond you can make any gem. Also, common ugly diamonds are used in many industial cutting tools.
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  18. You can bet the farm these goons didn't tell their investors about double dipping on mortgages.
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  19. The majority of diamonds are used for industrial cutting tools, only the shiniest are put on women and rich chumps.
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  20. Were those the guys on Mythbusters debunking those "make your own diamond" videos?
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  21.  @WiththegraceofgodHJ  No one is sure who in the CCP was after him, but some people clearly envied his money.
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  22.  @NielMalan  I'm recalling a story I heard in childhood. Perhaps you're right.
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  23. Get creative when adorning your lover. Get her a tigerskin coat, a royal garmet in Africa.
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  24.  @kalactose348  kinda wasteful when it comes down to it
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  25. If building a new factory is stealing, what does that make industrialization?
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  26. Ha. They banned opium, but that just means the army is the drug cartel
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  27. Jealous, much?
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  28. Most Iranians are rural ruled by Tehran in name only. It's more likely the numbers are total bullshit
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  29. That's silly. Society functioned for decades
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  30. I question your sanity
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  31. ​ @kongbanana8947 they are ruled by a priest and grope anyone not wearing hijab
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  32.  @Syrinx11  Hmm. I say the Germans flipped the pronunciations. (Sarcasm)
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  33. I forget where I read it, but the most appreciated gifts are often the ones difficult for the giver to obtain but of little monetary worth to the receiver. I.E. When Elon Musk realized he forgot to get his wife a Christmas gift, he is reported to have run out into the snow to gather flowers for her. I'm sure that move had more effect than a last minute expensive gift.
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  34. Arizona got really big rivers.
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  35. It may double in size also due to geopolitics, even if it ain't profitable. Don't bet on anything.
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  36. It's literally ruled by a Muslim priest and men are allowed to grope women.
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  37. These weren't slaves, but underpaid grunt labor. And yeah, theft is a big issue with diamonds in Africa because they all know just one successful score is worth getting fired over. Likewise, Jumia Technologies (the Amazon of Africa) reports that as much as 10% of profits are lost to petty theft and investors take it as simply an overhead cost.
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  38. They literally don't. Even guys who don't want kids will get them because they're unwilling to give up on sex. Things have to be bad enough people stop having sex
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  39. Vhut?
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  40.  @rangergxi  They're used in industrial cutting, especially stone cutting tools.
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  41. Monopolies in an industry which, at the time, consisted of a handful of corporate customers? Dude, these guys owned customers for the simple reason that software had to be custom made for each mainframe computer as each was unique at the time.
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  42. Finished diamonds are serialized, why?
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  43.  @odaialzrigat  your misconception comes from politics. China is the biggest SINGLE assebler of computers, Taiwan is the biggest SINGLE maker of chips, but there's all the above all over the world
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  44.  @Restart313  Googling... Iraq's sits at 3.4 BPW as of 2022, just enough to maintain current populations. Africa's fertility rate has been falling since 1990 with many countries as low as Iraq with most of the extremely fertile countries having the highest child mortality rates and the lowest birth rate countries having issues similar to Iran's of broken global economies and wars with everybody. All of this can be ascribe to the population self-regulating its size
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  45.  @shadrachemmanuel1720  Africa's fertility rate varies wildly, and the highest birth rates are in areas with zero modern medicine but slowing growing economies. There are Muslim countries with middling birth rates and falling populations
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  46. This isn't a people thing, this is an Urdu thing
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  47. Liar
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  48. Persian have to fight each other to survive
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  49. Corruption was not a factor
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  50. They literally weren't slaves, but grunt labor making more than they'd make farming. And yeah, theft is a big issue in any African company
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  51. Liar
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  52. ​ @rougeslushie2956 they are the richest Arab community in human history
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  53. Shut up
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  54. Gold is, diamonds are used for industrial cutting devises
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  55. That method worked with putting bullets in Nazis, why wouldn't it work with AI? (Sarcasm)
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  56. I insist we add a P to the front of ITRI aconym and pronounce it PETRIE!
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  57. Liar
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  58. One was a Ponzi scheme, the other was not
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  59. Ha. Too far away
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  60. These guys were losing so much money that minscribe put bricks in sealed boxes to plug growing holes in their account statements
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  61. Get a job hippy
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  62. This is Russia, not Africa
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  63. Israel's economy is akin to Australia. The only thing that is cheap is housing and food
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  64. This is a turdhole, so people aren't trying to ensure their kids wellbeing. Instead, when times are good, more kids manage to fend for themselves, and when times are bad they die.
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  65. They sure as hell don't
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  66. Shut up
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  67. Not that many dead. This is mostly due to the economics of the regime. The population grew dependent on global trade, but now Iran has no reliable cash economy at all. No food = No babies.
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  68. ​ @Jareers-ef8hp weird whataboutism. But the answer is people in those countries avoid having kids because it is a huge obligation, but are unwilling to give up on sex so they have a couple eventually which they raise well (normally).
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  69. They buy from who's selling
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  70. Half of those are dumpster babies
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  71. Shut up. Get drafted
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  72. Especially when nothing stops Taiwan from continuing to make chips
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  73. Shut up
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  74. Women live longer than men in Iran. They don't want to kill women, they want to grope them.
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  75. High risk business also equals fat margins. Big business means jealous ibn sharmouta whining about profit margins. To be fair, until the last few centuries business monopolies were legal.
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  76. Liar
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  77. Shut up
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  78. Hardeehar
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  79.  @VictorSamuelMosqueraArtamonov  we are part of nature. Nothing more
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  80.  @covenawhite4855  I meant population control going both ways. See Communist Romania
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  81.  @weedmanwestvancouverbc9266  That was just an illustration I pulled out my butt
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  82. Deadbeat college dropout detected
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  83. Shut up
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  84. This idiot thinks mainframe computers ad pop up ads
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  85. Buy puts and post losses on WSB, then
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  86. Shut up
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  87. You say that but we all know you will obsess over the 1-4 kids you either will have or already have
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  88. That myth never existed. It's you taking lessons from your mother
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  89.  @GrandTerr  America is a food exporter and making chips is easily profitable
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  90. Quantum computers can't even reliably do basic math.
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  91. Masterworks is a scam. There's already an SEC investigation pending.
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  92. Part of the decline is from no longer having access to global economy. Less trade, less food, less surviving babies
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  93.  @CHMichael  I see where that math comes from relative costs of living as you can buy anything in Africa with a twenty dollar bill (literally, anything). However, whatever finished product the Africans make must be moved to the consumer, and that may be more expensive than all other labor and material costs. Also, the lack of skilled labor and equipment means that many products cannot be made in Africa and others are cheaper to make in the developed world (like staple foods).
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  94. Japan. I think he was seen in a Tokyo night club
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  95.  @AFlyingCookieLOL  vhut?
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  96. I guarantee you have a kid you refused to take care of.
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  97. That's like asking why men would have sex with girls who hate them. It's Persia, they hate everyone, it's just that before times were good enough some of the inbreds survived
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  98. Africans have a piracy problem, not a child care problem.
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  99. It's not enough to be a full time YouTuber, I assume
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  100. Pure speculation.
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  101. Destroying the economy by threatening war with everyone?
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  102. Found the kefala sponsor
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  103. Shut up
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  104. Nestle Pakistan operates almost exclusively in Pakistan. There's a big market locally for bottled water because the municipal water is always dirty and often breaks down.
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  105.  @igameidoresearchtoo6511  you wouldn't even know where Jo-berg is to make that kinda racist assessment.
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  106.  @igameidoresearchtoo6511  the assertion that all white people are racist is itself racist. Comprendé, estupido? And do you even know who colonized South Africa?
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  107. Liar
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  108. Bug off
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  109. A big factor in the slowness to adopt computers was because for many decades no one with control over budgets in Russia knew anything about programming.
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  110. A lot of it comes for free with an app store or your computer too. Also, that price simply reflects costs at the time. These days there are code monkeys in turdworld states that will code up aps for peanuts so that the country can pretend they have technology
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  111. Because crime and incompetence.
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  112.  @uku4171  A psychotic delusion?
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  113. That may change soon.
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  114.  @odaialzrigat  shipping stuff all over the world already is a major cost simply because all the material is all over the world as are the buyers. Copper, gold, silicon, gallium, plastic, and a whole lot else. However, since a new iPhone is worth its weight in silver, this is a minor problem. R&D costs are debilitating, though.
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  115. Fertility is dictated by economics. Most Muslim states require high birth rates because of losses from infanticide, neglect, illness, inbreeding induced disorders. One Yemeni girl said she didn't even know how many siblings she had because several were casually buried and no one noticed. When her father sold her into sex slavery he said "One less mouth to feed"
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  116. Liar.
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  117. Birth rate is dictated by economics, not ideology. If conditions are too hard, people just stop having sex
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  118. Most of them
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  119. Iran doesn't have that.
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  120. That's silly
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  121. That's bullshit. The US, Europe, and Japan had a baby boom while going nuclear.
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