Comments by "Luredreier" (@Luredreier) on "Hindsight" channel.

  1. ​ @mmaximk  Because natural resources only makes a country rich if it's organized to distribute and/or save the resources instead of mainly making the resources in question available to the elite. It's a problem similar to the oil curse.
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  2. It also contains some rare Earths from what I understand. If prices go high enough (and in case of scarcity they will) then these deposits will become viable.
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  3. It's interesting that you'll find more millionaires and billionaires who are self made (as opposed to inherited) pr capita in countries with high taxes, like Norway then low ones. High taxes isn't a problem for industries, no matter what capitalists might say, what matters is competitive advantages, stability and predictability. If people who has a idea can live of welfare while trying to make their idea a reality, or in case things goes wrong you can get more innovation. Health care, free education etc all lowers costs for the companies for highly skilled labour. And so one and so forth.
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