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Thomas Sowell often reminds us that having natural resources doesn’t automatically make a country prosperous. The Congo has enormous mineral wealth, yet geography, institutions, political incentives and historical circumstances have all played a role in its struggles. Natural resources are only valuable when a country has the institutions and... show more

Thomas Sowell Quotes

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15,533 views • 17 days ago •via X (Twitter)

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This is why the world needs Congo because it’s the richest country in terms of natural resources and minerals. Here is a mineral found in Congo that was able to power an LED light.

This is why the world needs Congo because it’s the richest country in terms of natural resources and minerals. Here is a mineral found in Congo that was able to power an LED light.

Typical African

23,211 views • 5 months ago

Thomas Sowell has long argued that good intentions don’t guarantee good outcomes. California is a perfect example of why housing policy, regulations and incentives matter. When government makes it harder and more expensive to build homes, the people with the fewest resources often suffer the most. Sowell would tell us to look at the results, not just the intentions.

Thomas Sowell has long argued that good intentions don’t guarantee good outcomes. California is a perfect example of why housing policy, regulations and incentives matter. When government makes it harder and more expensive to build homes, the people with the fewest resources often suffer the most. Sowell would tell us to look at the results, not just the intentions.

Thomas Sowell Quotes

21,978 views • 16 days ago

Countries are not rich in proportion to their natural resources. If they were, Russia would now be the richest country in the world. Angola would be very rich, and there are many other countries which have a lot of natural resources but they have not had an enterprise economy to develop those resources. Russia has everything: oil, gas, diamonds, platinum, gold, silver, timber, marvellous soil, but has been poor. She's also got very bad environment. [...] It is the countries with the wrong system which have not created the wealth or cared about people. Look at the other side: Japan—no natural resources. Switzerland—no natural resources. Taiwan—no natural resources. Hong Kong—no natural resources.

Countries are not rich in proportion to their natural resources. If they were, Russia would now be the richest country in the world. Angola would be very rich, and there are many other countries which have a lot of natural resources but they have not had an enterprise economy to develop those resources. Russia has everything: oil, gas, diamonds, platinum, gold, silver, timber, marvellous soil, but has been poor. She's also got very bad environment. [...] It is the countries with the wrong system which have not created the wealth or cared about people. Look at the other side: Japan—no natural resources. Switzerland—no natural resources. Taiwan—no natural resources. Hong Kong—no natural resources.

Margaret Thatcher

30,501 views • 1 year ago

The Democratic Republic of Congo (DRC) is facing a crisis due to the exploitation of its rich mineral resources. The country is plagued by child slavery, deadly conflicts, and corruption, which are all fueled by the quest to feed megacompanies with minerals. The situation has thrown 99% of the over 89 million people in this fourth most populous country on the planet into a perpetual state of sorrow, tears, and blood. Uncountable genocides have also been reported in the country, allegedly over its massive natural resource. Your comments on this ...

The Democratic Republic of Congo (DRC) is facing a crisis due to the exploitation of its rich mineral resources. The country is plagued by child slavery, deadly conflicts, and corruption, which are all fueled by the quest to feed megacompanies with minerals. The situation has thrown 99% of the over 89 million people in this fourth most populous country on the planet into a perpetual state of sorrow, tears, and blood. Uncountable genocides have also been reported in the country, allegedly over its massive natural resource. Your comments on this ...

African Hub

61,925 views • 2 years ago

Thomas Sowell takes a fascinating look at why Americans and the French can approach the world so differently. It’s not simply about intelligence, It’s about culture, history, institutions, incentives and the ideas people grow up with. Sowell’s work reminds us that the way people think is often shaped by the environment around them. A thought-provoking look at the differences between America and France.

Thomas Sowell takes a fascinating look at why Americans and the French can approach the world so differently. It’s not simply about intelligence, It’s about culture, history, institutions, incentives and the ideas people grow up with. Sowell’s work reminds us that the way people think is often shaped by the environment around them. A thought-provoking look at the differences between America and France.

Thomas Sowell Quotes

25,787 views • 19 days ago

Sad to see what this country has become... People are forced to fight alone, yet rewarded with suffocating taxes and a system that slowly strips away their rights. Indonesia is rich overflowing with natural resources yet that wealth never truly reaches its people. It spins only within the hands of greedy rulers and corrupt officials. The red and white flag is far too sacred... For a government this filthy.

Sad to see what this country has become... People are forced to fight alone, yet rewarded with suffocating taxes and a system that slowly strips away their rights. Indonesia is rich overflowing with natural resources yet that wealth never truly reaches its people. It spins only within the hands of greedy rulers and corrupt officials. The red and white flag is far too sacred... For a government this filthy.

Rub✧

209,861 views • 1 year ago

The ongoing Genocide in Congo is a multi billion dollar industry. Till date many people are displaced in their millions and millions have been killed. The Democratic Republic of Congo is considered the world's richest country in terms of wealth in natural resources. Most of the raw mineral deposits remain untapped. These deposits include the world's largest coltan reserves and considerable amounts of cobalt.

The ongoing Genocide in Congo is a multi billion dollar industry. Till date many people are displaced in their millions and millions have been killed. The Democratic Republic of Congo is considered the world's richest country in terms of wealth in natural resources. Most of the raw mineral deposits remain untapped. These deposits include the world's largest coltan reserves and considerable amounts of cobalt.

Typical African

179,247 views • 2 years ago

Congo is the Richest land on the planet. Congo is filled with Mineral resources. You can pick up any mineral from the soil in Congo. Congo has the capacity to supply the whole of Africa with constant Electricity through the Congo River. The Congo can feed the whole of Africa. Since the arrival of Leopold in the Democratic Republic of Congo, the people have been suffering immensely through overexploitation, with over 10 million being killed via his policies and after Colonialism the people now experience neocolonialism and imperialism based on the fact that every one wants Congo’s natural and mineral resources especially cobalt and coltan use in production of batteries for phone accessories etc. Today, despite being endowed with rich natural resources, the DRC is the second-poorest country in the world and the poorest in Africa. Congo has been constantly over exploited by Europe, USA and China through their puppets. Congo have to be free.

Congo is the Richest land on the planet. Congo is filled with Mineral resources. You can pick up any mineral from the soil in Congo. Congo has the capacity to supply the whole of Africa with constant Electricity through the Congo River. The Congo can feed the whole of Africa. Since the arrival of Leopold in the Democratic Republic of Congo, the people have been suffering immensely through overexploitation, with over 10 million being killed via his policies and after Colonialism the people now experience neocolonialism and imperialism based on the fact that every one wants Congo’s natural and mineral resources especially cobalt and coltan use in production of batteries for phone accessories etc. Today, despite being endowed with rich natural resources, the DRC is the second-poorest country in the world and the poorest in Africa. Congo has been constantly over exploited by Europe, USA and China through their puppets. Congo have to be free.

Typical African

49,574 views • 2 years ago

🇮🇷 IRGC spokesman trying to summon woke socialist energy in the U.S.: "The American people live in a land that, in terms of fertility, is one of the best lands in the world. They have abundant water resources, energy and valuable minerals. With all these resources, human resources, natural resources and underground resources, they could have a very prosperous country. So our question is: why does America have 39 million people below the poverty line? Why are millions of people homeless?" Nice speech, but would have been a whole lot nicer if half of Iran didn't live on less than a U.S. burger flipper's hourly wage per day. Writer: Mhedi

🇮🇷 IRGC spokesman trying to summon woke socialist energy in the U.S.: "The American people live in a land that, in terms of fertility, is one of the best lands in the world. They have abundant water resources, energy and valuable minerals. With all these resources, human resources, natural resources and underground resources, they could have a very prosperous country. So our question is: why does America have 39 million people below the poverty line? Why are millions of people homeless?" Nice speech, but would have been a whole lot nicer if half of Iran didn't live on less than a U.S. burger flipper's hourly wage per day. Writer: Mhedi

Mario Nawfal

23,333 views • 4 hours ago

I'm always fascinated by this argument. Congo has a lot of resources, and they want to cut off the purchasers of these resources because they feel like they're being exploited. 1. Congo primarily makes its money selling its resources. 2. Congo doesn't have the technological capabilities to ever develop Apple, Samsung, or Tesla-level technology to complement its natural resource surplus.

I'm always fascinated by this argument. Congo has a lot of resources, and they want to cut off the purchasers of these resources because they feel like they're being exploited. 1. Congo primarily makes its money selling its resources. 2. Congo doesn't have the technological capabilities to ever develop Apple, Samsung, or Tesla-level technology to complement its natural resource surplus.

Asian Dawn

14,610 views • 2 months ago

“Nowhere in the world has a country that is developed, has sizable chunk of resources, yet it doesn’t deploy it for its own development,” said Dr Pali Lehohla reacting to this year’s budget.

“Nowhere in the world has a country that is developed, has sizable chunk of resources, yet it doesn’t deploy it for its own development,” said Dr Pali Lehohla reacting to this year’s budget.

POWER 98.7

35,497 views • 7 months ago

The war in Congo is a war for Natural Resources for the west. Thousands are being displaced, rape, killed and people are dying in their numbers. The war is believed to be fuel by Europeans and their African puppet in other for them to get access to the Untapped Natural Resources of Congo. Congo is bleeding 🩸 Congo is bleeding 🩸 Congo is bleeding 🩸 Congo is bleeding 🩸 Congo is bleeding 🩸 Congo is bleeding 🩸 When will Congo have peace? #Africa

The war in Congo is a war for Natural Resources for the west. Thousands are being displaced, rape, killed and people are dying in their numbers. The war is believed to be fuel by Europeans and their African puppet in other for them to get access to the Untapped Natural Resources of Congo. Congo is bleeding 🩸 Congo is bleeding 🩸 Congo is bleeding 🩸 Congo is bleeding 🩸 Congo is bleeding 🩸 Congo is bleeding 🩸 When will Congo have peace? #Africa

Typical African

781,535 views • 2 years ago

Venezuela was once a great, rich and dynamic country. Abundant natural resources starting with enormous reserves of oil and natural gas. Hundreds of millions of tonnes of nickel and bauxite, thousands of tonnes of gold, with a great concentration in the Orinoco Mining Arc, one of the largest mineral and mining regions in the hemisphere. Maduro didn’t unlock prosperity. He destroyed it. He crushed his people while stealing their money, resources and heritage. President Trump will fix the broken Venezuelan economy and rebuild the country. A strong, exporting Venezuelan economy is great for America and our Hemisphere.

Venezuela was once a great, rich and dynamic country. Abundant natural resources starting with enormous reserves of oil and natural gas. Hundreds of millions of tonnes of nickel and bauxite, thousands of tonnes of gold, with a great concentration in the Orinoco Mining Arc, one of the largest mineral and mining regions in the hemisphere. Maduro didn’t unlock prosperity. He destroyed it. He crushed his people while stealing their money, resources and heritage. President Trump will fix the broken Venezuelan economy and rebuild the country. A strong, exporting Venezuelan economy is great for America and our Hemisphere.

Howard Lutnick

222,313 views • 8 months ago

When managed responsibly and strategically, natural resources have the potential to support peace, investment, and shared prosperity. From day one, President Trump has made clear that economic security is national security. Together, we can ensure resource wealth finances peace—not war.

When managed responsibly and strategically, natural resources have the potential to support peace, investment, and shared prosperity. From day one, President Trump has made clear that economic security is national security. Together, we can ensure resource wealth finances peace—not war.

U.S. Mission to the UN

102,546 views • 2 months ago

Somalia occupies one of the world’s most important geopolitical positions. Why, then, has the country failed to turn that advantage into real wealth and influence? That is the million-dollar question. One reason is that Somalia has failed to produce the leaders it needed. External powers, however, may also have played a major role in keeping the country exactly as it is.

Somalia occupies one of the world’s most important geopolitical positions. Why, then, has the country failed to turn that advantage into real wealth and influence? That is the million-dollar question. One reason is that Somalia has failed to produce the leaders it needed. External powers, however, may also have played a major role in keeping the country exactly as it is.

Abdi khalif M.

78,810 views • 12 days ago

🇨🇦 Canada is the only country in the world with abundant natural resources increasing our GDP… that elected a Prime Minister that will do everything to sabotage our prosperity to the climate cult. This from .Scott Adams ⬇️⬇️

🇨🇦 Canada is the only country in the world with abundant natural resources increasing our GDP… that elected a Prime Minister that will do everything to sabotage our prosperity to the climate cult. This from .Scott Adams ⬇️⬇️

Keith

60,906 views • 1 year ago