Agree, this guy had a winner mentality.Quote from Brandonf:
Yes, and no one gave him a damn thing either other than opportunity. He didnt ask the government for that opportunity, he dug into his own soul and created it.
Quote from Nashequilibrium:
If i had to make a trade based on whether you are racist, i would go long.
Regarding the issue of African countries being safer when under colonisation is true, due to the supression of African freedom by force. Secondly many of the issues of war after colonisation were created by colonisation. A good example is the genocide in Rwanda. The colonial powers treated on tribe better than the other( the one's with smaller noses were treated better than those with bigger noses, either than that they looked exactly alike). After the settlers left....guess what happened, the one group that was more marginalised wanted some sort of justice.
This has happened in south africa as well, were Coloureds, Indians, Africans were treated diferently than the Africans by the whites although all were discriminated against. This created a division as the indians and coloureds believed that they were better than the Africans. Today there is resentment amongst these three groups due to that but not of the violent nature.
Regarding land grabbing happenng in South Africa......it will never happen, if you do your homework, you realise thear economic policies are actually really good suchas GEAR implented in 1998, that is why many hedge funds have propped up their stock market as there are real gems to be found.
I could go on and on about Ivor coast, Angola, mozambuque etc.....all have a similar pattern, but one thign is clear, South Africa is a gem and ai can see why Barclays and the Bank of China bought huge stakes in their local banks which are safer than the US's.
Quote from Voodoo-king:
u realy are f**ked up, but the world needs to hear ur voice
Arbeit marcht frei
fuck it all work is hell
to be taxed is to be enslaved
if ur born the wrong place sure u can be rich
just feed the government first
if there is little left no problem
invest less in personal growth
Quote from Brandonf:
There was an interesting documentary on showtime a year or so ago. They followed a homeless man for some time, and then near the end of the following him they have him $100,000 cash, hoping he would get back on his feet etc. He did for some time, but 2 1/2 years later he was broke and homeless again. Being poor is a behavioral pattern more than anything else and if the behavior does not change, the economic situation will not meaningfully change over time.
Quote from crgarcia:
Agree, this guy had a winner mentality.
Perhaps he just had a bit high goals to begin, but ultimately it paid off.
Quote from Shagi:
The land the Zimbabwean white farmers owned was in the first place forcibly seized by white British settler armies from the poor blacks ancestors in the early 19th century. It was not paid for. The white framers paid the price for this, its not really their land it belongs to the blacks.
It was stolen loot on borrowed time. The same thing or even worse will soon happen to South Africa. The greedy whites there dont want to share the wealth and land they stole from the blacks.They will soon pay a price like the greedy whites in Zimbabwe. Thats why crime there is high, there is deep resentment of the wealth the whites have and are still not wanting to share it. They will lose everything because of their greediness.
In trading terms the greedy whites in Zimbabwe shorted the and lost out on delivery time because they were unwilling to buy(pay) the land back.
The whites in South Africa are still short enjoying their ill gotten gains soon they will be a demand to deliver in a not so kind manner.
So go long the metals group and enjoy the ride. eeh dont short them.
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Quote from thesharpone:
for that reason i love religion, and i never want religion to demolish, if it weren't for these loads of shit how else would you get stupid people to constantly think within a desired framework
Quote from Optionpro007:
He had a vision.
Poor people need a vision and the wilingness to work hard to achieve it.
Handing money to the poor by itself, unfortunately, is not enough. It actually perpetuates their condition if that is all that is given to them.
As I read in a book a while back, poverty will not be erradicated by bringing poverty into the minds of the rich but by bringing riches into the minds of the poor....