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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (81694)10/19/2011 2:12:58 AM
From: elmatador1 Recommendation  Respond to of 217869
 
Gold is natural resource. Finance industry is enterprising people.

Johannesburg my mate told me: All that here is result of gold mined. That building coffee barons money. São Paulo is coffee-financed industrialization.

Benjamin Franklin said: If you destroy the cities and leave the fields intact. The cities will be rebuilt. If you destroy the fields and levae the cities intact, the cities will vanish.

We need enterprise to put:
capital,
technology,
natural and human resources
with the goal to enrich ourselves and make our lives better.

Each of these above alone, cannot make an economy.



To: TobagoJack who wrote (81694)10/19/2011 2:59:03 AM
From: Snowshoe  Read Replies (1) | Respond to of 217869
 
AK dividend is based on fund earnings, so it can theoretically continue if resources dry up. Depends on how government is funded in post-oil scenario. The state budget is ~10x the dividend payout, and comes directly from resource taxes. We need to find more oil soon, or else things become dire...


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