Re:Investing Returns on the S&P500
by specialist on Wednesday June 29, 2016 @01:27PM
(#12003137)
Demographics. Africa, Nigeria in particular, looks like China and India of decades past.
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Perhaps, but Nigeria is a disaster waiting to happen. Their economy is dangerously dependent on crude petroleum exports[0] (second only to Saudi Arabia, I guess). This, along with them having destroyed 95% of their forests[1] in the last few decades, and having an expected population growth from 180→400+ million by 2040, is absolutely unsustainable and will be depressing to watch unfold.
Re:Investing Returns on the S&P500
by specialist on Saturday July 02, 2016 @11:19AM
(#12022845)
Late response. I have to reply.
Yes. China and India (and Pakistan and Brazil and...) are disasters in progress. Yet there are encouraging signs.
I choose to hope that Nigeria and others will improve their lots as they climb the economic ladder. Their people certainly deserve it.