Bringing back the Somali shilling

Re:Bringing back the Somali shilling by rootusrootus on Wednesday May 24, 2017 @11:43PM (#14415171)

At the risk of heading even further down this rabbit hole, I'd observe that there are very many significant differences between Somalia and the United States and that the existence of government is just one small part.

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Re:Bringing back the Somali shilling by coldtea on Thursday May 25, 2017 @05:23AM (#14416185)

>I'd observe that there are very many significant differences between Somalia and the United States and that the existence of government is just one small part.

Could it be that "the existence of government" plays a big role in there being "very many significant differences between Somalia and the United States"?

Advanced countries can turn into rubble very fast if central government collapses -- grabs for power, civil wars, etc. Heck: https://searchingforsyria.org/en/how-can-i-help-syrian-refug...

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Re:Bringing back the Somali shilling by skaplun on Thursday May 25, 2017 @01:41AM (#14415489)

If George Washington declared himself king, you might be looking today at 30% unemployment like some of the euros

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Re:Bringing back the Somali shilling by kwhitefoot on Thursday May 25, 2017 @05:25AM (#14416192)

Most of the European states that have monarchs (Norway, Denmark, Sweden, Netherlands for instance) are doing alright, Spain is an outlier.

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Re:Bringing back the Somali shilling by omginternets on Thursday May 25, 2017 @06:34AM (#14416430)

Let's not forget the UK.

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Re:Bringing back the Somali shilling by kwhitefoot on Friday May 26, 2017 @06:33AM (#14423080)

I haven't forgotten the UK. It's where I come from. Unfortunately the saying: "The past is a foreign country, they do things differently there." applies.

So I sometimes try to avoid mentioning it, and especially anything to do with Brit royalty.

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Re:Bringing back the Somali shilling by omginternets on Friday May 26, 2017 @06:51AM (#14423147)

I'm not sure what you're hinting at, but it sounds like the current state of UK politics has you exasperated.

Still, the UK is objectively doing alright these days, and objectively has a monarchy :)

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Re:Bringing back the Somali shilling by tehwebguy on Thursday May 25, 2017 @01:49AM (#14415511)

What is the point you were trying to make?

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Re:Bringing back the Somali shilling by skaplun on Thursday May 25, 2017 @02:39AM (#14415678)

"that the existence of government is just one small part."

I dont think you can qualify government as "just one small part". America would not be in the same place today without the decisions taken over time by its leaders. The same decisions would not be made under a different system of incentives for a leader like a monarchy/anarchy

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Re:Bringing back the Somali shilling by timthelion on Thursday May 25, 2017 @03:30AM (#14415863)

It wouldn't be the same place, but it would still have enjoyed the highest natural-resource to population ration of any nation in history. Coal, Iron, Oil, Natural Gas, Gold, Wood, Water, Arible land, Uranium, Aluminium, Copper, all in great supply. The only comparable nations I can think of are Australia and Brazil, and their relative wealth is rather well explained by the overall wealth gradient nearing the equator:https://en.wikipedia.org/wiki/Geography_and_wealth

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