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Thread: U.S. Identifies Vast Riches of Minerals in Afghanistan

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    Re: U.S. Identifies Vast Riches of Minerals in Afghanistan

    Quote Originally Posted by Gray_Fox_86 View Post
    Right but fix the corruption and we may have a pretty decent nation.
    Agreed, but we should start here in this country first.

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    Re: U.S. Identifies Vast Riches of Minerals in Afghanistan

    Quote Originally Posted by LiberalAvenger View Post
    Agreed, but we should start here in this country first.
    Impossible thing to do with the majority of the people being passive aggressive.

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    Re: U.S. Identifies Vast Riches of Minerals in Afghanistan

    Quote Originally Posted by American View Post
    Let's hope they fail, right?
    Its not about "hope they fail"...Its about contracts given.

    Until you can have a *real* government, you cannot exploit the resources at hand to benefit your country. For reasons the same in Africa...

    Corruption is rampant

    Afghanistan: China's Winning Bid For Copper Rights Includes Power Plant, Railroad - Radio Free Europe / Radio Liberty

    Afghanistan has awarded a state-owned company in China with the right to develop a large copper field to the south of Kabul, following two years of bidding.

    China Metallurgical Group agreed to invest billions of dollars in the project and related infrastructure development -- including the construction of a coal-fired electrical power plant and what would be Afghanistan's first freight railway.

    By the estimates of some geologists, deposits at Afghanistan's Aynak copper field in Logar Province make it the world's largest undeveloped copper field.

    The deal gives China Metallurgical Group the right to extract high-quality copper from the area south of Kabul.

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    Re: U.S. Identifies Vast Riches of Minerals in Afghanistan

    Quote Originally Posted by ric27 View Post
    Its not about "hope they fail"...Its about contracts given.

    Until you can have a *real* government, you cannot exploit the resources at hand to benefit your country. For reasons the same in Africa...

    Corruption is rampant

    Afghanistan: China's Winning Bid For Copper Rights Includes Power Plant, Railroad - Radio Free Europe / Radio Liberty
    Well, our companies could try to bid.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
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    Re: U.S. Identifies Vast Riches of Minerals in Afghanistan

    Quote Originally Posted by American View Post
    Well, our companies could try to bid.
    Bidding won't work when China gives cash to politicians who make the decisions.

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    Re: U.S. Identifies Vast Riches of Minerals in Afghanistan

    Quote Originally Posted by donsutherland1 View Post
    Resource abundance offers no assurance of development and economic prosperity. Yemen and Nigeria are case examples where resource abundance has failed to provide such benefits. Given that Afghanistan has a government of suspect legitimacy, has been and remains widely corrupt, and is very provincial in nature, along with Afghanistan's being a fragmented society where genuine authority is diffuse, resource abundance probably won't lead to great benefits in the near-term or medium-term for Afghanistan, much less political stability.

    Political stability will require bringing together the nation's tribal leaders--perhaps even starting over on that front--slowly building from there. It will also require military success against the Taliban, but the current Kabul-centric strategy/seeming lack of contingency planning that are playing out in delayed achievement of outcomes increasingly makes a muddy outcome probably more likely than a clear and sustained success. Developments in post-Musharraf Pakistan add to the challenges affecting Afghanistan. Finally, even if a strong central government emerges in Afghanistan, there is little guarantee that the government would not assume ownership of the resources, leading to the benefits/wealth from such resources flowing to the government and its cronies, while the vast majority of the population benefits little and enjoys little accountability from a government that does not depend on their tax revenue to fund its operations.
    I agree that it's by no means a certainty that things will get better, but Afghanistan has one critical advantage over places like Yemen or Nigeria - a powerful country is heavily invested in its success.

    Given the vast scope of these resources and the projected long-term presence of US forces in the country to provide security, I would expect that there would be foreign corporations interested in securing mining rights. If development can be ramped up at a steady pace, it will provide the government with the necessary funds to provide infrastructure for the citizens and pay more than the Taliban. If it diminishes the importance of the opium trade to the domestic economy, that will cut off a substantial part of the Taliban's influence.

    There are certainly short-term and long-term problems that Afghanistan will face, but this is the first thing I've seen that created any possibility that the country would be self-sustainable in the near future.
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    Re: U.S. Identifies Vast Riches of Minerals in Afghanistan

    Quote Originally Posted by LiberalAvenger View Post
    If you compare us with third world countries you are correct. If you compare us with the rich industrial countries than you are not correct.
    We're ranked number 13th in regards to Quality of Life Index out of 111 countries. Hardly at the bottom. Hell, within the top 15. To give you some comparison that's ahead of Canada, Japan, Blegium, France, Germany, the UK, South Korea, etc.

    When you then take into account the size and population of the countries it also paints a different picture. The U.S. has more people in it than all 12 of the others combined and has far more land mass than 11 of the 12 put together (excluding Australia). This by itself makes notions such as universal high speed internet for all and other forms of public services far more difficult if not impossible by their very nature.

    All told, yes, even amongst industrialized countries the U.S. is a rather high quality of living for even some of the lower portions of society.

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    Re: U.S. Identifies Vast Riches of Minerals in Afghanistan

    Quote Originally Posted by LiberalAvenger View Post
    The US has vast riches but only 1% of the population gets much from them except to work their asses off for the barons of industry.
    Quote Originally Posted by LiberalAvenger View Post
    If you compare us with third world countries you are correct. If you compare us with the rich industrial countries than you are not correct.
    The median income in the US is the 2nd highest in the world, behind only Switzerland. It's not just the top 1% of the population that does well for itself.
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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    Re: U.S. Identifies Vast Riches of Minerals in Afghanistan

    Quote Originally Posted by RightinNYC View Post
    The median income in the US is the 2nd highest in the world, behind only Switzerland. It's not just the top 1% of the population that does well for itself.
    I'd add that most of the lowest earning Americans are in the top 20% of the worlds income earners.
    There shouldn't be many whiners in this country but there sure as hell are a lot of them.
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    Re: U.S. Identifies Vast Riches of Minerals in Afghanistan

    Quote Originally Posted by Harry Guerrilla View Post
    I'd add that most of the lowest earning Americans are in the top 20% of the worlds income earners.
    There shouldn't be many whiners in this country but there sure as hell are a lot of them.
    Are you saying that when I critisize my country I am whining? Conservatives love to wave the flag and talk about freedom of speech except when it conflicts with their beliefs then they call it whining.

    BTW, the statistics quoted above are open to debate because there is no credible sources to back them up.

    How can you say the country is in such great shape when the unemployment rate is so high and the gulf of mexico is being poisoned by a corporate entity?

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