If you open any book on microeconomics you'll find the chapter on comparative advantage. After you read it everything will become clear. You still need pretty complex equipment to export rocks by the way.
Carter Garcia
>3rd world countries have almost no industry and basically just export only rocks, oil, wool, and other shit that you can pull out of the ground.
they're not the only ones
Thomas Nelson
genuine fpbp
Ryder Allen
for comparison
Carson Hill
>1 post by this ID
Zachary Peterson
Third world problems.
Elijah Ortiz
No.
It's called the resource paradox.
You export all that shit, which means foreigners demand your currency, which appriciates your exchange rate, and makes your manufacturing exports noncompetitive.
Mason Cruz
It's amazing how stagnant Russia is, they've gone through feudalism socialism and capitalism in the space of 100 years and every time they end up stagnating.
Jacob Lewis
>investing in corrupt shitholes, that don't have the necessary infrastructure and security >basically throwing your money out the window kek
The Swiss are ranked third despite penicillin, jewelry, and wristwatches making >60% of their exports. Can't make this shit up.
Leo Richardson
and whores/brides, ect.
Evan Howard
>foreign investment Their populations are 85% illiterate, they are generally ruled over by an ever-changing roster of warlords who only want more guns, the infrastructure of roads, electricity etc is barely existent.
What is there to invest in, exactly? Far better to move in, extract the resources under armed guard, and then exit as fast as possible.
William Phillips
They lack intelligence. So these countries should import 'genius sperm' to boost the intelligence of their citizens. With higher intelligence, they will be able to compete globally.
Jason Wilson
I'm more disappointed than surprised, having all that oil and exporting so little of it.
Aaron Morales
Investing in ooga booga countries that have regular regime changing chimpout is as safe as investing in lottery tickets
Blake Jenkins
so? if it's all used up on your home marked it doesn't make a difference
Liam Harris
>4.4 unclassified repping that drug economy
Isaiah Adams
Also, seems like most of your oil is used for manufacturing it seems. A bit better in the long run desu.
Owen Edwards
>Being dumb enough to think you have lots of oil
Julian Campbell
looks like britain has important trade interests in papua new guinea. after all, we import a lot of poles.
Isaac Cook
it's not that they export less of it, it's that their exports make up a smaller proportion of their total exports.
Henry Adams
Cant start the machine unless the boss is there bruh, were running on CP time.
Camden Garcia
That's for the complexity of goods produced, not diversity. You could sell 5 different rocks and oils, it's still less complex than a few machines, cars and watches.
Christopher Barnes
thinks he's Venezuela
David Rogers
if you guys want to fiddle with the actual database:
>10% of our exports are mobility scooters and related shit >tfw ameriblubber obesity is what keeps us alive
Brayden Harris
>Unclassified transactions
What does it mean?
Ryder Ward
...
Samuel Scott
Kek. Blackmarket stuff
Eli Perez
It still doesn't make sense when you compare it to America's treemap which has more diverse and complex products than jewelry and watches.
Elijah Miller
Marxism is liked nuking your own nation, it takes generations to recover the brain drain and cultural rotting. The corruption is unreal, I mean, we think we have it bad.. Only good thing is nationalism survived there.
Ayden Fisher
Poland you are my greatest ally
Kayden Williams
god bless oil
Evan Martinez
for instance here is the latest data for brazil's exports (2014) with depth down to HS2 so it's easier to visualize
you can just hit a button and download the png right away too, it's a pretty dope tool
Easton Russell
how much does your welfare state pay norwegians?
Joseph Fisher
We're only exporting great leaders and butthurt into continental europe, yet we're always so high in country rankings. Jesus Christ this country is based.
Austin Baker
Actually no. It makes the population lazy, uncreative and dependent, the leadership corrupt, it enflates the welfare state. If you have low natural ressources, you HAVE TO invest in your people, their knowledge and their skills.
Saudi Arabia vs Germany in its better days.
Jayden Lopez
here's Haiti's
Nicholas Flores
Pretty much this.
What will norway be in 50 years? A bunch of 80 year old hedonists with no children?
Dylan Baker
the welfare state is comfy
if you exclude non-state citizens and don't grant citizenship very easily, and inflict heavy penalties and requirements to prevent abuse, and if jews don't control the government, or leftists
Colton Johnson
merika only #5 my sides
Sebastian Edwards
>analogue computers what the hell?
Lincoln Myers
>mfw that developed economy
Henry Reed
so like canada?
i cant even pretend not to care anymore. we pull our riches out of the ground and pack them off to elsewhere so other can be employed and profit. raw logs, unrefined oil, minerals...
fuck canada, nation of economic cuckolds.
Sebastian Foster
...
Caleb Morris
>11% unclassified transactions
Ian Nguyen
>Is foreign investment completely banned or something? Most of the time the locals aren't competent enough to run the shit themselves and no comparison y wants to work in a place guaranteed to het their workers killed
Ian Adams
so much for "there must be ordnung!"
classify your shit hans get it together
Ethan Thomas
>0.68% Rape
Michael King
*0.86%, rather
Owen Walker
JUST
Jackson Sullivan
>Where does the Federal Republic of Germany export Unclassified Transactions to? (1963) >12%United States
Pfizer and Bayer selling meth on the sly? I don't know.
Brody Reed
(((Unclassified Transactions)))
Zachary Bennett
Syria
Evan Johnson
so turns out 2% of our exports is human/animal blood
Levi Sanchez
Vegetables? In reference to the brain dead refugee's they're exporting
Isaac Jackson
We conomics yet?
Isaac Flores
I'm pretty sure their exports are 90% """refugees"""
Brandon Allen
More like tax evasion
Jace King
Whats the name of this film? I saw clips of it and it looks hilarious.
Colton Cook
France. Quite good.
Isaiah Long
WILL SYRIA EVER RECOVER?
Eli White
The computer you posted is digital fyi.
Brody Kelly
>How do so many countries not even have factories? Is foreign investment completely banned or something? westerners dont want their market ruined so they tell their puppets not to do anything about that
Cooper Wood
>Australia
Zachary Ross
no, the war is way too profitable for Schlomo Steinberg
Brody White
>0.51% dish washing It's legit :OOO
Gavin Jackson
Only if Assad won the war
Wyatt Lewis
>Unclassified transactions 7.5% Some shady shit's going down in Norway.
Chase Russell
Empire of Dust It's mandatory viewing.
Nolan Ortiz
>malawi selling cigarettes to buy more cigarettes
Luke Powell
>1,8% parts of cash registers & calculating machines
W-what?
Also >Unclassified transactions Tax avoidance schemes, or black market?
Thomas Moore
>great leaders >Habsburgs
Kevin Fisher
>Some shady shit's going down in Norway
I don't know if you intended it but...
>"Something is rotten in the state of Denmark"
based brits
William Rogers
We should really get into this unclassified transactions business. Seems pretty profitable desu
Ayden Jones
you need certain things to build an economy, like a functional justice system and not socialism.
Michael Martinez
"Unclassified" means "anything else."
Black markets aren't included at all.
Blake Hernandez
>27% weed that must be it.
Nathaniel Cox
Can someone post Lebanon's?
Brandon Perez
Holy fuck how is your country surviving oil prices tanking?
Liam Howard
Why wouldn't we export shitloads of oil we have? Our economy isn't the most complex one around but according to OP's list it's an Eastern European shithole tier, right about where we belong. Why do people always expect Russia to compete with Western Europe when we are a freezing slavshit country with one of the lowest population densities in the world?
Caleb Ward
I mean, what hasn't been subdivided into a category? What is so elusive about these products that economists can't classify them?
>"but muh handmade cuckoo clock is the most special and unique of objects, it is no mere 'toy' or 'timepiece' you New World savage!"
Jonathan Myers
still too little value added products. Need more goods less raw mats
Kayden Cruz
>Boeing or Lockheed loses a contract >.... >Airbus or Dassault loses a contract >8 PERCENT OF FRANCE ON SUICIDE WATCH
Hudson Carter
The real Shakespeare was a black kang woman. Shakespeare couldn't even write his own name.
Ayden Morgan
>black kang woman no you illiterate fag, she was a black transvestite woman who is also an elfkin, stop triggering me.
Dylan Perez
>Biggest german gas chamber manufacturer gets its image ruined by US federal investigation >Germany on suicide watch Oh wait...
Parker Morgan
>balls
lolwut
Anthony Green
your problem is that the brands/companies that produce these arent local, so the real gainz dont go to your economy. same with mexico, its a cluster fuck of industries of all kinds, youd think that would be enough to make a cunt developed but no
Easton Torres
Nevertheless a cozy, oil dependent economy encourages a drift to the left even further, which brings about the opening of the welfare state to social immigrants faster. I'm not saying it couldn't be prevented, but it's making it more likely. Very obviously it is good to be rich in ressources, but only if you have a strong, educated and creative population. Being dependent on it is like keeping a country on heroine.
Tyler Fisher
>Somalia
Leo Thompson
I don't know about Norway, it's still a European country after all, they won't decline into African niggerdom. But Saudi Arabia will probably evaporate like a fata morgana as soon as noone needs their oil anymore. Which could take a while, even if the West got nuclear fusion, etc. going, there would still be the low economies as a market.
But I really can't wait until we're independent of the oil of the Middle East, then they can sit around the oasis and throw camel dung at each other again for having the wrong "believe". Fucking savages.
Hudson Wilson
having trouble finding an intelligent point in your post
I mean, obviously I'm exaggerating you could have just said something like "firms such as Airbus and Dassault contract to airlines and militaries all over the world and are competitive in all these different markets, in no way would the health of their company be contingent on a single contract" but you made a gas chamber analogy.
By all means, spoonfeed me what you meant because right now I can't think of your retort as anything less than retarded.
Owen Richardson
The dieselgate ruined VW's reputation because >gas chambers on wheels Didnt matter though