re: Swiss Investor Marc Faber: America would be like Zimbabwe if blacks were the majority

Even then, the GDP is largely driven by tourism in most of those places. It's not like the automobile or the computer was invented there. Do these countries thrive off of their ingenuity and hard work leading to them to more productive than other countries. If their money comes from people from developed nations dumping vacation money at the Four Seasons that was built with investment capital from developed countries, a high PPP can hardly be attributed to some intrinsic characteristic of the service industry folks working at the Four Seasons.