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re: insane statistic: 30,000 Indians live in Uganda (43 mill people). They pay 65% of taxes

Posted on 7/16/19 at 2:37 pm to
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 7/16/19 at 2:37 pm to
Threads like these reinvigorate my interest in finding "basic" investment opportunities in second and third world countries.
Posted by Tiger Prawn
Member since Dec 2016
26319 posts
Posted on 7/16/19 at 2:38 pm to
Dey do not know da way
Posted by Mud_Till_May
Member since Aug 2014
9685 posts
Posted on 7/16/19 at 2:39 pm to
Im broke as frick but I have more money in the bank than most. Its a mindset.
Posted by TigersSEC2010
Warren, Michigan
Member since Jan 2010
38535 posts
Posted on 7/16/19 at 2:46 pm to
It has always blown my mind that not a single African country has somewhat put it together enough to be even close to a modern western nation. South Africa was doing well but they're going backwards at a scary pace right now.
Posted by kingbob
Sorrento, LA
Member since Nov 2010
71157 posts
Posted on 7/16/19 at 2:54 pm to
Parts of Kenya and Namibia are decent these days. If the communists and warlords don’t interfere, Lagos, Nigeria could be nice in 20 years. The economic boom there looks very similar to many large Indian cities 20 years ago. Capitalism is rapidly pulling millions out of poverty there.
Posted by fr33manator
Baton Rouge
Member since Oct 2010
135028 posts
Posted on 7/16/19 at 2:55 pm to
quote:

It has always blown my mind that not a single African country has somewhat put it together enough to be even close to a modern western nation. South Africa was doing well but they're going backwards at a scary pace right now.


Rhodesia was booming, as was S Africa.

I wonder what happened?
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