| ▲ | WalterBright 2 hours ago | |
Natural resources are not required to make a country an economic powerhouse. See Japan, for example. Hong Kong, Taiwan, S Korea. What's needed are free markets. Any country that wants to become a powerhouse has it within their grasp. Free markets. | ||
| ▲ | TheSpiceIsLife an hour ago | parent [-] | |
And political will. The Antipodes have such a problem with successful people we even invented a term for it. https://en.wikipedia.org/wiki/Tall_poppy_syndrome On the subject of free markets, Australia excels. We even let foreign entities extract and sell our LNG and pay no royalties and no tax. https://australiainstitute.org.au/post/zero-royalties-charge... Doesn’t get any freer than that! | ||