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Originally Posted by oompaloompa well thats one point of view, but would they have built the technology on their own to mine all this like the Europeans did....all very well just giving technology to the them, like British did for the Arabs, set it all up and left. Arabs became rich, but it wasnt down to their resourcefulness in the first place, before that they were bedouins sitting on top of oil wells, oblivious... | Well, there is a Lot more to it than that, Diamonds and Gold ARE NOT found in concentrations that make mining profitable just Anywhere, De Beers entered in a VERY Lopsided PERMANENT Partnership with the Goverment back in I think 1888 when the Africans had No Idea of what the Value of these items truly was.
Remember that back then the Only Use for these items were for Jewlery, Not Useful to the Africans, Therefore it Had No Value to Them.
So from their point of view it was a Good Deal.---BIG MISTAKE!!!
Oil is VERY different, Oil is also Concentrated in Relativitly Small areas but these "Small" areas are MILLIONS of Square Miles.
Another thing is that Oil was made here on Earth Dead Organic matter Decaying over Millions of years turns into Oil.
Gold, Diamonds and ALL "Heavy" Metals are NOT Made on Earth they come from Space (Created Inside Super Novas to be Specific) and Arrived on earth through Collisions, meteor Impacts, ect, ect Therefore are MUCH Rarer.
I Sound like a Geek Don't I?, But believe me I am NOT
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