“The whole country is basically a boomtown. It’s one of these funny places where you really need to be on the ground to understand it. So you have a country that five, ten years ago didn’t have that much in the way of wealth, and the average citizen wasn’t making that much money. And suddenly they’ve gotten really high paying jobs in the mining sector, and they’re making a few thousand U.S. dollars a month. Prior to this mining project, some of them weren’t making that much in a whole year. All of this newfound wealth is entering the economy. It’s creating a middle class. It’s creating a booming economy.”
Related posts:
‘How Money Walks’: Map shows cash fleeing states with high taxes
Russia Asks For The Impossible With Its New Surveillance Laws
McCain’s Moderates Join Al-Qaeda
House Votes to Kill Fourth Amendment
Drug Dealers Unfazed By Legal Pot: "Nobody Wants To Be On A List"
Elon Musk Might Not Be Too Unhappy About Russia's Space Station Ban
U.S. Border Patrol Guns Down Fleeing Marijuana Smuggler
Bitcoin Payment Processor BIPS Attacked, Over $1m Stolen
India’s ultra rich: younger, richer and buying gold
Gold imports jump 102% in Pakistan; ban imposed
EU: Treaty of debt (ESM) - stop it now! (2011)
BGPSEC: More Internet Control In The Name Of “Security”
EFF awards Apple, Google perfect privacy scores
Bottled Water Nazis and Big Beverage
Now, in Second Place Is …