>can we learn from Saudi Arabians who are sitting on their haunches -
and getting poorer despite owning 25% of the world's oil --- whereas Japan grew
without >ANY mineral resources to become the second largest world
economy?
Good analysis. I think somebody is
exploiting the Saudis.
I think the Assamese and the Saudi
Arabians are proving, albeit in their own different ways, that having oil
in your yard does not guaranty that you will be rich. Like the Saudis
producing 25% of World oil, Assam is producing about 25% of India's
oil.
Lesson to be learnt.
Rajen Barua
.
----- Original Message -----
Sent: Wednesday, July 20, 2005 1:27
PM
Subject: [Assam] 9/11 -
Development--learn from Saudi Arabia's downhill per capitaincome - versus
Japan
Hi,
I was going thru many books in Martin Luther King - the main DC public
library at China Town - which even has a mural with Mahatma Gandhi's
image- and somebody had just read this book "9/11 commiission report" -- it
had info on Pakistan, Afghanistan and Saudi Arabia.
I was surprised to learn that Saudi Arabia's per capita income (supposed
to be nearly as high as Switzerland $28,000 per annum when I was in high
school) has fallen to just as much as that of Chile -- just $12,000 -- about
the same as Malaysia.
Hopefully, a poor Saudi Arabia would not be able to fund terrorism (15
out of the 19 - 9/11 terrorists were from this country) in near
future at all - when it become as poor as Bangladesh or worse - since it does
not allow female education or voting in elcetions.
can we learn from Saudi Arabians who are sitting on their haunches - and
getting poorer despite owning 25% of the world's oil --- whereas Japan grew
without ANY mineral resources to become the second largest world
ecxonomy?
Umesh
Yahoo!
Messenger NEW - crystal clear PC to PC calling
worldwide with voicemail
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