dragonhold24
dragonhold24 t1_jckvtqe wrote
(if ture) Pro-Human Response: Israeli-style desalination plants & Artificial lakes
dragonhold24 t1_izrt486 wrote
Reply to [OC] How profitable is Southwest Airlines? by giteam
Net Profit is only 4.4% of the Revenue
It's fascinating how some of these companies are still running.
dragonhold24 t1_izrrk3v wrote
Reply to comment by Yeti-420-69 in Healthcare Spending and Life Expectancy, by Country by WashingtonPass
At least 70% of people love insurance.
Ask how many refuse to pay 100% out of pocket for a basic checkup or a prescription, yet expects the same insurance to cover emergencies and surgeries ...
dragonhold24 t1_je9pebr wrote
Reply to Eli5 Why is there still a famine in Africa despite the fact that they have been receiving foreign aid for decades? by Illustrious-Pen9569
Unremittent aid kills the entrepreneurial engine by enabling big government and undercutting prices.
>With aid’s help, corruption fosters corruption, nations quickly descend into a vicious cycle of aid. Foreign aid props up corrupt governments – providing them with freely usable cash. These corrupt governments interfere with the rule of law, the establishment of transparent civil institutions and the protection of civil liberties, making both domestic and foreign investment in poor countries unattractive. Greater opacity and fewer investments reduce economic growth, which leads to fewer job opportunities and increasing poverty levels. In response to growing poverty, donors give more aid, which continues the downward spiral of poverty.
>
>This is the vicious cycle of aid. The cycle that chokes off desperately needed investment, instils a culture of dependency, and facilitates rampant and systematic corruption, all with deleterious consequences for growth. The cycle that, in fact, perpetuates underdevelopment, and guarantees economic failure in the poorest aid-dependent countries.
—Dambisa Moyo, Dead Aid