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Page added on February 19, 2020
Arabs should welcome a future with less oil wealth
A new report from the International Monetary Fund warns that, by 2034, declining oil demand could gnaw away the $2 trillion in financial wealth amassed by the members of the Gulf Cooperation Council. Unless they act quickly to reform their hydrocarbon-dependent economies, these countries, which collectively account for a fifth of the world’s crude production, will become net debtors.
Inevitably, the report has led to predictions that the evaporation of Arab oil wealth will bode ill for economic development and political stability in an already troubled region. Beyond the GCC, low oil prices would hamper the progress of populous, but still under-developed, oil-rich Arab countries—Iraq and Algeria—that must reorganize their economies and societies toward productive sectors without the cushion of wealth salted away during the boom years.
But declining oil prices and the dwindling of cash reserves are not necessarily bad news for the political economy of the Arab region as a whole.
To start with, the overwhelming majority of the Arab people do not live in oil-rich countries. The most populous Arab countries are for the most part oil-poor. Many are net energy importers, with relatively diversified economic structures and external sectors. These include Egypt, Morocco, Tunisia, Jordan, Lebanon and war-torn Syria. For these countries, lower oil prices would lower the costs of their production and improve their balance-of-payments positions.
The decline in oil wealth would reinforce the incentives to diversify away from GCC-dependency by countries like Egypt, Jordan and Lebanon, which have long relied on recycled oil rents—through workers’ remittances, aid and credit from the oil-rich member states. Lower oil prices may actually improve the longer-term prospects of redefining the position of the most populous Arab countries in the global division of labor.
Countries like Egypt, Morocco, Tunisia and Jordan already possess diversified export structures, with non-oil goods constituting the bulk of what they export. They have also developed strong trade, investment and tourism connections with powerful partners in the European Union and the U.S. For Morocco and Tunisia, lower oil prices would boost their position as energy importers and as exporters of manufactured goods.
Conversely, the outlook for Egypt is significantly tougher given its dense ties with the GCC. But, the overall share of oil-related rents in the country’s GDP, including remittances and foreign aid (predominantly from the GCC), has been constantly declining since the 1990s.
There is near consensus in the literature on the Arab world that oil wealth has been associated with less democracy and more conflict and repression. This does not mean that all conflict can be traced back to oil wealth, but it has played a central role in deepening and prolonging hostilities. Hydrocarbon wealth since the oil shock of 1973 has been associated with higher intensity of conflict around the Persian Gulf, with ramifications for the wider Arab world. Three Gulf wars and the ongoing tensions between Iran and an alliance of the U.S. and several Arab countries attest to this fact. Beyond the Gulf region, oil rents have often been often used to fuel arms races and civil conflict through the sponsorship of local militias along ethno-sectarian lines. Hence, lower oil prices in the long term may weaken the financial resource-base for fueling conflict in MENA, whether directly or by proxy.
Since 2011, oil riches have been used instrumentally to shape the outcomes of post-Arab Spring political processes across the region. Oil-rich governments have supported non-democratic forces, be they Islamist or non-Islamist, Sunni or Shia, creating prolonged and internationalized civil conflicts. In Syria, for instance, Iran threw its weight behind the regime of Bashar al-Assad. Elsewhere, the GCC monarchies used their money power against people-power movements by backing autocrats. It may not be a coincidence that the only success story of a post-Arab Spring transition to democracy is Tunisia, which is not only oil-poor but also too small to draw much attention from oil-rich states.
Less access to easy money could curb ongoing conflicts, or at least make them less intense. It’s worth remembering that the end of the Iraq-Iran war in the 1980s was hastened by the oil glut of 1986 and the subsequent decline in revenues for the two belligerents and their regional sponsors.
Civil conflicts are more complicated than international ones, and will likely linger even with declining oil rents, as they have done since 2014 in Syria, Libya and Yemen. Still, the availability of fewer resources may hasten the conclusion of these conflicts—or at least limit their scope and intensity.
For much of the Arab world, and especially in the counties where hydrocarbon revenues have long represented a curse, the decline in oil wealth described in the IMF report might yet be a blessing in disguise. –Bloomberg
104 Comments on "Arabs should welcome a future with less oil wealth"
Davy on Fri, 21st Feb 2020 9:15 pm
I am feeling depressed with stupidcidal sock thoughts so I may quit posting soon.
I AM THE MOB on Sat, 22nd Feb 2020 2:49 am
Mak
So much for China’s rise! There is rumor now they are headed for a huge financial crisis because of this. LOL
That minksy moment will be here soon!
LOL
I AM THE MOB on Sat, 22nd Feb 2020 2:52 am
China Car Sales Slump 92% in First Half of February on Virus
https://www.bloomberg.com/news/articles/2020-02-21/china-car-sales-tumble-92-in-first-half-of-february-on-virus
Abraham van Helsing on Sat, 22nd Feb 2020 3:00 am
So much for China’s rise! There is rumor now they are headed for a huge financial crisis because of this. LOL
That minksy moment will be here soon!
LOL
A truly satanic race, our kikes. Gloating about other man’s misery.
Davy on Sat, 22nd Feb 2020 4:27 am
“LOL A truly satanic race, our kikes. Gloating about other man’s misery.”
A what do you think you Anglo derangement is? You constantly gloat over anything Anglo bad.
Abraham van Helsing on Sat, 22nd Feb 2020 4:40 am
Empire dave comes to the defense of his masters.
Good goy!
“You constantly gloat over anything Anglo bad.”
I don’t gloat, I predict.
In fact by inviting our North-American brothers to become European again, I prove that my pro-Anglo benevolence knows no bounds, where a good spanking would be more suited, considering the disastrous Anglo actions in the 20th century against global white interests, which includes Anglo-white interests.
Admit it, you fucked up big time and you force Greater Europeans to clean up the (((mess))).
We will.
Now go lay under you bed and learn by heart how “hands up!” sounds in German, French and Russian.
Davy on Sat, 22nd Feb 2020 4:52 am
“Empire dave comes to the defense of his masters.” “Good goy!” “You constantly gloat over anything Anglo bad.” “I don’t gloat, I predict.”
Cloggo, I moderate hypocrisy and that is what that statement was.
“In fact by inviting our North-American brothers to become European again, I prove that my pro-Anglo benevolence knows no bounds, where a good spanking would be more suited, considering the disastrous Anglo actions in the 20th century against global white interests, which includes Anglo-white interests.”
Way What? Like the kids say. You are upset you got your ass kicked last century and now all you do is try to even out with hate and resentment combined with fantasy and lies.
“Admit it, you fucked up big time and you force Greater Europeans to clean up the (((mess))). We will.”
AH, cloggo, humans fucked up and that is mostly following European way of life to its end point of subjugating nature and other cultures for more and more affluence. That is our legacy as Eurotards, cloggo. Now, from an individual point of view nobody is really guilty. All of us did not ask to be born into this but at this point we can get honest and make arrangements for a really painful future of consequences. Then there are fools like you pasting techno fantasy and political puke that ensures there will be conflict.
“Now go lay under you bed and learn by heart how “hands up!” sounds in German, French and Russian.”
Cloggo, lay in bed and pretend all the things I told you would happen don’t. Reality is finally hit you in the head with a 2×4. Makato1 and juanPee likewise. Look at makato denying his AsiaUp is going down. juanPee is a lunatic doesn’t know or care what is happening he just wants to troll. Idaho I a blind lying liberal preaching hate and lies. Mobster is an anti-fa wannabe as that movement’s lies are fully exposed. On and On. This forum is a mess and that is why I like being here. I moderate you fucks. You are one of the fucks, cloggo!
Davy on Sat, 22nd Feb 2020 4:57 am
Oops, cloggo’s dream company having issues.
“Airbus defense division plans to cut more than 2,300 jobs”
https://tinyurl.com/s37ajdu reuters
“The defense business of Airbus (AIR.PA) on Wednesday laid out plans to cut more than 2,300 jobs, citing a flat space market and postponed defense contracts…Recurring technical problems with the A400M led the German air force to refuse delivery of two of the aircraft last autumn. The group has also taken a 1.2 billion euro ($1.3 billion) charge on the worsening sales outlook, with a German ban on defense exports to Saudi Arabia causing Airbus Defense and Space to lose a promising potential customer, Dirk Hoke said. Airbus Defense and Space, formed in 2014 as part of a broader restructuring, employs 34,000 staff – 13,000 of them in Germany – and contributes around a fifth of revenues to parent group Airbus.”
Davy on Sat, 22nd Feb 2020 4:59 am
“Coronavirus to cost airlines more than $29 billion in revenue this year”
https://tinyurl.com/rt4hu5u cnbc
Abraham van Helsing on Sat, 22nd Feb 2020 5:35 am
“Way What? Like the kids say. You are upset you got your ass kicked last century and now all you do is try to even out with hate and resentment combined with fantasy and lies.”
It goes way further than lust for revenge. We are talking about nothing less than white survival here, including your sorry white Anglo ass.
Empire dave keeps gloating about how the US “kicked Europe’s ass” (they did) and now he expects any else from me than an “Anglo derangement syndrome”. Why the fuck should I admire an empire that implies our demise, because it is run by a bunch of kikes that plan for nothing else than white demise?!
Fortunately, in 2020, the kikes kicked US white ass far worse than Europe’s white ass…
https://i.pinimg.com/originals/71/29/64/7129645d3fe918131e0d7ba7f18b8c1e.jpg
(Detroit is the worst but many other big US cities are not very far behind in third world decay). [insert gloating, howling nahtzi laughter here]
…provided Europe a window of escape and “tunnel” towards Russia, enabled by Brexit and notorious anti-white fools like little joe esquire, who has yet to comprehend that he is being set up for WW3, at the receiving end, mind you.
Davy on Sat, 22nd Feb 2020 5:52 am
“Way What? Like the kids say. You are upset you got your ass kicked last century and now all you do is try to even out with hate and resentment combined with fantasy and lies.” “It goes way further than lust for revenge. We are talking about nothing less than white survival here, including your sorry white Anglo ass.”
LOL, spare me the drama you white racist whinner. Get a friggin backbone. Instead you lay around and post 20/7 on an obscure blog like you are some revolutionary.
“Empire dave keeps gloating about how the US “kicked Europe’s ass” (they did) and now he expects any else from me than an “Anglo derangement syndrome”. Why the fuck should I admire an empire that implies our demise, because it is run by a bunch of kikes that plan for nothing else than white demise?!”
Cloggo, please Eurotard land is part of the empire that is the western world. It is interconnected and one. You try very hard to turn it into a we against them but your fantasy fails constantly.
“Fortunately, in 2020, the kikes kicked US white ass far worse than Europe’s white ass…”
Cloggo, Jews have power in the US lick multiple other groups. They are focused into certain areas. I am not a fan of Jews but I do not have Jew derangement. You are so screwed up with Anglo and Jew derangement your whole narrative constantly falls on its face. You pick up and keep going with the fantasy how I don’t know.
“(Detroit is the worst but many other big US cities are not very far behind in third world decay). [insert gloating, howling nahtzi laughter here]”
Cloggo, all American inner cities have decay but the also have rebirth. That is hhow the US works. You being an Anglo deranged dumb dutch guy you have no clue how the US works. You cherry pick the worst and exclude best practices. You are a fraud and a liar.
“…provided Europe a window of escape and “tunnel” towards Russia, enabled by Brexit and notorious anti-white fools like little joe esquire, who has yet to comprehend that he is being set up for WW3, at the receiving end, mind you.”
Lol, It is always Russia that is going to save you ass. Russia has an economy the size of Italy and you expect them to save your ass. Your Eurotard golden decade did not happen according to plan did it cloggo??? LOL. You are the biggest failure here along with makato1 and the lunatic juanPee.
This is Trolling on Sat, 22nd Feb 2020 9:08 am
“You are the biggest failure here along with makato1 and the lunatic juanPee”
Do not feed the troll.
Duncan Idaho on Sat, 22nd Feb 2020 9:40 am
‘nobody ever went broke underestimating the intelligence of the American people’
—H L Mencken
This is Trolling on Sat, 22nd Feb 2020 10:10 am
You are the biggest failure here JuanPee along with makato1 and annoymouse. We should not feed you but unfortunately you don’t need to be fed you are a cancer.
I AM THE MOB on Sun, 23rd Feb 2020 12:35 am
The socialist are rising!
First Ireland, then India, next America.
Left wing populism is here. The real deal. Not the fake populism sponsored by Russia
Abraham van Helsing on Sun, 23rd Feb 2020 2:04 am
“Bernie Sanders wins Nevada caucuses, CNN projects”
https://edition.cnn.com/2020/02/22/politics/democratic-caucuses-nevada/index.html
Lenin 47%
Sniffer 19%
Buttplug 15%
Pocahontas 10%
Abraham van Helsing on Sun, 23rd Feb 2020 2:12 am
“BERNIE SANDERS TO WIN NEVADA CAUCUS AS DEMOCRAT ESTABLISHMENT MELTS DOWN
A Sanders nomination would doom the party, whines the mainstream media”
https://www.infowars.com/bernie-sanders-to-win-nevada-caucus-as-democrat-establishment-melts-down/
Chris Matthews suggests Democratic establishment better off with four more years of Trump than Sanders movement reshaping party.
https://en.wikipedia.org/wiki/Chris_Matthews
Sanders already announced he will fight white nationalism head on. Nice opportunity to finally break up the republic, not a minute too early.
https://thehill.com/homenews/campaign/457841-bernie-sanders-vows-to-go-to-war-with-white-nationalism-and-racism-as
“Bernie Sanders vows to go to ‘war with white nationalism and racism’ as president”
Go for it Bernie! Oh and China will get Down-Under and PBM the Heartland=Mississippi River Basin as a result of that fight:
https://commons.wikimedia.org/wiki/File:Mississippirivermapnew.jpg
Abraham van Helsing on Sun, 23rd Feb 2020 2:33 am
Nevada, in Europa associated with “Wild West”, huge cactuses, bare rocks and “High Noon”, the reality in 2020 is very different:
https://en.wikipedia.org/wiki/Nevada#Demographics
Mestizo: 51%
Euro: 17%
African: 9%
Asian: 8%
Eskimo: 0.0001%
Manifest Destiny in reverse gear:
https://tinyurl.com/qrpepvq
The non-whites prefer the anti-white jew Sanders over the white candidates. No surprises here.
Mobster crew beating empire dave. American whitey is going down like a B737 Mad Max, which is extremely good news for Europe, that can finally escape from empire and Anglo-Zionism in general. We’ll pick up the pieces of white America “After The Break”.
Essential CW2 vocabulary:
“Hands up!”
Francais: “Levez les mains!”
Deutsch: “Hände hoch!”
Russki: “Поднимите руки!”
I AM THE MOB on Mon, 24th Feb 2020 4:56 am
Clogg
Civil war? Where would the front lines be? How would the world economy continue?
You are a total schizo. But I think your funny. I don’t deny when the US collapses shit could hit fans. But I dont think wars from 300 years ago are relevant anymore. The US is too large and the media is too powerful and we can still print, baby, print.
Mark my words. If we fall. All you fuckers will break our fall.
Abraham van Helsing on Mon, 24th Feb 2020 5:35 am
Civil war? Where would the front lines be?
Not all over America, but in diverse areas:
Virginia:
https://youtu.be/vTDyeQic_Ow
Berkeley:
https://youtu.be/L7on-BcK-54
“How would the world economy continue?”
F* the world economy!
JuanP on Mon, 24th Feb 2020 5:40 am
Civil war? Where would the front lines be?
Not all over America, Europe, and the world, but in diverse areas:
China, Europe, and the US
F* the world economy!
Abraham van Helsing on Mon, 24th Feb 2020 5:42 am
“The US is too large”
The USSR was twice as large and fell apart regardless in 15 pieces. The US will fall apart in less than 15 pieces: SW, Heartland, black SE, NYC greater Israel, mongrel East coast. Perhaps libtard NW and New England.
“and the media is too powerful”
You mean the media, ridiculed 24/7 by Donnie and bypassed by the internet, the very media you are reading NOW? Those “powerful media”? LOL
“and we can still print, baby, print.”
Not for much longer. Corona and a flat world economy and global financial collapse could provide the window of opportunity for Eurasia to finally kill the dollar in Eurasia.
Davy on Mon, 24th Feb 2020 5:46 am
“Brussels Bureaucrats Ably Visualize The EU’s Decline”
https://tinyurl.com/yx3vlojb unz
“The European Commission’s in-house think tank has produced an interesting report on “European common goods” which has a wealth of infographics highlighting the various ways the European Union is declining: the rise China, the rise of euroskeptic populism, weak militaries, poor quality migrants, and weakness on R&D and tech… The report’s authors speak of the “polycrisis” (financial, debt, and migrant crises), “megatrends,” and supposed “reinvention” the EU has experienced in recent years… but really the document is very frank in highlighting the downward slope Europe is facing… Geopolitically, Europe today is much like France in nineteenth and early twentieth centuries: significant, but only by living at the expense of the past achievements and millennia of capital (cultural, biological…) accumulated by better generations, and thus steadily declining.”
Davy on Mon, 24th Feb 2020 5:51 am
“The US is too large” The USSR was twice as large and fell apart regardless in 15 pieces. The US will fall apart in less than 15 pieces: SW, Heartland, black SE, NYC greater Israel, mongrel East coast. Perhaps libtard NW and New England.”
We will follow you cloggo and you will Balkanize into 50 pieces
“and the media is too powerful” “You mean the media, ridiculed 24/7 by Donnie and bypassed by the internet, the very media you are reading NOW? Those “powerful media”? LOL”
I agree with you cloggo
“and we can still print, baby, print.” “Not for much longer. Corona and a flat world economy and global financial collapse could provide the window of opportunity for Eurasia to finally kill the dollar in Eurasia.”
All economies are doing this and will continue to do it because there is no other option. China is going full tilt at it as we speak. The Yuan is toast but the cloggo has no clue
Davy on Mon, 24th Feb 2020 5:51 am
““and the media is too powerful”
You mean the media, ridiculed 24/7 by Donnie and bypassed by the internet, the very media you are reading NOW? Those “powerful media”? LOL”
The cloggo makes a good point MOB.
We are so screwed.
JuanP on Mon, 24th Feb 2020 5:52 am
““and the media is too powerful”
The cloggo makes a good point MOB. My mindless views on the world are so screwed.
Davy on Mon, 24th Feb 2020 6:00 am
“Watch Live: WHO Says It Has Discovered ‘No Major Mutations’ In Virus Genome”
https://tinyurl.com/tjtsaah zero hedge
“No mutations have been discovered in any of the more than 100 patients whose virus samples were subjected to genome sequencing.
Average age is 51 years, age range primarily 30-59 years old, 70% of cases from Hubei
Bat is the host, and pangolin might be one of the ‘intermediate host’ – but research is ongoing.
There is risk of fecal-oral transmission, but this is not the major way of transmission in China – once again research is ongoing
Cluster cases observed in two provinces were mostly observed in families
That ‘secondary infections’ mostly occurred in families, not communities, shows ‘effectiveness’ of China’s approach
Virus is a new pathogen that is age indifferent; public is ‘universally suspectible’
Most early cases had association with seafood market where zoonomic transmission first occurred
Decline of new confirmed cases and onsets since lockdown began”
Abraham van Helsing on Mon, 24th Feb 2020 6:01 am
Before 1950 “Europe” didn’t exist as a political entity, but since then it has been a steady upward trajectory, installing a single market, inward open borders, euro, parliament, presidency, aerospace industry. The last missing item on the EU to do list: integrated European military and increased budget from 1% currently to, say 10-20% EU gdp in the first half of the 21st century.
Worst enemies white race:
1. jews
2. English
3. clueless Americans, but they are less anti-European than 1 and 2, only dumber
Thank God, the English auto-deported themselves from the white world into Globalistan. Now the EU can team up with Russia.
Yes it is true that Europe (and America) is receding in regards to the rest of the world. But Europe, as a replacement of national states, is very well ascending and together with Russia can contain China and supersede America, after the $.
Davy on Mon, 24th Feb 2020 6:22 am
LOL, makato1 and the JuanPee wacko say the virus is nothing. The flu is worse. Read this article in its entirety and ask yourself if makato1 and wacko juanPee are full of shit.
“When Will We Admit Covid-19 Is Unstoppable and Global Depression Is Inevitable?”
https://tinyurl.com/uqmgfna Charles hugh smith
If we asked a panel of epidemiologists to imagine a virus optimized for rapid spread globally and high lethality, they’d likely include these characteristics:…As you probably know by now, these are all characteristics of Covid-19, and this is why it is unstoppable…If we asked a panel of business executives to imagine a global system optimized for vulnerability to external shocks, they’d likely include these characteristics: These are precisely the characteristics of our precarious global economy, dependent on rising debt, vast speculative bubbles, vulnerable supply chains and marginal consumers and producers…As noted here before, it doesn’t take much to break a system dependent on ever-rising debt and speculation. This chart illustrates the dynamic: when debt loads, speculative bets and expenses are all at nosebleed levels, the slightest decline triggers collapse.
Put another way: the global system has been stripped of redundancy and buffers. A little push is all that’s needed to send it over the edge.”
JuanP on Mon, 24th Feb 2020 6:24 am
“Watch Live: WHO Says It Has Discovered ‘No Major Mutations’ In Virus Genome”
https://tinyurl.com/tjtsaah zero hedge
LOL, the above posting under Davy’s handle just shows how I will believe MSM BS when it suits my agenda. I can’t think for myself because I am not smart enough
Davy on Mon, 24th Feb 2020 6:26 am
“Worst enemies white race:”
the cloggo doesn’t realize his white races has bigger problems with the virus currently than jews and Anglos. He is another wacko like juanPee and makato1
JuanP on Mon, 24th Feb 2020 6:46 am
My depression is red lining so leave me alone please
I AM THE MOB on Mon, 24th Feb 2020 10:44 am
UK to ban neo-Nazi Division as a terrorist group
https://www.theguardian.com/uk-news/2020/feb/24/uk-ban-neo-nazi-sonnenkrieg-division-terrorist-group
Davy on Mon, 24th Feb 2020 10:59 am
My aggression is red lining so leave me alone please.
JuanP on Mon, 24th Feb 2020 11:11 am
My aggression is red lining so leave me alone please.
REAL Green on Mon, 24th Feb 2020 11:19 am
We don’t need to be so depressed juanpee. The virus isn’t a pandemic yet. The shack didn’t collapse and we still have are goats to talk with. We need to lurn how to be happy with what we got and not be so jealous of what other people have or how much smarter they are.
I AM THE MOB on Mon, 24th Feb 2020 11:49 am
Car drives into carnival crowd in German town
https://www.bbc.com/news/world-europe-51619353
Europe is a total basket case. And ripe for the picking. Just like after WW1.
They never get tired of being our “useful idiot”..
And deep down clogg, you know its true.
JuanP on Mon, 24th Feb 2020 12:15 pm
We don’t need to be so depressed juanpee. The virus isn’t a pandemic yet. The shack didn’t collapse and we still have our hamsters to talk with. We need to lurn how to be happy with what we got and not be so jealous of what other people have or how much smarter they are.
Duncan Idaho on Mon, 24th Feb 2020 12:23 pm
Dow 30
27,998.57
-993.84(-3.43%)
The good news is we are not 1000 down
https://i1.wp.com/digbysblog.net/wp-content/uploads/2020/02/Donald-Trump-and-the-Markets1.png?resize=1024%2C553&ssl=1
Richard Guunette on Mon, 24th Feb 2020 12:24 pm
JuanP, you are a little bit retarded after so many years of mindless ID theft. Your mindless Davy ID thefts with obviously not Davy comments, could be a little more creative and believable. LOL. Yet, being a low IQ high school drop out it is to be expected. You are obviously not the sharpest tool in the tool box. Double LOL.
JuanP on Mon, 24th Feb 2020 12:28 pm
Mak and I want you to know that the flue is the real world killer and not to worry about this China virus. Mak and I know because we are the smartest people on this forum.
China Cancels Top Political Meeting As Virus Crisis Worsens
China announced Monday it had canceled the biggest political event of the year, the National People’s Congress (NPC), slated for March 5, as the Covid-19 outbreak continues to worsen, reported The Washington Post. The cancellation suggests the virus outbreak continues to worsen with more than 77,000 confirmed cases and nearly 2,500 deaths across mainland China. As we’ve explained before, the real numbers are much higher.
JuanP on Mon, 24th Feb 2020 12:49 pm
Oops, I spelt flu rong cuase I am stoopid
Abraham van Helsing on Mon, 24th Feb 2020 12:58 pm
Car drives into carnival crowd in German town
https://www.bbc.com/news/world-europe-51619353
Europe is a total basket case.
Why? Because a white drugged psychiatric patient drives into a crowd to have his 15 minute claim to fame? In the US we have constant shootings, so according to your own standards the US itself would be a “basketcase”.
Have meanwhile arrived at my Black Sea resort and begun to read this:
https://www.bol.com/nl/p/de-architecten-van-asml/9200000078874486/?bltgh=pazYpKpNypc-YUiyurdBeQ.1_4.5.ProductImage
What is currently happening in my hometown is beating anything on the planet today in terms of high-tech. If the Dutch government or the EU would forbid to sell these machines…
https://youtu.be/jL3TYXr52BY
…to slow-lane folks like Americans or Asians, said Americans and Asians would fall back to agrarian societies in a decade or two, since these 200 million machines have a life span of 7 years, of which ASML has a de facto monopoly.
Europe basket case? LOL
Europe was always #1 and will always be #1
https://documents1940.wordpress.com/2017/09/26/origin-scientific-accomplishments/
And deep in your hating kosher heart you know this to be true.
Now on your knees and kiss my ring.
The Board on Mon, 24th Feb 2020 1:20 pm
D.davy, you are a little bit retarded after so many years of mindless ID theft. Your mindless JuanP, mak, Richard, Anon etc etc etc ID thefts are obviously not REAL comments, and could be a little more creative and believable. LOL. Yet, being a low IQ high school drop out it is to be expected. You are obviously not the sharpest tool in the tool box. Double LOL.
Duncan Idaho on Mon, 24th Feb 2020 1:27 pm
The Fat Boy crashed and bankrupted a casino.
This is the norm for him.
Abraham van Helsing on Mon, 24th Feb 2020 1:40 pm
“The Fat Boy crashed and bankrupted a casino.
This is the norm for him.”
Here the Dutch introduction of the Netherlands to D.J. Trump. Went viral with 27 million views and copied by 50 countries, of which none came even close to the original:
https://youtu.be/ELD2AwFN9Nc
The Trump voice impersonation was done by an American jew Greg Shapiro, no surprises here:
https://youtu.be/TQG0t2W-18Y
Reactions of American kids to the stunt:
https://youtu.be/dImfHWFuoug
Truth Buster on Mon, 24th Feb 2020 1:42 pm
juanPee, you are a little bit retarded after so many years of mindless ID theft. Your mindless Davy, mak, Richard, Anon etc etc etc ID thefts are obviously not REAL comments, and could be a little more creative and believable. LOL. Yet, being a low IQ high school drop out it is to be expected. You are obviously not the sharpest tool in the tool box. Double LOL.
JuanP on Mon, 24th Feb 2020 1:44 pm
“The Fat Boy crashed and bankrupted…”
Duncan, I bet you never worked a day in your life let alone owned a business.
More Davy ID theft on Mon, 24th Feb 2020 2:01 pm
Davy on Mon, 24th Feb 2020 1:44 pm
Davy obv.
Davy on Mon, 24th Feb 2020 3:45 pm
We don’t need to be so depressed REAL Green. The virus isn’t a pandemic yet. The shack didn’t collapse and we still have our goats to talk with. We need to lurn how to be happy with what we got and not be so jealous of what other people have or how much smarter they are.