You can definitely get rich on your own, Asians depend on the west because they make manufactured goods which are consumed by the west. Highly demanded raw materials for example are harder to “embargo” due to their competitive and even difficult to monitor and regulate. Iran sells oil to South KoreaAnybody that thinks the west is declining is dreaming. Every wealthy country today is a close American ally, including basically all of Europe, and every developed Asian country. You don't get rich and powerful without abo Americas approval.
The seas belong to the dominant power, if your in it’s good graces you can trade, if not you your effectively a pariahAnybody that thinks the west is declining is dreaming. Every wealthy country today is a close American ally, including basically all of Europe, and every developed Asian country. You don't get rich and powerful without abo Americas approval.
Yet Iran is a poor country thats sanctioned to hell and back. Raw materials like oil, and lithium are meaningless when it comes to becoming wealthy. Otherwise the Nigeria would be developed, and the DRC would be filthy rich from exporting Cobalt for batteries.You can definitely get rich on your own, Asians depend on the west because they make manufactured goods which are consumed by the west. Highly demanded raw materials for example are harder to “embargo” due to their competitive and even difficult to monitor and regulate. Iran sells oil to South Korea
I agree. Today the United States represents over 60% of all war naval tonnage on earth. Their nuclear powered aircraft carriers alone add up to more than all of China's naval tonnage. The global seas are America's playground wlh.The seas belong to the dominant power, if your in it’s good graces you can trade, if not you your effectively a pariah
Overland trade is much more difficult to regulate
Iran is a mountainous country that’s cut off from itself and the world, DPRK and DRC are also far and cut off from the world even without sanctions, SK advantage over DPRK is the seas are open for one and it’s closed for the other, also each country has its nuanced situationYet Iran is a poor country thats sanctioned to hell and back. Raw materials like oil, and lithium are meaningless when it comes to becoming wealthy. Otherwise the Nigeria would be developed, and the DRC would be filthy rich from exporting Cobalt for batteries.
Remember most of the profit is made by adding value & selling finished goods. A country that just exports Iron ore is poor, the country that takes that Iron ore and makes ships, and cars is rich.
At the end of the day if a country has competent leadership, and the correct economic policies it will do well for itself. Having natural resources does more to hinder a country's economic development than help it because it makes leadership complacent. Instead of investing in other industries, they spend all their money on extracting more of the same resources. When you have no natural resources on the other hand, you have nothing to fall back on, you need economic development.Iran is a mountainous country that’s cut off from itself and the world, DPRK and DRC are also far and cut off from the world even without sanctions, SK advantage over DPRK is the seas are open for one and it’s closed for the other, also each country has its nuanced situation
Your right manufacturing does generate more profits but raw resources is usually where the capital to establish manufacturing is generated in a nascent economy
Everything declines after its peakAnybody that thinks the west is declining is dreaming. Every wealthy country today is a close American ally, including basically all of Europe, and every developed Asian country. You don't get rich and powerful without abo Americas approval.