For all those counting on Arab irrelevance after the rule of OIL - Comment - Israel News | Haaretz Daily Newspaper
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    • Mark B. / Amsterdam-EU
    • 19.09.10 | 23:51 (IST)

    There is a rat. History shows that countries depending on easy money from natural resources have the smallest to none progress when it comes to technological innovation, dynamic economy, in short: developement. All acknowledged economic miracles are done by countries without natural resources after 1945: Germany, Japan, South-Korea, Taiwan, Singapore as main examples. Arabs are not capable of that? Well, they are in the same family as Jews (nephews), so there might be a sleeping gen now waiting to be awakened. Just kidding of course...

    from the article: Israel bids to end global oil dependency by 2020
    First published 01:49 19.09.10 | Last updated 01:49 19.09.10
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