shuss1

Iceland v Somalia

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shuss1   

Let's look at the island country of Iceland.

Iceland is small but very rich.

How did it become very rich. Their GDP per capita will hit 90,000 USD in 2026 v 638 USD for Somalia. (https://www.imf.org/en/Publications...cc=0&ssd=1&ssc=0&sic=0&sort=country&ds=.&br=1)

What does Iceland export? It exports fish! It's economy is mainly fish exports (USD1.1 billion in 2022) and tourism.

Yet Somalia allows it's fish to be plundered and loses USD 600 million in potential earning. ($6bn every 10 years). Enough to pave for desalination plants, roads, hospitals, schools and solar power plants.

Instead they rely on crumbs given to them in foreign aid and ngos.

Are Somalis retarded?

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