Message from @Indigo

Discord ID: 671865909903753216


2020-01-28 23:48:34 UTC  

I am not blaming colonialism for present day problems

2020-01-28 23:48:49 UTC  

you where a while ago

2020-01-28 23:48:49 UTC  

Recent signs, however, are encouraging. As of March 1998, Cameroon's fifth IMF program — a 3-year enhanced structural adjustment program approved in August 1997 — is on track. Cameroon has rescheduled its Paris Club debt at favorable terms. GDP has grown by about 5% a year beginning in 1995. There is cautious optimism that Cameroon is emerging from its long period of economic hardship.

2020-01-28 23:48:54 UTC  

Thank you capitalism

2020-01-28 23:49:36 UTC  

*Nobody gets to be reeling from socialism any more than one gets to reel from evil whitey colonizer.*

2020-01-28 23:50:00 UTC  

Yeah both are just as dumb an excuse.

2020-01-28 23:50:07 UTC  

Was my point.

2020-01-28 23:50:34 UTC  

The countries you mentioned, improved as much as they tried capitalism

2020-01-28 23:50:41 UTC  

Looks like the big problem was France

2020-01-28 23:50:49 UTC  

They looted a lot of their money

2020-01-28 23:50:56 UTC  

Still, they're doing better now

2020-01-28 23:51:23 UTC  

France, why do you do these things?

2020-01-28 23:51:34 UTC  

Almost everyone is doing better now. But the crises of the transitions must belong to the new system.

2020-01-28 23:53:26 UTC  

Armed revolutions are the worst way to do it course.

2020-01-28 23:53:36 UTC  

Ah Google explains all

2020-01-28 23:53:52 UTC  

They're a dictatorship which is looting their people with the help of France

2020-01-28 23:54:03 UTC  

That does tend to make capitalism more difficult

2020-01-28 23:54:06 UTC  

Yes and that's also capitalist.

2020-01-28 23:54:11 UTC  

Capitalism plus democracy is best

2020-01-28 23:55:15 UTC  

There is a lot of problems african countries need to solve.

2020-01-28 23:55:40 UTC  

This digressed magnificently.

2020-01-28 23:56:14 UTC  

capitalism worked as much as they tried it.

2020-01-28 23:57:08 UTC  

India got burned economically when they tried socialism

2020-01-28 23:57:38 UTC  

Sure. No point going in circles. My only intent was to represent things closer to how they were than to the idealised vision of how it must have been.

2020-01-28 23:58:00 UTC  

People went to work. People worked. Stuff was produced and consumed.

2020-01-28 23:58:04 UTC  

Google says this

2020-01-28 23:58:07 UTC  

Cameroon’s economic freedom score fell by 2.4 places to 51.8, ranking it 150th on the 2017 Index, placing it in the ‘mostly unfree’ band. This performance reflects a decline in labour freedom, business freedom, an increased bureaucratic inertia and trade freedom. Despite an improvement in property rights, there have been restrictions transferring money into/out of the country. Cameroon is ranked 34th out of 46 countries in the Sub-Saharan Africa region, and its overall score is lower than the regional average.

2020-01-28 23:58:36 UTC  

It has lower economic freedom than average

2020-01-28 23:58:47 UTC  

So, the government seems to be more nationalistic than capitalists

2020-01-28 23:59:06 UTC  

And Google suggests that many are suggesting more free trade and such would boost their economy

2020-01-28 23:59:43 UTC  

Okay if you restrict capitalism to only mean functional countries then only functional countries will be capitalist. That's a tautology.

2020-01-28 23:59:55 UTC  

No, I am not restricting it like that

2020-01-29 00:00:09 UTC  

I mean, part of their problem is that they have rules and regulations preventing capitalism

2020-01-29 00:00:18 UTC  

They're doing better than socialist nations

2020-01-29 00:00:35 UTC  

But they don't have a strong commitment to capitalism which is reducing their income

2020-01-29 00:00:54 UTC  

It notes say it's hard to move money into the nation

2020-01-29 00:01:03 UTC  

So foreigners can't invest easily in the country

2020-01-29 00:01:11 UTC  

Or trade with it

2020-01-29 00:01:46 UTC  

also heavy functional regulations against starting businesses

2020-01-29 00:02:39 UTC  

Okay so? Guys come on. This conversation started as a very narrow comment about an exaggeration that detracted from taking the overall point seriously.