Sure is strange how that resource curse seems to mainly happen in countries with a history of colonization and having their natural resources exploited by foreign political classes
There are also some justifiable fears that Australia is becoming a vassal state to China. I suppose one could argue that Australia was a colony (but I’d argue that the US was one too).
Sure is strange how that resource curse seems to mainly happen in countries with a history of colonization and having their natural resources exploited by foreign political classes
Russia was a colonial power, then it found oil.
There are also some justifiable fears that Australia is becoming a vassal state to China. I suppose one could argue that Australia was a colony (but I’d argue that the US was one too).
Just saying, it can happen to any country.