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Your comment shows your understanding of the diamond industry comes from a few articles you read on the internet, like an anti-vaxx person crying foul about vac
by bluedevil2k 5y ago
Your comment shows your understanding of the diamond industry comes from a few articles you read on the internet, like an anti-vaxx person crying foul about vaccines. The facts, about 50% of the diamonds in the world come from Western countries like Australia, Canada and Russia. Another very large percentage come from stable African countries like Botswana and South Africa. There's no child labor in any of these countries, no terrorists, not thousands of dead people, not the terrible working conditions you read 1 article about a few years ago by a writer in the Congo or the Blood Diamond movie with Leo.
Botswana has used the opportunity of being so diamond-rich to require that diamonds be cut/polished in the country, enabling hundreds of their citizens to learn a new high-paying trade. Many countries require the sale of their stones happen inside the country rather than having all the stones immediately shipped off to European trading floors.
The real hypocrisy is people complaining about an industry they really know nothing about.
- EricE 5y agohttps://danwin.com/2010/08/how-de-beers-diamonds-won-over-the-japanese-and-everyone-else/ https://danwin.com/2010/08/how-de-beers-diamonds-won-over-th... You sure you want people to really know about "the industry"?!? I view Debears as industrious as the Casinos. They produce nothing but feelings created by predatory practices at an astonishingly high price.
- bluedevil2k 5y agoYou’re just proving my point further - you provided a link to an article more than a decade old that has links to articles even older than that. I would really like people to learn about the industry because it would cut down on the inane comments in HN stories like this. The fact that you still hold DeBeers accountable shows your lack of knowledge - they don’t advertise any more AND they don’t have a monopoly AND they’re not even the #1 diamond producer any more. “Produce nothing but feelings” — that’s called advertising. Same as Coke, BMW and Tumi.
- literallycancer 5y agoStable countries like South Africa where getting carjacked is not even noteworthy. Good joke.
- bluedevil2k 5y agoSouth Africa - a parliamentary republic with three-tier system of government and an independent judiciary, operating in a parliamentary system. All bodies of the South African government are subject to the rule of the Constitution, which is the Supreme law in South Africa. That sounds more stable than many South American countries, even Russia.
- shard 5y agoThat's very interesting. Do you have any links to some independent reporting regarding this?