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No, your logic of selling resources to the highest bidder doesn't work for basic necessities like food, water, energy and healthcare, especially not during an e
by ChuckNorris89 4y ago
No, your logic of selling resources to the highest bidder doesn't work for basic necessities like food, water, energy and healthcare, especially not during an energy shortage. That's why @t0bia_s is so pissed about. It works for commodities or non critical resources not in short supply locally like in Australia's mining industry but not for resources your citizens need to survive.
What you're advocating for is economic colonialism where the rich countries can just buy everything they want and the poor ones are forced to sell while starving their people.
"Sorry Ghana, no drinking water for you anymore as Nestle, the US and Switzerland are willing to pay more for it. But you can use the money you get to buy bottled water back from us."
The unified EU energy market has been a disaster for the consumers in energy stable poor countries who saw massive price increases as they were forced to sell energy to higher bidders suffering a shortage, like Germany, with the profits going to the private energy companies instead of the governments. It's basically privatizing the winnings and socializing the losses.