Should a Great Nation Have Great Wealth or Great Debt?

Wednesday, April 30th, 2008

Recently the CIA World Factbook on national account balances was dugg up and after reading this recent article about China’s accomplishments with regards to the 2008 Olympics in Beijing. It really struck home how nations with great wealth have the resources to ‘do’ things while nations with great debt (like many African nations) are strangled by their debtors.

To be sure, China is no shining example of freedom or the magnificent use of such resources but if they will it, they can achieve it. Surely having almost 1/2 trillion ‘in the bank’ cant be a bad thing.

Top 10 Account Balances:

top 10 account balances 2007

Bottom 10 Account Balances:

top 10 account balances 2007

Welcome to the new QuaziMoto

Tuesday, April 29th, 2008

its been practically 10 years since I first started this website and back in the day (and maybe even now) postnuke was all the rage. I dont think i ever even upgraded from that first version that I installed and ran so well for me but times have changed and theres more on my mind so I thought this to be a good time to rebuild this website.

Thanks for stopping by and come back soon!