Both Turkey and Malaysia are developed countries with medium-high incomes. They have a diversified economy so they won't starve when oil prices drop.turkey and Malaysia suck lol, I'm sorry but your only way to propensity is incorrect, education and infrastructure is very overrated inshallah we don't fall for the infrastructure trick the UAE faced as it docent actually generate wealth and is a way to lose said wealth, which is why America is the most prosperous country but spends very little in infrastructure and education, as for the oil boom you can even ask guys like Elon that it will take 25 years at the earliest(if they take a hard approach and ban oil car production) for the west to come off oil and thats not even including Africa and Asia which is where a majority of the worlds market will be, and oil is a finite resource thats running out in the world in 20 years most of the world won't have it and well be among the few who do making it even more profitable than it currently isespecially considering we have a 9 million population once you factor out independent Somaliland and there 6 million as @Abdurahman_somali pointed out, (they shouldn't get a slice of the pie), well easily be able to allocate millions to each citizen which can actually spur more wealth through investments not "education" and "infrastructure"
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All of this without oil... Along with billions of $ worth investments from international companies.
What the hell are you even saying? THE USA ALREADY HAS INFRASTRUCTURE, they built highways and other developments like crazy in the 1940s-70s, that's exactly what I'm talking about so thanks for proving my point. So you think spending $13,119 per child on education is "very little"? God you're so clueless it's embarrassing.
I noticed you're horrible at population numbers, Somalia has 15 million people brother a huge difference from Qatar during the boom with faaaaar less "potential" oil. Say inshallah you'll end up at least like Nigeria. You keep talking about oil oil oil so where is this oil? Are you gonna sit and wait for this magical oil to come and make Somalia rich while there's no roads, no decent universities, no ports, no industry, no large-scale agriculture? Please tell me you're shit-posting no way someone can be this retarded.
especially considering we have a 9 million population once you factor out independent Somaliland and there 6 million as
I doubt there even considered developing as for there infrastructure, there houses are cheaper than those in Mogadishu infact reer Mogadishu is buying up Turkish houses when they figured out they go for as low as 40k
compared to 200k in Mogadishu
as for the population I said take out somalilands numbers as there not really governed by fgs and won't get a pice of the pie so my numbers were accurate, for infrastructure, I'm of the mindset that the government shouldn't ever build infrastructure and it should be the private citizens who own and build it up, this is where America found its economic success letting the market take care of it, the period your talking about where they were building roads was bad for the economy and caused inflation
as for Qatar we have more oil, if you check the figures and as I mentioned the oil boom hasn't even came yet as oil was plentiful, in the next 15 years oil will be so scarce since its a finite resource that it will be at its most profitable point
those opec nations sold to soon
agriculture kulaha, wheres saudis agriculture its called comparitive advantage take an Econ class lol, universities
are you still harping on that overrated education point?

in this circumstance we better hope Ethiopia is peaceful until we can secure our border properly and not let any of them in