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Why Are Arab Princes And Royal Families So Rich? - Culture (6) - Nairaland

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Re: Why Are Arab Princes And Royal Families So Rich? by SIRTee15: 10:42am On Jan 18, 2023
VULCAN:
Everything you wrote is regurgitated. It's what you read.

The problem with reading without doing your own assessment is that it kills your brain while leaving you feeling intelligent.

So let me give you some homework.

Go online and find out what percentage of new car sales is electric in the West.

You will be shocked at how low the figure is.

Especially in the UK

Then go and find out what percentage of ICE car sales in the West are fairly used cars versus sales of brand new ones.

Why?

Because many many people cannot afford to buy brand new in the West in spite of what you are led to believe. They don't have good credit scores.

The fairly used ICE car market is booming but not the fairly used EV market because the cost of new batteries to power your fairly used car is about 50-70% of the cost of buying a brand new EV vehicle.

ICE cars don't have 200yrs to go as he said but definitely another 50yrs at least before they become obsolete. Especially in the poorer countries of the world


1.6 million new cars were sold in UK last year, a constant figure for last 5-10 years.
250 thousands of this cars were EV vehicle.
Norwegians bought more EV vehicles than ICE vehicle last year.
Africans will always be the last to catch up with any new revolution in the world. Always stuck with old way of doing things. And we wonder why we are the base of the global wealth pyramid.
What I expect a serious nation to do is to leap ahead onto the EV innovation. Take the fore front in EV batteries manufacturing. All the resources needed to produce this batteries are in Africa- lithium, nickel, graphite, cobalt. Motivate/energise our institutions and car manufacturers to focus on EV innovations. Its an investment that will pay off because EV is the future.
That's how a nation becomes wealthy.
Re: Why Are Arab Princes And Royal Families So Rich? by Hassanmaye(m): 8:18pm On Feb 24, 2023
Deepthoughts:
The answer is two folds,one the Arabs don't have so much love they only use Islamic religion for manipulations n exploitation,two some of those refugees are sponsored to gain access to the west to aid their jihad from within.
Hahahhahahaha my stomach
Re: Why Are Arab Princes And Royal Families So Rich? by Hassanmaye(m): 8:22pm On Feb 24, 2023
LoneWolf200:
Most of these arabs are into illegal business(most are drug barons/lords & into prostitution business) but they tend to disguise too mch.
You're mad
Re: Why Are Arab Princes And Royal Families So Rich? by MALIGNANTHost(f): 8:50pm On Jul 26, 2023
int0x80:
Oil money, few people controlling large scale oil production!

It's been a while. Hope no problem sir?
Where have you been

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