/lit/ - Literature

Spaniard here. My father had family in Venezuela, and back in the 70's he moved there to work for a few months, making 4 times the normal spanish salary.
During the 19th and 20th century, many spanish colonies and ex-colonies were on par or actually richer than mainland Spain. The gold excuse doesnt work because they mine more in 2 years nowadays than what the spaniards could mine during decades with surface-level primitive mining techniques. And if wealth was as simple as local resources, switzerland would be poor and russia would be really rich. But turns out commies dont understand economics and economy is more than just raw resources.