financing: Another answer was that the oil and diamond industries were financing the war, according to The Guardian. But neither of these facts told the whole story. Every western visitor asked me a version of the same question how could the citizens of a country with vast mineral wealth be so shockingly destitute One answer was corruption a lobster-eating, champagne-drinking elite was getting very rich in the capital while their impoverished compatriots slaughtered each other out in the dusty provinces. There was something else going on. They called it the resource curse. Around this same time, economists were beginning to put together a new theory about what was troubling countries like Angola.
(news.financializer.com). As
reported in the news.
Tagged under financing, diamond topics.