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Buy My Country
Could it be possible to buy a country? I mean not like so if you have it, you're king, but could you buy all the land in some place like Africa? Like think of the most poverty-stricken low-quality of living country in the world. If some person had like trillions of dollars/euros could they go and buy the land in the country and just make it a better place? Could someone explain this to me?
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For all practical purposes, no.
There is no person with enough influence and money to buy a full country for themselves if that country has a population of more than a few million people. Which is pretty much every single official country in the world.
It would require purchase of land, bribing of government officials, and thousands of other random details I dont feel like going into.
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Yes, but land is very expensive. By my calculations, which are certainly very off, all the land in Africa is worth $18,209,734,800,000*. That's 18 trillion dollars. The US makes $13 trillion per year, not including expenses. No individual has even $1 trillion.
Add to that the cost of living, which I estimate to be $7000 per person**, absolute minium. For every poverty-stricken person in Africa, that would be $4,410,000,000,000($4 trillion)*** per year.
So you can see that it is beyond any one person, or even any one rich nation to help the people in Africa. Many nations would have to come together and devote an extreme amount of resources to help Africa. And at this point Africa might not even accept help, their political situation is very messed up.
(*Assumes $80,000 per acre, an arbitrary guess)
(**Based on IRS national living standards)
(***Calculated with 70% poverty level)
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