Below is a guest-essay from Queen, a regular reader and commenter at Gates of Vienna.
The West is Destroying its Most Valuable Financial Asset: Political and Social Stability
Why is the West deliberately destroying its most valuable financial asset? With little raw materials left to exploit in much of the West, and in other developed nations such as Japan, we have to wonder why it is that the developed nations are considered “rich”? What do we have that other, more truly resource-rich nations don’t have? Sub-Saharan Africa, for instance, has vast stores of diamonds, gold and oil, but it is the poorest region in the world.
The answer is simple. Our most valuable financial asset today is political and social stability, painstakingly built up at the cost of several centuries of blood, sweat, toil and tears. And yet, with mass immigration and multiculturalism, we are busily throwing away our most valuable financial asset as if it were so much worthless trash.
Investors do not invest in politically or socially unstable countries. Real estate developers do not build office complexes or housing developments in politically or socially unstable countries. Political and social stability is the reason why a tiny studio apartment in London or Manhattan is worth much more money than a palace in Bangladesh.
Many liberals and progressives state that poverty causes crime, but there is evidence that the opposite is true: Crime (and violence, a symptom of political and social instability) causes poverty. Mexico is a poor country, yet it shares the same dirt and two oceans as wealthy, technologically advanced Canada and the US. Tellingly, Mexico also has the sixth-highest homicide rate in the entire world, and the second-highest kidnapping rate. Much of the country is under the de facto political control of vicious drug gangs.
Today, even the wealthy and comfortably middle-class people of Mexico are fleeing the country because of the insecurity created by violence, corruption and political instability. Foreign companies that invest in factories in Mexico often pull up their stakes and move away in just a few years, because the political corruption and constant need to provide bribes to corrupt Mexicans officials (and protection pay-offs to criminal gangs) has made the cost of doing business too high for any ethical commercial entity. This, of course adds to the country’s poverty and joblessness, which in turn adds to the political instability and violence. An endless negative feedback loop is created by a nation’s lack of political and social stability — a feedback loop that becomes extremely difficult if not impossible to halt.
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As we all know, the West is busily heaping up its own funeral pyre in an orgy of irrational self-destructiveness. Our cultural heritage and our grandchildren’s peace of mind won’t be the only victims, however — our primary source of wealth is also being tossed, willy-nilly, into the flames as well. A Balkanized, conflict-ridden West full of competing and eventually warring ethnic groups will be poor and undeveloped, just like Mexico, the Middle East, Latin America, and tribally conflicted Sub-Saharan Africa.
For those of the global elite who support mass immigration of culturally incompatible Third-Worlders into the developed nations, because they do not care about the survival of Western civilizations, values, cultures, traditions, historical peoples or heritages, I pose a question: Okay, what about financial stability, then? Where will you put your precious money or build your lucrative real estate complexes when the West finally loses its most valuable financial asset? What happens to all of those million dollar condos in London or Manhattan when those cities become culturally, politically and socially indistinguishable from Karachi or Mexico City?