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comment by kleinbl00
kleinbl00  ·  4077 days ago  ·  link  ·    ·  parent  ·  post: Because Fuck the DeBeers Syndicate, That's Why

    However, DeBeers will receive payment for the overinflated value from Brinks

...and their rates will go up for future insurance. Brinks, meanwhile, will file a claim with Zurich Re, who will in turn raise Brinks' rates. Meanwhile, a bunch of thugs dump $50m worth of diamonds on the black market at 20 cents on the dollar and provide downward pressure on an artificial monopoly that costs hundreds of lives a year in the most deprived corner of the world.

I recognize and understand that you want to paint a Mafiya boogeyman all over this thing but the fact of the matter is, we don't know who lifted the diamonds. We do know who lost them. I don't care how many times you've seen EASTERN PROMISES the fact remains that DeBeers deserves all the bad trade they can handle and more and while it sure sucks to be sold into slavery by ex-Spetsnaz thugs (I've read Larssen too) that shit isn't what the article is about.

So the next time you feel like segueing into "eastern European crime syndicates" kindly do it on your own time. And the next time you feel like schooling me on economics, get your powerpoint in order first because I gotta tell ya, man - your arguments are not compelling.

Fuck DeBeers.





guybrush  ·  4076 days ago  ·  link  ·  

My first hand experience in this area is slightly more comprehensive than a few films and the economic points I raised are valid. Granted they may not be well articulated or make for interesting reading. The reason for the original comment was to counter the positive portrayal of the title and previous comments. It is relevant because I believed it to be so, and because this is a site for discussion and opinion. I apologise that you felt like I was trying to school you, I was simply sharing my opinion on the matter.