Monday, November 15, 2010

Bolivian lithium reserves

Bolivia could become the Saudi Arabia of lithium due to its large reserves. Lithium is important in making batteries for electric cars. Fuel of the future lithium is here now. This could cause a big boom for Bolivia, but there is a resource curse. People who win the lotto often are not ready for all that money. Fact is they often make decisions that are very poor.

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