Nauru Phosphate Royalties Trust - "The Paradox"

"The Paradox"

In 1962, well before Nauru took over the phosphate industry and achieved independence, the United Nations offered a cautious note:

The problem of Nauru presents a paradox. The striking contrast is between a superficially happy state of affairs and an uncertain and indeed alarming future... But this picture of peace and well-being and security is deceptive. Indeed it is a false paradise. For these gentle people are dominated by the knowledge that the present happy state of affairs cannot continue.

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