What deters people from investing in most countries is conflict, corruption, and a lack of skills or infrastructure. And those countries that are able to address those problems have rule of law and eliminate corruption. Make sure that you are investing in the education of your people and it’s a continuous education; it doesn’t just stop at the lower grades, but you give people constant opportunities to upgrade their skills. You have a decent infrastructure -- you’re going to be able to succeed. That’s the recipe, the formula for a 21st-century economy." - Meaning and context.">

What deters people from investing in most countries is conflict, corruption, and a lack of skills or infrastructure. And those countries that are able to address those problems have rule of law and eliminate corruption. Make sure that you are investing in the education of your people and it’s a continuous education; it doesn’t just stop at the lower grades, but you give people constant opportunities to upgrade their skills. You have a decent infrastructure -- you’re going to be able to succeed. That’s the recipe, the formula for a 21st-century economy.

— Barack Obama

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "What deters people from investing in most countries is conflict, corruption, and a lack of skills or infrastructure. And those countries that are able to address those problems have rule of law and eliminate corruption. Make sure that you are investing in the education of your people and it’s a continuous education; it doesn’t just stop at the lower grades, but you give people constant opportunities to upgrade their skills. You have a decent infrastructure -- you’re going to be able to succeed. That’s the recipe, the formula for a 21st-century economy." in the context of "" to mean that wisdom is timeless.

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Source: The 'What it means' explanation text was generated by Google Gemini Flash (accessed February 05, 2026). https://gemini.google.com/app
Barack Obama

About Barack Obama

Barack Hussein Obama II (born August 4, 1961) is an American politician who served as the 44th president of the United States of America from 2009 to 2017. Born in Hawaii, the son of a Kenyan father and a mother from Kansas, he won the 2008 presidential election and was re-elected president in November 2012. A member of the U.S. Democratic Party, he was the first African American president. Before becoming president, he represented the 13th district for three terms in the Illinois Senate from 1997 to 2004 and served as United States senator from Illinois between January 4, 2005 and November 16, 2008. While president, he was the recipient of the 2009 Nobel Peace Prize.