alj harem:

Owing money in the worlds context is actually good for development provided that the money borrowed is used to for development of the citizens and the country at large.

The most developed countries in the world today are countries in the EU and America

also they are the ones in depts

RANK         COUNTRY        DEPTS
1 United States    14,300,000,000,000 30 June 2010 45,097 95
— European Union 13,720,000,000,000 30 June 2010 27,864 85
2 United Kingdom 8,981,000,000,000 30 June 2010 144,338 400
3 Germany        4,713,000,000,000 30 June 2010 57,755 142
4 France      4,698,000,000,000 30 June 2010 74,619 182
5 Netherlands 3,733,000,000,000 31 December 2009 225,814 471
6 Japan       2,441,000,000,000 30 September 2010 19,148 45
7 Ireland          2,253,000,000,000 30 September 2010 503,914 1,103
8 Norway        2,232,000,000,000 30 June 2010 454,768 538
9 Italy 2,223,000,000,000 30 June 2010 est. 36,841 108
10 Spain 2,166,000,000,000 30 June 2010 47,069 154


http://en.wikipedia.org/wiki/List_of_countries_by_external_debt

As you can see, depts can has a direct correlation to the standard of living

Sun of god:

Alj Harem - Please accept my apologies for 'Ekt Bears' utterances.
I will in due course sort that fool out.

ekt_bear:

Heh. As if that is within your capabilities. I'd like to see you try, though. I'll be here waiting.

Sun of god:

So indebtedness is a good thing?

Like the 'Greeks' ?

mr_man:

i have never been to america, but i am guessing i wouldn't have to worry if boko haramites will blow off my head, if there will be power supply when i get home from work after spending 6hours in traffic on a 30mins drive, i wouldn't have to develop unevenly toned biceps cos of pulling my gen, i wouldn't have to check every danfo to see if all the occupants are men before i enter, i wouldn't have to wait 6years after finishing secondary school to gain admission cos i don't have ''connection'' only to spend 6yrs doing a 4yr course, then another 2yrs in the labour market, then go on strike before government can even consider paying me 18k, if i have an opportunity ehen i will not think twice before i leave this country. the labour market, then go on strike before government can even consider paying me 18k, if i have an opportunity ehen i will not think twice before i leave this country.

odumchi:

I heard of a guy who travelled to America and built his family there. He and his wife had kids and they neglected to teach them about their culture/background simply because they were in America. Their kids never went home with their parents, and they came to see themselves as "African Americans" instead of "Nigerian Americans". The guys kids all married akatas and ran away from him to somewhere in the US. The guy himself became lonely and regretted his actions. He found out that he had an anxiety disorder which did not allow him to travel far distcances. Hence, till this day, the man is stuck in America and is longing for his homeland which he is unable to see.

mr_man:

i have never been to america, but i am guessing i wouldn't have to worry if boko haramites will blow off my head, if there will be power supply when i get home from work after spending 6hours in traffic on a 30mins drive, i wouldn't have to develop unevenly toned biceps cos of pulling my gen, i wouldn't have to check every danfo to see if all the occupants are men before i enter, i wouldn't have to wait 6years after finishing secondary school to gain admission cos i don't have ''connection'' only to spend 6yrs doing a 4yr course, then another 2yrs in the labour market, then go on strike before government can even consider paying me 18k, if i have an opportunity ehen i will not think twice before i leave this country. the labour market, then go on strike before government can even consider paying me 18k, if i have an opportunity ehen i will not think twice before i leave this country.

Kobojunkie:

So we should forget the hundreds others who did exactly what the guy did and NEVER REGRETTED it simply because you know of ONE man who did? How old are you

Do you realize how terrible an approach to life that is? Picking up on ONE FAILURE -- who you probably only know 0.001 % of the whole story --- and basing your whole outlook on this, on just that one?

odumchi:

Why are you being so agressive about it? Cool down, Ive been nice and civil to you and atleast respect me by being that way too. I didnt say you should forget about anyone, Im just bringing up an instance. Besides, If a kid is born, raised, and lived in America for his entire life, what makes yo think he will go to Nigeria and marry a Nigerian instead of an Akata or AA who he happens to live around?

I hope you get my point. Im not trying to force anyone to stay in Nigeria. You can live in America your entire life for all that matters, its not my problem. Im just tabling my thoughts.

Kobojunkie:

Chicago was that bad of a city? Are you people on drugs?  You calling a world class city BAD simply because it is not as expensive as the city you seem to have a HARD ON FOR? I tell you the home is only a couple of minutes, actually 3 miles from downtown and you ask me if it is bad? Even condos downtown ( in the highrise buildings sell for about 100K up, again, depending on what you want, and you are asking me if it is bad? Kai!!

Why would you live in a place where you know you are unable to afford? This is A MENTALITY problem and not an america problem. You do not move to Silicon Valley and then start to whine that houses there are expensive when you know it is above your means. It is COMMON SENSE!!!

There are houses in Albany NY for about $130 K if it is by force that you live in NY, but if you must live in NY, then SHUT UP and stop complaining because it makes no sense to. Living in NY city comes with the NY city price tag!! No be by force that you live with the Nigerians in NY. There are Nigerians in Delaware, Maryland, Pennsylvania, Virginia, Alabama, Nebraska etc.

Trying to throw America under the bus, citing some of the, for lack of a better word, MISERABLE CHOICES some people make, ain't gonna cut it. And yes, many Nigerians make these mistakes . . . living in cities they cannot afford and thinking THE MAN is the problem.

GAR3TH:

  I said if chicago is that "bad", not as an insult but rather in shock that chicago doesn't have what The New York area has. Actually I and many other nigerians live in the new york metro area and we are not complaining. I was just asking why chicago's home prices are so low? Home prices in New York City metro area are High for a reason. Thats because New York metro has plenty of benefits other cities don't have.

GAR3TH:

For example the New York area offer millions of job opportunities than other parts of the country and the New York Metro also have higher paying jobs than other parts of the country. So yes New Yorkers can AFFORD the homes they live in. In addition New York is the economic heart beat of America. New York metro also has tons of Entertainment, leisure and night life for its residence, and its pretty easy to start a business and make revenue.

GAR3TH:

New York Metro also has creature comforts such as a REAL Transport network comprising of almost 200 Lines of Subway, commuter rail, city and suburban buses, Brts and 27 airports in the metro area. Metro north, New Jeresy Transit and the Long Island rail Road allows you to live up to 90 miles away from NYC and still commute to work in an 1 hour trip. Not to mention the numerous highways in the New York area.

GAR3TH:

This is just the tip of the iceburg of why home prices in new york are high. Home prices are high for a reason based on what the location and area of the homes have to offer. You can build a mansion in the middle of the desert and it will see for 50k. What job opportunities are in the area? how will they go to work? how will the entertain themselves? etc.

This is why homes in abuja are more expensive than homes in Lagos and why Homes in Lagos are more expensive than home in Enugu for example.

And BTW KOBO The average estimated value of a home in Chicago, IL was $256,240 in June 2010, up 0.00% from May 2010. LLL

odumchi:

You have to hink about the long-term pros and cons.

If you go and live in America:
A. Will your kids learn their language, their culture, and their tradition? (Only about 20-30% of Nigerian children born in America can speak their ethnic language)

B. Will your debt ever be paid before you die or will it become your children's responsibility?

C. Will I forget my people back home?

D. How long will I stay in America?

E. Will I decide to go home and if i do wll my children go with me?

F. Will my cultural identity survive in America?

Kobojunkie:

It is good to have a laugh on friday night!

Kobojunkie:

ROFLMAO!!!! You probably landed in NY and decided it had to be NY and no other, for you to claim NY has plenty of benefits other cities dont have. I have resided in NY myself an I can tell you that there are quite a couple other cities -- lower cost of living too--- that offer just as much as NY offers you there.

WOW !!! NY Offers millions more jobs opportunities than other parts of the country? Are you serious? May I ask what you base this claim on? WOW  . . . 

New York is the headquarters for most of America's top businesses. Its America's economic heart, The same way their are more job opportunities in Lagos than in port harcourt.

About New Yorkers being able to afford the homes they live in, I suggest you go play that tune to the @OP who seems to DISAGREE with you since his complaint, which you pretended you AGREED with in the beginning, is about NY being TOO EXPENSIVE him him/her to afford. Or wait, are we to assume that everyone who complains of the high cost of living, even in NY city, is not a new yorker?

WOW  . . . so No other city in the US comes close to giving it's population what NY gives its? WOW :O :O

WOW . . . I am shocked that you have somehow descended into turning this one into a NY vs Chicago and everywhere-else-America rumble . . . WOW . . . no, . . . I am not shocked, this is you . . . this is exactly why I run when I encounter Nigerians like you!! 

Kobojunkie:

^^^ I said NOT A SINGLE word of MONEY !!! But giving your mindset, you immediately concluded that that a good life is MONEY and SELFISHNESS? ROFLMAO!!  

GAR3TH:

Just so You know I've lived [keyword LIVE] in numerous cities such as Lagos, Port Harcourt, London, New york, Baltimore, DC, Dallas and Orlando.

I've visited numerous cities in those regions in which I lived in, so I didn't just land in new york and decided it had to be.


New York is the headquarters for most of America's top businesses. Its America's economic heart, The same way their are more job opportunities in Lagos than in port harcourt.

I never agreed with the OP, go back if you forgot. I was correcting you on an error you made.

Are you seriously going to compare New york's infrastructure to other American cities? No other city in America comes close.

Correct me if I was wrong but It was you who said homes in chicago was 130k or something in which I responded by giving a New York example and so one.

No one started anything, You gave out false info in which I corrected simple. It didn't have to result in an argument.

This is why I run away when I encounter Nigerians like Kobo

GAR3TH:

Just so You know I've lived [keyword LIVE] in numerous cities such as Lagos, Port Harcourt, London, New york, Baltimore, DC, Dallas and Orlando.
I've visited numerous cities in those regions in which I lived in, so I didn't just land in new york and decided it had to be.

GAR3TH:
New York is the headquarters for most of America's top businesses. Its America's economic heart, The same way their are more job opportunities in Lagos than in port harcourt.

GAR3TH:
I never agreed with the OP, go back if you forgot. I was correcting you on an error you made.

GAR3TH:

Are you seriously going to compare New york's infrastructure to other American cities? No other city in America comes close.

GAR3TH:

Correct me if I was wrong but It was you who said homes in chicago was 130k or something in which I responded by giving a New York example and so one.

GAR3TH:

No one started anything, You gave out false info in which I corrected simple. It didn't have to result in an argument.
This is why I run away when I encounter Nigerians like Kobo[/color]

9jaganja:

It is to you!!! Not to me,  I don't have a problem staying here till death but I have a problem not having a purpose in life that will positively change my motherland!

It seem to me your purpose is to ride bicycle in southside chicago hahhahah joking!!!

Ofcourse, because people like me readily call you out on your BULL!!!! I mean come on . . . I state that there are cheaper cities and Chicago is one and you IMMEDIATELY rush into NY vs CHICAGO argument . . for pete's sake, I ask again, what the frell for?? ROFL

GAR3TH:

[b]The original argument was that homes in chicago cost 130k [/b]and I responded to you with a link so you can search the prices of chicago homes, and I also gave you the link that showed that the average home price in chicago was around 250K. Conversation over. But you were the one who was questioning New York in which I had to reply and your blaming me? You lost the argument Plain and simple, Then you started to side track and Reply to my post about New York.