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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / China Blasts US Shutdown, Calls For A ‘de-americanized’ World (25601 Views)
Mugabe Blasts Nigeria At AU Summit For “Betraying” Africa / Zulu King Changes Tone And Calls For End To SA Attacks On Foreigners / The U.S. Government Has Officially Shutdown!! (2) (3) (4)
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Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by Wallie(m): 4:55pm On Oct 16, 2013 |
ckkris: The problem is that we implement our policies haphazardly with no strategic goal in mind! On one hand we stop the importation of rice but fail to put measures in place to grow local production and the end result is consumers being faced with scarcity that will not abate. Also, we are signing free trade agreements left and right even though we do not produce/manufacture a damn thing (at least on a scale large enough to make the agreement worthwhile)! Solution – if you’re going to stop importation of anything, make sure that you encourage growth in that sector and you give manufacturers time to take up the slack. You can easily encourage growth by inviting the manufacturers of the product you import into your country and providing them with low interest rate loans. HOWEVER, you absolutely have to encourage/demand minimum local participation because the end goal is for technology/know-how to transfer to your citizens. This is the only way for Nigeria to improve. 2 Likes |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by Nobody: 4:57pm On Oct 16, 2013 |
Wallie: Very well. But my question was more on the global scope --international trade. |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by MagicBishop: 4:59pm On Oct 16, 2013 |
caukerzee: Is it not obvious that the motives of the repulicans are polical rather than what is best for the nation? Thanks to Obama America now owes approximately $30,000 per citizen Thanks to Obama, American Foreign policy currency has seriously been devalued. |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by wogorparadise: 4:59pm On Oct 16, 2013 |
Billyonaire:how ar we sure the chinese ar not bribing some republicans to be stiff necked against obamas govt? The japanese did it some yrs back wen they use to be very strong. 1 Like |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by ckkris: 5:01pm On Oct 16, 2013 |
Amhatu: Most Importantly our African leaders better start taking steps now to ease away from the catasrophe when the dollar loses more value!!!Most African nations generally follow what Nigeria does. If Nigeria becomes organised, Congo will follow, with their enormous potentials, as another post hinted above. The same for South Sudan, Angola, etc. Everyone is waiting. 1 Like |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by trolling(m): 5:02pm On Oct 16, 2013 |
Isaiah 47:1 KJV Come down, and sit in the dust, O virgin daughter of Babylon, sit on the ground: there is no throne(DeAmericanize) , O daughter of the Chaldeans: for thou shalt no more be called tender and delicate. It's all predetermined, as Rome fell, so will she fall, from within and without |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by ckkris: 5:09pm On Oct 16, 2013 |
Magic Bishop:Why blame Obama for the debts the Republicans piled up since 1970s, even though President Clinton did so well to balance the budget. You don't know how these Republicans just give defence contracts to themselves, and build bridges to nowhere. |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by MagicBishop: 5:13pm On Oct 16, 2013 |
wogor@paradise: Because it is not in the interest of China to have their biggest customer fall |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by MagicBishop: 5:14pm On Oct 16, 2013 |
ckkris: Why blame Obama for the debts the Republicans piled up since 1970s, even though President Clinton did so well to balance the budget. You don't know how these Republicans just give defence contracts to themselves, and build bridges to nowhere. Obama's band-aid approach to fix the economy only caused more bleeding |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by trolling(m): 5:15pm On Oct 16, 2013 |
A New World Order is upon us then a One World Order |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by Nobody: 5:16pm On Oct 16, 2013 |
Wallie: I still strongly believe agriculture is the way to go for Nigeria. The government has to start by identifying farm clusters in various parts of the country -- Let's have clusters of cocoa farms, groundnut farms etc etc Give help to farmers with funds for the procurement of farm implements and materials. It could also import these implements and hand them out to the farmers as a loan repayable over a long term, with minimal or no interest. To cap it all up, there should be an agency saddled with locating and buying the products from farms and selling them at the international markets. They can share profits. The issue of transportation is important here, we produce a lot as it stands but most of it goes to waste. Collect the products, say oranges, pile them up at a storage and if possible airlift them to customers immediately. Like the hacienda system in the Americas. Rich farmers == more production == more robust economy and foreign trade. |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by MagicBishop: 5:21pm On Oct 16, 2013 |
olu_kenzo : Stopped at the bolded. Government this, Government that. Land is cheap, Labour is inexpensive and the markets are every where. What's stopping Nigeria entrepreneurs and un-employed graduates from going into Agriculture? 2 Likes |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by trolling(m): 5:23pm On Oct 16, 2013 |
Billyonaire:its not a developing country,its a developed country, its the rebirth of Rome |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by ckkris: 5:29pm On Oct 16, 2013 |
Wallie:Team GEJ is succeeding in attracting increasing Foreign Direct Investments, FDIs. Dangote alone has over $3 billions. NEPA is privatised to attract more FDIs, and enhance more power productions. Government actions in Agriculture is already yielding fruits. And more are manifesting. Only that the existing structure of Consumption, based on petro-dollar, must be TRANSFORMED methodically, in order to manage inevitable political resistance, just as Obama is facing in the US. But the progress is noticeable. |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by Wallie(m): 5:29pm On Oct 16, 2013 |
olu_kenzo : The only thing farming does is to guarantee food security, which is not a bad thing but I doubt agriculture alone can sustain a country as big as Nigeria. Show me a country that thrives exporting agricultural product and I’ll show you x10 that are highly subsidized by the government just to stay afloat! Have you ever imagined what happens to farmers in times of drought spanning a couple of years? How about when some random disease spreads like bird flu? Manufacturing of things we currently consume in large quantities is the solution. |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by Nobody: 5:30pm On Oct 16, 2013 |
I believe the. Nigerian Govt crisis team are studding. d situation we should prepare fr bth + n - scenario ..almost frgot its d clueless team but seriously we need to diversify .. |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by Nobody: 5:32pm On Oct 16, 2013 |
Magic Bishop: Where is fund? We are not talking subsistence agriculture here man. |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by ckkris: 5:33pm On Oct 16, 2013 |
Magic Bishop:CAPITAL . Do you live in Nigeria, or even visit at all? |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by ckkris: 5:37pm On Oct 16, 2013 |
Magic Bishop:Band aid? Should he have spent more?
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Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by Wallie(m): 5:38pm On Oct 16, 2013 |
ckkris: Team GEJ is succeeding in attracting increasing Foreign Direct Investments, FDIs. Dangote alone has over $3 billions. Which FDI exactly? Dangote invested his own money in spite of the government not because of it or does Nigeria guarantee Dangote's loans? Late 2010/early 2011, it seemed the power sector was going to get privatized in the twinkle of an eye but 3 years later we are still holding our breadth. Hopefully it happens. |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by Nobody: 5:40pm On Oct 16, 2013 |
Wallie: I take back the sentence you highlighted in the light of a superior argument. However, agriculture does not only guarantee food security. I make bold to say, forex, employment, raw materials for the agric-based industries you're proposing, etc etc. You left that out, raw materials for your industries... 1 Like |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by 0monnakoda: 5:42pm On Oct 16, 2013 |
Wallie: It is difficult to have a strategic goal without a sense of Nationhood and what it means to be Nigerian. Many of us are waiting for Nigeria to disintegrate. People talk about corruption but ther is a lot of corruption in Asia.The main difference is the Chinese have a strong sense of what "BEING CHINESE" is and when they steal the money REMAINS in China .We today are begging Switzerland to return Abacha's loot but they know if they give it to us Ibori will bring it back. We are proud to buy houses all over the world and forget we need the money IN NIGERIA. Anyone living in the US can tell us what interest rates are in the US right now and compare that to Nigeria . They have no foreign reserves while we keep ours in their country so they can enjoy cheap credit while we wallow in misery and darkness First we,like many other African countries need to resolve our crises of national identity and direction. Now some people want a Sharia enclave and perhaps they should. Without resolving those issues we shall forever be talking about Nigeria's potential 3 Likes |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by trolling(m): 5:42pm On Oct 16, 2013 |
manny4life:Dethrone the petrodollar |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by Nobody: 5:43pm On Oct 16, 2013 |
0monnakoda: Gbam! Above lies our biggest problem. I won't mince words, after seeing the responses on the NCAA beamer thread, i think its high time we dissolved this unholy alliance. |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by Jobos(m): 5:50pm On Oct 16, 2013 |
Billyonaire: Truth Remains that even if the Debt Ceiling is raised today, it means more borrowing by America, its means more debts accumulation, it therefore means that in the future, the climax will be reached and the bubble will affect the entire lenders to America. China and Japan will be affected, even Nigeria's Foreign Reserve and Sovereign Wealth Funds is in jeopardy.In as much as I agreed with you, but effEct on the major lender like china will also devalue her currency . I think Nig should divest part of her reserves and SWF to real wealth. It can be rebuiild post criss. |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by ckkris: 5:58pm On Oct 16, 2013 |
trolling: Dethrone the petrodollarTalk is cheap |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by Nobody: 6:02pm On Oct 16, 2013 |
A DEAL HAS BEEN REACHED BY US SENATE: https://www.nairaland.com/1480689/senate-leaders-reach-deal-avoid Lets meet there. |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by SonOfEl(m): 6:03pm On Oct 16, 2013 |
i believe the euro would be more stable than the dollar in the nearest future. |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by 0monnakoda: 6:05pm On Oct 16, 2013 |
Son-Of-El:What do you mean by "STABLE" . Is the $ unstable? Any particular reason for your belief ? |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by caukerzee(m): 6:11pm On Oct 16, 2013 |
Magic Bishop:Like there was not a very certain and unavoidable propensity that, that would happen with or without Obama in power? Believe me the republicans would have done worse if they were in power. History has show that the republicans do not handle deps better. |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by royallord(m): 6:31pm On Oct 16, 2013 |
@NairaMinted, you are perfectly right with your record. US Federal Reserve = Rothschild US Political Killing = Rothschild NairaMinted: "The IRS is the collection arm of the Federal Reserve and the Federal Reserve is the collection arm of the Rothschilds. The US money is the Rothschild piggy bank. |
Re: China Blasts US Shutdown, Calls For A ‘de-americanized’ World by 0monnakoda: 6:38pm On Oct 16, 2013 |
Wallie:Quite a lot of things we consume can derive from agricultural products cotton,leather All those designer suits we spend so much on are based on Wool another agric product belts shoes bags etc,paper,furniture,rubber.oil, cosmetics,soaps etc If you look around you you are surrounded by agricultural product with added value. I would argue that more than half our imports are agricultural in origin 1 Like |
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