₦airaland Forum

sjeezy8:
^^^ son of a fisherman, cock eyed, pigeon toed, stank, obasanjos long lost son looking ass nikku

shut your mouth boy

Beaf:
My friend, stop being over sensitive jare, just because I very rightly yabbed Sanusi.

Just convince me that Nigeria's GDP is not the "GDP" of Shell, Chevron and the likes, majority of whose money doesn't touch Nigeria (don't forget they are allowed to repatriate like 100% of what they make).
The other thing to convince me about is that Nigeria actually has an economy. I say, it has NONE.

why so u name tiny countries like israel or singapore and expect me to be impressed?i would not live in new zealand if u paid me to do so, (God forbid)

SEFAGO:
wetin the guy na God? So what was he b4 a nobel laureate. I am not even disputing his statement or its efficacy- I am disputing the fact that you took it out of context so we are unable to know why he used such a statement.

Using common sense, and also knowing that someone of stiglitz stature would not say something exactly demeaning about an economic tool that has proved useful for years, I assumed that he was talking about using GDP as a solemarker for economic growth, instead of what it really is- just one of the many markers of economic growth.

SEFAGO:
paraphrasing stiglitz doesn't mean much but noticed he used the word fetishism which suggest he is trying to move economists from being overdependent on using GDP as a marker for economic growth.

He didnt say the GDP is irrelevant, he just said it should be used in combination with other data, while economists consider the limits of using data that is obviously subject to many constraints

mbulela:
Beaf,
it is an elementary known fact when a nations GDP increases, the economy is said to have grown and when it decreases, it has contracted (contract 2wice, na recession be that).
Denying this basic fact makes me doubt your knowledge of elementary economics.
Whether that is a correct measure of growth is another matter entirely and is not within the context of Sanusi's comment.
Afterall, crop grown in the garden for consupmtion o the farmer and his family is not actored into GDP.
DIY tasks that can otherwise be paid for is not factored into the GDP.
GDP is not perfect,we all know but it is the accepted measure of economic growth.
Disparaging Sanusi just to show off some irrelevant knowledge that is completely out of context smacks of ignorance.

“The main message is to get away from G.D.P. fetishism and to understand the limits to it,” Mr. Stiglitz said in an interview. “There are many aspects of our society that are not covered by G.D.P.”

Sagamite:
My friend, cut this crap and engage higher thinking.

Any humane law that can not allow subjective assessment in such extreme cases or at least some form of detention is completely useless and dangerous.

These are the type of laws that is giving the BNP fuel in elections.

Places like Italy, Spain, Greece etc are not as anal as the UK in implementing these stupid policies.

So you want to tell me, Obama bin Laden will show up at UK airport without documents but with his beard and say he is 12 and because of "humane laws" the UKBA will let him into the country whilst they do a test?

Bloody stupid policy, Utopian rubbish.

paddyboi: this is simply an innacurate assertion, using so called purchasing power parity, we are still ranked somewhere around 40th in the world, and 2nd in africa, in terms of GDP,

I dont know why people come online and make falsee assertions as if we dont have access to computers to check facts for ourselves,

(Perhaps u mean GDP per capita, which i have explained in my previous post, with that which divides GDP by population, countries like india and china also show up as being poor due to large populations, )

Now about Nigerians leaving Nigeria, that is not what we are talking about, we are simply stating FACTS, in 3-5yrs, Nigeria will have a larger economy than South Africa,

we are not arguing migration patterns of adult sub-saharan african males, (if u want to though i can argue it out with u, )

The chinese are coming, here in the US, every day on CNBC, (business channel, talking about emerging markets), all they talk about in Africa, is NIgeria, most young Nigerians studying here are planning to go home, i know its hard, trust me i am Nigerian, but i tell u, having lived on both sides, there is nothing like being a young business owner in naija or enterprenuer,

vescucci:
@Beaf. Don't be discouraged by nincompoops who only believe what they want to hear or what is sensational enough.

All frauds have one thing in common. Someone or some people will benefit at the expense of someone else or some other people. Reconcile this with climate change being a fraud if you can. Even without the apparent evidence that supports climate change it makes sense theoretically. O3, or Ozone is highly unstable. The layer of it is very thin and doesn't build up nearly as fast as it's been depleted. And we're the reason why it's depleting. The polar regions will become tropical some day but you won't be here to suffer the consequences. Your descendants will. But I guess you could care less

femfem2000:
Read the articles here
http://www.epi-us.com/background/

and Watch this please
http://video.google.com/videoplay?docid=4860344067427439443#

Do your own research. Don't trust everything you hear on CNN, BBC etc


Regarding AIDS/HIV read this
http://www.whale.to/a/hivfraud.html


How come we never hear about these scientists/professors/doctors/Nobel Peace Prize winners on the main stream TV/Radio/Newpapers. It's like their point of view don't exist. This is what woke me up to realise that the media is not as fair and balanced as they claim.

Again Do your own research (preferably on the Internet). Don't trust everything you hear on CNN, BBC etc

The purpose of Environmental Perspectives, Inc. (EPI) is to sound a warning of the rise of[b] government control and paganism in America[/b] through the environmental movement. EPI provides articles, books, videos, maps and other media to help people understand the consequences to them and our nation if our politics are driven by a belief that big government is the answer to everything and that nature is god and humans are destroying it.

paddyboi:
MOST NIGERIANS ARE IDIOTS ON NAIRALAND, I REPEAT IDIOTS!!

Nigerian economy will be the largest in Africa in 3-5yrs, (maybe before then), dont believe me?, check the link below,

http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)

Nigeria currently has about the 40th largest economy in the world, (WORLD!!), for those of u idiots that cannot appreciate anything good about your country, now if u look at the link i provided u will see that all it will take for NIgeria to surpass South Africa is to grow at a mere 5% for the next 3yrs compounded and we are the largest,
For long term growth estimates check this out from IMF and Goldman sachs,  It shows estimates for 2008, 2025, and 2050,
stay there and be yabbing your country while others plot on how to come and make millions here, nonsense people


BRIC in future/ IMF and Goldman projections
Estimatives to 2050 largest nominal GDP.

The top three charts list the top 22 countries by nominal GDP for the years 2008, 2025 and 2050 respectively. The bottom two charts list these 22 countries by nominal GDP per capita (the rankings for these bottom two charts do not reflect the GDP per capita for all the world's countries). BRIC countries are highlighted and labeled in bold.


Gross Domestic Product (nominal) [2008][15] Rank ↓ Country ↓ GDP (in US$ millions) ↓
1 United States 14,264,600
2 Japan 4,923,761
3 China 4,401,614
4 Germany 3,667,513
5 France 2,865,737
6 United Kingdom 2,674,085
7 Italy 2,313,893
8 Russia 1,676,586
9 Spain 1,611,767
10 Brazil 1,572,839
11 Canada 1,510,957
12 India 1,209,686
13 Mexico 1,088,128
14 Australia 1,010,699
15 South Korea 947,010
16 Netherlands 868,940
17 Turkey 729,443
18 Poland 525,735
19 Indonesia 511,765
20 Belgium 506,392
21 Switzerland 492,595
22 Sweden 484,550

Gross Domestic Product (nominal) [2025][16] Rank ↓ Country ↓ GDP (in US$ millions) ↓
1 United States 20,087,000
2 China 18,437,000
3 Japan 5,570,000
4 India 4,316,000
5 Germany 3,631,000
6 Russia 3,341,000
7 United Kingdom 3,333,000
8 France 3,055,000
9 Brazil 2,831,000
10 Italy 2,326,000
11 Mexico 2,303,000
12 South Korea 1,861,000
13 Canada 1,856,000
14 Indonesia 1,033,000
15 Turkey 965,000
16 Iran 716,000
17 Vietnam 458,000
18 NIGERIA 445,000
19 Philippines 400,000
20 Pakistan 359,000
21 Egypt 318,000
22 Bangladesh 210,000

Gross Domestic Product (nominal) [2050][16] Rank ↓ Country ↓ GDP (in US$ millions) ↓
1 China 70,710,000
2 United States 38,514,000
3 India 37,668,000
4 Brazil 11,366,000
5 Mexico 9,340,000
6 Russia 8,580,000
7 Indonesia 7,010,000
8 Japan 6,677,000
9 United Kingdom 5,133,000
10 Germany 5,024,000
11 Nigeria 4,640,000
12 France 4,592,000
13 South Korea 4,083,000
14 Turkey 3,943,000
15 Vietnam 3,607,000
16 Canada 3,149,000
17 Philippines 3,010,000
18 Italy 2,950,000
19 Iran 2,663,000
20 Egypt 2,602,000
21 Pakistan 2,085,000
22 Bangladesh 1,466,000

morpheus24:
. . .but l'll let you guys stay on topic before people start accusing me of derailing the topic towards "nonsense topics"

morpheus24:
True but:
"The frequencies of all the alleles of a given gene often are graphed together as an allele frequency distribution histogram, or allele frequency spectrum. Population genetics studies the different "forces" that might lead to changes in the distribution and frequencies of alleles -- in other words, to evolution. Besides selection, these forces include genetic drift, mutation and migration."[i][/i]

See also the U function in EQUATION in heading effects of mutation from source:

http://en.wikipedia.org/wiki/Allele_frequency#The_effect_of_mutation

The distribution of fitness effects (DFE) of new mutations is a fundamental entity in genetics that has implications ranging from the genetic basis of complex disease to the stability of the molecular clock. It has been studied by two different approaches: mutation accumulation and mutagenesis experiments, and the analysis of DNA sequence data. The proportion of mutations that are advantageous, effectively neutral and deleterious varies between species, and the DFE differs between coding and non-coding DNA. Despite these differences between species and genomic regions, some general principles have emerged: advantageous mutations are rare, and those that are strongly selected are exponentially distributed; and the DFE of deleterious mutations is complex and multi-modal.