₦airaland Forum

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It's funny how non-mmm users are more Concerned than mmm users. [color=#000099][/color]

I just came to see how ugly the queen chic really is. [color=#990000][/color]

Economists define a recession as two consecutive quarters of negative growth in Gross Domestic Product (GDP). The National Bureau of Statistics reported that in the first Quarter of 2016, the nation’s Gross Domestic Product (GDP) grew by -0.36% in real terms. This was lower by 2.47 points from growth recorded in the preceding quarter and also lower by 4.32% points from growth recorded in the corresponding quarter of 2015. Thus, Quarter on quarter real GDP slowed by 13.71%.

A comparative study of other macroeconomic indicators of recession such as the unemployment rate, consumer spending and so on indicates that the economy is likely moving towards or already in recession. However, it is quite shameful that we are in a society where most reliable reports do not give accurate indices and policy makers make decisions using their discretions rather than evidence based researches. Nevertheless, the good news that is quite comforting is that recessions are quite inevitable in any capitalist economy but its implications cannot be ignored either.

Firstly, new firms find it more difficult to start while on the other hand, existing firms are at the risk of bankruptcy. With firms (i.e both small and medium sized enterprises and large scale firms) being the driving force of the economy especially now the economy is facing a downturn in the oil sector, it becomes quite obvious that the economy has a larger tendency of falling deeper into recession.

Secondly, the drastic reduction in output means a drastic reduction in government revenues accrued from taxation. This will further cut government spending in capital investment needed for growth in the economy. This is one of the major reasons why recessions seem very difficult to overcome. In situations where recessions become quite bad, there is a tendency for unusual rise in government borrowing (budget deficit) and this will cause the government to either increase taxes or cut spending. Thus the economy slumps deeper into recession.

Thirdly, its impact on the younger and vulnerable generation can never be overemphasized. The rate of unemployment will skyrocket the level of social vices such as prostitution, robbery cases thereby increasing the level of insecurity in the economy; a threat to foreign direct investment. Unemployment also reduces average income levels and such reduces the people’s purchasing power to access basic needs. This becomes a threat to the health status, nutritional status and the quality of life of the people.

Conclusively, there is a need for policy makers to combat the disaster that recession brings to the populace. Policies should be based on evidence based researches; expansionary monetary policy instruments should be adopted to increase money in circulation so as to make funds available to investors. Government should also prioritize engagement in capital investments that would provide enabling environment for the key sectors of the economy to thrive. It is evident that recession is a phase that every economy must pass through but what is paramount is how long the economy can be in the phase as well as pass through it.

I think you should go for zenith bank. You can make cheque deposits into ur savings account. And the minimum for opening a zenith savings account Is #1,000 in line with zenith's retail drive initiative .

exotique1fy:
I just finish soaking my pillow with tears. I can't believe that I am so lonely. I have cried out to God, I have shed a lot of tears. I need this void to be filled in my life!

I just came of a relationship. the guy claimed to love me, but he used hurtful words at me! saying that I am full of sh*t, that I think too highly of myself. he said a lot of things that are not consistent with the person that I know that I am. I know I am not a proud person. I know that I don't speak anyhow to people and I don't look for trouble both offline and online. I can't just understand where he got all those things he said about me from. he thinks that I am contentious! I feel so heartbroken, I didn't know when tears start rolling from my eyes. I have been crying since.

I am tired of being alone. I need a real man! someone who is cool and easy going. someone who can take care of me and meet my needs. sex will be on the menu. I have never experienced an orgasm before. my ideal candidate must be well endowed and know his way around in the bedroom.

pls jokers and unserious peeps should stay off! every candidate will be put to the test. I am not cheap. I am a sophisticated big girl with standards. send me a pm or mention exotiqueify to get my attention. thanks

i guess you don't think highly of yourself . and in summary, you just need a sex partner...thumbs up!!

which kind mumu list be this na!!! My name no dey there

double3:
chk ur mail

mail received. Thanks a lot brov

Pls I need the referee n transcript forms . send to kluebash.danny@yahoo.com

please did anyone here apply for Econometrics. let's chat #teamStatistics

anyone with the proficiency test should kindly send to odinaka.nwankwo@com.com.

thanks.

There's a difference between fat and busty. #just saying

Why is this thread getting so many views.
Na this kin topic una like abiabi

it is a sign from my Baba God. and na to obey o! make she no swallow my future join.

luizfigo:
Hello my fellow Nairalander, please assist me in getting a job in lagos. I don't mind the pay @all.i want is something good..I have 1yrs banking experience in sales already...

really!?...How was it? why did you leave your marketing job... was it because of the pay? or you just weren't interested anymore.

This is why i like feeling the package.

Shortyy:
#yawns.. #farts.. #walksaway

oh!!!! this girl just spoil my breakfast.

pls who got a text for an interview tomorrow by 9:am

I received an invite too.... Any area of concentration we should know about? thanks

why do i have this feeling that sterling bank doesn't actually have a record of those that passed or failed the previous test. So your re-taking the test is like telling them that you are one of those that failed and therefore don't deserve to move on to the next stage. #failure attendance register

Op! oya lock shop na. congrats to all successful applicants , me wey get 100% make them no go give me 100million target o!. Op! lock shop o! twale!!! I don waka

Na wah o! 2pm don pass na, please and biko stop refreshing so that i can take the test. Thank you for you consideration.

they are truly the one customer bank.

bigtt76:
How you take sure say the answer wey hin submit enter the bank's database site?

Abeggi! no pour sand sand for my garri.

if this sterling site doesn't open before 2pm, That means my brother wey answer one question get hope. idonbelivit!