₦airaland Forum

nairamaniac:
That's the point, at first bolded. They are not burning their house at the end of the day.
They are doing just very well upon the excessing borrowings and debts.

At second bolded, some countries especially US can get away with printing of more dollars and getting away with it.

Have you heard of QUANTITATIVE EASING(QE)?

It has to do with some policies&activities by the federal government that indirectly leads to printing of dollars to ease things up in USA.

It's one of the policies Tinubu has been talking about as at years ago.
But he has never mentioned it again from the moment he started campaigning.
Perhaps he doesn't want to received the backlash he received then when he talked about implementing it if he becomes the president.

The US Can get away with it very very well.

Dollars is a Scarse commodity in third world countries. Nigeria just recently joined those countries during Buhari's regime.

Also the opec is obligated to trade their crude oil in DOLLARS. Even to non-dollar buyers if the crude oil.


It was a past signed between USA and Saudi Arabia many many years ago.

See, the USA would never crash no matter how much dollar they print, as long as they regulate it's SENSIBLE USAGE and POLICIES to Avoid SIDE EFFECTS.

I see sense in the US Quantitative Easing though it didn’t work in other countries like Japan ,UK and Switzerland but the problem is why loan if government can run a surplus budget ?

HellVictorinho6:
But this is Nigeria

Nigeria debt is just 44 trillion Naira compared to 31 trillion dollars of USA

BeardedmeatR:
Only a fool will argue with a zombie who supports a criminal sick old microphone licking urinating machine.

A bigger fool that consider his candidate saint and perfect despite evidence of kleptomania and incompetence .

nairamaniac:
See, I actually believe that USA is misleading the entire world to follow their path of borrowing money excessively.


USA may not have needed these funds as borrowed funds.

This is a country that seems to have dollars as an Export -commodity. Also, they actually print dollars to inject into their economy when needed.

Somethings don't seem to add up here concerning
USA debt, borrowing and how flexible their economy-policies are.

the truth is that there are many governments actions that we do not know their end points but I don’t think a reasonable man will burn his own house just to spite the visitor or cut his head off just to spite headache .

USA embarked on a lot of “do and let them see me “ projects like NATO armaments and Uncle Sam behaviors as a superpower to many smaller countries like installation of Africom in Africa . USA was literally handing checks to their citizens during Covid 19 and still give disable people upkeep checks . The funds will come from somewhere .

About export of Dollars ,there are many people involved in arbitration that’s why Nigeria banks stopped foreign used of their cards . And printing of more dollars will lead to inflation.

The east should vote Tinubu so they won’t shout marginilisation when he becomes the president

Timothyoj:
But their infrastructure and fast development shows and proves the worth of the borrowing unlike Nigeria.....!

Nigeria debt is about 44 trillion Naira and we’re a developing country while USA debt is about 31 trillion dollars and a developed country . Maybe by the time we borrow up to 31 trillion dollars our country would have been developed as theirs as well . Just saying .

matm:
It's a bad thing b/c there is no means of paying back d debt.
Besides, internally with good leadership, we can raise more than enough funds on our own and don't need to borrow.

if we can raise more than enough funds as a developing country what happened to developed countries like USA and China with the highest debt profiles in the world ?

We need to also ask question what the borrowed funds is used for ,is it for infrastructural development like industrial complexes,businesses,roads etc or payment of salaries which has no direct impact on IGR or being embezzled by government officials.

I know that Buhari tried when it comes to Federal roads .

Also we need to consider that money is used to make money ,money is needed to generate more funds locally .

BeardedmeatR:
I'm sorry for quoting a twelve year old

Obi people have no brain to argue with facts. They can only gaslight .

BeardedmeatR:
And also loose the massive votes in the north.

He will get zero votes in the SS and SE.

you’re funny because the handwriting on the wall shows that he will get massive votes from the west ,north(s) and south south not to mention that two states are controlled in the east by APC .

Benmob:
Buhari have been winning in d north,but yet in three occasion he fail,wat help him, massive vote from south west.

tinubu will get the massive vote from southwest .

In as much as I detest debt ,it’s not really a bad thing if the money borrowed is invested on infrastructure that’s capable of generating returns.

USA is a model country but with a debt of 31 trillion dollars .

China debt is about 24 trillion dollars.

Bankowner:
Yahoo boys are not hackers, they only use romance to scam so they do not qualify to be tech experts. What technology is in romance scam for crying out loud?

some yahoo boys are hackers with skills like social engineering,phishing,credit card fraud ,wire transfer fraud,blackmailing,spamming etc .

There are many talented youths that would have been great in IT development but went down the drain of fraud .

They need repositioning.

Tinubu is prolific and proficient. He has invested in several resources that makes him capable of leading from multiple fronts concurrently and efficiently.

gozmok1:
Buhari>>> Missing
Osinbajo>>> Missing
Yahaya Bello>>> Missing
Fashola>>> Missing
Amaechi>>> Missing

None of them follows him to campaign across states
None campaigns for him on SM
None campaigns for him in churches or mosques

What exactly is happening?

most of these people contested against him and lost . It’s like Ronaldo singing the praise of Messi after winning World Cup .

Sammy07:
I'm not from Osun, but after Bisi Akande, I'll give it to Aregbe (even though he flopped in his later part of his government) then Oyinlola

Aregbe didn’t pay salary .

Benwallt:
Lol, how can a supposed female rough handle a man. Nor try am o. I am trying to get what that post means. I am a Chelsea fan though but you know we can't win this.

anything can happen in ball .

Lilchilz:
Y’all trippinq i just staked more than 87,000 on chelsea handicap 2 goals down 2:0

the simulation was 5 1 in man city favor .

To people that have not made up their mind about Tinubu due to one reason or the other ,I will advise you to make up your mind now because your probability of winning with a made up mind is 1/2 while the probability of winning with a spread stake(considering the four front runners as Ngige posit) is 1/8 and your returns might not cover your stake let alone make profit. Vote wisely .

nnamdi640:
You should know that his bad record and his old age can't get him anywhere.

talk of pandora ,sabmiller .

Abacha was younger than Obi when he became head of state but turned out to be bad news.

The most important thing is if he’s capable of making ingenious decisions as president.

Biodun556:
To have military relationship with Russia is far cheaper than to have military relationship with the US. US and Russia military hardware are the foremost in the world. Even there are instances where Russia weapons perform better than that of US.

Because of tension with Pakistan and China, Indian must have a reliable partner, with lesser condition attached to weapons sales. Russia is the best for India in that regard.

Through out President Jonathan six years in office, US under Barak Obama placed Nigeria on arm embargo despite number of people being killed by Boko Haram on daily basis. It was trump that eventually lifted the arm embargo

US is not reliable as she has too much conditions attached to weapons sale

talking about tension in border with china ,they can’t have an alliance with Russia because Russia is a friend of China . It’s only US that’s standing her ground against China in the South China Sea .

Also India can buy hardwares from Russia but they can never unite with Russia against US . The least they could do is to stand back and observe .

If you talk about India buying oil from Russia despite US sanctions,I want you to remember that India considers herself as a big country enough to make personal decisions without anyone interference and even US friendly countries like Germany still continue to trade with Russia .

My point is that you can’t place China-Russia relationship side by side with India-Russia relationship. Countries you can consider is North Korea ,Iran and maybe Syria . They’re the countries that don’t see eye to eye with US .

Biodun556:
Pay attention to words, I said 'majority'

You are free to fact check. Most indian military hardware are from Russia

Indian military technology is still very low. Turkey military industry is far ahead of that of India.

ok I just obseved the word “majority” and also we are saying the same thing cos I initially said India is a neutral country but tilts “a little” towards Russia .

India has no generic relationship with Russia unlike China ,DPRK or Iran .

nnamdi640:
Continue deceiving yourself, Atiku and Kwankwaso will get more votes than Tinubu in that state. Tinubu can't win this election, because north can't give him enough because of Atiku and Kwankwaso, even in Lagos, the vote will be shared.

na you wan vote for them ? Mr man you only have one vote . Don’t console yourself with assumptions.

Biodun556:
[/b]"Economy"[b]

Even militarily, Indian relies on Russia for majority of her weapons

nope ,they buy weapon from any country they want .

https://m.economictimes.com/news/defence/indias-weapons-procurement-from-the-us-jumps-to-usd-3-4-billion-in-2020/amp_articleshow/79637410.cms

India has its own nuclear power .

India and Türkiye are like shock absorber between US and Russia

nnamdi640:
Don't be surprise that it was same rented crowd Apc, pdp and Kwankwaso are using. Urchins should just continue to deceive themselves.

Kwankwaso holds his tally today as well .

And I was informed you’re the one that paid the rented crowd .

Moreover your candidate that didn’t pay for crowd because the mobilization fee was stolen by party members should have overwhelming organic crowd in his campaigns .

Well actually India is neutral though they tilt a little to Russia .

muykem:
See crowd. These people don't know that one Obasanjo is busy written several pages of letter.

dem nor care about online poll either

Go to settings ,on your metered data .

Bola swallowed Atiku and Kwankwaso in Kano .

But Kwankwaso sef Dey do campaign today na ? Shey na so people plenty for Kano reach ni

bdon123:
That saying of show me ur friends is a stupid saying.I hav friends who are yahoo bois bt av never taken 1 naira dat isnt mine.If till now u dont understand that all this party talk does not work wit Obidients then u havent been paying attention.
U are asking me to vote a sickly ex drug kingpin or a former customs thief....really right now even if una say Obi steal fowl for market we go still vote am as d alternative doesnt even come close.
Giv up already,we are taking our country back frm this recycled political thieves

if you had gone through previous conversations on this post you will see that I’ve spoken my position on these issues but for the sake of clarity ,I will say it again .

All the three front runners belong to the same category .
I’m rooting for Asiwaju so I have no business with Atiku and his my third choice after Obi .
I’m not defending Tinubu’s allegations .
Obi has same allegations .
Tinubu health issue is manageable.
I’m voting for Tinubu because he’s very productive.
Your friends influence you even in the subconscious(I’m sure you receive gifts or service from that particular friend ,a service financed by fraud) and they can also put you in trouble like when you visit him in his house and EFCC come to arrest him (I’ve witnessed innocents arrested with yahoo boys because they live in the same hostel) (I’ve also witnessed someone arrested because his friend stole a car) . In a bigger picture ,they can ruin president reputation like the way Allison Madueke ruined that of Jonathan even though he might be complicit.

There’s no difference between a recycled thief and a thief apprentice even though Obi is a master thief that knows how to clean money through safe haven banks like Panama’s.

bdon123:
So becos LP party is eating mobilisation fund then i shouldn't vote obi or wats really do u mean?did i tell u am voting for members of LP party?
So PDP n APC has zero funds embezzlement or wat?
I dont care whos chairman of LP,or whos candidate in Onitsha or Lagos....all ano is am voting Obi,no matter.

you have your right to vote for anyone you consider good enough the same way other people have their rights to vote anyone they consider good enough and let majority carry the vote but you don’t have the right to call someone insane for supporting anyone they consider the best .

The members of a party will determine the presidential cabinet ,there’s a saying that show me your friends and I will tell you whom you are ,if a supposed saint is a friend of thieves ,himself will become a thief one day when they pressurize him . I’m sure you supported Jonathan and you considered him better than Buhari but during his tenure his cabinet member like Madueke,Dasuki etc were all stealing Nigeria money . How do you expect an institution to work when your team members cannot successfully carry out chain-of-commmands?

If party members have been showing their color when they’ve not got power ,it means they will steal more than those that are there when they get power . Nigeria politics is a parody of Animal farm

AderonkeOlaniyi:
SHUT UP!!! YOU NONENTITY.

you’re an Oloriburuku!