₦airaland Forum

mtisTheQubit:
Debt is good if used wisely.bailout is bad...itso for suckers who can't manage themselves

but we know the case of kenya were the debts were not used wisely hence your incapacity to pay up.

Recycling debt has strangled your economy to be less productive economy on the same level with Senegal.

TayserMahrii:
Inspector Closseau. How are private entities in Germany indebted?

did anyone mention Germany ?

nice deflections

the piper is coming to collect

TayserMahrii:
We were talking of you celebrating the misery of others because you are a net oil importer

im laughing at the misery of Kenya as Tullow get your government more into debt by pilling up bills through the Turkana oil scam

TayserMahrii:
Apparently,,, the Ghananinas see the IMF as some sort of limitless provider shielded from all vagaries of the world economy. The mullahs should keep flowing they think.

we are not the one in trouble



kenya's debt are popping as global economies get hit by a perfect storm.

TayserMahrii:
Coronavirus is not impacting debts but markets,,,have you seen stocks collapsing in big economies ? Those are not debts at work son.

mind you corona has not impacted the market like oil has done.

its a perfect storm

TayserMahrii:
Coronavirus is not impacting debts but markets,,,have you seen stocks collapsing in big economies ? Those are not debts at work son.

you forgotten that debt is part of the market

mtisTheQubit:
Who gonna bail the colonies if the bailers are broke

exactly

who is going to pick up Kenya's debt when China is in trouble and pulling back?

TayserMahrii:
From the main point...

were we talking about oil or not?

TayserMahrii:
Tiny countries like Ghananina cant be affected.

Countries that have not placed themselves in precarious international debt exposures are breathing with ease.

TayserMahrii:
Nice deflection.

deflection from ?

TayserMahrii:
Ghana is a tiny weeny. Noyting that happens in the world should matter to you. You always operating on micro scales.

The rest of the world can burn for all we care

TayserMahrii:
Every country in the world is feeling the economic effects of the virus, including those without a confirmed case. The only way not to feel it is if your country is not global.

sorry
no everyone has been economically hit by the virus

TayserMahrii:
still hurts your nascent oil export industry

not really

our production fields are mostly gas fields

unless we start producing oil above 500,000 bpd, a drop in price won't affect us negatively

TayserMahrii:
still hurts your nascent oil export industry

Tullow has bleeped your government up with huge bills

TayserMahrii:
Inspector Clouseau, Kindly relate this to what we were talking about without trying to look smart.

read and you will understand

TayserMahrii:
Are we on the same page bro? The bolded looks like writings from a sleeping man.

If you guys are oil exporters then you shouldnt be celebrating.

we are celebrating because
we will safe a lot.

our production levels are lower than what we import for processing.

gallivant:
How many TEUs did Tema port handle?

container traffic was
1,249,336 TEU in 2017

All cargo that passed throught Tema port in 2019 was 44 million metric tonnes
Takoradi port handled 21 million metric tonnes of goods

Shma:
mombasa port is doing more than 30 million metric tonnes dude. By 2017 mombasa was doing almost 28m and it has experienced a Gotham improvement since then not factoring in the expansion which is currently on course.

sorry

the report says 31 million for 2019

gallivant:
It's not what I believe, the information states so. I am only the messenger. Google it and calm you nerves.



You got it. I am here for you anytime.

The traffic data says who ever told you you even do close to 30 million metric tonnes lied to you

the very fact that he believe mombasa handles more cargo than all ports in Nigeria let alone all of west africa makes him stupid especially when all most all west african ports import and export more than his

chrisooblog:
please I have no time to waste suit yourself and continue to live in delusion goodnight

gallivant:
Hold this L on your maritime claims until further notice.

facts are hard to deny

gallivant:
You are not allowed to spew your hobbit rubbish here. Go create a Ghanaian thread and hold your convos there ret@rd in the meantime I must teach you the basis of economics. I owe it to society.

knocked yourself out

you are a waste to society itself

we have all come to realise how much kenyan authorities lie

so we can only trust the satellite data

gallivant:
Google how many TEUS were handled by Mombasa port in comparison to any port in West Africa. You will feel sorry for yourself.

gallivant:
Is the importation of BMWs in Ghana for instance driven by demand or whatever nonsense you just wrote? Leave the economics for those who apply logic.

just dont jump into convos you have no knowledge off or know it beginnings

dumb kid

chrisooblog:
like they say facts are very stubborn

gallivant:
Importation is driven by demand, not to kill local production. Your reasoning leaves a lot to be desired.

importation is driven by the desire to out compete the price in a given market
dont be stupid

gallivant:
The joke is on you because Mombasa handles more cargo than any port in East, Central and West Africa. Lamu port which is bigger than anything in West Africa has also just been commissioned.

the traffic says otherwise

gallivant:
Don't be stupid. They are flooding the market because their products are competitive either in pricing or quality!

go back and read the comment dumb dumb

i dont have the time to waste

Ghanaian twitter is too sweet than this.

jln115:
Bro I have a honours in accounting and I'm busy with my CFA... Believe me when I say this... I know more about economics than you.

Besides I wasn't debating what you are saying now at all.... . Infact some of what you are saying now is exactly what I said a Government must do to protect local producers.....here is my post from earlier :

Also Trump didn't suddenly ban imports from China.... He spent years creating policies to empower local producers before this whole trade war begun.

Where your mistake lies is thinking Nigeria is currently producing enough metals, machinery and textiles that exceeds demand when in reality it isn't because if it was then it wouldnt be importing as much of these products as it is now. Machinery, Textiles and Metals are Nigerias three single biggest imports........ That doesn't sound like a country that produces those things as well

jln115:
I like the optimisim

dont just like it
fight for this



Gaining market share means you have to fight the economics war
It is more difficult now than when South Korea did it.

jln115:
Actually you should of said jln115 has a point since the bolded is exactly what I said.

Just30 is claiming that Nigeria is still setting up industries costing an arm and leg to produce locally and on top of that importing cheaper products from China asell.

I said if it is cheaper to import then you won't produce locally... But if you decide to produce locally you will stop importing... Exactly like your rice example.

Dont produce locally in SA to create jobs and see what those angry unemployed people will do to you and see if the market will still exist.

I just told you Nigeria import ban list exist to prevent the flooding of their market with things they produce best
It is always cheaper to import from China.
It doesnt mean you shouldn't set up local production to create jobs.

whiles you build fantasies on the theory that because it is cheaper to import from China, no one should produce for their local market.

jln115:
Actually you should of said jln115 has a point since the bolded is exactly what I said.

Just30 is claiming that Nigeria is still setting up industries costing an arm and leg to produce locally and on top of that importing cheaper products from China asell.

I said if it is cheaper to import then you won't produce locally... But if you decide to produce locally you will stop importing... Exactly like your rice example.