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MAGNETIC's Posts

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CultureRe: List Of Nigerian Tribes And The States Where They Live. by MAGNETIC(m): 2:19pm On Jun 01, 2016
[quote author=Chartey post=46147014][/quote]Rubbish no yoruba tribes
CrimeRe: Man Who Stole A Phone In Benin Stripped Naked & Tied (Pics, Video) by MAGNETIC(m): 1:49pm On Jun 01, 2016
Mediator97:
A youth steals a phone and all the masses are all over him. they even kill some in most cases.
a politician steals trillions of naira with just a pen of #20 and all applaud him.
let me ask, which is more severe? after they will say we the masses are helping to chase corruption out of the country.
i have never seen a situation where its reported that a certain politician stole and the masses come out to protest against that.
common sense
U are always making sense
BusinessRe: Why Can't A Country Just Keep Printing Money And Become Rich by MAGNETIC(m): 1:44pm On Jun 01, 2016
fiizznation:
The simple answer is inflation. The currency notes that we use don't have any intrinsic value, rather the have exchange value. Which means 50naira doesn't mean its value is 50naira but you can exchange it for goods and services. A country like Zimbabwe couldn't understand this simple economics and they went ahead to produce more and more currencies, at the end what still happened? Well even a pen ended up costing thousands of Zimbabwe dollars and a bread was sold for as high as $2million{Zimbabwe dollars}. Their inflation rate rise to about 80 billion percent. Funny.

And everybody in Zimbabwe instantly became a billionaire{ poor billionaires}
What if the United States keep printing dollars
PoliticsRe: How Buhari Ruined Nigeria In 1Year In Pictures - PDP by MAGNETIC(m): 3:30pm On May 31, 2016
DRISKLEF:
PDP should rather be ashamed of themselves. I'm not a fanatic of any of the parties neither am i in support of the mis-rule by this present administration but i think what we need from the PDP right now is criticisms that are 'pretty much', very constructive.

PDP doesn't have any moral jurisdiction or whatsoever to start calling or pointing fingers when they've been the ones in power for about 16years now and nothing to show for it. I think these guys are all thesame and if at-all they really want to make-up for their mistakes - they should start taking steps that'll convince the populace by first; being a credible opposition and by suggesting lasting solutions to the problems we're presently in.

One.
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