₦airaland Forum

Sankara is lucky he died early. Leaders that adopted marxism or communism - like Kwame, Mengistu, Nyerere - all collapsed their economy, refused IMF help and eventually were overthrown. Only Nyerere bucked the trend - and admitted failure, resigned, went home with his bicycle and retired. He had made everyone poor himself included.

IMF only comes after you've 'screwed'; they are the receiver manager; they are not coming to be liked; they are coming to give you very serious cancer like treatment - a mix of radiotherapy and chemotherapy - that will you half-dead - but you were dying anyway. It igives you a chance to live again.

The trick is never to get economic cancer - otherwise IMF will come with radio-and-chemo therapy. At worst - run to IMF as soon as early signs show up - otherwise treatment regime will be rough and chance of beating it minimal.

Zim will take another 30yrs to recover..just wait and see.

Abohboy:
He didn't collapse their economy though and of course he refused help from IMF how have they helped so far? You're aware that the complete collapse of the Naira was due to IMF recommended changes to our currency and fiscal policies and it was those changes that recked my family's business which had been going on since the 1920s the IMF is not your friend and they're not helpful, Sankara knew this and he did a lot for Burkina Faso without their help increased literacy, built thousands of schools vaccinated millions, built railways and roads, reduced salaries of government officials and operating costs of the government and greatly reduced their foreign debt and guess what? He was a Marxist just like Kwame Nkrumah

rvp20182:
Sankara is lucky he died early. Leaders that adopted marxism or communism - like Kwame, Mengistu, Nyerere - all collapsed their economy, refused IMF help and eventually were overthrown. Only Nyerere bucked the trend - and admitted failure, resigned, went home with his bicycle and retired. He had made everyone poor himself included.

IMF only comes after you've 'screwed'; they are the receiver manager; they are not coming to be liked; they are coming to give you very serious cancer like treatment - a mix of radiotherapy and chemotherapy - that will you half-dead - but you were dying anyway. It igives you a chance to live again.

The trick is never to get economic cancer - otherwise IMF will come with radio-and-chemo therapy. At worst - run to IMF as soon as early signs show up - otherwise treatment regime will be rough and chance of beating it minimal.

Zim will take another 30yrs to recover..just wait and see.

Nigeria's currency at the time was stronger then the dollar and our manufacturing industry was booming and we were starting to industrialize with the construction of Ajaokuta and an SGR then came a military coup and an IMF intervention for no reason and the everything collapsed for Nigeria

Marxism isn't bad once again China and Russia exist and nothing bad was happening with Sankara and nothing was going to happen to him he was doing great things for his country and developing it very quickly he was taken out by a foreign backed coup by his friend who then went on to be a dictator and destroy all infrastructure and progress that started under Sankara even look at Lumumba he tried to nationalize the resources of DRC and keep the profits inside the country and the west starts a crisis and assasinates him they're against any progress in Black Africa why do you think they're supporting the dissolution of Nigeria and at the same time are supporting Buhari? I'm not necessarily a marxist but I definitely support the sensible African ones like Sankara, Nkrumah and Lumumba who actually tried to develop Africa

Vlain:
My thought too exactly. That takes a lot of analytical thinking and deep psychological experience to conjure up.from the way he write that is obviously above his Paygrade. Albeit the post described the Saddam guy 100%.

Of course, Saddam and Kikuyu.
Those guys are lost.

Obiano13:
Of course you'd comeout in defense of a flat earther seeing that you are one yourself

You've not been following.
How can a sane person be a flat earther?

Abohboy:
Nigeria's currency at the time was stronger then the dollar and our manufacturing industry was booming and we were starting to industrialize with the construction of Ajaokuta and an SGR then came a military coup and an IMF intervention for no reason and the everything collapsed for Nigeria

Marxism isn't bad once again China and Russia exist and nothing bad was happening with Sankara and nothing was going to happen to him he was doing great things for his country and developing it very quickly he was taken out by a foreign backed coup by his friend who then went on to be a dictator and destroy all infrastructure and progress that started under Sankara even look at Lumumba he tried to nationalize the resources of DRC and keep the profits inside the country and the west starts a crisis and assasinates him they're against any progress in Black Africa why do you think they're supporting the dissolution of Nigeria and at the same time are supporting Buhari? I'm not necessarily a marxist but I definitely support the sensible African ones like Sankara, Nkrumah and Lumumba who actually tried to develop Africa

Wait a bit, brother.
Why are the Ghanaians here not defending Nkrumah the way you are doing? Probably, he isn't fondly remembered in Ghana today.

IMF doesnt intervene for no reason. IMF intervention started in 1945s - with Europe - and they had to undertake painful reforms - including letting go of colonies.

IMF only intervenes if a country is going through economic crisis.

This is not to discount the US-USSR machination in Africa and rest of the world during the cold war era.

Abohboy:
Nigeria's currency at the time was stronger then the dollar and our manufacturing industry was booming and we were starting to industrialize with the construction of Ajaokuta and an SGR then came a military coup and an IMF intervention for no reason and the everything collapsed for Nigeria

Marxism isn't bad once again China and Russia exist and nothing bad was happening with Sankara and nothing was going to happen to him he was doing great things for his country and developing it very quickly he was taken out by a foreign backed coup by his friend who then went on to be a dictator and destroy all infrastructure and progress that started under Sankara even look at Lumumba he tried to nationalize the resources of DRC and keep the profits inside the country and the west starts a crisis and assasinates him they're against any progress in Black Africa why do you think they're supporting the dissolution of Nigeria and at the same time are supporting Buhari? I'm not necessarily a marxist but I definitely support the sensible African ones like Sankara, Nkrumah and Lumumba who actually tried to develop Africa

obaaderemi:
Wait a bit, brother.
Why are the Ghanaians here not defending Nkrumah the way you are doing? Probably, he isn't fondly remembered in Ghana today.

He is

Nkrumah dont really need defending, his great works speaks for him...
This Kenyan think Nkrumah thinks like his myopic leaders who only think about their stomach...

Nkrumah is celebrated as the greatest African even by Kenyans themselves.
All the stooges in Kenya, that he call leaders, all celebrate Nkrumah.

So just allow the Kenyan Lunatic who hasn't read wide to keep posting his usual nonsense

This is how Kenyans think and that is why they are mostly poor
#below

Just30:
He is

Nkrumah dont really need defending, his great works speaks for him...
This Kenyan think Nkrumah thinks like his myopic leaders who only think about their stomach...

Nkrumah is celebrated as the greatest African even by Kenyans themselves.
All the stooges in Kenya, that he call leaders, all celebrate Nkrumah.

So just allow the Kenyan Lunatic who hasn't read wide to keep posting his usual nonsense

This is how Kenyans think and that is why they are mostly poor
#below

Syntax Error all the way as answers?

obaaderemi:
Syntax Error all the way as answers?

obaaderemi:
Wait a bit, brother.
Why are the Ghanaians here not defending Nkrumah the way you are doing? Probably, he isn't fondly remembered in Ghana today.

Maybe but the Ghanaians I know of respect him and so do my other family members that read up on these topics all I know is Sankara at least was a great leader

rvp20182:
IMF doesnt intervene for no reason. IMF intervention started in 1945s - with Europe - and they had to undertake painful reforms - including letting go of colonies.

IMF only intervenes if a country is going through economic crisis.

This is not to discount the US-USSR machination in Africa and rest of the world during the cold war era.

Then why did IMF intervention destroy Nigeria's economy and currency? If their interventions are helpful and needed?

Abohboy:
Then why did IMF intervention destroy Nigeria's economy and currency? If their interventions are helpful and needed?

Dont expect a sensible answer for this

He is celebrated in Africa, rightly so, for his anti-colonial fight and pan-Africanism; but Ghana themselves know why they had to expel him and he died in exile. He collapsed the economy, forced military rule on Ghana for 30yrs and etc through his misplaced priorities..Ghana is yet to fully recover.

Not everything is mutually exclusive. His early heroic feats were later undone by taking the wrong turn economically.

Mugabe is celebrated as hero for the same reason - but to his fellow Zim - he is a villain - a guy who eventually screwed their economy.

Just30:
He is

Nkrumah dont really need defending, his great works speaks for him...
This Kenyan think Nkrumah thinks like his myopic leaders who only think about their stomach...

Nkrumah is celebrated as the greatest African even by Kenyans themselves.
All the stooges in Kenya, that he call leaders, all celebrate Nkrumah.

So just allow the Kenyan Lunatic who hasn't read wide to keep posting his usual nonsense

This is how Kenyans think and that is why they are mostly poor
#below

Abohboy:
Nigeria's currency at the time was stronger then the dollar and our manufacturing industry was booming and we were starting to industrialize with the construction of Ajaokuta and an SGR then came a military coup and an IMF intervention for no reason and the everything collapsed for Nigeria

Marxism isn't bad once again China and Russia exist and nothing bad was happening with Sankara and nothing was going to happen to him he was doing great things for his country and developing it very quickly he was taken out by a foreign backed coup by his friend who then went on to be a dictator and destroy all infrastructure and progress that started under Sankara even look at Lumumba he tried to nationalize the resources of DRC and keep the profits inside the country and the west starts a crisis and assasinates him they're against any progress in Black Africa why do you think they're supporting the dissolution of Nigeria and at the same time are supporting Buhari? I'm not necessarily a marxist but I definitely support the sensible African ones like Sankara, Nkrumah and Lumumba who actually tried to develop Africa

SERIOUSLY!? I know a lot of you think those mantras about the bourgeoisie and workers are "cool" but those isms are just a cover for mass murder and theft!
Tell a 50 + yrs Russian or E European the joys of Marxist dogma and see what happens. One of the PROBLEMS with this thread is posters know NOTHING but false doctrines and MSM B.S.
Fyi, all those heroes of Socialism, Lenin,Stalin,Mao, Che and the lesser lights like Trotsky, Molotov, Bela Kun etc, etc were mainly crypto Jewish mass murderers, homos and perverts.

rvp20182:
He is celebrated in Africa, rightly so, for his anti-colonial fight and pan-Africanism; but Ghana themselves know why they had to expel him and he died in exile. He collapsed the economy, forced military rule on Ghana for 30yrs and etc through his misplaced priorities..Ghana is yet to fully recover.

Not everything is mutually exclusive. His early heroic feats were later undone by taking the wrong turn economically.

Mugabe is celebrated as hero for the same reason - but to his fellow Zim - he is a villain - a guy who eventually screwed their economy.

In Ghana, He is well-loved and celebrated

Ghana economy was doing well for almost 10 good years after he left, the CIA forced military rule on Ghana..

Nkrumah never took a wrong turn ...

Nkrumah ambitious plans which were all financially sound made Ghana a fertile ground for the import of foreign workers because there was an abundance of work.. And a lot of Ghanaians were lifted out of poverty

Can you tell me when, in the economic life of Kenya, that it was this successful ?

I dont know enough of Nigeria economy and currency devaluation then but I can tell you IMF template is very similar. You only call IMF when you're bankrupt or about to be bankrupt. World Bank is a development bank - but IMF is the bank of the last resort.

When IMF jets in - it's coming to make painful unpopular decision - that your gov has been unable to make. IMF cannot recommend currency devaluation if you currency is strong. It can only do so if you're having serious issues. If you currency is over-valued; it will be devalued;

For example IMF came to kenya in 1990s - this after our almost economic collapse in 1993. Donors who were then funding our budget upto 60 percent - decided to withdraw funding. Donors were like our oil sector. I can imagine the same crisis would unfold in Nigeria if oil prices were to collapse...and suddenly you gov has haircut of 60 percent.

Without donor funding - kenya gov had no forex - to meet it's import obligation and pay debts - and only option was to devalue the currency.

To devalue the currency that basically mean you print local money; you print Naira or Kshs; so you can repay local debt; you also make your export cheaper; so you can spur international trade.

Obviously IMF has and does get wrong - because economics is a art - no science.

Now how do you stop IMF currency devaluation; if that is your biggest problem; simple freely float your Naira; and it will find it's own base; right now black market rate is 500 to a dollar; and gov rate is 380 dollar; That tells you Naira is OVERVALUED and should be devalued further.

But if you freely float; the market will decide; if you open the economy; you can keep IMF away. If you improve local tax collection; improve local debt market; you keep IMF away.

Bottomline: IT STUPID TO BLAME IMF; BLAME NIGERIA GOV for screwwing your economy. IMF saved your economy - and sadly it still oil dependant - and we wake up tomorrow - to another OIL CRUSH - you'll be in total chaos.

Abohboy:
Then why did IMF intervention destroy Nigeria's economy and currency? If their interventions are helpful and needed?

Nkrumah screwed your economy, he couldnt pay army, and they overthrow him.
Kenya is a unique success story, that due to it's prudent economic management, avoided military rule and survived many problems in those era.
Ghana from 1960 through to 1990s - had average growth rate 2 percent - I think. It was HOPELESS. And yet it had minerals - gold, diamond, bauxite, etc.

Now move to Kenya - Kenya early realized the importance of having the right economic policy - we choose what we called Africa socialisms - this was market economy based on capitalism with cooperative movement.

And what was the results - Kenya grew from 1963 to 1982/64 - global crisis - at average of nearly 7 percent gdp growth rate. In fact by 1975 our finance minister - had been named Times Newspaper as Man of the Year.

We were going hammer to hammer with South Asians tigers...like Singapore, Taiwan, etc.

But by mid 1980s - we realize - our biggest mistake - we were also the fastest growing in population. Our women were averaging 8-10 kids.

We embarked on population and family planning....we got into major problems in 90s...but recovered from 2003.

Mwai Kibaki - though aged - would come back to recover the economic momentum - and kenya has been growing since then - bar COVID and election violence.

Just30:
In Ghana, He is well-loved and celebrated

Ghana economy was doing well for almost 10 good years after he left, the CIA forced military rule on Ghana..

Nkrumah never took a wrong turn ...

Nkrumah ambitious plans which were all financially sound made Ghana a fertile ground for the import of foreign workers because there was an abundance of work.. And a lot of Ghanaians were lifted out of poverty

Can you tell me when, in the economic life of Kenya, that it was this successful ?

rvp20182:
Nkrumah screwed your economy, he couldnt pay army, and they overthrow him.
Kenya is a unique success story, that due to it's prudent economic management, avoided military rule and survived many problems in those era.
Ghana from 1960 through to 1990s - had average growth rate 2 percent - I think. It was HOPELESS. And yet it had minerals - gold, diamond, bauxite, etc.

Now move to Kenya - Kenya early realized the importance of having the right economic policy - we choose what we called Africa socialisms - this was market economy based on capitalism with cooperative movement.

And what was the results - Kenya grew from 1963 to 1982/64 - global crisis - at average of nearly 7 percent gdp growth rate. In fact by 1975 our finance minister - had been named Times Newspaper as Man of the Year.

We were going hammer to hammer with South Asians tigers...like Singapore, Taiwan, etc.

But by mid 1980s - we realize - our biggest mistake - we were also the fastest growing in population. Our women were averaging 8-10 kids.

We embarked on population and family planning....we got into major problems in 90s...but recovered from 2003.

Okay have a good night while reading to learn more about Nkrumah

Imma spend my time having good vibes with my sweet babe than waste it on a lunatic

rvp20182:
Learn to manage your time. No everyone is in your time zone.

Sorry I dont have time to spend on Lunatics

I only spend it on sensible and important people because I dont have much of it


Since you are bored, I suggest you throw a changaa party with your fellow mau maus

Nkrumah the demagogue can never be equal to Tom Mboya

https://www.youtube.com/watch?v=W0B60s5NiJw

Kwame the demagogue could never wash Mboya shoes. Tom Mboya achieved so much and died in his 30s.

Mboya's intelligence, charm, leadership, and oratory skills won him admiration from all over the world.[1] He gave speeches, participated in debates and interviews across the world in favour of Kenya's independence from British colonial rule. He also spoke at several rallies in the goodwill of the civil rights movement in the United States.[4] In 1958, at the age of 28, Mboya was elected Conference Chairman at the All-African Peoples' Conference convened by Kwame Nkrumah of Ghana.[5] He helped build to the Trade Union Movement in Kenya, Uganda and Tanzania, as well as across Africa. He also served as the Africa Representative to the International Confederation of Free Trade Unions (ICFTU). In 1959, Mboya called a conference in Lagos, Nigeria, to form the first All-Africa ICFTU labour organization.[6]

Mboya worked with both John F. Kennedy and Martin Luther King Jr. to create educational opportunities for African students, an effort that resulted in the Kennedy Airlifts of the 1960s enabling East African students to study at American colleges. Notable beneficiaries of this airlift include Wangari Maathai and Barack Obama Sr. In 1960, Mboya was the first Kenyan to be featured on the front page cover of Time magazine in a painting by Bernard Safran.[7]


https://www.youtube.com/watch?v=HO66s4oQuxk&t=425s

Mboya and Mwai Kibaki wrote Kenya's Africa Socialism and It application to planning in kenya in 1965 - that led to very high growth rate rivalling Asian tigers and had Kibaki named the Finance Minister of the Year in 70s

http://repository.kippra.or.ke/bitstream/handle/123456789/2345/AFRICAN-SOCIALISM-AND-ITS-APPLICATION-TO-PLANNING-IN-KENYA.pdf?sequence=6&isAllowed=y

obaaderemi:
You've not been following.
How can a sane person be a flat earther?

are you calling yourself a 'sane' person?

kikuyu1:
SERIOUSLY!? I know a lot of you think those mantras about the bourgeoisie and workers are "cool" but those isms are just a cover for mass murder and theft!
Tell a 50 + yrs Russian or E European the joys of Marxist dogma and see what happens. One of the PROBLEMS with this thread is posters know NOTHING but false doctrines and MSM B.S.
Fyi, all those heroes of Socialism, Lenin,Stalin,Mao, Che and the lesser lights like Trotsky, Molotov, Bela Kun etc, etc were mainly crypto Jewish mass murderers, homos and perverts.

This jewish bs again idgaf about your conspiracy theories and all those people you listed I don't respect them and we don't need to follow the paths of those in China and Russia to achieve the same progress the best example I can give are Sankara and Lumumba what exactly did they do that's so wrong please explain to me how marxism made them Jewish paybots?

rvp2018:
Mboya and Mwai Kibaki wrote Kenya's Africa Socialism and It application to planning in kenya in 1965 - that led to very high growth rate rivalling Asian tigers and had Kibaki named the Finance Minister of the Year in 70s

http://repository.kippra.or.ke/bitstream/handle/123456789/2345/AFRICAN-SOCIALISM-AND-ITS-APPLICATION-TO-PLANNING-IN-KENYA.pdf?sequence=6&isAllowed=y

So now marxism is good?

rvp20182:
I dont know enough of Nigeria economy and currency devaluation then but I can tell you IMF template is very similar. You only call IMF when you're bankrupt or about to be bankrupt. World Bank is a development bank - but IMF is the bank of the last resort.

When IMF jets in - it's coming to make painful unpopular decision - that your gov has been unable to make. IMF cannot recommend currency devaluation if you currency is strong. It can only do so if you're having serious issues. If you currency is over-valued; it will be devalued;

For example IMF came to kenya in 1990s - this after our almost economic collapse in 1993. Donors who were then funding our budget upto 60 percent - decided to withdraw funding. Donors were like our oil sector. I can imagine the same crisis would unfold in Nigeria if oil prices were to collapse...and suddenly you gov has haircut of 60 percent.

Without donor funding - kenya gov had no forex - to meet it's import obligation and pay debts - and only option was to devalue the currency.

To devalue the currency that basically mean you print local money; you print Naira or Kshs; so you can repay local debt; you also make your export cheaper; so you can spur international trade.

Obviously IMF has and does get wrong - because economics is a art - no science.

Now how do you stop IMF currency devaluation; if that is your biggest problem; simple freely float your Naira; and it will find it's own base; right now black market rate is 500 to a dollar; and gov rate is 380 dollar; That tells you Naira is OVERVALUED and should be devalued further.

But if you freely float; the market will decide; if you open the economy; you can keep IMF away. If you improve local tax collection; improve local debt market; you keep IMF away.

Bottomline: IT STUPID TO BLAME IMF; BLAME NIGERIA GOV for screwwing your economy. IMF saved your economy - and sadly it still oil dependant - and we wake up tomorrow - to another OIL CRUSH - you'll be in total chaos.

Bro you're an idiot the IMF is not your friend and Nigeria didn't gp to them they came to us and gave us recommendations to strengthen our currency which was already one of the strongest in the world at the time even stronger then the dollar and pound we followed these recommendations and over night the naira went from 80 kobo to 1 dollar ( Kobo is like cents ) to 1 dollar to 20 naira because of IMF recommendations the west is not your friend and never will be when working with them tread lightly.

when will you have something sensible to say? At least for once? Fuckeduppedness

[s]

rvp2018:
Kwame the demagogue could never wash Mboya shoes. Tom Mboya achieved so much and died in his 30s.

Mboya's intelligence, charm, leadership, and oratory skills won him admiration from all over the world.[1] He gave speeches, participated in debates and interviews across the world in favour of Kenya's independence from British colonial rule. He also spoke at several rallies in the goodwill of the civil rights movement in the United States.[4] In 1958, at the age of 28, Mboya was elected Conference Chairman at the All-African Peoples' Conference convened by Kwame Nkrumah of Ghana.[5] He helped build to the Trade Union Movement in Kenya, Uganda and Tanzania, as well as across Africa. He also served as the Africa Representative to the International Confederation of Free Trade Unions (ICFTU). In 1959, Mboya called a conference in Lagos, Nigeria, to form the first All-Africa ICFTU labour organization.[6]

Mboya worked with both John F. Kennedy and Martin Luther King Jr. to create educational opportunities for African students, an effort that resulted in the Kennedy Airlifts of the 1960s enabling East African students to study at American colleges. Notable beneficiaries of this airlift include Wangari Maathai and Barack Obama Sr. In 1960, Mboya was the first Kenyan to be featured on the front page cover of Time magazine in a painting by Bernard Safran.[7]


https://www.youtube.com/watch?v=HO66s4oQuxk&t=425s

[/s]

rvp20182:
Sankara is lucky he died early. Leaders that adopted marxism or communism - like Kwame, Mengistu, Nyerere - all collapsed their economy, refused IMF help and eventually were overthrown. Only Nyerere bucked the trend - and admitted failure, resigned, went home with his bicycle and retired. He had made everyone poor himself included.

IMF only comes after you've 'screwed'; they are the receiver manager; they are not coming to be liked; they are coming to give you very serious cancer like treatment - a mix of radiotherapy and chemotherapy - that will you half-dead - but you were dying anyway. It igives you a chance to live again.

The trick is never to get economic cancer - otherwise IMF will come with radio-and-chemo therapy. At worst - run to IMF as soon as early signs show up - otherwise treatment regime will be rough and chance of beating it minimal.

Zim will take another 30yrs to recover..just wait and see.

Imagine defending the IMF. Last time I checked the IMF loves privatizing state owned industries when we can’t pay back their ridiculously expensive loans. Why do you think many countries in the global south prefer Chinas Investments over theirs. The IMF literally tried to privatize Nigeria’s water at one point. These neo liberals order the IMF forces on us isn’t even done in western countries. You don’t see them privatizing essential social services like the IMF forces us to do. There are so many data that shows how the IMF is holding many African countries back. While u talk shit on communism we are richer than North Korea will ever be but North Koreans are living longer than us Nigerians.

There is nothing marxist about kenya or Africa socialism. Cooperation or socialism is different from communism or marxism. Kenya for example has Africa leading and seventh world cooperative movement. Any communism that is voluntary is socialism - just like Kenya cooperative movement - where people come together, pull resources together and achieve economies of scale - voluntarily.

Communism is where gov forces everyone to cooperate. It just never works. It breed laziness.

Abohboy:
So now marxism is good?

rvp2018:
There is nothing marxist about kenya or Africa socialism. Cooperation or socialism is different from communism or marxism. Kenya for example has Africa leading and seventh world cooperative movement. Any communism that is voluntary is socialism - just like Kenya cooperative movement - where people come together, pull resources together and achieve economies of scale - voluntarily.

Communism is where gov forces everyone to cooperate. It just never works. It breed laziness.

Communism is bad and can never work

Socialism has a chance at working depending on the severity of it

Nobody want IMF. Not Greece. Not Argentina. Not Nigeria. Not Kenya. IMF are invited when your have mismanaged your country so much it's in a state of collapse.

Never invite IMF - stay away from it. They are like receiver-manager. They are not coming to be nice to your or to develop your country. They are coming to stablize the economy, force your to pay some debt back and give your very painful injections.

When you're under IMF - the last thing you want to think about is development.

China loans DO NOT OPERATE IN SAME SPACE WITH IMF.

China loans compete with World Bank. And Indeed they are better. Compare China loan with WB, ADB and such development banks.

Hueman:
Imagine defending the IMF. Last time I checked the IMF loves privatizing state owned industries when we can’t pay back their ridiculously expensive loans. Why do you think many countries in the global south prefer Chinas Investments over theirs. The IMF literally tried to privatize Nigeria’s water at one point. These neo liberals order the IMF forces on us isn’t even done in western countries. You don’t see them privatizing essential social services like the IMF forces us to do. There are so many data that shows how the IMF is holding many African countries back. While u talk shit on communism we are richer than North Korea will ever be but North Koreans are living longer than us Nigerians.