₦airaland Forum

Africa is sitting on a ticking time bomb—$35 billion worth of Eurobond debt


http://www.newshelm.com/2016/05/nigeria-is-8th-on-eurobond-debt-list.html

cc lalasticlala

And someone will still come to tell us Africans are no more colonized by the Europeans!

We are still under the modern form of colonialism!

I can precisely say that the Devil lived in Africa because I don't see any other reason for our profound backwardness.

Iweala and her transformation team.
$120 a barrel but they still sold us down the river

Lord give Buhari wisdom & understanding to rule well and restore back our lost glory!

Tolexander:
And someone will still come to tell us Africans are no more colonized by the Europeans!

We are still under the modern form of colonialism!

Its called neo-colonialism. The white man is ever full of ever changing ways to imprison the minds of Africans.

Pls show us America's bond debt

Emekamex:
I can precisely say that the Devil lived in Africa because I don't see any other reason for our profound backwardness.

I think when God cast the devil from heaven, he landed on africa.

See the truth is this the West will never allow Africa develop.. . Why?? What is development?? Being able to use ur resources to achieve ur goal

Now see this, Africa has 70% of the world resources, so if we make use of this what will the West use?? They will depend on us for almost everything, there companies would collapse and mass unemployment in the Europe and America

So if Africa must develop, she must first flight for it the way she fought for independence, if possible become one United nation, instead of trying to disintegrate into smaller nations that are easy prey for these real theifs

WildChild00:
Lord give Buhari wisdom & understanding to rule well and restore back our lost glory!

Carry Your Buhari go that Side….

This is an ignorant thread.

Debt is sn instrument for development if used appropriately. Being number 8 is not bad considering how big our GDP is.

kayfra:
This is an ignorant thread.

Debt is sn instrument for development if used appropriately. Being number 8 is not bad considering how big our GDP is.

Thanks for saving me the stress of typing. We have a lot of ignorant people in Nigeria. What I would imagine an intelligent person to do is google Eurobond for good understanding.

If you ask me this is even a good time to borrow from the Eurozone, they have negative to little interest rate.