caprini1:
10 things to do if MMM don't come back in January.

Mujtahida:

My brother it's pathetic how ignorant people are as regards the fact that banks create money out of thin air through fiat money and fractional reserve banking, lend that same money and charge interest on it and on and on like that relying basically on human ignorance and faith. People do not realise that the banks are ponzi schemes of giant proportions. That banisters have repeatedly caused economic meltdowns, financial hardships to people than any fraudster or group of thieves. MMM might crash but I applaud the principle.

Aqva:


Yet you depend on MMM for your keep. Go and ask for a refund of your fees. Olodo.

Mujtahida:

But I didn't insult you or anybody naw my brother. Please do your research. I was responding to the comment of someone who is in the know. Have you heard of federal reserve bank, do you know how central banks came to be, have you heard about the running battles several American presidents have waged against the banksters-Jefferson, Andrew Jackson, Lincoln, Mckinley etc? Do you know the history of money or what money is? Do you know who caused several wars and economic depressions in the world? Have you heard about social credit? Why are you so quick to spew insult. Do you have self respect? Be careful.

adedehinbo:
we warned them they tagged us bad belle,who is crying now?me or u hahaaahaaa

Annalise:


Bruh.. Banks are not ponzi schemes. They are incorporated companies who have board of directors and shareholders that vote. These are the ways a bank makes money apart from interest: Equity ( shareholders and increase in share prices which increases goodwill and capitalisation), assets like receivables and cash. Sale and leaseback of fixed assets, finance and mortgage transactions, treasury bills and discounted securities, government grants, foreign exchange gains, etc. These are ways that banks are different from ponzi schemes. A ponzi scheme can't create a balance sheet because there are no assets. No liabilities. No equity. The asset is the same as the liability and also the same as the capital. If a bank goes under due to liquidity problems, you look at its assets and start selling them off to pay back investors. You start with the creditors and the shareholders are usually the last because they bare the most risk. If a ponzi scheme goes under, that's the end. No assets to sell, no identifiable creditors. I have never heard of a bank going under and not being able to settle at least, it's creditors. If this happens, then there is extensive fraud in the financial statements and someone usually ends up in prison.

bozz007:


Sincere apologies for the insult.

But I feel it's not right to mention banks in the same sentence as Ponzi schemes. In as much as we know that banks have been reaping people off since inception, they have never promised anyone outrageous returns on their investments which is the major characteristic of Ponzi schemes.

Yes, banks borrowing from Peter to lend to Paul is somehow similar to the mode of Ponzi schemes but they do not promise Peter any outrageous returns (savings accounts attract meagre 3% and current accounts 0%)

Banks incomes even go beyond borrowing alone, though it's a considerable chunk of their revenue but it's not the only source.

Annalise:


No rationality, no logic. I'm perplexed too but I have seen where 7000 Nigerians wore asoebi, packed their bags and went to wait at the National theatre for their flight to Canada. There's nothing that can surprise me again.

Ugosample:


You don't mean it

sleekender:
Within the next couple of weeks, this is what you all will receive from MMM. This is based on experiences from Uganda, Russia & South Africa.






Dear participants!

Unfortunately, the persecution against MMM organized by the mass media has provoked a panic. We have been working in Nigeria for almost 1 year and we have millions of members. During all that time, we had no complaints and accusations from participants, everything was paid to everyone in time and in full amount, by 30% per month. We held charity events and helped children. We did a lot of useful things for people! Well, who was suffering from this?

The bankers and the adherents of the current unjust financial system. That is why they planned and brought all these crazy investigations and persecution in the mass media. “The only thing which prevents the investigation is the fact that non of the participants reported to the police”. If there are no complaints, and everybody is happy, then what is the investigation for? What is the subject? Did not they understand the consequences? Did not they understand that their irresponsible actions would hurt people? Millions of people! Well, try oppressing any bank, even the most reliable one, in the same way, and see what will happen tomorrow.

However, it is futile to explain that to them. MMM prevents banks from robbing people, that is the only reason why all this is happening. And nobody cares about people. If we managed to pay millions of participants 30% per month for two years (and would still be paying, if the mass media did not lie about MMM!), why do banks not do the same? Why do they offer only a few percents a year? Make your own conclusions. Thought everything is clear right now. You are simply robbed, we have always been saying it. The modern financial system is predatory by nature. It is not for ordinary people, it is for the bankers. Its purpose is financial slavery! And it achieves this purpose perfectly.

In general, in this situation, we have to start all over again. We have no choice. You can see on your own what is happening.

Hence,

The current (“old”) Mavros are frozen. Any operations with them are impossible.
With the development of the system, we will send 10% of the total inflow (of all the PHs) to pay for the “old” Mavro. According to the experience of other countries, we can definitely say that in the normal course of events, all the old Mavro debts will be paid off in about six months.
“New” Mavros (Mavro bought from the moment of this announcement) are introduced. You can use them on a common basis: to ‘acquire’ and ‘withdraw’ them at any time.
All of this, of course, is not very nice, but it’s not the end of the world. We will quickly pay off “old” Mavro debts, no doubt about it. You just have to wait. (And anyway, you can thank your precious media and banks for this “gift”!). The best thing you can do is just to start participating again, that is all. And you will quickly return everything, even with a benefit. Moreover, now is the most favorable time to participate and invite: in fact, everything starts from the beginning. So do not miss your chance! :-))

We hope for your understanding, Administration.

Judolisco:
Make una chill till next year now how many days remain if by next year dem no come cooperate make una come start wailing proper

hardon1:
seriously, any programmer with a good hyip/online donation script like mmm, pls come lets collabo. I want to open my own online donation website.

Seriously speaking

Tynasparks:
winks

morganist99:
can I DM you a wink...lol

Praktikals:
Full meaning of MMM: Mogbe Moku Modaran!

Praktikals:
Full meaning of MMM: Mogbe Moku Modaran!