₦airaland Forum

rozayx5:
the way NL is pushing any blog link about this stuff to frontpage is worrisome.


this news is fake

kycilae:
Nairaland why are you like this. U ppl are now supporting media. Seun i see u loosing loosing ur place in blog ranking

cramjones:
As always, I would comment on contemporary issues that affect the Nigerian populace. All for love of Nigeria. Even though I believe that Nigeria as it stands is close to a failed state, we can all do more through visionary leadership to emancipate our country from the cesspit that has gutted it. That said, I have followed closely the MMM phenomenon since it came to my attention, and as it is normal of my analytical mind, I have taken time to study the trend, review historical facts, and all other data available to me. After this review I have therefore, come to the following conclusions on the fate of MMM.

1. For those that are hoping MMM would suddenly resurface in January because the Nigerian planter's wife said so in a note, are definitely setting themselves up for depression. Nothing of such would happen. This is the deal, MMM is not an investment it is a gamble. The money is only redistributed therefore the system would crash when two conditions occur - something that has already taken place - and these conditions are as follows:

-When new comers or "help providers" exceeds those who want to receive "help" it sets the stage for a crash

-When those withdrawing exceeds a critical amount needed to keep it rolling regardless of the number of people joining, then the system would crash.

I believe these two conditions have been met. Christmas time is a time no one wants to give money, rather they want to be helped, with the overwhelming withdrawals that far exceeded the "help providers" the system had to be shut down, because money does not grow on trees.

2. If MMM ever have a blinker to open, which I doubt very much in January as stated in their later, there would be a state of panic withdrawals, and there would be sharp decline of the new people that would have otherwise joined. This panic withdrawals, would lead the MMM handlers to shut it down completely and take with them whatever is left of the system.

3. The other reason MMM had to shut down early December is more likely than not to ensure maximum "cash outs" by the handlers. At this time there is an all time high of money in the system because people put in most of what they had to ensure they get good cash for the Christmas, this high would not happen any other time of the year, so this was the best time for the handlers to cash out big, and I believe they already did.

Finally, the MMM phenomenon further shows the failed system of Nigeria. This system only flourishes in this magnitude in failed countries. It thrived in Russia during the collapse of the Soviet Union, failed Zimbabwe, thrived in failed parts of South Africa, like Soweto. People have lost hope in any decent labor or lack of jobs thereof. Other are greedy and sometimes plain dumb.

Good luck to everyone "waiting" in trepidation to get help. I wish you luck.

God Bless the Federal Republic of Nigeria

-CramJones

cramjones:
As always, I would comment on contemporary issues that affect the Nigerian populace. All for love of Nigeria. Even though I believe that Nigeria as it stands is close to a failed state, we can all do more through visionary leadership to emancipate our country from the cesspit that has gutted it. That said, I have followed closely the MMM phenomenon since it came to my attention, and as it is normal of my analytical mind, I have taken time to study the trend, review historical facts, and all other data available to me. After this review I have therefore, come to the following conclusions on the fate of MMM.

1. For those that are hoping MMM would suddenly resurface in January because the Nigerian planter's wife said so in a note, are definitely setting themselves up for depression. Nothing of such would happen. This is the deal, MMM is not an investment it is a gamble. The money is only redistributed therefore the system would crash when two conditions occur - something that has already taken place - and these conditions are as follows:

-When new comers or "help providers" exceeds those who want to receive "help" it sets the stage for a crash

-When those withdrawing exceeds a critical amount needed to keep it rolling regardless of the number of people joining, then the system would crash.

I believe these two conditions have been met. Christmas time is a time no one wants to give money, rather they want to be helped, with the overwhelming withdrawals that far exceeded the "help providers" the system had to be shut down, because money does not grow on trees.

2. If MMM ever have a blinker to open, which I doubt very much in January as stated in their later, there would be a state of panic withdrawals, and there would be sharp decline of the new people that would have otherwise joined. This panic withdrawals, would lead the MMM handlers to shut it down completely and take with them whatever is left of the system.

3. The other reason MMM had to shut down early December is more likely than not to ensure maximum "cash outs" by the handlers. At this time there is an all time high of money in the system because people put in most of what they had to ensure they get good cash for the Christmas, this high would not happen any other time of the year, so this was the best time for the handlers to cash out big, and I believe they already did.

Finally, the MMM phenomenon further shows the failed system of Nigeria. This system only flourishes in this magnitude in failed countries. It thrived in Russia during the collapse of the Soviet Union, failed Zimbabwe, thrived in failed parts of South Africa, like Soweto. People have lost hope in any decent labor or lack of jobs thereof. Other are greedy and sometimes plain dumb.

Good luck to everyone "waiting" in trepidation to get help. I wish you luck.

God Bless the Federal Republic of Nigeria

-CramJones

Fabulocity:

[color=#770066]see them on this thread still hanging desperately onto little strings of hope. Don't let anyone kid you,it has crashed. This frozen talk is nothing but damage control.Y'all should take heart and be strong and please stay away from ropes.

stage1: Denial.√

This is what you get when you engage in ponzi schemes. [/color]

MARKone:
Which one be gongnews again all these fake a$$ bloggers. MMM has not crashed! Participants need to ignore this Media war, we all need to be strong this trying period, PH if you can.

When they were busy selling off property and borrowing money to "invest" in this, did they call to ask for my advise? When they were busy being greedy, they did not ask for my sympathy na now the whole thing has dabaru and I'm being nice to tell them to avoid ropes this period

calliope:
This isn't a time to gloat ehn? Peoples life are on the line. Where are thou sympathy

cramjones:
As always, I would comment on contemporary issues that affect the Nigerian populace. All for love of Nigeria. Even though I believe that Nigeria as it stands is close to a failed state, we can all do more through visionary leadership to emancipate our country from the cesspit that has gutted it. That said, I have followed closely the MMM phenomenon since it came to my attention, and as it is normal of my analytical mind, I have taken time to study the trend, review historical facts, and all other data available to me. After this review I have therefore, come to the following conclusions on the fate of MMM.

1. For those that are hoping MMM would suddenly resurface in January because the Nigerian planter's wife said so in a note, are definitely setting themselves up for depression. Nothing of such would happen. This is the deal, MMM is not an investment it is a gamble. The money is only redistributed therefore the system would crash when two conditions occur - something that has already taken place - and these conditions are as follows:

-When new comers or "help providers" exceeds those who want to receive "help" it sets the stage for a crash

-When those withdrawing exceeds a critical amount needed to keep it rolling regardless of the number of people joining, then the system would crash.

I believe these two conditions have been met. Christmas time is a time no one wants to give money, rather they want to be helped, with the overwhelming withdrawals that far exceeded the "help providers" the system had to be shut down, because money does not grow on trees.

2. If MMM ever have a blinker to open, which I doubt very much in January as stated in their later, there would be a state of panic withdrawals, and there would be sharp decline of the new people that would have otherwise joined. This panic withdrawals, would lead the MMM handlers to shut it down completely and take with them whatever is left of the system.

3. The other reason MMM had to shut down early December is more likely than not to ensure maximum "cash outs" by the handlers. At this time there is an all time high of money in the system because people put in most of what they had to ensure they get good cash for the Christmas, this high would not happen any other time of the year, so this was the best time for the handlers to cash out big, and I believe they already did.

Finally, the MMM phenomenon further shows the failed system of Nigeria. This system only flourishes in this magnitude in failed countries. It thrived in Russia during the collapse of the Soviet Union, failed Zimbabwe, thrived in failed parts of South Africa, like Soweto. People have lost hope in any decent labor or lack of jobs thereof. Other are greedy and sometimes plain dumb.

Good luck to everyone "waiting" in trepidation to get help. I wish you luck.

God Bless the Federal Republic of Nigeria

-CramJones

kycilae:
Nairaland why are you like this. U ppl are now supporting media. Seun i see u loosing loosing ur place in blog ranking

Fabulocity:

[color=#770066]see them on this thread still hanging desperately onto little strings of hope. Don't let anyone kid you,it has crashed. This frozen talk is nothing but damage control.Y'all should take heart and be strong and please stay away from ropes.

stage1: Denial.√

This is what you get when you engage in ponzi schemes. [/color]

Pidgin2:
His wife said wait so why the evil predictions