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Nairaland Forum / Nairaland / General / Crime / US Warns Nigeria, African Countries Over Debt Burden. (26568 Views)
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Re: US Warns Nigeria, African Countries Over Debt Burden. by budaatum: 1:55am On Jun 25, 2019 |
PoliteActivist:Are we talking about the same China? The China that US is accusing of stealing their technology? Think the Chinese use the US tech they been stealing to feed pigs? You live in a very tiny part of the world it would seem, not to know that China has thriving equivalents that serve their purpose well without the poluting western outlook that goes with it. And if you think many Chinese don't find their way to getting even Google, Facebook, Instagram, WhatsApp, YouTube, then you don't know much about human beings either. If Naija has Yahoo2 China's own is Yahoo9 1 Like 1 Share |
Re: US Warns Nigeria, African Countries Over Debt Burden. by CanadaOrBust: 4:53am On Jun 25, 2019 |
budaatum: Guy u really prefer to live as below instead of having all the apps in world available to u 1 Like
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Re: US Warns Nigeria, African Countries Over Debt Burden. by budaatum: 6:30am On Jun 25, 2019 |
CanadaOrBust:Be there taking the words of someone who lives in the west and sees a lack of Google, Facebook, Instagram, WhatsApp, YouTube as deprivation! If Nigeria has its own thriving Nigerian apps as China does, I think I'd be proud in fact. Not everyone sees western indoctrination as a positive thing. 10 Most Popular Social Media Sites in China (2019 Updated) |
Re: US Warns Nigeria, African Countries Over Debt Burden. by richeso: 7:40am On Jun 25, 2019 |
the idiotic foolish leaders in Niger Delta will not read this now.. soon na the oil we go use pay the debts. let the government keep borrowing and when the time comes the Niger delta will be the one to cry for this debts. |
Re: US Warns Nigeria, African Countries Over Debt Burden. by Darevofpeace(m): 8:00am On Jun 25, 2019 |
Flier:This might be true, but the whole debt would still be paid through direct/indirect tax by the whole Nigerian. African Leader's from inception has No/low debt management skills.Very Soon, China would buy all the Africa's Countries National Assets if these warning are not adhered to. |
Re: US Warns Nigeria, African Countries Over Debt Burden. by LarryBee1k: 8:03am On Jun 25, 2019 |
Re: US Warns Nigeria, African Countries Over Debt Burden. by CanadaOrBust: 8:05am On Jun 25, 2019 |
budaatum: Unbelievable! There he is, referencing a Chinese govt propaganda site. So you’d like the likes of Buhari and APC to decide what apps u have, have spyware on your phone, and be able to monitor every keystroke u make. Ok, may your wishes come true. Good luck. |
Re: US Warns Nigeria, African Countries Over Debt Burden. by mekuxiani(m): 8:06am On Jun 25, 2019 |
bro4u:it's actually true Nigeria is towing in line |
Re: US Warns Nigeria, African Countries Over Debt Burden. by hayoholla(m): 8:10am On Jun 25, 2019 |
Between the devil and the deep blue sea |
Re: US Warns Nigeria, African Countries Over Debt Burden. by CanadaOrBust: 8:15am On Jun 25, 2019 |
LarryBee1k: Can u tell me how u were able to color your signature red? |
Re: US Warns Nigeria, African Countries Over Debt Burden. by LarryBee1k: 8:25am On Jun 25, 2019 |
CanadaOrBust: [co.lor=red] Content [/co.lor] Change co.lor to color |
Re: US Warns Nigeria, African Countries Over Debt Burden. by 9jaRealist: 8:39am On Jun 25, 2019 |
Re: US Warns Nigeria, African Countries Over Debt Burden. by CanadaOrBust: 8:39am On Jun 25, 2019 |
LarryBee1k: Wow! It worked. Thanks. So u studied coding |
Re: US Warns Nigeria, African Countries Over Debt Burden. by Jayess: 8:43am On Jun 25, 2019 |
But wait.... Is US high on something US debt is around all time high of 22 trillion dollars! Who are they advising? Debtor saying someone should not borrow Nigeria debt is just 24 billion Naira, my pain is just the looting and embezzlement, if not, I would have advised the African Nations to borrow more to develop our continent but these African leaders are possessed by the spirit of stealing government money. Till I become President of Nigeria, the government should not borrow again. |
Re: US Warns Nigeria, African Countries Over Debt Burden. by 9jaRealist: 8:43am On Jun 25, 2019 |
BLUEJAYY: banty: JubrinElSudan: Temple1288: The IRONY in these comments is that China is the BIGGEST lender to the US... Holding almost 30% of US foreign debt, and US indebtedness to China is more than all African debt to China COMBINED! > 1 Like 1 Share |
Re: US Warns Nigeria, African Countries Over Debt Burden. by 9jaRealist: 8:47am On Jun 25, 2019 |
bid4rich: China holds almost 30% of US sovereign debt... By your analogy that makes the US China’s b*tch! > 1 Like 1 Share |
Re: US Warns Nigeria, African Countries Over Debt Burden. by 9jaRealist: 8:53am On Jun 25, 2019 |
Darevofpeace: First, the world’s single most indebted nation should not be lecturing anyone else on debt... Nonetheless, taking Chinese loans to build rail lines, airports, power plants, seaports and such infrastructure should have the sort a multiplier effect that boosts productivity, increases our GDP, creates jobs and generates wealth and revenue to put us in a better position to repay same. > 2 Likes 1 Share |
Re: US Warns Nigeria, African Countries Over Debt Burden. by CanadaOrBust: 9:25am On Jun 25, 2019 |
Jayess: You obviously missed this below previously posted. (Note that those US treasury notes are the safest of investments and the world can’t get enough of them) You clearly don’t understand US debt. Unlike Africa countries, US don’t go and borrow money, all US debts are paper debt. US simply create treasury notes, then go to the market and sell the notes. Note holders get paid interest and when they are tired of holding the notes, they go into the same market and sell them to another individual and the price of the note at each varies depending on the strength of US economy and other external factors. Africa countries borrow money with stringent requirements and conditions and also consequences if they don’t pay back as agreed.. 9jarealist, derevofpeace |
Re: US Warns Nigeria, African Countries Over Debt Burden. by LarryBee1k: 9:34am On Jun 25, 2019 |
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Re: US Warns Nigeria, African Countries Over Debt Burden. by CanadaOrBust: 9:35am On Jun 25, 2019 |
LarryBee1k: Thanks. Please what is the best way to learn coding |
Re: US Warns Nigeria, African Countries Over Debt Burden. by LarryBee1k: 9:36am On Jun 25, 2019 |
Re: US Warns Nigeria, African Countries Over Debt Burden. by LarryBee1k: 9:37am On Jun 25, 2019 |
Re: US Warns Nigeria, African Countries Over Debt Burden. by 9jaRealist: 9:38am On Jun 25, 2019 |
CanadaOrBust: Debt is debt... It may come in several forms, but it still means the same thing - you OWE money. Treasury bills are not just “paper”, they are PROMISSORY NOTES... The not only pay interest, but they ultimately have to be redeemed! PS: And just btw, if China elects to dump its treasuries... Best be assured that there will be one heck of a market panic! > |
Re: US Warns Nigeria, African Countries Over Debt Burden. by CanadaOrBust: 10:10am On Jun 25, 2019 |
LarryBee1k: Thanks. Can u recommend any around Surulere? |
Re: US Warns Nigeria, African Countries Over Debt Burden. by CanadaOrBust: 10:17am On Jun 25, 2019 |
9jaRealist: But China won’t elect to dump - it is not in their interest. US can get rid of all that debt in s blink if they wish by internal bail out. U forget China pays $100 for a piece of paper that cost US 10 cents to print because that’s how they can buy materials from other countries |
Re: US Warns Nigeria, African Countries Over Debt Burden. by 9jaRealist: 10:25am On Jun 25, 2019 |
CanadaOrBust: Let me return your response above to you... But they won’t - it is not in their best interest. > |
Re: US Warns Nigeria, African Countries Over Debt Burden. by 9jaRealist: 10:26am On Jun 25, 2019 |
CanadaOrBust: Irrelevant! China is still owed $100 plus interest... > |
Re: US Warns Nigeria, African Countries Over Debt Burden. by CanadaOrBust: 10:36am On Jun 25, 2019 |
9jaRealist: Interest what. I am talking of the popular $100 bill American money |
Re: US Warns Nigeria, African Countries Over Debt Burden. by CanadaOrBust: 10:39am On Jun 25, 2019 |
9jaRealist: Not true. US debt is 22 trillion. China is owed 1.1 trillion Bluejayy, Banty, temple1288, jubrinelsudan 2 Likes 1 Share
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Re: US Warns Nigeria, African Countries Over Debt Burden. by CanadaOrBust: 11:07am On Jun 25, 2019 |
LarryBee1k: Didn’t see this b4. Thanks |
Re: US Warns Nigeria, African Countries Over Debt Burden. by LarryBee1k: 11:41am On Jun 25, 2019 |
Re: US Warns Nigeria, African Countries Over Debt Burden. by Guestlander: 12:50pm On Jun 25, 2019 |
PoliteActivist: You have left the substance of the discussion to harp on inanity. Just kindly tell us where and when the Chinese took over another country because of some unpaid debt. |
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