Why France Kidnapped West Africa’s Eco Currency - Foreign Affairs (5) - Nairaland
Nairaland Forum › Nairaland General › Politics › Foreign Affairs › Why France Kidnapped West Africa’s Eco Currency (42754 Views)
| Re: Why France Kidnapped West Africa’s Eco Currency by musicwriter(m): 6:06pm On Dec 28, 2019 |
pansophist:If they don't want to back it on gold, the best currency would be the Chinese Yen. Western civilization as a whole is on the fall, like every other civilization that has come and gone before them. Economic power has shifted to Asia, so if we're looking for financial security, the best bet is the Chinese Yen.....for now. However, as I've stated in the previous post, this whole concept of pegging a currency to another was an artificially created need after the second world war. If I were in position to make any change, I'll invent a complete new method that bypasses pegging the ECO on any other currency. Something like Bitcoin. |
| Re: Why France Kidnapped West Africa’s Eco Currency by kennyblack94: 6:33pm On Dec 28, 2019 |
fairfora:I believe this is just mere assumptions.. Go and read about French Colonial tax, you’d understand better that UK to an extent is better to that France. |
| Re: Why France Kidnapped West Africa’s Eco Currency by CSTR2: 6:35pm On Dec 28, 2019 |
profilemessages:What a huge pile of nonsense. A very huge pile. Have you been to francophone Africa? Do you even know the meaning of development? Which francophone country will you compare to Nigeria and Ghana? Is it Mali, Burkina Faso, Benin republic, Togo, Niger republic, Chad? Many of those countries cannot even transfer money in one full day. It takes two days officially. Ivory Coast and Senegal, the two best French countries are not even worth shitt beyond their capital cities. Francophone countries wish they were anglophones for many reasons including the huge gulf in development and social dynamism. The 64 likes you got must be from complete morons. |
| Re: Why France Kidnapped West Africa’s Eco Currency by CSTR2: 6:48pm On Dec 28, 2019 |
Lucid1:Actually, that is the fact. France was scared of a Nigeria led currency. It would have been disastrous for the French economy to lose all that revenues and leverage at once. They were smarter than our leaders and took advantage. They were about to lose it all due to the pressure from everywhere and decided to use the ECO as a back door. I even hear France would print the new currency. CFA would no longer be CFA but now ECO. A win -win for France. They lose the global misgivings about the CFA but still remain behind the scenes making the usual profits. That is the importance of electing sharp vibrant leaders who can play geopolitical chess. Buhari does not even know what is going on. |
| Re: Why France Kidnapped West Africa’s Eco Currency by wirinet(m): 6:58pm On Dec 28, 2019 |
CSTR2:Taken for granted that Buhari does not know what is going on ,what of Emefiele. This falls within the jurisdiction of the CBN, and it's the central bank governor that should be pushing for a precise policy. Afterall monetary policy is the exclusive purview of the CBN. |
| Re: Why France Kidnapped West Africa’s Eco Currency by AmuDimpka: 6:58pm On Dec 28, 2019 |
fairfora:You ended up writing bull fúcking shít trust me..you are canvassing for learning of French instead of learning to stand on your own as a nation.... Sweden didn't adopt Euro as a currency...Nigeria can opt the fúck outbbutvwe have clowns as economists |
| Re: Why France Kidnapped West Africa’s Eco Currency by pansophist(m): 7:08pm On Dec 28, 2019 |
musicwriter:Since China is a contender for a superpower status, the possibility that it will be aggressive like the US should not be undermined. Their belt and silk road initiative has indebted many countries. They seems like a saint now since there are regional and western powers to balance and keep them in check. Though by my understanding of sino civilisations and history, unwarranted aggression has never been its feature. I'll put my bet on China than the west, anytime. Though I concur that a currency independent of pegging is the ideal, but I cant think of any possibility of such without returning back to the era of gold exchange/trade by barter |
| Re: Why France Kidnapped West Africa’s Eco Currency by AyoII(m): 7:15pm On Dec 28, 2019 |
Vortex369:Even North korea...... We need people like you in our central bank Lol |
| Re: Why France Kidnapped West Africa’s Eco Currency by FrankAkowe: 7:18pm On Dec 28, 2019 |
It is not a surprise. France is still trying to practice modern day policy of assimilation. |
| Re: Why France Kidnapped West Africa’s Eco Currency by Efewestern: 7:19pm On Dec 28, 2019 |
healthserve:Blue2.k attacked you on that thread, it makes no sense pegging ECO on Euro. |
| Re: Why France Kidnapped West Africa’s Eco Currency by amiskurie(m): 7:20pm On Dec 28, 2019 |
fairfora:After I read few of your sentences, I concluded you are a dunce. Go back, read and research, until you find out France is behind boko haram in the region |
| Re: Why France Kidnapped West Africa’s Eco Currency by healthserve(m): 7:22pm On Dec 28, 2019 |
Efewestern:Thanks for the reminder. I remember telling him all that is clearly stated here that Europeans will never issue a treaty without backdoor that creates slavery. A few who didn't know the implications were attacking. Thank God its being raised up here again for clarity and emphasis |
| Re: Why France Kidnapped West Africa’s Eco Currency by healthserve(m): 7:24pm On Dec 28, 2019 |
kennyblack94:God bless you. U. K is far far more humane |
| Re: Why France Kidnapped West Africa’s Eco Currency by kong200: 7:42pm On Dec 28, 2019 |
healthserve:Could you paste the link to the thread |
| Re: Why France Kidnapped West Africa’s Eco Currency by TheFacelessMan: 7:45pm On Dec 28, 2019 |
blinking001:Locked up in a jail on the island of Corsica ... |
| Re: Why France Kidnapped West Africa’s Eco Currency by musicwriter(m): 7:58pm On Dec 28, 2019 |
pansophist:China is already the world's No.1 superpower country but they don't make noise about it because as you noted, they don't pursue aggressive foreign policy to control other people like the West does. We have worked with Europeans for 600 years and it always end up with one side (Europe) being on top, so its a good idea to try China. Bitcoin is already a type of money that's not pegged on any other currency. If they put the ECO on the blockchain and allow West Africans mine it, there'll be no need to peg it on any other currency. |
| Re: Why France Kidnapped West Africa’s Eco Currency by healthserve(m): 8:04pm On Dec 28, 2019 |
pansophist:Are you aware that the top N. K army higher-ups were already postering towards U. S away from China before the whole fancy affair N. K Began to peddle about with U. S CHINA AND RUSSIA. We've witnessed over 300 years of American leadership on a global scale without independent countries forced or coerced in anyway. China Russia who have been dying so far for global domination like Germany/France leadership is what one needs to be wary of |
| Re: Why France Kidnapped West Africa’s Eco Currency by themanderon: 8:49pm On Dec 28, 2019 |
I knew those frenchies would never allow for the smooth sailing of that new currency cos of their economic interest in those stooge francophone countries. I laugh at people who say that Africa is truly independent, the truth is that these colonial masters are still very much in control of the affairs of Africa that's why Africa can never develop. As those useless stooge francophone countries are to France so is Nigeria forever tied to the apron strings of Britain. But shall it be well with these African puppet leaders that are ever ready to sabotage their people for a few pennies?.............nahhhhh |
| Re: Why France Kidnapped West Africa’s Eco Currency by mokt(m): 9:04pm On Dec 28, 2019 |
France go soon buy Bleep up for herself. I trust Bubu, wish Mugabe n Ghadaffi were alive. |
| Re: Why France Kidnapped West Africa’s Eco Currency by Innovate07: 9:08pm On Dec 28, 2019*. Modified: 9:48pm On Dec 28, 2019 |
Chanchit:I could not believe that an adult Nierian wrote that post on a public domain and some people even liked it. Was it that they did not read it or some people have problems with comprehensive reading? Just imagine the mentality of some adult in this country. Common sense is truly not common. |
| Re: Why France Kidnapped West Africa’s Eco Currency by Innovate07: 9:27pm On Dec 28, 2019 |
wirinet:I wish many Nigerians had a guater of your knowledge, we will soar very high in this country. Thanks for your intelligent comment. |
| Re: Why France Kidnapped West Africa’s Eco Currency by mmsen: 9:54pm On Dec 28, 2019 |
fairfora:France and Britain are both thieving pieces of shit. But what makes you think that Francophone west African nations are further along? Have you been to Togo or Benin Republic? Cote D'Ivoire has been in disarray for much of this century, they are the best developed Francophone nation in the region. Niger is a disgrace, Mali is a mess. Senegal is of no consequence, likewise Guinea. |
| Re: Why France Kidnapped West Africa’s Eco Currency by MumuCountry: 10:54pm On Dec 28, 2019 |
Stop talking rubbish! Ghana is better, way better than nigeria. That is the reality. Ghana’s economy is growing at 8 percent, one of the fastest in Africa. Nigeria’s economy is growing at about 2%, while Nigeria’s population is growing at above 3%- that is a simple recipe fir disaster. Why do you think nigeria is the poverty capital of the world? ![]() Nigerians are too emotional what do you get guys get by being soo delusional? Instead of admitting that your country is in a terrible shape and looking for ways to fix the mess, you are busy denying that your country is in a mess. How do you start fixing a problem when all you do is to deny you have a problem? . Chai ![]() southpole: |
| Re: Why France Kidnapped West Africa’s Eco Currency by Legendguru: 11:14pm On Dec 28, 2019 |
Oh |
| Re: Why France Kidnapped West Africa’s Eco Currency by sundayoluwatimi(m): 11:21pm On Dec 28, 2019 |
France does not leave its colonial children alone. This makes them retain control remotely. The saddest part is that we are the ones who allow them. |
| Re: Why France Kidnapped West Africa’s Eco Currency by souljaslim(m): 12:12am On Dec 29, 2019 |
fairfora:After all this shit you wrote...you forgot France is also a parasite feeding on 8 African countries... independent countries that keep 50% of their countries wealth in France, countries that can't deal with the international community...they can't even do deals with other African countries....when will slavery end in Africa |
| Re: Why France Kidnapped West Africa’s Eco Currency by Nobody: 12:47am On Dec 29, 2019 |
fairfora:You must be an agent working for France. Nigeria is not a nation, Francophone Africans don't understand English, the not even pidgin, only Anglophone Cameroon do understand English. Africa is not a dumping ground for European languages, French has been our second official language in Nigeria, who cares to learn it?! They always insult us that we don't have language/culture, that we are subhuman, that we only recently started writing and reading 10yrs ago. What are you saying about the neocolonialism going on in Africa by French? |
| Re: Why France Kidnapped West Africa’s Eco Currency by olmoRoc: 3:17am On Dec 29, 2019 |
an editorial I read in 1987 accused France of being the main stumbling block to the establishment of the then proposed single currency |
| Re: Why France Kidnapped West Africa’s Eco Currency by Tiwaz2: 3:40am On Dec 29, 2019 |
Abass1Toheeb:My brother is like your reading my thoughts on this whole thing, this people don't want Africans to be like them what they want is total control |
| Re: Why France Kidnapped West Africa’s Eco Currency by rapcy(m): 4:04am On Dec 29, 2019 |
fairfora:Are you sure you read and understood what the OP write ![]() |
| Re: Why France Kidnapped West Africa’s Eco Currency by bravesoul247(m): 4:47am On Dec 29, 2019 |
Vortex369:won't it be criminal? |
| Re: Why France Kidnapped West Africa’s Eco Currency by spassion: 6:40am On Dec 29, 2019 |
wirinet:I believe integrating is not the key for now. First, we should fight corruption. Second, become a force to reckon with, economically and politically. Third, be self sufficient, self reliant and a powerhouse. Unlike when we tried to help South Africa and Ghana, they came back throwing it to our face. Those french Africans would also do the same in the short or long run. If we become a force to reckon with, like China and Brazil that cannot be left out of any political and economic decision, then we can look further into integration those junkyards like Benin, Niger and Cameroon, because at that point, we can prove to them that black people can also become something without France or any western poo. Just as the Chinese, Indonesians and Brazilians have proved themselves. If all those can be achieved, we can call anybody's bluff. |
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