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IMF: Global Economy In Recession Worse Than 2009 - Business (3) - Nairaland

Nairaland ForumNairaland GeneralBusinessIMF: Global Economy In Recession Worse Than 2009 (27603 Views)

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Re: IMF: Global Economy In Recession Worse Than 2009 by Emmerlee(m): 8:20am On Mar 28, 2020
Tajbol4splend:
He is one of the reasons, he didn't take it seriously in the first place that they said "we can't restrict inward movement of people from countries the infection was serious". He wasn't proactive enough
You can't prove it enough to idiots. To them President Buhari cannot make mistakes.. Not surprised though, the sheer number of stupid persons in the country is alarming. You find them as soon as they open their mouths or type stuff.
Re: IMF: Global Economy In Recession Worse Than 2009 by Charleys: 8:20am On Mar 28, 2020
Ayoefa:
No, just blame the whole world recession on Buhari as usual.
He should have closed the border, we need the economy working rather than shutting down of businesses and calling for a lockdown.

Do you have food in your house to last a month?

A time will come where you'll have to choose between death by Covid 19 or death by hunger.

People are loosing their jobs already.
Re: IMF: Global Economy In Recession Worse Than 2009 by KahlDrogo(m): 8:22am On Mar 28, 2020
cenaman:
IPOB will blame Buhari for it.
Very foolish ipob. They have now turned an Iranian into their God. That was how they worshiped zakzaky until Trump started fighting Iran. Since trump is a bigger god than zakzaky to them, they then threw zakzaky under the bus.

Now they have started licking the ass and worshipping another Iranian. They will soon ditch him as well.

grin cheesy
Re: IMF: Global Economy In Recession Worse Than 2009 by kokomilala(m):
This is not surprising. The seismic shock waves of COVID-19 are sending economies reeling.As long as this PLAGUE lingers,more economies will crumble in Africa, Latin America,Europe and Asia.Consequently,many governments will collapse. One has set the pace- Kosovo government, after only about one month in power.
This might just be the end of the WORK CULTURE. People might as well go back to their peasant culture. Anyway, man was forced out of it into the WORK CULTURE.
In all,I think COVID-19 is the great leveller of our age.
Re: IMF: Global Economy In Recession Worse Than 2009 by Nobody: 8:23am On Mar 28, 2020
Tajbol4splend:
He is one of the reasons, he didn't take it seriously in the first place that they said "we can't restrict inward movement of people from countries the infection was serious". He wasn't proactive enough
He is one of the reasons yes, but for a global pandemic like this it was only a matter of time before it got here.

Many countries are underreporting the crisis from there locations, (we have got the freezone northern boarder with Chad etc)

We have stupid Nigerians who are rich irrespective of political class that would still disobey that aviation lockdown (atiku adamant son for example, buhari daughter, oyedepo etc can even use private jet because laws don't work here).

Yesterday alot of churches in my area observed the last Friday of the month "night vigil".

Many Nigerians are just hypocrites who like to shift blames
Re: IMF: Global Economy In Recession Worse Than 2009 by RapistOnBail: 8:23am On Mar 28, 2020
Vortex369:
In essence, the globalists activated this COVID-19 Project to enrich themselves with 6 trillion dollars + 2.2 trillions as well as an extra 44 trillion of losses of wall street stocks as at this moment.

Illuminati money - I love this game.
Would you mind sharing this? I'd love to learn
Re: IMF: Global Economy In Recession Worse Than 2009 by KahlDrogo(m): 8:23am On Mar 28, 2020
Ustec:
As usual, Second position and imam of conflicts will blame Buhari for Nigeria's economy recession grin

Bloody foools.
Where is their God Nnamdi Cownu? grin
Re: IMF: Global Economy In Recession Worse Than 2009 by Reference(m): 8:24am On Mar 28, 2020
Rotjijatau:
What nonsense recession? Should that be the problem now? The problem is Covid19 and how to profer panacea to this pandemic and you are talking about recession. Is it not someone who is alive and healthy that will talk about recession? Tchewwww
How do you fight the pandemic, with your teeth? Be sensible please.
Re: IMF: Global Economy In Recession Worse Than 2009 by lomprico(m): 8:26am On Mar 28, 2020
Davash222:
Hope your mcm buhari and his resident saints are doing something at least to curtail the forseen recession.
somebody they are rejecting upandan abroad?
Re: IMF: Global Economy In Recession Worse Than 2009 by Ayoefa: 8:26am On Mar 28, 2020
RapistOnBail:
Go fvck yourself. Illiterate
That's how you fvck ya mother han.
Fvcking retard.
Re: IMF: Global Economy In Recession Worse Than 2009 by Ebenzima16(m): 8:27am On Mar 28, 2020
May God heal our lands
Re: IMF: Global Economy In Recession Worse Than 2009 by Orpe7(m): 8:27am On Mar 28, 2020
Times like these
Na th country wey dey save before im chop go quickly survive this global recession o
Re: IMF: Global Economy In Recession Worse Than 2009 by joefelin2345: 8:28am On Mar 28, 2020
[quote author=Seetto post=87837186]Too late, some people have already started blaming buhari, they will tell you is because of buhari we have Corona virus. grin[/quote
Is it not? As a proactive leader is he not to take immediate action the moment Nigeria recorded the first index of the virus by suspending all international flights to the country? He waited for so long probably to allow his daughter n Abba Kyari group to return to the country. See where we are now? We are all in it together but God is Supreme.
Re: IMF: Global Economy In Recession Worse Than 2009 by Miyachi: 8:29am On Mar 28, 2020
helinues:
https://www.nairaland.com/5723254/coronavirus-nigerians-start-saving-now

You guys were bluffing when I posted that...
Saving will not save you. The worst hit during a period like this are the savers, because they end up coming out with "less" money. The Naira has been devalued, guess what's next? Inflation will climb.
Buy land, buy a house, buy gold. Anything that would appreciate in value, save little.
Re: IMF: Global Economy In Recession Worse Than 2009 by RapistOnBail: 8:29am On Mar 28, 2020
Ayoefa:
That's how you fvck ya mother han.
Fvcking retard.
Hey dummy! Kindly tell us how your president took us out of recession.

You ignorant swines think you know World Economics? Fools!
Re: IMF: Global Economy In Recession Worse Than 2009 by BABANGBALI: 8:31am On Mar 28, 2020
Other countries go do reception them go serve all their citizens with foods and other better better things, but any time Nigeria do reception na that time hunger dey kill people pass. Make Buhari no do any reception when him come back from where him go treat himself o
Re: IMF: Global Economy In Recession Worse Than 2009 by dannyair(m): 8:32am On Mar 28, 2020
which way Nigeria
Re: IMF: Global Economy In Recession Worse Than 2009 by Shattuck(m): 8:35am On Mar 28, 2020
Yenefer:
It is becoming almost second nature for most Nigerians, both the educated and non-educated classes, to cross the line while pouring out their hearts on national issues. I agree, there are ample question marks on how the President Muhammadu Buhari-led government has acted on and reacted to socio-political, economic, and religious matters; spanning from federal character, insurgency, ethno-religious skirmishes, education, malfeasance, to now presidential invisibility before this coronavirus pandemic.

Naturally, we feel betrayed, used, and insignificant to the presidency. Not paling in comparison to status-quo that should be, your feelings are indeed valid. But letting this emotional pain lead you to hurl insults of all sorts at President Buhari, as rampant online, is an overreaction. As you call him unprintable, reprehensible names and ridicule him through jokes/memes, remember he is fallible, someone's husband, father, uncle, grandfather, and holds office of President of Nigeria. It is enough to beg to differ with and criticize constructively his leadership style plus policies. Using constitutional and moral means to show displeasure are in order. Look emotional intelligence's way.

Disturbingly, some people even wish Buhari death, hoping news of his demise filters in soonest. If that's not a representation of the Scriptures' observation that "The heart of man is desperately wicked," then it must be of something worse. If you fall in this category, kindly stop now! Such comments are humor taken too far.

As events unfold and we watch with disappointment, anticipating the National Assembly does the needful and saves the day, let us (Nigerians) amplify our voices to be critically loud enough, not insulting enough.


©Kaycee Naze,
Rational Pen.
if if there is anyone who has continually crossed the line it is the govt,its pathetic that everyone expects the citizens to take the moral high road or abide by the when they go low we go high principles,we live in a lawless society,we lack basic health care,basic educational facilities, our collective wealth is being shared among the few,they create generational wealth for their offspring at the expense of the masses,but somehow you expect the citizens to remain calm calling buhari and the govt names often times can't be described as an insult he is incompetent and a very corrupt man.
Re: IMF: Global Economy In Recession Worse Than 2009 by Ayoefa: 8:36am On Mar 28, 2020
Lostz:
oil sold for less during the obasanjo era but we did not slide into recession.

it was buhari incompetence that took us into recession in the first place. we may have left recession officially but the impart is still being felt in the street. prices are still at all time high.


there are nations who depend on only oil but did not slide into recession during the so-called low oil price
I'm not in thre mood for economic lecture this morning but having said that, I can tell you that oil did not sell for less under Baba Iyabo. Secondly the only countries that did not go into real recession due to the oil price crash are Gulf countries that had substantial savings and had invested seriously when the boom was on.
Countries that you can compare to Nigeria are Venezuela and Angola who had mismanaged their income during the boom and who rely on oil as much as Nigeria. Venezuela is still in recession so bad that even if you have money, you can find food to buy at the super market. Even the oil crash forced many oil companies to close and businesses shut in Oklahoma and other US oil producing States. Oklahoma went from enjoying unprecedented boom to almost ghost town over night.
Re: IMF: Global Economy In Recession Worse Than 2009 by Adakintroy2: 8:38am On Mar 28, 2020
Nigerians took the proactiveNess of Jonathan administration towards ebola for granted.

Here we are almost the same scenero. But different result.

If the western world don't find a cure am afraid we in soup..I here tomatoes had quadruple in price. So we not talking sickness now. Buy no work no money but higher price for food commodities.
Re: IMF: Global Economy In Recession Worse Than 2009 by MOnkeyBabe(f): 8:38am On Mar 28, 2020
Yenefer:
It is becoming almost second nature for most Nigerians, both the educated and non-educated classes, to cross the line while pouring out their hearts on national issues. I agree, there are ample question marks on how the President Muhammadu Buhari-led government has acted on and reacted to socio-political, economic, and religious matters; spanning from federal character, insurgency, ethno-religious skirmishes, education, malfeasance, to now presidential invisibility before this coronavirus pandemic.

Naturally, we feel betrayed, used, and insignificant to the presidency. Not paling in comparison to status-quo that should be, your feelings are indeed valid. But letting this emotional pain lead you to hurl insults of all sorts at President Buhari, as rampant online, is an overreaction. As you call him unprintable, reprehensible names and ridicule him through jokes/memes, remember he is fallible, someone's husband, father, uncle, grandfather, and holds office of President of Nigeria. It is enough to beg to differ with and criticize constructively his leadership style plus policies. Using constitutional and moral means to show displeasure are in order. Look emotional intelligence's way.

Disturbingly, some people even wish Buhari death, hoping news of his demise filters in soonest. If that's not a representation of the Scriptures' observation that "The heart of man is desperately wicked," then it must be of something worse. If you fall in this category, kindly stop now! Such comments are humor taken too far.

As events unfold and we watch with disappointment, anticipating the National Assembly does the needful and saves the day, let us (Nigerians) amplify our voices to be critically loud enough, not insulting enough.


©Kaycee Naze,
Rational Pen.
Thanks for this, and I'm not even a BUhaRi SuPPoRter . We aRe all alive today but for the meRCy and GRaCe Of God UPOn OuR lives.
Re: IMF: Global Economy In Recession Worse Than 2009 by lakesidor1979: 8:38am On Mar 28, 2020
b4 nko?
Re: IMF: Global Economy In Recession Worse Than 2009 by kronos1: 8:38am On Mar 28, 2020
undecided
Re: IMF: Global Economy In Recession Worse Than 2009 by riczy(m): 8:38am On Mar 28, 2020
I told some ppl dt short ppl are part of d problem we have in Nigeria!
Re: IMF: Global Economy In Recession Worse Than 2009 by wiseoneking: 8:40am On Mar 28, 2020
cenaman:
IPOB will blame Buhari for it.
Not just ipob but surely the whole Nigeria. He is a great failure. My only joy is that Nigeria will never have such a colossal failure again as president. We thank God it will never be the same again.
Re: IMF: Global Economy In Recession Worse Than 2009 by Ayoefa: 8:41am On Mar 28, 2020
[s]
RapistOnBail:
Hey dummy! Kindly tell us how your president took us out of recession.

You ignorant swines think you know World Economics? Fools!
[/s]



Even if I put the facts on your nose, you wouldn't see it because you simply lack the capacity/intelligence to understand simple world economics. Not going to waste my time. Just STFU and GET LOST.
Re: IMF: Global Economy In Recession Worse Than 2009 by Meti99(m): 8:41am On Mar 28, 2020
semyman:
Basketmouth how market, who is more lifeless now?
Leaking throat, keep shut .. if Trump is lifeless then your master is non-existent
Re: IMF: Global Economy In Recession Worse Than 2009 by RapistOnBail: 8:44am On Mar 28, 2020
Ayoefa:
[s][/s]



Even if I put the facts on your nose, you wouldn't see it because you simply lack the capacity/intelligence to understand simple world economics. Not going to waste my time. Just STFU and GET LOST.
Shame on you then!
Re: IMF: Global Economy In Recession Worse Than 2009 by MOnkeyBabe(f): 8:48am On Mar 28, 2020
Ogaga87:
Expected with convid putting the door of world economy in ajar state..

Not surprised..

The anger of the Lord is upon us and I'm trusting his mercies to put us back to where we were before..
URhOBO waDO.. miGwO SiR. GReatest foRUmite@ smiley!
Re: IMF: Global Economy In Recession Worse Than 2009 by Smhaykins(m): 8:50am On Mar 28, 2020
Yenefer:
It is becoming almost second nature for most Nigerians, both the educated and non-educated classes, to cross the line while pouring out their hearts on national issues. I agree, there are ample question marks on how the President Muhammadu Buhari-led government has acted on and reacted to socio-political, economic, and religious matters; spanning from federal character, insurgency, ethno-religious skirmishes, education, malfeasance, to now presidential invisibility before this coronavirus pandemic.

Naturally, we feel betrayed, used, and insignificant to the presidency. Not paling in comparison to status-quo that should be, your feelings are indeed valid. But letting this emotional pain lead you to hurl insults of all sorts at President Buhari, as rampant online, is an overreaction. As you call him unprintable, reprehensible names and ridicule him through jokes/memes, remember he is fallible, someone's husband, father, uncle, grandfather, and holds office of President of Nigeria. It is enough to beg to differ with and criticize constructively his leadership style plus policies. Using constitutional and moral means to show displeasure are in order. Look emotional intelligence's way.

Disturbingly, some people even wish Buhari death, hoping news of his demise filters in soonest. If that's not a representation of the Scriptures' observation that "The heart of man is desperately wicked," then it must be of something worse. If you fall in this category, kindly stop now! Such comments are humor taken too far.

As events unfold and we watch with disappointment, anticipating the National Assembly does the needful and saves the day, let us (Nigerians) amplify our voices to be critically loud enough, not insulting enough.


©Kaycee Naze,
Rational Pen.
Ow much den pay u?
Re: IMF: Global Economy In Recession Worse Than 2009 by Sniper101(m): 8:58am On Mar 28, 2020
agwom:
https://www.dailytrust.com.ng/global-economy-in-recession-worse-than-2009-imf.html
Oga...
IMF isn't International Monetary and Financial


...correct that error ASAP
Re: IMF: Global Economy In Recession Worse Than 2009 by MOnkeyBabe(f): 8:59am On Mar 28, 2020
etrouble:
Haters will hate. This hatred and bitterness that your parents planted in you is the reason why you are sad, miserable and depressed. Vomit the hatred in you before it chokes you to death.
EXaCtly, the SeeDs sown. BeCauSe a few think it's about the OlD GeneRation dying Out.
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