Treadway's Posts
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Y'all should learn to Just reply the congregation of fools with facts/evidence and move on. South Africa last had double digit inflation of less than 15% many decades ago during the apartheid era. It hasn't even crossed 8% in 5 years, currently around 5%. Most global economies US, UK, Canada despite all the inflation post-covid all still stayed less than 5%, today they are all less than than 4%. Prices of a gallon of milk have not swung wildly in the USA since 1995! Has only fluctuated btw $2.50 and $4 in almost 30 years! Those are the facts, dump them on the congregation of fools and move on.
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Paraman: Trustyourself:hahaha Finally the chicken came home to roost. So you can open your mouth gbwaaa and say that 'if you want to hoard go and meet aboki'. I thought the congregation of fools were touting lies that the two rates are close to full convergence. Not anymore huh? Yea when official rate was 470 we were buying from aboki at 700, just like now that it is around 1200 and we're buying from aboki at around 1450. Only problem is we got so much worse off in such a short time for no good reason other than the congregation of fools and their accursed president that has ruined things for every body, both the innocent and the guilty. Enjoy your regression..lol🤣🤣🤣🤣 |
Yea So is my grandmammy. |
AnonPoet:Reno Omokirikiri, the worthless pro-bono lunatic writes again.🤣 |
So much for the touted convergence After ruining the currency, we are back to two rates with wide disparity, just as in 2016, only this time very very worse off Grandstar |
Lexusgs430:lol. Just conjured a scene in my head... Phone available in heaven and hell.. And a person in heaven can call his/her padi in hell, and say somefin like 'ha far padi! How is the afterlife treating ya?' Lol |
fullclub:you see what I was saying. When your countrymen/country keep showing up in the news negatively like this, patterns form, conclusions are made, and repercussions come First it was highest dependent to student ratio Then Emdee Tiamiyu Now cumulatively tens of thousands of Nigerian students across universities being unable to pay up fees I foresee Nigerian students being shadow-blocked by a good number of UK universities in the very near future. Not a good look at all. |
Nlfpmod |
kunle4toyeyaho:like I said, support whom you will✌️ |
kunle4toyeyaho:lies as usual The reserves were always around 30b The reference to the 3bn made by JP Morgan is net reserve, ie they were telling you that despite the 30b+, your net reserve assuming they remove debt obligations was around 3b, and still is around 3b Support whom you will, but attempts at lies in this age of information is foolhardy. |
May 29, 2024 On ALL the aforementioned points, I have been vindicated. |
Finished the speedometer patapata at 210km/h on Benin-Ore stretch, Renault Logan. Back in the early days of my career, when I was still a Medical Representative doing a lot of traveling. |
It is far lower than this as at now (2024) To think that in 2014 it was over 3k USD! Ten years under the APC it is now 1k or very likely less, when you consider that due to devaluation gdp will be in the range of 250-270b, and that divided by our population. We made a great great mistake in 2015. Unfortunately, I don't think we can even get back there in another 30 years. APC is evil!!!! |
Dude posted screenshot🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣 People wey get actual power, money, influence, connections no talk..na person wey no fit do jack or shit, dey flex screenshot as muscle. Oh my🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣 |
iwaeda: |
dustydee:better framed as 'international trade has reduced' |
Kukutente23:nah Letters of credit are guarantees provided by banks to big importers or other international business concerns. Basically it signals that your banks are not only strong enough to fund whatever the level of transaction the letter authorises, but also speaks to the strength of the businesses that use them, cos logically no sensible bank would guarantee a business that they are not certain can repay. So what this report means is a cumulative depiction of how banks cannot foot the bills of much of the transactions in recent times esp when converted to FX equivalent, and also depicts that most businesses have stopped international trade/imports. |
All life will taste death. But I still get deep satisfaction when I read of these bastards esp when they die abroad in the foreign hospitals with the world class healthcare and all the amassed stolen wealth. May you rot in the deepest part of hell biatch! |
dbestuncle:ok |
Kukutente23:they can't cover this one up...not because the criminals do not desire to lie and deceive as usual, but I'm guessing because this will likely be vetted by external bodies. The most they can theoretically do is change methodology like what they did with unemployment figures, but even in that case you, I and everyone else with a sane mind knows it was just a clownish circus show, as Nigeria is known world over and quoted on the known levels of poverty and unemployment. |
Paraman:not surprised you would say that... Going by your history showing a very very poor grasp of logic and mathematics, much less economics. Afi largest economy of Africa naa 🤣🤣🤣🤣 |
DeAnonymousGuy:dis guy sef🤣🤣🤣🤣🤣 |
thesolutions:lol. Na just slip up, no biggie. |
thesolutions:√8 is not 4. That is the mistake in your math. Another simple way is to do it is solve from the answer √8 is √4 x √2 meaning 2√2 And you know 2√2 certainly means √2 + √2 The end. |
Hezzyluv:yes 2√x but it doesn't end there You further simplify the surd 2√2 but raising both 2 and √2 to power 2, giving you 2x2 which is 4 and √2×√2 which is 2, all in square root, giving you √8 Punch √8 on a calc and note the figure, then do 2 multiplied by the value of √2, you'll see you will get the same answer/figure for both. |
This na elementary surds na X = 2 √2 + √2 = 2√2 = √(2² x 2) = √8. |
Lol This shiiiit-faced fuuuuckkker just comfortably used the term 'potential investments'🤣🤣🤣 Omo na to dey use this term at AGM, management meetings, and shareholder meetings o. Tell the boss(es) every month for a whole year about 'potential sales'. Tell them every month from January to December that even though you have not sold anything, you have potential sales that will swallow/fulfill your annual target/budget. Promotion sure pa based on this coon's logic Awon asinwin! |
Really?? So, he inherited the decision to float the naira and remove subsidy at the same time? I know subsidy was penned to go before he came, and I no even mind, but floatation isonu yi nko? Was that inherited too? |
helinues:and this folks is why we advice you to ignore individuals like this when they tell you to not save or hold your wealth in stable currencies eg the USD. They simply mostly just don't know what they are saying 99% of the time, and are only interested in making you what Yoruba's call 'da bi mo se da'. In countries with stable currencies, prices of goods and services aside maybe real estate do not swing wildly even over 10-20 years. When a currency is stable, its store of value is stable and consequently prices are stable. Naira is a fickle currency and that explains why it swings wildly even in a mere 24hours. 2014 Honda Accord in 2014 2024 Honda Accord in 2024. Did it swing in 10 years? Absolutely not. It stayed well within range. Pay attention to the prices of a gallon of milk from 1995 to date. It didn't swing beyond a range of 2.5-4, since 1995!!!!! Let that sink in folks. Rather unfortunate that Nigeria is bedeviled with a population with more of the quality of the person I quoted, wildly ignorant, uneducated and unenlightened... which explains why we are where we are. Knowledge is power, truly.
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SemperFid:I know this is the 'update' most naija crew are sharing and planning, but unfortunately common sense dictates that it's dead on arrival. Claiming asylum in Ireland from the UK? On what basis? War or persecution.... Lmao |
We must admit that the op is evidently not of sound mind. Smh |
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