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Foreign AffairsRe: Speaker Nancy Pelosi Visits Taiwan (pictures) by ttmacoy: 5:45pm On Aug 02, 2022
Haha I wish, she can't win the Presidency, and she's what 82 years old. She should retire after this term, she has been in congress since 1987.

FalseProphet1:
Brave woman...I see her becoming the next president of the United States.

This I have seen.
CareerRe: Why Don’t Nigerian Employers Adopt Hourly Pay? by ttmacoy: 12:31pm On Aug 01, 2022
Hourly pay doesn’t mean paychecks have to be weekly, it can be weekly, biweekly, every 2 weeks of monthly etc same with salary.

pocohantas:
Paychecks would be weekly. grin
TravelRe: My Poland Japa Experience (honest View) by ttmacoy: 1:47pm On Jul 26, 2022
I'm happy the OP got the visa and I hope he achieves his goals in Poland and beyond, but this story makes me so sad about how bad things are in Nigeria/Africa. All the planning and preparations to get a visa, interviewing you through non transparent glass, they can't even give you eye contact, they can't even organize the collection by giving people appointments rather we have to go everyday and fight for number each morning.

Don't you think the process will be better managed in other countries that value their citizens? Again this is not against the OP, I'm happy you have a chance to get out of the mess that is Nigeria, it just saddens me how bad things are in the country.

We have a long way to go.
TravelRe: Living In The Uk-life Of An Immigrant (part 2) by ttmacoy:
You have corroborated my main point, the majority of the people with the japa mentality and going for the cheap universities with less competitive entry requirements just to get out of Nigeria and this translates into the job opportunities they get.

I disagree with you that the University certificate doesn't have an impact, it has a massive impact. The university matters especially when you need to get jobs with companies that are willing/able to sponsor you for work permits. Not everyone needs to go to LSE, Oxford etc., sure, but the likes of East London University, London Met etc. that target international students are more focused on making money and don't provide enough support for the students they enroll. But again, those schools fit the needs of people with the japa mentality as you mentioned who are not willing to put in the effort and work required to get into better Universities.

I do agree that it takes more than your university degree to get the jobs, but it is important especially as an international student where the only thing that is familiar to the recruiter your CV will be the UK university. Once you have broken in and build experience, your degree and Uni matters less, but many of these Nigerian youth are going with little to no experience.

Quality also differs by Universities despite the teaching standards you referred to. The person I know studying for an MBA at Northampton was complaining about how the University has been assigning recent graduate international students who were unable to secure jobs to teach them. That is very poor no matter how you want to spin it, an MBA should be taught by people with lots of both academic and professional experience not recent graduates from the University who have been unable to secure jobs. I do not know what the official benchmark is but with the cases of mickey mouse degrees etc. over the years and other scandals that benchmark does not mean much to me. Irrespective of the benchmark you will be competing against bright international students from other countries and local students as well attending better Universities.

This same university of Northampton offers an MBA with a 1 year placement option but conveniently ignores the fact that there are not many industrial placement programs aimed at MBA students in the UK. Most industrial placements are for undergraduates students on a 4 year program not MBAs. The typical route is a summer internship leading to an offer for when you finish your MBA, but the school offers the 1 year placement to entice international students on the guise that it is one additional year for them to work in UK. And yet many international students enroll and pay tuition only to get stuck with no support from the school. Time will tell how many students get burned since the UK revamped its immigration system to encourage international students since Brexit, still early days but it doesn't look good from what I am seeing. The UK is deliberately being very liberal with the way they issue student visas and to me it is for money, I am not convinced that majority of those international students will get good jobs that can secure them work permits.

kode12:
While I agree on the importance of attending a good quality university, the Office for Students and QAA monitors the teaching standards and quality of universities in the country. A university maintaining its license for an academic session indicates it meets whatever benchmark has been set by the regulatory body.
Getting a job doesn't solely depend on the university certificate a student has, especially in post-graduate education. Many have the certificates without the proper skills to back them up. Some might have the skills but are unable to confidently portray and defend such skills in interviews.
Most of the learning done in post-grad education is self-study with guidance from tutors, and this is the same regardless of the "quality" of the university. Many Nigerians coming to the UK come with the sole purpose of "japa" and study courses that are either irrelevant, with low demand, or where they have no prior background.
While they might struggle and pass tests and exams, it's much harder to get past a skilled recruiter or a panel that knows exactly what to look for in the candidate.
Most recruiters will look past a degree and go for a skilled candidate unless a role explicitly requires the candidate has a degree. Where a degree is required, a BSc with skills would probably rank higher than someone with just a masters from an Ivy League university.
TravelRe: Living In The Uk-life Of An Immigrant (part 2) by ttmacoy: 1:54pm On Jul 15, 2022
Yes you are right many of these universities are aimed at making money from international students, and this isn’t helped given the average Nigerian youth here in nairaland is looking for a cheap university that has easy entry requirements.

It’s like someone I know doing MBA at Northampton then wondering why he is not getting good job offers like the better schools like LBS etc, well that’s the price when you seek cheap school with no gmat etc entry requirements so just quick and easy.

Many times these students do not understand the way recruitment works, and by the time they figure it out it’s usually late with recruitments programs closed and filled up.

Amarathripple0:
With the way these universities treat international students, I’ve come to realise that these UK universities only care about one thing and that’s Money. During the Masters sef, you practically teach yourself. If her brain is still capable, she should take up another masters if not, I would advise you do the Masters instead so she can look for a job in her field as your dependant and hopefully (not promised though) get Tier 2 sponsorship. Masters isn’t required here to get a great job anyway, experience and certifications are what matters the most. Really sorry this is happening to your family but you have to make a decision fast as the clock is ticking.
TravelRe: Living In The Uk-life Of An Immigrant (part 2) by ttmacoy: 1:53pm On Jul 15, 2022
Yes you are right many of these universities are aimed at making money from international students, and this isn’t helped given the average Nigerian youth here in nairaland is looking for a cheap university that has easy entry requirements.

It’s like someone I know doing MBA at Northampton then wondering why he is not getting good job offers like the better schools like LBS etc, well that’s the price when you seek cheap school with no gmat etc entry requirements so just quick and easy.


Amarathripple0:
With the way these universities treat international students, I’ve come to realise that these UK universities only care about one thing and that’s Money. During the Masters sef, you practically teach yourself. If her brain is still capable, she should take up another masters if not, I would advise you do the Masters instead so she can look for a job in her field as your dependant and hopefully (not promised though) get Tier 2 sponsorship. Masters isn’t required here to get a great job anyway, experience and certifications are what matters the most. Really sorry this is happening to your family but you have to make a decision fast as the clock is ticking.
TravelRe: Traveling To Samoa by ttmacoy: 11:06pm On Jul 02, 2022
Nigerians I hail thee, it’s now Samoa’s turn.

From the little I know of the island it is small so I think it will be hard to blend it and get work etc.

Also I assume you mean Samoa proper not American Samoa right. For me I wouldn’t go. It it’s your call and all depends on your situation in Nigeria.

Terdue:
Please my people, how do I cope in an island like samoa if I am going there for the first time and have no relatives therehuh?
TravelRe: Please I Need Information About Georgia Visa by ttmacoy: 3:15pm On Jun 13, 2022
Please stop deceiving people just because you want to make money.

GeorgianTravel:
A no no because of what standard?
The country is cool with every basic amenities working perfectly. Nigerian students are living their lives here.
Tell people what exactly is your problem with the place.
If you plan to come to Georgia to make plenty of money, you may be disappointed at the end of the day. jobs are limited, should you get the English speaking jobs, it will not pay you very much.
In summary, it is not for hustlers, if you want to have European standard education and affordable cost of living then you should consider Georgia.
TravelRe: Student Visa For Georgia Tbilisi by ttmacoy: 3:14pm On Jun 13, 2022
What do we expect from a travel agent who's moniker is Georgian Travel?


GeorgianTravel:
This place is best for schooling. many would be saying trash about the place but it is not exactly what they are saying. Georgia is a nice place if you have a sponsor. work is limited but there is a handful of English speaking jobs. if hustle is the main reason you want to travel then look elsewhere.
TravelRe: Why Nigeria Remains A Better Choice Than Abroad by ttmacoy: 3:26pm On Jun 10, 2022
no it's not, that's a big lie.

Also to compare cost you need to compare against income not just absolute numbers. Someone on minimum wage in the UK can pay rent/mortgage, yes not a huge luxury house but still better than the house someone on minimum wage in Nigeria can afford. They can still go on vacation annually, the Nigerian on minimum wage cannot even think of that, and I can go on but my point is the cost has to be adjusted to the income not just comparing this cost x in this country and y in that country hence tat country is cheaper. That's a ridiculous way to compare.

staga:
There are pros and cons to every side. Abroad, you can easily get financing for anything you want to buy. That in Nigeria is virtually non-existent, except for those working in high-end MDAs such as AMCON or PTDF.

But the cost of living abroad is insane. BTW, Nigeria is the 3rd cheapest country to live in.
TravelRe: Why Nigeria Remains A Better Choice Than Abroad by ttmacoy: 3:19pm On Jun 10, 2022
Why you dey lie? It's not that hard finding a job that pays more than 15k GBP, that is basically minimum wage. Basic job at grocery store job at Tesco etc. will get you a little higher than minimum wage and is easier than bricklaying by a million miles.

Someone on minimum wage in the UK will still have a better life than equivalent in Nigeria. Free and better healthcare, free and better education etc. If you have low income with kids you get some benefits none of which is available in Nigeria. You can get child benefits, housing etc. depending on your income and number of household.

As an educated person you can get a proper job earning more easier than Nigeria. Not saying it is easy, it still requires work but compared to Nigeria it is easier.

EkelediliBuhari:
Yes Some factories pay more than 7k per day....

if you add light, water and transportation bills, the Uk still trumps nigeria bruh.

Overall living expenses abroad is over the roof compared to Nigeria.

Finally be informed that finding a job that pays above 15k per anum in the UK is a herculean task.
TravelRe: Why Nigeria Remains A Better Choice Than Abroad by ttmacoy: 3:17pm On Jun 10, 2022
Why you dey lie? It's not that hard finding a job that pays more than 15k GBP, that is basically minimum wage. Basic job at grocery store job at Tesco etc. will get you a little higher than minimum wage and is easier than bricklaying by a million miles.

Someone on minimum wage in the UK will still have a better life than equivalent in Nigeria. Free and better healthcare, free and better education etc.

EkelediliBuhari:
Yes Some factories pay more than 7k per day....

if you add light, water and transportation bills, the Uk still trumps nigeria bruh.

Overall living expenses abroad is over the roof compared to Nigeria.

Finally be informed that finding a job that pays above 15k per anum in the UK is a herculean task.
Jobs/VacanciesRe: Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? by ttmacoy: 1:15pm On May 26, 2022
Irrespective of if your rich or not he should not be expecting you to pay for stuff for him all the time.

Once in a while is fine but this sounds entitled and like he is taking the piss.

ObosiUkwalla:
So I was arguing with a friend who stays in the states and he keeps saying I am a rich guy.

Current salary is about 512k per month (take home), and has an annual increment of 15% of your take home. This is aside perks of perdiem anytime I travel outside work base (15k per night).

Anytime he wants me to have minor something done in NG on his bahalf, he expects me to use my money and whenever I ask, he tells me not to complain that I am rich (he knows what I earn), I don't have a problem doing those things for him.

I don't see myself rich and pls guys, what can someone earn in Nigeria to be termed rich. Your opinions will count alot as I still find it hard getting the usual daily stuffs we all use.
I am not married and do not have responsibilities. My mom is a retired govt worker and other siblings are all working.

Cc: seun mynd44 pls help us for more audience and opinions
CelebritiesRe: Floyd Mayweather Shows Off The Shopping He Did In Dubai (Photos, Video) by ttmacoy: 12:40pm On May 20, 2022
From what I see the bags are all western brands aren’t they?

He spent a few thousands and will make a few millions from an exhibition fight funded by the Arabs, who won?


Zonefree:
The West are also slaves to the Arabs one way or the other.
EducationRe: 5-Year-Old Boy Drowns During Swimming Lesson Organised By His School In Lagos by ttmacoy: 10:47pm On May 19, 2022
It's sad he lost his life but surely this is a reason why our kids need to learn to swim early in life to avoid such accidents. The solution is not to say that's it we're not going to swim ever.

That's like saying because people die in a car accident then we should not drive again, no it means we should ensure proper safety procedures are put in place and ensure our drivers are trained to drive safely.

The issue here is negligence, the teachers were responsible for ensuring the children in their care were taught to swim safely and they failed.


MerciMe:
Why do 5-10 years need swimming practice sessions for heaven's sakes?

It' high time school owners vet non-schooling engagements they expose their students to. See, now, such good will and years of efforts will flush through the drain over some non-sensical activity that would have been suggested by a fool
FamilyRe: Should A Guy Friend Go Back Sit While Girlfriend/wife To Sit At Front Of A Car? by ttmacoy: 3:25pm On May 11, 2022
This mindset is so immature I don't even know where to begin

fineboynl:
Should a guy friend go back sit While girlfriend/wife to sit at front of a car?

It seems we have lost it in this generation.

I keep on seeing this happening. If it's random friend it's understandable but not a real close friend or a relative. It's not done from where I came from and improper.

The wife/girlfriend can't sit at the front when I visitor like close relative or close friend is in the same car.

It look like this act is causing serious issues in many home and relationship if the girlfriend or wife don't sit at the front when a real friend or relatives are around.

Or is this the normal?
TravelRe: Jakpa To Bolivia by ttmacoy: 6:49pm On Apr 11, 2022
I do not need to travel to Nicaragua or Bolivia to get a sense of how things are there same I don't have to travel to Afghanistan to know life is hard there.

You say the first step is to get resident permit, how will he get the resident permit? Based on what program or laws? Your advice of just go there and an agent will sort you out is a red flag as many times they go and get stuck and can't go backwards or forwards and have to hustling and hiding around to survive.

If you truly believe he can get resident permit spell out the process here and make it clear not just go and when you get there an agent will sort you out.

yes life in the US can be hard for illegal immigrants, guess what it is worse in countries like Bolivia etc. You can blend in more easily in the US and still find work, you can't in Bolivia hence why you keep saying they will do business.

It's up tp the OP but be careful going to certain countries as an illegal immigrant. In reality we should not be going to any country to be illegal but I understand situations force people.


[quote author=sliksusan post=111836826][/quote]
TravelRe: Jakpa To Bolivia by ttmacoy: 2:26am On Apr 11, 2022
Using Nicaragua as a comparison is a very low yardstick, and there's a reason the Africans you mention are living there do business, it is because there are not many other opportunities for them there so they have to focus on business.

It all depends on what the person going is after.

Countries like Bolivia is not a good country to be an illegal immigrant especially as a black man, and I don't see how Nigerians will qualify to migrate to Bolivia to live and work legally.

sliksusan:
you can have Bolivian colleagues said to you that there country is poor but l can still tell you that Bolivian rich more some south america like nicaragua and some africa country our Nigeria brother working there and living fine
Foreign AffairsRe: Colonel Alexander Bespalov Killed! Putin Loses 9th Top Ranking Officer by ttmacoy: 7:22pm On Apr 09, 2022
With the amount of Russian propaganda, one would have thought that the Russians would have taken over Ukraine by now.

AJSfan:
must be a good mess if less than 100k troups are giving a 600k military plus thousands of nationalist fighters such a hard time.

With the amount of western propaganda in March, one would have thought that the Russians would have retreated and Putin will be in handcuffs grin
InvestmentRe: Elon Musk Snaps Up $3bn Twitter Stake, Becomes Twitter's Largest Shareholder by ttmacoy:
I was about to type the exact same thing, you explained it so well.

Nairaland could have been a lot more if he was driven but he seems happy to just make some money for himself and stay in the shadows.

Nairaland and Facebook were founded about the same time and Facebook now employs over 71,000 people, how many people does Nairaland employ? Moderators like justwise who invest a lot of time on the platform should be well rewarded, I'm not sure but it seems they volunteer.

Can you imagine how may other ventures and technologies Nairaland could have helped spawn in the Nigerian tech scene? How much taxes it could have generated to help invest in the country? I can go on and on. Nairaland should be listed by now on the Nigerian Stock Exchange making an impact to peoples investments, pensions etc. You see how wide reaching the impact of such a successful company can be?
Facebooks's IPO made over 1000 employees millionaires and many others thousands of dollars through stock awards. The more wealth he shares while working with other innovators the wealthier he will be because yes his share of the pie is smaller, but it is a smaller share of a much larger pie.

And this approach does not only apply to Seun and Nairaland, I see it in many other Nigerian ventures, keep it small and focus on me making my money. Employ a few people, pay them peanuts and be the almighty rather than be more open to ideas and suggestions from other smart people and pay them well. Succession planning is another big issue for Nigerian businesses.

As you said no man is an island. Seun is definitely a smart guy but he doesn't know it all and in today's world companies need to source innovation both inside and outside the company.

Looking at innovation, every few months something new comes out from Facebook, some tweaks and changes/improvements to the platform, new products etc. Nairaland website has been the same for years now. What new products have the released?


MathewOG:
Which shares , Seun is not a modern entrepreneur, he doesn’t think of innovation at its core . ( His belief of if it doesn’t break don’t fix it ) is flawed . Nairaland could be Nigerias answer to twitter. Especially during the twitter ban , but dude kept sleeping and enjoying his monthly millions of Naira . Seun should open up Nairaland to innovative thinkers . Soloprenuers don’t last long except you’ve got deep pockets like Musk . Elon still has investors in Tesla ( We own stocks ) , SpaceX , Boring Company , etc. No man is an Island is a REAL quote ……quote author=PlayMaker14 post=111638407]Elon has beat me to this....
Foreign AffairsRe: Barack Obama's Daughters, Sasha & Malia Enjoy An Afternoon Stroll by ttmacoy: 12:04pm On Mar 20, 2022
It wasn’t their parents estate, t went on a hike in a public area. How big will their parents estate be that they go on a hike there and how will press get pics of them in the estate?

The girls moved to California while their parents live in Hawaii and I think they still maintain their house in DC.

pocohantas:
The OP didn’t give a detailed post. It was actually inside their parent’s estate.
TravelRe: Man Tricks Wife And Kids Into Visiting Nigeria, Dumps Them And Returns To Spain by ttmacoy: 8:56pm On Mar 16, 2022
.
SportsRe: Cat Video: Kurt Zouma, Brother Charged Under Animal Welfare Act by ttmacoy: 8:52pm On Mar 16, 2022
Please stop abeg, they were both very very stupid. They know how animal rights work there and they not only did what they did which was unnecessary but stupidly uploaded it to social media. What were they expecting? Praise and celebrations?

Righteousness2:
The World is Filled Pretenders, Confused and Evil people.

You are going around hunting a man down because he hurt a cat.
Meanwhile the same people are sold out to abominable and wicked acts that Hurts and Provokes GOD ALMIGHTY.

Who is Deceiving who?

You guys should stop these nonsense and leave those guys.
TravelRe: UK Suspends Student, Work Visa Applications In Nigeria by ttmacoy: 2:02am On Mar 16, 2022
The fact that your response to the UK treating us an an inferior race is to look for another country to run to is proof that we ARE indeed an inferior race.

A superior race will say how do we fix our country so we become superior rather than well which other country can we run to.

yinkeys:
We are definitely treated as the inferior race. huh
Nigerians should choose other countries
Forget the UK
Been saying this for years now
Jobs/VacanciesRe: Lady Denied Employment Because Of Leg Chain. by ttmacoy: 12:15am On Mar 15, 2022
Stop being over dramatic, a simple leg chain to bikini is an unrealistic and unreasonable comparison.

Yes there are extremes same as everything and moderation is key. The world is advancing way beyond this mentality, companies doing away with ties etc and rigid ways and you are all here still getting angry over leg chain. Goodluck attracting international world class talent to Nigeria with such attitudes.


ASPIREX:
You displayed matured objectivity here.

She went for an interview....ostensibly in a corporate set-up and she wore a leg chain. There are some organisations that wouldn't bother about it,some other companies will not even allow you access to the panel. Why not steer the middle course....go without the leg chain, nose studs or multiple earrings and then after joining the organisation you can gently show them your true colours.

By the way,those of you approving of this dress code....I hope you will be happy the day you are attended to at public offices with bikini clad officials....after-all the hood doesn't make the monk.
Jobs/VacanciesRe: Lady Denied Employment Because Of Leg Chain. by ttmacoy: 12:04am On Mar 15, 2022
You Nigerians are a small minded judgmental bunch, I do not like or have leg chains but it's not my business of someone else does. All this holier than thou behavior is ridiculous and can only happen in a country where people are desperate.

Obviously moderation is key especially for some occupations but a leg chain, really? If Nigeria was at a place where there was abundance of jobs and people had choice rather than desperation trust me you will drop that rule so quick if not you will do your work yourself. This bullying and subjugation only works because the populace are hungry and desperate.

This is the same country where employer will offer N50k and tell you you have to work 7am - 8pm Mon - Sat and you will shout yessir is that enough? Try all that in a country that works and see how quickly you will go out of business.

Bigredmachine:
What has a leg chain got to do with the job, was the question... Now the answer is... What is the work of the leg chain on the leg...

I have come to a conclusion that many people don't have any tangible reasons as to why they do some certain things in this life, because u see other people do it, u too just want to do it...

If for example my friend who is a musician tints his hair, pierce his ear and draws tattoo on his body (just to promote his hustle) and because it looks good on him, then me an aspiring banker or a medical doctor should i now go and do same, just because it looks good... Anyway I digress

This empty skull headed girl, would see it as normal and something accepted by the general public...

Am happy she did not get the Job... Cause her appearance has already showed she's irresponsible...
Foreign AffairsRe: Rising Fuel And Food Costs Push US Inflation To 7.9% by ttmacoy: 7:55pm On Mar 10, 2022
He is a hero to his people? Really?

Hero ko hero ni. He is dictator simple. No one should be in power for over 20 years, NO ONE so pleas drop the hero bullshit.

Africa should stop being life support and step-up, continue to use colonization for an excuse is the reason why we will continue to be the footmat of the world. Look at China in how any years and we are still there playing the blame game.

Again all you have said does not justify anything Putin is doing today so stop trying to link it back to colonization.

An your comment about Gaitling guns etc. shows why we were colonized, we were weaker simple. Those western countries were colonized by Russia, fought back and got stronger, Africa still blaming in 2022.

BKayy:
A dictator that doesn't want an enemy building a base in her backyard. Putin is a hero to his people. He is uprooting what might pose a threat to his country's next generation.

As for the colonialism part. Yes Russia colonised some Europeans but that is someone fighting his mate not the West exploiting Africa forever after fighting their ill equipped ancestors with gatling guns and cannons.

If the west want accolades, they should fight their mates and stop using Africa as a life support.

Now answer my own questions.
SportsRe: Three Suspends Sponsorship Of Chelsea With Logo To Be Removed From Shirts by ttmacoy: 7:33pm On Mar 10, 2022
While I agree innocent Russians will be hit hard, Putin will also be hit. Oligarchs losing money impact their loyalty to him and also increases chances he can be removed. A dictator can control people easier when they are fed, when they are hungry its easier for them to turn against him.

Unfortunately this is the best option aside a full on war which will have more impact on both Russians and other countries citizens who will be
caught in the cross fire. No solution with no suffering unfortunately.

chatinent:
They are using the Russian war to punish innocent Russians...and guess what? None of these sanctions has affected Putin personally in any way.

It's all on Russia...mostly the poor Russians! Putin and co are rich...don't you sanctioners get that!
Foreign AffairsRe: Rising Fuel And Food Costs Push US Inflation To 7.9% by ttmacoy: 7:11pm On Mar 10, 2022
Are you done with your nonsense?

Russia may not have colonized Africa but they colonized other regions so same thing.

How long can you be used as fuel for a dictator using historic colonization as excuse to defend and support a dictator like Putin. Well-done.

BKayy:
How long can you as a African bear the over exploitation to coming for them to offset the over dependence on Russian gas?

Have you forgotten why Russia did not colonised any African country despite them being invited and participated in the Berlin conference?

Have you forgotten what led to Colonialisation of Africa?

How long can you be used as fuel to power white peoples lives at your own detriment?
Foreign AffairsRe: Rising Fuel And Food Costs Push US Inflation To 7.9% by ttmacoy: 7:02pm On Mar 10, 2022
Na lie, the bulk of the inflation was as a result of low interest rates and unprecedented stimulus pumped into the economy due to the covid shutdown and it will go down due to increase in interest rates which were already expected even before Putin's war and other measures to source oil from other countries. It's not only Russia that sells oil and gas, and the US also produces oil btw.

Russian inflation rises by 2.2% in just one week, let's see how high it will be by end of year when the economy has been destroyed. I only pity the innocent Russian people who are not in support of his crazy war.

https://www.bloomberg.com/news/articles/2022-03-09/next-shock-is-here-for-russia-as-inflation-rips-through-economy

The pain may force Russians and the oligarchs to finally get rid of Putin.

For comparison the US benchmark interest rate is 0.25% compared to Russia which just doubled to nearly 20% so even if the US increase to 1% or max 2% it will go a long way to curb inflation. Russia on the other hand has limited options. Russians are losing jobs etc, how will they pay 20% interest on their loans, mortgage etc.?



Rexymania:
7.9? US go duh dey hear am by now
Foreign AffairsRe: Rising Fuel And Food Costs Push US Inflation To 7.9% by ttmacoy: 6:51pm On Mar 10, 2022
The west have not shot themselves in the foot, it was always known that there will be short term pain but the pain is very very minor compared to the pain Ukrainians are facing so its a pain they are willing to bear, and it is short term.

The energy supply chain will change and adapt and Russia will lose out long term. Russia economy is dependent on energy sales so lets see how they cope, China cannot replace all the other countries who bought from them and also China will want to mitigate its risk and will not buy 100% from Russia.



BKayy:
Told you so. The West shot themselves on the foot by trying to repeat the same move they used on the Soviet Union and other Communist/Socialist they destroyed.
The West is losing even though Russia haven't started her own sanctions. You can't beat a player in his own game.
The only way to beat communism is by infiltrating into the minds of the masses with propaganda like they have successfully rendered Africans eternal slaves but it won't work in Russia where most don't like Western media.

Economic sanctions doesn't work on Communist countries, this is why North Korea is still alive and more developed than 80% of Capitalist countries. Communism as a philosophy is designed to protect the poor man at the expense of the rich. This is total opposite of what Capitalism preaches which is for the few rich to live on the blood of the poor masses. If you can't deceive the masses to rise against a communist leader, you can't scratch the country.
The attack on Russian Oligarchs is merely teaching Russia the full meaning of Communism. Thereby doing the masses a favour

This is the end of Capitalism. If Putin didn't figure out how to bypass the trick, he wouldn't have invaded Ukraine.

Goodluck to Europe as they are about to buy gas 10 times more price as they used to buy it before, thanks to their own sanction on Russia. It is either they find a way to use Africa to fill the quota at the expense of Africans or watch themselves die.
Foreign AffairsRe: Russia Hits Back At Western Sanctions, 48 Countries Will Be Affected by ttmacoy: 6:21pm On Mar 10, 2022
When are you moving to Russia?

ManirBK:
Good one how I wish the ban may cripple UK Government, I hate them a lot because of their hypocrisy to Russia.

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