₦airaland Forum

Surprised no one has mentioned the OPs wife might be lesbian hiding behind religion. That could explain a lot

For all those saying campaign council this, campaign council that…I have a close family member that is an APC PCC director and I know from inside info that most are all looking for ways to take and share tinubu’s money while they vote for Obi at the general election

Is this a causal relationship or a correlation?
Do you have the data to back up this claim?

Causal - Are people using hard drugs because they used marijuana first and that led them to harder drugs?

Correlation - Do people who use hard drugs also just happen to use marijuana as well?

You can make the same gateway claim for alcohol and nicotine because there is data out there that shows correlation between alchohol/nicotine use and hard drug use but it’s interesting you don’t hear them tagged as ‘gateway drugs’

Docodes:
But Marijuana is bad and a gateway drug to all dangerous poisons

Imagine running a business where you keep borrowing with nothing productive to show for it. How can that business survive in the long term?

These are short to medium effects of climate change something no one in leadership has thought to address. Being a country on the equator, we will continue to see these effects in the form of extreme heat, increased rainfall, and rising sea levels contributing to flooding

Responding to online trolls will get you nowhere. Save your energy for more constructive conversations

pacesetting:
My friend, you are gradually heading to the realm of stupidity and I'm not ready to go there with you. Sorry I tried, but I can't help you any further.

The Us borrows not because they can print UsD but because they can maintain their debt to GDP ratio at a sustainable rate by controlling the interest rate. As long as their growth rate remain higher than the interest rate of borrowing, they are able to service their debts. This is the basic principle of borrowing and why Nigeria’s current capital structure is broken

Iamgrey5:
The only country in the world that borrow forever is the united states of America.

That's because the global currency of choice is the American Dollars, So they simply raise the debt celling (print more currency) when they need more money.

Although inflation can become a real problem, if they print too frequently without finding ways to reduce the money in circulation.


Nigeria on the other hand, can only borrow money until our debt to tax ratio is dangerously close as it is now.

When it is close, we will simply be using a substantial portion of our budget to service debt and have very little left to run the government or do capital projects.

As it is now, we run the risk of a total default as we are running out of money to run the government because of debt servicing.

NB: We can't use debt to GDP ratio in Nigeria because our tax to GDP ratio is very low.

This is the problem with Nigeria..someone diea and everyone is trying to find the nearest excuse…cultists, reprisal attack, he stole something. People refuse to address issues head on and look at the facts and data and have a public debate on security/other issues. Until then let’s all keep deceiving ourselves that everything is ok

There are a number of reasons why the US can accumulate debt to this extent:

1. Their interest rates are low and their GDP growth rate is high which means that they can keep their debt to GDP ratio at least constant or reducing. What this mean in essence is that they are easily able to refinance their debts.

2. The US serves as a global banker to the world. A major reason the US has a trade deficit is because investors from all parts of the world are the US financial and stock markets as secure and with very high ROIs and so this means they keep pouring money and investments into the Us economy which results in the negative trade deficit. The US takes that debt liability from other emerging and developed markets and turns it into riskier equity asset investments in less developing countries. Some times it works out and some times it doesn’t. Overall new investment means capital growth and returns which goes back to finance debt and grow the economy.

3. The US dollar is the main fiat currency used as a transactional basis in all markets around the world. This means that when the dollar depreciates, their debt becomes cheap and they can more easily refinance that but vice versa when the dollar appreciates, you can think of it as transferring wealth to their creditors.

Just like any corporation, country or bank runs a balance sheet where assets = liability + equity, the US is able to do the same using low equity to create growth and finance their liabilities by using sound strategic economic and investing policies

DamnnNiggarr:
is it advised for a country to engage in printing of cash as a means of generating revenue??

That's the bone of contention here.

Though, I'm not an economist as I stated earlier but encountered it in my early years in the university. Just that I'm good at what I do.
None of my course mates(QUS) can remember 2/10 of what I just stated up there.

There are a lot of quack “economists “ in this thread starting with this fella. GDP and external debt are two different macroeconomic figures of metric. One is a stick variable and the other is a flow variable. They are used in tandem and not for economic comparison

DamnnNiggarr:


Just like USA with a GDP worth of $24 trillion(2021 estimate) but has a gross external debt of over $21 trillion.

Imagine a country that has annual expenditure of $7 trillion but with annual revenue of $3.4 trillion.

If not that Nigeria's government is not transparent, Nigeria would've been one of the richest country in the world with an annual expenditure of $30 billion and annual revenue of over $50 billion.


I'm not too good in economics but with the knowledge I got in eco101, 102, I can unequivocally tell you that Printing more money doesn’t increase economic output – it only increases the amount of cash circulating in the economy. If more money is printed, consumers are able to demand more goods, but if firms have still the same amount of goods, they will respond by putting up prices. In a simplified model, printing money will just cause inflation.

*Suppose an economy produces $10 million worth of goods; e.g. 1 million books at $10 each. At this time the money supply will be $10 million.

*If the government doubled the money supply, we would still have 1 million books, but people have more money. Demand for books would rise, and in response to higher demand, firms would push up prices.

*The most likely scenario is that if the money supply were doubled, we would have 1 million books sold at $20. The economy is now worth $20 million rather than $10 million. But, the number of goods is exactly the same.

*We can say that the increase in GDP is a money illusion. – True you have more money, but if everything is more expensive, you are not any better off.

*In this simple model, printing more money has made goods more expensive, but hasn’t changed the quantity of goods.

So Mr huptin, why can't Nigeria just print ₦aira to tackle Nigeria's economic mess? Nah! It doesn't work that way.
If only 20 bags of rice is produced in your location, assuming only only 5 people are able to purchase a bag at say 20k out of 100 person's due to lack of money and the government decides to print more money to be in circulation in the economy, and about 50 person's now have cash, now what will happen is that, more people now have cash and it's still 20 bags of rice that is being produced which will lead to high demand for a bag of rice.
Do you know what the producers will do? They will respond by doubling the price of a bag of rice.
I hope it's clear now.

Just this week, gunmen claiming to be IPOB attacked a peaceful Ehime Mbano community in Imo state and beheaded a vigilante claiming that they are coming back for more. For all those claiming the east is peaceful, I can send you the videos and pictures (it’s not for the faint of heart)

No matter however long it takes the world (even super ‘religious-centric’ Nigeria) will progress away from these archaic views. Equality and fairness for all no matter your race, gender or sexuality

panafrican:
Congratulations !

Hopefully you are not there to defend LGBT rights . You were born from a traditional family , do not destroy it.
African -Americans have been so disappointing with their gay right inclined culture.
Stop pleasing the White man.
Just disgusting!

When the IMF talks, to some it sounds like they are against Nigeria. But it’ll get to a point where Nigeria may not be able to service it’s external debt and once it defaults on its loans, it’s creditworthiness ratings fail, that’s when the real trouble sets in. With no external creditors, the government will have no other choice but to print more money which they are already doing -> hyperinflation. Everyone thinks what happens in Zimbabwe happened magically overnight? This is the same story unfolding

Unfortunately I can confirm this whole story to be accurate . I was in Okigwe when it all unfolded and the rescue mission was undertaken. Whole communities turned to kidnappers den with youths drugged out of their minds on meth and now cannibals…

No reason to get angry or offended here. This is just an online forum. Again my post is not on FIFA World Cup sharing formula. I am well acquainted with that topic.

My post and I reiterate again is with regards to the actual USSF contracts here which obviously USSF has seen value in equalizing both the men and women's pay.

SmartyPants:
What a silly thing to say. My response was not to add any "valuable feedback" on what you posted because what you posted was off-topic and itself, not valuable in the context of the discussion.

You obviously do not even understand the issues.

The aspect of inequality is in how prize money from FIFA is shared. The women want an overall equal share of all USSF revenue which inlcues the totality of FIFA prize money, regardless of which tournament the money comes from, whereas the equality that is offered by USSF is equality in terms, such that if a male player gets 10% of Fifa Mesn world cup revenue, a Women's player gets 10% of Fifa women's world cup revenue.

This case has already been thrown out at Court so if you want to understand it better, quit skimming off headlines and go read the actual Court Judgment and arguments by both sides.

This topic is about equality in contracts offered by USSF not FIFA. World Cup revenue is a component to that. My original response is to look at the actual revenue data for what both teams have earned over the last couple of years and make a case for the equality in contracts. Your response added no valuable feedback to that.

SmartyPants:
Mr Uche I said the article under discussion is specifically dealing with the topic of equality in payments from FIFA. These quotes are not from that article--therefore your immediate post which I replied to before this one, was clearly wrong--nor do they have anything to do with the subject matter.


That is because the subject matter is equality in FIFA revenue not sponsorships and marketing where there is already equality. Do you get it or still wish to meander?

Here you go. Note the US men's team did not even qualify for the 2018 men's World Cup while the women's team won the 2019 women's World Cup with a prize money gof USD 4 million

"Specifically, from 2016-18, the women’s team brought in $50.8 million in revenue, while the men’s team brought in $49.9 million. That’s a difference of less than 2% in the women’s favor.

Looking year by year, 2016 was actually the only year in which the women’s team generated more revenue from games — $24.11 million, compared to $22.24 million for the men. In 2017, both teams brought in about the same revenue at $14.61 million, and in 2018, the men’s team brought in $13 million compared to the women’s $12.03 million.

This pattern marked a reversal from prior years: In 2014 and 2015, the men’s team earned $8.31 million and $11.71 million more than the women’s team, respectively.

Beyond game revenue, U.S. Soccer brings in money through marketing and sponsorships; this category accounts for about half of the total revenues in recent years. Marketing and sponsorships, which includes the sale of broadcast rights, is hard to credit to either the men or women, because these transactions are made as a bundle, not separately for each team."

SmartyPants:
Maybe you wrote your own article and were reading that one in your head.



Can you point to a single mention of any revenue source other than Fifa prize money?

Actually this is very relevant. The US women won't the FIFA 2019 Women's World Cup taking home USD 4 million while the men's team did not qualify for the 2018 FIFA men's world cup.

MasterJayJay:
Your research is adulterated. Why exclude world cup?

This article does not specifically discuss World Cup revenue. It covers revenue from all avenues

SmartyPants:
In an article that is specifically discussing proceeds from the World cup, how is this relevant pr insightful?

No one bothers to do research anymore.

The US women's team has been brought in as much revenue or more (excluding World Cup pay) as the men's team over the last 6 years

https://www.politifact.com/article/2019/jul/11/does-us-womens-soccer-team-bring-more-revenue-get-/

Nothing .

I am wealthy but not sharing that. Good looking but who fine boy epp... great at sex but who sex epp... don’t plan to settle down. Only present in the moment... always working and travelling...don’t want kids. So I better stay away

Pretty obvious she is looking for more so just let her br

fubbyy:
My 2016 new year resolution was to quit all these dramatic relationship and go into "friends with benefits" in Early 2017 I met a lady and we got close quick but how to tell her what I wanted was the problem, to me I felt it's like asking someone to be a prostitute, Because of that I ran away from her

Now I've met this one in one church at cross over night on 31st December, we started getting close real quick, I've made up my mind to tell her what I wanted, on valentine day she was the one that took me out and started telling me how her previous guy broke her heart and how she wouldn't want that to happen again, I just got weak

Please how can one tell a girl he wants "friends with benefits" or where can I find one, does it even exist?

kimbraa:
I don't get you. Are you now saying people don't have the right to be angry when angered no matter the magnitude?.

A wise man once told me “anger is the punishment we give ourselves for other people’s mistakes...”

ansger:
I'm not jealous. I just think that she's over doing it. Why will she want to go to the funeral?? as what specifically?? Maybe I'm not a very emotional type, but me crying over my ex like that seems funny! fine, I can mourn her, but crying for straight 48 hrs is nonsense. She was even comparing the guy's death with her father's. If the guy were to be alive, I know vividly that she will cheat on me with him. I just think that she takes me as a plan B! I'm just quite angry about the whole thing.

You are effectively saying you are jealous of the guys that just died. Read your comment again

Guy It’s time to get your ring back

namedonfinish:
Because they are surprised that the guy finally got guts now.



All this men that are scared of responsibility sef.

It's not that they are scared of responsibility. They just don't want to be responsible for you

"While on my way to St. Ives, I met a man with seven wives. Each wife had seven sons. Each son had seven sacks. Each sack had seven cats. Each cat had seven kits. How many were going to St. Ives?"

Just you

Lol all of you guys getting deceived by the op. Probably a dude writing as a woman. Herpov "her point of view" also which kain woman dey admit their fault?

Guy see as you wan carry headache come kill pesin

Bullshit. I only want to be with someone who is herself and I am compatible with. This is ops list

PietraK:
Can someone please help me with advise?

I find it difficult staying long with a lady.

Once i eat the forbiden fruit, i lose interest totally until Konji awakens my interest in her again.

Sometimes it's 1 month after or more. But i completely lose interest and make efforts to excuse ladies from my life after the act. Only to start going after them again with great affection like my survival depends on them when konji arrives.

Please advise... Out of experience and without insults.

Thanks

Not a problem.. You should count yourself lucky! Ba wahala

Nma27:
hmmmmmm

I've got some extra baskets..