Stats: 3,186,744 members, 7,930,541 topics. Date: Saturday, 24 August 2024 at 09:10 PM |
Nairaland Forum / 4Play's Profile / 4Play's Posts
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BlueRayDick: The only new development is ESN as what you listed from 1 to 4 were all existing during GEJ's era but many Southerners didn't care or pay attention. 1 Like |
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trutharena: Do you think the Fulani care if you sit at home for the next 10 years? You need to explain how sit at home practically leads to the betterment of Igbos. You people always reason emotionally like a pregnant woman. 2 Likes |
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Vicotex1: This is the just word salad using nonsensical talking points widely circulated on the internet. How do you demilitarise a country that because of this war is constantly being replenished with weaponry by outside forces? How is Donbass region secure? Maybe you should go visit or at least Putin can do a publicity visit as it's secure. You have denazified a nation of 40million you claimed it's full of Nazis within 1 month? So all the Ukrainian Nazis are gone. 2 Likes |
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duro4chang: Please explain to me: Is your reasoning that because the US invades, Russia should invade too? 3 Likes |
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Drenimarcus: Can you read Russian? You just need to show us a recent public appearance by the missing defense official. 2 Likes |
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princeeze1: It's not about personal but national success. No matter how personally successful you are, you ultimately see yourself as a Nigerian. As a person from a country associated with failure, your sense of national identity is associated with failure. What do a lot of people who have strong association with failure do? They find it easy to resent those associated with success. It's not about NATO criticism, I too believe that NATO had no business expanding into Eastern Europe. Where I draw the line is the way Nigerians like you gloat about the killings in a war that has nothing to do with you. Have you not realised that even the Russian government describes the war as a special operation (they don't refer to it as war) and don't take responsibility for the civilian deaths because they think the Russian people won't approve of such deaths? If the Russian government thinks this way, why do Nigerians like you gloat about such deaths? As for China and India being major economic powers, of course, they have populations in excess of 1bn each but if you combined their economies, it's still smaller than the US which has a fraction of their populations. So of course, people there easily resent Western powers because they view the West as more powerful and successful than them. Maybe you as a black man should relocate from the West to China and India since they are such a success. 2 Likes |
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princeeze1: What has Western hypocrisy and double standards to do with the facts that people are being killed in a war of choice and you gloat about these killings like a mindless savage as if you have a personal stake in the dispute? You abhor the Western world you reside in and applaud Russia, have you ever considered moving to Russia where they obviously don't exhibit any of the hypocrisy or double standards you so gleefully denounce? This idea that Zelensky is to be condemned for resisting the invasion of his country or that it is even entirely up to him as to whether Ukraine should resist Russian invasion is absurd. Do you seriously think that if he died today Ukrainians will immediately surrender? Also, who takes a morally degenerate wife beater like Fani Kayode seriously apart from Nigerians? As a government minister, he was a corrupt failure. In the West where you live, do people like him still have public platform to opine on things? You don't care for an international relations professional like Geoffrey Onyeama's view but it's Fani Kayode who you listen to. FFK is an idiot's idea of an intellectual and the fact you take him seriously speaks volumes of your limited intellect. In my view, the popularity of anti-West diatribes amongst Nigerians is fueled by resentment/envy about how much better off they are compared to us. This is even more pronounced amongst people who live in Nigeria (not all) and is amplified amongst our Muslim fellow Nigerians who absorb a lot of anti-West hate mongering. Generally speaking, in any walk of life, people associated with failure envy/resent people associated with success. Nigerians are more likely to jump on the anti-West bandwagon as our country is a woeful failure. Why is Nigeria a failure? Because it is full of people like you who do not value human life and accord charlatans like FFK respect and elevate him to positions of authority. 1 Like |
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The fact that after 62 years of abject failure following independence, the likes of Tinubu and Atiku are serious contenders for president tells you a lot about how hopeless the country's prospects are. 4 Likes 2 Shares |
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Difrent: It took the US a few weeks to defeat and remove the Iraqi and Afghan governments. After this, the next phase is military occupation which takes years and proved failures. Russia is yet to succeed in the first phase of the removal of the Ukrainian government. The chances of them being able to successfully occupy Ukraine in the next phase is very slim. 1 Like |
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Investigative: Do you think Putin being in power for 22 years and members of the opposition being in prison might prompt a lot of criticism of the Putin regime? 1 Like |
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princeeze1: Seeing these kind of bitter anti-west posts, I have a theory. A lot of Nigerians gloating in the slaughter of women and children in Ukraine like the stereotypical "African savage" are often based in Nigeria. This must be the frustration of living in a hellish country, whilst you think the West is a success story to be resented. Because you are confronted by the failure of the country you are from, you respond with bitterness to those parts of the world that you think represent success. That's the only explanation I can see as apart from Naija Muslims who automatically hate the West because the Arab world told them to, other Nigerians' bitterness stems from resentment when they compare status to the Western world. 1 Like |
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FERNANDEZISBACK: The Russian armed forces might take control of Kiev, Ukraine's capital, within 96 hours, Newsweek reported on Thursday, citing US and Ukrainian sources. |
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The sort of ignorance it takes to link this to Ukraine is baffling. Inflation has been heating up since covid and the US had committed to interest rate increases late last year: Americans who have been to the grocery store lately or started their holiday shopping may have noticed that consumer prices have spiked. The annual rate of inflation in the United States hit 6.2% in October 2021, the highest in more than three decades, as measured by the Consumer Price Index (CPI). Other inflation metrics also have shown significant increases in recent months, though not to the same extent as the CPI. https://www.pewresearch.org/fact-tank/2021/11/24/inflation-has-risen-around-the-world-but-the-u-s-has-seen-one-of-the-biggest-increases/ 6 Likes |
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Protests are more likely where there is hope for change otherwise why protest? With Buhari, Nigerians are facing a situation of utter hopelessness. I also think many "protesters" from that era have been so completely disproven in their arguments that they see no reason to rally themselves for any new protests. A lot of the agitators from 2012 are linked to the present government so can't protest. Multiple reasons. 8 Likes 2 Shares |
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You shouldn't expect him to say anything else but considering all the policy misteps by the Buhari government, it's hardly a laudable thing to claim not to have any disagreement with Buhari. 3 Likes |
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The main reason is the displacement of Shekau's Boko Haram by Islamic State (ISIS). Boko Haram's modus operandi was mass slaughter of civilians which didn't go down well with other jihadists. That the operation against Shekau was launched on the direct orders of the leadership of Isis in the Middle East, which is concerned by Boko Haram’s indiscriminate targeting of “believers”, underlines the continuing global reach of the group through its affiliates and the possibility of further expansion in Africa. https://www.theguardian.com/world/2021/jun/07/boko-haram-leader-abubakar-shekau-killed-on-direct-orders-of-islamic-state 1 Like |
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seunny4lif: So on what basis are you equating racism blacks experience in Russia to that experienced in the West? Why aren't our people working there in Russia, in positions of authority and in good jobs as you have in places like the UK and Ireland. The problem is that you are familiar with the West because a lot of our people are there working and studying. You are less familiar with Eastern Europe and Russia in particular as blacks are relatively scarce in these parts. But blacks are scarce for good reason, it's a hostile environment and it's more difficult (compared to the West) to settle there as a non-white person coming from a place like Africa. 5 Likes 2 Shares |
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seunny4lif: It's like saying there is corruption in Nigeria and there is same in the UK so there is no difference. You can experience corruption in the UK but the overall levels are lower than Nigeria. There is racism in Ireland and the UK but it's false to claim it's same level as being non-white in Russia. Ireland even had a non-white PM and for all the pro-Russia noisemaking, I don't see us lining up to go work and live in Russia I think this article encapsulates it: She said she does not want to have children in Russia because she does not want them to face bullying and harassment. https://www.aljazeera.com/features/2020/6/26/does-russia-need-a-black-lives-matter-movement 2 Likes |
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Techsupport: The person you are arguing is not familiar with Russia which is why he is so passionately pro-Russia. 1 Like |
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Putinbot logic: Because the West is responsible for deaths and destruction in the past, Putin should not be criticized for deaths and destruction today. This is also known as "whatabout" reasoning. Attempts to defend an indefensible conduct by deflecting to other indefensible conducts. 1 Like |
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Economic development in Anambra will stall if we don't tackle the unknown gunmen menace. There is need for improved governance at the Federal level (replace the inept and bigoted Buhari govt) and for the people to rally round tackling insecurity. 1 Like |
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Biafran4life: Why are people fleeing to the border if not because of Putin's murderous military campaign? If you are saying we should support Russia because of anti-black racism in Ukraine, do you seriously think anti-black racism isn't a thing in Russia? 3 Likes 2 Shares |
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oshdot: Big cap tech - MSFT, FB, APPLE, NVDA, GOOG - are all relatively reliable and their valuations aren't excessive judged by price to earnings ratios. AMZN is also good but I feel like it got a pandemic boost due to online shopping. Their cloud division remains a strong long-term growth driver but I feel MSFT's Azure cloud offers strong competition too The other names I mentioned - Pinterest, Etsy, Gentherm, Finwise - are all very high risk so won't recommend them to anyone. That being said, I think Etsy has good long term prospects due to "network effects." More buyers on the platform attract more sellers which in turn attracts more buyers....Its valuation is now more reasonable in the $140 area compared to when it was +$300. I am already looking to sell my Pinterest Holdings due to reports yesterday that 7 senior executives left the company in the last few weeks! 3 Likes |
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sayo147: This thread was always going to go "under" as the stock market doesn't in the long run work the way people wanted: a means to make a quick buck. Stocks generally reward patience, long term outlook, risk management, and diligent research. Most people, including me, are better off investing in indexes anyway. 3 Likes |
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oshdot: Stocks are much more investable than they were last year as the prices have come down. Worth taking a look at the major names: Microsoft (MSFT), Alphabet (GOOG), and Meta/Facebook (FB). I added Gentherm (THRM) and Pinterest (PINS) to my stock portfolio (my main funds remain in indexes). I also intend to add to Xpel and Lam Research (LRCX). Still eyeing Finwise Bancorp (FINW) and Etsy. No idea where these are going in the next few months. With geo-political tensions, interest rate being increased and liquidity being drained by the Federal Reserves, and this being an election year, stocks can go down further. But I think they are reasonably priced for the next few years. 2 Likes |
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Topson88: I wrote a long reply to this but got banned by the spambot. In a nutshell, you will get $30 in a year for your $1,000.00 if the yield is 3%. The reason for investing is for the cashflow given how difficult it is to find suitable alternatives and low interest/savings rates you get in the Western world. But it's more suitable if you have large capital in the first place. The higher the yield, the more likely it's unsustainable as the dividend will be cut. If you are looking for a short-term play with high yields, try Zim Integrated Shipping Services (Zim) where the yield for this year will be +20% if you include special dividend. PS: When I initially typed this reply before the spambot got in the way Zim's share price was lower. 3 Likes |
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Topson88: Silentone sent you a good response. I like Simon Property Group (SPG) from his list. If you intend to hold for a few years, I will also recommend Medical Properties Trust (MPW) who lease out medical facilities like hospitals. Their dividend yield is circa 4.8%. Another good long-term hold is Digital Realty Trust (DLR) who lease out data centres. However, this has a high multiple (PE ratio) which is likely to contract in the current monetary policy environment. If you are looking for strong/steady companies that might withstand a bear market, you could also look beyond REITs for old "boring" stocks like General Mills (GIS) or Pepsi (PEP). They're not going to generate exciting growth numbers but they allow for capital preservation with some decent dividend yields. 2 Likes |
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DubaiLandLord1: Nigerian economy expanded rapidly from 1999 up until 2015 and with it tax revenue. See attached PDF showing FG's non-oil tax revenue went up from circa N200bn in 1999 to N1.2 trillion in 2007. So as the governor of a state that was already the commercial capital of a rapidly growing Nigerian economy, he was bound to oversee fast rising tax revenues. He also had personal incentives to raise those revenues, which became a major source of his personal wealth, as he wasn't getting on with Abuja. It's not like as if he used those revenues to expand healthcare access or education access in a commensurate fashion. If Tinubu was merely a military governor of Lagos from 1992 to 1999, the story would have been entirely different as there would neither be the advantageous economic background or the personal incentive to raise tax revenues. Once again, I think this IGR focus is a red herring. The main point of taxes is to provide public services. Has there been much increase in public services in Lagos - water, roads, schools, hospitals, housing - since the much touted IGR increase? 1 Like
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IgweOfNnewi: Example of what we are talking about. Unable to defend Buhari on his merits, he has to invoke the "Ibo" monster. Buhari is a bad choice for President and this judgement can be arrived at without excluding the judgement that Ojukwu made idiotic decisions. 1 Like |
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backbencher: This is like answering the question: why do Nigerians fall for things like MMM Mavrodi pyramid scheme or tithe-seeking prosperity preachers by answering that fraudsters/charlatans put in a lot of work in their deception campaigns. I have no doubt that inept politicians like Buhari put in a lot of hard work but I suspect they do so with the reasonable prospect that the Nigerian populace will choose them over a vastly more competent alternative. There are plenty of politically active Nigerians and Buhari and GEJ were not the only choices on the ballot in 2015 but like the Mavrodi investment scam, the incompetence is almost like a magnet for the populace. As for Trump, his personality played a role but at the very least his anti-immigration policies (as loathsome as they are) were his distinguishing factor and the source of his support in the GOP primaries. Policies work hand in hand with personality in the advanced democracies, in Nigeria they have almost zero significance. And when you highlight the reactions to sensible policy proposals like the removal of fuel subsidy you vindicate my point: Nigerian politics suffers from the failure of the educated class to get to grips with policy debates and the over reliance on personality to the exclusion of policy. We are both saying that Nigerians are to blame but I am emphasizing that it's not due to lack of participation in politics from good competent persons but a disinterest/ignorance of competence by the populace at large and over reliance on personality judgements often based on religious/ethnic sentiments. 1 Like |
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backbencher: I feel like you are missing the point. Why would a hopelessly inept person attract the support of a supposedly reasonable or educated populace? Of course, he put himself out there in the public's mind by campaigning and attempting to build a support base but why would anyone listening to him in say 2014 for instance think he knew how to improve this country? Ranting online is part of the democratic debate that shapes public thinking on the viability of a candidate for leadership so it isn't something to be dismissed as irrelevant. The problem is that the online ranting in the lead up to 2015 had a significant pro-Buhari leaning and it's hard to grasp now, as it was then, why the often educated online Buhari supporters thought he was a capable person. My diagnosis is that Nigerian politics is a personality-driven endeavor with little or no attention paid to policy making, the real source of change and development. People don't ask what each candidate will do differently, they instead make judgements about the type of person they like often drawing from their ethnic or religious biases. That's somewhat true of politics in any part of the world but it is even more so in Africa. 2 Likes |
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