After the Europeans started slavery, slaves were also sent to the Americas in the 1600s, and in English language, that is more than 400 years ago, or you don't know when your American White Supremacists started causing Black Americans trauma? Or did slavery start in the 1900s because for you there is no need to tell you slavery ended in the late 1800s, it never did, that's why Black people in the US are still oppressed. So let's look at when the trauma started, are you saying it never started in the 1600s or you are trolling?
ššš, This is funny, after sounding vague, you finally said a bit of history... Your exact comment was "You don't know what century your poor kinsmen were sold into slavery?", now if you truly understand English, you'd know that you just denoted that the 17th century was the period the Trans-Atlantic Slave trade and slavery in the U.S, from both the selling, kidnapping, and Subjugation occured from start to finish; this is per the context of some of the conversation in this forum... It was way longer than that, but i guess you should know already.
And that's why the first statement of my reply comment was "And i guess that's were the story ended right, in that century", because that's what you were denoting... Be less vague, or actually understand English more, or just crawl back into your hole, you should be next to it right now.
ššš, This is funny, after sounding vague, you finally said a bit of history... Your exact comment was "You don't know what century your poor kinsmen were sold into slavery?", now if you truly understand English, you'd know that you just denoted that the 17th century was the period the Trans-Atlantic Slave trade and slavery in the U.S, from both the selling, kidnapping, and Subjugation occured from start to finish; this is per the context of some of the conversation in this forum... It was way longer than that, but i guess you should know already.
And that's why the first statement of my reply comment was "And i guess that's were the story ended right, in that century", because that's what you were denoting... Be less vague, or actually understand English more, or just crawl back into your hole, you should be next to it right now.
Either way, whether it was 500 years ago or 100 years ago, society heals on move on, but not the black man. You should remain a slave, like I said earlier, for you slavery has not ended, so make sure you remain oppressed. Am not the one In a hole, you are the one living in one. Enjoy your mental Victimhood Olympics because you lack the ballz to face adversity like every great men and women before you. Enjoy your life in a hole.
Either way, whether it was 500 years ago or 100 years ago, society heals on move on, but not the black man. You should remain a slave, like I said earlier, for you slavery has not ended, so make sure you remain oppressed. Am not the one In a hole, you are the one living in one. Enjoy your mental Victimhood Olympics because you lack the ballz to face adversity like every great men and women before you. Enjoy your life in a hole.
So i'm going to assume you're a White person given the context of your comment, so you saying "Lack the balls to face adversity" really makes me laugh, especially if it's coming from a White individual, no offense... You said "Am not the one In a hole, you are the one living in one", you may be wrong, you may be right, who knowsš¤·š¤·; but as an African myself, you're clearly confusing mental victimhood, and removing mental indoctrination; oh, there is a lot of mental indoctrination that needs to be removed.
So no, it is not Victimhood, that will be blaming the Modern day White man; it is calling it as it is... It is calling out Ghana and Ivory Coast only getting 6% of the world's yearly Cocoa production revenue despite yearly producing 80% of all Cocoas on Earth, and Ghanaian being blindsided or even willing participants to that rubbish... It is calling out Nigeria having the 5th largest Oil reserve in the World, and yet, most of the Oil are under European companies; i could go on and on.
So no Mr or Mrs, or Miss, it's not Victimhood, it's letting people understand when its time to wake up, instead of behaving like an Uncle Tom; and if that means saying history as it is (because it is damn well not taught in African schools), then you bet your ass i'm going to say it, because to push away from the rhetorics of the present also has to do with understanding how history has shaped the present.
A lot of modern day Western White people, amazing people; there are definitely assholes, but then again, all ethnicities or racial constructs have that. But just because it's so on the level of the everyday individual, doesn't mean that's how it works at the top, and as an African, i see it all the time... There is literally a struggle for African resources as we speak between the so called "World Powers", inviting stupid African leaders to summits on how they can indirectly sell their lands; and as an African, that f*cking pisses me off, but the thing is a lot of Africans don't even care or know what's happening, and that's what needs to change; and even if it means saying history as it is to understand how it has shaped the present, i will f*cking say it, even for Black Americans, or as you called them "Kinsmen".
So Young Individual, or Old individual, like i said before, you can crawl into the hole you're in, you should be right next to it already.
You are dumb. Very dumb and naive. I'm not insulting you,I'm just telling you the truth. Ednut is in Canada and he is a nairaland local champion,na everyone well dey nairaland must know say he dey Canada. As for you, I don't know where to start educating you. You need to travel to UK US and other countries and stop distracting your generation on nl. Everything you have written stinks of naivety. Make friends with people from other cultures please
And i guess that's were the story ended there right, in that century. Infact, what am i saying, you're just plain wrong, or maybe you're just trolling; in any case, you just sound stupid. 400 years ago would be 1624, the Mayflower would have just been about 4 years old by then, and you think that was when slavery occurred in the U.S, Wow... Like i said, i doubt you even know any history from the last 50 years, go watch something or Read (that will obviously be a first), and shut up.
While like i said, i don't care about the Reparations; but your take is a very weird take, especially given the number of groups that has gotten reparations from the U.S due to historical discrimination... It's like you fail to grasp the idea that this are things that will be set up for other communities sometimes, but when it comes to the Black community, it's "Why should they get it?. Then why the f*ck did a lot of the other historically disadvantaged communities get theirs?.
I don't want to be insultive, and sorry if this comes across that way; but do you not realise the double standard in there, or is the major Nigerian propesity to glamourise the Far-Right (Not Right-Wing, same Political side though), anyway, the extreme section of a political side that has historically caused the majority of the Racist issues in the U.S and even Germany; it's like glamourising that political side is clouding the judgement of some Nigerians, or making them Simps to the White man's point of view in history... Because the other day, i actually saw a Nigerian saying "The U.S segregation was not racist, that the White men were not Racist"š¤¦š¤¦š¤¦. What would will hear next from some Nigerians?, "Slavery was not bad?".
I'm starting to understand why tribalism is a very serious issue in Nigeria, it's just a tribal version of Racism; because for a lot of Nigerians, if it's not the historical plight of their own particular group, they become very ignorant... Basically the "I'm ok with it as far as it's not happening to me" types.
I've seen some of your above comments talking about how the MAGA and extremist GOOD OLE DAYS rhetoric doesn't actually exist. And i get that to some extent, you're just conscious of the fact that the Black American community has a higher propesity of certain unscrupulous activities compared to other groups; so i totally understand it... But you can't also not look at the historical aspect of things and how it shaped the mentality especially in places that will today be referred to as "The hood"; because a lot of people that lived that history are still very much alive, that's to tell you how recent it is. I've heard latinos who lived in the Segregation era say this same shit, that they didn't have it close to as hard as Black Americans, because there was no actual laws segregating them, so any Racism they got came from just pure individual/mental bias; not set in stone concrete Laws... The U.S was literally a hierarchy system, and Black Americans were at completely the bottom of the food chain.
I canāt be bothered to give a lengthy response because all these chat forums censor the hell out of everything but most of what youāre saying is wrong. You canāt even distinguish GDP and wealth. Blacks will have zero wealth by 2050. Latino GDP because their economic impact in the US is growing. Thatās not propaganda. Theyāre collective because Latinos will reach $110 trillion dollars by 2053 based on current projections. The reason is because Latinos contribute far more to the economy than blacks ever did and ever will. Latino GDP is only smaller than like 4 other nations. US wealth is different to US GDP. Blacks are not seeing their financial status improving. Are you out of your mind? I posted a link that showed that millennial black wealth is nowhere that of other races. Blacks are more likely to default on their debt. Younger blacks are poorer than ever.
Your mistake was comapring blacks to Latinos. Youāre out of your mind. Blacks are nowhere on the level of Latinos whether thatās Latin Americans vs Africans or Latinos in the western hemisphere vs blacks. Itās a no brainer. The Latino community is far richer, more prosperous, civilised etc. Latinos have surpassed blacks in everything population, education, economy, health itās not close.
Hereās a list highlighting the factors driving Latinosā economic prosperity in the U.S.:
1. High Rate of Entrepreneurship ā¢ Business Growth: Latino-owned businesses increased by 57% from 2007 to 2021, compared to just 5% growth for White-owned businesses. ā¢ New Entrepreneurs: Nearly 25% of new entrepreneurs in the U.S. in 2021 were Latino, showcasing their role in driving business creation.
2. Strong Labor Force Participation ā¢ Workforce Representation: Latinos currently comprise nearly 20% of the U.S. labor force and are projected to make up 30% by 2050. ā¢ Essential Industries: They are highly represented in critical sectors like construction, agriculture, hospitality, healthcare, and general labor.
3. Economic Contributions (GDP Growth) ā¢ Latino GDP: In 2022, the U.S. Latino GDP reached $3.6 trillion, making it the fifth-largest economy globally, surpassing countries like India and the U.K. ā¢ Growth Rate: From 2017 to 2022, Latinos contributed 28.3% of total GDP growth in the U.S., despite making up only 19.5% of the population.
4. Youthful Demographics ā¢ Latinos have a median age of 30, much younger than the U.S. average, positioning them as a dynamic and growing workforce. ā¢ This youthful demographic ensures sustained labor force growth and consumer demand.
5. Increasing Education and Skills ā¢ Latino college enrollment has been rising steadily, which will translate to higher-skilled workers in the future. ā¢ Many Latinos are pursuing careers in growing fields like technology and healthcare.
6. Rising Consumer Power ā¢ Latinos are a major consumer base, with a collective purchasing power exceeding $3 trillion and growing rapidly. ā¢ Their spending is fueling industries like retail, housing, and automotive.
7. Cultural and Economic Resilience ā¢ Latinos often demonstrate intergenerational financial support (e.g., pooling resources to buy homes or start businesses), which strengthens household stability and economic mobility. ā¢ Their communities emphasize hard work and perseverance, making them a reliable driver of U.S. economic growth.
8. Geographic Impact ā¢ High Latino populations in economically dynamic regions (e.g., California, Texas, Florida) amplify their economic influence in areas vital to the national economy.
9. Urban and Suburban Growth ā¢ Latinos are driving population growth in both cities and suburbs, supporting housing markets and local economies across the U.S.
10. Political and Economic Recognition ā¢ Policymakers and businesses increasingly recognize the importance of Latinos in sustaining economic growth, leading to more targeted investments and opportunities.
Conclusion:
Latinos are uniquely positioned to drive U.S. economic prosperity through their entrepreneurship, labor force participation, consumer power, and youthful demographics. Their contributions are critical to the countryās present and future growth.
Latinos play a pivotal role in the U.S. economy, particularly in sectors like construction and agriculture. Hereās an overview of their contributions:
1. Construction Industry ā¢ Workforce Representation: Latinos constitute approximately 30% of the construction workforce, with higher concentrations in specific roles: ā¢ 47% of construction laborers ā¢ 53% of painters and paperhangers ļæ¼ ā¢ Geographical Concentration: Over half of Latino construction workers are in Texas, California, and Florida. In Texas, they make up 61% of the construction labor force. ļæ¼
2. Agriculture Sector ā¢ Demographic Presence: Latinos represent a significant portion of agricultural workers, with many being foreign-born. ļæ¼ ā¢ Unauthorized Workforce: Unauthorized immigrants, many of whom are Latino, account for 17% of the agriculture industryās workforce. ļæ¼
3. Broader Economic Contributions ā¢ Labor Force Growth: From 2003 to 2023, the number of Latinos in the labor force increased by 69%, a growth rate more than ten times that of non-Latino workers. ļæ¼ ā¢ Entrepreneurship: As of 2019, there were over 2.5 million Latino entrepreneurs in the U.S., significantly contributing to economic dynamism. ļæ¼
Conclusion
Latinos are integral to the U.S. economy, especially in construction and agriculture. Their substantial representation in these sectors underscores their importance in sustaining and advancing economic growth.
While like i said, i don't care about the Reparations; but your take is a very weird take, especially given the number of groups that has gotten reparations from the U.S due to historical discrimination... It's like you fail to grasp the idea that this are things that will be set up for other communities sometimes, but when it comes to the Black community, it's "Why should they get it?. Then why the f*ck did a lot of the other historically disadvantaged communities get theirs?.
I don't want to be insultive, and sorry if this comes across that way; but do you not realise the double standard in there, or is the major Nigerian propesity to glamourise the Far-Right (Not Right-Wing, same Political side though), anyway, the extreme section of a political side that has historically caused the majority of the Racist issues in the U.S and even Germany; it's like glamourising that political side is clouding the judgement of some Nigerians, or making them Simps to the White man's point of view in history... Because the other day, i actually saw a Nigerian saying "The U.S segregation was not racist, that the White men were not Racist"š¤¦š¤¦š¤¦. What would will hear next from some Nigerians?, "Slavery was not bad?".
I'm starting to understand why tribalism is a very serious issue in Nigeria, it's just a tribal version of Racism; because for a lot of Nigerians, if it's not the historical plight of their own particular group, they become very ignorant... Basically the "I'm ok with it as far as it's not happening to me" types.
I've seen some of your above comments talking about how the MAGA and extremist GOOD OLE DAYS rhetoric doesn't actually exist. And i get that to some extent, you're just conscious of the fact that the Black American community has a higher propesity of certain unscrupulous activities compared to other groups; so i totally understand it... But you can't also not look at the historical aspect of things and how it shaped the mentality especially in places that will today be referred to as "The hood"; because a lot of people that lived that history are still very much alive, that's to tell you how recent it is. I've heard latinos who lived in the Segregation era say this same shit, that they didn't have it close to as hard as Black Americans, because there was no actual laws segregating them, so any Racism they got came from just pure individual/mental bias; not set in stone concrete Laws... The U.S was literally a hierarchy system, and Black Americans were at completely the bottom of the food chain.
$56k is barely enough for a family in the US to survive. Celebrating that Black Americans earn this amount is delusional . Rising Black incomes mean little when debt is increasing. Black millennials are poorer than ever, largely due to student loans and high-interest debt. The $11k income gap between Black and Latino Americans is significant, not marginal, especially when Latino GDP is twice that of Black Americans. In 2023, the U.S. median household income was $80,610. Asian households had the highest median income at $112,800, followed by non-Hispanic White households at $89,050. Hispanic households had a median income of $65,540, while Black households had the lowest at $56,490. Economic Disparities by Race in the U.S.: Key Insights
Black Americans face significant economic challenges, exacerbated by systemic inequalities: 1. Debt vs. Assets: Black families often owe more than they own, leaving them in a precarious financial position. 2. Student Loans: Black borrowers carry the highest student loan debt and struggle to repay due to lower incomes and higher unemployment. 3. High-Interest Debt: Reliance on credit cards and payday loans makes escaping debt more difficult. 4. Lower Incomes: Median income for Black households is $56,490, compared to $65,540 for Hispanics and $112,800 for Asians. 5. Historical Discrimination: Practices like redlining and exclusion from wealth-building opportunities hinder wealth accumulation.
Black millennials are particularly affected, with average wealth at just $5,700, far below $26,100 for White millennials and $14,690 for Hispanic millennials. Income disparities, high debt burdens, and limited access to wealth-building opportunities have left Black millennials poorer than prior generations.
Meanwhile, Latino Americans are emerging as a major economic force: 1. GDP Contributions: In 2022, Latino GDP reached $3.6 trillionā5th largest globallyāsurpassing India and France. 2. Entrepreneurship: Latino-owned businesses grew 57% between 2007 and 2021, far outpacing other groups. 3. Labor Force: Latinos make up a significant portion of industries like construction and agriculture and will comprise 30% of the U.S. labor force by 2050.
While both groups face systemic challenges, Latinos are driving U.S. economic growth through entrepreneurship, labor force participation, and GDP contributions. Addressing disparities for Black Americans requires systemic reforms to reduce debt burdens and create wealth-building opportunities. How you reach the conclusion that black financial status is improving when their debt is at all time high etc. youāre delusional.
GDP and wealth arenāt the same thing. GDP is jsut output. Blacks lose on both compared to Latinos particularly GDP. The Latin economy in the US is surging ahead of pretty much almost any country on earth. US Latino GDP growth rivals that of even India and China. You realise as to how crazy that is right? Latino GDP is bigger than the UK for crying out loud. Get real man. Whether we compare Latin America vs Africa or Black Americans vs Hispanics. Black societies are nowhere as sophisticated or wealthy. You canāt be this crazy.
according to people like Sladem05, the poorest white retards are more intelligent than jay z, kanye, lebron,dangote,etc
according to him, all blacks including him are useless and lazy.
but trust the b@stard to deny the meaning of his garbage cuz he doesnt even know what he is saying .
he thinks calling it the truth makes it true
then the idiot says am accusing him of hate, does the idiot not know that using words like slave,lazy,barbaric,etc to describe an entire race is the dumbest thing to do?
like Sapasenator told the OP, black americans cant stand you too,
nonsenses and rubbishes
he thinks posting pro white /anti black links gives evidence
let him imbibe that shit on his robot if he can create one,ok
Name a single successful black society. Iām waiting
I don't bother with some of your categories because i can't be bothered with the ignorance. Anyways;
2). I didn't say $56k was super high, in fact, i specifically buttressed on that in my last comment... Your comment was they financially declining, and i literally just debunked it that since that 2017 in article was brought out, they've financially been becoming better; and the Latino community financial numbers there too because of the fact that the difference between both is marginal, the White population is at $76k, and the highest if i'm not mistaking is Indian-Americans at $130k.
4). That's laughable, do you even know what's going on in India?. Indians are still by far the biggest migrants of any group in the world, fleeing India because they can't take the depreciating state of the country anymore... "They overtook Great Britains GDP", yes, technically they did do that, with a 1.4 Billion populationššš, India is still a very much Population driven economy, not a technological or industrially driven economy, though they're way better than Nigeria in those aspects.
The Phujabis want out, the North-Easterners want out because the country is by and large going nowhere... India has one of the worst Per Capitas in Asia at $2600, the UK you're talking about is at $52000, which is the true representation of how Rich and well to do a country is per the population, as far as it is adequately used and improved on, because it evaluates GDP by the actual population; by the way, Nigeria currently has a per capita of $1100š¤¦š¤¦š¤¦... If i'm not mistaken, any country about $10k-$15k is considered a 2nd World country, $15k and above is a 1st world country, and $10k and below is a Third world country... India is categorically a SHITHOLE, it has one of the worst development per population in all of Asia; that's why i remember seeing an Indian comment in regards to the Moon Landing were the dude said that "The Indian government is doing everything to look powerful, while the average Indian is suffering". That's not exactly how he said it because i can't remember exactly how he said it, but that was the general gist of it. Edit: Some graphs on what i'm talking aboutš.
Look at the Influx of Indians fleeing from the U.S to Canada because they don't want to get deported back to India, look at the amount of Indians recently doing a sought of Education scam just to get out of India. The scam entails that they use an Educational path to go to Europe, North American, or Australia, and when they get there, if they can't extend their Visas, they just go off-grid, i watched a documentary on this very issue earlier this year... India is only seen as an upcoming Powerhouse due to the share circumstances that their extreme population has resulted in the absolute numbers like absolute GDP being high, thus a "Population driven Economy"; the country is very much categorically a SHITHOLE, everybody knows this... It's basically the same issue with Nigeria being seen as an African powerhouse... It's terrible when a country's economy majorly grows because of Population growth.
I have Nepali friends, India's neighbour, and they will literally laugh at what you just said about India.
3). This goes back to the whole braindrain mentality. When you majorly take the cream of the crop to a specific place, they are bound to be successful; the U.S is not an easy a place to migrant to for Nigerians because of the big ass Ocean seperating us, majority of the people who are then determined to get there are some of the best we have to offer.
The rhetoric of Nigerian-Americans are some of the best rhetorics of Nigerians anywhere, let me show you the rhetorics of Nigerians in some other places... In Italy, Nigerians are literally associated with Organised crime; Dubai banned Nigeria for a while because of Cultism. In Switzerland, the Nigerian demographic has the 2nd highest crime rate of any demographic in the country, literally the 2nd, just behind Angolans; Seychelles banned Nigerians for a while because they found out that fraudulent activities increased after they relaxed entrances of Nigerians; I don't even need to talk about the South African one.
What does almost all these countries have in common, easier access to them from Nigerians allowing more Nigerians that you won't associate with being the Cream of the crop into them, many pass through Land/Water routes like thisš, especially into Europe.
Now to answer your question on "Why can't Black Americans?", Black Americans do make it, countless have, that's like saying "Why can't Nigerians make it?", because most Nigerians categorically hasn't made it... Anyway, Black Americans in American is a true representation of the community, and what i mean by that is it entails both the best of the best, the crazies, and the just general norms; living in what you'd basically associate as their homeland at this point... Nigerian-Amercans is not a true representation of the Nigerian community... Like i said before in my previous comment, does that mean that i'm justifying certain aspects of the Black American community like having the highest rate of gang activity per % population, of course not, and i will never justify it; but it doesn't also mean that i will overlook the history that has led to the situation it is today.
Of all groups in the U.S, no group has had it as hard as Black Americans has had it, this is a fact that even some Racist who doesn't want to a conversation on U.S Racial history doesn't dispute. Even after the Civil Rights Movement in the "60s and everyone lawfully had "Equal Rights", Black neighbourhoods were being Redlined for years, loans were given to Asian migrants to open businesses in Black neighbourhoods, but same loans will be refused to Black people; this is a part of U.S history even Asians today talk about... That is why i told you in a previous comment that "When the world seems like it is completely against you, your options becomes extremely limited"; this is were the mentality of "Beating the system at any cost" came into the Black American community, "I will do anything to beat the system", and the easiest route to make money and beat the system became Crime, and the people who made it became idolised by the younger ones, starting a chain reaction that has led to an increased idolisation of illegal activities in illegal activies.
What now needs to be tackled in the Black American community is the IDOLISATION of finding anyway to beat the system, they need to understand that "They don't need to beat the system anymore", because the system is way better now than it used to be... Another example of this terrible idolisation from another community's perspective is our very own Nigerian community, the idolisation of fraudulent crimes in Nigeria, Cultism and its depravity, and how it all started; but ours may even be worse, because it came as a result of we putting the country in a crap state by ourselves... You want another example, read about the U.S Mafia, and the idolisation it carried for a long time.
The problem with how you view Black Americans is that you can't differentiate the history Black Americans has historically lived with the one White Americans has lived... To you, it's "they were in a developed country, so they should have that to their advantage", but when the country you live in has historically extremely conditioned and put you at the very bottom of the barrel, cut open that barrel and allow you to fall, where do you think that advantage starts coming from, it becomes almost Non-existent.
Some Nigerians don't understand how history can change the mentality of people especially when you're traumatically at the disadvantage... The f*cked up part is that we see this very issue in Nigeria all the time, so how Nigerians don't apply it to the historical plight of others doesn't make any sense to me.
Also, Black wealth will become Zero, and Hispanics will be $113 Trillion, what kind of conspiracy BS are you guys watching. * Firstly: The article you sent was from 2017, the average wealth of the Black American family has only been increasing since that 2017... That already debunks the Zero nonsense you've been spilling, but lets continue; * Secondly: The total wealth of South America as a whole, which holds the majority of the Latin America wealth is 4 Trillion GDP, and 8 trillion purchasing power... The U.S goes on about 29 Trillion today; but to you, the total wealth of Hispanics in the U.S will somehow become $113 Trillion by 2050š¤¦š¤¦š¤¦.
Every country has challenges, but claiming that Indiaās future is doomed because of emigration is shortsighted. Large populations naturally lead to large diasporasāitās a sign of globalization, not a failing nation. By your logic, China, with thousands of migrants at the southern U.S. border, would also be a āfailed state.ā Yet, China is on track to challenge U.S. dominance globally. Is it a āshitholeā too? Clearly, migration doesnāt define a countryās development.
India is far from āfinishedāāhereās why: 1. Economic Growth: India is already the fifth-largest economy and is projected to surpass Japan and Germany to become the third-largest by 2030. Its GDP growth rate remains among the highest globally. 2. Industrialization: Indiaās industrial sector contributes 28% to GDP and is expanding rapidly. While Chinaās manufacturing currently dominates at 40%, India is catching up as it reforms and attracts foreign investment. 3. Demographics: With a median age of 28, India boasts one of the youngest populations globally. By 2030, it will have the largest working-age populationāa demographic advantage as East Asia and the West face aging populations. 4. Innovation: India leads in digital transformation, with programs like Aadhaar (worldās largest biometric ID system), UPI (revolutionizing digital payments), and Digital India, improving services and driving rural development.
India isnāt āgoing nowhere.ā Itās industrializing, innovating, and leveraging its demographic strengths. Migration doesnāt diminish its potentialāitās already shaping up to rival future global powers like China and Mexico.
While like i said, i don't care about the Reparations; but your take is a very weird take, especially given the number of groups that has gotten reparations from the U.S due to historical discrimination... It's like you fail to grasp the idea that this are things that will be set up for other communities sometimes, but when it comes to the Black community, it's "Why should they get it?. Then why the f*ck did a lot of the other historically disadvantaged communities get theirs?.
I don't want to be insultive, and sorry if this comes across that way; but do you not realise the double standard in there, or is the major Nigerian propesity to glamourise the Far-Right (Not Right-Wing, same Political side though), anyway, the extreme section of a political side that has historically caused the majority of the Racist issues in the U.S and even Germany; it's like glamourising that political side is clouding the judgement of some Nigerians, or making them Simps to the White man's point of view in history... Because the other day, i actually saw a Nigerian saying "The U.S segregation was not racist, that the White men were not Racist"š¤¦š¤¦š¤¦. What would will hear next from some Nigerians?, "Slavery was not bad?".
I'm starting to understand why tribalism is a very serious issue in Nigeria, it's just a tribal version of Racism; because for a lot of Nigerians, if it's not the historical plight of their own particular group, they become very ignorant... Basically the "I'm ok with it as far as it's not happening to me" types.
I've seen some of your above comments talking about how the MAGA and extremist GOOD OLE DAYS rhetoric doesn't actually exist. And i get that to some extent, you're just conscious of the fact that the Black American community has a higher propesity of certain unscrupulous activities compared to other groups; so i totally understand it... But you can't also not look at the historical aspect of things and how it shaped the mentality especially in places that will today be referred to as "The hood"; because a lot of people that lived that history are still very much alive, that's to tell you how recent it is. I've heard latinos who lived in the Segregation era say this same shit, that they didn't have it close to as hard as Black Americans, because there was no actual laws segregating them, so any Racism they got came from just pure individual/mental bias; not set in stone concrete Laws... The U.S was literally a hierarchy system, and Black Americans were at completely the bottom of the food chain.
Black Americans face significant disparities across health, socioeconomic, and educational domains:
Health ā¢ Life Expectancy: 4 years shorter than White Americans; Latinos and Asians outlive both. ā¢ Chronic Diseases: Higher prevalence of hypertension and diabetes than other groups. ā¢ Mental Health: Suicide was the third leading cause of death for Black Americans aged 10-24 in 2022.
Socioeconomic Status ā¢ Income: Median household income in 2023 was $56,490, lower than the national average. ā¢ Poverty: 18.8% of Black Americans lived in poverty in 2020, nearly double the U.S. average. ā¢ Wealth Gap: Median wealth for Black households was $24,100 in 2019, far below other households. ā¢ Homeownership: Only 44.1% of Black families owned homes compared to 74.5% of White families
Black Americans consistently rank last across health, income, wealth, and education metrics. ACT scores in the United States exhibit notable disparities across different racial and ethnic groups. According to the 2023 National ACT Profile Report, the average composite scores by race/ethnicity are as follows: ā¢ Asian Students: 24.2 ā¢ White Students: 21.3 ā¢ Hispanic Students: 18.8 ā¢ Black/African American Students: 16.
SAT Scores by Race/Ethnicity:
SAT performance varies across different racial and ethnic groups. According to data from the National Center for Education Statistics (NCES) for 2023, the mean total SAT scores by race/ethnicity were: ā¢ Asian: 1229 ā¢ White: 1098 ā¢ Hispanic: 967 ā¢ Black: 926
High School GPA by Race/Ethnicity:
According to data from the National Center for Education Statistics (NCES), the average high school GPAs for graduates in 2009 were: ā¢ Asian/Pacific Islander: 3.26 ā¢ White: 3.09 ā¢ Hispanic: 2.84 ā¢ Black: 2.69
College GPA by Race/Ethnicity:
In higher education, similar disparities persist. A study by the Education-to-Workforce Indicator Framework reported the following average college GPAs: ā¢ Asian: 3.1 ā¢ White: 2.9 ā¢ Hispanic: 2.6 ā¢ Black: 2.5
You see how blacks come dead last in everything?top of the fact that According to the Federal Reserveās 2019 Survey of Consumer Finances, the median wealth for Black families under 35 was approximately $600, while for those aged 55 and over, it was about $53,800.
I don't bother with some of your categories because i can't be bothered with the ignorance. Anyways;
2). I didn't say $56k was super high, in fact, i specifically buttressed on that in my last comment... Your comment was they financially declining, and i literally just debunked it that since that 2017 in article was brought out, they've financially been becoming better; and the Latino community financial numbers there too because of the fact that the difference between both is marginal, the White population is at $76k, and the highest if i'm not mistaking is Indian-Americans at $130k.
4). That's laughable, do you even know what's going on in India?. Indians are still by far the biggest migrants of any group in the world, fleeing India because they can't take the depreciating state of the country anymore... "They overtook Great Britains GDP", yes, technically they did do that, with a 1.4 Billion populationššš, India is still a very much Population driven economy, not a technological or industrially driven economy, though they're way better than Nigeria in those aspects.
The Phujabis want out, the North-Easterners want out because the country is by and large going nowhere... India has one of the worst Per Capitas in Asia at $2600, the UK you're talking about is at $52000, which is the true representation of how Rich and well to do a country is per the population, as far as it is adequately used and improved on, because it evaluates GDP by the actual population; by the way, Nigeria currently has a per capita of $1100š¤¦š¤¦š¤¦... If i'm not mistaken, any country about $10k-$15k is considered a 2nd World country, $15k and above is a 1st world country, and $10k and below is a Third world country... India is categorically a SHITHOLE, it has one of the worst development per population in all of Asia; that's why i remember seeing an Indian comment in regards to the Moon Landing were the dude said that "The Indian government is doing everything to look powerful, while the average Indian is suffering". That's not exactly how he said it because i can't remember exactly how he said it, but that was the general gist of it. Edit: Some graphs on what i'm talking aboutš.
Look at the Influx of Indians fleeing from the U.S to Canada because they don't want to get deported back to India, look at the amount of Indians recently doing a sought of Education scam just to get out of India. The scam entails that they use an Educational path to go to Europe, North American, or Australia, and when they get there, if they can't extend their Visas, they just go off-grid, i watched a documentary on this very issue earlier this year... India is only seen as an upcoming Powerhouse due to the share circumstances that their extreme population has resulted in the absolute numbers like absolute GDP being high, thus a "Population driven Economy"; the country is very much categorically a SHITHOLE, everybody knows this... It's basically the same issue with Nigeria being seen as an African powerhouse... It's terrible when a country's economy majorly grows because of Population growth.
I have Nepali friends, India's neighbour, and they will literally laugh at what you just said about India.
3). This goes back to the whole braindrain mentality. When you majorly take the cream of the crop to a specific place, they are bound to be successful; the U.S is not an easy a place to migrant to for Nigerians because of the big ass Ocean seperating us, majority of the people who are then determined to get there are some of the best we have to offer.
The rhetoric of Nigerian-Americans are some of the best rhetorics of Nigerians anywhere, let me show you the rhetorics of Nigerians in some other places... In Italy, Nigerians are literally associated with Organised crime; Dubai banned Nigeria for a while because of Cultism. In Switzerland, the Nigerian demographic has the 2nd highest crime rate of any demographic in the country, literally the 2nd, just behind Angolans; Seychelles banned Nigerians for a while because they found out that fraudulent activities increased after they relaxed entrances of Nigerians; I don't even need to talk about the South African one.
What does almost all these countries have in common, easier access to them from Nigerians allowing more Nigerians that you won't associate with being the Cream of the crop into them, many pass through Land/Water routes like thisš, especially into Europe.
Now to answer your question on "Why can't Black Americans?", Black Americans do make it, countless have, that's like saying "Why can't Nigerians make it?", because most Nigerians categorically hasn't made it... Anyway, Black Americans in American is a true representation of the community, and what i mean by that is it entails both the best of the best, the crazies, and the just general norms; living in what you'd basically associate as their homeland at this point... Nigerian-Amercans is not a true representation of the Nigerian community... Like i said before in my previous comment, does that mean that i'm justifying certain aspects of the Black American community like having the highest rate of gang activity per % population, of course not, and i will never justify it; but it doesn't also mean that i will overlook the history that has led to the situation it is today.
Of all groups in the U.S, no group has had it as hard as Black Americans has had it, this is a fact that even some Racist who doesn't want to a conversation on U.S Racial history doesn't dispute. Even after the Civil Rights Movement in the "60s and everyone lawfully had "Equal Rights", Black neighbourhoods were being Redlined for years, loans were given to Asian migrants to open businesses in Black neighbourhoods, but same loans will be refused to Black people; this is a part of U.S history even Asians today talk about... That is why i told you in a previous comment that "When the world seems like it is completely against you, your options becomes extremely limited"; this is were the mentality of "Beating the system at any cost" came into the Black American community, "I will do anything to beat the system", and the easiest route to make money and beat the system became Crime, and the people who made it became idolised by the younger ones, starting a chain reaction that has led to an increased idolisation of illegal activities in illegal activies.
What now needs to be tackled in the Black American community is the IDOLISATION of finding anyway to beat the system, they need to understand that "They don't need to beat the system anymore", because the system is way better now than it used to be... Another example of this terrible idolisation from another community's perspective is our very own Nigerian community, the idolisation of fraudulent crimes in Nigeria, Cultism and its depravity, and how it all started; but ours may even be worse, because it came as a result of we putting the country in a crap state by ourselves... You want another example, read about the U.S Mafia, and the idolisation it carried for a long time.
The problem with how you view Black Americans is that you can't differentiate the history Black Americans has historically lived with the one White Americans has lived... To you, it's "they were in a developed country, so they should have that to their advantage", but when the country you live in has historically extremely conditioned and put you at the very bottom of the barrel, cut open that barrel and allow you to fall, where do you think that advantage starts coming from, it becomes almost Non-existent.
Some Nigerians don't understand how history can change the mentality of people especially when you're traumatically at the disadvantage... The f*cked up part is that we see this very issue in Nigeria all the time, so how Nigerians don't apply it to the historical plight of others doesn't make any sense to me.
Also, Black wealth will become Zero, and Hispanics will be $113 Trillion, what kind of conspiracy BS are you guys watching. * Firstly: The article you sent was from 2017, the average wealth of the Black American family has only been increasing since that 2017... That already debunks the Zero nonsense you've been spilling, but lets continue; * Secondly: The total wealth of South America as a whole, which holds the majority of the Latin America wealth is 4 Trillion GDP, and 8 trillion purchasing power... The U.S goes on about 29 Trillion today; but to you, the total wealth of Hispanics in the U.S will somehow become $113 Trillion by 2050š¤¦š¤¦š¤¦.
Nigerian-Americans often represent a more determined and resourceful subset of Nigerians due to the difficulties of immigrating to the U.S. However, this logic doesnāt dismiss their achievements. The same ācream of the cropā argument applies to immigrants from other countries who excel in the U.S. The broader Nigerian diaspora includes diverse experiences, but blaming crime rates in certain countries solely on access to ānon-eliteā Nigerians oversimplifies societal and systemic factors in those nations. Crime and fraud arenāt unique to Nigeriansāitās a global issue often tied to poverty and opportunity. They havenāt allowed the victim mentality to stop them from success.Africans, Carribeans, Latinos and Asians emphasize education, family support, and small business ownership, even in the face of discrimination. These strategies have helped them build wealth and influence despite hardships faced. Why canāt blacks do the same?
1. Other Groups Also Faced Systemic Oppression ā¢ Native Americans: Endured genocide, forced removal, and loss of nearly all ancestral lands. Policies like the Indian Removal Act, forced assimilation through boarding schools, and broken treaties systematically destroyed their way of life. Today, many Native communities live in poverty with limited access to resources. ā¢ Jewish Americans: The Holocaust eradicated entire families, and survivors who immigrated to the U.S. often faced anti-Semitism. In America, Jewish people were excluded from universities, neighborhoods, and industries, with anti-Semitic violence persisting even today. ā¢ Asian Americans: Subjected to the Chinese Exclusion Act (1882), Japanese internment during World War II, and systemic racism that persists through stereotypes and xenophobia. Post-9/11 Islamophobia targeted South Asians, and the COVID-19 pandemic led to a surge in anti-Asian hate crimes.
2. African Americans Are Not Alone in Experiencing Economic Marginalization ā¢ Many groups have faced economic hardships due to systemic barriers: ā¢ Latinos: Often relegated to low-paying, physically demanding jobs with limited upward mobility. Historically, Mexican Americans lost land and citizenship after the U.S.-Mexico War, and migrant workers continue to face exploitation. ā¢ Native Americans: Poverty rates on reservations are among the highest in the country, compounded by underfunded schools and limited job opportunities. ā¢ Asian Americans: While often perceived as a āmodel minority,ā Southeast Asians and Pacific Islanders experience high poverty rates and barriers to education 3. Cultural Erasure and Discrimination Are Not Unique ā¢ Native Americans: Had their languages, traditions, and religions forcibly erased through policies like boarding schools and bans on cultural practices. ā¢ Jewish People: Widespread anti-Semitism in Europe and the U.S. sought to exclude them from society. The Holocaust attempted to erase their identity altogether. ā¢ Latinos: Faced English-only laws and pressures to assimilate, often losing their native languages and cultural traditions.
4. Other Groups Also Suffered Generational Trauma
Generational trauma isnāt exclusive to African Americans: ā¢ Native Americans: Trauma from forced relocations, broken treaties, and systemic poverty has been passed down for generations. ā¢ Jewish Americans: The Holocaust and centuries of persecution have left deep psychological scars. ā¢ Asian Americans: Japanese internment, wars in Southeast Asia, and anti-Asian hate crimes have created a legacy of trauma in these communitie
$56k is barely enough for a family in the US to survive. Celebrating that Black Americans earn this amount is delusional . Rising Black incomes mean little when debt is increasing. Black millennials are poorer than ever, largely due to student loans and high-interest debt. The $11k income gap between Black and Latino Americans is significant, not marginal, especially when Latino GDP is twice that of Black Americans. In 2023, the U.S. median household income was $80,610. Asian households had the highest median income at $112,800, followed by non-Hispanic White households at $89,050. Hispanic households had a median income of $65,540, while Black households had the lowest at $56,490. Economic Disparities by Race in the U.S.: Key Insights
Black Americans face significant economic challenges, exacerbated by systemic inequalities: 1. Debt vs. Assets: Black families often owe more than they own, leaving them in a precarious financial position. 2. Student Loans: Black borrowers carry the highest student loan debt and struggle to repay due to lower incomes and higher unemployment. 3. High-Interest Debt: Reliance on credit cards and payday loans makes escaping debt more difficult. 4. Lower Incomes: Median income for Black households is $56,490, compared to $65,540 for Hispanics and $112,800 for Asians. 5. Historical Discrimination: Practices like redlining and exclusion from wealth-building opportunities hinder wealth accumulation.
Black millennials are particularly affected, with average wealth at just $5,700, far below $26,100 for White millennials and $14,690 for Hispanic millennials. Income disparities, high debt burdens, and limited access to wealth-building opportunities have left Black millennials poorer than prior generations.
Meanwhile, Latino Americans are emerging as a major economic force: 1. GDP Contributions: In 2022, Latino GDP reached $3.6 trillionā5th largest globallyāsurpassing India and France. 2. Entrepreneurship: Latino-owned businesses grew 57% between 2007 and 2021, far outpacing other groups. 3. Labor Force: Latinos make up a significant portion of industries like construction and agriculture and will comprise 30% of the U.S. labor force by 2050.
While both groups face systemic challenges, Latinos are driving U.S. economic growth through entrepreneurship, labor force participation, and GDP contributions. Addressing disparities for Black Americans requires systemic reforms to reduce debt burdens and create wealth-building opportunities. How you reach the conclusion that black financial status is improving when their debt is at all time high etc. youāre delusional.
GDP and wealth arenāt the same thing. GDP is jsut output. Blacks lose on both compared to Latinos particularly GDP. The Latin economy in the US is surging ahead of pretty much almost any country on earth. US Latino GDP growth rivals that of even India and China. You realise as to how crazy that is right? Latino GDP is bigger than the UK for crying out loud. Get real man. Whether we compare Latin America vs Africa or Black Americans vs Hispanics. Black societies are nowhere as sophisticated or wealthy. You canāt be this crazy.
I thought this conversation was long dead... But i will just pick certain things that for some reason you stated, but are also too stubborn to see.
2nd Paragraph: It's so funny you've been talking crap about Black Americans since, while literally stating the issues they face... I swear to God, it feels like you're just copying and pasting articles without actually reading them. You literally called out the systemic issues that Black Americans has faced since the Civil Rights Movement, and are somehow still throwing shades are thenššš... I don't want to compare the systemic historical plights that groups faced, but you literally listing out actual issues Black Americans faced like Redlining, how Asians were favoured more than them in their own neighborhoods, and not still figuring out what i've been trying to tell you is telling me you're just set in your ways.
Firstly, i never even said if $56k was enough, but you somehow think $56k+ is not enough, but $66k isš¤¦š¤¦š¤¦.
Nigerian-Americans often represent a more determined and resourceful subset of Nigerians due to the difficulties of immigrating to the U.S. However, this logic doesnāt dismiss their achievements. The same ācream of the cropā argument applies to immigrants from other countries who excel in the U.S. The broader Nigerian diaspora includes diverse experiences, but blaming crime rates in certain countries solely on access to ānon-eliteā Nigerians oversimplifies societal and systemic factors in those nations. Crime and fraud arenāt unique to Nigeriansāitās a global issue often tied to poverty and opportunity. They havenāt allowed the victim mentality to stop them from success.Africans, Carribeans, Latinos and Asians emphasize education, family support, and small business ownership, even in the face of discrimination. These strategies have helped them build wealth and influence despite hardships faced. Why canāt blacks do the same?
1. Other Groups Also Faced Systemic Oppression ā¢ Native Americans: Endured genocide, forced removal, and loss of nearly all ancestral lands. Policies like the Indian Removal Act, forced assimilation through boarding schools, and broken treaties systematically destroyed their way of life. Today, many Native communities live in poverty with limited access to resources. ā¢ Jewish Americans: The Holocaust eradicated entire families, and survivors who immigrated to the U.S. often faced anti-Semitism. In America, Jewish people were excluded from universities, neighborhoods, and industries, with anti-Semitic violence persisting even today. ā¢ Asian Americans: Subjected to the Chinese Exclusion Act (1882), Japanese internment during World War II, and systemic racism that persists through stereotypes and xenophobia. Post-9/11 Islamophobia targeted South Asians, and the COVID-19 pandemic led to a surge in anti-Asian hate crimes.
2. African Americans Are Not Alone in Experiencing Economic Marginalization ā¢ Many groups have faced economic hardships due to systemic barriers: ā¢ Latinos: Often relegated to low-paying, physically demanding jobs with limited upward mobility. Historically, Mexican Americans lost land and citizenship after the U.S.-Mexico War, and migrant workers continue to face exploitation. ā¢ Native Americans: Poverty rates on reservations are among the highest in the country, compounded by underfunded schools and limited job opportunities. ā¢ Asian Americans: While often perceived as a āmodel minority,ā Southeast Asians and Pacific Islanders experience high poverty rates and barriers to education 3. Cultural Erasure and Discrimination Are Not Unique ā¢ Native Americans: Had their languages, traditions, and religions forcibly erased through policies like boarding schools and bans on cultural practices. ā¢ Jewish People: Widespread anti-Semitism in Europe and the U.S. sought to exclude them from society. The Holocaust attempted to erase their identity altogether. ā¢ Latinos: Faced English-only laws and pressures to assimilate, often losing their native languages and cultural traditions.
4. Other Groups Also Suffered Generational Trauma
Generational trauma isnāt exclusive to African Americans: ā¢ Native Americans: Trauma from forced relocations, broken treaties, and systemic poverty has been passed down for generations. ā¢ Jewish Americans: The Holocaust and centuries of persecution have left deep psychological scars. ā¢ Asian Americans: Japanese internment, wars in Southeast Asia, and anti-Asian hate crimes have created a legacy of trauma in these communitie
Your entire first paragraph is flawed... You used Nigerian-American diaspora as an example for Black American lack of success; i gave you examples of how Nigerians are viewed in some other countriws. And It's so shocking you used the term "Systemic factors" to try and defend Nigerians in these countries were Nigerians are not commonly seen in a good light, but can't use that same perspective for Black Americans... This is what i mean when i told you that are you just the "I'm OK with it as long as it's not my group" type of person.
And it's very hypocritical to mention what Africans, Carribbeans, and Asian diasporas are doing in the U.S, while the country most of them come from are a Mess... It's super hypocritical, because like i told you in one of my other comments, use those principles to elevate the countries they're fleeing from... You can't be fleeing from a mess of a country and think you have the moral high-ground to say shit; Nigeria is an insecure complete crap, India is crap (Yes it is, but i will go to that in a later comment), almost all the countries of Latin America are crap; Jamaican and Haiti, two Carribbeans Nations whose Citizens migrate to the U.S a lot is an Insecure mess... I could go on and on.
Like i said, i don't want to derve too much on this topic anymore, that's why i'm just giving as short of a comment as possible.
Every country has challenges, but claiming that Indiaās future is doomed because of emigration is shortsighted. Large populations naturally lead to large diasporasāitās a sign of globalization, not a failing nation. By your logic, China, with thousands of migrants at the southern U.S. border, would also be a āfailed state.ā Yet, China is on track to challenge U.S. dominance globally. Is it a āshitholeā too? Clearly, migration doesnāt define a countryās development.
India is far from āfinishedāāhereās why: 1. Economic Growth: India is already the fifth-largest economy and is projected to surpass Japan and Germany to become the third-largest by 2030. Its GDP growth rate remains among the highest globally. 2. Industrialization: Indiaās industrial sector contributes 28% to GDP and is expanding rapidly. While Chinaās manufacturing currently dominates at 40%, India is catching up as it reforms and attracts foreign investment. 3. Demographics: With a median age of 28, India boasts one of the youngest populations globally. By 2030, it will have the largest working-age populationāa demographic advantage as East Asia and the West face aging populations. 4. Innovation: India leads in digital transformation, with programs like Aadhaar (worldās largest biometric ID system), UPI (revolutionizing digital payments), and Digital India, improving services and driving rural development.
India isnāt āgoing nowhere.ā Itās industrializing, innovating, and leveraging its demographic strengths. Migration doesnāt diminish its potentialāitās already shaping up to rival future global powers like China and Mexico.
Lets start with your 1st paragraph, because those are the ones i'm usually most interested in... "Every country has challenges"; yea, Nigeria also has its challenges, it doesn't stop Nigeria from being crap; and i never said India was doomed, i said it was a SHITHOLE, and that's literally facts.
Saying India is Rich is like saying Nigeria is Rich; using absolute GDP instead of Per Capita GDP to quatify a Nation is one of the most delusional things i've ever seen someone do... What shocked me the most with your comment some weeks back is that you really compared a Nation with a per capita GDP of $2600, one of the worst in Asia, to a Nation with a per capita of about $52000. I guess that means we can start comparing Nigeria as being way better than Estonia, or even Portugal since Nigeria has a better absolute GDPššš.
"Large populations naturally lead to large diasporasāitās a sign of globalization, not a failing nation"... š¤¦š¤¦š¤¦, This your statement makes me laugh especially in the case of India; so let me give an example, the U.S is the 3rd most populated country in the world if i'm not mistaken, by your logic, the U.S should be one of the biggest migrators in the world, with U.S citizens doing anything, even to live as hiding illegals, to make sure that they never go back to the U.S again right?... Bro, stop using flimsy excuses to defend mediocrity.
"3. Demographics: With a median age of 28, India boasts one of the youngest populations globally. By 2030, it will have the largest working-age populationāa demographic advantage as East Asia and the West face aging populations"... š¤¦š¤¦š¤¦, i'm just going to say something here, why won't you fucking expect them to have one of the largest working-age population with a population of literally 1.4+ Billion people.
"1. Economic Growth: India is already the fifth-largest economy and is projected to surpass Japan and Germany to become the third-largest by 2030. Its GDP growth rate remains among the highest globally."... It's like you still don't understand why this is; it remains one of the highest because it has the largest population in the world, it's a majorly population driven economy, not a majorly developmental and Innovation driven economy, it's that simple... It's the same thing Nigeria faced last decade when we were considered one of the fastest growing Economies, the Economy was majorly stagnantly stable before Buhari, and the high population rate just majorly pushed it with stuffs like more tax and consumerism from a larger population pool... Then came the later half of the Buhari administration, and things started declining to the point that we couldn't even have that askewed delusion on our economy.
"4. Innovation: India leads in digital transformation, with programs like Aadhaar (worldās largest biometric ID system), UPI (revolutionizing digital payments), and Digital India, improving services and driving rural development"... So i should be amazed by the most populated country in the world having the largest National biometric ID system?, or the largest Digital payments?; i don't understand how i should be ecstatic by that, but i guess to you, i should be right?š¤¦š¤¦š¤¦... Dude, don't make me laugh.
I swear, you're easily blinded by figures and stats., instead of looking at the systemic issues those region faces... And the worst part is you don't even look at the right stats., you just gobble up the stats.; for example, lets say the HIV epidemic in South Africa, i won't be surprised if you said South Africa has the worst case of HIV in the world, and by absolute numbers, you'd be very correct; but do you know you have a higher chance of contanting HIV in Botswana, Zimbabwe, Eswatini, and Lesotho, than in South Africa?. Why?, because they all have a higher prevalence rate.
I canāt be bothered to give a lengthy response because all these chat forums censor the hell out of everything but most of what youāre saying is wrong. You canāt even distinguish GDP and wealth. Blacks will have zero wealth by 2050. Latino GDP because their economic impact in the US is growing. Thatās not propaganda. Theyāre collective because Latinos will reach $110 trillion dollars by 2053 based on current projections. The reason is because Latinos contribute far more to the economy than blacks ever did and ever will. Latino GDP is only smaller than like 4 other nations. US wealth is different to US GDP. Blacks are not seeing their financial status improving. Are you out of your mind? I posted a link that showed that millennial black wealth is nowhere that of other races. Blacks are more likely to default on their debt. Younger blacks are poorer than ever.
Your mistake was comapring blacks to Latinos. Youāre out of your mind. Blacks are nowhere on the level of Latinos whether thatās Latin Americans vs Africans or Latinos in the western hemisphere vs blacks. Itās a no brainer. The Latino community is far richer, more prosperous, civilised etc. Latinos have surpassed blacks in everything population, education, economy, health itās not close.
Hereās a list highlighting the factors driving Latinosā economic prosperity in the U.S.:
1. High Rate of Entrepreneurship ā¢ Business Growth: Latino-owned businesses increased by 57% from 2007 to 2021, compared to just 5% growth for White-owned businesses. ā¢ New Entrepreneurs: Nearly 25% of new entrepreneurs in the U.S. in 2021 were Latino, showcasing their role in driving business creation.
2. Strong Labor Force Participation ā¢ Workforce Representation: Latinos currently comprise nearly 20% of the U.S. labor force and are projected to make up 30% by 2050. ā¢ Essential Industries: They are highly represented in critical sectors like construction, agriculture, hospitality, healthcare, and general labor.
3. Economic Contributions (GDP Growth) ā¢ Latino GDP: In 2022, the U.S. Latino GDP reached $3.6 trillion, making it the fifth-largest economy globally, surpassing countries like India and the U.K. ā¢ Growth Rate: From 2017 to 2022, Latinos contributed 28.3% of total GDP growth in the U.S., despite making up only 19.5% of the population.
4. Youthful Demographics ā¢ Latinos have a median age of 30, much younger than the U.S. average, positioning them as a dynamic and growing workforce. ā¢ This youthful demographic ensures sustained labor force growth and consumer demand.
5. Increasing Education and Skills ā¢ Latino college enrollment has been rising steadily, which will translate to higher-skilled workers in the future. ā¢ Many Latinos are pursuing careers in growing fields like technology and healthcare.
6. Rising Consumer Power ā¢ Latinos are a major consumer base, with a collective purchasing power exceeding $3 trillion and growing rapidly. ā¢ Their spending is fueling industries like retail, housing, and automotive.
7. Cultural and Economic Resilience ā¢ Latinos often demonstrate intergenerational financial support (e.g., pooling resources to buy homes or start businesses), which strengthens household stability and economic mobility. ā¢ Their communities emphasize hard work and perseverance, making them a reliable driver of U.S. economic growth.
8. Geographic Impact ā¢ High Latino populations in economically dynamic regions (e.g., California, Texas, Florida) amplify their economic influence in areas vital to the national economy.
9. Urban and Suburban Growth ā¢ Latinos are driving population growth in both cities and suburbs, supporting housing markets and local economies across the U.S.
10. Political and Economic Recognition ā¢ Policymakers and businesses increasingly recognize the importance of Latinos in sustaining economic growth, leading to more targeted investments and opportunities.
Conclusion:
Latinos are uniquely positioned to drive U.S. economic prosperity through their entrepreneurship, labor force participation, consumer power, and youthful demographics. Their contributions are critical to the countryās present and future growth.
Latinos play a pivotal role in the U.S. economy, particularly in sectors like construction and agriculture. Hereās an overview of their contributions:
1. Construction Industry ā¢ Workforce Representation: Latinos constitute approximately 30% of the construction workforce, with higher concentrations in specific roles: ā¢ 47% of construction laborers ā¢ 53% of painters and paperhangers ļæ¼ ā¢ Geographical Concentration: Over half of Latino construction workers are in Texas, California, and Florida. In Texas, they make up 61% of the construction labor force. ļæ¼
2. Agriculture Sector ā¢ Demographic Presence: Latinos represent a significant portion of agricultural workers, with many being foreign-born. ļæ¼ ā¢ Unauthorized Workforce: Unauthorized immigrants, many of whom are Latino, account for 17% of the agriculture industryās workforce. ļæ¼
3. Broader Economic Contributions ā¢ Labor Force Growth: From 2003 to 2023, the number of Latinos in the labor force increased by 69%, a growth rate more than ten times that of non-Latino workers. ļæ¼ ā¢ Entrepreneurship: As of 2019, there were over 2.5 million Latino entrepreneurs in the U.S., significantly contributing to economic dynamism. ļæ¼
Conclusion
Latinos are integral to the U.S. economy, especially in construction and agriculture. Their substantial representation in these sectors underscores their importance in sustaining and advancing economic growth.
"I canāt be bothered to give a lengthy response because all these chat forums censor the hell out of everything but most of what youāre saying is wrong. You canāt even distinguish GDP and wealth. Blacks will have zero wealth by 2050. Latino GDP because their economic impact in the US is growing. Thatās not propaganda. Theyāre collective because Latinos will reach $110 trillion dollars by 2053 based on current projections. The reason is because Latinos contribute far more to the economy than blacks ever did and ever will. Latino GDP is only smaller than like 4 other nations. US wealth is different to US GDP. Blacks are not seeing their financial status improving. Are you out of your mind? I posted a link that showed that millennial black wealth is nowhere that of other races. Blacks are more likely to default on their debt. Younger blacks are poorer than ever"
You gave an article from 2017, an article that was easily debunked by me... Then again, you said "Blacks are not seeing their financial status improving", something that doesn't take one google search away to debunk; are you this dense to understand that what you're saying is factually false?š¤¦š¤¦š¤¦... A projection told you that the U.S latinos will have a projected Economic impact of $114 Trillion by 2050, and you don't see the propaganda in that, don't you think?... And the funny one is you then said Blacks will be zero wealth by 2050, when it's not even hard to debunk that since 2017 that the article came out, the financial status and contribution of Black Americans has not even declined ones, but haa been improving.
"Your mistake was comapring blacks to Latinos. Youāre out of your mind"... The funny thing is you're are the one that has been comparing them since, i never even compared, all i talked about was their median financial wealth being relatively close, but i guess in your dense mind, that's comparison. You then went on to compare their historical plight, which i never denied that the Latinos haven't had it hard in the U.S, but comparing a group that didn't faced slavery in the U.S post Independence, didn't face the level of Lawful Segregation that Blacks faced in the U.S; so many more i could go into, you comparing both plights is really deluded.
I mean, i've never even seen a Latino that was delusional enough to compare their plight in the United States to that of the Black Americans, but here comes a Nigerian like myself who comes from a shithole country, and he thinks he can compare... People have always said that Nigerians can be very ignorant, your situation is making me to start to believe that.
The only group in the United States that you could say faced it as bad, maybe even worse than Black Americans did, are the Natives... And look at the state of the Natives in the country; i mean one could boil it down to they're not just that into the financial aspect of life, but it's not that hard to see that the Natives are Economically not doing so well.
Lets start with your 1st paragraph, because those are the ones i'm usually most interested in... "Every country has challenges"; yea, Nigeria also has its challenges, it doesn't stop Nigeria from being crap; and i never said India was doomed, i said it was a SHITHOLE, and that's literally facts.
Saying India is Rich is like saying Nigeria is Rich; using absolute GDP instead of Per Capita GDP to quatify a Nation is one of the most delusional things i've ever seen someone do... What shocked me the most with your comment some weeks back is that you really compared a Nation with a per capita GDP of $2600, one of the worst in Asia, to a Nation with a per capita of about $52000. I guess that means we can start comparing Nigeria as being way better than Estonia, or even Portugal since Nigeria has a better absolute GDPššš.
"Large populations naturally lead to large diasporasāitās a sign of globalization, not a failing nation"... š¤¦š¤¦š¤¦, This your statement makes me laugh especially in the case of India; so let me give an example, the U.S is the 3rd most populated country in the world if i'm not mistaken, by your logic, the U.S should be one of the biggest migrators in the world, with U.S citizens doing anything, even to live as hiding illegals, to make sure that they never go back to the U.S again right?... Bro, stop using flimsy excuses to defend mediocrity.
"3. Demographics: With a median age of 28, India boasts one of the youngest populations globally. By 2030, it will have the largest working-age populationāa demographic advantage as East Asia and the West face aging populations"... š¤¦š¤¦š¤¦, i'm just going to say something here, why won't you fucking expect them to have one of the largest working-age population with a population of literally 1.4+ Billion people.
"1. Economic Growth: India is already the fifth-largest economy and is projected to surpass Japan and Germany to become the third-largest by 2030. Its GDP growth rate remains among the highest globally."... It's like you still don't understand why this is; it remains one of the highest because it has the largest population in the world, it's a majorly population driven economy, not a majorly developmental and Innovation driven economy, it's that simple... It's the same thing Nigeria faced last decade when we were considered one of the fastes growing Economies, the Economy was majorly stagnantly stable before Buhari, and the high population rate just majorly pushed it with stuffs like more tax from a higher population pool... Then came the later half of the Buhari administration, and things started declining to the point that we couldn't even have that askewed delusion on our economy.
"4. Innovation: India leads in digital transformation, with programs like Aadhaar (worldās largest biometric ID system), UPI (revolutionizing digital payments), and Digital India, improving services and driving rural development"... So i should be amazed by the most populated country in the world having the largest National biometric ID system?, or the largest Digital payments?; i don't understand how i should be ecstatic by that, but i guess to you, i should be right?š¤¦š¤¦š¤¦... Dude, don't make me laugh.
I swear, you're easily blinded by figures and stats., instead of looking at the systemic issues those region faces... And the worst part is you don't even look at the right stats., you just gobble up the stats.; for example, lets say the HIV epidemic in South Africa, i won't be surprised if you said South Africa has the worst case of HIV in the world, and by absolute numbers, you'd be very correct; but do you know you have a higher chance of contanting HIV in Botswana, Zimbabwe, Eswatini, and Lesotho, than in South Africa?. Why?, because they all have a higher prevalence rate.
āLets start with your 1st paragraph, because those are the ones i'm usually most interested in... "Every country has challenges"; yea, Nigeria also has its challenges, it doesn't stop Nigeria from being crap; and i never said India was doomed, i said it was a SHITHOLE, and that's literally facts.
Saying India is Rich is like saying Nigeria is Rich; using absolute GDP instead of Per Capita GDP to quatify a Nation is one of the most delusional things i've ever seen someone do... What shocked me the most with your comment some weeks back is that you really compared a Nation with a per capita GDP of $2600, one of the worst in Asia, to a Nation with a per capita of about $52000. I guess that means we can start comparing Nigeria as being way better than Estonia, or even Portugal since Nigeria has a better absolute GDPššš.ā
Comparing Nigeria to India is crazy. India is a world power. It has far better prospects than Nigeria. Comparing India to Nigeria is like comparing a zoo to a civilisation. Calling African nations zoos is even an insult to zoos themselves. I canāt believe youāre still comparing black and Asians š.
And your comparison with Nigeria having a larger GDP than Estonia is terrible. All Nigeria has is population. The people there donāt have a brain. Are we seriously going to compare the educational and intellectual capabilities of blacks to Asians? Nigeria just has a larger GDP thatās dwindling because of population. India is actually a productive country. Itās the 12th largest exporter on earth.
All Iām saying is that India is not a shithole. India has experienced robust economic growth in recent years, often surpassing that of major economies like the United States and China. In 2022, Indiaās GDP grew by 7.2%, outpacing Chinaās 3.0% and the United Statesā 1.9%. ļæ¼
Comparative GDP Growth Rates (2022): ā¢ India: 7.2% ā¢ China: 3.0% ā¢ United States: 1.9%
However, in the second quarter of the fiscal year 2024-25, Indiaās GDP growth slowed to 5.4%, marking a seven-quarter low. ļæ¼
Recent Quarterly GDP Growth: ā¢ India (Q2 FY 2024-25): 5.4%
Future Projections:
Analysts anticipate that India will continue to be a significant contributor to global economic growth. The World Economic Forum noted that in 2023, India contributed 16% to global growth, with a growth rate of 7.2% in fiscal 2022-2023, the second-highest among G20 countries. ļæ¼
Long-term forecasts suggest that India could become one of the worldās largest economies. PricewaterhouseCoopers projects that by 2050, India could rank second globally in GDP at purchasing power parity (PPP), behind China but ahead of the United States. ļæ¼
Projected Global GDP Rankings by 2050 (PPP): 1. China 2. India 3. United States
Similarly, Goldman Sachs Research forecasts that by 2075, India will have the worldās second-largest economy, attributing this growth to its expanding population and labor force participation.
āš¤¦š¤¦š¤¦, i'm just going to say something here, why won't you fucking expect them to have one of the largest working-age population with a population of literally 1.4+ Billion peopleā A young and youthful population thatās running out in countries in the west gives them an advantage. Western countries are increasingly dependent upon Asian labor and ingenuity.
āThis your statement makes me laugh especially in the case of India; so let me give an example, the U.S is the 3rd most populated country in the world if i'm not mistaken, by your logic, the U.S should be one of the biggest migrators in the world, with U.S citizens doing anything, even to live as hiding illegals, to make sure that they never go back to the U.S again right?... Bro, stop using flimsy excuses to defend mediocrityā
As of December 2024, the global population stands at approximately 8.2 billion people. The distribution of this population is highly uneven, with certain countries accounting for significant proportions.
Top 15 Countries with the Largest Diaspora Populations: 1. India: 17.9 million 2. Mexico: 11.8 million 3. Russia: 10.5 million 4. China: 10.7 million 5. Syria: 8.2 million 6. Bangladesh: 7.8 million 7. Pakistan: 6.3 million 8. Ukraine: 5.9 million 9. Philippines: 5.4 million 10. Afghanistan: 5.1 million 11. United Kingdom: 4.9 million 12. Germany: 4.5 million 13. Turkey: 4.3 million 14. Egypt: 3.7 million 15. Italy: 3.5 million
ļæ¼All your arguments are centred around feelings and emotions not really empirical evidence. Stop giving me anecdotal garbage. The most populous countries in the world tend to have the largest diasporas but not always.
USA is a very insular country is why US citizens donāt leave. But using your logic, China is a shithole.
āSo i should be amazed by the most populated country in the world having the largest National biometric ID system?, or the largest Digital payments?; i don't understand how i should be ecstatic by that, but i guess to you, i should be right?š¤¦š¤¦š¤¦... Dude, don't make me laugh.
I swear, you're easily blinded by figures and stats., instead of looking at the systemic issues those region faces... And the worst part is you don't even look at the right stats., you just gobble up the stats.; for example, lets say the HIV epidemic in South Africa, i won't be surprised if you said South Africa has the worst case of HIV in the world, and by absolute numbers, you'd be very correct; but do you know you have a higher chance of contanting HIV in Botswana, Zimbabwe, Eswatini, and Lesotho, than in South Africa?. Why?, because they all have a higher prevalence rateā
The difference is I use empirical information to back up my point. You use anecdotal nonsense. The fact that you know people in India that are saying the country is finished doesnāt mean it actually is. India is growing in a way that most other countries arenāt. Sure India is bad but itās better and doing better than most other countries out there. Particularly now that Trump is back. Much of Chinaās manufacturing dominance will go to India, Philippines, Vietnam and so on. More of what we consume will be made in india.
India is growing in ways that set it apart from most countries:
Politically: ā¢ India is the worldās largest democracy, holding regular elections and managing a diverse population. Its geopolitical strategy balances relationships with major powers while asserting itself as a regional leader.
Technologically: ā¢ India is a global IT hub, with cities like Bengaluru driving innovation in tech and software. ā¢ A booming startup scene, supported by initiatives like āStartup India,ā and programs like āMake in Indiaā are attracting global manufacturing giants like Apple and Samsung.
Socially: ā¢ With a young population, India has a massive workforce and growing urban centers reshaping lifestyles and fueling consumer-driven growth.
Culturally: ā¢ Bollywood, Indian music, and cuisine dominate globally. Festivals and cultural exports keep Indiaās rich heritage in the global spotlight.
Economically: ā¢ Unlike many countries that rely heavily on manufacturing, Indiaās economy is led by its service sector, particularly IT and outsourcing. ā¢ A growing middle class and domestic consumption further drive its growth.
The Bigger Picture:
Indiaās combination of youthful energy, cultural richness, political stability, and tech-savviness is unique. Itās growing not just economically but also in influence, culturally and geopolitically, making it a standout among nations today.
āLets start with your 1st paragraph, because those are the ones i'm usually most interested in... "Every country has challenges"; yea, Nigeria also has its challenges, it doesn't stop Nigeria from being crap; and i never said India was doomed, i said it was a SHITHOLE, and that's literally facts.
Saying India is Rich is like saying Nigeria is Rich; using absolute GDP instead of Per Capita GDP to quatify a Nation is one of the most delusional things i've ever seen someone do... What shocked me the most with your comment some weeks back is that you really compared a Nation with a per capita GDP of $2600, one of the worst in Asia, to a Nation with a per capita of about $52000. I guess that means we can start comparing Nigeria as being way better than Estonia, or even Portugal since Nigeria has a better absolute GDPššš.ā
Comparing Nigeria to India is crazy. India is a world power. It has far better prospects than Nigeria. Comparing India to Nigeria is like comparing a zoo to a civilisation. Calling African nations zoos is even an insult to zoos themselves. I canāt believe youāre still comparing black and Asians š.
And your comparison with Nigeria having a larger GDP than Estonia is terrible. All Nigeria has is population. The people there donāt have a brain. Are we seriously going to compare the educational and intellectual capabilities of blacks to Asians? Nigeria just has a larger GDP thatās dwindling because of population. India is actually a productive country. Itās the 12th largest exporter on earth.
All Iām saying is that India is not a shithole. India has experienced robust economic growth in recent years, often surpassing that of major economies like the United States and China. In 2022, Indiaās GDP grew by 7.2%, outpacing Chinaās 3.0% and the United Statesā 1.9%. ļæ¼
Comparative GDP Growth Rates (2022): ā¢ India: 7.2% ā¢ China: 3.0% ā¢ United States: 1.9%
However, in the second quarter of the fiscal year 2024-25, Indiaās GDP growth slowed to 5.4%, marking a seven-quarter low. ļæ¼
Recent Quarterly GDP Growth: ā¢ India (Q2 FY 2024-25): 5.4%
Future Projections:
Analysts anticipate that India will continue to be a significant contributor to global economic growth. The World Economic Forum noted that in 2023, India contributed 16% to global growth, with a growth rate of 7.2% in fiscal 2022-2023, the second-highest among G20 countries. ļæ¼
Long-term forecasts suggest that India could become one of the worldās largest economies. PricewaterhouseCoopers projects that by 2050, India could rank second globally in GDP at purchasing power parity (PPP), behind China but ahead of the United States. ļæ¼
Projected Global GDP Rankings by 2050 (PPP): 1. China 2. India 3. United States
Similarly, Goldman Sachs Research forecasts that by 2075, India will have the worldās second-largest economy, attributing this growth to its expanding population and labor force participation.
āš¤¦š¤¦š¤¦, i'm just going to say something here, why won't you fucking expect them to have one of the largest working-age population with a population of literally 1.4+ Billion peopleā A young and youthful population thatās running out in countries in the west gives them an advantage. Western countries are increasingly dependent upon Asian labor and ingenuity.
āThis your statement makes me laugh especially in the case of India; so let me give an example, the U.S is the 3rd most populated country in the world if i'm not mistaken, by your logic, the U.S should be one of the biggest migrators in the world, with U.S citizens doing anything, even to live as hiding illegals, to make sure that they never go back to the U.S again right?... Bro, stop using flimsy excuses to defend mediocrityā
As of December 2024, the global population stands at approximately 8.2 billion people. The distribution of this population is highly uneven, with certain countries accounting for significant proportions.
Top 15 Countries with the Largest Diaspora Populations: 1. India: 17.9 million 2. Mexico: 11.8 million 3. Russia: 10.5 million 4. China: 10.7 million 5. Syria: 8.2 million 6. Bangladesh: 7.8 million 7. Pakistan: 6.3 million 8. Ukraine: 5.9 million 9. Philippines: 5.4 million 10. Afghanistan: 5.1 million 11. United Kingdom: 4.9 million 12. Germany: 4.5 million 13. Turkey: 4.3 million 14. Egypt: 3.7 million 15. Italy: 3.5 million
ļæ¼All your arguments are centred around feelings and emotions not really empirical evidence. Stop giving me anecdotal garbage. The most populous countries in the world tend to have the largest diasporas but not always.
USA is a very insular country is why US citizens donāt leave. But using your logic, China is a shithole.
āSo i should be amazed by the most populated country in the world having the largest National biometric ID system?, or the largest Digital payments?; i don't understand how i should be ecstatic by that, but i guess to you, i should be right?š¤¦š¤¦š¤¦... Dude, don't make me laugh.
I swear, you're easily blinded by figures and stats., instead of looking at the systemic issues those region faces... And the worst part is you don't even look at the right stats., you just gobble up the stats.; for example, lets say the HIV epidemic in South Africa, i won't be surprised if you said South Africa has the worst case of HIV in the world, and by absolute numbers, you'd be very correct; but do you know you have a higher chance of contanting HIV in Botswana, Zimbabwe, Eswatini, and Lesotho, than in South Africa?. Why?, because they all have a higher prevalence rateā
The difference is I use empirical information to back up my point. You use anecdotal nonsense. The fact that you know people in India that are saying the country is finished doesnāt mean it actually is. India is growing in a way that most other countries arenāt. Sure India is bad but itās better and doing better than most other countries out there. Particularly now that Trump is back. Much of Chinaās manufacturing dominance will go to India, Philippines, Vietnam and so on. More of what we consume will be made in india.
India is growing in ways that set it apart from most countries:
Politically: ā¢ India is the worldās largest democracy, holding regular elections and managing a diverse population. Its geopolitical strategy balances relationships with major powers while asserting itself as a regional leader.
Technologically: ā¢ India is a global IT hub, with cities like Bengaluru driving innovation in tech and software. ā¢ A booming startup scene, supported by initiatives like āStartup India,ā and programs like āMake in Indiaā are attracting global manufacturing giants like Apple and Samsung.
Socially: ā¢ With a young population, India has a massive workforce and growing urban centers reshaping lifestyles and fueling consumer-driven growth.
Culturally: ā¢ Bollywood, Indian music, and cuisine dominate globally. Festivals and cultural exports keep Indiaās rich heritage in the global spotlight.
Economically: ā¢ Unlike many countries that rely heavily on manufacturing, Indiaās economy is led by its service sector, particularly IT and outsourcing. ā¢ A growing middle class and domestic consumption further drive its growth.
The Bigger Picture:
Indiaās combination of youthful energy, cultural richness, political stability, and tech-savviness is unique. Itās growing not just economically but also in influence, culturally and geopolitically, making it a standout among nations today.
You use Empirical information to back up your point?ššš... Bro, comparing a country with a per capita of $2600 and one with a per capita of $56000 is mot empirical information, it's outright delusion... The fact that India has a per capita of $2600 is actual realistic Empirical information... I never use anecdotal nonsense; i compare my Empirical information with the systemic activities of the country.
Fact: India has one the highest population in the world at 1.4+ billion, so a nominal GDP of $3.8+ Trillion is not exceptional, nor is them having the largest National biometric ID system, or an economic growth of 5.2 if i remember you correctly, or others... A 5.2 economic growth is very good from a face value perspective, but given a stacked population like that heavily driving the economy, it's not shocking
The fact is you go by empirical information alone, not introducing systemic reasons that can contribute to that empirical information; and that's delusional... So saying the Indian GDP is set to surpass that of Japan while technically correct, doesn't mean India will be set to be doing better than Japan when their GDP surpasses them, or is even close to be doing better than Japan. There has to be systemic reasoning to any empirical information, or that information becomes delusional.
You've been giving projections on were India is set to be, i've been giving you the systemic reasons why that projections are like that, it doesn't change India from being a Shithole... We face similar projections in Nigeria in relation to Africa all the time, and even in the last decade, was up there in respect to the rest of the world, but only a delusional man will think those projections actually meant great progress; have you seen our population growth?.
In 2050, Nigeria is projected to become the 15th largest economy, surpassing a decent amount of European Nations... I'm going to ask you a question?, will Nigeria actually be economically better than those Nations?; Now, my answer is of course not, i want to hear yours... And that's why just spitting out statistical information without adding the systemic side of the region is outright delusion.
By the way, i never compared India with Nigeria, even in an older comment of mine when you compared India to England, i said you can't make that comparison because India has a shit economy per the population like Nigeria does, but theirs are actually way better than ours, and currently stable... And stop using absolute numbers; a country is its people, any Statistical information has to also go with the systemic reasoning affecting that information.
You called India a Superpower, it's not considered a Superpower, it's considered an "Emerging Superpower", and that consideration has mainly been fueled by its high population... I will ask you this question, from an Economical perspective as an Individual, would you rather live in India or in England?; another question still from the same perspective, would you rather live in Nigeria or in Portugal?.
You use Empirical information to back up your point?ššš... Bro, comparing a country with a per capita of $2600 and one with a per capita of $56000 is mot empirical information, it's outright delusion... The fact that India has a per capita of $2600 is actual realistic Empirical information... I never use anecdotal nonsense; i compare my Empirical information with the systemic activities of the country.
Fact: India has one the highest population in the world at 1.4+ billion, so a nominal GDP of 3.3+ Trillion is not exceptional, nor is them having the largest National biometric ID system, or an economic growth of 5.2 if i remember you correctly, or others... A 5.2 economic growth is very good from a face value perspective, but given a stacked population like that heavily driving the economy, it's not shocking
The fact is you go by empirical information alone, not introducing systemic reasons that can contribute to that empirical information; and that's delusional... So saying the Indian GDP is set to surpass that of Japan while technically correct, doesn't mean India will be set to be doing better than Japan when their GDP surpasses them, or is even close to be doing better than Japan. There has to be systemic reasoning to any empirical information, or that information becomes delusional.
You've been giving projections on were India is set to be, i've been giving you the systemic reasons why that projections are like that, it doesn't change India from being a Shithole... We face similar projections in Nigeria in relation to Africa all the time, and even in the last decade, was up there in respect to the rest of the world, but only a delusional man will think those projections actually meant great progress; have you seen our population growth?.
In 2050, Nigeria is projected to become the 15th largest economy, surpassing a decent amount of European Nations... I'm going to ask you a question?, will Nigeria actually be economically better than those Nations?; Now, my answer is of course not, i want to hear yours... And that's why just spitting out statistical information without adding the systemic side of the region is outright delusion.
By the way, i never compared India with Nigeria, even in an older comment of mine when you compared India to England, i said you can't make that comparison because India has a shit economy per the population like Nigeria does, but theirs are actually way better than ours, and currently stable... And stop using absolute numbers; a country is its people, any Statistical information has to also go with the systemic reasoning affecting that information.
You called India a Superpower, it's not considered a Superpower, it's considered an "Emerging Superpower", and that consideration has mainly been fueled by its high population... I will ask you this question, from an Economical perspective as an Individual, would you rather live in India or in England?; another question still from the same perspective, would you rather live in Nigeria or in Portugal?.
āYou use Empirical information to back up your point?ššš... Bro, comparing a country with a per capita of $2600 and one with a per capita of $56000 is mot empirical information, it's outright delusion... The fact that India has a per capita of $2600 is actual realistic Empirical information... I never use anecdotal nonsense; i compare my Empirical information with the systemic activities of the countryā When did I ever compare US and India? All I said is that India is not a shithole.
āFact: India has one the highest population in the world at 1.4+ billion, so a nominal GDP of 3.3+ Trillion is not exceptional, nor is them having the largest National biometric ID system, or an economic growth of 5.2 if i remember you correctly, or others... A 5.2 economic growth is very good from a face value perspective, but given a stacked population like that heavily driving the economy, it's not shockingā Population is not the only factor behind a large GDP. Why is US economy larger than India and China combined when they donāt even have up to 1/6th of their population. Iām not saying India is doing well but itās certainly doing better than most countries on earth.
āThe fact is you go by empirical information alone, not introducing systemic reasons that can contribute to that empirical information; and that's delusional... So saying the Indian GDP is set to surpass that of Japan while technically correct, doesn't mean India will be set to be doing better than Japan when their GDP surpasses them, or is even close to be doing better than Japan. There has to be systemic reasoning to any empirical information, or that information becomes delusionalā
Empiricism is the best way to compare which country is objectively doing better. India is joining the club late but it will eventually reach US and China levels. If countries like India and China raised their GDP per capitas to numbers like 1/4 of a western country. Their economies would outweigh the others.
āYou've been giving projections on were India is set to be, i've been giving you the systemic reasons why that projections are like that, it doesn't change India from being a Shithole... We face similar projections in Nigeria in relation to Africa all the time, and even in the last decade, was up there in respect to the rest of the world, but only a delusional man will think those projections actually meant great progress; have you seen our population growth?ā
I canāt take you seriously comparing Africans to Asians is like comparing monkeys to humans or jungles to civilisations. What part of no successful black society exists doesnāt your mind comprehend? Africa is a lost cause. Any black society is destined to fail. Itās Hilarious you even think that African countries wouldnāt have fragmented by then. Nigeria is the next Sudan. There is absolutely no way in hell Nigeria or any African country is achieving any meaningful prosperity. Never in a trillion years. You sound so stupid how can you compare African to Asian potential? Japan on its own with way less people has a larger GDP than all of Africa combinedš whilst there is a shift in global power. That power shift is not going to Africa. Look at geopolitics experts like Zeihan. There is no way in hell Africa is pulling off what the Asian giants are expected to do.
āIn 2050, Nigeria is projected to become the 15th largest economy, surpassing a decent amount of European Nations... I'm going to ask you a question?, will Nigeria actually be economically better than those Nations?; Now, my answer is of course not, i want to hear yours... And that's why just spitting out statistical information without adding the systemic side of the region is outright delusionā
Again stop comparing black potential to Asian potential. There is -1000% probability that any African/black community on this planet will achieve any meaningful prosperity. You think there will be a Nigeria by 2050? Where else with India and other Asian giants, there is far more reason to believe that India will achieve its target of not just raising its GDP per capita but the country as a whole. India has the potential to match the economic and geopolitical power of the U.S. and China in both the short and long term due to its vast demographic dividend, rapid technological adoption, and strategic position in global trade and politics. With a population projected to surpass China and a growing middle class, India has the consumer base and workforce to drive sustained economic growth. Its emphasis on digital infrastructure, startups, and renewable energy further positions it as a future global powerhouse. Where your argument failed is you compared countries and continents of completely different calibres. I mentioned that India had surpass the UK to show their growing economic might. They are a top 5 world economy and you still come them a shithole?
And what systemic side are you on about? Youāre trying to prove me that India is a shithole. You keep on failing at every direction. African and black countries are shitholes not Asian ones. And how we define shitholes is relative. India may seem bad for Asian standards. But itās far more developed than most African countries. Indiaās HDI of 0.644 is higher than most African countries. The poorest and least developed Asian and Latin countries are better off in many cases than even the richest African ones.
āYou called India a Superpower, it's not considered a Superpower, it's considered an "Emerging Superpower", and that consideration has mainly been fueled by its high population... I will ask you this question, from an Economical perspective as an Individual, would you rather live in India or in England?; another question still from the same perspective, would you rather live in Nigeria or in Portugal?ā
India is an emerging power thatās set to rival the U.S. and China at some point. India will eventually reach Mexico, Phillipines and China kind of numbers. Your comparisons are again useless
India vs England is meaningless because what does that prove? Offcourse India is not going to be as good as a western country to live. With Nigeria vs Portugal, thatās a ridiculous comparison comparing a jungle to a civilisation. I never said India is better off than England or any western country particularly at this moment in time but eventually it will be especially in the long term future. India is going to be along with the US, China, Brazil etc as a more advanced economy. Africa on the other hand is doomed to failure. Every black society is.
"I canāt be bothered to give a lengthy response because all these chat forums censor the hell out of everything but most of what youāre saying is wrong. You canāt even distinguish GDP and wealth. Blacks will have zero wealth by 2050. Latino GDP because their economic impact in the US is growing. Thatās not propaganda. Theyāre collective because Latinos will reach $110 trillion dollars by 2053 based on current projections. The reason is because Latinos contribute far more to the economy than blacks ever did and ever will. Latino GDP is only smaller than like 4 other nations. US wealth is different to US GDP. Blacks are not seeing their financial status improving. Are you out of your mind? I posted a link that showed that millennial black wealth is nowhere that of other races. Blacks are more likely to default on their debt. Younger blacks are poorer than ever"
You gave an article from 2017, an article that was easily debunked by me... Then again, you said "Blacks are not seeing their financial status improving", something that doesn't take one google search away to debunk; are you this dense to understand that what you're saying is factually false?š¤¦š¤¦š¤¦... A projection told you that the U.S latinos will have a projected Economic impact of $114 Trillion by 2050, and you don't see the propaganda in that, don't you think?... And the funny one is you then said Blacks will be zero wealth by 2050, when it's not even hard to debunk that since 2017 that the article came out, the financial status and contribution of Black Americans has not even declined ones, but haa been improving.
"Your mistake was comapring blacks to Latinos. Youāre out of your mind"... The funny thing is you're are the one that has been comparing them since, i never even compared, all i talked about was their median financial wealth being relatively close, but i guess in your dense mind, that's comparison. You then went on to compare their historical plight, which i never denied that the Latinos haven't had it hard in the U.S, but comparing a group that didn't faced slavery in the U.S post Independence, didn't face the level of Lawful Segregation that Blacks faced in the U.S; so many more i could go into, you comparing both plights is really deluded.
I mean, i've never even seen a Latino that was delusional enough to compare their plight in the United States to that of the Black Americans, but here comes a Nigerian like myself who comes from a shithole country, and he thinks he can compare... People have always said that Nigerians can be very ignorant, your situation is making me to start to believe that.
The only group in the United States that you could say faced it as bad, maybe even worse than Black Americans did, are the Natives... And look at the state of the Natives in the country; i mean one could boil it down to they're not just that into the financial aspect of life, but it's not that hard to see that the Natives are Economically not doing so well.
āYou gave an article from 2017, an article that was easily debunked by me... Then again, you said "Blacks are not seeing their financial status improving", something that doesn't take one google search away to debunk; are you this dense to understand that what you're saying is factually false?š¤¦š¤¦š¤¦... A projection told you that the U.S latinos will have a projected Economic impact of $114 Trillion by 2050, and you don't see the propaganda in that, don't you think?... And the funny one is you then said Blacks will be zero wealth by 2050, when it's not even hard to debunk that since 2017 that the article came out, the financial status and contribution of Black Americans has not even declined ones, but haa been improvingā
You debunked nada and you didnāt even watch the video I sent about how and why the Latino GDP will reach over 110 trillion. You couldnāt distinguish GDP and wealth. You say itās all propaganda but youāre talking out of your ass. What the guy said in the video is clear that the reason Latinos are projected to achieve said wealth is because 1. Rapid Population Growth: The Latino population in the U.S. has quadrupled since 1980, now exceeding 65 million people. This demographic expansion contributes to increased economic activity and wealth accumulation. ļæ¼ 2. Entrepreneurial Activity: Latino-owned businesses have experienced substantial growth, with a 40% increase in ownership, marking the fastest rate in 30 years. This entrepreneurial surge enhances income generation and wealth creation within the community. ļæ¼ 3. Rising Homeownership: Homeownership among Latinos has been on the rise, with real estate assets growing by 90% between 2019 and 2023. Owning property significantly contributes to wealth accumulation over time. ļæ¼ 4. Educational Attainment: Increases in educational levels among Latinos have led to better employment opportunities and higher incomes, facilitating greater wealth accumulation. 5. Youthful Demographics: With a median age of 30.7 years, the Latino population is younger than other demographic groups, positioning them to enter their prime earning years, which supports long-term wealth growth. ļæ¼ 6. Policy Support and Economic Inclusion: Government initiatives have aimed to reduce economic disparities, resulting in a 47% increase in Latino net worth between 2019 and 2022, narrowing the Latino-white wealth gap to its smallest in nearly three decades.
Meanwhile with blacks Black wealth in the U.S. is projected to hit zero by 2053 due to systemic factors like persistent income inequality, a lack of generational wealth transfer, discrimination in housing and lending, lower homeownership rates, and economic disparities that limit access to wealth-building opportunities. Without significant policy changes or community interventions, these trends could continue to erode Black wealth over time.
You also lied about the Latino vs black wealth comparison. You said it was āmarginalā
In 2023, the median household income for Hispanic (Latino) households in the United States was $65,540, while for Black households, it was $56,490. This indicates that Latino households earned approximately $9,050 more than Black households, translating to a 16% higher median income.
How is 16% marginal?
Latino GDP is close to $4 trillion where else blacks are like half of that. 50%+ is not marginal.
The financial and economic status of black Americans is nowhere Latinos is another thing I will make you admit out of this conversation. Latino households in the U.S. generally fare better than Black households in terms of debt and bankruptcies due to differences in wealth, access to credit, and financial outcomes: ā¢ Median Debt (2021): Black households: $10,000; Latino households: $12,000. ā¢ Bankruptcy Rates: Black Americans file more bankruptcies and are more likely to use Chapter 13, which is costlier and less successful (39% success rate in Black-majority areas vs. 58% in White-majority areas). ā¢ Key Reasons: ā¢ Higher Latino homeownership rates lead to better wealth accumulation. ā¢ Black households face more discriminatory lending practices and limited access to credit. ā¢ Wealth gaps: Black households have lower median wealth than Latino households, limiting financial resilience
Youāve lost your mind on top of the fact that Latino youth are far richer, more productive, hungrier for success. In 2019, the median wealth for older millennial families (born in the 1980s) showed significant racial disparities: ā¢ White families: Approximately $88,000 ā¢ Hispanic (Latino) families: Around $22,000 ā¢ Black families: About $5,000
Blacks are nowhere the Latins. The Latin demographic has far more prosperity. Itās not even close. Black Americans arenāt that young and are quite. Latino community is full of young and vibrant people whom are hungry for success. As stereotypical as it sounds, much of those Latinos are border hoppers coming from harsher, violent, unstable and undeveloped societies than the US. āI mean, i've never even seen a Latino that was delusional enough to compare their plight in the United States to that of the Black Americans, but here comes a Nigerian like myself who comes from a shithole country, and he thinks he can compare... People have always said that Nigerians can be very ignorant, your situation is making me to start to believe that.
The only group in the United States that you could say faced it as bad, maybe even worse than Black Americans did, are the Natives... And look at the state of the Natives in the country; i mean one could boil it down to they're not just that into the financial aspect of life, but it's not that hard to see that the Natives are Economically not doing so wellā
Like other demographics, Latinos care far less about historical injustices than black Americans. They just want success hence why they make like 20% of the countryās national GDP. I donāt even care to discuss who had it worse but the point is everyone had a bad time.
I thought this conversation was long dead... But i will just pick certain things that for some reason you stated, but are also too stubborn to see.
2nd Paragraph: It's so funny you've been talking crap about Black Americans since, while literally stating the issues they face... I swear to God, it feels like you're just copying and pasting articles without actually reading them. You literally called out the systemic issues that Black Americans has faced since the Civil Rights Movement, and are somehow still throwing shades are thenššš... I don't want to compare the systemic historical plights that groups faced, but you literally listing out actual issues Black Americans faced like Redlining, how Asians were favoured more than them in their own neighborhoods, and not still figuring out what i've been trying to tell you is telling me you're just set in your ways.
Firstly, i never even said if $56k was enough, but you somehow think $56k+ is not enough, but $66k isš¤¦š¤¦š¤¦.
A good figure for a comfortable household income in the U.S. is typically around $75,000 to $80,000 annually. This amount allows for covering basic needs, moderate savings, and discretionary spending for a family of four in many areas, though high-cost regions may require significantly more. At $66,000, a household can live modestly but might face challenges in high-cost cities or during unexpected financial emergencies. But according to you 16% is MARGINALš do you read the nonsense you type. A 16% income difference is not marginal.
$55,000 a year is not enough for most US households. Your barely getting byš
I compared the plights of all those communities. They all faced something but that doesnāt mean they should allow it to affect them from success.
You also havenāt taken into account how debt management varies between.
Latino and other households in the U.S. generally fare better than Black households in terms of debt and bankruptcies due to differences in wealth, access to credit, and financial outcomes: ā¢ Median Debt (2021): Black households: $10,000; Latino households: $12,000. ā¢ Bankruptcy Rates: Black Americans file more bankruptcies and are more likely to use Chapter 13, which is costlier and less successful (39% success rate in Black-majority areas vs. 58% in White-majority areas). ā¢ Key Reasons: ā¢ Higher Latino homeownership rates lead to better wealth accumulation. ā¢ Black households face more discriminatory lending practices and limited access to credit. ā¢ Wealth gaps: Black households have lower median wealth than Latino households, limiting financial resilience.
So how the hell are blacks just doing a bit worse than the Latins?
Imagine an Africa where crackers weren't constantly sabotaging the economies of every nation.
I would wake up in my nice condo in Lagos, make breakfast with some delicious fresh local produce and spices, and have my meal on my large balcony with the hum of the city as music. I'd take my Nigeria-designed, DRC-manufactured cell phone out and plan for my upcoming trip to Luanda for a week-long music festival. Then I'd book a cabin by Lake Tanganyika for a month in the summer. I'd sit down to start my work day on my Nigeria-manufactured, Angola-designed laptop, and head into a meeting with supply chain partners in Angola, Kenya, and DRC. I'd make a mental note to stop through the "Little Louisiana" neighborhood to get some gumbo for lunch, and to remember not to miss the first match of the Nigerian Open. Later, I'd read an article about the controversy surrounding Cote D'Ivoire's use of a directed energy weapon on a European aircraft that entered their airspace without permission.
āYou gave an article from 2017, an article that was easily debunked by me... Then again, you said "Blacks are not seeing their financial status improving", something that doesn't take one google search away to debunk; are you this dense to understand that what you're saying is factually false?š¤¦š¤¦š¤¦... A projection told you that the U.S latinos will have a projected Economic impact of $114 Trillion by 2050, and you don't see the propaganda in that, don't you think?... And the funny one is you then said Blacks will be zero wealth by 2050, when it's not even hard to debunk that since 2017 that the article came out, the financial status and contribution of Black Americans has not even declined ones, but haa been improvingā
You debunked nada and you didnāt even watch the video I sent about how and why the Latino GDP will reach over 110 trillion. You couldnāt distinguish GDP and wealth. You say itās all propaganda but youāre talking out of your ass. What the guy said in the video is clear that the reason Latinos are projected to achieve said wealth is because 1. Rapid Population Growth: The Latino population in the U.S. has quadrupled since 1980, now exceeding 65 million people. This demographic expansion contributes to increased economic activity and wealth accumulation. ļæ¼ 2. Entrepreneurial Activity: Latino-owned businesses have experienced substantial growth, with a 40% increase in ownership, marking the fastest rate in 30 years. This entrepreneurial surge enhances income generation and wealth creation within the community. ļæ¼ 3. Rising Homeownership: Homeownership among Latinos has been on the rise, with real estate assets growing by 90% between 2019 and 2023. Owning property significantly contributes to wealth accumulation over time. ļæ¼ 4. Educational Attainment: Increases in educational levels among Latinos have led to better employment opportunities and higher incomes, facilitating greater wealth accumulation. 5. Youthful Demographics: With a median age of 30.7 years, the Latino population is younger than other demographic groups, positioning them to enter their prime earning years, which supports long-term wealth growth. ļæ¼ 6. Policy Support and Economic Inclusion: Government initiatives have aimed to reduce economic disparities, resulting in a 47% increase in Latino net worth between 2019 and 2022, narrowing the Latino-white wealth gap to its smallest in nearly three decades.
Meanwhile with blacks Black wealth in the U.S. is projected to hit zero by 2053 due to systemic factors like persistent income inequality, a lack of generational wealth transfer, discrimination in housing and lending, lower homeownership rates, and economic disparities that limit access to wealth-building opportunities. Without significant policy changes or community interventions, these trends could continue to erode Black wealth over time.
You also lied about the Latino vs black wealth comparison. You said it was āmarginalā
In 2023, the median household income for Hispanic (Latino) households in the United States was $65,540, while for Black households, it was $56,490. This indicates that Latino households earned approximately $9,050 more than Black households, translating to a 16% higher median income.
How is 16% marginal?
Latino GDP is close to $4 trillion where else blacks are like half of that. 50%+ is not marginal.
The financial and economic status of black Americans is nowhere Latinos is another thing I will make you admit out of this conversation. Latino households in the U.S. generally fare better than Black households in terms of debt and bankruptcies due to differences in wealth, access to credit, and financial outcomes: ā¢ Median Debt (2021): Black households: $10,000; Latino households: $12,000. ā¢ Bankruptcy Rates: Black Americans file more bankruptcies and are more likely to use Chapter 13, which is costlier and less successful (39% success rate in Black-majority areas vs. 58% in White-majority areas). ā¢ Key Reasons: ā¢ Higher Latino homeownership rates lead to better wealth accumulation. ā¢ Black households face more discriminatory lending practices and limited access to credit. ā¢ Wealth gaps: Black households have lower median wealth than Latino households, limiting financial resilience
Youāve lost your mind on top of the fact that Latino youth are far richer, more productive, hungrier for success. In 2019, the median wealth for older millennial families (born in the 1980s) showed significant racial disparities: ā¢ White families: Approximately $88,000 ā¢ Hispanic (Latino) families: Around $22,000 ā¢ Black families: About $5,000
Blacks are nowhere the Latins. The Latin demographic has far more prosperity. Itās not even close. Black Americans arenāt that young and are quite. Latino community is full of young and vibrant people whom are hungry for success. As stereotypical as it sounds, much of those Latinos are border hoppers coming from harsher, violent, unstable and undeveloped societies than the US. āI mean, i've never even seen a Latino that was delusional enough to compare their plight in the United States to that of the Black Americans, but here comes a Nigerian like myself who comes from a shithole country, and he thinks he can compare... People have always said that Nigerians can be very ignorant, your situation is making me to start to believe that.
The only group in the United States that you could say faced it as bad, maybe even worse than Black Americans did, are the Natives... And look at the state of the Natives in the country; i mean one could boil it down to they're not just that into the financial aspect of life, but it's not that hard to see that the Natives are Economically not doing so wellā
Like other demographics, Latinos care far less about historical injustices than black Americans. They just want success hence why they make like 20% of the countryās national GDP. I donāt even care to discuss who had it worse but the point is everyone had a bad time.
God, you're dumb... I lied about the Latino and Black household median difference?ššš... Bro, i didn't lie, i literally stated their different household median income, how the f*ck is that lying, or are you too stupid to comprehend?.
This is why i have concluded that you're dumb, i will give you an example... This is your own statement:
"Latino households in the U.S. generally fare better than Black households in terms of debt and bankruptcies due to differences in wealth, access to credit, and financial outcomes: ā¢ Median Debt (2021): Black households: $10,000; Latino households: $12,000. ā¢ Bankruptcy Rates: Black Americans file more bankruptcies and are more likely to use Chapter 13, which is costlier and less successful (39% success rate in Black-majority areas vs. 58% in White-majority areas). ā¢ Key Reasons: ā¢ Higher Latino homeownership rates lead to better wealth accumulation. ā¢ Black households face more discriminatory lending practices and limited access to credit. ā¢ Wealth gaps: Black households have lower median wealth than Latino households, limiting financial resilience".
Read that statement again, you are so stupid that you've been writing about the Systemic discrimination faced by Black Americans, but at the same time, choose to ignore it, this is not the 1st time you've done it either, that's why i said in an earlier comment when i first noticed it that "It seems like you're just copying and pasting articles", because you're contradicting your own comments about the systemic discrimination faced by Black Americans with other things that you've been texting... This is the same systemic issues i've been talking about how Black Americans have had it the toughest of all groups outside of the Natives, but you wholeheartedly continue denying it in so many of your comments, saying "Other groups had it just as tough"... I didn't watch your video because i didn't need to after that 2017 rubbish you sent a few weeks back, which yes, i did debunk you slowpoke; and i didn't say they were propagandas, stop putting words in people's mouth, i specifically said "I don't know the propaganda shows you've been watching, but reduce them for your own sanity".
I then showed you a blatantly double standards in the Reparations history mainly in North America, you also choose to ignore that one... It seems like you're actually dumb.
āYou gave an article from 2017, an article that was easily debunked by me... Then again, you said "Blacks are not seeing their financial status improving", something that doesn't take one google search away to debunk; are you this dense to understand that what you're saying is factually false?š¤¦š¤¦š¤¦... A projection told you that the U.S latinos will have a projected Economic impact of $114 Trillion by 2050, and you don't see the propaganda in that, don't you think?... And the funny one is you then said Blacks will be zero wealth by 2050, when it's not even hard to debunk that since 2017 that the article came out, the financial status and contribution of Black Americans has not even declined ones, but haa been improvingā
You debunked nada and you didnāt even watch the video I sent about how and why the Latino GDP will reach over 110 trillion. You couldnāt distinguish GDP and wealth. You say itās all propaganda but youāre talking out of your ass. What the guy said in the video is clear that the reason Latinos are projected to achieve said wealth is because 1. Rapid Population Growth: The Latino population in the U.S. has quadrupled since 1980, now exceeding 65 million people. This demographic expansion contributes to increased economic activity and wealth accumulation. ļæ¼ 2. Entrepreneurial Activity: Latino-owned businesses have experienced substantial growth, with a 40% increase in ownership, marking the fastest rate in 30 years. This entrepreneurial surge enhances income generation and wealth creation within the community. ļæ¼ 3. Rising Homeownership: Homeownership among Latinos has been on the rise, with real estate assets growing by 90% between 2019 and 2023. Owning property significantly contributes to wealth accumulation over time. ļæ¼ 4. Educational Attainment: Increases in educational levels among Latinos have led to better employment opportunities and higher incomes, facilitating greater wealth accumulation. 5. Youthful Demographics: With a median age of 30.7 years, the Latino population is younger than other demographic groups, positioning them to enter their prime earning years, which supports long-term wealth growth. ļæ¼ 6. Policy Support and Economic Inclusion: Government initiatives have aimed to reduce economic disparities, resulting in a 47% increase in Latino net worth between 2019 and 2022, narrowing the Latino-white wealth gap to its smallest in nearly three decades.
Meanwhile with blacks Black wealth in the U.S. is projected to hit zero by 2053 due to systemic factors like persistent income inequality, a lack of generational wealth transfer, discrimination in housing and lending, lower homeownership rates, and economic disparities that limit access to wealth-building opportunities. Without significant policy changes or community interventions, these trends could continue to erode Black wealth over time.
You also lied about the Latino vs black wealth comparison. You said it was āmarginalā
In 2023, the median household income for Hispanic (Latino) households in the United States was $65,540, while for Black households, it was $56,490. This indicates that Latino households earned approximately $9,050 more than Black households, translating to a 16% higher median income.
How is 16% marginal?
Latino GDP is close to $4 trillion where else blacks are like half of that. 50%+ is not marginal.
The financial and economic status of black Americans is nowhere Latinos is another thing I will make you admit out of this conversation. Latino households in the U.S. generally fare better than Black households in terms of debt and bankruptcies due to differences in wealth, access to credit, and financial outcomes: ā¢ Median Debt (2021): Black households: $10,000; Latino households: $12,000. ā¢ Bankruptcy Rates: Black Americans file more bankruptcies and are more likely to use Chapter 13, which is costlier and less successful (39% success rate in Black-majority areas vs. 58% in White-majority areas). ā¢ Key Reasons: ā¢ Higher Latino homeownership rates lead to better wealth accumulation. ā¢ Black households face more discriminatory lending practices and limited access to credit. ā¢ Wealth gaps: Black households have lower median wealth than Latino households, limiting financial resilience
Youāve lost your mind on top of the fact that Latino youth are far richer, more productive, hungrier for success. In 2019, the median wealth for older millennial families (born in the 1980s) showed significant racial disparities: ā¢ White families: Approximately $88,000 ā¢ Hispanic (Latino) families: Around $22,000 ā¢ Black families: About $5,000
Blacks are nowhere the Latins. The Latin demographic has far more prosperity. Itās not even close. Black Americans arenāt that young and are quite. Latino community is full of young and vibrant people whom are hungry for success. As stereotypical as it sounds, much of those Latinos are border hoppers coming from harsher, violent, unstable and undeveloped societies than the US. āI mean, i've never even seen a Latino that was delusional enough to compare their plight in the United States to that of the Black Americans, but here comes a Nigerian like myself who comes from a shithole country, and he thinks he can compare... People have always said that Nigerians can be very ignorant, your situation is making me to start to believe that.
The only group in the United States that you could say faced it as bad, maybe even worse than Black Americans did, are the Natives... And look at the state of the Natives in the country; i mean one could boil it down to they're not just that into the financial aspect of life, but it's not that hard to see that the Natives are Economically not doing so wellā
Like other demographics, Latinos care far less about historical injustices than black Americans. They just want success hence why they make like 20% of the countryās national GDP. I donāt even care to discuss who had it worse but the point is everyone had a bad time.
"Latino GDPs are like $3 Trillion, whereas Blacks are like half of that", and then you go on to say 50% is not marginal... This is why i continue saying you're stupid.
Half of $3 Trillion is $1.5 Trillion, there are approx. about 65 Million Latin Americans, and 47 Million Black Americans... This is another good example of you using statistical information without the systemic reasoning; i want you to divide that again, this time using the population differences, Latinos will definitely still have a higher per ratio, but i actually think that maths is a problem to you, that's why you always go with absolute numbers all the time.
āYou use Empirical information to back up your point?ššš... Bro, comparing a country with a per capita of $2600 and one with a per capita of $56000 is mot empirical information, it's outright delusion... The fact that India has a per capita of $2600 is actual realistic Empirical information... I never use anecdotal nonsense; i compare my Empirical information with the systemic activities of the countryā When did I ever compare US and India? All I said is that India is not a shithole.
āFact: India has one the highest population in the world at 1.4+ billion, so a nominal GDP of 3.3+ Trillion is not exceptional, nor is them having the largest National biometric ID system, or an economic growth of 5.2 if i remember you correctly, or others... A 5.2 economic growth is very good from a face value perspective, but given a stacked population like that heavily driving the economy, it's not shockingā Population is not the only factor behind a large GDP. Why is US economy larger than India and China combined when they donāt even have up to 1/6th of their population. Iām not saying India is doing well but itās certainly doing better than most countries on earth.
āThe fact is you go by empirical information alone, not introducing systemic reasons that can contribute to that empirical information; and that's delusional... So saying the Indian GDP is set to surpass that of Japan while technically correct, doesn't mean India will be set to be doing better than Japan when their GDP surpasses them, or is even close to be doing better than Japan. There has to be systemic reasoning to any empirical information, or that information becomes delusionalā
Empiricism is the best way to compare which country is objectively doing better. India is joining the club late but it will eventually reach US and China levels. If countries like India and China raised their GDP per capitas to numbers like 1/4 of a western country. Their economies would outweigh the others.
āYou've been giving projections on were India is set to be, i've been giving you the systemic reasons why that projections are like that, it doesn't change India from being a Shithole... We face similar projections in Nigeria in relation to Africa all the time, and even in the last decade, was up there in respect to the rest of the world, but only a delusional man will think those projections actually meant great progress; have you seen our population growth?ā
I canāt take you seriously comparing Africans to Asians is like comparing monkeys to humans or jungles to civilisations. What part of no successful black society exists doesnāt your mind comprehend? Africa is a lost cause. Any black society is destined to fail. Itās Hilarious you even think that African countries wouldnāt have fragmented by then. Nigeria is the next Sudan. There is absolutely no way in hell Nigeria or any African country is achieving any meaningful prosperity. Never in a trillion years. You sound so stupid how can you compare African to Asian potential? Japan on its own with way less people has a larger GDP than all of Africa combinedš whilst there is a shift in global power. That power shift is not going to Africa. Look at geopolitics experts like Zeihan. There is no way in hell Africa is pulling off what the Asian giants are expected to do.
āIn 2050, Nigeria is projected to become the 15th largest economy, surpassing a decent amount of European Nations... I'm going to ask you a question?, will Nigeria actually be economically better than those Nations?; Now, my answer is of course not, i want to hear yours... And that's why just spitting out statistical information without adding the systemic side of the region is outright delusionā
Again stop comparing black potential to Asian potential. There is -1000% probability that any African/black community on this planet will achieve any meaningful prosperity. You think there will be a Nigeria by 2050? Where else with India and other Asian giants, there is far more reason to believe that India will achieve its target of not just raising its GDP per capita but the country as a whole. India has the potential to match the economic and geopolitical power of the U.S. and China in both the short and long term due to its vast demographic dividend, rapid technological adoption, and strategic position in global trade and politics. With a population projected to surpass China and a growing middle class, India has the consumer base and workforce to drive sustained economic growth. Its emphasis on digital infrastructure, startups, and renewable energy further positions it as a future global powerhouse. Where your argument failed is you compared countries and continents of completely different calibres. I mentioned that India had surpass the UK to show their growing economic might. They are a top 5 world economy and you still come them a shithole?
And what systemic side are you on about? Youāre trying to prove me that India is a shithole. You keep on failing at every direction. African and black countries are shitholes not Asian ones. And how we define shitholes is relative. India may seem bad for Asian standards. But itās far more developed than most African countries. Indiaās HDI of 0.644 is higher than most African countries. The poorest and least developed Asian and Latin countries are better off in many cases than even the richest African ones.
āYou called India a Superpower, it's not considered a Superpower, it's considered an "Emerging Superpower", and that consideration has mainly been fueled by its high population... I will ask you this question, from an Economical perspective as an Individual, would you rather live in India or in England?; another question still from the same perspective, would you rather live in Nigeria or in Portugal?ā
India is an emerging power thatās set to rival the U.S. and China at some point. India will eventually reach Mexico, Phillipines and China kind of numbers. Your comparisons are again useless
India vs England is meaningless because what does that prove? Offcourse India is not going to be as good as a western country to live. With Nigeria vs Portugal, thatās a ridiculous comparison comparing a jungle to a civilisation. I never said India is better off than England or any western country particularly at this moment in time but eventually it will be especially in the long term future. India is going to be along with the US, China, Brazil etc as a more advanced economy. Africa on the other hand is doomed to failure. Every black society is.
You know what, i'm not even going to bother too much with this rantfilled nonsense you just wrote... I will only say one thing here, you said India was doing well, let me use you your own empirical information for you:
Fact: India is classified as a relatively Low Income country.
Fact: India has a per-capita GDP of $2600+.
Fact: India is still very multidimensionally poor.
Fact: Same nonsense you're ranting about India having an Economic growth, which is obviously mainly pushed by Population growth, this same projections were made about Nigeria in the last decade; by the way, that is what i've been trying to tell your little brain, nobody is trying to compare.
"There is -1000% probability that any African/black community on this planet will achieve any meaningful prosperity. You think there will be a Nigeria by 2050? Where else with India and other Asian giants, there is far more reason to believe that India will achieve its target of not just raising its GDP per capita but the country as a whole. India has the potential to match the economic and geopolitical power of the U.S. and China in both the short and long term due to its vast demographic dividend, rapid technological adoption, and strategic position in global trade and politics. With a population projected to surpass China and a growing middle class, India has the consumer base and workforce to drive sustained economic growth."
This dude just gave all my points in one paragraphššš. Firstly: you are definitely copying off an article, are you that dumb?; one of your last sentences says "With a Population projected to surpass China"... Dude that already happened like 3-4 years ago. Which article did you get that from?, a 2015 one?ššš.
Secondly: You just literally confirmed what i've been saying since, that the Indian economy is majorly driven by population growth, not developmental nor Industrial growth... That is the same way Nigeria's economy majorly grows, it's a complete false sense of growth, but you're too dumb to even understand that.
Thirdly: You went on all those rant for a country who has more regions wanting to secede than the ones in Nigeria, have you done any digging into that country at all... Have you read about the Khalistan movement?, the North-Eastern Movement, the Kamtapur movement?, there are so many movements that i can't even list them all... You said Nigeria will most likely not be one by 2050; buddy, India is on the very same boatššš. Do some actual fucking reading for once instead of going on rants, or watching your propaganda channels.
Fourthly: As a kinda secessionist myself, i won't even be angry at a Nigeria separationššš, you just gave me the points i wantedššš.
So all these ranting that you're ranting about India not being a Shithole, it is by all ramifications one... Now shut the Bleep up and go eat something.
And this: Dark Alliance: The CIA, the Contras, and the Crack Cocaine Explosion by Gary Webb Open Veins of Latin America: Five Centuries of the Pillage of a Continent Paperback by Eduardo Galeano American Neo-Colonialism: Its Emergence in the Philippines and Asia Paperback by William J. Pomeroy How Europe Underdeveloped Africa Paperback by Walter Rodney
Name a single successful black society. Iām waiting
Every society is successful and failed to some extent
In other words, every country has issues but every country also has people celebrating something.
But you prefer your white shit definition s of everything and ask me stupid questions based on it and expect me to answer in order to/with an intention to convince you
Your white definition of everything is useless to me
speaking