SomaliNet Forums

The stock market,inflation,economy,debt on 3rd world countries.

We muslim should eliminate this

How would muslims eliminate this`?

What is so unfair with the stock market???

Inflation? What does this have to do with religion?

^^well if u stop drinking and send your alcohol money to third world countries, that'd be a good start...

stock market is fine..i own 10,000 shares of IBM

Golobalisation is here to stay free market will exist

fukk communists

The whole idea of trade is soo biased Globe.

This inflation rate

How much are they worth?

You should try to diversify your stock portfolio. The best stocks to buy in time of economic growth is in traditional companies. IBM stocks are over valued and could come dashing.

My portfolio is very diversified. I actually dont own any IBM shares.

Optimist,

I agree there are alot of trade barriers and trade restrictions that hamper development in the third world. But, trade is not the only problem facing the third world. They need to democratze and their leaders have to give up love of power.


"Inflation" has nothing to do with unfairness. It is a consumer phenomenon based on expections.

Look at all the rich Countries. Japan is the only country thats not white.

They are controling the world.

Lately England have halted china made bra's

Optimist,

Fair trading is a utopia. Every nation has a responsibility towards its firms.

Protectionism is a feature of all nations.

Also why is chappati in england more expensive than the one in India.

Costa no communism. I think we should handle in Gold

Optimist, the reason why chapati is expensive in england than kenya/inidia is because of basic economics. It is about cost of producing it. while the indian worker earns a rupee to produce one chapati, it is 89 pence. The cost of utensils, tax etc also play a vital role.

why is the utensil cheaper.Because the whites have set up this system.

Only Japan seems to enjoy this system

"Inflation" is which makes this world so stupid, unfair and cruel. In plain words: "Inflation" is the money that you think you have when you have a lot of this money. Because you handed some money to your brother and gave some money to your mother, you think that your bank account is what you have PLUS the money that your brother and mother owes you. But hey, suddenly, if you need fresh cash, and want all your money, your mother and brother can't give you your money back. They have also problems, because some neighbour asked them for some money and they gave it to him, and this neighbour, who's really poor, is unable to give his money back to your mother and your mother can't give you your money back. That's inflation: you're counting with a money that you don't have. In the theory, all that money it's yours. But in reality, you don't have that money.

Economics have a kind of hierarchy. The most powerful lend money to the poors waiting for a great interests on the operations. If the poors, in a given moment, haven't cash, fresh cash, you can take what you want from them: houses, countries, lands, sources. "If you can't pay me back on money", the capitalists say, "you can pay me in water, in oil, in diamonds, in slaves, in Goverments".

How can a poor, who has nothing, pay back a debt but in sources? That's the trick of the Western world, the colonialism. "Don't pay me back in money, pay me back in zones, in the oportunity to be at your country. Pay me back in military strategies. Pay me back in enterprises".

That's the reason Third World is selling itself to the First World because of "inflation" (You have what you don't have). That's capitalism. Capital is the money that you think you have, giving here and that. But not the real money that you have. It's the money that, by mathematical operation, you should have. Based on the "could be", countries, enterprises, economic empires, make their operations.

And based on this, Nestlé corporation should earn millions and millions of dollars from Ethiopia. Nestlé invested some millions of dollars in Ethiopia with the base that Ethiopia would pay back its debt not in money, but in investings... So, the most poor Ethiopia is, the most rich Nestlé is. The richnesses of Ethiopia are sent to Nestlé. This is called a "transvase" of richness: all the richness of Ethiopia (lands, people, zones) are now a "zone" of Nestlé as a warrant that Ethiopia will pay its debt. As an hypoteque: "If you don't pay it on money, you'll have to leave your house, and your house will be mine".

Inflation brings here domination. And, if Ethiopia refuses to pay such as costs, which is really expensive, of course legal: you can invade Ethiopia and take with your own hands what's yours: Ethiopia.

So Ethiopia, in order to pay back its debt, decides to invade Somalia, to steal the Somalia richness and pay back, with the invassion of Somalia, its debt.

It's like someone robbering his neighbourg in ordern to pay back some debt. And neighbours start to steal neighbours... To satisfy the debt of Ethiopia.

That's how the system works: Steal money, lend it and later claim for it...

There is no racial dimension to "economics.

It is all about institutional factors (culture, religion, trust), business climate and cheer will.

Poverty in the thirld world has to do with the inability of leaders and politics.

The Japanese economy and the european economy blossomed after the second world becuase of changes to the political systems.


Africa and the middle east lagged behind because of leadership and the inability to put in place mechanisms to promote the development of people. Nepotism, tribalism, religious fundamentalism, despots, a culture of theftry contributed to our poverty.

India and china are doing well because of the political changes: receptivness to western capital and goods.

Why is africa not doing good? Because no one is willing to invest in a condition of uncertainity. Which company would invest 10 million dollars in somalia or Yemen when they know that there is corruption, nepotism and the risk of being confisticated?