Black People can no longer cry about Racism.

[Poitier]

I was spitting that fire and brimstone

 

[I Really Mean It]

Who said investment will close the wealth gap between blacks and everyone else? All I've read in that thread from those who disagree with you is that it's smart, assuming disposal income to play with is at one's disposal, to play with crypto currency and make a few dollars before cashing out. Why is this looked upon with contempt by Yvette? Why is the idea that you must start somewhere so lost on some of you? Only the extremely naive believe even making a few million on crypto will put a dent into the economic state of the black community. But any black man or woman that builds personal wealth now possesses the leverage to share that wealth with other black black people, be it the creation of black businesses or to help the black community in other constructive ways.

 

[Black Nate Grey]

The post in this thread proved this thread's point even more.
Yvette GOING IN ON BOYCE FOR THE BITCOIN FALL !!

According to the Coli anyone who brings up the racial gap or says investment alone will not save Blacks as a collective will be told they're a broke nikka lol.

Black ppl are doomed. Guess its up to Africa...

Agreed. Unless Africa can pull off a miracle (not likely as they are getting fukked with by Asians and Indians as well), under this economic and social system, we might become a permanent underclass worldwide.

Its not looking very good for us. I'm just a pessimist though, who knows.

 

[Poitier]

But any black man or woman that builds personal wealth now possesses the leverage to share that wealth with other black black people, be it the creation of black businesses or to help the black community in other constructive ways.

Rich people don't trickle down wealth.

You need government intervention and big banking to shift collective wealth.

No one has a problem with Black people getting their chips as long as they aren't exploiting other Black people doing it.

 

[Bawon Samedi]

Who said investment will close the wealth gap between blacks and everyone else? All I've read in that thread from those who disagree with you is that it's smart, assuming disposal income to play with is at one's disposal, to play with crypto currency and make a few dollars before cashing out. Why is this looked upon with contempt by Yvette? Why is the idea that you must start somewhere so lost on some of you? Only the extremely naive believe even making a few million on crypto will put a dent into the economic state of the black community. But any black man or woman that builds personal wealth now possesses the leverage to share that wealth with other black black people, be it the creation of black businesses or to help the black community in other constructive ways.

What are you talking about. I've said many times that Yvette is not against personal wealth, what she is addressing is wealth as a collective.

And yes there were people in the thread saying investment is a must for black people to succeed and that addressing some errors for that argument meant they were a "broke nikka." Did you read the entire thread.

And Blacks been "starting somewhere." We've been doing that for hundreds of years. I'm doing it and my siblings are doing it. We've had MANY Blacks make it but we've remained in the same position as a collective because as a collective we do not have capital. And Blacks BEEN doing the bolded. Even if they do the bolded they'll just be circulating capital that is LESS than Whites and Asians. Not saying its a BAD thing, because it acts as a good bandage but its not the end all to it. There is a reason why rich blacks like Oprah only became rich through white institutions. Blacks as a group do NOT have capital generating institutions. THIS is what Yvette is addressing. NOT trying to stop someone from hustling.

There is no group on this Earth more hungry than Black people

 

[I Really Mean It]

Rich people don't trickle down wealth.

You need government intervention and big banking to shift collective wealth.

No one has a problem with Black people getting their chips as long as they aren't exploiting other Black people doing it.

Money is capital. Capital is a resource with which businesses are founded. nurtured and grown. Are you saying I can't win 10 million in the lottery, take that money, open a store in my black neighborhood, and employ currently unemployed black youths without assistance from the government and big banks? That's simply not true.

 

[Poitier]

Money is capital. Capital is a resource with which businesses are founded. nurtured and grown. Are you saying I can't win 10 million in the lottery, take that money, open store in my black neighborhood, and employ currently unemployed black youths without assistance from the government and big banks? That's simply not true.

I'm not saying what you can and cannot do......I'm saying that isn't happening out in the real world.

A bunch of menial jobs for Black folks exploiting them so you can maximize profits for your store isn't going to change the plight for the collective Black community.

You need TRILLIONS of dollars injected into the Black community of over 40 million people. The only institutions with that type of capital are government and financial institutions.

 

[I Really Mean It]

What are you talking about. I've said many times that Yvette is not against personal wealth, what she is addressing is wealth as a collective.

And yes there were people in the thread saying investment is a must for black people to succeed and that addressing some errors for that argument meant they were a "broke nikka." Did you read the entire thread.

And Blacks been "starting somewhere." We've been doing that for hundreds of years. I'm doing it and my siblings are doing it. We've had MANY Blacks make it but we've remained in the same position as a collective because as a collective we do not have capital. And Blacks BEEN doing the bolded. Even if they do the bolded they'll just be circulating capital that is LESS than Whites and Asians. Not saying its a BAD thing, because it acts as a good bandage but its not the end all to it. There is a reason why rich blacks like Oprah only became rich through white institutions. Blacks as a group do NOT have capital generating institutions. THIS is what Yvette is addressing. NOT trying to stop someone from hustling.

There is no group on this Earth more hungry than Black people

I don't necessarily disagree with you, understanding that we started and remain at the bottom. That is without dispute. But collective wealth is not possible without personal wealth, the latter being the match to ignite the former. We don't have capital generating institutions because we live in a system of white supremacy that has put roadblocks in place to obstruct any attempt at building them, be it through redlining and its hindrance of black home ownership or our inability to secure loans for small business development. But my point is, in spite of those hurdles, legal hustles like this current crypto currency wave are a way for black people to game the system and amass wealth that would otherwise be unattainable through normal channels. I think what Yvette's detractors are saying is there are ways for black people to make money, tools before us that are readily accessible if we open our minds and exert some effort, in spite of the racism that has historically crippled our mobility. This crypto movement is one such example.

 

[AndroidHero]

92 daps for that Trumpset fakkit b_low_brown. TLR is full of Trump supports.

 

[Bawon Samedi]

I don't necessarily disagree with you, understanding that we started and remain at the bottom. That is without dispute. But collective wealth is not possible without personal wealth, the latter being the match to ignite the former.

If this was the case we should have been gotten out of our hurdle. There are MANY African-American multi-millionaire and billionaires.

Just look at this list of the largest black owned businesses and their revenue.
http://taghold.com/crains-largest-black-businesses-2011.pdf


Even so the distribution of Black millionaires is less than whites.
Breakdown of U.S. millionaires by race | Statista

We don't have capital generating institutions because we live in a system of white supremacy that has put roadblocks in place to obstruct any attempt at building them, be through redlining and its hindrance of black home ownership or our inability to secure loans for small business development.

Then one should not be getting angry at Yvette because this is what she addresses. Moving on.

But my point is, in spite of those hurdles, legal hustles like this current crypto currency wave is a way for black people game the system and amass wealth that would otherwise be unattainable through normal channels. I think what Yvette's detractors are saying is there are ways for black people to make money, tools before us that are readily accessible if we open our minds and exert some effort, in spite of the racism that historically crippled our mobility. This crypto movement is one such example.

We'll see.

I opt for taking advantage of globalization.

 

[Bawon Samedi]

I'm not saying what you can and cannot do......I'm saying that isn't happening out in the real world.

A bunch of menial jobs for Black folks exploiting them so you can maximize profits for your store isn't going to change the plight for the collective Black community.

You need TRILLIONS of dollars injected into the Black community of over 40 million people. The only institutions with that type of capital are government and financial institutions.

Do you still believe looking outside of America can help with this?

Asians got their capital not from inside America but back home.

 

[Save $ not Hoes]

We'll see.

I opt for taking advantage of globalization.

Ain't that the point of cryto tho ?

Decentralization and global markets.

 

[Red Shield]

Agreed. Unless Africa can pull off a miracle (not likely as they are getting fukked with by Asians and Indians as well), under this economic and social system, we might become a permanent underclass worldwide.

Its not looking very good for us. I'm just a pessimist though, who knows.

The upcoming WW3 will give us the game changer we need.. because truthfully barring that or a miracle. We're probably toast globally

 

[Bawon Samedi]

I swear month by month this thread becomes more valid.
Boyce Watkins Loses it....

^^In that thread Boyce basically exposes himself and yet you STILL having negros defending him like he is their general. Extremely pathetic. And these cats have Malcolm X in their avis.

 

[TransJenner]

I don't wanna see anymore racial overtones in movies anymore

I don't wanna see black people as slaves anymore


Black people just need regular ass movies