BRICS nations agree on joint bank as West's econ. crisis deepens

newworldafro

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In the Silver Lining
:mjlol: keep stacking seeds and ammo and folding tinfoil hats breh

:patrice:

the irony is, as much as I talk about this shiit .... if it all goes down...I'm going to be SOL if the SHTF... FML ..... I got my vicarious knowledge of Walking Dead and spatterings of how to tie a knot from Boy Scouts ...... :lolbron:

Unfortunately, I'm the opposite of a prepper, opposite of Pastor Troy's "We Ready" :lupe: ....

Forget an economic collapse, we should have the basic essentials for hurricanes, electricity outage, etc.....that's not tinfoilery, that's common sense..... Boy Scouts "Be Prepared" motto is the truth...

Nonetheless...this doesn't change the fact there are some real world changing trends occurring right now ....... you can fake like you don't recognize it, cause you embarrassed to say you were wrong all this time..... :yeshrug: ... we all wrong sometime, just accept it :beli:
 
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newworldafro

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Where the World's Unsold Cars Go To Die

Submitted by Tyler Durden on 05/17/2014 21:32 -0400

Where the World's Unsold Cars Go To Die | Zero Hedge

cars%201.jpg


cars%202.jpg


nissan.jpg


cars%206.jpg

:damn: :dwillhuh:.... heard about this on an alt media radio show the other day ... I ain't know it was like this though......They were saying, these cars break down right away, and can't be sold as new even if never driven.... :wow:



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OsO

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Keep predicting the death of the dollar and be wrong at every turn brehs

most global economic indicators come to the same conclusion... that the US economy is in the midst of a severe decline, and no one is quite sure where the bottom is.

agreements like the one in the OP are the first step for foreign countries to become financially emancipated from the stranglehold of the USD. and as foreign countries become less and less dependent on the USD, the eventual decline of the USD becomes more and more inevitable. even our own government released a report in the early 2000s talking about how our current financial trajectory is unsustainable.

and some people think it has to be a wake up one day and we're in mad max beyond thunderdome status (which it could be, but not likely), when the much more plausible scenario is a gradual global disassociation with the USD through trade agreements and financial policy, ultimately leading to a significant devaluation of the dollar and an equally significant drop in the living standards of the average american. it may take a year, it may take 5 years, but the trajectory is clear.

but ignore clear global economic trends and continue to blindly follow american media outlets.... breh.
 

newworldafro

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most global economic indicators come to the same conclusion... that the US economy is in the midst of a severe decline, and no one is quite sure where the bottom is.

agreements like the one in the OP are the first step for foreign countries to become financially emancipated from the stranglehold of the USD. and as foreign countries become less and less dependent on the USD, the eventual decline of the USD becomes more and more inevitable. even our own government released a report in the early 2000s talking about how our current financial trajectory is unsustainable.

and some people think it has to be a wake up one day and we're in mad max beyond thunderdome status (which it could be, but not likely), when the much more plausible scenario is a gradual global disassociation with the USD through trade agreements and financial policy, ultimately leading to a significant devaluation of the dollar and an equally significant drop in the living standards of the average american. it may take a year, it may take 5 years, but the trajectory is clear.

but ignore clear global economic trends and continue to blindly follow american media outlets.... breh.

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joeychizzle

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:what: Breh, African countries are already under the control of the World Bank and IMF.
Which is why I'm hoping they'll join this initiative intended to counter the West favouring IMF and World Bank.
 

Marvel

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Which is why I'm hoping they'll join this initiative intended to counter the West favouring IMF and World Bank.

Yall don't get it, Africa as a whole owes more money to Esau's banks (World Bank/IMF) than they can afford to pay. The whole continent is in bondage to them because of it. You know your continent ain't shyt when you are named after an Edomite.
 

Czar

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You know your continent ain't shyt when you are named after an Edomite.

:mjlol:This guy is really dumb

Czar said:
Moreover Publius Cornelius Scipio adopted the surname Africanus from Africa, not the other way around. (For those who are slow, that means Africa was NOT named after him)

Czar said:
You mean the same Esau who was a man of color who married nothing BUT women of color? (Genesis 26:34, 28:9, 36:2-3):sas2:

This "Esau is the white man" theory is flawed on all levels.

First, If he was supposedly the first white person, how could he have created the "white race" if all he married was Hamites and Ishmaelites?


Second, if he was the first white person, his children woulda been at the very least mulatto/mixed. Factor in they woulda only had other people of color to marry, and boom. There goes that Edomites were white theory

Third, every European nation listed in the bible goes back to Japheth. For example, Japheth's son Yawan (Javan) is clearly identified with Greece. See for yourself (click)

@Marvel :sas1:
 
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Yall don't get it, Africa as a whole owes more money to Esau's banks (World Bank/IMF) than they can afford to pay. The whole continent is in bondage to them because of it. You know your continent ain't shyt when you are named after an Edomite.


I am not sure about other african countries but nigeria is one of the least indebted nations in the world. At the moment the debt to Gross Domestic Product ratio slid from about 20 per cent to 12.79 per cent of our economy after the rebasing and the majority of our debt is domestic. $62.25bn debt fails to improve Nigeria’s infrastructure

With Nigeria’s rebased GDP at $510bn, the national debt is now 12.79 per cent of the country’s Gross Domestic Product. This is of course one of the lowest in the world given that South Africa’s is 43 per cent; Brazil, 65.5 per cent; India, 67.57 per cent; and US, 106 per cent.

We only owe about 6.5 billion dollars to foreign creditors like the IMF and World Bank. Though after rebasing and a year and a half, I am not sure what our external debt to GDP ratio is presently.

https://www.imf.org/external/pubs/ft/dsa/pdf/2013/dsacr13116.pdf
2
Following the final phase of Nigeria’s Paris Club Agreement in 2006,
which led to an $18 billion reduction in Nigeria’s external debt, external public debt is projected to
total US$6.5 billion, or 2.4 percent of GDP, at end-2012.3

Approximately $5.3 billion of that total
external debt stock is multilateral debt, of which about 87 percent is owed to IDA. The breakdown
for external debt by main creditor is as follows:


2. One important limitation of this DSA is that it only applies to debt contracted at the
consolidated central government level. Data on state and local governments’ borrowing are
currently not available. While sub-national borrowing is currently limited and tightly regulated, there
2
IMF (2012), Country Report for Nigeria, 12/194.
3
Public and publicly guaranteed external debt stock increased by US$0.9 billion during the year of 2012
(from US$5.6 billion at end-2011) mostly due to infrastructure loans.
Nigeria's External Debt Stock, in millions of US dollars, end-2012
Category Balance Outstanding
Multilateral 5,267
World Bank Group
IBRD 0
IDA 4,570
IFAD 83
African Development Bank Group
ADB 32
ADF 448
EDF 103
IDB 22
Others 9
Bilateral 671
Commercail 584
Total 6,522
Source: staff estimates based on information provided by the
Debt Management Office (DMO) in Nigeria.
 
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Czar

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I am not sure about other african countries but nigeria is one of the least indebted nations in the world. At the moment the debt to Gross Domestic Product ratio slid from about 20 per cent to 12.79 per cent of our economy after the rebasing and the majority of our debt is domestic. $62.25bn debt fails to improve Nigeria’s infrastructure



We only owe about 6 billion dollars to foreign creditors like the IMF and World Bank. Though after rebasing and all that I am not sure what our external debt to GDP ratio is presently.

https://www.imf.org/external/pubs/ft/dsa/pdf/2013/dsacr13116.pdf

My dude, I hate to get in the middle of your convo, but Marvel is a "Hebrew-Israelite" troll. According to his distorted beliefs, Africans/Hamites are going to be destroyed and/or going into slavery cause God supposedly "hates them and all the other nations".

Check out my post for more info.

Why don't you tell people the truth about the c00nery you and others (LionofJudah, Disciple of the Projects, Sambo) actually promote? @Marvel

Cause the particular sect of "Hebrew Israelites" you parrot plainly believe only they can receive salvation. Whereas continental Africans or the descendants of Continental Africans can never receive salvation and are going into "slavery" along with all the other nations (including the white man). Which is amazingly stupid, since our ancestors came from West Africa.

But you're obviously too brainwashed to see that part.

I wonder how @2Quik4UHoes @Blackking @observe @Tommy Knocks @KidStranglehold and others feel about that? Since it is a fact that many of the people from the continent commonly referred to as Africa (since you love semantic arguments) joined with and became Israelites. Along with many Hebrews marrying Africans and fleeing into Africa whenever things got rough in Mesopotamia. We won't even mention the Ethiopian Eunuch of Acts 8:26-40 who accepted Jesus as lord and savior.
 
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My dude, I hate to get in the middle of your convo, but Marvel is a "Hebrew-Israelite" troll. According to his distorted beliefs, Africans are going to be destroyed and/or going into slavery cause God supposedly "hates them and all the other nations".

Check out my post for more info.

wow...

@Marvel aren't you Nigerian?
 

#1 pick

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I am just learning as much skill as I can learn and getting to group with as many talented ppl as possible. shyt fails here, I am heading home and taking nikkas with me to my house back home and create numerous business ventures for my our ppl.

I still got you coli nikkas to I die. Never forget that.
 
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