The Myth of Black “Buying Power"

[Poitier]

Only companies they could bankrupt are geared toward them already, like Shea Moisture, As I Am, and Cantu.
There isn't a single other major corporation that would go bankrupt or even be significantly damaged by a complete removal of Black American monetary support.

The inability of some people to grasp this is both sad and hilarious.

 

[Vonte3000]

Tulsa was an exclusive community and even still most AAs were impoverished in America.

Exclusive or not it wasn't the only prosperous black community in America

Are you saying Tulsa can't be replicated in today's climate? One black city doing well for itself is better than none and can set a precedent for other communities to follow.

 

[Poitier]

Exclusive or not it wasn't the only prosperous black community in America

Are you saying Tulsa can't be replicated in today's climate? One black city doing well for itself is better than none and can set a precedent for other communities to follow.

We have Black enclaves in the US far wealthier than Tulsa....and it accomplishes nothing for the collective.

 

[Blackout]

Tulsa was an exclusive community and even still most AAs were impoverished in America.

That was during segregation.

If replicated it would benefit us even more than back then.

Do you think the Chinese, Indian, and Japanese billionaires are made in America?
When the government is sponsoring their people's education and economic growth in America, and is creating homegrown billionaires that are allowed to purchase property and assets in the American market, the ethnic/national group will succeed.
AAs don't have a country sending us money, paying for our education or creating assets.

That just means that for us AA its gonna be harder than them yet with Black Wall Street having been done its still proof that its possible for us to build a black economy.

 

[Vonte3000]

If you're complaining about our financial system then it isn't really a race-specific problem. The whole world is suffering from the system that's put in place.

It's a system designed to create more debt:




Central banking is problematic. There needs to be an alternative to that. I don't see how it would be a good thing for a central authority to be in charge of money creation, interest rates, inflation, etc.

We need something similar to Qaddafi's Denar, a currency actually backed by something with value.

 

[Poitier]

That was during segregation.

If replicated it would benefit us even more than back then.

Please, stop quoting me. You aren't intelligent enough for this conversation.

 

[Blackout]

Please, stop quoting me. You aren't intelligent enough for this conversation.

Basically you admitting that you have no rebuttal lol.

If I lack intelligence then it would be easier for you to shut me down yet you havent.

 

[Vonte3000]

We have Black enclaves in the US far wealthier than Tulsa....and it accomplishes nothing for the collective.

So we're fukked?

I can believe our spending power isn't as great as many people say but it's our only chance

Apart from just waiting for Yeshua to return

 

[Poitier]

So we're fukked?

I can believe our spending power isn't as great as many people say but it's our only chance

Apart from just waiting for Yeshua to return

No, we have to play the game, that includes Africans getting their shyt together.

 

[Blackout]

Only companies they could bankrupt are geared toward them already, like Shea Moisture, As I Am, and Cantu.
There isn't a single other major corporation that would go bankrupt or even be significantly damaged by a complete removal of Black American monetary support.

Yet wherever black americans money goes to especially if its our own group will benefit though

That in itself will hurt white supremacy.

We have Black enclaves in the US far wealthier than Tulsa....and it accomplishes nothing for the collective.

Because the black economy is not being focused on collectively at large.

Basically untapped potential until most of us start acting like a group.

 

[Vonte3000]

No, we have to play the game, that includes Africans getting their shyt together.

If that is the case We'll be long dead before we see black people prosper

Africa will never get their shyt together, corruption is too rampant and their leaders have no incentive to while they suckle white supremacist teets

 

[MewTwo]

We need something similar to Qaddafi's Denar, a currency actually backed by something with value.

 

[Vonte3000]

I was sayin this as soon as that shyt popped off
I was an insane conspiracy theorist back then though, nikkas forgot all about the fact we only care about the Petro Dollar during this whole ordeal

 

[Birnin Zana]

A separate currency system, credit system, strong central banking, a manufacturing base, etc

In short, your own country, correct?

 

[MegaManX]

I am not a big believer in support black businesses and i am a black business owner. I believe we should support quality products and if the product is distributed by a black or a white distributor, then we should go with the black distributor.

But quality comes before anything. I will not be loyal to a subpar product.