by Ghassan Kadi

The economic rise of China is perhaps the best example that challenges the basic foundations of the “science” of economics and demonstrates the invalidity of many of its theories.

In the previous article (http://ooduarere.com/news-from-nigeria/world-news/fallacy-western-economics/), I expressed my views about how the West used the principles of economics as a means to impose on the rest of the world a new era of slavery. In this sequel article (which was not planned at all), I will be using the example of China to express my views about how China managed to operate and succeed outside those alleged laws and how those same Western “laws” are turning back to bite the very hand that not only fed them, but also created them.

Manufacturing is not new to China, neither is industrial innovation, and despite the many barriers that stood in the way of trading with China prior to America’s formal recognition of the Maoist Government in 1979, following Nixon’s historical visit in 1972, the Peoples Republic of China was already exporting to the international market a hoard of products. They were cheap, extremely cheap, but generally of very poor quality, especially if advanced technological skills were needed in their manufacture.

But when the retail price of an English-made wrench was $20 compared to $2 for a Chinese-made one, many Western consumers began to look the other way, knowing beforehand that the quality of the Chinese product was not going to be anything comparable to that of what is in the category of the “best of British”.

The Chinese insatiable desire to industrialize was flagged by some shrewd Western industrialists. They were totally aware that manufacturing was part-and-parcel of the Chinese psyche, and they decided to capitalize on the phenomenon.

In reality therefore, the first steps for China to ramp up its technological and industrial prowess was fueled by Western investors; and this is not a secret. The rise of China as a successful economic giant has been fed and orchestrated by Western corporate greed seeking cheap labour.

Those corporations brought home “good news”; they achieved profit, generated growth, made happy shareholders and were delighted with their performance on Wall St.

In doing so, those corporations were applying the “rules” and “laws” of economics, and they “succeeded”. What they did not foresee was that this success was going to lead to national disasters at home. Their “laws” of economics do not warn about such sequential developments, and even if they did, the CEO’s would still be blinded by their personal performances, corporate profit and not worrying about domestic unemployment and degradation of their own local and national industrial base. As a matter of fact, those CEO’s cannot still be in denial now after they have seen the demise of Western industries, but they continue to be indifferent, and they will only relocate their manufacturing base back home if and when they are given tax incentives.

And China is not like any other nation. Its high population gives it a demographic clout that no other nation possesses, and there are no “laws” and “rules” of economics that warn about this, are there?

And even though India’s population is not far behind, the psyches of the two nations, China and India, are quite different when it comes to industrialization. This statement is not to undermine India at all, because India had other avenues and challenges to contend with, and while China was focusing on developing industry, India’s educated English-speaking youth were keen on developing IT skills and became world leaders; both in quality and quantity. As a matter of fact, many key IT positions in the USA itself cannot now be filled by qualified Americans when the jobs are advertised, and employers end up recruiting Indian professionals to fill those positions.

India certainly developed a diverse range of industrial sectors throughout the nation, but let us not digress. But, when it comes to actual manufacturing and the way a nation can mass mobilize for this, nothing equals China. Many nations possess enormous potential labour power, perhaps not as much as China and India, but if we look at Egypt for example, Egypt has a very poor economy and is in a desperate situation to create employment and higher standards of living. And even though many Egyptians are highly qualified artisans, a Pharaonic heritage perhaps, the mass-production factory concept is not something that the current Egyptian culture and psyche are familiar with, not to that kind of scale.

So when China decided to capitalize on the knowledge and experience it learned from Western investors, it did not only have the human resources, but also the preparedness and determination to develop its own technology and industries at all levels; human, economic and practical. From personal experience, I recollect from a visit to Shenzhen back in 2002, how my tour guide was bragging about the rate of new factories emerging in his city; something that Westerners would be cringing about.

Add to this China’s military might. But even when Chairman Mao sent a million troops into Korea seven decades ago, armed only with rifles and a handful of rice, the whole UN so-called “Police Action” had to take notice.

So who would want to mess with a more advanced and military capable China over half a century later?

But as Chinese-made products became of better quality, and continued to be much cheaper than Western-made products, Western manufacturers were no longer able to compete.

In effect therefore, China was not only unstoppable by the West because of its demographic might, military might, cheap products of ever improving quality, but also because the West grew extremely dependent on and addicted to cheap Chinese imports.

During that same visit to China, I inadvertently met a British businessman in his fifties, someone who had lived in Hong Kong for virtually all of his life and continued to live there after the 1997 handover to China. He had a prediction; he said that China has a master plan to become the ONLY industrial nation of the world; it will compete with all other industrial nations on price, bring them to bankruptcy, factory by factory, nation by nation, and then when it becomes the sole provider of virtually all global consumable goods, it will dictate prices and bring the world down to its knees.

I did not agree with the second component of his vision back then and I don’t now, and the reason is simple. If China endeavours to be the world’s prime exporter of consumables, it will need to make sure that its clients remain affluent enough to be able to buy its products.

But the first component of his prediction is coming home. China is now already the biggest exporter of almost all manufactured commodities, and many competitors have already closed down.

It is ironic therefore, that America is imposing tariffs and sanctions on China when in fact all that China has to do is to ban exports to America for a month and America will run out of consumer goods; all the way from T-shirts to iPhones. China even manufactures some high-tech hardware used by the military, again because lazy and profit-driven giants like Lockheed have subcontracted Chinese manufacturers to produce them in order to increase profitability.

Where in the “rules” of economics do we find any rhetoric that alludes to such contingencies that are not merely profit-driven and based?

And whilst the West normally keeps its own currency high and the currencies of poorer nations low in a deliberate attempt to profiteer from cheap imports, in the case of China, this approach is backfiring. To begin with, there is no rational or economic “law” that could explain why China, the world’s second largest economy, a nation with no debt, with huge savings and exports, would have a Renminbi (Yuan) worth quarter of a USD or so. I am not necessarily talking about parity with the USD, but according to the “rules” of economics, the Yuan should be much higher. However, the low Yuan is in reality helping Chinese exporters and also flooding Western markets with cheap Chinese exports. In the case of China therefore, currency fixing and manipulation is not at all working to the benefit of the West. Had it been benefiting the West in general, America would not have to impose tariffs on Chinese goods.

If anything, the rise of China is the outcome of breaking the economic mould and not a result of being subject to its “rules” and “laws”. And if anything also, by following the “rules” of economics of growth and profitability, Western corporations have led to the demise of their own Western economies. Did their knowledge and mastery of the so-called “macroeconomics” help them? Not in the least.

So back to the subject of economics as a whole; the rise of China illustrates that even if the “rules” and “laws” of economics, immoral as they may be, are to be endorsed and accepted as the pragmatic indispensable evil, they seem to only work if nations are in total control of all aspects of the economy; including the manufacturing base, and when this fundamental base is lost, the whole economy turns into jelly.

Once again, economics is not a science. It is nothing short of a set of speculations that are designed to capitalize on the huge gap between the “haves and the have-nots” in order to keep rich rich and the poor poor. Camouflaged by glamourous descriptions, the monstrous seed of “personal enterprise” enshrined in the core of economics has sprouted, but it can no longer hide its ugly face because its fruit is ripe for the picking, it is the fruit of avarice.

Just replace the 'western' with 'Nigeria' an Economic proxy and mere geographical expression to the Anglozionist, you will get the same thing. 'The fallacy of Nigerian economics II; China Breaks the mould'

China with no debt? Tell me something

Op not making sense
China went capitalist just like America ordered
Where is the failure

MIKOLOWISKA:
Op not making sense
China went capitalist just like America ordered
Where is the failure

China has always been like this since its inception or after the communist party won the western flank or proxies.

Where do you think PPP comes from ?
A kind of advance semi communist ideology
By the way Communism is the best form of Economic policy just that no country has ever attained its full potential. Not even North Korea.

China and other countries have always had a bit or mixture of a capitalist ideology.

Capitalism is built on total corruption and can only survive in a corrupt society or eviroment. That is the worse kind of ideology anywhere. its the same ideology that stole over 2 trillion $$$ worlwide. (Sometimes I just shake head to the same crooks accusing Church rat(Nigeria) of corruption.

Socialism is far ahead of Capitalism while Communism is the best ever. The last time the Western Naija ppl ever ennjoyed anything from the gov was during the days of a socialist Awo. Since then everything has fallen apart.

It's a war zone with the capitalis ideology.

scully95:


China has always been like this since its inception or after the communist party won the western flank or proxies.

Where do you think PPP comes from ?
A kind of advance semi communist ideology

How
It's just an advanced hire purchase for infrastructure

By the way Communism is the best form of Economic policy just that no country has ever attained its full potential. Not even North Korea.

That's what they've been saying since
Knowing it can NEVER be fully potentialed cos its anti ethical to human nature
Ain't nobody give a sht boutchu but chu
Why only capitalism works

China and other countries have always had a bit or mixture of a capitalist ideology.

Nope
They killed and poshud their capitalists to Taiwan
Hong Kong and Macau(all doing fabulously well)

After 30 years of galactic failure
They finally born again sister side hugged capitalism (with massive results)
Now their reverting to socialism with the attendant failure in tow

Capitalism is built on total corruption and can only survive in a corrupt society or eviroment.

Clearly your confusing capitalism with socialism (state capture)
Capitalism is not what you think

That is the worse kind of ideology anywhere. its the same ideology that stole over 2 trillion $$$ worlwide.

As I suspected
Stealing is not capitalism
Who stole sef
Not stealing if given willingly

(Sometimes I just shake head to the same crooks accusing Church rat(Nigeria) of corruption.

Socialism is far ahead of Capitalism while Communism is the best ever.

Name 1 country where it works
1
I dare you
Watch how you will go silent

The last time the Western Naija ppl ever ennjoyed anything from the gov was during the days of a socialist Awo. Since then everything has fallen apart.

Thank goodness you said it
Free shht must be paid for somehow
Chickens of AWO coming home to roost

It's a war zone with the capitalis ideology.

better believe it and man the fvck up instead of waiting for manna from heaven

MIKOLOWISKA:


How
It's just an advanced hire purchase for infrastructure



That's what they've been saying since
Knowing it can NEVER be fully potentialed cos its anti ethical to human nature
Ain't nobody give a sht boutchu but chu
Why only capitalism works





Nope
They killed and poshud their capitalists to Taiwan
Hong Kong and Macau(all doing fabulously well)

After 30 years of galactic failure
They finally born again sister side hugged capitalism (with massive results)
Now their reverting to socialism with the attendant failure in tow






Clearly your confusing capitalism with socialism (state capture)
Capitalism is not what you think




As I suspected
Stealing is not capitalism
Who stole sef
Not stealing if given willingly



Name 1 country where it works
1
I dare you
Watch how you will go silent





Thank goodness you said it
Free shht must be paid for somehow
Chickens of AWO coming home to roost


better believe it and man the fvck up instead of waiting for manna from heaven

Gbam. You destroyed the OP argument of Socialism over Capitalism. There's no single country in the world where socialism was practised and successful. Where is USSR, Yugoslavia, East Germany and many other practioners of Socialism today. Any rational being with an ounce of brain in his head would know that Capitalism although not perfect is 1.000 times better than socialism. Once again, I have to commend you because you destroyed his argument in favor of Socialism.

Israel’s Failed Attempt to Start WWIII Is the Beginning of the End in Syria

There is one thing that Israel fears more than anything else in Syria. The loss of its ability to fly its F-16’s with impunity and hit whatever targets it wants claiming defensive measures to stop Iran, their existential enemy.

Israel finally admitted to carrying out over 200 such missions over the past 18 months, only a few of which ever made any kind of international media, recently.

And with the sneak attack on Latakia which involved using a Russian IL-20 ELINT war plane as radar cover Israel has now not only raised the stakes to an unacceptable level, it has also ensured that this may be the last such aerial assault it will ever be able to carry out.

The setup is pretty clear. Israel and France coordinated an attack on multiple targets within Syria without US involvement but with absolute US knowledge of the operation to provoke Russia into going off half-cocked by attacking the inconsequential French frigate which assisted Israel’s air attack.

Any denunciation of sinister intent by Israeli Defense Forces is hollow because if they had not intended to provoke a wider conflict they would have given Russia more than one minute to clear their planes from the area.

That would constitute an attack on a NATO member state and require a response from NATO, thereby getting the exact escalation needed to continue the war in Syria indefinitely and touch off WWIII.

This neatly bypasses any objections to a wider conflict by President Trump who would have to respond militarily to a Russian attack on a NATO ally. It also would reassert NATO’s necessity in the public dialogue, further marginalizing Trump’s attacks on it and any perceived drive of his for peace.

That this took place within the 60 days window of the mid-term elections should also not be discounted.

This attack took place just hours after Presidents Erdogan and Putin negotiated a ‘peaceful’ settlement for Idlib province by declaring a De-Militarized Zone (DMZ) 15-20 kilometers wide which everyone, including Erdogan’s pets Jabhat al-Nusra would have to abide by.

Peace was breaking out in Syria and Israel and the war-hawks in D.C. weren’t standing for that.

By conducting this attack like this Israel and the NATO crowd figured it would be a win/win for them.

If Russia strikes back at France, then NATO invokes Article 5 and they get their wider war.

If Russia doesn’t strike back Putin loses face within Russia, his popularity drops 5 points and John Bolton begins salivating at the prospect of regime change in Russia. Yes, they are that insane.

It was a neat piece of geopolitical maneuvering, almost judo-like. Russia and Syria looked to be on the verge of victory, extending themselves in a major conflict that would result in months of bad press. We were expecting a possible false-flag chemical weapons attack, cries of humanitarian crisis and all the rest of the tired virtue-signaling we can expect by US ‘diplomatic’ officials that has been all too common even under Trump.

What we got was the opposite, a carefully-crafted assault on Russian military forces wherein Russia’s vaunted air-defense systems would be blamed for its own people’s deaths and a mistaken counter-attack that justifies the “Putin is a Vile War-Monger” narrative to justify a US invasion of Syria which has been held in amber since 2013 and Putin’s skilful defusing that situation via diplomatic means.

For once, this almost looked like a well-thought out plan. Not the usual ham-fisted crudities we’ve been treated to over the last few years. But, here’s the rub.

It didn’t work.

By naming names and immediately not responding militarily during the ‘fog of war’ Russia and Putin again prove to be more skilled at this than their adversaries.

Because none of what I just outlined will come to pass. And France, Israel and the US will be the ones to lose face here. And with Israel betraying Putin’s forbearance after April’s air strikes on Damascus, he will have no choice but to upgrade Syria’s air defense systems from S-200’s to S-300’s and possibly S-400’s.

This is Israel’s worst nightmare. A situation where any aerial assault on targets within Syria would be suicide missions, puncturing the myth of the Israeli air force’s superiority and shifting the delicate balance of power in Syria decidedly against them.

This is why Prime Minister Benjamin Netanyahu worked Putin so hard over the last two years. But, this incident wipes that slate clean. This was a cynical betrayal of Putin’s trust and patience. And Israel will now pay the price for their miscalculation.

Giving Syria S-300’s does not avenge the fifteen dead Russian soldiers. Putin will have to respond to that in a more concrete way to appease the hardliners in his government and at home. His patience and seeming passivity are being pushed to their limit politically. This is, after all, a side benefit to all of this for the neoconservative and globalist hawks in D.C., Europe and Tel Aviv.

But, the real loss here for Israel will be Russia instituting a no-fly zone over western Syria. Any less response from Putin will be seized upon by and the situation will escalate from here. So, Putin has to deploy S-300’s here. And once that happens, the real solution to Syria begins in earnest.

Because at that point it will be the US’s move to flat-out invade without provocation, now that a solution is in place in Syria between Russia and a NATO member, Turkey.

The only good news in all of this is that US forces were not involved. This still tells me that Trump and Mattis are still in charge of their chain of command and that other forces are conspiring to drag them into a conflict no one in their right minds wants.

Source: https://www.strategic-culture.org/news/2018/09/19/israel-failed-attempt-start-wwiii-beginning-end-syria.html

The iFUKUSA (Israel, France, UK & USA) dread peace in Syria. From de-escalation to almost WW3 in just 2 hours.

This article explains how Vladimirovich Putin is smarter than any of the Anglo-Zionist leaders. If anyone, but Putin, were the President of Russia, we would all be glowing in nuclear ashes by now.

[quote author=Zoharariel post=71411484][b]I.

It didn’t work.

@ ZOHARARIEL,the situation in Syria is a very dicey one because reasonable minds understand that IFUKUSA are trying to bait Russia into an all out war and if she fallls for it then the reason NATO and some other few countries are up against her becomes tenable,and this will ultimately signal the end of all living things in Mother Earth ,while on one hand Putin is trying not to make or take any irrational decision that could wreck the whole world a lot but on the other hand the quartet of IFUKUSA re being reckless as they keep inching and baying for more troubles with Russia,and every time an attack is carried out by their agents/them and Russia doesn't respond appropriately they might term it 'weakness..

In their delusion IFUKUSA thought Russia was going to come hard on Turkey for shooting down her jet Bt they were disappointed with the peaceful manner Russia went about the whole thing,and in the very recent one involving Israel which to their surprises she still or hasn't responded significantly in the manner that the normal Russia we know would...

And as far as Russia keeps playing the game of not responding appropriately to these threats the 'trouble makers ' quartet would keep egging one another into having a direct confrontation with Russia which I am hoping doesn't come anytime soon because they re trying to stymie Russia's effort at wanting to be involved with any of the nuclear power nations since we all know what the result would be,this is no time to play Russian roulette by those crazies so they had better watch it bxos when u box a bear into a cul de sac the bear will have no option than to fight back ferociously and in such a state things could go down south and this is major downside to the game IFUKUSA are trying to lure Russia into or better still they re feeling they already have Russia in a catch 22 situation Bt while they are at it they also mustn't forget the most important of the rules of warfare and which is; "never march on Russia and don't wake or poke a sleeping bear"...

MIKOLOWISKA:

How
It's just an advanced hire purchase for infrastructure

Nah, it's not hire purchase: I see it as an advance kind of socialism Why ? because you have Publick private partnership. This is a combo or those with capital, the masses and government where each party is checking on each other to get a project done. Why did i think this is a form of adavance socialism or a Semi-communism. Reason is because Communism is a gradual state of renouncing the the central goverment. Here there is no central goverment. Everyone brings something to the table. Even though PPP is still far from the real Communism.

MIKOLOWISKA:

That's what they've been saying since
Knowing it can NEVER be fully potentialed cos its anti ethical to human nature
Ain't nobody give a sht boutchu but chu
Why only capitalism works

That is a fact, it's not what has been potentiated. In a complete communist society, everyone brings something to the table. It's a populist society where almost everything is free and it last longer as compared to a capitalist system where they believe everything should not be free claiming it will help the middle class. The fact is, there is almost no middle class, what you have is the rich and the poor. And the extremely 1% controlling slaves 99%. That is completely unfair and unjust system and it only thrives in a total corruption of power. Now this is a fact and yes capitalism died in 2008 'recession'.

MIKOLOWISKA:

Nope
They killed and poshud their capitalists to Taiwan
Hong Kong and Macau(all doing fabulously well)


After 30 years of galactic failure
They finally born again sister side hugged capitalism (with massive results)
Now their reverting to socialism with the attendant failure in tow

No, they did not push it to Taiwan as you may think, the idea of Taiwan was just a case of leasing a part of your country to let it thrive on different ideas. China did not kill its capitalism, it used to have and as always been a part of it just that they do not control the power as the anglozionist setting would want it to be. The reason i suspect for leasing of Taiwan to a different ideal to thrive is nothing but wise one.

MIKOLOWISKA:

Clearly your confusing capitalism with socialism (state capture)
Capitalism is not what you think

No, I am not confusing it with Socialism lai lai. Socialism is far ahead and far better than the dead capitalism and I will tell you why bellow.

MIKOLOWISKA:

As I suspected
Stealing is not capitalism
Who stole sef
Not stealing if given willingly

Without boring you with too much deep details. Capitalism died in 2008. Yes, the world saw how over $2 trillion was stolen from investors worldwide via the U.S financial Capitalist ideology which has since affected many countries, the PIGS. Portugal,Italy, Greece and Spain.
2 Trillion was tolen by selling of fake CDO(Derivates) and in the end U.S the master mind never proscecuted any of the perpetraitors. Iceland was the only country that procecuted the Bankstars and what happend back to them ? Those bankstars were sent to jail in 2016. The same year Panama papers fought back the Iceland gov..

Now in the entire history of any Economic ideology. There is never any of such stealing in history of humanity. That is known as Stealing. Thieves. And as such Capitalism only thrives on total corruption of power and stealing. Here, the thieves for sure make more money while the victims loss their lifetime saving. You want to compare that to a Socialist state where human index is on the high level ? Na, you cant. It would be like comparing BTC to mere ponzi scheme TBC or MMM. Now that is how the currenct capitalist financial system works. It's like MMM. A pure ponzi pyramid scheme stealing more from the poor while the bankstars re turning celebrity.

MIKOLOWISKA:

Name 1 country where it works
1
I dare you
Watch how you will go silent

IRAN, NORTH KOREA

It's a known fact that even after many sanctions since 3 decades, Iran continue to function as a state. Do you know why ? Because of Socialism practised in Iran. They are more self sufficient and this can only happen in a socialist state. Forget the Currency war. Iran compare to Nigeria is 100% better in everything you can ever imagine. Roads, Infrastructure, even UN confirm Iran has the highest human index what does this mean it means it has the highest human development in the whole world. You will only get this in a socialist state.

Now let me burst your head finally. Do you know that one of my far inlaw gave me a baker made in North Korea. This baker was made during the USSR days, about 50 years and the baker is still working as we speak.

Now that is a Comunist ideaology for you. Now compare that to greed capitalist who already want me to change that baker after 2 years claiming this will help middle class. Lies upon lies. The reality is the poor continue to get poor while the rich continue to be rich..

I dont want to change my laptop, TV or what have you after 2 years because of greed. I only want to change it when I am tired or just want something else or upgrade but not when it forces me to do so. They made sure anything you re buying in Capitalist system last for only a short period of time. This is nothing but greed.

MIKOLOWISKA:

Thank goodness you said it
Free shht must be paid for somehow
Chickens of AWO coming home to roost

I am not sure you got what I was saying there correctly. I said the only time the South West Nigeria or the Yoruba ppl or even the totality of Nigeria ever enjoyed anything was during the days of a socialist goverment Awolowo. That was the only time things went smoothly. When they saw it was thriving, the same anglozionist forces made sure they stopped this and what have you today ? Massive suffering, low development, low production and again you have bankstars turning to celebrity. Even one of them wanted to contest for presidency last time. I shake head. Capitalism is has failed humanity. This you have it in Nigeria as we speak.

MIKOLOWISKA:

better believe it and man the fvck up instead of waiting for manna from heaven

Capitalism thrives again on complete lies at maximum level. The rulling class in China today does not believe in any god/God. Reason is because this is another twisted tools used by capitalist greed anglozionist bankstars to try to control the people or make them believe in one superstition or religion.

These are facts above, i would challenge you to tell me something different if you have any and back it with facts but not mere hearsay. Then i will give you even full download of the total corruption of power part of capitalism and how it can only survive in total war zone or in state of war.
Capitalism has failed and you see it right there, in Nigeria. Total failure and corruption because of the capitalist ideology but make no mistake, the corruption in Nigeria is only a church rat type as compared to the neo-liberal capitalist ideology.

but how can Nigeria break the mould

scully95:

Nah, it's not hire purchase:

yeah it is
build operate transfer
Reverse hire purchase

I see it as an advance kind of socialism Why ? because you have Publick private partnership. This is a combo or those with capital, the masses and government where each party is checking on each other to get a project done. Why did i think this is a form of adavance socialism or a Semi-communism. Reason is because Communism is a gradual state of renouncing the the central goverment. Here there is no central goverment. Everyone brings something to the table. Even though PPP is still far from the real Communism.

Ppp is capitalism o with socialist control

[/b]

That is a fact, it's not what has been potentiated. In a complete communist society, everyone brings something to the table.

No such thing
Will always be free riders
capitalism deals with them effectively

It's a populist society where almost everything is free

Nothing is truly free
Ask Venezuela

and it last longer as compared to a capitalist system where they believe everything should not be free claiming it will help the middle class.

Only capitalist countries have middle class

The fact is, there is almost no middle class, what you have is the rich and the poor.

Yes there is in western world
none in Socialist Nigeria

And the extremely 1% controlling slaves 99%.

The 99% are not slaves
They accept negotiated wages
Not forced labour
they like control cos they too lazy to work hard so they end up doing hard work
penny wise pound foolish

That is completely unfair and unjust system

How is rewarding hard work unfair and punishing laziness unjust

and it only thrives in a total corruption of power.

Corruption only in socialism

Now this is a fact and yes capitalism died in 2008 'recession'.




No, they did not push it to Taiwan as you may think, the idea of Taiwan was just a case of leasing a part of your country to let it thrive on different ideas. China did not kill its capitalism, it used to have and as always been a part of it just that they do not control the power as the anglozionist setting would want it to be. The reason i suspect for leasing of Taiwan to a different ideal to thrive is nothing but wise one.

Haaaa BROS
Go do your research properly o
Taiwan was not leased
They are in state of war
Opelope USA

No, I am not confusing it with Socialism lai lai. Socialism is far ahead and far better than the dead capitalism and I will tell you why bellow.

Again where has socialism EVER succeeded
EVER
better don't allow all these nutty professors deceive you
you have eyes
check north korea
Venezuela
Zimbabwe
Vietnam
China before communism
Russia

Empirical evidence

Without boring you with too much deep details. Capitalism died in 2008. Yes, the world saw how over $2 trillion was stolen from investors worldwide via the U.S financial Capitalist ideology which has since affected many countries, the PIGS. Portugal,Italy, Greece and Spain.

Who stole
was it not Obama socialist policies that caused it and is loading another two or three bubbles

2 Trillion was tolen by selling of fake CDO(Derivates) and in the end U.S the master mind never proscecuted any of the perpetraitors.

Socialism result

Iceland was the only country that procecuted the Bankstars and what happend back to them ? Those bankstars were sent to jail in 2016. The same year Panama papers fought back the Iceland gov..

Now in the entire history of any Economic ideology. There is never any of such stealing in history of humanity. That is known as Stealing. Thieves. And as such Capitalism only thrives on total corruption of power and stealing. Here, the thieves for sure make more money while the victims loss their lifetime saving. You want to compare that to a Socialist state where human index is on the high level ?

Name the places with high level socialism o
na so so rhetoric

Na, you cant. It would be like comparing BTC to mere ponzi scheme TBC or MMM. Now that is how the currenct capitalist financial system works. It's like MMM. A pure ponzi pyramid scheme stealing more from the poor while the bankstars re turning celebrity.



How did they steal
Do you define stealing properly
Or just being sentimental



IRAN, NORTH KOREA

It's a known fact that even after many sanctions since 3 decades, Iran continue to function as a state. Do you know why ? Because of Socialism practised in Iran. They are more self sufficient and this can only happen in a socialist state. Forget the Currency war. Iran compare to Nigeria is 100% better in everything you can ever imagine. Roads, Infrastructure, even UN confirm Iran has the highest human index what does this mean it means it has the highest human development in the whole world. You will only get this in a socialist state.

Link abeg

Now let me burst your head finally. Do you know that one of my far inlaw gave me a baker made in North Korea. This baker was made during the USSR days, about 50 years and the baker is still working as we speak.

It's working fine
is it competitive?

Now that is a Comunist ideaology for you. Now compare that to greed capitalist who already want me to change that baker after 2 years claiming this will help middle class.

They don't force you
You can make your own and see who will buy it
why is the world not rushing Korean bakers?
Be honest wit yourself

Lies upon lies. The reality is the poor continue to get poor while the rich continue to be rich..

You mean rich get rich
But poor also richer as a result
before only kings had books
now even Africans have paper
before only vsat could access internet, now everyone can with mobile phone

Compare with dark ages of kings on horseback and arrow and bow

I dont want to change my laptop, TV or what have you after 2 years because of greed.

Then buy strong one
Dem boku

I only want to change it when I am tired or just want something else or upgrade but not when it forces me to do so. They made sure anything you re buying in Capitalist system last for only a short period of time. This is nothing but greed.

Does Toyota and Honda last or not
Which do you think sells more compared to American cars
capitalism is choice
socialism is by force

I am not sure you got what I was saying there correctly. I said the only time the South West Nigeria or the Yoruba ppl or even the totality of Nigeria ever enjoyed anything was during the days of a socialist goverment Awolowo.

I got you
Free education abi
Where is it today
Unsustainable
Money has to come from somewhere
Not from lazy ppl that are used to free stuff

That was the only time things went smoothly. When they saw it was thriving, the same anglozionist forces made sure they stopped this and what have you today ? Massive suffering, low development, low production and again you have bankstars turning to celebrity. Even one of them wanted to contest for presidency last time. I shake head. Capitalism is has failed humanity. This you have it in Nigeria as we speak.

It's not compulsory to take loans o
Not bankers fault you financially illiterate and want what you cannot afford

Capitalism thrives again on complete lies at maximum level.

Clearly you don't know what capitalism is

The rulling class in China today does not believe in any god/God. Reason is because this is another twisted tools used by capitalist greed anglozionist bankstars to try to control the people or make them believe in one superstition or religion.

These are facts above, i would challenge you to tell me something different if you have any and back it with facts but not mere hearsay.

All capitalist countries have high standard of living
all socialist have low standards
Check World Bank scores

Then i will give you even full download of the total corruption of power part of capitalism and how it can only survive in total war zone or in state of war.

Pls do

Capitalism has failed and you see it right there, in Nigeria.

Capitalism succeeds in Nigeria where govt allows it
It is the socialist part of Nigeria (anything to do with govt i.e. Nepa, ports, Rail, security, courts, land use, mineral rights, petroleum, airways, public education,public healthcare) that Has failed

Total failure and corruption because of the capitalist ideology but make no mistake, the corruption in Nigeria is only a church rat type as compared to the neo-liberal capitalist ideology.

corruption is not capitalism

[s]

MIKOLOWISKA:


yeah it is
build operate transfer
Reverse hire purchase




Ppp is capitalism o with socialist control





No such thing
Will always be free riders
capitalism deals with them effectively



Nothing is truly free
Ask Venezuela




Only capitalist countries have middle class




Yes there is in western world
none in Socialist Nigeria





The 99% are not slaves
They accept negotiated wages
Not forced labour
they like control cos they too lazy to work hard so they end up doing hard work
penny wise pound foolish




How is rewarding hard work unfair and punishing laziness unjust



Corruption only in socialism





Haaaa BROS
Go do your research properly o
Taiwan was not leased
They are in state of war
Opelope USA




Again where has socialism EVER succeeded
EVER
better don't allow all these nutty professors deceive you
you have eyes
check north korea
Venezuela
Zimbabwe
Vietnam
China before communism
Russia

Empirical evidence




Who stole
was it not Obama socialist policies that caused it and is loading another two or three bubbles




Socialism result




Name the places with high level socialism o
na so so rhetoric




Link abeg




It's working fine
is it competitive?





They don't force you
You can make your own and see who will buy it
why is the world not rushing Korean bakers?
Be honest wit yourself




You mean rich get rich
But poor also richer as a result
before only kings had books
now even Africans have paper
before only vsat could access internet, now everyone can with mobile phone

Compare with dark ages of kings on horseback and arrow and bow




Then buy strong one
Dem boku




Does Toyota and Honda last or not
Which do you think sells more compared to American cars
capitalism is choice
socialism is by force




I got you
Free education abi
Where is it today
Unsustainable
Money has to come from somewhere
Not from lazy ppl that are used to free stuff



It's not compulsory to take loans o
Not bankers fault you financially illiterate and want what you cannot afford





Clearly you don't know what capitalism is



All capitalist countries have high standard of living
all socialist have low standards
Check World Bank scores




Pls do





Capitalism succeeds in Nigeria where govt allows it
It is the socialist part of Nigeria (anything to do with govt i.e. Nepa, ports, Rail, security, courts, land use, mineral rights, petroleum, airways, public education,public healthcare) that Has failed


corruption is not capitalism

[/s]

I really got no much time to answer someone that has no real info of what has been happening arround the world or what he or she is saying. Get updated first, you got zero point and could not counter everything I wrote above with facts.

Capitalism again thrives on total corruption of power and corruption in all levels of goverment and the -corporation. It's the system for the kabals and by the Kabals. The extremely rich 1% (If you have not heard of this then you should not comment again for backing failed capitalist system). By the way another crash is coming soon, just gear up.

You have it right there in Nigeria failed.

In the same Nigeria you have interest rate 30%. Bank got deregulated and then what happened ? The industries died or moved out and now Nigeria produces about 5% of what it consumes and you know what, in the next 10 years, half of that 5% will be produced by Dangote.

How can you even make any profit. Take for example a Catfish farmer in the eastern Nigeria. Where 70% of investment goes to buying feeds and only have 30% left as ROI if all things being equal. Now if that Farmer is paying the banks 30% how can such farmer continue to grow ?



No that is the kind of failed system you got right there. All the points I have written above are still valid ok. Capitalism is a puppetry system or let me call it a dollar system or petrol dollar system. The total ideology is base of manipulation at all levels and that is corruption right there. Over Prinnting of $$$ and then using hybride warfare to drag an artifical demand for mere printed paper ? Why did the same corrupt govement bailed the banks ? With what Money ?? Mere Printed paper. Again mere printed paper. A situation where more debts means wealth and less debt means you are poor is nothing but a fake and virtual system and fraudulent system.



Thereby keeping in control who can be rich. Again it's a system for the Kabals and by the Kabals. When you are poor, you wont be able to fight back. When you are a salary earner, you ar next to a begar on the street. This is part of the ideology and the reason it has thrive for this long. It has died already, yes in 2008.

I chose Iran and North Korea as the main countries where Socialism is practiced and very well successful. Both countries beat Nigeria 100% by any measure ok.

I dont need to continue this cos you have little or no info about what you are talking about. You need to learn more.
Capitalism is dead already and it died in 2008.

scully95:
[s][/s]

I really got no much time to answer someone that has no real info of what has been happening arround the world or what he or she is saying. Get updated first, you got zero point and could not counter everything I wrote above with facts.

Which fact did you provide
you're the one not updated

Capitalism again thrives on total corruption of power and corruption in all levels of goverment and the -corporation. It's the system for the kabals and by the Kabals. The extremely rich 1% (If you have not heard of this then you should not comment again for backing failed capitalist system).

Getting rich and capitalism not same thing
If you don't know what capitalism is then stfu

By the way another crash is coming soon, just gear up.

Of course
As it should

You have it right there in Nigeria failed.

We don't have capitalism in Nigeria

In the same Nigeria you have interest rate 30%

More demand than supply of money

. Bank got deregulated and then what happened ?

We got more banks

The industries died or moved out and now Nigeria produces about 5% of what it consumes and you know what, in the next 10 years, half of that 5% will be produced by Dangote.

All caused by socialism

How can you even make any profit. Take for example a Catfish farmer in the eastern Nigeria. Where 70% of investment goes to buying feeds and only have 30% left as ROI if all things being equal. Now if that Farmer is paying the banks 30% how can such farmer continue to grow ?

Only a stupid farmer will borrow money without doing feasibility studies

No that is the kind of failed system you got right there. All the points I have written above are still valid ok.

Not if you're talking about capitalism
I doubt you know what it is

Capitalism is a puppetry system or let me call it a dollar system or petrol dollar system.

SMH at your ignorance

The total ideology is base of manipulation at all levels and that is corruption right there. Over Prinnting of $$$ and then using hybride warfare to drag an artifical demand for mere printed paper ?

Printing dollars is not capitalism
And the market will correct when the crash comes

Why did the same corrupt govement bailed the banks ?

socialism
not capitalism

With what Money ?? Mere Printed paper. Again mere printed paper. A situation where more debts means wealth and less debt means you are poor is nothing but a fake and virtual system and fraudulent system.



Thereby keeping in control who can be rich. Again it's a system for the Kabals and by the Kabals.

Cabal is not capitalism
It's socialism

When you are poor, you wont be able to fight back.

Says who
Only lazy ppl accept defeat

When you are a salary earner, you ar next to a begar on the street.

Then why remain a salary earner
I'm socialism everyone earns salary
in capitalism you have a choice
just say you're too dogmatic to choose

This is part of the ideology and the reason it has thrive for this long. It has died already, yes in 2008.

I chose Iran and North Korea as the main countries where Socialism is practiced and very well successful.

So hunger is successful
I see
No need to reply you again

Both countries beat Nigeria 100% by any measure ok.

I dont need to continue this cos you have little or no info about what you are talking about. You need to learn more.
Capitalism is dead already and it died in 2008.

get visa to North Korea sharp sharp

[s]

MIKOLOWISKA:


Which fact did you provide
you're the one not updated




Getting rich and capitalism not same thing
If you don't know what capitalism is then stfu




Of course
As it should



We don't have capitalism in Nigeria






More demand than supply of money




We got more banks




All caused by socialism



Only a stupid farmer will borrow money without doing feasibility studies





Not if you're talking about capitalism
I doubt you know what it is





SMH at your ignorance




Printing dollars is not capitalism
And the market will correct when the crash comes





socialism
not capitalism




Cabal is not capitalism
It's socialism



Says who
Only lazy ppl accept defeat





Then why remain a salary earner
I'm socialism everyone earns salary
in capitalism you have a choice
just say you're too dogmatic to choose




So hunger is successful
I see
No need to reply you again


get visa to North Korea sharp sharp

[/s]

Increase your IQ first of all, I don't have the nerves anymore plus this will be my last reply.

ALl the banks in Nigeria are runned by private bodies with the exception of Firstbank that was nationalized by the central goverment.
Nigeria practises capitalism as its main Economic ideology(One of the main reason you have a failed system) get that stink into you brain cells first. If you dont have 'capital' in Nigeria, there is nothing you can do. You cannot have access to any private whatever, land, human resources and what have you..

Even as that being said, there are still elements of socialism in the same system. The same thing you will find anywhere else. Even the same thing I said up there about China. The same thing in the same leader of the anglozionist empire, U.S.A ok.

You will find a bit of Capitalism and Socialim in both..

Countries llike Iran and North Korea is where you will hardly see Capitalism at all ok. get this stinks and get learned for once.

This will be my last reply by the way.

Conclusion again, Capitalism is built on total corruption. it's nothing but pure ponzi pyramid scheme that can only survive in one world order, having a financial hegemony which then dictates the tunes to the rest bellow.
Slavery = Capitalism
Socialism = Real human development, fair and just system.

Did you say hunger is killing Iranians ?

OMG Delete the propagand in your brains first ok.

Let me just give you an idea of what Iran is.



I will share food here.

Examples of food prices in Tehran
Freshly squeezed juice at street vendor 0,08 - 0,11 USD = 3 000 - 4 000 IRR
Hot dog 0,53 USD = 20 000 IRR
Slice of pizza 0,66 USD = 25 000 IRR
Whole roast chicken 1,1 USD = 40 000 IRR
Hookah 0,79 - 1,06 USD = 30 000 - 40 000 IRR
Have lunch in a cafe for two persons costs 1,9 - 2,6 USD = 70 000 - 100 000 IRR
Dinner together in a restaurant in Tehran costs 6,6 - 7,9 USD = 250 000 - 300 000 IRR
Kilogram of fruit 0,32 - 0,40 USD = 12 000 - 15 000 IRR

How much is whole Roasted Chicken in Nigeria ? 1000 is the amount you wll get for spent chicken in Nigeria and roasted. That is 1000/360 = 2.77 USD... In Iran you have it for Whole roast chicken 1,1 USD = 40 000 IRR

In U.S with the hyper inflation in the over printed Dollar.. The same full roasted Chieck is 4.7USD..

Now tell me how has more food and at a cheaper rate ?
Inflation rate in iran is 10%.

I wont reply you again like I said. Your IQ is too low and full of propaganda. U need to delete your dead braincells.

scully95:
[s][/s]

Increase your IQ first of all, I don't have the nerves anymore plus this will be my last reply.

Insult me one more time
I dare you

ALl the banks in Nigeria are runned by private bodies with the exception of Firstbank that was nationalized by the central goverment.
Nigeria practises capitalism as its main Economic ideology

SMH
Nepa
Railways
solid minerals
Waterways
Land use
All pillars of economy controlled by.....
Govt (socialism)
Get your facts right and don't be a propaganda slut

(One of the main reason you have a failed system) get that stink into you brain cells first.

[/quote]
Capitalism working just fine
it is only the govt controlled parts that have failed

Second warning
Next insult will not be tolerated
learn how to talk in public
not my fault you losing debate

[quote] If you dont have 'capital' in Nigeria, there is nothing you can do.

there IS NOTHING YOU lazy yoot CAN DO
plenty that I and others who are willing can do

You cannot have access to any private whatever, land, human resources and what have you..

Yes you can
just say you don't know

Even as that being said, there are still elements of socialism in the same system. The same thing you will find anywhere else. Even the same thing I said up there about China. The same thing in the same leader of the anglozionist empire, U.S.A ok.

You will find a bit of Capitalism and Socialim in both..

no
you find more of one than the other

Countries llike Iran and North Korea is where you will hardly see Capitalism at all ok. get this stinks and get learned for once.

how many ppl do you peed applying for Iran or North Korea visa

This will be my last reply by the way.

Who gives a sht

Conclusion again, Capitalism is built on total corruption.

You mean socialism
Corruption doesn't exist in capitalism

it's nothing but pure ponzi pyramid scheme that can only survive in one world order, having a financial hegemony which then dictates the tunes to the rest bellow.
Slavery = Capitalism

Forced labour not equal to choice of work Mr man

Socialism = Real human development, fair and just system.

Give 1 example

Did you say hunger is killing Iranians ?

I didn'
you did

OMG Delete the propagand in your brains first ok.

Do you have a brain

Let me just give you an idea of what Iran is.



I will share food here.

Examples of food prices in Tehran
Freshly squeezed juice at street vendor 0,08 - 0,11 USD = 3 000 - 4 000 IRR
Hot dog 0,53 USD = 20 000 IRR
Slice of pizza 0,66 USD = 25 000 IRR
Whole roast chicken 1,1 USD = 40 000 IRR
Hookah 0,79 - 1,06 USD = 30 000 - 40 000 IRR
Have lunch in a cafe for two persons costs 1,9 - 2,6 USD = 70 000 - 100 000 IRR
Dinner together in a restaurant in Tehran costs 6,6 - 7,9 USD = 250 000 - 300 000 IRR
Kilogram of fruit 0,32 - 0,40 USD = 12 000 - 15 000 IRR

How much is whole Roasted Chicken in Nigeria ? 1000 is the amount you wll get for spent chicken in Nigeria and roasted. That is 1000/360 = 2.77 USD... In Iran you have it for Whole roast chicken 1,1 USD = 40 000 IRR

In U.S with the hyper inflation in the over printed Dollar.. The same full roasted Chieck is 4.7USD..

Now tell me how has more food and at a cheaper rate ?
Inflation rate in iran is 10%.

how many can afford the food
Iranians look well-fed
in America obesity is worrying them
Better stop smoking whatever is touching your brain

I wont reply you again like I said. Your IQ is too low and full of propaganda. U need to delete your dead braincells.

your fathers IQ is low
and you inherited it

And the winner is SOCIALISM

Even the Capitalism U.S claimed it's doing is SOCIALISM. Why did they bail the Banks in U.S? That is SOCIALISM. That kind of Socialism is only for the Co-operation. Is that what is called Capitalism ? Socialism for the RICH, yes ?