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Old Jun 23, 2009 , 05:38 PM   # 6 (permalink)
Default Re: Colonisation 2.0: Enter The Dragon



The Chinese have money, a lot (a lot) of people and very little natural resources. They need quite a lot of things that their money cannot buy unless they exchange it for those resources - food, minerals especially for power generation, jobs for the rural/urban dwellers, freedom of speech, clean drinking water, etc. Yes, we must note that they seem to have some control over American finances but the companies that generate these Chinese funds are largely foreign owned companies, many of them American outsources.

Nigeria has a lot of people; a lot of resources; arable land for agriculture; intellectuals; human labour - skilled and unskilled; is it me or is there something wrong with our continued reliance on MONEY MONEY MONEY - Capital is not the only necessity for a viable enterprise - there is also - land, human labour, natural resources, infrastructure, machinery etc. Once MONEY is flashed at the Nigerian economy, we lose sight of everything else - we think our problem is that we must have (not create/generate) wealth. We think we have problems because we don't have money.

America is one of the highest country debtors to international agencies. Yet it manages to dictate to other countries over anything from nuclear proliferation to democracy. Britain has little natural resources but it manages to dictate the path of the international trading system. So so some other European countries. South America has joined too. Asia, in particular China and India, are catching up with big brother Japan - adapting the international economic systems to their own internal systems. They attend all international conferences, monitor every business opportunity and then go home and act wisely - they set internal regulations to suit their development stage.

And what does the Giant of Africa do? It waits. It sits and waits for someone with money to come and do her work for her. Yes, once China gives us money, everything will be alright. Should we try to imitate these countries that have developed enough to now lend us aid? No. We should sit and wait and hand over the keys to our homes to them. Because they have money.

Yes, in Nigeria, that's all that matters. Haba, after all, na money we go chop. Money is the miracle we have been praying for - it has the hands and feet and the head to think us out of poverty. Thank God! May Allah be Praised! Roll in, China.

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