Landlord breaksdown crying after tenants vandalize his rental property for telling them to pay rent!

[Sultan keenadiid]

Guys i kid you not when i write this, western nations have discussed how to make sure barely anyone understand truly economics, or even inflations

this was designed by purpose, 95% of economist today are people with a maths degree and no economics, not even a basic one

ask a so called economist about how inflation comes about, how to solve unemployment with polices, he is clueless because he learns maths and calls it economics

governments love a population is clueless about economics because they cannot be challenged for bad polices,

Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.”​

― John Maynard Keynes, The Economic Consequences of the Peace

today that one man in a million is estimated to be 10 million, and about 100 million about monetary economics

 

[DR OSMAN]

Listen @Sultan keenadiid

Your point was that Austrian economics was “common sense”.

I said that was laughable.

If you want to argue about that, let’s do it. Laakin, I guarantee that you will lose.

It’s currently midnight in Australia, so if you want to have a debate, I would suggest holding it tomorrow.

We do need an economic posture when reviewing new businesses and if they can maximize our supply chain and have a knock on effect on the market-place to create more employment, this type of economic model needs to be paramount on Somali mind. Every investment shud be analyzed how it will trickle across the market place and the growth measured. We can't sit there and hope the market will correct itself, we r in need of smart ass and diligent economists who can measure out our growth rate and what industries that need to be targetted.

 

[DR OSMAN]

@Periplus @Sultan keenadiid notice @Dalalos_ibn_Adali the b22n marehan isn't contributing a god damn thing about what Somalia economic model should look like or what economic posture needs to be taken for the next 10-20-30 years.

This guy supports farmajo out of pure clannism and not based on any policy that he has introduced to better our nation's economic future.

 

[Sultan keenadiid]

Listen @Sultan keenadiid

Your point was that Austrian economics was “common sense”.

I said that was laughable.

If you want to argue about that, let’s do it. Laakin, I guarantee that you will lose.

It’s currently midnight in Australia, so if you want to have a debate, I would suggest holding it tomorrow.

perfect lets debate , and yes economics is common sense,

just a little perfect example, a Keynesians will say i prefer apples to oranges 4.7 Utils in a utility functions,

the f*ck does that mean, an Austrian keeps it simple and simply says i have a subject preference to oranges compared to apples

Keynesians are an off shoot of new classical economics which is a Marshallian economics school that broke from the classical (turgot, adam smith, cantillion etc)

Marshall taught keynes father and keynes himself, but only one semester for keynes

how the hell can you say i prefer apples 4.7 utility function compared to oranges?

you cannot mathematise every bloody thing,

sure there is a space for maths, example you can say 895 of people purchase from iPhone instead of Samsung thus apple controls x % of the market,

that is basic finance order l but to make subject taste mathematical, give mem a break bro

you are talking to one fo the greatest living economist, be warned sir i specially in Time Preference Theorem, literally understood by only 70-80 humans on planet earth

i breath and live this subject

lets debate, let me order a microphone from amazon so i can record voices,

we need a topic title,. and not move around, you claimed Austrian economics is obsolete in this modern world yet i want to sl** your face with how Austrians predicted the failures of the

*Philips curve

* predicted the stagflation of he 1970s when Keynesians says it will never happened

* predicted the turning off of the gold standard Bretton words in 1997 will massive increase government debit and sky rocket deficits and borrowing and slow down the economy and lower wages

* only ones to predict the 2000 stock market crash and 2008 crash using the ABCT, Austrian business cycle theory

lets agree on one topic, record our voices and debate on the merit

@DR OSMAN will be our moderator and he must be fair, though he is off the Keynesian flavour

i prefer @Ras as he has common sense and is much more open minded than our communist friend dr Osman, a man who claims socialism is a fantastic thing despite it failing over dozens of nations that they ever tried on

we have these silly clue less bloody kids in here who parrot for socialism when it has killed hundreds of millions and has failed in every nation it was tried on

go to a socialist shy hole of want, but do not become a Champagne socialist enjoying the fruits of capitalism and the free market whilst parting for a socialist economic system

NB: i use socialism and communist interchangeably because Marx believed socialism should enforced first then we will get communist afterwards, same shyt to me

 

[Sultan keenadiid]

Listen @Sultan keenadiid

Your point was that Austrian economics was “common sense”.

I said that was laughable.

If you want to argue about that, let’s do it. Laakin, I guarantee that you will lose.

It’s currently midnight in Australia, so if you want to have a debate, I would suggest holding it tomorrow.

Austrian is common sense, read my posts below

 

[Sultan keenadiid]

@Sultan keenadiid welcome back @Farjano-Walad. Your the only guy in here that is probably got a university education.

I cry when I see our military especially generals and colonels not learning from past wars, casualties, collateral damage, they even lack intelligence to gather up the enemy capability, theater experience, fighting style(urban vs conventional). I mean they don't create a first aid unit, mechanics unit in-case their vehicle needs repair, they don't read military strategies of the past and how to organize our troops to destroy 'big armoury or senior soldier capabilites' of the enemy not brag about how u killed some dude with 6 month training that can easily be resupplied.

Our economics is simply garbage, we have a president that says 'we are free market' or as gaas said 'we are open for business'. We don't have any economists that plan our market place with an economic road-map that details where we are now, where we want to be, and the gap in between in terms of skills, capital, legal systems with an action plan to address those gaps not just sit there and have 100 abdis from the diaspora open up the same boring as hotel or restaurant which essentially is the same thing. a proper economis wud ban ppl from entering an over-saturated industry and advice them of other opportunities to diversify the market place.

DR, did you know all military schools in the US, russia, israel, UK etc they teach all soldiers, every rank on day one Sun Tzu the art of war,

Machiavelli is a requirement for every British and other major powers officers since the 1500s

so is Julius Cesare and his campaigns in Gaul

also the 36 Ji, in fact Chinese kings would hide these works of centuries only preserved for his highest military and government officials like the prime minister

Chinese kings hid sun tzu and 36 Ji least he gets over thrown by a person with such cilmi

The Thirty-Six Stratagems is a Chinese essay used to illustrate a series of stratagems used in politics, war, and civil interaction. Its focus on the use of cunning and deception both on the battlefield and in court have drawn comparisons to Sun Tzu's The Art of War.

how many somali politicians have seriously read any of these works yet they want to run the country,?

its a donkey with no cilmi who wants to lead people with no cilmi, a doomed nation

this is why african and arab leaders ate so usless and brain dead due to a lack of genuine interest in how to make things better, roads, homes, society, economics etc

 

[DR OSMAN]

@Sultan keenadiid I will always stand by socialism as my philosophy for 3rd world nations. It was govt intervention and unions that lifted the west out of being a capitalist n peasant society. Thru this intervention, they automatically became middle class and home owners the bulk of the population.

Somalia being a peasant nation without strick govt controls and interventions will lead to economic abuses. I will not shift on this policy watsoever, call me a hardened socialist

 

[Periplus]

Me and @DR OSMAN live in Australia which has many amazing social programs. As much as our current government is idiotic, we have a decent legacy of social programs.

Our nation is also the only country to avoid the Great Recession and have almost three decades of uninterrupted economic growth.

This is the result of Keynesian economics.

 

[DR OSMAN]

@Sultan keenadiid you sound more like a business person then an economist when u say socialism is bad. Socialism puts in place worker rights, conditions, and minimum wages because it thinks for the whole economy and the growth of the market place. A simple business man won't like it, but an economist has to think about growth for 'every industry' not just worry about one business person agenda.

 

[Sultan keenadiid]

We do need an economic posture when reviewing new businesses and if they can maximize our supply chain and have a knock on effect on the market-place to create more employment, this type of economic model needs to be paramount on Somali mind. Every investment shud be analyzed how it will trickle across the market place and the growth measured. We can't sit there and hope the market will correct itself, we r in need of smart ass and diligent economists who can measure out our growth rate and what industries that need to be targetted.

Austrian economics who are in reality a contentions of what we call proto Austrians ( the Salamanca school of the 14th century till 1700th century in Spain which was inspired by salamcan economics thus why they banned riba etc, cantillion, the classical economists)

have all focused on the importance of the economic agent: the businessman, or entrepreneur

he takes land, labour, capital and mixes it with his hard work, he either fails or succeeds, leave it to him to deicided to focus the market wants and needs because if he fails he loses money/savings/borrowed capital etc

his job is to forecast the future and market wants and needs and risk money, but we need the state to stop screwing him with high taxes, regulations, the president telling him warya you are now forced to give your business over to my useless nephew etc

he needs to feel safe too for he is worried about his investment being robbed by the state or people using state power

 

[DR OSMAN]

@Periplus thru a pure capitalist system with no govt intervention leads to place like Somalia and the 3rd world where business ppl have 'millions of peasants' to play around with and not worry about anything beyond their bottom dollar.

That's what is essentially known as kangaroo state with only 1% of their population wealthy and 99% living near starvation. There is no country @Sultan keenadiid can point to without govt intervention in the market place that is doing well.

Govt intervention is what led to ppl in the west who lived like peasants in ghettos during the industrial age, forget owning any assets, these ppl could barely feed themselves that's how horrendous it was for the bulk of the population. GDP's is about the whole market and population, not about having 1% rich capitalist class and 99% poor, those kinda nations are considered poor and dysfunctional.

 

[Periplus]

@Periplus thru a pure capitalist system with no govt intervention leads to place like Somalia and the 3rd world where business ppl have 'millions of peasants' to play around with and not worry about anything beyond their bottom dollar.

That's what is essentially known as kangaroo state with only 1% of their population wealthy and 99% living near starvation. There is no country @Sultan keenadiid can point to without govt intervention in the market place that is doing well.

Govt intervention is what led to ppl in the west who lived like peasants in ghettos during the industrial age, forget owning any assets, these ppl could barely feed themselves that's how horrendous it was for the bulk of the population. GDP's is about the whole market and population, not about having 1% rich capitalist class and 99% poor, those kinda nations are considered poor and dysfunctional.

Exactly bro.

These people diss government intervention until new classical and supply-side economics fucks over the economy like it did in 2008.

Then they beg for government intervention.

I want to ask @Sultan keenadiid what would have happened if the government didn’t intervene after the GFC?

Where would the US or many other Western nations be?

 

[Sultan keenadiid]

Me and @DR OSMAN live in Australia which has many amazing social programs. As much as our current government is idiotic, we have a decent legacy of social programs.

Our nation is also the only country to avoid the Great Recession and have almost three decades of uninterrupted economic growth.

This is the result of Keynesian economics.

Keynesians economics took root in the 40s and 50s,

so how do you explain Australian amazing success relatively before the 1950s?

Australia is a success due to free market capitalism, private property rights etc and the prime minister can not give your business to his secret mistress or his nephew

and do not put the cart before the horse, Australia, Sweden, UK, etc were only able to create these socialist programs where they take from Paul and give it to peter only after they used free market capitalism to create successful prosperous economics then thy started to milk the cow

this is why you cannot get this in Australians and Sweden style socials welfare because African cows are too skinny to be milked, first fatten them, in other words let the entrepreneur create massive successful business and economic system, lots of jobs and increate productivity

your placing the cart before the horse

oh and Austrian economics has existed way way longer than Keynesian,

one of the founders of modern Austrian economic school was finance minister of Germany in the 1800s,

any wonder it beat the UKL to become second strongest and biggest economic after the US by 1890s


no nation can get social welfare programs with out first creating massive free market system, when they are rich they can start stealing money from the successful and use it for vote buying non sense

https://www.cato.org/policy-report/january/february-2020/swedens-lessons-america

Sweden’s Lessons for America​

Sweden was 4th largest nation on earth in 1970, forgot what made them rich , became socialist then in the 1990s went back to capitalism, when money runout

@Periplus wants to paint a perfect of a perfect health care system in down under that is shythole compared to the free market, also the free market would be cheaper and you would end up paying less tax,

socialised health care systems on treats 53% of cancers in the UK, yet the USA though its not even close to the private free market we had in the 1960s due to massive state intervention and state sanction monopolies cures 74% of cancer cases,

you would actually survive much longer if you live in the semi private market US system, then the whole socialised UK system of health care

The crisis of Australia’s healthcare system | Red Flag

The COVID-19 pandemic has put healthcare around the world in the spotlight. In Australia, it has revealed a system breaking at the seams. Our hospitals were shown to have no surge capacity to accommodate an anticipated influx of intensive care patients, no stockpiles of personal protective...

redflag.org.au

 

[DR OSMAN]

@Periplus @Sultan keenadiid keeps hammering about economic philosophy not real life demonstrations where they ever worked. When reagan introduced tax relief for businesses, he promised it wud trickle down into 'wage increases for workers and more investors joining the market'. But wat practically happened was they began to offshore their tax relief into swiss banks and offshore accounts.

So reagan philosophy of trickle down has proven to be a market failure. Till today there is no growth when business ppl are given tax relief. A logical answer why it didn't work is because 'consumption' levels didn't change in the market place, for consumption levels to change, you need to create new 'employees' not give 'pay rises' to existing workers because why would he buy 'bread twice' where-as if u have a new employee, he will buy bread, milk, food, housing, etc aand stimulate the over-all market for increased production.

 

[Sultan keenadiid]

Exactly bro.

These people diss government intervention until new classical and supply-side economics fucks over the economy like it did in 2008.

Then they beg for government intervention.

I want to ask @Sultan keenadiid what would have happened if the government didn’t intervene after the GFC?

Where would the US or many other Western nations be?

your clueless bro, the Feds fake currency creation created the 2008 recession, nothing to do with supply side economics

lets use some common sense, if supply was an issue in 2008 were were so many firms having issues selling their goods, so much over supply

also please explain how supply side economics fucked the economy? i want to actually see if you even understand what your parroting

The Federal Reserve Deserves Blame For The Financial Crisis

Boom and bust cycles are made inevitable by government distortions of price signals.

www.forbes.com

 

[Periplus]

Keynesians economics took root in the 40s and 50s,

so how do you explain Australian amazing success relatively before the 1950s?

Australia is a success due to free market capitalism, private property rights etc and the prime minister can not give your business to his secret mistress or his nephew

and do not put the cart before the horse, Australia, Sweden, UK, etc were only able to create these socialist programs where they take from Paul and give it to peter only after they used free market capitalism to create successful prosperous economics then thy started to milk the cow

this is why you cannot get this in Australians and Sweden style socials welfare because African cows are too skinny to be milked, first fatten them, in other words let the entrepreneur create massive successful business and economic system, lots of jobs and increate productivity

your placing the cart before the horse

oh and Austrian economics has existed way way longer than Keynesian,

one of the founders of modern Austrian economic school was finance minister of Germany in the 1800s,

any wonder it beat the UKL to become second strongest and biggest economic after the US by 1890s


no nation can get social welfare programs with out first creating massive free market system, when they are rich they can start stealing money from the successful and use it for vote buying non sense

Sweden’s Lessons for America​

Sweden was 4th largest nation on earth in 1970, forgot what made them rich , became socialist then in the 1990s went back to capitalism, when money runout

@Periplus wants to paint a perfect of a perfect health care system in down under that is shythole compared to the free market, also the free market would be cheaper and you would end up paying less tax,

socialised health care systems on treats 53% of cancers in the UK, yet the USA though its not even close to the private free market we had in the 1960s due to massive state intervention and state sanction monopolies cures 74% of cancer cases,

you would actually survive much longer if you live in the semi private market US system, then the whole socialised UK system of health care

The link you shared about Australia’s healthcare debunks your argument.

It literally says waiting times have been the worst since 2013.

Do you know what happened in 2013?

Our conservative government took power and has been stripping healthcare funding.

So nice try.

 

[Sultan keenadiid]

Exactly bro.

These people diss government intervention until new classical and supply-side economics fucks over the economy like it did in 2008.

Then they beg for government intervention.

I want to ask @Sultan keenadiid what would have happened if the government didn’t intervene after the GFC?

Where would the US or many other Western nations be?

cousin i am gona wash the socialist out of you and i will make you c clean free market loving person insha Allah

you seem like a good guy, i will not allow socialist to corrupt your think your very smart, i will fight tooth and nail before i let one single person get away and be taken by champagne socialist

 

[DR OSMAN]

@Periplus I think our friend here @Sultan keenadiid thinks economics is one sided and totally dependent on investors and their money and therefore he argues we need to be nice to them and be subservient. What he doesn't calculate into his philosophy is the 'consumption' level dictates where investors go, if workers who r potential customers r poor, businesses don't come, it's as simple as that. And what brings workers out of poverty and into middle class and into consumers is government interventions.

 

[Lady Whistledown]

Mashallah people dropping essays in this thread

 

[Sultan keenadiid]

The link you shared about Australia’s healthcare debunks your argument.

It literally says waiting times have been the worst since 2013.

Do you know what happened in 2013?

Our conservative government took power and has been stripping healthcare funding.

So nice try.

so? just because they are conservative does not mean they follow free market economics, if they did they would get rid of the state health monopoly

look at the conservatives of the UK, they are basically the left of the 1990s and the left has become the communist

same with the republicans, massive state intervention with trump and bush that would make FDR blush

the right has become economically socialist and the socialist has become the hard left or near communist virtually all over the world,

common on ina adeer, keep up

conservatives now support democratic interventionist policies of the 1990s and allow khaniis marriage, what is so conservatives any more?

only thing about conservatives are about today is their agreement to hate immigrants