Random Puntland politics discussions

[abdallah]

Man those Jeegaan qaat addict never amuse me anymore. Beside the fake news they saying in thread about using Jeegaan currency , they color areas of Somaliland zone of infulence & Somaliland security buffer zone too .

Please someone give those junkies Qaat, so they stop Spam they doing .

economically Gumeysi, from the Berbera port to the SL currency

 

[OTF]

freedom of speech is totally forbidden in buttland. Never ever criticize siad daniel even if ur an mp.

 

[SomaliMVP]

View attachment 156796
“Somali Shilling became practically worthless”

It is all Farmaajos fault. Smh

 

[codewebsduh]

Why isn't this happening in South Somalia?

 

[TabK]

Why isn't this happening in South Somalia?

Puntland has for years indulged in printing of counterfeit currency to keep their economy afloat, hence the unbelievable levels of inflation. The banknotes used in Puntland are rejected in South Somalia, who still use the old shilling.

 

[Karim]

@Abdalla @Abdisamad @sincity @Gibiin-Udug @Duchess @PuntiteQueen @DR OSMAN @Apophis

The Jeegans are laughing at this temporary issue but we should make them suffer. We have sophisticated money printing machines retired by Gaas in 2017, I think it's time we put them to a good use by printing counterfeit SL currency. Walaahi it can be done easily.

 

[repo]

@Abdalla @Abdisamad @sincity @Gibiin-Udug @Duchess @PuntiteQueen @DR OSMAN @Apophis

The Jeegans are laughing at this temporary issue but we should make them suffer. We have sophisticated money printing machines retired by Gaas in 2017, I think it's time we put them to a good use by printing counterfeit SL currency. Walaahi it can be done easily.
View attachment 156900

Dollarization is a good thing to strengthen the shilling. Inflation is partly due to the lack of shilling use. People use the mobile money instead.

In Somaliland, they are forced to use the shilling which strengthens it, even as you arrival at their one airport you will be forced to convert your dollar to the local currency. In Puntland, mobile money reigns supreme. So people are sitting on currency that is not being widely used in circulation and that has led to its devaluation.

The income of the average Somalilander is the same as an IDP in Bosaso, we are not on the same level as said in the World Bank report on poverty. This is a feel good thread but they are struggling themselves.

 

[DR OSMAN]

@sincity the reason is Isaaq is poor is due to only have $300 million yearly trade cause between them and Mogadishu it's $980 million and Isaaq is on the lesser side obviously. Their population of 2 million with $980 million to split between them and each person needs $450 a year due to their inflated prices, land is the biggest indicator of inflated prices when their paying 50k for essentially land producing $300 million a year, talk about a huge net loss investment kkkkk, who in the world pays 50k for a land in hargeisa.

The land value exceeds the whole cities production by inflation level shit. That's nearly 5000 worth of land plots is all their 'product' is worth at 50000 per land plot against 300 million product sitting on top of that land yearly. Nigga u cud buy 5000 land plots kkkkk and own 300 million of it's GDP cuz that's all its worth when u measure it against the land value. That royal palace is sitting on 5000 land plots at 2km thats larger then ISAAQ GDP

 

[Grigori Rasputin]

 

[Basra]

What can the ruler do? Its not like this is a western civilization economy with Federal reserve bank, where the president can influx money into the economy?

 

[Leeban]

This is a minor problem, to fix it they just need to in force and make sure everyone accepts the Shilling also almost all the poorest beggers in Ingi a phone with Sahal

 

[Basra]

This is a minor problem, to fix it they just need to in force and make sure everyone accepts the Shilling also almost all the poorest beggers in Ingi a phone with Sahal

and also say US dollars is NOT accepted in any business transactions except Banks.

 

[Creed]

Puntland has for years indulged in printing of counterfeit currency to keep their economy afloat, hence the unbelievable levels of inflation. The banknotes used in Puntland are rejected in South Somalia, who still use the old shilling.

Also a new shilling is expected to be coming out in the south soon, meaning those printed by Puntland will not be accepted as valid money either.

 

[Bernie Madoff]

Shops are still closed due inflation

 

[TabK]

@Abdalla @Abdisamad @sincity @Gibiin-Udug @Duchess @PuntiteQueen @DR OSMAN @Apophis

The Jeegans are laughing at this temporary issue but we should make them suffer. We have sophisticated money printing machines retired by Gaas in 2017, I think it's time we put them to a good use by printing counterfeit SL currency. Walaahi it can be done easily.
View attachment 156900

The mind of a pirate on display.

His economy already dying, his currency facing a calamitous level of depreciation (44%, 6th highest in the world!!)..

And all he thinks about is making more counterfeit money.

 

[Bernie Madoff]

This nigga is actively devaluing the local currency

Them not using the dollar so much would help curb the inflation but this moron is making things much worst for them

 

[FBIsomalia]

Shops are still closed due inflation

Government close it.

 

[Leeban]

This nigga is actively devaluing the local currency

Them not using the dollar so much would help curb the inflation but this moron is making things much worst for them

What does this solve? It seems like this just exasperates the issue

 

[codewebsduh]

Puntland has for years indulged in printing of counterfeit currency to keep their economy afloat, hence the unbelievable levels of inflation. The banknotes used in Puntland are rejected in South Somalia, who still use the old shilling.

Wait so Puntland has begun printing new banknotes? While Southern Somalia is using the one's from Siad Barre's time.

 

[codewebsduh]

This nigga is actively devaluing the local currency

Them not using the dollar so much would help curb the inflation but this moron is making things much worst for them

Isn't this to force the use of Shilling?