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2019 November

Nigeria borrows….

we borrow to send our children to school we borrow to fix our roads we borrow to provide infrastructure we borrow to pay salaries we borrow to pay allowances to senators then we borrow to buy them luxury cars we borrow to put our presidential airfleet afloat and to pay landing charges when it parks...

Forget it, the Nigerian project is irredeemable

Yes. Be alarmed. That is the whole idea. I have many cogent reasons for thinking this way but the most prominent is that there is no elite consensus to make the painful sacrifices that will lunge project Nigeria forward. Every group and every individual is holding on to their own advantages and in fact looking...

ECONOMISTS ON THE RUN

(my comment – and some people will call themselves ‘economic experts’ in this economic wasteland of ours!) Paul Krugman and other mainstream trade experts are now admitting that they were wrong about globalization: It hurt American workers far more than they thought it would. Did America’s free market economists help put a protectionist demagogue in...

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