My Foresight
Whatever you see in the next 20 years to come in this country blame the bi-partisan mishandling of ASUU strike.
Let me drop some rough statistics to see what I'm thinking right now.
Almost all the people that participated including me are just waiting to graduate in order to apply for job abroad.
As I'm typing this, I received two mesaages, one is telling me to add her name in those leaving, another is telling me his lecturer in Biochemistry is leaving the country very soon.
There are some that wanted to stay and work in Nigeria despite the odds, but what changes their minds?
The government will suffer the greatest loss as it provide the facilities that trained these students. It spend so much to see these students are well trained hoping that it would benefit from their expertise. But what happen at the end? They leave.
Do you know who's one year victim? He's that person that assumed he'll graduate at the age of 30. This man is at the brink of losing his NYSC certificate. In Nigeria if you're above 30 years of age you won't go for service.
He's victim of circumstance.
This is just how our system operates, so clumsy 🤧.
Who's to be blamed? ASUU or FG, that's not for me to judge.
But I've a strong reason to leave Nigeria so far and I've a strong reason to take my children abroad if I've the means.
More from Economy
1. "ThE gReAt rEplAcEMeNt iS A cOnSpiRaCy tHEorY" https://t.co/BXdtcNxrVf
2. "ThE gReAt rEplAcEMeNt iS A cOnSpiRaCy tHEorY"
3. "ThE gReAt rEplAcEMeNt iS A cOnSpiRaCy tHEorY"
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The great replacement isn't a conspiracy theory, it is the inevitable outcome of non-stop immigration of populations whom do not wish to assimilate and have way higher birth rates than the native population... It's purely a mathematical reality.
— Angelo John Gage (@AngeloJohnGage) December 30, 2020
2. "ThE gReAt rEplAcEMeNt iS A cOnSpiRaCy tHEorY"
3. "ThE gReAt rEplAcEMeNt iS A cOnSpiRaCy tHEorY"
4. "ThE gReAt rEplAcEMeNt iS A cOnSpiRaCy tHEorY"
5. "ThE gReAt rEplAcEMeNt iS A cOnSpiRaCy tHEorY"
Does raising the minimum wage reduce the number of low-wage jobs?
No.
"We also find no evidence of disemployment when we consider higher levels of minimum wages."
https://t.co/vlgagEHeyy
Minimum wage increases reduce crime.
https://t.co/1G1clXqF9t
When you increase the minimum wage, you decrease infant mortality among poor families.
https://t.co/iwW1FDsLYG
Increasing the minimum wage improves kids' health.
https://t.co/66DLHERpOJ
The minimum wage reduces racial income inequality.
https://t.co/wkn9Ajotlx
No.
"We also find no evidence of disemployment when we consider higher levels of minimum wages."
https://t.co/vlgagEHeyy
Minimum wage increases reduce crime.
https://t.co/1G1clXqF9t
When you increase the minimum wage, you decrease infant mortality among poor families.
https://t.co/iwW1FDsLYG
Increasing the minimum wage improves kids' health.
https://t.co/66DLHERpOJ
The minimum wage reduces racial income inequality.
https://t.co/wkn9Ajotlx
Let's discuss how little you actually understand about economics and energy.
The first thing to understand is that energy is not globally fungible. Electricity decays as it leaves its point of origin; it’s expensive to transport. There is a huge excess (hydro) in many areas.
In other words, it can also be variable. It's estimated that in Sichuan there is twice as much electricity produced as is needed during the rainy season. Indeed, there is seasonality to how Bitcoin mining works. You can see here:
Bitcoin EXPORTS energy in this scenario. Fun fact, most industrial nations would steer this excess capacity towards refining aluminum by melting bauxite ore, which is very energy intensive.
You wouldn't argue that we are producing *too much* electricity from renewables, right?
"But what about the carbon footprint! ITS HUGE!"
Many previous estimates have quite faulty methods and don't take into account the actual energy sources. Is it fair to put a GHG equivalent on hydro or solar power? That would seem a bit disingenuous, no?
Well that's exactly what some have done.
The first thing to understand is that energy is not globally fungible. Electricity decays as it leaves its point of origin; it’s expensive to transport. There is a huge excess (hydro) in many areas.
Let's discuss the environmental cost of bitcoin. Because despite all the push for sustainable and green investment in the tech sector, there's a giant smoldering Chernobyl sitting at the heart of Silicon Valley which a lot of investors would prefer you remain quiet about. \U0001f9f5 (1/)
— Stephen Diehl (@smdiehl) January 17, 2021
In other words, it can also be variable. It's estimated that in Sichuan there is twice as much electricity produced as is needed during the rainy season. Indeed, there is seasonality to how Bitcoin mining works. You can see here:
Bitcoin EXPORTS energy in this scenario. Fun fact, most industrial nations would steer this excess capacity towards refining aluminum by melting bauxite ore, which is very energy intensive.
You wouldn't argue that we are producing *too much* electricity from renewables, right?
"But what about the carbon footprint! ITS HUGE!"
Many previous estimates have quite faulty methods and don't take into account the actual energy sources. Is it fair to put a GHG equivalent on hydro or solar power? That would seem a bit disingenuous, no?
Well that's exactly what some have done.