Opera News

Opera News App

Opinion: BREAK THE ECONOMIC OPPRESSION

AmazingNews
By AmazingNews | self meida writer
Published 16 days ago - 0 views

BREAK THE ECONOMIC OPPRESSION

Pakistanis keep their money in spaza trading stock (one spaza can easily have R1million in stock in the shop)

White Afrikaners keep their money in livestock on farms (100 cows are easily worth R1million and more)

Indian Muslims keep their money in clothing stock or cars they sell in dealerships (clothing shops can easily have R2million in stock and car dealerships can easily have R5million in cars)

The Chinese keep their money in stock in their stores and can easily have R2million in stock in one shop

Other groups keep their money in the stockmarket in shares in companies

Others keep their money in property

Trading stock earns profit when sold

Clothing stock earns profit when sold

Livestock breeds and earns profit when sold

Cars earn profit when sold

Shares generate dividends

Black people keep their money in banks...

...where the money earns almost nothing.

Where they pay bank charges monthly.

Most importantly:

- They cannot access their own money for business loans

- Other races have access to black savings to grow their businesses and buy the various assets I mentioned above

It may be time we reconsider this obsession with opening a black bank and instead look into "banking" our money into:

- Livestock

- Property

- Cars

- Trading stock

- Shares

Banking your money where it grows daily and generates profits for you instead of being inaccessible to your own people.

Savings vs Investments

Paper assets vs Physical assets

Profits vs Bank Charges.

Source: OPINION

Content created and supplied by: AmazingNews (via Opera News )

Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform

YOU MAY LIKE

The World Bank's report on women and economic opportunities around the world

1 hours ago

0 🔥

The World Bank's report on women and economic opportunities around the world

Hide Your SIM And BVN: Yahoo Boy Discusses How He Defrauds His Victims With Their SIM & BVN.

1 hours ago

1 🔥

Hide Your SIM And BVN: Yahoo Boy Discusses How He Defrauds His Victims With Their SIM & BVN.

"New social media rules in India could threaten free expression" critics warn

2 hours ago

1 🔥

Beware when Saving Money in Banks as Inflation May Harm Your Savings in the Long Run

3 hours ago

82 🔥

Beware when Saving Money in Banks as Inflation May Harm Your Savings in the Long Run

Master KG check bank balance

8 hours ago

70 🔥

Master KG check bank balance

Do you know that Lemon Juice Can Lighten Your Skin?

9 hours ago

36 🔥

Do you know that Lemon Juice Can Lighten Your Skin?

Is banking a good career ?

9 hours ago

0 🔥

Is banking a good career ?

Master KG swimming in cash (money).

10 hours ago

14 🔥

Master KG swimming in cash (money).

An update regarding the plans by TymeBank for 2021

11 hours ago

60 🔥

An update regarding the plans by TymeBank for 2021

Situation get tougher in Hilbrow: FOREIGNERS GET KILLED

14 hours ago

9476 🔥

Situation get tougher in Hilbrow: FOREIGNERS GET KILLED

COMMENTS