This time Cigar is right China might take over...
but if they do. It would be the end of China adventure in Africa// Cigar us u know it Ethiopia never colonized ... this means they dont take colonization seating they will fight back .. Ethiopia will kick the Chinese out of Africa ... their imperialism adventure will end ..
now let's go back and breaking down what Ato Cigar saying and what economic hit man saying ...
for sure loan is a good thing... if u use it properly but if u waste the money as if there is no tomorrow .. u cant turn around and blame China for your own mistake... the Chinese also should never give loan with evil intention... for example if the bank give u billion dollar loan knowing your will not return back the money .. in hope that they will take ur collateral ... in this case u declare bankruptcy and the bank lose out.... the bank should have done do diligence but they did not hence they fail they have to eat their lose..... but when it come to nation to nation loan doing diligence doesn't apply they just give u unlimited loan in hope that u will fail to pay them and they will have a chance to take over your sovereignty .. this Predatory lending must end the nation should be able to declare bankruptcy and get protection from her creditors ... but the first world they dont give u this option because this Predatory lending only affect the poor and third world economy .....
My second point is :- .... It look like TPLF enjoying one last vicious kick on head at Amhara expense ... for all the trouble Amhara give them TPLF deserve to give the last vicious kick on Amhara head.... TPLF developed Ethiopia beyond any one imagination but the buda still saying evil thing about TPLF so they said okay u want to fk with me .. i will fk WITH u too ... and they the tplf did it. good for them .. THINK about it TPLF GIVE THE BUDA amhara the empire ... instead of saying thanks the buda Amhara want to arrest the TPLF royal family.. day and night they r shouting TPLF looted Ethiopia okay .. you want to arrest TPLF royal family fine by the time u done arresting the Chinese took all your property under your foot...
if Amhara and the oromo are smart they will concentrate on how to save mama Ethiopia .. TPLF get u with Booby trap... when u run your mouth they released the Booby trap and look what is happening... ቋምጠህ ነበር እነሱ በደከሙበት እጅህን አጣምረህ ልትበላ። በሙሉ የተስሩት ከእጂህ መነጠቁና ወደ ድህነት ህ መመለሰህ አይቀሬ ነው። የዛን ግዜ የትግሬዎችን ወለታ ታስታውሳለህ ያንተንም ወለታ ቢስነትም ይፀፅትሀል
here are few thing Ethiopia can do to save her salve from total take over....
Solution
1. We have ten sugar factory that was not finished and we import 300 million dollar worth of sugar instead of exporting so .. shut down everything and finished those ten factory .. it should be job number one ..
2. Hydro dam always complaining they have drought their dam was not fill Bs. so start long term vision .. if u want to get more rain u must not cut the wood for cooking how u stop this by giving people electric stove and electric እንጀራ መጋገሪያ to be paid in installment ... in old day the phone company rent u phone ... that means u dont have to buy phone ...u get it from tele.. the same way electric እንጀራ መጋገሪያ and electric stove must be no frill rental base agreement with the hydro this way the people stop cutting wood.. note here the hydro company also modernized the electric እንጀራ መጋገሪያ manufacturing method and fast and cheaper እንጀራ መጋገሪያ will be delivered
3. hydro power company must reserved 10% their income for planting tree.. why i am talking about hydro if u have hydro u have hard currency u can export hydro or sale it for industrial park to make us more dollar ... our hydro must be seen like having oil...
4. when u get fired from work the first thing u do is cut your expenses.. how u do that if u going every month to barber... u start cutting your own hair, watch tv instead of going to movie .. start eating in , instead of going out for food.. u can do so many thing to lower your cost .. the same way Ethiopia import 14 billion and export only 3 billion .. so we have great opportunity to cut our cost to live with our means
you call all importers and ask them u cant manufacture it locally.. ask this simple question .. the funny thing is we give so much incentive to exporter but we forget importer what ever the exporter does the importer take it away by importing more and more instead give tax break and free land anything that they want to manufacture locally .. i give u example how in hell Ethiopia export orange to Arab country and they send us orange juice does this make any sense .. we export oil seed and import edible oil does this make sense ... we import chicken and milk come on guys we cant do at least those two... there are 1000 item that can be manufactured in Ethiopia if u really look the import said .. and export side we should do more processing to finial goods
5. there are many inventors and business that need start up.. for example many of the farming technology improved but need support to kick of this modernization if we help the farmer to produce ten time more then the food price will come down ...
Designed in Ethiopia: Tractor by the Ministry of Innovation & Technology and Roda Engineering
6. it doesn't matter what we do if we dont control our population ታጥቦ ጭቃ ይሆንብናል ... every Ethiopia should limit their child to two ... once u have two children u must take birth control ...this policy should be encouraged but not enforced .. from time to time we must prompt having two kids is ideal all the movie start and artist and all famous people should prompt this two child's policy by living it ...
7. for economy to develop the single thing we do is build housing affordable housing .. housing that compete with የጨረቃ ቤት ... so if million workers build this housing project a lot of poor will get hosing and we create million of income earning citizen
8. another best thing Ethiopia can do is attract small business from all over the world .. if someone want to start business with five thousand dollar why would u stop him.. this is what China did .. in Ethiopia u must have 100,000 dollar or more to start business in Ethiopia ... for example the guy have skill to make tile but not 100,000 dollar if this guy come and open business we would save 100 million of dollar importing tile from outside so why prevent him starting business ... if we have one million small business the advantage is they cant just pack and go their business is their life time earning so they stay.. but if u attract billion dollar factory if small thing happens they just shut down and go ... so this sector must be investigated
9. corruption to stop corruption the simplest thing u should do is make the authority and payment balance... for example X minister importing sugar that is good corruption for him because he getting kick back from Indian and China sugar exporter .. this minister is not interesting finishing those ten sugar factory...but if we tale this minister he have 1% share on those sugar factory .. he would have finished the sugar factory fast and make this million birr
10. Dr. Abiy should stop spending money there is no tomorrow ..he should be no frill PM ... no money should be send celebrating this or that occupation... Dr. Abiy should declare we r in the mission to finished all the project that are started if any CEO doesnt follow this order he should take them out and charge them with corruption .. there should not be any excuses to finished project
11.. i could have said more put i will stop here...
About minimum wage
look this clip u will see one Amhara girl seating doing nothing the whole video.. beside that look the industrial park .. it is world class industry it is state of the art industry compere to India and even Canada and America company the Ethiopian one is very modern .. just look the flower the yellow sign tell u where to run in case of fire .. and the blue color follow tell u where to head for exit ... just look the red basket where finished goods go.. and look how the industry is clean .. and everyone sit in row... the lighting and many thing is so modern no body can አቃቂር ሊያወጣለት አይችልም
about minimum wage that is our advantage if u take out that we have nothing so how to adjust and starch the 26 dollar to last the workers a month.. very simple build worker condominium ... and food must be provided by the company this should be negotiated and also to bringing the food price down hire some farmer to farm near by to supply the industrial park this way we can have centralized eating place where all the workers come from all industrial park and eat in one place ... i can say more next time for now this is enough