The average annual hedge fund return according to Yale research is 13.6%.
Abacha stole $4bn.
Nigeria has "recovered" $700 million of that in 21 years.
In other words, Nigeria has only recovered < 2 years worth of interest payments on Abacha's loot.
Let that sink in.
Abacha stole $4bn.
Nigeria has "recovered" $700 million of that in 21 years.
In other words, Nigeria has only recovered < 2 years worth of interest payments on Abacha's loot.
Let that sink in.
The bankers and governments in custody of the money are going to eventually return $4bn in bits and pieces through interest payments from investing the money lol.
That's why you don't steal from your people and entrust the money to people who are smarter than you.
You're a mug.
That's why you don't steal from your people and entrust the money to people who are smarter than you.
You're a mug.
By the time they return the full amount, maybe after 30 years, that $4bn would have had at least $400bn worth of economic impact through the $1:$100 fractional reserve lending principle.
That's $400bn invested in infrastructure and R&D that keeps them ahead of us.
That's $400bn invested in infrastructure and R&D that keeps them ahead of us.
Meanwhile the idiot who gave away that desperately needed money died like a fool in the bosom of an imported sex worker, and his family cannot travel or access the stolen money.
So nobody gained anything except the Swiss.
You see why they think we are all stupid creatures?
So nobody gained anything except the Swiss.
You see why they think we are all stupid creatures?
