Which economic model should Somalia adapt?

[grandpakhalif]

I think the Hong Kong system is most suitable because Somalis are very business orientated and dislike to much government control.

[Monk-of-Mogadishu]

There will never be government control of Somali businesses, that wasn't even the case during the socialist period. Personally I think Somalis should avoid copying any nations' economic model and continue the way they are doing, its successful beyond belief. Somalis should also begin to rely on the available resources and forge a barter economy where goods are traded for other goods rather than relying on currency that has no real value - I think Somalis should abandon the use of paper currency and only trade in gold and silver coins and bars. That way we'll never have trade deficits due to unfair trading, the US is an ugly example of this. The whole modern world economy was created by Jews and pushed by Europeans in order to manipulate markets and currencies with ease; just look at what they did to Zimbabwe. Somalis should go back to classical economic policies that are simple and easy to understand and that can never get out of hand; we live in an age where worthless paper and fake equations can crash entire nations into crippling poverty, we need to think in terms of resources and not in terms of collecting the largest sums of fake numeric digits and papers.

[yunis09]

There will never be government control of Somali businesses, that wasn't even the case during the socialist period. Personally I think Somalis should avoid copying any nations' economic model and continue the way they are doing, its successful beyond belief. Somalis should also begin to rely on the available resources and forge a barter economy where goods are traded for other goods rather than relying on currency that has no real value - I think Somalis should abandon the use of paper currency and only trade in gold and silver coins and bars. That way we'll never have trade deficits due to unfair trading, the US is an ugly example of this. The whole modern world economy was created by Jews and pushed by Europeans in order to manipulate markets and currencies with ease; just look at what they did to Zimbabwe. Somalis should go back to classical economic policies that are simple and easy to understand and that can never get out of hand; we live in an age where worthless paper and fake equations can crash entire nations into crippling poverty, we need to think in terms of resources and not in terms of collecting the largest sums of fake numeric digits and papers.

Spot on monk

[LiquidHYDROGEN]

There will never be government control of Somali businesses, that wasn't even the case during the socialist period. Personally I think Somalis should avoid copying any nations' economic model and continue the way they are doing, its successful beyond belief. Somalis should also begin to rely on the available resources and forge a barter economy where goods are traded for other goods rather than relying on currency that has no real value - I think Somalis should abandon the use of paper currency and only trade in gold and silver coins and bars. That way we'll never have trade deficits due to unfair trading, the US is an ugly example of this. The whole modern world economy was created by Jews and pushed by Europeans in order to manipulate markets and currencies with ease; just look at what they did to Zimbabwe. Somalis should go back to classical economic policies that are simple and easy to understand and that can never get out of hand; we live in an age where worthless paper and fake equations can crash entire nations into crippling poverty, we need to think in terms of resources and not in terms of collecting the largest sums of fake numeric digits and papers.

Well done. So you are capable of intelligent and coherent thought.

[abdalla11]

Free market. You won't find free market like the ones in Somalia, but i do think we need some kind of government control, to help prevent the extortion of the poor. I do agree with Monk, let's not be like the Arabs who give their natural rescources away in exchange for paper