HSM's economic advisor USC-splaining Somali economic history gets checked by Galmudug VP.

[Gubbet]

A lot of uncomfortable fidgeting 'round that table.

[GeoSeven]

Did you listen to the whole clip? The advisor is talking about "Dakhliga Fardika" or "Per Capita Income". He is correct, we made no gains in that aspect. Pet Capita income is the most accurate measure of a nations wealth. I think VP Ciid is a bit clueless talking about there being more factories etc.

[Gubbet]

Are that gentleman, Sir, because it looks like you graduated from the same USCnomics class

https://data.worldbank.org/indicator/NY ... view=chart

Somalia gdp 'per capita' in 1968: $81.2

" " in 1976: $186.3

Almost 230% growth!

If you start from 1960: $62.9

296% growth!

The HSM USCnomist was there to do a "seminar" for Galmudug State officials. Eid hadn't gone there for debate or presentation. He simply said "you are talking bullshit" using basic common sense and practical knowledge.

Between 1960 to just 1976 Somalia had almost 300% GDP per capita growth with 80% of that growth after 1969.

The point isn't Somalia doesn't have economic problems or that things were rosy, but maybe you shoud have actual experts and knowledgeable people advising policy makers rather than a tribal revisionist poisoning relevant subject matter material in solution oriented discussions?

[skywalker25]

Are that gentleman, Sir, because it looks like you graduated from the same USCnomics class

https://data.worldbank.org/indicator/NY ... view=chart

Somalia gdp 'per capita' in 1968: $81.2

" " in 1976: $186.3

Almost 230% growth!

If you start from 1960: $62.9

296% growth!

The HSM USCnomist was there to do a "seminar" for Galmudug State officials. Eid hadn't gone there for debate or presentation. He simply said "you are talking bullshit" using basic common sense and practical knowledge.

Between 1960 to just 1976 Somalia had almost 300% GDP per capita growth with 80% of that growth after 1969.

The point isn't Somalia doesn't have economic problems or that things were rosy, but maybe you shoud have actual experts and knowledgeable people advising policy makers rather than a tribal revisionist poisoning relevant subject matter material in solution oriented discussions?

Why ignore the fact its actually highest under HMS, higher than both Farmaajo and your uncle afweyne, according to the same source you posted above.

[Gubbet]

Are that gentleman, Sir, because it looks like you graduated from the same USCnomics class

https://data.worldbank.org/indicator/NY ... view=chart

Somalia gdp 'per capita' in 1968: $81.2

" " in 1976: $186.3

Almost 230% growth!

If you start from 1960: $62.9

296% growth!

The HSM USCnomist was there to do a "seminar" for Galmudug State officials. Eid hadn't gone there for debate or presentation. He simply said "you are talking bullshit" using basic common sense and practical knowledge.

Between 1960 to just 1976 Somalia had almost 300% GDP per capita growth with 80% of that growth after 1969.

The point isn't Somalia doesn't have economic problems or that things were rosy, but maybe you shoud have actual experts and knowledgeable people advising policy makers rather than a tribal revisionist poisoning relevant subject matter material in solution oriented discussions?

Why ignore the fact its actually highest under HMS, higher than both Farmaajo and your uncle afweyne, according to the same source you posted above.

Though your comparison is actually moot considering the issue is the USCnomist saying "Somalia made no gains between 1960 to 1991, I am going to take this opportunity to point out in general please apply "inflation" difference when making value comparison in such a wide timeframe.



Siad Barre's brought Somalia's GDP per capita to $186.3 in 1976.

Today's $486.8 would be $89.79.

Somalis were more well off in 1976 than they are today which nullifies the USCnomist's misinformed premise even more.

[Gubbet]

Even more ironically if Hassan Sheikh was president in 1976,

Somalia gdp 'per capita' in 1968: $81.2

Hassan Sheekh in 1976: $89.79

Only 10% growth!


Compared to Siad Barre in 1976;

Somalia gdp 'per capita' in 1968: $81.2

Siad Barre in 1976: $186.3

Almost 230% growth!

[Sbashi]

Did you listen to the whole clip? The advisor is talking about "Dakhliga Fardika" or "Per Capita Income". He is correct, we made no gains in that aspect. Pet Capita income is the most accurate measure of a nations wealth. I think VP Ciid is a bit clueless talking about there being more factories etc.

The advisor is wrong. It isn't that what he says doesn't have some truth, it's how he uses it. He's twisting the information to present a blatantly false narrative.Did you listen to what he said? He didn't make a conclusion on a single aspect he made a whole conclusion on somalia's economic state using that single narrow aspect. I mean this guy has the audacity to say that Somalia has made no economic progress and there was no economic development from 1960-1990.The sheer audacity of spewing such outrageous claims with unwavering confidence is nothing short of mind-blowing. Only a USCian has this level of indhoadheeg. Btw cali ciid had the perfect response to him and i will tell you why in a second.

Let me first explain why this reeks of intellectual dishonesty and would hold 0 weight in any serious discussion.

First of all, gdp per capita is not the only indicator of economic gains or economic development. Second of all, anyone who has studied a bit of economics knows it doesn't provide a comprehensive picture of the country's economic development. That's why you include many different indicators so your conclusion won't be misleading.

Finally, Somalia was a socialist country for a long time. per capita income is one of the best measures to see the success of a market economy. It's a market-driven economic indicator so using it for Somalia is flawed, it's also a very dishonest act. Why? Because socialist systems have different priorities, focus more non-monetary aspects and have different measures of economic success and development.
For example, access to free health, free education, owning factors of production, better distribution of income (results in lower per capita income) and building infrastructure. All indicators he conveniently left out to reach his very absurd conclusion.

So cali ciid's answer was "Hey there! I've caught on to your tactics, but sorry, this game won't work on me. Let me enlighten you with a few indicators that truly reflect economic progress and development. These indicators will expose the absolute nonsense you've been spewing."
That's why he's not clueless he knows exactly what's happening and gave the perfect answer. If anyone is clueless, it's your "advisor" but i think he's just misinforming on purpose. Thank you mudane cali ciid for keeping him in check.

Btw what he did is like claiming the USA has 0 economic development and had made 0 economic progress because they don't have universal healthcare. Those who buy into his assertions should seriously question why Somalia from 1960-1990 isn't universally taught as a textbook example of a country that experienced zero economic progress or development over a span of three decades. The only country to achieve such a feat too

[Sbashi]

Even more ironically if Hassan Sheikh was president in 1976,

Somalia gdp 'per capita' in 1968: $81.2

Hassan Sheekh in 1976: $89.79

Only 10% growth!


Compared to Siad Barre in 1976;

Somalia gdp 'per capita' in 1968: $81.2

Siad Barre in 1976: $186.3

Almost 230% growth!

[KacdoonSool]

USC economy theory = Kill the Darod occupy his mansion and bury his dead body in the garden

[original dervish]

It really saddens me to see all these other African countries rapidly developing their resources, while Somalis are stuck in the stone age.

Just look at Kenya......they don't have a 1/10 of our resources, and yet under William Ruto they're fast becoming a giant of Africa.