A
social media user named Cram Jones has analysed the future of the
popular Ponzi scheme in Nigeria with cogent predictions made.
Read the insightful piece about the highly controversial wonder bank, Mavrodi Mundial Moneybox below:
As always, I would comment on contemporary issues that affect the
Nigerian populace. All for love of Nigeria. Even though I believe that
Nigeria as it stands is close to a failed state, we can all do more
through visionary leadership to emancipate our country from the cesspit
that has gutted it.
That said, I have followed closely the MMM phenomenon since it came
to my attention, and as it is normal of my analytical mind, I have
taken time to study the trend, review historical facts, and all other
data available to me. After this review I have therefore, come to the
following conclusions on the fate of MMM.
1. For those that are hoping MMM would suddenly
resurface in January because the Nigerian planter's wife said so in a
note, are definitely setting themselves up for depression. Nothing of
such would happen. This is the deal, MMM is not an investment it is a
gamble. The money is only redistributed therefore the system would crash
when two conditions occur - something that has already taken place -
and these conditions are as follows:
-When new comers or "help providers" exceed those who want to receive "help" it sets the stage for a crash
-When those withdrawing exceed a critical amount needed to keep it
rolling regardless of the number of people joining, then the system
would crash.
I believe these two conditions have been met.
Christmas time is a time no one wants to give money, rather they want to
be helped, with the overwhelming withdrawals that far exceeded the
"help providers" the system had to be shut down, because money does not
grow on trees.
2. If MMM ever have a blinker to open, which I
doubt very much in January as stated in their later, there would be a
state of panic withdrawals, and there would be sharp decline of the new
people that would have otherwise joined. This panic withdrawals, would
lead the MMM handlers to shut it down completely and take with them
whatever is left of the system.
3. The other reason MMM had to shut down early
December is more likely than not to ensure maximum "cash outs" by the
handlers. At this time there is an all time high of money in the system
because people put in most of what they had to ensure they get good cash
for the Christmas, this high would not happen any other time of the
year, so this was the best time for the handlers to cash out big, and I
believe they already did.
Finally, the MMM phenomenon further shows the failed system of
Nigeria. This system only flourishes in this magnitude in failed
countries. It thrived in Russia during the collapse of the Soviet Union,
failed Zimbabwe, thrived in failed parts of South Africa, like Soweto.
People have lost hope in any decent labor or lack of jobs thereof. Other
are greedy and sometimes plain dumb.
Good luck to everyone "waiting" in trepidation to get help. I wish you luck. God Bless the Federal Republic of Nigeria.
Written by Cram Jones.
No need to visit Tonygists just use the android application click for more info Tonygists android application
Visit some of the website built by tonygists
1. south south penpushers : south south pen pushers
2. kingdom builders : Kingdom builders
Tonygists bro: honest zone
Are You On youtube? subscribe to Hot GIST Channel Latest Updates - @Hot Gist
Are You On youtube? subscribe to Gospel World (which is also owned by Tony Gists) youtube Channel Latest Updates - @Gospel world
Are you on audio mack? Follow Tonygists on audio mack to listen and download to the latest Mfm sermons Latest Updates - @Tonygists
Follow Tonygists on LinkedIn to get more jobs opportunities Latest Updates - @Tonygists
Are You On youtube? subscribe to Honest Ose Channel Latest Updates - @Honest Ose
Are You On youtube? subscribe to Honest Web Solutions Channel Latest Updates - @Honest Web Solutions
Are You On youtube? subscribe to Xtremely Honest Channel Latest Updates - @Xtremely Honest
Are You On Twitter? Follow Us Now For Latest Updates - @tonygists
Are You On FACEBOOK? Like Our Page For Latest Updates - tonygists
Are You On FACEBOOK? Join Our Group For Latest Updates And Interactions - TonyGists
© 2025 Tonygists | Portions are © 2025 Associated Press. All rights reserved. This material may be published, broadcast, rewritten, or distributed.
