Skip to main content

HIS: The Miracle of two Great Economies.

The Miracle of two Great Economies:


Japanese and German economies are miracle economies. Each faced similar ordeal (defeated Axis powers) but have speedly grown to become the third and fourth world largest economies, respectively.

Japan beaten to a state of no-hope-again with the dropping of two atomic bombs in its commercial cities of Hiroshima and Nagasaki, destroying every standing object, grew within a space of 20 yrs, to become the 2nd largest economy in the world, until the emergence of China recently. This is attributed to Japanese characteristics, as they were known as intelligent, hard-working and humble people which enabled them to witness such speedy growth and development.

Germany on the other hand is a blessed country that have produced great men ever known in the world. The name Germany at a time became synonymous with war due to its long history of engagements with other countries in war like: the 30 yrs religious wars, First and Second world wars. It also became the theater of cold war following the end of the second world war that saw the country divided into east and west with a long wall dividing the capital Berlin. Germany remained like this until 1989 when the east and the west were reunited and the Berlin Wall demolished in 1990. It took hard work, intelligence, and humility for Germany to stand up again to speedly grow and develop to become the largest economy in europe and fourth in the world. Their strength has been transferred from fighting savage wars to production of high tech machines and football (modern european war).

Until Nigeria adopt these characteristics shall we develop and truely become the giant we claim. Oil can never make us great, rather it will set us up for downfall. We need to make use of the intelligent brains and hard-working people we have (most of whom have fled the country). We need to change the political system to make it conducive for innovation to thrive. 

Labels:

Comments

Post a Comment

Popular posts from this blog

HIS: This Day in History: 1999 – Olusegun Obasanjo takes office as President of Nigeria, the first elected and civilian head of state in Nigeria after 16 years of military rule.

 HIS: This Day in History: 1999 – Olusegun Obasanjo takes office as President of Nigeria, the first elected and civilian head of state in Nigeria after 16 years of military rule. In 1993, Sani Abacha seized power in a military coup. Openly critical of Abacha's administration, in 1995 Obasanjo was arrested and convicted of being part of a planned coup, despite protesting his innocence. While imprisoned, he became a born again Christian, with providentialism strongly influencing his subsequent worldview. He was released following Abacha's death in 1998. Entering electoral politics, Obasanjo became the PDP candidate for the 1999 presidential election, which he won comfortably. As president, he de-politicised the military and both expanded the police and mobilised the army to combat widespread ethnic, religious, and secessionist violence. He withdrew Nigeria's military from Sierra Leone and privatised various public enterprises to limit his country's spiralling debt. He was...
Post a Comment
Read more

HIS: This Day in History: 1343 – Pope Clement VI issues the papal bull Unigenitus to justify the power of the pope and the use of indulgences. Nearly 200 years later, Martin Luther would protest this.

  In the teaching of the Catholic Church, an indulgence (Latin: indulgentia, from indulgeo, 'permit') is "a way to reduce the amount of punishment one has to undergo for sins". The Catechism of the Catholic Church describes an indulgence as "a remission before God of the temporal punishment due to sins whose guilt has already been forgiven, which the faithful Christian who is duly disposed gains under certain prescribed conditions through the action of the Church which, as the minister of redemption, dispenses and applies with authority the treasury of the satisfactions of Christ and all of the saints". The recipient of an indulgence must perform an action to receive it. This is most often the saying (once, or many times) of a specified prayer, but may also include the visiting of a particular place, or the performance of specific good works. Indulgences were introduced to allow for the remission of the severe penances of the early Church and granted at the ...
Post a Comment
Read more

HIS: This Day in History: 1454 – The papal bull Romanus Pontifex awards the Kingdom of Portugal exclusive trade and colonization rights to all of Africa south of Cape Bojador.

HIS: This Day in History: 1454 – The papal bull Romanus Pontifex awards the Kingdom of Portugal exclusive trade and colonization rights to all of Africa south of Cape Bojador. Romanus Pontifex, Latin for "The Roman Pontiff", is a papal bull issued several times over the 15th century, first in 1436 by Pope Eugenius IV and again in 1455 by Pope Nicholas V to King Afonso V of Portugal. As a follow-up to the Dum Diversas, it confirmed to the Crown of Portugal dominion over all lands south of Cape Bojador in Africa. Along with encouraging the seizure of the lands of Saracen Turks and non-Christians. The bull's primary purpose was to forbid other Christian nations from infringing the King of Portugal's rights of trade and colonisation in these regions, particularly amid the Portuguese and Castilian competition for ascendancy over new lands discovered. This bull should not be confused with a September 21, 1451, bull by the same name, also written by Nicholas V, relieving th...
Post a Comment
Read more