Ling Ling spills the tea

[BaileyPark31]

SO DOES ANYONE HERE WANT TO START A COLI SUSU?

THERES ENOUGH PEOPLE ON HERE THAT WE COULD PAY OUT EVERY MONTH.

Examples:

100 PEOPLE X $1000 BUCKS A MONTH = 100K A MONTH to split

Or

100 PEOPLE X $100 A MONTH = 10K a month to split maybe 4x a year.

WHAT YALL THINK.

 

[BaileyPark31]

It's one thing if her advice was valid(it isn't), but it's another thing to try to shame people with advice when you sell sex.

Report: Dreams Deferred - Institute for Policy Studies

That broad trying to shame us to do group economics, when over a 1/3 of black people have no wealth. That number doesn't even specify ADOS, if you exclude immigrants from black wealth numbers, then the amount is way more dismal. Darity's "Color of Wealth" illustrated that in Boston; Miami, and LA.

The Median Net Worth of Black Bostonians Is Lower Than the Cost of Lunch

What "group economics" can ADOS do when more than 1/3 are wealthless, and our wealth levels are as low as $8(Boston) and $11(Miami)? Again this is the advice, this stripper is trying to shame AA into doing, she is suggesting us to do shyt that is not feasible when you look at our wealth data.

Then don't do it. / thread.

But anyone that can should look into it.

 

[3rdWorld]

I remember way back in NY someone telling me that he does home visits to sell insurance or some shyt, cant remember what.

What he said that struck me was that youd find in the hood, a family living together where everyone is grown but not married so still living with moms etc..everyone working a decent job, some earning up to 80 a year but they aren't investing in the place etc, basically just crashing there. He said it was a common problem he saw and quite sad. We are frivolous

 

[The Fade]

Its really not alot of money and the main barrier to pooling that much money together is cultural not financial.

You dont even need to whole community to do it, you can start with your family. If we didnt kick our kids out as soon as they hit 18, we could have a whole house of working adults to contribute to saving money. 10k wouldn't be hard to hit under those circumstances, but our culture dictates that everyone should only lookout for themselves.

Doing susu with ya mom, dad and siblings under one roof shyt

And if ya extended family certified

 

[Deuterion]

Their homelands are probably piss poor and dead broke without the opportunities that the U.S. provides.

If AAs moved to another country, we'd do it outta necessity, but there's nothing stopping us from doing it here other than jealousy at another black person becoming more successful that you.

We laugh at how Mexicans will live 10-20 people deep under one roof, but half of them are adults contributing to bills. We laugh at the shyt, but they'll own that house one day then move on to buying another house.

African American culture dictates that you are on your own the minute you turn 18, these immigrants dont have that mentality.

More self-hating nonsense. Look at all the non-white people that come to the USA...chances are their homelands and/or regions are being destabilized by a European/White power and since they [non-white person] can't stop selling each other out for White trinkets, their whole nation ends up being exploited. We've seen this in Africa, Asia, Caribbean, Central and South America...it's global. But instead of rising up and fighting it, many of these people flee to another land, typically the land of their oppressor e.g. why Britain has a lot of Indians and Jamaicans and why the USA has a lot of Central and South Americans and etc.

The lack of cohesion you blame us for is the same lack of cohesion these immigrants have in their own homelands. What I'm saying is that we need to stop looking at these immigrants as some special group that gets it and we don't, that's not the truth. They stick together out of short-term survival in a foreign land, their predicament is NOT the same as ours. Do we need to work together? Absolutely, but this talk of these immigrants being some genius is bullshyt. If these immigrants got the same treatment we got in the USA, they wouldn't have their own economies, stores, etc because White people would have burned all the shops down and hung them all from trees.

We are smarter and stronger than these immigrants which is why the FBI and CIA has a magnifying glass on any and all of our movements.

 

[5n0man]

Doing susu with ya mom, dad and siblings under one roof shyt

And if ya extended family certified

We act like this is some impossible task but its actually pretty damn realistic without it even being some community effort.

How many of us would be better off if we stayed at home instead of leaving to try and make it on our own at 18?

How much would it help both ourselves and our parents? How much better of a position would our parents been in if they practiced this with their parents?

Me and my wife aren't 6 cert gang at all and work pretty middling jobs, but we still managed to save up more than 10k in a year living in California and that's just an emergency fund separate from our savings account which has close to 10k already.

Thats not a large amount of money at all, hell some of these mf get close to 10k every year in tax refunds.

 

[poundedyam]

not just asians, lot of Nigerians, Somalians, Kenyans practice this as well

i think caribbeans do this as well.
im naija and one of my relatives tried to explain this to me but i just dont see the point

 

[Kilgore Trout]

It’s not just asians it’s more like anyone not ADOS

 

[5n0man]

More self-hating nonsense. Look at all the non-white people that come to the USA...chances are their homelands and/or regions are being destabilized by a European/White power and since they [non-white person] can't stop selling each other out for White trinkets, their whole nation ends up being exploited. We've seen this in Africa, Asia, Caribbean, Central and South America...it's global. But instead of rising up and fighting it, many of these people flee to another land, typically the land of their oppressor e.g. why Britain has a lot of Indians and Jamaicans and why the USA has a lot of Central and South Americans and etc.

I never spoke on how they are living in their home country and quite frankly, I dont give a fukk.

The lack of cohesion you blame us for is the same lack of cohesion these immigrants have in their own homelands. What I'm saying is that we need to stop looking at these immigrants as some special group that gets it and we don't, that's not the truth. They stick together out of short-term survival in a foreign land, their predicament is NOT the same as ours. Do we need to work together? Absolutely, but this talk of these immigrants being some genius is bullshyt. If these immigrants got the same treatment we got in the USA, they wouldn't have their own economies, stores, etc because White people would have burned all the shops down and hung them all from trees.

I dont give a shyt about the reasons why they do it, the fact is they do and they find success in doing it. So much so that they're actively surpassing us because of it.

Our ancestors gave their lives to make sure we could live in times where that type of treatment would never happen to us again. The days of cacs marching throughout the streets burning down black property should be gone, we no longer have reason to fear them and quite frankly that's where the "gangstas" SHOULD step up and play their part. I see this in California, let someone do something malicious to a Mexican business and all these cholos would suddenly feel a sense of pride and obligation to protect their community.

The two biggest obstacles a black business will ever face are white supremacy and lack of support from the black community. What I hear from you is excuses.

 

[Johnny Kilroy]

This sounds very misleading. She's not telling how or where each person gets the 10k, that's important.

It's my understanding that they drop 10K every 6 months. It's not hard to get a 10k loan. Credit is very important. Once you have a business rolling it's easy to come up with that 10k next go round.

Yep a bunch of black folks getting 10K putting it into a cash pot makes cacs highly suspicious and then they call the cops and do everything in their power to sabotage you...

How dare you negroes do group economics!!! we have to give a call the IRS to do a full audit to make sure that money isnt drug money just because...

So what are you saying? We shouldn't even try?

It’s group economics, not hard to practice. Trying finding your “group” though...

We have a group, our group just lacks unity and leadership.

 

[Originalman]

Nothing new. Caribbean people do the same concept all the time. It's called Sue Sue money. I'm sure I didn't spell it right. African Americans are too busy trying to outdo each other, so it will never happen as whole.

African americans do a form of this, but not as structured and not on the same level as foreigners. Take any corporate kats (who got side hustles) or some kats with a small business and you will have dudes who put their money together to start a business. The black kats I know that own a dealership did this. Hell even dope boys do this shyt all the time and etc.

The key is not enough african americans are doing this today. And we don't do it on the levels we once did (our parents, grandparents and great grandparents generation).

Also foreigners do this because they usually come from countries where getting loans are few and far between. Where as in america getting credit is easy as shyt. So they are already use to this type of group economics. Hell I would argue foreigners even practice group economics in their house holds (cousins, aunts, uncles, grandparents, parents all living in the same home).

For example when I was working in mexico some mexicans would do this to get a car. Or just save up cash to buy one. The reason for this is that in mexico they done give car loans to folks like in america. A dealership may ask for 40 to 50 percent down and for the buyer to pay off the car in 2 years.

Think if these type of rules were involved here in america. shyt many folks would be doing su sus to get expensive items.

 

[Monoblock]

It’s group economics, not hard to practice. Trying finding your “group” though...

Pretty much. No secret formula to it.

 

[Deuterion]

I never spoke on how they are living in their home country and quite frankly, I dont give a fukk.

I dont give a shyt about the reasons why they do it, the fact is they do and they find success in doing it. So much so that they're actively surpassing us because of it.

Our ancestors gave their lives to make sure we could live in times where that type of treatment would never happen to us again. The days of cacs marching throughout the streets burning down black property should be gone, we no longer have reason to fear them and quite frankly that's where the "gangstas" SHOULD step up and play their part. I see this in California, let someone do something malicious to a Mexican business and all these cholos would suddenly feel a sense of pride and obligation to protect their community.

The two biggest obstacles a black business will ever face are white supremacy and lack of support from the black community. What I hear from you is excuses.

I'm not saying we don't need to stick together. We need to band together and practice group economics which we have done before but don't denigrate us for not doing what others groups of humans don't do. When you don't know the sickness, you cant prescribe the medicine. We need to galvanize a group of people in their own homeland, the land where they are comfortable...it's much different conversation then galvanizing a group of people in a foreign land. I'm not making excuses...my goal is to make sure we understand the issue so we can address it correctly.

 

[GoFlipAPack]

This sounds very misleading. She's not telling how or where each person gets the 10k, that's important.

Regular 9 to 5 maybe? Hustling? Side jobs?

 

[5n0man]

When you don't know the sickness, you cant prescribe the medicine.

I know exactly what the sickness is, centuries of white supremacy. And I know what the medicine is too, a sense of self and community. I'm tired of the excuses about why we can't have the latter.