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Dr Claud Anderson on Poverty, Economics, Black Business Ignorance, Income
Uploaded by mufasa101 on May 27, 2018 at 5:37 pm
Dr Claud Anderson on Poverty, Economics, Black Business Ignorance, Income
Numbers don't lie
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I think one of the reasons Black-Americans don't own enough businesses and have other money issues is because we don't utilize a strategy that's been used by Caribbean Blacks and Asians. Those groups are known to form rotating credit groups. Caribbean people call them Susu loans. These loans can be used for various things like starting a business or to help pay for a car and bills.
I think one of the reasons Black-Americans don't own enough businesses
and have other money issues is because we don't utilize a strategy
that's been used by Caribbean Blacks and Asians. Those groups are known
to form rotating credit groups. Caribbean people call them Susu loans.
These loans can be used for various things like starting a business or
to help pay for a car and bills.
Here's a Caribbean example:
http://globalcitynyc.com/2012/12/06/in-savings-pools-every-little-bit-helps/