Author Topic: Seven trains from China to run MGR to kisumu  (Read 656 times)

Offline RV Pundit

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Seven trains from China to run MGR to kisumu
« on: February 11, 2022, 10:00:54 AM »
At least Jubilee regime got the railway back on track - Kibaki biggest failure was to hand over the railway to south african farmer.

https://www.businessdailyafrica.com/bd/economy/kenya-railways-buys-seven-passenger-trains-for-nairobi-kisumu-3712438

Offline Arcadian_Dreamer

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Re: Seven trains from China to run MGR to kisumu
« Reply #1 on: February 11, 2022, 10:33:23 AM »
White elephant.

Definition of Boondoggle: "waste money or time on unnecessary or questionable projects."

"the only guarantees are higher taxes"

Sleep is good, death is better; but of course, The best would be never to have been born at all.

Offline RV Pundit

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Re: Seven trains from China to run MGR to kisumu
« Reply #2 on: February 11, 2022, 10:37:07 AM »
How much money does Nairobi-Kisumu highway makes kenya gov? Nothing. As long as the railway became operational self sustaining I dont see it as loss. KQ is now white elephant - because clearly nobody will miss KQ and it serve no purpose.
White elephant.

Definition of Boondoggle: "waste money or time on unnecessary or questionable projects."

"the only guarantees are higher taxes"



Offline Arcadian_Dreamer

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Re: Seven trains from China to run MGR to kisumu
« Reply #3 on: February 11, 2022, 05:00:49 PM »
How much money does Nairobi-Kisumu highway makes kenya gov? Nothing. As long as the railway became operational self sustaining I dont see it as loss. KQ is now white elephant - because clearly nobody will miss KQ and it serve no purpose.

In economics, Hail Marys' don't work my fren. You have to be competitive.

Sleep is good, death is better; but of course, The best would be never to have been born at all.

Offline RV Pundit

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Re: Seven trains from China to run MGR to kisumu
« Reply #4 on: February 11, 2022, 05:05:30 PM »
In economics, Hail Marys' don't work my fren. You have to be competitive.
-

Offline Arcadian_Dreamer

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Re: Seven trains from China to run MGR to kisumu
« Reply #5 on: February 11, 2022, 06:13:57 PM »

My fren any economic activity shorn of competition and profit motive ALWAYS fails. Consumers, the free market should provide the discipline. Economics 101
Sleep is good, death is better; but of course, The best would be never to have been born at all.

Offline RV Pundit

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Re: Seven trains from China to run MGR to kisumu
« Reply #6 on: February 11, 2022, 06:17:59 PM »
Of course it would be nice if we run everything with profit mind but that will generate inequality as few become rich;
That my friend is problem of capitalism.
No system is perfect
Consensus - run the public sector with socialism- and run the private sector with capitalism - run away from communism
My fren any economic activity shorn of competition and profit motive ALWAYS fails. Consumers, the free market should provide the discipline. Economics 101