Author Topic: A economic avalanche is coming  (Read 11068 times)

Offline patel

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Re: A economic avalanche is coming
« Reply #160 on: February 18, 2023, 05:08:56 PM »
Economic collapse is real. No where to hide. Dollar heading to ksh200 speedi speedi.

Offline Georgesoros

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Re: A economic avalanche is coming
« Reply #161 on: February 20, 2023, 07:52:17 PM »
Cheap money that helped many developing nations has disappeared. MegaRich will triple income. Others tighten belts.

Offline RV Pundit

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Re: A economic avalanche is coming
« Reply #162 on: March 03, 2023, 08:29:24 AM »
Dollar shortages.Time to look inward and prepare to buy only essentials ?t=dkh6CHj6rFAXClaa09f49Q&s=19

Offline RV Pundit

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Re: A economic avalanche is coming
« Reply #163 on: March 06, 2023, 10:23:20 PM »
Dollar is at 128. If you have projects at kenya time to send the mullah

Offline patel

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Re: A economic avalanche is coming
« Reply #164 on: March 07, 2023, 11:43:57 PM »
I think we will hit 150 in few weeks before things stabilize.  Am betting on it hitting 175 then retreating back to 120 or so.

Offline RV Pundit

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Re: A economic avalanche is coming
« Reply #165 on: March 08, 2023, 12:31:38 AM »
I hope it hit 150 mid year - I want to cash out my retirement and go back to Kenya.
I think we will hit 150 in few weeks before things stabilize.  Am betting on it hitting 175 then retreating back to 120 or so.

Offline Nowayhaha

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Re: A economic avalanche is coming
« Reply #166 on: March 08, 2023, 12:49:05 AM »
And there goes the purchasing power, what is KK government doing? If not careful we will go Sri Lanka and Ghana way . This coupled with Railas plan of insurrection is very dangerous .

Offline RV Pundit

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Re: A economic avalanche is coming
« Reply #167 on: March 08, 2023, 01:33:42 AM »
Raila has no plan. Dollars will remain a curve ball. Until US inflation is under control. We are in for a ride. At least ruto has secured critical fuel, food and last thing remaining is to secure medicine. The rest people can do without.

And there goes the purchasing power, what is KK government doing? If not careful we will go Sri Lanka and Ghana way . This coupled with Railas plan of insurrection is very dangerous .

Offline hk

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Re: A economic avalanche is coming
« Reply #168 on: March 08, 2023, 06:24:31 PM »
Raila has no plan. Dollars will remain a curve ball. Until US inflation is under control. We are in for a ride. At least ruto has secured critical fuel, food and last thing remaining is to secure medicine. The rest people can do without.

And there goes the purchasing power, what is KK government doing? If not careful we will go Sri Lanka and Ghana way . This coupled with Railas plan of insurrection is very dangerous .
2024 will be a make or break year, $1.5b eurobond  is due plus also $4.5b fuel payment.  Tea trading partners e.g. egypt and pakistan have forex problems, remittance might increase marginally or remain the same amount. The only sector that can register significant growth is tourism. Ksh. has depreciated making kenya a cheaper tourist destination.

Offline RV Pundit

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Re: A economic avalanche is coming
« Reply #169 on: March 08, 2023, 07:12:38 PM »
Shida..gov borrowing at almost 15% ?t=HYZeWSOYktdEHG45IbrhiQ&s=19

Offline gout

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Re: A economic avalanche is coming
« Reply #170 on: March 10, 2023, 07:47:33 AM »
The rains have to fall otherwise it is a cliff.

Still the dynasties assets can be seized in a state of emergency to feed the people and buy medicine.
while gout pain is humbling; coronavirus is the reboot button; we are on a hasla revolution

Offline RV Pundit

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Re: A economic avalanche is coming
« Reply #171 on: March 10, 2023, 08:33:54 AM »