Nipate
Forum => Kenya Discussion => Topic started by: sema on April 16, 2023, 08:12:25 AM
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Summary: Kenya resembles a loaded but slow motion train wreck
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Unproductive parasitic 700,000 civil servants will do well with bribes. It is time to retrench and go ecitizen and huduma centres.
The rains came early in a decade. Vegetables in plenty. In two months, beans. Coffee should also peak thus some dollars inflows.
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There's no way Kenya can run out of KSH papers we can print at will.
Let say we ran out of dollars due to Ouru subbotage.
Ouru literally set up USD dead man switch in case Ruto won .....
Globally, the USA is loosing grip of dollar market. That why they try to export MRNA at 100$ per dose through WHO, and have capture most market including Zamunda, who saying they are about to ditch dollar system 🤣 while building USD MRNA packaging factory. IF WHO enforce every Zamunda to pertake MRNA, then USA literally switch petrodollar to MRNAdollar.
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Kenya isn't running out of cash , more precisely kenya government is broke. If kenya were a company, government represent 25% of total revenue while private sector(including households and individuals) 75%. Yes if the government were to collapse there'd be very dire economic consequence i.e aggregate demand of goods and services would collapse by 25%. Even in forex, the private sector is loaded with $10b deposits more than one and half times kenya forex reserves. This is an opportune time to shrink government sprawl in the economy while expanding the private sector.
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Look we Africa countries are back to 90s..indebted bloated..Time to discard social investment in free education..privatisation..then a few years we are back..again. Free education has greatest long term benefits but cab we afford it
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If budget has to be cut..free education will be first..parents have to prepare to pay for education of their kids