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Forum => Kenya Discussion => Topic started by: Gumzo on September 22, 2019, 08:35:58 AM

Title: Expected USD crush
Post by: Gumzo on September 22, 2019, 08:35:58 AM

Is there a global finance and currencies masomo mingi type that can Kindly explain in simple language, how the Ksh will be affected by the expected USD crush.

Title: Re: Expected USD crush
Post by: Georgesoros on September 22, 2019, 08:02:02 PM

There’s a lot going on. The US dollar will not be the same in 20yrs. USA economy may be doing well but the foundation is not there. The middle class has crushed leaving only the rich and poor. US will be like Japan. No real growth for a while.

Title: Re: Expected USD crush
Post by: RV Pundit on September 24, 2019, 09:22:19 AM

Nothing will crush...USD will give some a little way to Yuan..so will Euro and others...and we will have a basket of global hard currencies. For kenya - it simply mean trading with China with Yuan, Japan with Yen, US with USD, Europe with Euro, Britain with Pounds and couple of currencies that our Central Bank will just need to keep.