Author Topic: I don't think corruption can stop a leader from delivering.  (Read 10036 times)

Offline Nefertiti

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Re: I don't think corruption can stop a leader from delivering.
« Reply #40 on: April 12, 2019, 12:06:39 PM »
The "genius" soft tackle was not meant as a slight, sorry.
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Offline vooke

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Re: I don't think corruption can stop a leader from delivering.
« Reply #41 on: April 12, 2019, 12:15:14 PM »
Borrowing as increased - so have gov revenues to repay them. Venezuela problem is down to depending on one commodity - OIl -
Any corrupt nation would experience short term highs. That's what Chavez did to Venezuela before it backfired shortly after he exited.

Here in Kenya the biggest output of corruption is external borrowing whose impact may be felt proper years after the thieves are out of office.
2 Timothy 2:4  No man that warreth entangleth himself with the affairs of this life; that he may please him who hath chosen him to be a soldier.

Offline Nefertiti

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Re: I don't think corruption can stop a leader from delivering.
« Reply #42 on: April 12, 2019, 01:27:48 PM »
The debt is growing faster than government income streams

In fact yes. Debt-driven growth - just like personal investment - demands one be frugal, economical & efficient. We have no export boom like Chile nor do we build anything on our own. Expensive imports of expertise and capacity. The lender is also the builder..  Jubilee is very hare-brained.
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Offline RV Pundit

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Re: I don't think corruption can stop a leader from delivering.
« Reply #43 on: April 12, 2019, 01:45:29 PM »
We are borrowing more - because our budget is increasing - but budget deficit is coming down. Anyway we first need 3.5B dollars from China :) for SGR to kisumu - and you can talk debt.