Author Topic: Looks like dollar accelerating to $150  (Read 6057 times)

Offline sema

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Re: Looks like dollar accelerating to $150
« Reply #20 on: March 25, 2024, 10:31:35 PM »
It's economics ya mawe via housing.

What manufacturing will come to kenya when their electrical grid isn't even reliable?

Offline Georgesoros

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Re: Looks like dollar accelerating to $150
« Reply #21 on: March 25, 2024, 11:56:37 PM »
It's economics ya mawe via housing.

What manufacturing will come to kenya when their electrical grid isn't even reliable?

Create a policy to attract solar power. Don't tax the sloar panels for 5yrs. Manufacturers will sell to the national grid and this will lower costs. Only catch is the panels should last 20 plus years. Why is it so difficult??

Offline patel

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Re: Looks like dollar accelerating to $150
« Reply #22 on: April 12, 2024, 01:59:49 PM »
Dollar down to ksh 125. Our currency is stronger than Japanese yen.  Beside dodging default what else has changed? Govt flooding the market with borrowed dollars. How sustainable?

Offline Kadudu

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Re: Looks like dollar accelerating to $150
« Reply #23 on: April 14, 2024, 10:00:03 AM »
 :D :D
Most of the problems postponed to 2032. The interest rates for the loans have shot up. Kenya is not producing anything more than in 2023. In fact it is the opposite. Kenya is producing less than even in 2015.

Dollar down to ksh 125. Our currency is stronger than Japanese yen.  Beside dodging default what else has changed? Govt flooding the market with borrowed dollars. How sustainable?

Offline Georgesoros

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Re: Looks like dollar accelerating to $150
« Reply #24 on: April 18, 2024, 01:41:37 AM »
:D :D
Most of the problems postponed to 2032. The interest rates for the loans have shot up. Kenya is not producing anything more than in 2023. In fact it is the opposite. Kenya is producing less than even in 2015.

Dollar down to ksh 125. Our currency is stronger than Japanese yen.  Beside dodging default what else has changed? Govt flooding the market with borrowed dollars. How sustainable?

One thing that I have learned is that some inflation is better than deflation. People lose jobs during deflation.

Offline Kadudu

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Re: Looks like dollar accelerating to $150
« Reply #25 on: April 18, 2024, 09:17:49 AM »
According to this financial expert Kenya's financial situation has not changed. Once we pay back the Eurobond through borrowed cash, the situation will go back to normal.


One thing that I have learned is that some inflation is better than deflation. People lose jobs during deflation.

Offline Georgesoros

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Re: Looks like dollar accelerating to $150
« Reply #26 on: April 18, 2024, 02:31:14 PM »
According to this financial expert Kenya's financial situation has not changed. Once we pay back the Eurobond through borrowed cash, the situation will go back to normal.


One thing that I have learned is that some inflation is better than deflation. People lose jobs during deflation.

I used to do the same when I was young. Take all credit cards, refinance at a fixed rate, say 9%, and then kept spending. Until one time I went on a strict financial diet.