Tues 9th August 2022, Election Day
It's economics ya mawe via housing.What manufacturing will come to kenya when their electrical grid isn't even reliable?
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?
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.Quote from: patel on April 12, 2024, 01:59:49 PMDollar 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.
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.//www.youtube.com/watch?v=KwI6UseAMCQQuote from: Georgesoros on April 18, 2024, 01:41:37 AMOne thing that I have learned is that some inflation is better than deflation. People lose jobs during deflation.