Let us return to the echo chamber: Economic Meltdown

[sema]

• Tweet

David Ndii is screaming his mouth off on twitter, but the people are not buying it.

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Silent economic meltdown going on...</p>&mdash; Cyprian, Is Nyakundi (@C_NyaKundiH) <a href="

Silent economic meltdown going on...

— Cyprian, Is Nyakundi (@C_NyaKundiH) November 12, 2024

?ref_src=twsrc%5Etfw">November 12, 2024</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">The government Thinks Prices Are Down Because They Have Done An Amazing Job At Lowering Prices, Yet The Prices Are Down Becuse The Country Is Having An Economic Meltdown Bringing Prices Down Since Demand Is Down!<br>That Is A Bitter Pill To Swallow For Them Since It Would Make Them…</p>&mdash; ℤєᏟ𝐨𝐥𝐥𝐨Ꮶ𝐚𝐫𝐢𝐬 (@ZeColloKaris) <a href="

The government Thinks Prices Are Down Because They Have Done An Amazing Job At Lowering Prices, Yet The Prices Are Down Becuse The Country Is Having An Economic Meltdown Bringing Prices Down Since Demand Is Down!
That Is A Bitter Pill To Swallow For Them Since It Would Make Them…

— ℤєᏟ𝐨𝐥𝐥𝐨Ꮶ𝐚𝐫𝐢𝐬 (@ZeColloKaris) November 12, 2024

?ref_src=twsrc%5Etfw">November 12, 2024</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

<blockquote class="twitter-tweet"><p lang="tl" dir="ltr">Nakaa hotels huku juja. Last month on day 17 more than half the students hawakuwa wamelipa rent. Haikuwangi hivi. Sai lazima nipige simu ndo nikule. Zakayo alihakikisha hata online sipati kitu.</p>&mdash; Viking Legend (@voidwhisperers) <a href="

Nakaa hotels huku juja. Last month on day 17 more than half the students hawakuwa wamelipa rent. Haikuwangi hivi. Sai lazima nipige simu ndo nikule. Zakayo alihakikisha hata online sipati kitu.

— Viking Legend (@voidwhisperers) November 12, 2024

?ref_src=twsrc%5Etfw">November 12, 2024</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Money isn&#39;t flowing. I don&#39;t know how to explain that, or who should fix it. But I know money isn&#39;t flowing. And if it&#39;s not flowing, No one will go home happy. Sooner or later,</p>&mdash; 😧mnyamwezi (@ikokituhapa) <a href="

Money isn't flowing. I don't know how to explain that, or who should fix it. But I know money isn't flowing. And if it's not flowing, No one will go home happy. Sooner or later,

— 😧mnyamwezi (@ikokituhapa) November 12, 2024

?ref_src=twsrc%5Etfw">November 12, 2024</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">No money circulation. Even the usual cartels don&#39;t have money...</p>&mdash; Cyprian, Is Nyakundi (@C_NyaKundiH) <a href="

No money circulation. Even the usual cartels don't have money...

— Cyprian, Is Nyakundi (@C_NyaKundiH) November 12, 2024

?ref_src=twsrc%5Etfw">November 12, 2024</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

[Georgesoros]

Which is better Deflation or inflation??
Inflation goods are expensive but pple have jobs
Deflation everyone hoards money, businesses have to lay off causing pain.

[patel]

Economic Armageddon loading. But this was predictable. That thief David Ndii tried to dodge it and in the process over corrected. The rains helped a lot but most are expecting very poor yield due to fake fertilizer. Ni kubaya

[sema]

Which is better Deflation or inflation??
Inflation goods are expensive but pple have jobs
Deflation everyone hoards money, businesses have to lay off causing pain.

Deflation is better. How are higher prices better for anything? Economics is common sense. What you have in Kenya is inflation relative to people’s per capita incomes, not deflation

[Nowayhaha]

Deflation is the point to recession , meaning its just matter of time before Kenya defaults , Economics 101….
But would you get it ?

Which is better Deflation or inflation??
Inflation goods are expensive but pple have jobs
Deflation everyone hoards money, businesses have to lay off causing pain.

[RV Pundit]

Kenya is doing very well.
Ndii and team have delivered.

What we need now is central bank to low interest rates.
Inject money into the economy.

Treasury to also finally fix pending pills problem - Uhuru left 600B of unpaid contractors.
They are responsible for 15% of the bad loans.

Those should fix the private sector - plus the other policies that are working well.

PUBLIC sector investment .....roads/electricity all over the country need to resume.

And finally Ruto urgently need to nail Mombasa-Malaba expressway and Naivasha-Malaba SGR.

Plus all the ADANI deals - and get contractors on the ground in early 2025.

Throw in the dams.

[Njuri Ncheke]

Kenya is doing very well.
Ndii and team have delivered.

What we need now is central bank to low interest rates.
Inject money into the economy.

Treasury to also finally fix pending pills problem - Uhuru left 600B of unpaid contractors.
They are responsible for 15% of the bad loans.

Those should fix the private sector - plus the other policies that are working well.

PUBLIC sector investment .....roads/electricity all over the country need to resume.

And finally Ruto urgently need to nail Mombasa-Malaba expressway and Naivasha-Malaba SGR.

Plus all the ADANI deals - and get contractors on the ground in early 2025.

Throw in the dams.

SHUT UP IDIOT!!
Do you even think before posting, just because you can afford a few beers you think everyone is doing well, the so called middle class is shrinking, No jobs no nothing uku mashinani people are really suffering even getting enough to eat is a problem
Kweli wewe ni falaa Pundit.

[RV Pundit]

Maize is retailing at 2000 to 1800 entire gunia.
Sugar is 120 a kilo. Cooking oil cheap.
Umbwa wewe
If you cannot afford it.

SHUT UP IDIOT!!
Do you even think before posting, just because you can afford a few beers you think everyone is doing well, the so called middle class is shrinking, No jobs no nothing uku mashinani people are really suffering even getting enough to eat is a problem
Kweli wewe ni falaa Pundit.

[Nefertiti]

Economically Ruto is tied to Trump.

1 WARS. If Trump shuts down Ukraine war and forces comedian into exile. Then forces Netanyahu to stop the genocide. Oil prices will plummet to 2014 prices, especially if he lifts anti-Russia sanctions, even if he doubles down on Iran.

2 CHINA. If Trump resumes trade war - inflation will not abate despite oil price going down. Higher interest rates will mop up capital outflows so Kenya and Global South will suffer.

There is little Ndii can do on his own to Trump-proof a puny economy like Kenya.

[Kadudu]

The comedian is going nowhere. He might even survive Trump's second term. The Ukraine cannot hold an election during war period. So the man is there for the next 1 to 2 years. After that he can loose the election, but since the Ukraine is a democracy unlike Russia, the comedian can remain in his country.

Maybe you meant Putin. Can Putin survive in Russia when he is no longer president?

Economically Ruto is tied to Trump.

1 WARS. If Trump shuts down Ukraine war and forces comedian into exile. Then forces Netanyahu to stop the genocide. Oil prices will plummet to 2014 prices, especially if he lifts anti-Russia sanctions, even if he doubles down on Iran.

2 CHINA. If Trump resumes trade war - inflation will not abate despite oil price going down. Higher interest rates will mop up capital outflows so Kenya and Global South will suffer.

There is little Ndii can do on his own to Trump-proof a puny economy like Kenya.

[Kadudu]

G4S lays off 400 workers. Pundit still says things are looking very rosy. Even if the 400 are watchies, those are potential 400 well trained wakoras.

https://www.the-star.co.ke/news/2024-11-13-g4s-to-lay-off-400-staff-as-cash-crunch-bites

[Nefertiti]

According to Waltz, Rubio, et al - Trump wants to gift Putin the Donbas and Crimea. And force Ukraine to be neutral by treaty. This will be unpalatable to the Ukrainians and Zelenskyy will be hanged for it.

Ukraine is a geopolitical pawn - so being a democracy is meaningless since there is no sovereignty. A very unenviable position.

Putin is pragmatic. Russia would be colonized [Palestine-style] without him. Same as China without the Party. These are circumstancial systems not bareknuckle pointless dictatorships like Moi or Museveni.

The comedian has it coming. Biden has 4B weapon leftovers and the Europeans won't save him. I hope he has a refugee visa ready.

The comedian is going nowhere. He might even survive Trump's second term. The Ukraine cannot hold an election during war period. So the man is there for the next 1 to 2 years. After that he can loose the election, but since the Ukraine is a democracy unlike Russia, the comedian can remain in his country.

Maybe you meant Putin. Can Putin survive in Russia when he is no longer president?

Economically Ruto is tied to Trump.

1 WARS. If Trump shuts down Ukraine war and forces comedian into exile. Then forces Netanyahu to stop the genocide. Oil prices will plummet to 2014 prices, especially if he lifts anti-Russia sanctions, even if he doubles down on Iran.

2 CHINA. If Trump resumes trade war - inflation will not abate despite oil price going down. Higher interest rates will mop up capital outflows so Kenya and Global South will suffer.

There is little Ndii can do on his own to Trump-proof a puny economy like Kenya.

[gout]

With restrictions on immigrants' ability to work, a rise in wages and a cut in taxes, are the factors to watch.

[Georgesoros]

WHat sector is mostly affected??

[Nefertiti]

WHat sector is mostly affected??

Farmlands, construction, healthcare

[Georgesoros]

WHat sector is mostly affected??

Farmlands, construction, healthcare

Am currently building my crib and I see cost of material is very high. Cement is like 900 shs. Steel rods are exorbitantly high. If taxes were reduced, I guess it will generate more in  the construction and other industries. Healthcare is high because of greed. Any little visit to the hospital is 20k. How many can afford that??

[Nowayhaha]

You understand Geopolitics and political economy .
Once Ukraine war is out hauthis in yemen give access to the international waters route  oil market stabilizes then things will be okay .

Economically Ruto is tied to Trump.

1 WARS. If Trump shuts down Ukraine war and forces comedian into exile. Then forces Netanyahu to stop the genocide. Oil prices will plummet to 2014 prices, especially if he lifts anti-Russia sanctions, even if he doubles down on Iran.

2 CHINA. If Trump resumes trade war - inflation will not abate despite oil price going down. Higher interest rates will mop up capital outflows so Kenya and Global South will suffer.

There is little Ndii can do on his own to Trump-proof a puny economy like Kenya.

[RV Pundit]

Unless you have sector wide data - G4S could be victim of intense competition - by gazillion security firms.

G4S lays off 400 workers. Pundit still says things are looking very rosy. Even if the 400 are watchies, those are potential 400 well trained wakoras.

https://www.the-star.co.ke/news/2024-11-13-g4s-to-lay-off-400-staff-as-cash-crunch-bites

[patel]

WHat sector is mostly affected??

Farmlands, construction, healthcare

Am currently building my crib and I see cost of material is very high. Cement is like 900 shs. Steel rods are exorbitantly high. If taxes were reduced, I guess it will generate more in  the construction and other industries. Healthcare is high because of greed. Any little visit to the hospital is 20k. How many can afford that??

Affordable housing has messed up construction and real estate industry. Lots people sitting on the sidelines waiting for 1 - 2 million affordable house in the middle of Nairobi...ain't gonna happen. Also cement and steel industries are waiting for this huge orders to build affordable housing. It's a mess. Half thought out solutions never accounting for chain reaction.

[Georgesoros]

WHat sector is mostly affected??

Farmlands, construction, healthcare

Am currently building my crib and I see cost of material is very high. Cement is like 900 shs. Steel rods are exorbitantly high. If taxes were reduced, I guess it will generate more in  the construction and other industries. Healthcare is high because of greed. Any little visit to the hospital is 20k. How many can afford that??

Affordable housing has messed up construction and real estate industry. Lots people sitting on the sidelines waiting for 1 - 2 million affordable house in the middle of Nairobi...ain't gonna happen. Also cement and steel industries are waiting for this huge orders to build affordable housing. It's a mess. Half thought out solutions never accounting for chain reaction.

Should have left real estate alone. Provide subsidies to buy a place instead of building chaos that we currently see