Author Topic: lootalluhurunomics Loan defaults Mount  (Read 8293 times)

Offline KenyanPlato

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lootalluhurunomics Loan defaults Mount
« on: March 10, 2020, 03:18:17 PM »
https://www.businessdailyafrica.com/economy/Job-cuts-double-workers-loan-defaults-Sh52bn/3946234-5484008-wicwe3z/index.html?utm_source=traqli&utm_medium=email&utm_campaign=bdafrica_newsletter&tqid=1.2yNis0H0cBbdzxhXUKgZrxvwlJWsVktRTbzarW2Q

Offline hk

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Re: lootalluhurunomics Loan defaults Mount
« Reply #1 on: March 16, 2020, 11:23:37 AM »
Jubilee economics plus corona virus effects == recession.  The stupidity of the fiscal irresponsibility under jubilee means the country is ill prepared or capable to cope with external shocks. The only bright spot is low crude prices, but consumers wont get the full relieve cause the sector is highly regulated.

Online RV Pundit

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Re: lootalluhurunomics Loan defaults Mount
« Reply #2 on: March 16, 2020, 11:44:23 AM »
I think chaos will be global...so cut them some slack.
Jubilee economics plus corona virus effects == recession.  The stupidity of the fiscal irresponsibility under jubilee means the country is ill prepared or capable to cope with external shocks. The only bright spot is low crude prices, but consumers wont get the full relieve cause the sector is highly regulated.

Offline Kadudu

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Re: lootalluhurunomics Loan defaults Mount
« Reply #3 on: March 16, 2020, 11:54:16 AM »
Jubilee is lucky and will now just put the blame on the global reccession and forget to mention its incompetence.
Uhuru is a political and economic desaster for Kenya. Anybody dreaming of extending his stay in SH is wishing the worst for Kenya.

I think chaos will be global...so cut them some slack.

Online RV Pundit

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Re: lootalluhurunomics Loan defaults Mount
« Reply #4 on: March 16, 2020, 12:04:27 PM »
I think he already acknowledges that by slowly dropping his Agenda 4 idea :)  UhuRuto works well - if Ruto is allowed to work. But you leave the drunkard and you get chaos. The thing is to deliver - you need to be on top of the game - so you can effectively supervise gov operations. Now we are basically on auto-pilot as gov civil warfare goes on. That gov civil war is going to streets slowly and by then...not only would the failure be ECONOMIC but also POLITICAL.

Economic problems are easy to recover from...socio-political are harder.

Jubilee is lucky and will now just put the blame on the global reccession and forget to mention its incompetence.
Uhuru is a political and economic desaster for Kenya. Anybody dreaming of extending his stay in SH is wishing the worst for Kenya.

Offline Dear Mami

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Re: lootalluhurunomics Loan defaults Mount
« Reply #5 on: March 16, 2020, 12:31:15 PM »
UhuRuto works well - if Ruto is allowed to work. But you leave the drunkard and you get chaos.

Pundit, how long will you keep peddling this lie with a straight face? We know the problem is taking stupidly big debts and not investing them in areas that would give us returns soon enough for them to make sense, along with letting a chunk of it vanish into graft; Your Ruto was stupidly along for the ride when all the bad decisions were made, so spare us this danganya-toto-toto-jinga business. This disaster duo is married at the hip in the plague they have become for us. Washindwe wote hawa wapumbavu.

Offline Kadudu

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Re: lootalluhurunomics Loan defaults Mount
« Reply #6 on: March 16, 2020, 12:43:21 PM »
Pundit likes peddling any pro Ruto propaganda. Of course Ruto was part and parcel of the gravy train that brought Kenya to a halt. His hawkish attitude towards the critics of Jubilee made things even worse. Ruto is actually on record even worse than Uhuru. He says things which do not make sense, but he will never admit having made any error. If Ruto becomes PORK in 2022, we can say goodbye to political freedom in Kenya.
This fake doctrate holder will bring Kenya no good.

Pundit, how long will you keep peddling this lie with a straight face? We know the problem is taking stupidly big debts and not investing them in areas that would give us returns soon enough for them to make sense, along with letting a chunk of it vanish into graft; Your Ruto was stupidly along for the ride when all the bad decisions were made, so spare us this danganya-toto-toto-jinga business. This disaster duo is married at the hip in the plague they have become for us. Washindwe wote hawa wapumbavu.

Online RV Pundit

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Re: lootalluhurunomics Loan defaults Mount
« Reply #7 on: March 16, 2020, 01:41:22 PM »
I say this with all honesty as always. Yes I support Ruto but I believe I can still be objective. Big debts are not a problem.The problem is making sure the money taken is invested and the economy grows big enough to pay debts.

Jubilee 1.0 did so well they improve their 50% score to 55%. That is HUGE - actually UNPRECEDENTED - in Africa. Normally gov erode their support - you don't see them increasing. But now if Jubilee 2.0 goes into election - they will drop 10%.

If you travel to Kenya now - you can see Jubilee 1.0 - progress - live live. Jubilee 2.0 starting with SGR ending up in maize plantation. The reason Chinese asked Uhuru to come with Ruto instead of Raila :) :)

Kenya had 10,000kms of road under tarmac - and now Jubilee took it to 20,000! That is biggest infrastructure expansion since independence. You can see if you go to your counties - tarmac - albeit low seal - snaking in and out of everywhere.

Uhuru the drunken then got a little jittery and took over the sails. He came up with a bone-headed idea. Big 4. Ruto told me they should focus on Infrastructure and TIVETs. He stuck to Big4 and BBI NONSENSE. The results - 2yr later - 300 houses out of 500,000 planned have been built. Manufacturing ZERO. Food Security. ZERO. What else did the drunkard talk about.

Uhuru is brilliant - shida take in POMBE.


Pundit, how long will you keep peddling this lie with a straight face? We know the problem is taking stupidly big debts and not investing them in areas that would give us returns soon enough for them to make sense, along with letting a chunk of it vanish into graft; Your Ruto was stupidly along for the ride when all the bad decisions were made, so spare us this danganya-toto-toto-jinga business. This disaster duo is married at the hip in the plague they have become for us. Washindwe wote hawa wapumbavu.

Online RV Pundit

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Re: lootalluhurunomics Loan defaults Mount
« Reply #8 on: March 16, 2020, 01:47:45 PM »
I pray Ruto become PORK. Then you'll see what having a Museveni, Kagame, or Meles Zenawi does to a country. or Having Hilter in Germany did to your adopted country. We need people who actually can do stuff.
Pundit likes peddling any pro Ruto propaganda. Of course Ruto was part and parcel of the gravy train that brought Kenya to a halt. His hawkish attitude towards the critics of Jubilee made things even worse. Ruto is actually on record even worse than Uhuru. He says things which do not make sense, but he will never admit having made any error. If Ruto becomes PORK in 2022, we can say goodbye to political freedom in Kenya.
This fake doctrate holder will bring Kenya no good.

Online RV Pundit

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Re: lootalluhurunomics Loan defaults Mount
« Reply #9 on: March 17, 2020, 08:13:53 AM »
This Anglican pastor agrees. Tell the drunkard Uhuru to let Ruto drive the car :) home otherwise he will crash everyone on it.
https://www.the-star.co.ke/news/2020-03-16-pastor-urges-uhuru-to-end-bad-blood-with-ruto/

Offline KenyanPlato

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Re: lootalluhurunomics Loan defaults Mount
« Reply #10 on: March 17, 2020, 03:12:24 PM »
This Anglican pastor agrees. Tell the drunkard Uhuru to let Ruto drive the car :) home otherwise he will crash everyone on it.
https://www.the-star.co.ke/news/2020-03-16-pastor-urges-uhuru-to-end-bad-blood-with-ruto/

An atheist like you is now quoting priests .. Ruto and Uhuru have been rejected by Kikuyu base. They are both thieves and seen as incompetent. Kikuyus are giving Uhuru the benefit of doubt on Stealing but ruto they have no doubt he is a reckless thief

Online RV Pundit

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Re: lootalluhurunomics Loan defaults Mount
« Reply #11 on: March 17, 2020, 03:14:12 PM »
Any rink to that. This is ACK pastor - top dog - warming the drunkard about the epic disaster. I am capable of agreeing with you on many issues as you well know and disagreeing on even many more - and that is what a fully evolved primate ought to do.

I agree with you that Ruto, Uhuru, Raila and all top politicians we have to pick from are very accomplished and successfully thieves. I think Ruto is especially gifted in that dept and the 'hatred' stems from realization that he is a better thief than us. But still like pastor says - there are other things - that fully evolved primates will consider - before making a decision.

Simpletons only have two brain cells - like a single-celled every ready battery with negative and positive.

An atheist like you is now quoting priests .. Ruto and Uhuru have been rejected by Kikuyu base. They are both thieves and seen as incompetent. Kikuyus are giving Uhuru the benefit of doubt on Stealing but ruto they have no doubt he is a reckless thief

Offline Kadudu

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Re: lootalluhurunomics Loan defaults Mount
« Reply #12 on: March 17, 2020, 04:39:36 PM »
 :D :D :D :D
Pundit saw the light some time back in Mavoko.

An atheist like you is now quoting priests ..

Offline Kadudu

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Re: lootalluhurunomics Loan defaults Mount
« Reply #13 on: March 17, 2020, 04:43:31 PM »
The Church in Kenya is a big joke. Lives on handouts and dances to the music being played by the person paying. Nobody will take this guy seriously.

Any rink to that. This is ACK pastor - top dog - warming the drunkard about the epic disaster. I am capable of agreeing with you on many issues as you well know and disagreeing on even many more - and that is what a fully evolved primate ought to do.

I agree with you that Ruto, Uhuru, Raila and all top politicians we have to pick from are very accomplished and successfully thieves. I think Ruto is especially gifted in that dept and the 'hatred' stems from realization that he is a better thief than us. But still like pastor says - there are other things - that fully evolved primates will consider - before making a decision.

Simpletons only have two brain cells - like a single-celled every ready battery with negative and positive.

Online RV Pundit

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Re: lootalluhurunomics Loan defaults Mount
« Reply #14 on: March 17, 2020, 07:00:22 PM »
This is mainstream - ACK - Catholic - those are kinda better than Awour and General one. Those when they speak - you listen - but don't need to take their advice. It obvious GEMA nation is going through internal turmoil as they don't like the direction Uhuru is taking the country.
The Church in Kenya is a big joke. Lives on handouts and dances to the music being played by the person paying. Nobody will take this guy seriously.

Offline Kadudu

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Re: lootalluhurunomics Loan defaults Mount
« Reply #15 on: March 18, 2020, 10:51:26 AM »
ACK has seen better times. Of late its pastors are not much different from the Owuors and Ngangas of this world.
GEMA never chose Uhuru because of his leadership qualities, but just to save his neck from the ICC. GEMA should now not complain about the bed it made and should lay in it in silence.

This is mainstream - ACK - Catholic - those are kinda better than Awour and General one. Those when they speak - you listen - but don't need to take their advice. It obvious GEMA nation is going through internal turmoil as they don't like the direction Uhuru is taking the country.

Online RV Pundit

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Re: lootalluhurunomics Loan defaults Mount
« Reply #16 on: March 18, 2020, 10:59:39 AM »
According to GEMA - UHURU a prince who didn't have to - showed leadership and sacrifices when he organized retaliatory attacks and aid to their people in distress - after Kibaki, clueless cowardly gov became unable and unwilling - and from that day - Uhuru became LEGIT. He was no longer the Moi illegitimate kid. Now he was like his father JOMO - a real hero of GEMA nation. And to top it - he had secured a peace deal with Kalenjin (Ruto) - so for them, he had earned his stripes as the Muthamaki.

The last two years - he has done the uncompromisable - he has embraced their enemy numero uno Raila and seems to spite Ruto.

In short - Kenya leaders or heroes - can become a villain - if people feel they don't represent their interest anymore. And Uhuru stands the greatest risk of becoming another Moi - whom Kalenjin loved but eventually didn't want anything to do with him. Yes, Moi was still respected - but like past hero.

Uhuru if he causes Jubilee split will be regarded worse than a dog. For he will start another painful war. And that is what many Kikuyus with a voice (many are scared of Kibicho-Uhuru) are telling him.

ACK has seen better times. Of late its pastors are not much different from the Owuors and Ngangas of this world.
GEMA never chose Uhuru because of his leadership qualities, but just to save his neck from the ICC. GEMA should now not complain about the bed it made and should lay in it in silence.

Offline hk

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Re: lootalluhurunomics Loan defaults Mount
« Reply #17 on: March 18, 2020, 02:02:15 PM »
I say this with all honesty as always. Yes I support Ruto but I believe I can still be objective. Big debts are not a problem.The problem is making sure the money taken is invested and the economy grows big enough to pay debts.

Jubilee 1.0 did so well they improve their 50% score to 55%. That is HUGE - actually UNPRECEDENTED - in Africa. Normally gov erode their support - you don't see them increasing. But now if Jubilee 2.0 goes into election - they will drop 10%.

If you travel to Kenya now - you can see Jubilee 1.0 - progress - live live. Jubilee 2.0 starting with SGR ending up in maize plantation. The reason Chinese asked Uhuru to come with Ruto instead of Raila :) :)

Kenya had 10,000kms of road under tarmac - and now Jubilee took it to 20,000! That is biggest infrastructure expansion since independence. You can see if you go to your counties - tarmac - albeit low seal - snaking in and out of everywhere.

Uhuru the drunken then got a little jittery and took over the sails. He came up with a bone-headed idea. Big 4. Ruto told me they should focus on Infrastructure and TIVETs. He stuck to Big4 and BBI NONSENSE. The results - 2yr later - 300 houses out of 500,000 planned have been built. Manufacturing ZERO. Food Security. ZERO. What else did the drunkard talk about.

Uhuru is brilliant - shida take in POMBE.


Pundit, how long will you keep peddling this lie with a straight face? We know the problem is taking stupidly big debts and not investing them in areas that would give us returns soon enough for them to make sense, along with letting a chunk of it vanish into graft; Your Ruto was stupidly along for the ride when all the bad decisions were made, so spare us this danganya-toto-toto-jinga business. This disaster duo is married at the hip in the plague they have become for us. Washindwe wote hawa wapumbavu.
The excess of the first term is what is haunting the economy today even before the effects of the virus. Economic development means increase in production and consumption by private sectors and consumers. Roads and buildings are good but has to be coupled with  increase in production.  The worst thing jubilee did to kenya economy is crowding out the private sector. Apart from credit , jubilee crowded out the private sector in business i.e by running huge budget deficits, the government drew alot businesses to do business with the government. Predictably government ran out money and all those businesses are now bankrupt or about to. If that capital was directed in the private sector the economy would have been far much healthier to withstand the virus shock. Anyhow KSH shilling depreciating daily as CBK mop up USD to pay for the crazy Chinese and eurobonds.   
Now in the hour of need the government has very few tools to keep the economy afloat. If something doesn't happen soon we'll be talking about complete collapse of the economy.
Its funny how tanga tanga team blame uhuru while kieleweke blame ruto for stealing. Bottomline both are inept and clearly clueless on how to run an economy.

Online RV Pundit

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Re: lootalluhurunomics Loan defaults Mount
« Reply #18 on: March 18, 2020, 04:08:39 PM »
Economic - You discount the public sector role in economic developments. I think all 3 sectors need to function. individuals, Private Sector and Public Sector - should all be firing on their cylinders.
Politics..I am not sure how long bad policy - take - before coming to haunt. Uhuru has to carry the blame. Ruto should distance himself from this disaster. Corona definitely taking the economy to recession. Add BBI and Raila...and Ruto should completely stay away from defending Jubilee..and say it's now BBI and Raila is responsible.

People know Jubilee 1.0 was mean machine - they know BBI 2.0 is akin to NARA - makelele tu.

The excess of the first term is what is haunting the economy today even before the effects of the virus. Economic development means increase in production and consumption by private sectors and consumers. Roads and buildings are good but has to be coupled with  increase in production.  The worst thing jubilee did to kenya economy is crowding out the private sector. Apart from credit , jubilee crowded out the private sector in business i.e by running huge budget deficits, the government drew alot businesses to do business with the government. Predictably government ran out money and all those businesses are now bankrupt or about to. If that capital was directed in the private sector the economy would have been far much healthier to withstand the virus shock. Anyhow KSH shilling depreciating daily as CBK mop up USD to pay for the crazy Chinese and eurobonds.   
Now in the hour of need the government has very few tools to keep the economy afloat. If something doesn't happen soon we'll be talking about complete collapse of the economy.
Its funny how tanga tanga team blame uhuru while kieleweke blame ruto for stealing. Bottomline both are inept and clearly clueless on how to run an economy.

Offline hk

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Re: lootalluhurunomics Loan defaults Mount
« Reply #19 on: March 18, 2020, 04:49:53 PM »
Economic - You discount the public sector role in economic developments. I think all 3 sectors need to function. individuals, Private Sector and Public Sector - should all be firing on their cylinders.
Politics..I am not sure how long bad policy - take - before coming to haunt. Uhuru has to carry the blame. Ruto should distance himself from this disaster. Corona definitely taking the economy to recession. Add BBI and Raila...and Ruto should completely stay away from defending Jubilee..and say it's now BBI and Raila is responsible.

People know Jubilee 1.0 was mean machine - they know BBI 2.0 is akin to NARA - makelele tu.
All 3 sectors should be firing in all cylinders but since government controls the other 2 when that malfunctions it immediately affects the other 2. The effects of budget deficit start being felt after the credit market freezes(or interest rise), limit on taxation is met or tax collection takes a nose dive. Kenya economy is experiencing all three.  Kenya economy started faltering way back in 2016, that's when government started crowding out the private sector. The economy has been kept afloat by more borrowing and spending but now the bill is due.
Things like universal electricity connections, SGR, fake fertilizers, overpriced rds, dams, huduma number etc are what decimated the economy even before the virus. All this were initiated in jubilee 1.0.
BBI and Raila has had zero effect on the economy, the skunk that's jubilee economy belong to the duo.