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Current economy recession and the expected 2013 recovery
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kizee1
#31 Posted : Tuesday, December 27, 2011 11:09:26 AM
Rank: Member

Joined: 9/29/2010
Posts: 679
Location: nairobi
the deal wrote:
@hisah @Kizee Some people only see whats happening today or what happened in the past, look at how every Tom & Dick is a critic of CBK today than 7-8 month when things where going wrong? LMAO @Cde read what i wrote 7-8 month ago.
totally man, anyway everyone is entitled to an opinion
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guru267
#32 Posted : Tuesday, December 27, 2011 11:19:30 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
kizee1 wrote:
really? can u give me an example of a recession not caused by a monetary contraction just one really
@kizee I agree that recessions are caused by monetary contractions.. My argument is that not all monetary contraction ends in recessions if they are well managed... 1. Kenya is going through monetary contraction for 5 months.. do you see a recession?? 2. China is going through monetary contraction for a whole year.. do you see a recession?? 3. Uganda.... do you see a recession?? etc etc...
Mark 12:29 Deuteronomy 4:16
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youcan'tstopusnow
#33 Posted : Tuesday, December 27, 2011 11:49:04 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Cde Monomotapa wrote:
FUNKY wrote:
http://www.nation.co.ke/...0/-/w4nrbtz/-/index.html
'taming' banks as proposed will move banks from quality to quantity loans. Welcome sub-prime & NINJA loans and when things go pop!! they'll be more blood on politicians hands than their short-sightedness can fathom. Down with this popular/politically motivated laws!
Can you believe these clowns!? MPs, however, say they would rather deal with the mess when the possibility being advanced becomes a reality. “We are in the business of legislation and if indeed this will be bad for the economy as fronted by Treasury, then we shall correct it as necessary. Cde, hata bei ya mkate ipunguzwe basiLaughing out loudly
GOD BLESS YOUR LIFE
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  | | Edit by user: Tuesday, December 27, 2011 11:53 AM | Reason: Not specified
Cde Monomotapa
#34 Posted : Tuesday, December 27, 2011 12:14:23 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
guru267 wrote:
kizee1 wrote:
really? can u give me an example of a recession not caused by a monetary contraction just one really
@kizee I agree that recessions are caused by monetary contractions.. My argument is that not all monetary contraction ends in recessions if they are well managed... 1. Kenya is going through monetary contraction for 5 months.. do you see a recession?? 2. China is going through monetary contraction for a whole year.. do you see a recession?? 3. Uganda.... do you see a recession?? etc etc...
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Cde Monomotapa
#35 Posted : Tuesday, December 27, 2011 12:21:07 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
youcan'tstopusnow wrote:
Cde Monomotapa wrote:
FUNKY wrote:
http://www.nation.co.ke/...0/-/w4nrbtz/-/index.html
'taming' banks as proposed will move banks from quality to quantity loans. Welcome sub-prime & NINJA loans and when things go pop!! they'll be more blood on politicians hands than their short-sightedness can fathom. Down with this popular/politically motivated laws!
Can you believe these clowns!? MPs, however, say they would rather deal with the mess when the possibility being advanced becomes a reality. “We are in the business of legislation and if indeed this will be bad for the economy as fronted by Treasury, then we shall correct it as necessary. Cde, hata bei ya mkate ipunguzwe basiLaughing out loudly
nkt! These guys smile another one, one Atwoli calling a transi strike when fuel has dropped 5 bob and Jan might be another 10% drop Laughing out loudly Laughing out loudly Matatu Owners are not workers Mr. Atwoli!! "Maworkers!!" (be well informed)
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  | | Edit by user: Tuesday, December 27, 2011 12:47 PM | Reason: Not specified
kizee1
#36 Posted : Tuesday, December 27, 2011 1:19:48 PM
Rank: Member

Joined: 9/29/2010
Posts: 679
Location: nairobi
guru267 wrote:
kizee1 wrote:
really? can u give me an example of a recession not caused by a monetary contraction just one really
@kizee I agree that recessions are caused by monetary contractions.. My argument is that not all monetary contraction ends in recessions if they are well managed... 1. Kenya is going through monetary contraction for 5 months.. do you see a recession?? 2. China is going through monetary contraction for a whole year.. do you see a recession?? 3. Uganda.... do you see a recession?? etc etc...
so whats your definition of a recession?both countries have seen reduced q/q growth..anyway i am having a headache having this argument...believe what u want man..its your God given right
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guru267
#37 Posted : Tuesday, December 27, 2011 1:35:10 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
kizee1 wrote:
so whats your definition of a recession?both countries have seen reduced q/q growth..anyway i am having a headache having this argument...believe what u want man..its your God given right
As long as growth is POSITIVE there is no recession whether it has reduced or not.. The official definition of a recession is two or more quarters of NEGATIVE NEGATIVE NEGATIVE NEGATIVE economic growth.. Have you seen any negative sign infront of any of these countries growth?? Have you read anywhere that these countries are in recession?? If you have please share!!
Mark 12:29 Deuteronomy 4:16
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Cde Monomotapa
#38 Posted : Tuesday, December 27, 2011 1:38:57 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Growth on top of growth (even at a slower rate) can never be a recession ama kizungu kigumu?
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Mkimwa
#39 Posted : Tuesday, December 27, 2011 2:16:31 PM
Rank: Member

Joined: 10/26/2008
Posts: 380
Either way, there will be reduced economic growth in 2012, i.e. 2012 economic growth will be less than that of 2011. The trend is set, recession or not. The fundamentals are supporting that trend, so are the technicals. Tough times to be in, cash remains King in such times.
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QW25081985
#40 Posted : Tuesday, December 27, 2011 3:13:18 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
ati recession mcheeeewww !
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