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Kenya Shilling Strong?
Mwekahazina
#31 Posted : Thursday, September 24, 2009 7:45:00 PM
Rank: Member

Joined: 11/13/2008
Posts: 21
@Solloh - I hope more people see through this fog. Debt monetization is an issue that will won't go away. Read Prof. Paul Krugman's articles in the NY Times in 2005 and 2009. Quote,his 2009,August 28 blog '...Which brings me to a question a number of people have raised: maybe we can pay the interest,but what about repaying the principal?' http://krugman.blogs.nyt...-burden-of-debt/?apage=2
VituVingiSana
#32 Posted : Thursday, September 24, 2009 8:13:00 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Kenya remains a net importer... and unless it rains... the KES is on a one way trip down... A country that imports massive amounts of food (without any other significant exports is f****d). Kenya is not Singapore or UAE or UK...

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Mainat
#33 Posted : Monday, September 28, 2009 8:15:00 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Sillingi closed at 75.90 today...

www.mjengakenya.blogspot.com
Sehemu ndio nyumba
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