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Uhuru heads to china
murchr
#121 Posted : Monday, August 19, 2013 8:01:54 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
harrydre wrote:
Justice League wrote:
http://www.standardmedia.co.ke/images/monday/PSCU.jpg

I'm shocked to see the size of the delegation to China. Are all these people really contributing anything to the trip? For sure there are lots of hangers on and attention seekers around our politicians.


yeah not good at all. The govt ends up spending too much money on transportation, accomodation and entertainment. Sad


The business delegation footed their bill, read UK's article
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
butterflyke
#122 Posted : Monday, August 19, 2013 8:09:03 PM
Rank: Elder

Joined: 5/1/2010
Posts: 3,024
Location: Hapa
Justice League wrote:
http://www.standardmedia.co.ke/images/monday/PSCU.jpg

I'm shocked to see the size of the delegation to China. Are all these people really contributing anything to the trip? For sure there are lots of hangers on and attention seekers around our politicians.


ask the families of the hangers on when they return...household contributions
Float like a butterfly, sting like a bee. - Muhammad Ali🐝
digitek1
#123 Posted : Monday, August 19, 2013 8:14:07 PM
Rank: Veteran

Joined: 2/3/2010
Posts: 1,797
Location: Kenya
harrydre wrote:
Justice League wrote:
http://www.standardmedia.co.ke/images/monday/PSCU.jpg

I'm shocked to see the size of the delegation to China. Are all these people really contributing anything to the trip? For sure there are lots of hangers on and attention seekers around our politicians.


yeah not good at all. The govt ends up spending too much money on transportation, accomodation and entertainment. Sad

most of these guys are paying their own way..rink pps
I may be wrong..but then I could be right
harrydre
#124 Posted : Monday, August 19, 2013 8:26:43 PM
Rank: Elder

Joined: 7/10/2008
Posts: 9,131
Location: Kanjo
digitek1 wrote:
harrydre wrote:
Justice League wrote:
http://www.standardmedia.co.ke/images/monday/PSCU.jpg

I'm shocked to see the size of the delegation to China. Are all these people really contributing anything to the trip? For sure there are lots of hangers on and attention seekers around our politicians.


yeah not good at all. The govt ends up spending too much money on transportation, accomodation and entertainment. Sad

most of these guys are paying their own way..rink pps


Hapo sawa.
i.am.back!!!!
murchr
#125 Posted : Monday, August 19, 2013 8:36:09 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
The world now cant do without China...the US and EU owe China more than $3T infact, China is the world's largest holder of foreign exchange reserves. Those reserves are growing all the time and currently stand at a record $3.44 trillion (the size of the German economy) China knows that Africa is the last frontier, this is the best place to invest and get good returns.
So If you were a decision maker, would you seek a loan from one charging an interest of 0.1% or another charging 2%? Of course the one charging you higher is looking for ways to settle his debt with China
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
poundfoolish
#126 Posted : Monday, August 19, 2013 9:13:11 PM
Rank: Elder

Joined: 12/2/2009
Posts: 2,458
Location: Nairobi
murchr wrote:
The world now cant do without China...the US and EU owe China more than $3T infact, China is the world's largest holder of foreign exchange reserves. Those reserves are growing all the time and currently stand at a record $3.44 trillion (the size of the German economy) China knows that Africa is the last frontier, this is the best place to invest and get good returns.
So If you were a decision maker, would you seek a loan from one charging an interest of 0.1% or another charging 2%? Of course the one charging you higher is looking for ways to settle his debt with China


Have you ever considered what will happen if 2 billion people decided to get their fair share of the national cake?
murchr
#127 Posted : Monday, August 19, 2013 9:43:43 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
poundfoolish wrote:
murchr wrote:
The world now cant do without China...the US and EU owe China more than $3T infact, China is the world's largest holder of foreign exchange reserves. Those reserves are growing all the time and currently stand at a record $3.44 trillion (the size of the German economy) China knows that Africa is the last frontier, this is the best place to invest and get good returns.
So If you were a decision maker, would you seek a loan from one charging an interest of 0.1% or another charging 2%? Of course the one charging you higher is looking for ways to settle his debt with China


Have you ever considered what will happen if 2 billion people decided to get their fair share of the national cake?


The people who think of sharing the National cakes are in Africa, Kenya in particular, other economies are thinking of growing their cake ...
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
washiku
#128 Posted : Monday, August 19, 2013 9:46:00 PM
Rank: Chief

Joined: 5/9/2007
Posts: 13,095
harrydre
#129 Posted : Monday, August 19, 2013 10:15:11 PM
Rank: Elder

Joined: 7/10/2008
Posts: 9,131
Location: Kanjo


Now here we see some results. Compare to some other delegation that went somewhere in Dallas.
i.am.back!!!!
thuks
#130 Posted : Monday, August 19, 2013 10:16:29 PM
Rank: Veteran

Joined: 10/8/2008
Posts: 1,575


Hili ni deni.. they will say!smile
I care!
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