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Is this where Kenya is headed ?
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kiash
#1 Posted : Saturday, August 16, 2014 2:23:27 PM
Rank: Veteran

Joined: 4/27/2010
Posts: 951
Location: Nyumbani
http://www.nation.co.ke/.../-/7kh42gz/-/index.html

I read this article and could not help but wonder is that where we are heading ?
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lochaes
#2 Posted : Saturday, August 16, 2014 4:21:49 PM
Rank: New-farer

Joined: 6/30/2014
Posts: 86
Location: nairobi
Sounds like an excerpt from the 'Confessions of an economic hitman'
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murchr
#3 Posted : Saturday, August 16, 2014 5:38:10 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
lochaes wrote:
Sounds like an excerpt from the 'Confessions of an economic hitman'


Indeed, I wish we'd spend more money on income generating ventures. Thika rd gobbled up +27B yet we cannot say how much that road is bringing into the economy.
"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
.
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  | | Edit by user: Saturday, August 16, 2014 6:02 PM | Reason: Not specified
XSK
#4 Posted : Saturday, August 16, 2014 7:30:52 PM
Rank: Veteran

Joined: 12/8/2009
Posts: 975
Location: Nairobi
murchr wrote:
lochaes wrote:
Sounds like an excerpt from the 'Confessions of an economic hitman'


Indeed, I wish we'd spend more money on income generating ventures. Thika rd gobbled up +27B yet we cannot say how much that road is bringing into the economy.


@murchr

Thika road was discussed in this forum kwa mapana na marefu. Just search for it.
You will know that you have arrived when money and time are not mutually exclusive "events" in you life!
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murchr
#5 Posted : Saturday, August 16, 2014 8:09:10 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
XSK wrote:
murchr wrote:
lochaes wrote:
Sounds like an excerpt from the 'Confessions of an economic hitman'


Indeed, I wish we'd spend more money on income generating ventures. Thika rd gobbled up +27B yet we cannot say how much that road is bringing into the economy.


@murchr

Thika road was discussed in this forum kwa mapana na marefu. Just search for it.


I know, i did contribute and yes I was thinking aloud
"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
.
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whiteowl
#6 Posted : Saturday, August 16, 2014 10:03:21 PM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
debt = slavery and that's the route we are headed. Somehow the bureaucrats think the oil will fill the budget black hole they're creating.
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Mukiri
#7 Posted : Sunday, August 17, 2014 12:02:42 AM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
An unfortunate picture. And with revenues ever dwindling (tourism etc), if oil doesn't sort us out...Pray

Proverbs 19:21
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lochaes
#8 Posted : Sunday, August 17, 2014 8:09:46 AM
Rank: New-farer

Joined: 6/30/2014
Posts: 86
Location: nairobi
keeping our savings in dollars will be a good idea, amvipi?
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obiero
#9 Posted : Sunday, August 17, 2014 8:54:22 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,477
Location: nairobi
Kenya is headed to a place much worse.. Atleast the Ghanains dont hate each other as a people
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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tycho
#10 Posted : Sunday, August 17, 2014 9:24:27 AM
Rank: Elder

Joined: 7/1/2011
Posts: 8,804
Location: Nairobi
Are these the same people who were celebrating Mutua's development agenda crying 'Mutua for President' and 'PK for running mate'? Or is it the other way round?

Ok, let's wait for newspaper reports and analyses to wake up. Lol, someone is even saying we should have savings in dollars! We need more dollars to pay our debts and get imports.

The water is boiling and the poor frog has no clue.
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