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Monk
#1 Posted : Thursday, December 28, 2017 1:11:06 PM
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Joined: 7/1/2009
Posts: 256
http://www.atimes.com/ar...as-debt-trap-diplomacy/

Is this what is in store for Kenya in another 5-10 years? What will we have to hand over to the Chinese? What will be the cost to the economy?
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UpcomingPaperChaser
#2 Posted : Thursday, December 28, 2017 1:36:16 PM
Rank: Member


Joined: 1/20/2015
Posts: 489
Location: Nairobi
Monk wrote:
http://www.atimes.com/article/sri-lanka-latest-victim-chinas-debt-trap-diplomacy/

Is this what is in store for Kenya in another 5-10 years? What will we have to hand over to the Chinese? What will be the cost to the economy?


it wont get there.....in 2018, oil prices will improve, kenya will start exporting her oil.....more income for us
Enjoy every moment of your life, you never know when your time will come.
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Monk
#3 Posted : Thursday, December 28, 2017 2:10:27 PM
Rank: Member


Joined: 7/1/2009
Posts: 256
UpcomingPaperChaser wrote:
Monk wrote:
http://www.atimes.com/article/sri-lanka-latest-victim-chinas-debt-trap-diplomacy/

Is this what is in store for Kenya in another 5-10 years? What will we have to hand over to the Chinese? What will be the cost to the economy?


it wont get there.....in 2018, oil prices will improve, kenya will start exporting her oil.....more income for us



There are many case studies of Oil turning out to be a curse rather than a blessing for countries with our level of corruption. Why do you think it's impact will be different in Kenya?
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jgithige
#4 Posted : Thursday, December 28, 2017 2:36:23 PM
Rank: Member


Joined: 7/10/2014
Posts: 145
Location: Nairobi
Monk wrote:
UpcomingPaperChaser wrote:
Monk wrote:
http://www.atimes.com/article/sri-lanka-latest-victim-chinas-debt-trap-diplomacy/

Is this what is in store for Kenya in another 5-10 years? What will we have to hand over to the Chinese? What will be the cost to the economy?


it wont get there.....in 2018, oil prices will improve, kenya will start exporting her oil.....more income for us



There are many case studies of Oil turning out to be a curse rather than a blessing for countries with our level of corruption. Why do you think it's impact will be different in Kenya?


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Ericsson
#5 Posted : Friday, December 29, 2017 12:10:10 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
By 2022 our debt owed to china will have crossed sh.2trillion.
One Belt one road initiative.
Recolonialism
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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