Banning mutumba cars/whatever else mutumba is the best thing that could happen to Kenya and the region. There is an economics paper written in 1970 that won the nobel prize featuring "lowered expectations" by the public where second hand cars were used as a model when studying information asymmetry (when fellas don't know exactly what is best for them). It is called "The market for lemons" Generally once the population starts accepting junk, the sellers/business people change modus operendi to supply even worse junk!! Talk of mutumba underwear, socks, bras e.t.c all beggining from mutumba suits. Acres upon acres in nairobi of squeezed houses without sewerage systems, pour sewage in the drainage's at night showers on top of the toilet e.t.c. Even in a "free market", goods/services/products that are injurious to the public should not be allowed.

A major implication for instance is when banks give loans to buy this junk, in japan the junks are sold for 2,500/- usd, their actual values, when the junk arrives in Kenya it is changed to 7,500/- usd by AA or or other "valuers", i.e the selling (market) price in Kenya, a bank then gives out tens of billions in loans to buy this junks and ends up with a loan book that has 3 times it's actual value in guaranteed assets booked (if you were to compare books/values internationally). What happens when a real natural "global" valuation by market forces takes place which is an unavoidable eventuality, same for the "junk" houses that will eventually need to be redeveloped and the values slashed? The junk is now worth 1000/- usd and the bank has a value of 7000/- usd in it's books.

Kenyans expectations were really lowered during the moi era where bludgeoning industries were killed by his spoilt brats and the same given "import licenses" to further destroy the economy. His brats were given exclusive license to import this junks in the 90's.

One of Kenyas main problems is this "crisis of lowered expectations" which Kenyans developed in the nyayo era. They grew immune to potholes, 20hour daily power blackouts, thieves, mitumba cars, corrupt police, unplanned quasi ghetto developments of gorafas with toilets in shower e.t.c and stopped saying hallo to each other on the streets which was common in the 70's early 80's, they became angry!!!

A good strategy to lift Kenyans expectations is needed, banning second hand cars is a good beginning. Otherwise we shall end up at best like mexico or brazil, a "sprawling ghetto of a country".

Banning mutumba cars/whatever else mutumba is the best thing that could happen to Kenya and the region. There is an economics paper written in 1970 that won the nobel prize featuring "lowered expectations" by the public where second hand cars were used as a model when studying information asymmetry (when fellas don't know exactly what is best for them). It is called "The market for lemons" Generally once the population starts accepting junk, the sellers/business people change modus operendi to supply even worse junk!! Talk of mutumba underwear, socks, bras e.t.c all beggining from mutumba suits. Acres upon acres in nairobi of squeezed houses without sewerage systems, pour sewage in the drainage's at night showers on top of the toilet e.t.c. Even in a "free market", goods/services/products that are injurious to the public should not be allowed.

A major implication for instance is when banks give loans to buy this junk, in japan the junks are sold for 2,500/- usd, their actual values, when the junk arrives in Kenya it is changed to 7,500/- usd by AA or or other "valuers", i.e the selling (market) price in Kenya, a bank then gives out tens of billions in loans to buy this junks and ends up with a loan book that has 3 times it's actual value in guaranteed assets booked (if you were to compare books/values internationally). What happens when a real natural "global" valuation by market forces takes place which is an unavoidable eventuality, same for the "junk" houses that will eventually need to be redeveloped and the values slashed? The junk is now worth 1000/- usd and the bank has a value of 7000/- usd in it's books.

Kenyans expectations were really lowered during the moi era where bludgeoning industries were killed by his spoilt brats and the same given "import licenses" to further destroy the economy. His brats were given exclusive license to import this junks in the 90's.

One of Kenyas main problems is this "crisis of lowered expectations" which Kenyans developed in the nyayo era. They grew immune to potholes, 20hour daily power blackouts, thieves, mitumba cars, corrupt police, unplanned quasi ghetto developments of gorafas with toilets in shower e.t.c and stopped saying hallo to each other on the streets which was common in the 70's early 80's, they became angry!!!

A good strategy to lift Kenyans expectations is needed, banning second hand cars is a good beginning. Otherwise we shall end up at best like mexico or brazil, a "sprawling ghetto of a country".