Queen wrote:Gathige wrote:murchr wrote:Gathige wrote:tinker wrote:I haven't had opportunity to visit other towns/cities in Senegal other than Dakar.
As to 'other regions being very very poor', I believe it has to start from somewhere and then trickle down.
@2012
I will for sure check their debt ratio [Mark Masai 😊😊] and report here. However, a simple analysis would tell it is not as high as ours because;
1. I hear there is very low corruption, if any,in Senegal.
2. The new roads are 'pay for use' meaning it was a puplic-private partnership.
3. Its not the Chinese who are developing Dakar,😊😊.
@Mpobiz.
Am just appreciating how fast we (Africa) can develop if we had our priorities right as a people.
The sooner we accept that others are doing their part the better, for we will start asking those hard questions as why it cannot be done in Kenya.
@tonker,3. Its not the Chinese who are developing Dakar,😊😊. Most of the Global money in circulation is hedged to the Chinese Yuan. Most Infrastructure projects from Europe to Africa have a Chinese element in them. Uncle MAGA and the Euro fanatics no longer lend
Woi why are you bursting that bubble that fast?
Help yourself tinker
https://www.cia.gov/libr.../rankorder/2186rank.html
Kumbe Gambling iko na pesa. Macau owes no one a dime.The casinos there bring the cash.KE tuko no 85 at 55%. The way there is so much noise one would think we are top of the world in external debts
The funniest thing about the list is that the famous China is ironically at position
111. Crazy statistics.
47% of GDP is very healthy. Not all debt is bad, debt =using other people's money to make some of your own ofcourse who you borrow and at what interest rate and how long you will take to pay it back matters.
Most of the Chinese debt and even Japanese debt is owed to it's people (bonds and the likes)
As for gambling, the house always wins
Ps* Mark Masai was waaaaay ignorant in his answer. Goes to show these journalists never research anything.
"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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