Wazua
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of e-CON-omics and the $ at 100
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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A Recession by 1H 2012 if Shilling stays at this levels or keeps on weakening!!!!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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the deal wrote:A Recession by 1H 2012 if Shilling stays at this levels or keeps on weakening!!!! This recession is coming, but people will keep hoping and hoping for the best instead of preparing...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 8/29/2008 Posts: 573
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HISAH: Ever heard of Mugambe's Zimbabwean dollar ? We need to start using USD in local,kenyan transactions and dump the worthless shilling.
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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Ali Baba wrote:HISAH: Ever heard of Mugambe's Zimbabwean dollar ? We need to start using USD in local,kenyan transactions and dump the worthless shilling. Its already happening... Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 11/13/2008 Posts: 1,565
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Njung'e wrote:104.15.....This is unacceptable! I saw similar number's on someone's facebook status update together with some obscure ranting and for a moment I wondered which FM station they were referring to...
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Rank: Veteran Joined: 7/8/2008 Posts: 947
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hisah wrote:the deal wrote:A Recession by 1H 2012 if Shilling stays at this levels or keeps on weakening!!!! This recession is coming, but people will keep hoping and hoping for the best instead of preparing...
How do you prepare??
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Rank: Member Joined: 1/3/2011 Posts: 129 Location: Nairobi
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tony stark wrote:hisah wrote:the deal wrote:A Recession by 1H 2012 if Shilling stays at this levels or keeps on weakening!!!! This recession is coming, but people will keep hoping and hoping for the best instead of preparing...
How do you prepare?? Ensure your portfolio has a significant portion of CASH balance, treasury securities. i would say upwards of 45-65%. If you have any offshore invst. i would say move into dollar-denominated funds.
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Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
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SAC Cohen wrote:Ensure your portfolio has a significant portion of CASH balance, treasury securities. i would say upwards of 45-65%.
If you have any offshore invst. i would say move into dollar-denominated funds. Cash IS king. ..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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tony stark wrote:hisah wrote:the deal wrote:A Recession by 1H 2012 if Shilling stays at this levels or keeps on weakening!!!! This recession is coming, but people will keep hoping and hoping for the best instead of preparing...
How do you prepare?? @Proverb & Cohen have pointed it out. I'm a fan of KE T-bills at the moment.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Whatever happened to the talk about the Dollar is weak and should be trashed for the Yuan, oh how times change. But then again, talk is cheap.
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of e-CON-omics and the $ at 100
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