No Reprieve Soon

The.Black.Templar

Elder Lister
Staff member
The problem we are facing now is 90% contributed by jubilee 2013-2017. If market forces are left to determine prices tutalia

FX is controlled
Subsidies here and there
Bank interest rates were controlled
We have been through worse and somehow the country and its people have survived through it all....even now, despite increase in petrol prices there will still be crazy traffic in the coming weeks...even if beer taxes were increased club's will still thrive.


Based on the data above the population seems to be doing better year on year apart from when covid struck which was the worst economic period this country has ever experienced in the recent past, and its seems Kenyans have quickly recovered from it. Even this one I doubt your prediction is right that Kenyans will suffer enmasse
 

Okiya

Elder Lister
We have been through worse and somehow the country and its people have survived through it all....even now, despite increase in petrol prices there will still be crazy traffic in the coming weeks...even if beer taxes were increased club's will still thrive.


Based on the data above the population seems to be doing better year on year apart from when covid struck which was the worst economic period this country has ever experienced in the recent past, and its seems Kenyans have quickly recovered from it. Even this one I doubt your prediction is right that Kenyans will suffer enmasse
Do you want to survive or to thrive?
Because even chokoras survive. Even Lebanon, Venezuela, Syria, Zimbabwe people are surviving. Even if KRA triples it's taxes people will still survive.

If yours is about surviving then no need to discuss further.
 

Aviator

Elder Lister
Just curious.
If inflation goes up, and the govt adjusts taxes to cover this, doesn't this result to a higher inflation level?
I know am thick on matters economy, so @Okiya your input will be appreciated
 

The.Black.Templar

Elder Lister
Staff member
Surviving we shall. The thriving part is what you are avoiding to explain. Do you have data projecting people will thrive?
We need to define thrive first, maybe your definition of thriving is people buying more cars? The chart below shows how Kenyans are doing for the last 10 years
1663396636072.png

Or its in the purchase of new houses? Housing data is hard to come by in the country, but you can look at your circle of friends.

The increase in bodaboda saccos too means that their members are doing OK.

More and more Kenyans seem to be taking holidays in exotic locations going by the thriving local tourism companies, they hardly share their data but business seems to be doing well after the covid manenos

What do you mean by thriving?
 

Okiya

Elder Lister
What do you mean by thriving?
A simple definition from google: To survive means to continue to live or exist in spite of danger, whereas to thrive means to grow, develop and prosper.

In terms of businesses, KQ, Eveready, Uchumi etc are surviving. I'm surprised you want me to look at my friends to determine whether the entire population of Kenyans are doing well or not. Isn't that too simplistic?

I didn't understand the chart you put was about what. Do you have data showing Kenya living below poverty line between 2013-2019?
 

The.Black.Templar

Elder Lister
Staff member
A simple definition from google: To survive means to continue to live or exist in spite of danger, whereas to thrive means to grow, develop and prosper.

In terms of businesses, KQ, Eveready, Uchumi etc are surviving. I'm surprised you want me to look at my friends to determine whether the entire population of Kenyans are doing well or not. Isn't that too simplistic?

Do you have data showing Kenya living below poverty line between 2013-2019?
If that is the definition then check the first link it shows growth via a declining poverty rate. Owning a vehicle is a sign of prosperity in kenya thus the second graph. There is no data on housing so the best I can direct you is looking at your circle.
 

Okiya

Elder Lister
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