African Currencies Are Under Pressure Amid Higher-for-Longer US Interest Rates
Weaker currencies make the fight to curb inflation harder given the region’s dependence on imports
www.imf.org
stock market
- Thread starter wrongturn
- Start date
FYI, the current interest rate in US was similar to the rates in 2007. Below is how the Kenyan stock market was performing in 2007.
African Currencies Are Under Pressure Amid Higher-for-Longer US Interest Rates
Weaker currencies make the fight to curb inflation harder given the region’s dependence on importswww.imf.org
Debt?
What about debt?
Exactly!
Tiiga Waana
Elder Lister
You are really clutching at straws @The.Black.Templar.
That you are so desperate to find even the tinniest optimism in this murky situation should automatically inform you that Ruto and his Cohorts have messed up big time.
Wake up from your denial of their ineptitude and start demanding, like us, that matters be handled professionally not what @Mwalimu-G rightly calls “pata potea economics”.
Acceptance of a situation focusses the mind to finding a solution and cope with grieving.
I honestly don't think you know what you're saying hence the one word reply.
Was there any debt to talk about that time? Maybe you can compare the debt level too and come back with an answer...also tell us where that article is wrong...
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Things are being handled better than you think, farmers who benefitted from the fertilizer subsidies are now prepping for a harvest, the retired snd vulnerable folks are now receiving their money,....when we complained about the high cost of living, this is what your Leader said,
And btw, Kenya is yet to fail, you can continue praying harder for this to happen but it will not....Kenyans are resilient people
Tiiga Waana
Elder Lister
Don’t be a simpleton Mister to be so easily pleased and excited by nonsense.
Uhuru and Kibaki did all those things you are praising this lot for. And by the way, the Ksh was stronger then than now.
If Kenya were to fail, you and not me, will be guilty of aiding and abetting this current corrupt leadership and its mediocrity.
I challenge them every day to get off their butt and start working. As for you, @The.Black.Templar, you always have a chorus of praise and worship to the Mwizi.
I wonder how you will explain to your Children how you could sit comfortable and support a lacklustre regime who have no clue or idea how to run a country.
Mwalimu-G
Elder Lister
If you want us to discuss debt produce the debt register that even the Auditor General has not seen.
So the Strathmore student is right and the imf expert omis wrong? Ok
Let me leave you with these wise words...
Tiiga Waana
Elder Lister
The truth always hurts.
No hard feelings. We are Kenyans and all want the very best for Kenya.
You brought up the debt question. I answered you on that
And a student paper was the best answer you have?
Say it with your chest, that you want kenya to fail so you can prove a point, wacha wasi wasi
Tiiga Waana
Elder Lister
Putting words in my mouth won’t make Mwizi a good President. Mwambie aache corruption na akuwe na good manners Banae.
You cannot hide how you gloat at unfortunate events. The other day ati you were celebrating people eating poisoned rice, ati ili iwe funzo kwa wakikuyu...bure sana