Kumbe Wanjigi can make sense

[Denis Young]

Ameambia wamonyoro adherents that even if they succeeded in defeating Ruto in 2027, Kenyans would turn on them within 3 months over economic hardships and debt.

 

[Young_Turk]

Ameambia wamonyoro adherents that even if they succeeded in defeating Ruto in 2027, Kenyans would turn on them within 3 months over economic hardships and debt.

Obviously.

Thats why we are politiking.

May the best candidate win.

Konokono wewe.

 

[DeepInYourMind]

Yes, the debt needs to be audited and any illegal debt disowned

 

[Denis Young]

Yes, the debt needs to be audited and any illegal debt disowned

There is nothing like illegal debt.

 

[DeepInYourMind]

There is nothing like illegal debt.

Ok. Call it odious debt then if you are into technicalities

 

[Denis Young]

Ok. Call it odious debt then if you are into technicalities

That, equally, is a theory peddled by people who have no solution for the debt problem. Money was borrowed and money was stolen. It is not the responsibility of the lender to police how you spend the money. When you misuse it and then say you won't pay because the money was not used for the intended purpose, you will be considered in default and nobody will lend you money.

What then would you do when your budget has a 800B expenditure deficit hole in it every year?

 

[DeepInYourMind]

That, equally, is a theory peddled by people who have no solution for the debt problem. Money was borrowed and money was stolen. It is not the responsibility of the lender to police how you spend the money. When you misuse it and then say you won't pay because the money was not used for the intended purpose, you will be considered in default and nobody will lend you money.

What then would you do when your budget has a 800B expenditure deficit hole in it every year?

The eurobond is a well known international scam where corrupt regimes saddle their people with debt. The leaders privatize the gains but socialize the costs. It's the citizens left paying the massive debts.

 

[Denis Young]

The eurobond is a well known international scam where corrupt regimes saddle their people with debt. The leaders privatize the gains but socialize the costs. It's the citizens left paying the massive debts.

True. Now go and tell that to the bond holders and see if they care?

 

[DeepInYourMind]

True. Now go and tell that to the bond holders and see if they care?

The sovereign should not care about what the scam-enablers think

 

[Denis Young]

The sovereign should not care about what the scam-enablers think

You have drank the cool-aid, I am afraid.