Milei-sexuals seeing dust...

Denis Young

Elder Lister
It was not long ago, maybe an year or so when the usual suspects on this platform, the echo chamber buddies, the Gen-Z cheerleaders, were telling me how Milei was the best thing since sliced bread.

A year later, not only is Milei facing a revolution in the streets, but the Argentinian economy is in desperate need of a bailout, else it collapses.



Meanwhile, looking back home, the economy has already kicked into revival despite the Gen-Z's (and their cheerleaders) best efforts to set it all on fire.

Stock market is up, reserves are up, FX inflows are up, credit ratings are up and our international bond's interest is falling as a result, interbank rate is falling making credit cheaper. With cheaper credit then the jobs will come and money will start flowing again. We are almost there.

Who would have thought that pragmatic economic policies produce the desired outcome? Not Milei-sexuals! They wanted to blow up Kenya and hope the pieces land in the right spot.

Cc @Okiya, @upepo, @DeepInYourMind, @mzeiya (Wamafirimbi)
 
It was not long ago, maybe an year or so when the usual suspects on this platform, the echo chamber buddies, the Gen-Z cheerleaders, were telling me how Milei was the best thing since sliced bread.

A year later, not only is Milei facing a revolution in the streets, but the Argentinian economy is in desperate need of a bailout, else it collapses.



Meanwhile, looking back home, the economy has already kicked into revival despite the Gen-Z's (and their cheerleaders) best efforts to set it all on fire.

Stock market is up, reserves are up, FX inflows are up, credit ratings are up and our international bond's interest is falling as a result, interbank rate is falling making credit cheaper. With cheaper credit then the jobs will come and money will start flowing again. We are almost there.

Who would have thought that pragmatic economic policies produce the desired outcome? Not Milei-sexuals! They wanted to blow up Kenya and hope the pieces land in the right spot.

Cc @Okiya, @upepo, @DeepInYourMind, @mzeiya (Wamafirimbi)

Mkuu is it true the govt is controlling the USD .I have been to KCB and Equity tried to negotiate the rate and they have fixed it at 131 .
 
It was not long ago, maybe an year or so when the usual suspects on this platform, the echo chamber buddies, the Gen-Z cheerleaders, were telling me how Milei was the best thing since sliced bread.

A year later, not only is Milei facing a revolution in the streets, but the Argentinian economy is in desperate need of a bailout, else it collapses.



Meanwhile, looking back home, the economy has already kicked into revival despite the Gen-Z's (and their cheerleaders) best efforts to set it all on fire.

Stock market is up, reserves are up, FX inflows are up, credit ratings are up and our international bond's interest is falling as a result, interbank rate is falling making credit cheaper. With cheaper credit then the jobs will come and money will start flowing again. We are almost there.

Who would have thought that pragmatic economic policies produce the desired outcome? Not Milei-sexuals! They wanted to blow up Kenya and hope the pieces land in the right spot.

Cc @Okiya, @upepo, @DeepInYourMind, @mzeiya (Wamafirimbi)

I guess you tagged me because I've praised Milei's economic reforms because the rest doesn't make sense.

The problem facing Argentina right now is that decades of artificially propping their currency has left it in a mess (does that sound familiar with the artificial KES price). Milei's goal of being dollar backed hit a snag because there are not enough reserves to back their local currency. Kenya is getting deeper and deeper into the same trap.

Meanwhile back home, Uhuruto implemented the planned poverty agenda while building shiny projects here and there to hoodwink Kenyans. These short term nice sounding metrics from Internet propagandists have near zero impact on daily lives of Kenyans cannot bring about an iota of change. The real change is cancelling odious debt followed by confiscating stolen wealth. It is a generational change needed.

Finally, using a term like 'Milei-sexual' is very weird. Same as someone saying 'Ruto-sexual' or 'Ndii-sexual' to ask you about issues of national importance.
 
Mkuu is it true the govt is controlling the USD .I have been to KCB and Equity tried to negotiate the rate and they have fixed it at 131 .
The shilling should be stronger actually but a strong shilling means less exports, which would be counterproductive to the balance of trade. We would import more than we export. The shilling is therefore "artificially weak".

As for the bank, unless you are exchanging big bucks they will always try and swindle you on the margins. Lazima wakule kidogo.
 
I guess you tagged me because I've praised Milei's economic reforms because the rest doesn't make sense.

The problem facing Argentina right now is that decades of artificially propping their currency has left it in a mess (does that sound familiar with the artificial KES price). Milei's goal of being dollar backed hit a snag because there are not enough reserves to back their local currency. Kenya is getting deeper and deeper into the same trap.

Meanwhile back home, Uhuruto implemented the planned poverty agenda while building shiny projects here and there to hoodwink Kenyans. These short term nice sounding metrics from Internet propagandists have near zero impact on daily lives of Kenyans cannot bring about an iota of change. The real change is cancelling odious debt followed by confiscating stolen wealth. It is a generational change needed.

Finally, using a term like 'Milei-sexual' is very weird. Same as someone saying 'Ruto-sexual' or 'Ndii-sexual' to ask you about issues of national importance.
How is Kenya getting into the same trap? We have the highest levels ever of FX reserves.

What shiny projects has Ruto implemented apart from a bond backed Stadium meant for AFCON 27'?

Finally, why isn't Milei cancelling Odius debts and confiscating stolen wealth?
 
It was not long ago, maybe an year or so when the usual suspects on this platform, the echo chamber buddies, the Gen-Z cheerleaders, were telling me how Milei was the best thing since sliced bread.

A year later, not only is Milei facing a revolution in the streets, but the Argentinian economy is in desperate need of a bailout, else it collapses.



Meanwhile, looking back home, the economy has already kicked into revival despite the Gen-Z's (and their cheerleaders) best efforts to set it all on fire.

Stock market is up, reserves are up, FX inflows are up, credit ratings are up and our international bond's interest is falling as a result, interbank rate is falling making credit cheaper. With cheaper credit then the jobs will come and money will start flowing again. We are almost there.

Who would have thought that pragmatic economic policies produce the desired outcome? Not Milei-sexuals! They wanted to blow up Kenya and hope the pieces land in the right spot.

Cc @Okiya, @upepo, @DeepInYourMind, @mzeiya (Wamafirimbi)

Him being the 2nd Trump impersonator in South America after Bolsonaro means I never supported his presidency. Thanks for also reminding this esteemed village that we still have Kenyans so keen to extend the murderous regime we currently have. We're truly never getting out of the block soon.
 
Him being the 2nd Trump impersonator in South America after Bolsonaro means I never supported his presidency. Thanks for also reminding this esteemed village that we still have Kenyans so keen to extend the murderous regime we currently have. We're truly never getting out of the block soon.
You are here because you are one of those claiming KK-nomics was not going to fix the economy and that Ruto didn't know what he was doing.

Now that it starting to dawn on you lot how wrong you were, the only thing you have left is 'murderous regime'. Can you even name a singular regime in this country where people didn't die in the streets?
 
You are here because you are one of those claiming KK-nomics was not going to fix the economy and that Ruto didn't know what he was doing.

Now that it starting to dawn on you lot how wrong you were, the only thing you have left is 'murderous regime'. Can you even name a singular regime in this country where people didn't die in the streets?
You probably also wear shoes with wet socks.
 
How is Kenya getting into the same trap? We have the highest levels ever of FX reserves.

What shiny projects has Ruto implemented apart from a bond backed Stadium meant for AFCON 27'?

Finally, why isn't Milei cancelling Odius debts and confiscating stolen wealth?
The bulk of dollar reserves is additional debt. Taking more loans to pay off current loans and postpone the consequences of debt repayment to a future govt, it doesn't get more artificial than that. In short, they have done a fuliza on your children and grandchildren's livelihoods. Planned poverty of generations fueled by odious debt. Meanwhile, they are stacking wealth for their own children outside the country with the help of neocolonialist handlers.

Infact this will turn out much worse than the Argentinian case if allowed to continue.
 
The bulk of dollar reserves is additional debt. Taking more loans to pay off current loans and postpone the consequences of debt repayment to a future govt, it doesn't get more artificial than that. In short, they have done a fuliza on your children and grandchildren's livelihoods. Planned poverty of generations fueled by odious debt. Meanwhile, they are stacking wealth for their own children outside the country with the help of neocolonialist handlers.

Infact this will turn out much worse than the Argentinian case if allowed to continue.
This is just being ignorant. How are reserves rising if you are borrowing to repay loans. Isn't that transaction net-zero?

Are you so clueless about remittances? CBK purchasing FX in the market? Reduction in balance of trade meaning we are not spending too much of our reserves.

It is the very reason Kenya is going to IMF for a funded program so that they use those loans to manage liquidity challenges, so we are not dipping excessively into our reserves. But you wouldn't know that, would you?
 
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The bulk of dollar reserves is additional debt. Taking more loans to pay off current loans and postpone the consequences of debt repayment to a future govt, it doesn't get more artificial than that. In short, they have done a fuliza on your children and grandchildren's livelihoods. Planned poverty of generations fueled by odious debt. Meanwhile, they are stacking wealth for their own children outside the country with the help of neocolonialist handlers.

Infact this will turn out much worse than the Argentinian case if allowed to continue.
Your first mistake was assuming @Denis Young is even Kenyan top begin with. :ROFLMAO:
 
This is just being ignorant. How are reserves rising if you are borrowing to repay loans. Isn't that transaction net-zero?

Are you so clueless about remittances? CBK purchasing FX in the market? Reduction in balance of trade meaning we are not spending too much of our reserves.

It is the very reason Kenya is going to IMF for a funded program so that they use those loans to manage liquidity challenges, so we are not dipping excessively into our reserves. But you wouldn't know that, would you?
Kenya is surviving on loans right now, without loans while servicing odious debt it would have to invent money out of thin air to just manage recurrent expenditure, let alone raise reserves.

Planned multigenerational poverty.
 
Kenya is surviving on loans right now, without loans while servicing odious debt it would have to invent money out of thin air to just manage recurrent expenditure, let alone raise reserves.

Planned multigenerational poverty.
Odious debt charlatans have no solution for managing the debt crisis other than denying the existence of the debt otherwise known as defaulting.
 
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