Bei ni 150

150 to the dollar. Situation is not very good. Infact 150 is a good number, and it will happen when the oil traders start cashing their credits, there will be a surge in demand for dollars in Kenya following the oil for credit program the government implemented. Its coming in the next few months.

But this dollar will be crossing 200 very soon. David Ndii tweeted with debt service at 60% revenue, its either Salaries or Default, you pick. Theres no way government will default on salaries in Kenya. That would mean theres no government.

But lets revisit countries that defaulted. Srilankan Rupee jumped from 200/dollar to 360/dollar almost instantaneously in its April 2022 default and remains so today.
Zambian Kwacha dropped from 10/dollar to 20/dollar in 2019 when its default technically started.
Since December 2022 when Ghana went into debt default crisis, the Cedi has lost value from 6/dollar to 10/dollar.
Argentinian Peso lost half its value in its 2014 default crisis.

I dont know how much fuel will cost at the pump then. Or everything we import ( from medication to vehicles). But, its coming.

We need to dollarize our currency

Dollarization will increase demand for dollars and increase the price of dollars. This will in turn increase our overall debt figure in Kshs hence more taxes needed to pay back debt…

Kinaturamba kama fwaken. Jsks adherents mlitufanyia maneno

Muganga wud have bn worse with Konyagi in the background. Konyagi messed the nation for 10 GOP years

Mnakumbuka “tupige kura haraka twende birthday” in 2017. Matokeo haya sasa.

[SIZE=5]A collapsed Economy may be the wake up call that Kenyans badly need …
Then it will be time for a Sankara , Magufuli or Kagame …
Serious illness requires serious Medicine …[/SIZE] :rolleyes:

Years of Kenyans voting with their brains in their asses at that most important time is finally catching up

I don’t give a damn fuck

I blame uhuru muigai the guy borrowed 7trillion in 10yrs very unecessary .Most of this money was stolen .He borrowed more than all previous governments

[SIZE=5]You will when your Monthly Salary will be unable to cater for normal regular Bills and Expenses …[/SIZE]