Regarding funding the repeat election

kah tony

Village Elder
#23
That was 2016, you dumb f**k.

And by the way derivatives was just an example. I don't even think you understand what the meaning of selling short is!
You started on the wrong foot by asking, "where did that money go?"

Furthermore, I also didn't think it's possible to trade derivatives in the NSE.

Please explain how one can short sell without the above vehicle. I'll be very interested to learn something new.

Thanks.
 

mtadao

Village Elder
#24
There's some talk about how politicians are going to afford running another campaign right after spending so much money in the last election.

Someone (politician) knew before hand what the decision of the court was going to be. To find out who just look at who behaved weirdly the day before the judgment was handed down (hint: for the first time in their career, they asked wananchi to be calm and peaceful instead of issuing threats of mass akson).

Fact number two is that the stock market lost KES 55 billion in one day.

Idle question: where do you think that 55 billion went?
That's paper money
 

Amused

Village Elder
#25
You started on the wrong foot by asking, "where did that money go?"
Who in their right mind would think that I was referring to someone walking to a counter and demanding cash? It takes quite a stretch of imagination to assume that.

Furthermore, I also didn't think it's possible to trade derivatives in the NSE.
I asked this question and was answered with demeaning posts that question the intellect. As far as I know, derivatives have been trading since Dec/Jan. I know they have been tested for sure but I cannot vouch for widespread usage.
Do you see how different the conversation is when you remove the greenhorn "uncouthness"?

I also don't understand what people think 'paper money' is. My suspicion is that this term is used colloquially to mean money you can't use. How wrong! This is 2017. There is no money you can't use.

PS: I won't bother explaining what shoring is. You do know.
 
#26
Is it true that when the Market crashed that Jack Ma and his fellow billionaire buddies bought most of the stocks in the NSE? kuna video Fulani ina do rounds kule mukuru kwa zuckerbug.
 

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