Kenya’s Credit rating to be downgraded -Moody’s

[blueline]

@LeoK

just so we are crystal clear if the choice was between a dog and yule jamaa a quadrupled canine it is.

:D:D:D:D:D:D:eek::eek:

[LeoK]

@ScotlandYard

Great,yentl.

A brainless ewe has no choice though.

But just so you know your vote is immaterial as UOTP is an unstoppable reality.

Actually that would be your people bearing it all on national TV.

[Mjuaji]

Wamelipwa na NASWA

WATANJUI HAWANJUI.

DECLINING IMPERIAL POWERS.

[Mjuaji]

@ScotlandYard

Na Mungiki hapa wanajifanya hawaoni how these guys are fucking up the country.

They are best at telling us how they’ll deal with Mwilu & Maraga.

[AMB_Sunday]

Thanks to the Tano Tena Crew. UoTP

[FieldMarshal_CouchP]

@LeoK

just so we are crystal clear if the choice was between a dog and yule jamaa a canine it is.

Brutal. Totally nasty…

[Doc_Oga]

@ScotlandYard

Na Mungiki hapa wanajifanya hawaoni how these guys are fucking up the country.

@ScotlandYard

Brilliant. What’s even better is that at PRK and with all the natural resources and brains we will start at ZERO DEBT.

http://farm9.staticflickr.com/8300/7816335264_2f01d0f192_z.jpg

[NMK]

wah! Man the good/bad thing is that it affects all of. A Moody’s downgrade means the rates on your existing loans increase plus from then your borrowing from both internal and external sources will attract a higher rate. Basically its a CRB for nations and large organizations in a nutshell. We are in all this together. On a side note, the quality of discussions on such topics kwa kijiji went to the dogs. It’s a lil bit sad kiasi.

[Kenjatta]

Hwa ni Kenya wanauza.

[ScotlandYard]

@NMK

wah! Man the good/bad thing is that it affects all of. A Moody’s downgrade means the rates on your existing loans increase plus from then your borrowing from both internal and external sources will attract a higher rate. Basically its a CRB for nations and large organizations in a nutshell. We are in all this together. On a side note, the quality of discussions on such topics kwa kijiji went to the dogs. It’s a lil bit sad kiasi.

This village has become a cesspool of UOTP/RWNBP supremacy battles and personal attacks. Notice how this topic has been given a wide berth because the main topic on the menu is Chupi Fridays. Objectivity should be least of your expectations.

[LeoK]

@ScotlandYard

This village has become a cesspool of UOTP/RWNBP supremacy battles and personal attacks. Notice how this topic has been given a wide berth because the main topic on the menu is Chupi Fridays. Objectivity should be least of your expectations.

Pot calling kettle black.

[NMK]

@ScotlandYard

This village has become a cesspool of UOTP/RWNBP supremacy battles and personal attacks. Notice how this topic has been given a wide berth because the main topic on the menu is Chupi Fridays. Objectivity should be least of your expectations.

shit happens.

[bouss]

Tuliambiwa it’s good debt. Ngoja goodies that were promised during the campaign ziongezwe kwa hiyo credit card.

[NMK]

@bouss

Tuliambiwa it’s good debt. Ngoja goodies that were promised during the campaign ziongezwe kwa hiyo credit card.

its not good debt if you borrow to pay another debt. one of the reasons Moody’s wants to downgrade.

[WuTang]

@NMK

wah! Man the good/bad thing is that it affects all of. A Moody’s downgrade means the rates on your existing loans increase plus from then your borrowing from both internal and external sources will attract a higher rate. Basically its a CRB for nations and large organizations in a nutshell. We are in all this together. On a side note, the quality of discussions on such topics kwa kijiji went to the dogs. It’s a lil bit sad kiasi.

The only sensible comment.

[slevyn]

All fun and games until tufike crisis where retired are not getting their pensions, massive job losses, failed banks abs institutions kama greece

[K-LIST_DON_DADA]

Bado tu kidogo Kenya iuziwe Rothschild family… kwanza vile tuko na mafuta sai.

[NMK]

Shit just hit the fan real good. Moody 's is also set to downgrade Equity, KCB na Coop. This is due to them holding large amounts of government treasury bills. Like I said we all get hit. http://www.kbc.co.ke/business/moodys-plans-downgrade-three-kenyan-banks/

[kah_tony]

@ScotlandYard

This village has become a cesspool of UOTP/RWNBP supremacy battles and personal attacks. Notice how this topic has been given a wide berth because the main topic on the menu is Chupi Fridays. Objectivity should be least of your expectations.

Moody’s rating is a composite scale. It does not depend on one or two things but numerous elements in the economy and society . The article mentions only two things but I can categorically state that political stability also goes into that bucket. So we cannot solely blame Uhuru and Ruto. GDP is a factor of these elections since output has decreased, spending on two elections and non essential stuff has also increased, like tear gas.
So whoever tells you Moody’s downgrade is because of increased debt only…that will be a lie. Just the other day we were upgraded to developing country status during Uhuru Ruto regime, wasn’t the debt level high at that time?

Raila has brought this country’s economy to its knees more times than anyone in history. A coup, PEV and a constitutional crisis. Credit where it’s due, he is the father of democracy.

[LeoK]

@kah tony

Moody’s rating is a composite scale. It does not depend on one or two things but numerous elements in the economy. The article mentions only two things but I can categorically state that political stability also goes into that bucket. So we cannot solely blame Uhuru and Ruto. GDP is a factor of these elections since output has decreased, spending on two elections and non essential stuff has also increased, like tear gas.
So whoever tells you Moody’s downgrade is because of increased debt only…that will be a lie. Just the other day we were upgraded to developing country status during Uhuru Ruto regime, wasn’t the debt level high at that time?

Raila has brought this country’s economy to its knees more times than anyone in history. A coup, PEV and a constitutional crisis. Credit where it’s due, he is the father of democracy.

Imagine one power hungry maniac taking an entire nation down.