CalvinO

Just Me.

[Cyprian, Is Nyakundi @C_NyaKundiH]

After SACCOs, Banks And M-Pesa Are Next As Kenyans Become Guarantors For A Debt Crisis They Never Ate

Kenyans must stop asking why Kenya has not defaulted and start asking who is being prepared to carry the default when the music finally stops.

Ghana was here.

Sri Lanka was here.

Zambia was here.

Argentina was here.

Lebanon was here.

The script is always the same, because a broke government borrows until lenders get tired, taxes until citizens are dry, leans on banks until credit disappears, pushes pain into pensions and domestic savings, then tells the public that sacrifice is needed to save the country.

That is why the SACCO story should scare Kenyans more than they currently seem scared, because SACCO savings are not government money, they are the private sweat of teachers, police officers, nurses, farmers, matatu people, boda riders, mama mbogas, small traders and workers who ran there after banks abandoned them.

In every default story, the government does not stand alone at the edge of the cliff, because it drags citizens there as guarantors through inflation, taxes, currency pain, bank losses, pension restructuring, frozen credit and forced patriotic nonsense dressed up as national recovery.

Banks already formed a comfortable debt circle with government, where lending to Treasury became safer and sweeter than lending to SMEs, which slowly choked biashara, starved the real economy and turned ordinary Kenyans into beggars inside their own banking system.

Now the same government that fed banks with public debt is walking into SACCOs, looking at the last pool of money ordinary Kenyans still controlled after taxes, deductions, mobile money charges, fuel prices, school fees and rent had already eaten their pockets.

The anus cannot be stitched to stop diarrhoea.

A debt crisis cannot be solved by raiding SACCOs, squeezing banks, eyeing M-Pesa, selling public assets and pretending that every desperate grab is an infrastructure plan.

Ghana called it domestic debt exchange.

Sri Lanka called it restructuring.

Argentina called it emergency controls.

Lebanon left people staring at bank balances they could not freely touch.

Kenya will give it a cleaner name, maybe national development, domestic resource mobilisation, infrastructure financing or patriotic investment, but the meaning will be the same.

The citizens are being prepared as guarantors for debts they never ate.

Kenyans are not angry enough, because if they understood where this road ends, they would know SACCOs are not the final target, they are the warning shot before banks, M-Pesa and every private pool of money still breathing outside Treasury’s hands.

The money is finished.

[Moe @moneyacademyKE]

NTSA says instant traffic fines are not paid through eCitizen to help protect motorists from fraud.

Director General Nashon Kondiwa says drivers must pay at KCB branches or agents so they can verify the payment reference before making any payment.

[Essie @EcEssie]

🤣🤣🤣some people are very creative

[Steve Inman @SteveInmanClips]

No one taught him manners, until today.

[Ciru Muriuki 🇰🇪🪬 @CiruMuriuki]

And we have the same number of World Cups 🤭

[CalvinO @Calvin_Obiz]

@FleezusChristt1 @softlife_8099 @Nurapost Africa and Asia can leave without the US, but US cannot survive without the world! You lack originality! Your wealth is built on the backbones of asians and africans.

[Bureau-39 @Ojayy031]

Hanifa place imefika you can as well gather those ladies and form your own political party and be the party leader kama kina Oburu.

[CalvinO @Calvin_Obiz]

@satsnm @fit_ermined 😂😂

[Akal Simba @HonAkalSimba]

"usiguze Hio", "usiuze Hio", "usibomoe Hio", "usilete ugonjwa", "usiue hao", "usiongee hivyo"…

We are parenting a president.

[Crazy Kennar @crazy_kennar]

IMMIGRATION OFFICERS TREATING PEOPLE DIFFERENTLY BASED ON THEIR PASSPORTS 😂😂😂😂😂

[CalvinO @Calvin_Obiz]

@citizentvkenya Now I am 100% sure we're dealing with someone who is mentally unstable.

[Davji Bhimji Atellah @Davji]

Kenya is a sovereign republic, not a geopolitical isolation ward.

[CalvinO @Calvin_Obiz]

@Branicemercy Then you hear people saying ati alisomea botany study of plants! You need a serious brain kukaa class ya botany buana! Hii ni ya kufungua kanisa na kuwa pastor..who were his course mates!?

[CalvinO @Calvin_Obiz]

@ntvkenya Africa can survive without the world, but the world cannot survive without africa..nashangaa why we respect hawa foreigners that much!!

[CalvinO @Calvin_Obiz]

@moneyacademyKE Hii account itakuja kuniua siku moja! Bad news kila siku!

[CalvinO @Calvin_Obiz]

@KrutikaKuppalli Very soon I see us heading the sri lanka way! This government is more than getting on our nerves!

[CalvinO @Calvin_Obiz]

@USForeignAssist Americans are busy stealing diamonds and gold and other rare minerals from congo, and you enjoy the loot! But when they're sick from the disease you created in your laboratories, you want to send them to kenya! Never!

[CalvinO @Calvin_Obiz]

@USForeignAssist Stop your biological weapon research. You manufacture diseases and then pretend to solve the problem you created! Bure kabisa! Jinga sana!

[Hon. Peter Salasya @pksalasya]

My take on naivasha retreat by western leaders .My thought though 🤔

[CalvinO @Calvin_Obiz]

@gladyswanga When comments are more than likes, think twice!