Happiness (if you want it):*
1. Meet basic needs
2. Avoid cheap dopamine
3. Leave the past alone
4. Limit desires to ones achievable at the edge of your capability
5. Find something beyond yourself (mission, children, God)
*Most people want something else.
@MwangoCapital So stupid for the government to pay 18% tax less interest for infrastructure development or anything else. It’s a complete scam to pay such high interest rates for infrastructure, and we, the taxpayers are the ultimate victims.
The real problem is that after decades of so called progress - these commodities are still our biggest exports. It’s the failure of the government to craft sustainable plans for industrialization, and the influence of the unholy trinity of the imf, world bank and wto that are keeping us here.
Debt will kill this country if we are not careful. Fortunately, debt is seen a proportion of GDP. So what really matters is our ability to create and sustain rapid economic development. That is done through industrial policy - which is policy that directly protects and nurtures local industries, creating opportunities for local entrepreneurship, and highly productive jobs. Why haven’t we done it yet? The unholy trinity of the world bank, imf and wto have made it impossible since the majority votes of the developed countries enable their corporations to make policies in developing countries that are only beneficial to them.
The real problem is that private debt is too expensive for the government - and this taxpayers. It causes financial repression since it takes away critical investable capital from the private sector, and puts it all into the government… that’s why bank loans are too expensive for businesses to use them for investment.
@jumaf3 Kenya and many other developing nations spend more on debt than education, health and other essential government services combined, unfortunately. Most of Africa’s debt is owed to Western financial institutions.
@iamkathambi I don’t understand this unscientific suspicion of GMOs. No health risks have been linked to them. Also GMOs yield more food, which can lead to lower prices and less starvation. It’s pretty obvious when you look at the facts
@ephraimnjegafan@WilliamsRuto The problem is bigger than any one person, it’s a destructive ideology called progressive neoliberalism that supports corporate interests of the most powerful organizations in the world.