@MigunaMiguna@X@JohnMbadiN@JunetMohamed@WilliamsRuto “As they did that, most pupils in rural Kenya are forced to learn under trees or in dilapidated structures; tens of thousands of children die of malaria”
Do you have facts or numbers on this statement?
Anyway I agree with most things you pointed at.
Let me say this: I think he is being dishonest when he says Kenya can simply “stop paying debt” because “we have no debt.”
That is not how this debt works.
If Kenya suddenly chose that path, it would automatically default, and once we default, this is what would happen:
-The shilling would likely collapse.
-Fuel, medicine, and food prices would spike higher.
-Investors would flee.
-Banks and pension funds holding government debt would be hit hard.
-International lenders would shut their doors.
-A massive dollar crisis would happen
Countries that tried similar paths include Argentina, which suffered currency crashes, inflation, shortages, unemployment, and years of instability.
Debt does not disappear because a politician declares it illegitimate. International courts, creditors, and markets do not operate on slogans.
The painful truth is this:
If your father uses your name to take a loan, you may hate it, but legally, the debt still follows your name.
The best solution we have is to audit every suspicious loan, recover stolen assets, prosecute those and jail responsible, stop corruption, renegotiate unfair debt, and rebuild the economy responsibly.
This may not sound revolutionary.
But it is reality.