Tapiwa

Zimbabwean 🇿🇼
MD, Speculator

[Tapiwa @Tapiwatan]

@M_Jay94 Govt doesn't need to print. Borrow from the domestic market (domestic currency) to build infrastructure.

It is stupidity to borrow foreign currency in order to build a school or road. Westerners don't borrow forex for roads

Afreximbank knows it & it's business for them.

[Tapiwa @Tapiwatan]

@M_Jay94 What does development finance do other than for consumption?

Do IFIs replace domestic credit creation?

[Tapiwa @Tapiwatan]

@M_Jay94 @iam_AmOla The auditors will be thieves

[Tapiwa @Tapiwatan]

@DengaBusiness @baba_nyenyedzi Private institutions have been offering emergency treatment since time immemorial.

New Act
- keep the child for 48hrs for free
- if child in govt hospital can go to private & get treatment for free
- Minister has the prerogative to decide whether private hospital can get paid

[Tapiwa @Tapiwatan]

@baba_nyenyedzi Loss of Grey Matter that comes with age

[Tapiwa @Tapiwatan]

@M_Jay94 The basis of their culture and sophistication is rooted in individual freedoma and a dynamic democracy

[Tapiwa @Tapiwatan]

@M_Jay94 The MPs are subject(puppets) of the Executive.

MPs will do what is in their own best interest

[Tapiwa @Tapiwatan]

@muvhitoriwe @DengaBusiness @M_Jay94 And the incentive of high bank charges keeps banks from lending.

[Tapiwa @Tapiwatan]

@M_Jay94 My 2 cents
The opposite might be true.

Pay cash for personal items
And use debt for commercial entities/assets

[Tapiwa @Tapiwatan]

@M_Jay94 It is much more complex.

Zim interest rates range 18 to 30% vs 3-5% USA
Cost of capital is restrictive
Local banks don't offer mortgage to locally employed fellas.

[Tapiwa @Tapiwatan]

@JoshYoung @Kathleen_Tyson_ Which is good.

[Tapiwa @Tapiwatan]

@Hedgeye A bubble has been popped.

[Tapiwa @Tapiwatan]

@baba_nyenyedzi US and China.

The British and European industrial complex ran on and still runs on fossil fuels.

Virtue signalling be the Europeans has crippled them

[Tapiwa @Tapiwatan]

@M_Jay94 Information Assymetry is good for those who are benefiting.
It is a structural advantage.

If a sector becomes flooded everyone in that sector becomes a loser.

Eat with your mouth closed

[Tapiwa @Tapiwatan]

@curious_edline If it is free you are the product

[Tapiwa @Tapiwatan]

@M_Jay94 It's in their best interest not to beneficiate in Zim.

Vanonyudzwa ne Govt

[Tapiwa @Tapiwatan]

@zeustheman05 @Clibert5 4 way stop without traffic light is faster.

Nelson Mandela & 4th Street is a classic example

[Tapiwa @Tapiwatan]

@M_Jay94 Value addition is capital intensive and knowledge intensive.

Govt tried multiple times.
The YouTube video explains

https://t.co/NaUZDFMnCP