Kenyans were aroused with election heat. Kenyans were preparing to engage in electoral intercourse. Sadly this is Africa and elections usually end up in unwanted pregnancies.
A few years ago the world was a happy place, economies were growing and people were optimistic, the American middle classes had credit cards and Chinese counterfeit exports were surging. It was a wonderful time as the Kenyan economy soared and people were getting richer. Unfortunately all these came to an abrupt end when everybody discovered American Banks had been doing witchcraft with peoples money. The banks had done a "disappearing" trick on the stage and unfortunately the money disappeared completely, the banks started folding up and the American government had to provide some relief in the form of bail outs and stimulus plans.By then America had sneezed and Europe had caught a cold... The Africans would soon be shivering....
At a round the same time as things in America started going burst Kenyans were aroused with election heat. Kenyans were preparing to engage in electoral intercourse. Sadly this is Africa and elections usually end up in unwanted pregnancies. Kenya's election became a circus show that had gone wrong, the circus elephant had eaten a clown and the monkeys were slinging excrement at the audience and it wasn't good. Soon Kenya erupted and CNN had a new story to air all day long, the tourists fled and the economy tanked. Luckily Kofi Annan came and helped people shake hands...
The drama internationally culminated in a black American president. The huge stimulus packages had extended American debt and economic confidence in America swayed and recently the Triple A credit America had was downgraded by standard and poor's. In Europe the Greeks were having a severe bout of fiscal malnutrition as the era of cheap European loans came to an end. Unfortunately Greece had spent the generous European credit on lavishly extensive social programs and now they could not afford to pay the debts, soon it would emerge that most of the southern European states had over exposed themselves to euro debts, The Italians, The Spaniards and the Portuguese had also been exposed. Suddenly the Euro started to look like it would crumble as the Germans were the only major European economy with solid finances.
Soon everybody started talking about the Big emerging economies holding the Key out, it then turned out that the Indians were nursing some severe deficits and they were cutting subsidies for fuel. The Americans were raising currency management issues with the Chinese and the Europeans are apparently allergic to growing Chinese influence, The Japanese seem to be playing political musical chairs, The Japanese keep rotating prime ministers like Baby sitters, then they were hit by a major Tsunami that impaired the competitive sectors of its economy...
All these sound out there for most Kenyans, unfortunately it seems the Chicken are coming home to roost, interest rates have almost gone back to the 90s rates with 25% seeming quite common of late, Inflation has even inspired musicians to sing things like "Narudi ocha", The currency has almost gone under completely and everybody seems to be going on a strike, Lecturers, Doctors and the nurses nearly did.
Apparently the world has gone into the gutters, it seems all of a sudden the era of sound economies has dissolved into thin air, everything seems to be in crisis, Stocks are loosing, deficits all over, debt all over, revolutions here and there, people are starting occupations all over... What happened?
Everbody, I will be off for a while as I sit for my exams but I promise to be back and with a bang. Thanks and have a wonderful Madaraka day, sorry, Jamhuri day.
No comments:
Post a Comment