Kenya Lacks economic principles to be affected by a mere ruling. Just #AuditIEBCServers. The MAIN VARIABLES and sub-variables that forms a SOUND ECONOMIC EQUATION (NOT A RIGGING EQUATION) are all in SHAMBLES. Court Ruling is not one of the SHOCKS that a PECULIAR, RAGTAG and BANDIT ECONOMY such as Kenya responds to:
1.) Inflation in this country is on the roof and has been so even without any ruling in the country. The CBK MONETARY POLICY THIEVES like Patrick Njoroge, Sheila Mbijiwe and Mohammed Nyaoga just to mention but a few are much keen on making money than putting the economic safeguards to tame such useful variables. Then the UTHAMAKI fraudsters tells us that an already DISTORTED economy has been affected by the ruling.
2.) Unemployment (Labor) in any country is an important economic variable. The looting government decided to suffocate this variable further and unemployment stood at 39% even before the ruling. This variable was already set to WORSEN when the government set a date for banishing PLASTIC BAGS not knowing that many Kenyans are employed by these PLASTIC MANUFACTURING FIRMS.
They claim plastic bags are NON-BIODEGRADABLE thus posing a risk to the environment. They forget that this action renders the manufacturing firms immobile having taken loans for the expensive manufacturing machines. Why did the government clear the machines at the port if they knew their use was going to be curtailed? This action has a direct effect on CAPITAL FORMATION of a country and they can stand to tell us NSE WAS AFFECTED BY THE RULING?
In addition, Kenyans have much worse life threatening problems than the harmfulness of plastic bags.
- Kenyans do not have food let alone where to carry it.
- Kenyans are unhealthy not because of Plastic bags but because of inability to afford a balanced diet.
- Thousands of rural Women are dying during birth not because of Plastic Bags, but because the money donated by USAID to help them was looted by the FIRST LADY MARGARET KENYATTA through the FICTITIOUS BEYOND ZERO CAMPAIGN where, just like LUSAKA and his NON-CARCINOGENIC WHURUBARROWS, 40 Foot MOBILE CONTAINERS were bought at an ASTONISHING PRICE of KSH 2,000,000 each.
Uhuru’s sisters wrapped it up when they BLATANTLY TOOK OFF with a DEAFENING KSH 10 Billion from Ministry of Health.
3.) When the FRAUDULENT PRESIDENT signed into law the capping of interest rates charged by banks, the economy refused to respond as expected. Economically speaking, a reduction of interest rates was a political decision which was aimed at an increased access to money (Loans) by the citizens. This was expected to in-turn lead to a saving disincentive translating to a spending incentive. A spending incentive drives up the price of goods and services thus reducing the value for money. The market refused to respond as intended but instead there was a CONTRACTIONARY RESPONSE to the access for money as banking cartels prioritized risk as opposed income.
NOW IF OUR CARTEL ECONOMY REFUSED TO RESPOND TO A DELIBERATE POLITICAL ACTION BY THE STATE UNDER THE WATCH OF CBK, WHY WOULD SOME UNREFINED HELLBILLIES COME OUT AND TELL US THAT A RULING AFFECTED THE NSE?
4.) Stock Exchanges are designed to ATTRACT WORTHY SHAREHOLDERS to blue-chip companies. Unfortunately, NSE is run by PROFITEERING CARTELS who thrives in MARKET TRICKERY to position otherwise Financially Weak Corporations as profitable ones. The so called blue-chip companies under NSE radar are full of SCANDALS (Check on NYAKUNDI’S blog) and cooked financial statements. Luckily, Kenyans are so poor as to be able to buy any meaningful shares and the existence of NSE do not make any sense to them. On the other hand, EXTERNAL INVESTORS are fed up with the LOOTING nature of the Kenyan Corporate Directorate and have been running away to TANZANIA way before the election, let alone the SCOK (Supreme Court Of Kenya) ruling.
NSE Cheating continues and as late as recently, one of the well-known thieves and owner of CYTON INVESTMENTS (A SHARP CROOK who STOLE from another SET OF CROOKS by the name of BRITAM owners through a deliberate over-valuation of Britam Investment Instruments thereby walking away with the difference between the real value and the extrapolated value) went live on TV to mislead people on the vibrancy of Real Estate Industry yet we all know the INDUSTRY IS SUSTAINED BY CORRUPTION MONEY.
For NSE thieves to stand with their HEADS UP and mislead Kenyans that a mere ruling on a Fraudulent Electoral Process caused a tumble on NSE stocks, is the BIGGEST EXAMPLE OF HOW KENYANS ARE CONSIDERED TO BE FOOLISH.
For instance the apartments in LAVINGTON sold for KSH 75 Million by CYTON INVESTMENTS yet the cost of constructing a single unit is not more than KSH 7 Million inclusive of land cost. If the houses are not sell-able, it should not be blamed on SCOK ruling but fear by the corruption cartels to buy the houses for possible TRACEABILITY when a legit government is installed. 99.99% of Kenyans do not earn enough salaries to take mortgages of houses costing KSH 75 Million.