The heading of this week's The Economist Magazine boldly states, "East Africa’s most important country is failing to pick itself up after a traumatic and bloody election". The article again looks at the major problems pulling reform behind with the root of all the political confusion conspicuously being a leadership regime that just won't get it. With inflation at a rate of 18%, 4 million reportedly depending on food aid, dragged justice just really is too much for Kenyans to handle not to mention growing tensions arising from the angry and highly charged mostly-youth population. If leaders or should I say same old leaders, don't really put their words to action now and implement reform and serve justice as best desired by Kenyans, I am really afraid of a bleak future comprising instability and chaos generally.
Of course problems facing the East African stronghold do not just stem from the post-election violence and processes following from the violence but they are very deep-seated issues which would probably need more time to fix than is being expected but just for the sake of the immediate future a quick and rigid solution needs to be reached at quick hastily. Kenyans' problem's with political differences will not just be decided at a court but should come from the people themselves. That is probably a question for another day so for now, why don't "we" all just get done with the acting and do something about the delayed justice which as I see it might be a huge course of concern from the international community(which has to again be the big Bretton Woods institutions which we are now forced to look up to).
Why should we let justice and the demise of a few front line individuals, which is definitely what some of the alleged instigators are looking at by me, pull our rating down?
You can read the whole Economist article here
"Writing is a cop-out. An excuse to live perpetually in fantasy land, where you can create, direct and watch the products of your own head. Very selfish." Monica Dickens
Saturday, October 10, 2009
Tuesday, October 6, 2009
Speaking of Bears
This is one interesting read and I particularly like when they describe the bears as, "The word “bear” brings to mind an irrational, angry creature that lashes out at anything in its path. Of course, like their animal counterparts, some bears can be very wild indeed. The most excitable bears are not so much polar as bipolar. They dabble in conspiracy theories and talk of the collapse of civilisation and the need for investors to sell all paper assets, buy gold and retreat to Idaho. But bulls can be overenthusiastic too, talking of new eras in which asset prices will reach undreamed-of heights (remember the book “Dow 36,000”?). Over the past 20 years it has been the repeated interventions of central banks to rescue bulls, not bears, that have contributed to the current mess by encouraging too much risk-taking."
View full article here from the Economist.
View full article here from the Economist.
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