Rvp2018's Posts
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President Magufuli yesterday refused to join an online meeting for East Africa Heads of State that centered on a coordinated response to combat Coronavirus in the region. Sources in Tanzania indicate that the situation in the country is very grim, hospital are getting overwhelmed and fresh graves are springing up every morning. Today the US has issued a Health Alert for Tanzania , citing TZ's failure to communicate their numbers and added that the risk of contracting the disease in Dar-es-salaam is extremely high. A couple of days ago, Zambia totally closed their borders with TZ. Kenya, Rwanda and Uganda expected to follow suit. |
exactly. gallivant: |
They became faulty when they certainly showed a huge spike and you had to fire the head of lab. They are faulty and the BEST we got now. HAKUNA NYINGINE!. If you're looking for perfect COVID-19 test kit - manufacture yours - because everyone is importing whatever is available. When dealing with pandemics - you don't wait until you have all facts - you work with what you have - innovate as you go - what is wrong if you get false positives or negatives - it's better than nothing. Even HIV-AIDs kits are still not perfect. Mzal3ndo: |
But you stopped testing - after Pombe decided to attack your test lab - and now in border post - Tanzanians are turning up with COVID-19. Mtakufa na ujinga yenu. Mzal3ndo: |
OPEC's Next Domino to Fall Could Be Nigeria. One of the oil market’s big problems is its dependence on countries hardwired for higher prices. Libya and Venezuela are down and out. Nigeria is estimated to account for one in seven of the world’s very poorest people Nigerie has $72 million in its rainy-day fund - ONLY https://www.bloomberg.com/opinion/articles/2020-05-12/opec-s-next-oil-price-victim-could-be-nigeria |
Sound macabre. How do you associate darkness with offerings? They must be doing a lot of crazy shiet there chanting Chineke! chineke! Ingwe! mtisTheQubit: |
Seriously - the hobit is perfect description of wode maya, Koffi annan, vax, etc n this answer I will quote the writings of J.R.R Tolkien because as simple as it is, he tells you what a Hobbit is right as you turn past the cover of the book “The Hobbit”. “Hobbits are little people, smaller than dwarfs. They love peace and quiet and good tilled earth. They dislike machines, but they are handy with tools. They are nimble but don’t like to hurry. They have sharp ears and eyes. They are inclined to be fat. They wear bright colors but seldom wear shoes. They like to laugh and eat (six meals a day) and drink. They like parties and they like to give and recieve presents. They inhabit a land they call The Shire, a place between the River Brandywine and the Far Downs.” The reason they seldom wear shoes is that they don’t need them, even if they did, they have feet much too large to fit any size of shoes. The soles of their feet are stiff and thick and protect their feet as a shoe would, plus the top of their feet are covered in fur protecting them from the cold. Shma: |
Yes, that escaped him. It probably linked to Corona...we cannot trade with Corona Magufuli for once. gallivant: |
Moi had all leadership credentials but not education. M7 is an educated Moi. M7 is passionate. He is a sponge and likes to take as much information as possible. mtisTheQubit: |
Yeah that is brutal. I bet they use to sacrifice ghanians. Nigeria is like India. Modernity married with Voodo. mtisTheQubit: |
M7 is very brilliant and wise - dictator yes but very smart. M7 I bet now understand corona more than most doctors. I have lived in Uganda - there is no president like M7 - the guy literally knows every street, or village of Uganda. He can describe boda boda or okada thief in village x like he was there. He knows everything. And he is intellectual. He has a thick accent and likes to explain things in african lanugages - and in kenya most people think you're daft if you cannot speak clearly in English - but M7 is very brilliant. Just watch Corona virus...and he will come tops. mtisTheQubit: |
Nigerian - the bleaching capital - have this thing where they call Ghanians - short darkish beggars - famine legacy of 1980s - and Ghanian refer to Nigerians as brutish thugs. Shma: |
Precisely. Natural resources inflate GDP. But when they drop - the economy drops. gallivant: |
Corona has really exposed their tinpot dictator for the fool he is. Pombe Magufooli. He completely lost his nuts. Tanzania will be ostracized in the world. mtisTheQubit: |
NO it wasn't me. I think it was Gallivant or Mti who stated the hobbit - seem caricatured description of Ghanian by Nigerians - like a short funny looking dude. Shma: |
Corruption precipitation index - I know its mistake - but I like it. Being dependant on one commodity like say Ivory Coast with Cocoa makes you as vulnerable as Nigeria with Oil. Danielnino00: |
Yes, there is also such a possibility. Kenya, as have always said, has serious issues captured by instability index (ethnicity, corruption), but it's doing well economically the last 15 plus years. What I can certainly predict is Ethiopia going down very soon. samorobo: |
Agriculture pays zero taxes. Ask me. Even in Kenya it contributes 25% of the economy and 70% of employment but contributes nearly zero to taxes. You cannot tax somebody planting his rice or arrowroots - and selling it in the farmers market. Agriculture is meant to feed people - not run gov. Maybe you can get a dollar for market rates every week. Outside natural resources - you can only tax formal economy - manufacturing, financials, formal retail, etc. Don't think because you suddenly plant so much rice or yams - you'll become rich. Danielnino00: |
What if it doesn't pick? Danielnino00: |
the collapse of oil - means the collapse of federal gov (90% of all revenues) - means the collapse of Nigeria - and break up of north, south & east - those are already mini-nations. The same will happen in Ethiopia soon and DRC eventually. Ethiopia is probably 2-3yrs from a serious break-up. See Venezuelas. Danielnino00: |
Then you know making 30yr projection is moronic. South Africa rand has dropped 30%. That is mini-Zimbabwe. You just need to double down that figure - and you're at Kenya's horizon. And don't run back to GDP PPP. jln115: |
He can google all-day but some of us are paid more than 150K dollars per year minus perks to do very complicated sh.iet that you cannot just google. mtisTheQubit: |
Considering how he cannot handle basic arguments - I don't think he can do what some of us do. If he was to be put in charge of high availability zero downtime systems running a hundred of dockers container orchestrated by Kubernetes with load balancers and proxy servers with blue-green deployment all hooked up to CI-CD pipeline at AWS and Azure -and you still have to manage the software development - he will go crazy! Be happy to use of some of these very complicated systems that some of us run. mtisTheQubit: |
He makes it sound like software engineering is like being nuclear scientist or I don't which career is so rare. mtisTheQubit: |
The keyword hobbit is DEPENDANT. Just30: |
Let's say I have no career but I am actually a rodent seller on some highway. Let me know when you need the best rodent meat and soup - and I will get you sorted. Just30: |
Yes, all the economics I know are self-taught. I'd appreciate some free lessons on how wrong. What I posted is more political economy. I have seen countries split - Sudan - and their GDP drop from 140b to now 40B. I have seen Zim become paupers in an overnight. I have seen Libya GDP drop from 150B dollars or about to 10B dollars. Look like this is beyond the paygrade of investment analyst. jln115: |
There is the possibility of Nigeria going civil war - and splitting - and South Africa becoming ZImbwabwe. The rand seems to be sensing it - which explains 32% depreciation. That is a capital flight on a grand scale. Your nominal gdp is down by 32% - depreciate by another 20% - and you're about half kaput - rand depreciate by another 30% from today - and your nominal gdp will be equal to kenya. That can happen in 1yr - currency depreciation of 60%. Brazilian real is down - 42.4%. The nominal gdp is therefore nearly halved. That happened in like 2 months. So 30yrs is a big joke. jln115: |
Every country has resources. We are not resource-dependent on minerals like Ghana or Nigeria or South Africa. IMF and WB have a little chart for such countries. Ghana is very lucky to now belong to both...but still you're eating rodents https://blogs.worldbank.org/sites/default/files/developmenttalk/capture1_0.png Just30: |
There you start with juvenile arguments. Just30: |
Minerals are prospected and mined for by foreign companies - if we had them - they would have come for it. Danielnino00: |
Yes, Morroco - give it 2-3yrs. Algeria is a bit far ahead - 5-7yrs. Nigeris is just about there. South Africa which is truly the Africa giant - 15yrs. mtisTheQubit: |
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