₦airaland Forum

The madness.
Ukraine will disappear - how now
It will empty out people.
Nope. Ukraine will be admitted to NATO and EU - and will cut itself permanently from being vassal state of Russia.
And that is what this war is all about.
Ukraine to continue as Russia biatch or Ukraine to declare independence from Russia - and pursue better deal from EU.

It looked like a bad idea initially - and I thought the comedian was nut to provoke Russia - but I overestimated Russia.

Now Ukraine look really good - they are getting billions of money in financial aid - and have found a job to do - wear down the Russians.

As long as they are fighting Russian - they are assured of money, weapons, etc.

It's Russia to eventually sue for peace and retreat to the north pole.

Just30:
aid that will only come in a year or two time which Ukraine might not even be in existent by then.
Before the war, the country had 45 million people, a debt ridden economy but with a future and today they have only 25 million with no hope because it productive economy is in the East.
With electricity currently not available and the current blizzards of winter, they might only be left with 5 million people and a wasteland by end of winter.

If it had no strategic advantage, the Ukrainians won't move all it troops to Bakhmut.

Wagner fighting force is not even up to 50,000

Ghana has defaulted on all it's domestic and external debt - save for multilateral debt - for a month now.
Kenya has not defaulted.

Bankruptcy is like diarhoea - you cannot hide it.

Just30:
you're wasting words

A country flush with cash can't be bankrupt dumb idiot

I can mention every single debt that Kenya has defaulted on ... You can't do same because Ghana has paid all it due debt.

Russia has never been under threat from Ukraine slowpoke.
Russia biggest threat is NATO - not Ukraine.
And so far it's got itself in almost civil war with Ukraine - funded by NATO.
NATO couldnt be any happier.

Ukraine is depleting Russian fighting capacity as Russian also doe the same - and who is happiest - NATO.

Meanwhile NATO is expanding formally into Finland & Sweden - and practically apart from Belarus - Russia will soon be sorrounded by NATO.

Ukraine definitely joining EU and NATO - now that they've called Russia bluff.

Just30:
The fact is , it was the dumb pentagon who has only one Russian expert that was saying looking at the force of the Russians, they'll be in kiev in 3 days.

The Russians had no plans like that because they weren't even interested in taking Kiev or even all of it.

So far the Russians have achieve most of their goals and turned Ukraine into a beggar for military assistant.
Today all of Ukraine fighting force is nonexistent except for volunteers from across the borders.

War is not about holding worthless ground but about wiping out your opponent fighting capacity which the Russians have done.
Now Ukraine is only throwing it remaining infantry into a meat grinder


https://www.youtube.com/watch?v=2FWM0waMDA8

Russia mercenaries - Wagner group- are wasting artillery trying to prove themselves.
They are wasting prisoners' life - of the 50K wagner group - 40,000 are prisoners.
There is no progress in Bakhmut and it has no strategic advantage.
Heck half of Donbas now is under Ukraine.

Russia has lost this war long time ago.

What is going to happen likely the civil war in border btw Ukraine and Russia will continue - and Russia is biggest loser.

Ukraine is assured of military and other aids to continue this proxy fight.

Just30:

You've forgotten that winter war mostly favors the attacker

50,000 artillery rounds per does not look like struggle for the Russians... Who ever is on the receiving end of that is the one struggling

You're wasting bandwith with that useless image.
Your country hired 5 top consulting companies - Lazard and others.
They also had IMF technical team.
They looked at everything including those funds GENIUS
And all came to same conclusion - Ghana is bankrupt.
And latest recovery is 2037.

IMF,Lazard, GSA, Hogan Lovells and all the sovereign credit ratings = GHANA IS BANKRUPT.

That is just how thick-headed your treasury really is - because it has taken so much effort to convince it - it's bankrupt.

Just30:
bunch of nonsense

This should be enough to silence you except you're just a noise maker.

Kenya will need 40 to 50 years to get out of it current bankruptcy which has led to 4 commerical loan default and a bilateral loan default

And the Ukrainans aren?
They are fighting Ukraine in their land.
They are not fighting Germans or French in their land.
The Ukraine are fish under water - and it' Russia now struggling.

Just30:
The Russians are masters of winter warfare.. they invented it.
Ask the Germans how the Russians moved from Stalingrad during winter, facing the bulk of the German army and got to Berlin before the Americans.
Or you can ask the French during the Napoleonic era, how the Russians moved from Moscow during winter and almost got to Paris before forcing the French into a peace accord.

Russia need mercenaries for proxy wars


Some education for you

https://www.youtube.com/watch?v=D4WIdDStqeE

Utter Nonsense.
They had strategy to take KIEV and failed.
In fact, they wanted to take it within 72 hours.
And that war ended the day they gave up on KIEV - and from there it been back pedalling.
Now they are in the fridges - back to areas that been a war zones from 2014.
Now we have civil war in the same Donbash/Luhansy border regions with Russia.



https://www.youtube.com/watch?v=EqUl0sGYiG4

Just30:
Russia had no interest in taking Kiev but they'll make sure they consistently degrade Ukraine military capability until Ukraine become a country with no military.

The Russians have already won the war and the economic war... The US doesn't seem to have disrupted Russia influence in the various countries they sort to.

Ukraine today has no hope for a future ... They should have prevented it like they wanted to instead of being *pussies and allowing themselves to be blackmailed by the US and UK.

All the billions of dollars in aid only ended US politicians pocket and the MIC pocket as kick backs ... The little the received ended up in Ukrainian generals pocket and kept breaking down because US weapons are not meant for perpetual war.

The war is not a stalemate kiddo ....

Let me tell you .. Ukraine is not arming up because the US can't produce enough to stockpile them unless they strip some other country of the capacity.

The Russians on the other hand have a 500,000 strong army well equip and just sitting across the border waiting for Surivikin to be done with the 3rd phase of grinding Ukraine.

Today Ukraine has no working artillery piece or very few of it, the Turkish drone ain't coming and the American switchblade drones have failed to make an impact.
The Brits BM mackmaster personnel carriers are useles, the howitzers are breaking down and the Himars are being intercepted and their launchers immediately wiped out.

Ukraine shouldn't have engaged in this proxy war and focused on resolving their debt issue which Russia was willing to help with and effectively build their country. Now everything is in ruin

This video by Prof Clarke should be compulsory watch for low-IQed morons here who dont understand just how Russia long lost this war


https://www.youtube.com/watch?v=EqUl0sGYiG4

Ghana is bankrupt the day it announced it cannot pay debt.
If it had some money stashed somewhere - for a rainy day - they would have cashed it -
and use it to pay debt - as they wait out the ukraine storm.
I bet they've already withdrew from those funds and have empitied forex.
It ranked JUNK by all credit ratings.
And prepare for your banks, investment funds, pension, insurance to go under.
And then more mess that will finally convince you - that Ghana is bankrupt.

Pray for debt restructuring deal to be striken otherwise IMF wont be helping you soon.
It maybe at least 2-3yrs using Zambia as model to nail a debt restructuring deal.

Then IMF can start giving you money & fixing things. Until then chaos.

Just30:
Most times you're insane

How are you going to solve Kenya bankrupt status? Ghana is not there with Kenya

How can they move with rusted infantry - in muddy and snowing Ukraine.
There is no serious war going on now until end of winter.
Russia have deployed mercenaries as their army are depleted.
The wagner group are just trying to prove themselves using human wave of poor mercenaries and prisoners.

ariesbull:
in Bakhmut the Russians called the operation Meat Grinder...and that is what it is doing ..Grinding Ukraine Army

The world that matters are the rich nation.
EU and US alone like half the world GDP.,,each almost 25% of world GDP.
You can get Ghana or Kenya vote - and it wont add or substract anything.
Russia has been sanctioned heavily - by many countries that matter.
And more sanctions are going their way.
And more ominous for them - Europe is decoupling completely from Russia - building alternative energy supplies - meaning in future they can keep it isolated for long.
Russia will now depend on China completely economically.

ariesbull:
Russia isn't isolated...in the last UN Vote,more than half of the world is in Supprt of Russia

Russia lost this war the day they backoff from taking Kiev.
They've been on the retreat since then.
Ukraine was hopeless as the war started but they have rallied western support
And when given a chance with military donation - they've proven themselves capable of turning the tables
And now the military aid is flowing from rich western nations - US this week 40b, Netherland 2B, name it they are throwing money & weapons.
What does Russia have as allies in the war - Iran, Turkey and fair weather chinese & indians

The war now is on stalemate due winter - it's muddy fight - and there is no big war going on.

Ukraine is arming up for springs.

Just30:
Okay.. let see them win
They've not been winning since the war begun... What makes you think they will win now that they've lost a lot of their combat ready force and fast depleting their reserves?

They have just 120,000 men left and that is why Europe and the US is calling for a political settlement that will preserve Ukraine instead of watching the Russians and Belarusians launch their counter offensive that will annihilate them with a strong army of 500,000 men in motorized brigades

Ukraine did not take Kherson back, the Russians gave it to them as a trap that suck the Ukrainians into a couldron that grinded 20,000 Ukrainian men.
You should read about how Ukraine lost it entire foreign train troops in their southern attack.

The Russians are doing the same thing in Bakhmut... Attracting more Ukrainian soldiers into it and meat grind them causing Ukraine to loose 70% of a 40,000 strong defense force in Bakhmut and forcing them to withdraw the rest.

Now 20,000 more new troops of Poles, Romanian, Georgian, Americans and Brits have gone to reenforce Bakhmut just when the Russians have enter the Eastern side of the city only walking on dead Ukrainian soldiers after artillery bombardment from far away

Sometimes you can be all sane. If dwarf Nana had a brain - he would long have fired him - as MoF. He is responsible for bankrupting Ghana and cannot be part of the solution.

Just30:
I'm very happy people have made sure he's going down ...

It didn't start today, he collapsed his competitors businesses 4 years ago out of no real reason. Most of which ended in court cases which he lost.

Those businesses he collapsed were much larger than his and those gurus were going to make sure they collapsed his. My prediction was as soon as the next govt come into office but thanks it's happening even sooner.

Creating strategic bank run on certain institution is NSA like move

Save the words.
Ukraine will win the war.
Russia will become a pariah state.
The only major city Russia seized was the regional capital Kherson - and Ukraine took it back last month.

Just30:
Finland and Sweden were always in NATO and that is why the Russians developed the Bastion missile system as counter to whatever surprises that will come from that.

One year from now, there may not be a Ukraine to even talk about because the Poles are looking to take back their regions that are part of Ukraine and Russia is not interested in Western Ukraine and will be happy to let the poles have it like Putin mentioned in 2015 during one of his engagement in St Petersburg.


That is the difference between Russia and US... Russia does not seek to create failed states and especially for Ukraine, Putin was very enfactic to his generals on not targeting civilian and civilian infrastructure as well as not interested in taking out the political establishment of Kiev because they very much wanted a Ukraine that they can still call their brothers due to a 1000 years of history.
All of that changed when Russia enter a 3rd phase of their operation and now they are preparing a 4th phase that will end the war completely as Ukraine military capability has been degraded.

The US already knows this war is done and that is why Biden started conceiving defeat last week by mentioning that they will support Ukraine as long as the country still exist.

Before you type anymore nonsense... Go and learn what the Russians did in Syria to end that war.

Also go and learn wisdom from John Mearsheimer and col Doug McGregor. And not the script readings from neocons and the uniparty bs that they've spread all over


Don't forget all the monies going to Ukraine is a loan that will have to be paid back.. The EU is demanding sale of public lands and asset.
What a pity

Ghana - Investment Fund or Bank owned by Minister of Finance the 1st to collapse - hilarious if it wasnt tragic. Apparently, they've close offices and asked staff to work remotely to avoid the beatings from frustrated clients who cannot withdrew their money.

And the man still run Ghana finance ministry

"Meet the Finance Minister Ken Ofori Atta, who manage Ghana and DATABANK into Bankruptcy. What a remarkable excellence finance minister."

https://www.pulse.com.gh/news/local/angry-databank-customers-threaten-to-burn-down-the-company/59x0np2.

Look here mad cow.
The fact that Ukraine-Russia are fighting means Russia is just another run of the mill country.
If USA attack a country - they disable it within a few hours - max a week.
That is a super-power.
What you're describing are details or motions; Ukraine has reduced Russian to it's peer.
The war is evenly matched - heck we can even say Russia has some edge
Fact is Russia is no longer a super power.

Ukraine a country most people didnt know - is now fighting Russia on almost even ground - and winning. It's like Mexico giving USA as much as it takes.

if US was to attack Ukraine or Mexico or Canada - it will not last 24hours - before they take over - the destruction in those 24hrs will be extensive.
What happen next is whether we have guerrilla warfare or not - not a conventional war.

Russia is over and done.

Finland and Sweden are in NATO now - Ukraine is already NATO - because it's getting military aid from NATO.

You can focus on the details and nitty gritties - or look ahead one year from now. Russia and Putin are well cooked.

Just30:
Sorry it is not NATO and will never be.... The Russians have drawn a line there

The NATO declaration in 2008 with attempt to draw Georgia and Ukraine in cause the Russians to drawn a line and that line has remain there ... Which led to the Russian Georgia war and has also led to the current issue and Russia isn't backing down, while preserving Russian infantry from unnecessary lose of life.

The only people being Lynched are the Ukrainians as they've teemed it a meat grinder.... A slow meat grinding war is only playing to the advantage of the Russians as they slowly grind Ukraine military capability and drain Europe and the US of their military stockpile.

Russia is not isolated, as we saw at the UN, they have 70% of the world population backing them... This neocon view is the reason why Ukraine has been sacrificed to a meat grinder just for Europe to suffer the consequences while Russia benefit as a largely self sufficient society..

You're quite dumb, Ukraine is not getting any real money shy from a billion dollars or 2 to keep the bureaucracy in Ukraine going.

Biden entire cabinet is busy asking him to negotiate with the Russian but his neocon buddies is asking him to stay the course.. This is what led to his speech that he is willing to negotiate with Putin.
Putin doesn't seem interested at the moment than to also be saying that he is willing to negotiate because everything is currently playing to his advantage...
The war has only led to Putin popularity surge because he seem the only reasonable person on the global stage at the moment.

Biden will rather be taken out by old age before he will see the end of Putin... The Russians Revere Putin and more so now than ever.

The Russians will keep grinding Ukraine military capability with artillery and walk over Ukrainian KIAs when they move in to conquer more territory...
As master of winter war... They'll not be carrying out any major offensive this winter and will keep to grinding Ukraine.

The bear was better left sleeping than angering them into a war which they can be very brutal at.

The Russians are prepared for this war and have adjusted fairly for the war after the realities they saw in May... The US and Europe aint.... Their economy has fare better and become even less dependent.

Recap of the dark continent with many bright specks. Kenya has about 9.5M customers - adding almost 1.2million new connections. When connection hits 12m - in another two years - we would be close to universal electricity access. Kenya had over 12 million households according to the last census done in 2019. The majority, some 7.4 million, lived in rural areas, while 4.7 million dwelled in urban zones. Nairobi City was the county with more households, approximately 1.5 million.

Now this something. Not rebadging Chinese cars. As ugly as it look - it's first version - and is actually built in Nigeria.

Africa gov should invest in such ventures.

GeneralDae:
A beautiful Made-in-Nigeria Electric Bus built by Nigerian mustapha gajibo in Borno and called “KAANDE” /OURS in Kanuri language .

Let assume that is true.
What is basically mean is that not in cash form that you can use.
You have to wait for it to mature - if maturity is 10 or 20yrs - you have to wait.
Therefore, look for another straw to save yourself from bankruptcy.

Just30:
The country names ain't important to us as long as it follow theses rules. Mostly European debt

Invested in so many unnamed countries?

Just30:
I guess you don't know that what I posted is the law governing the Committee responsible for investing Ghana sovereign wealth funds...



Are you asking that question after reading what you just read?

Ghana sovereign wealth funds are invested into so many countries debt as well as debt guaranteed by IMF and WB.

Let me post it for you to read again so you can be ashamed

Yes China caused COVID and we will ask them to extend the repayment for railway from 30yrs to 50yrs. If they refuse - we will pay. Debt must be repaid.That minister was my college friend - and was recently with China ambassador - nailing the next stage of the railway funding.

Kenya and Uganda are preparing to sign two big railway loans from China now.

Just30:
What ever makes you happy...

Trying convincing the world that you didn't just have to take a few million dollars fine from China to add to the debt you already can't pay and asking china for renegotiation despite all the years in moratorium they gave Kenya

Ghana bond holders will ensure that Ghana can borrow next year.

I gave you a link to your own audited soverign wealth - and you're rebutting with generic description.
Where are your funds invested in.
US treasury bills and bonds?
Or Ghana

I know you thought they were cash sitting somewhere - where you can use it to pay debt. Never mind they are also empty - having been drawn down regularly. If you add all of them - they are not even a billion dollars

Just30:
Lunatic

You're really desperate

Let me attached for your reading where all the funds are invested. You can take interest in the part where it said not in Ghana.

1) Kenya has had no problem and has no problem with paying off China debt. The reason Railway Development Fund - 1.5% of any import to kenya is levied RDL - that annually.

RDL since 2013 has raised 1.5B dollars. China requires annually 80M dollars - RDL alone - raises 1.5% of 20B dollars - which is 300M dollars annually.

2019
https://www.theeastafrican.co.ke/tea/business/kenya-s-railway-levy-to-rise-by-30pc-but-where-does-the-money-go--1421034
"Conservative estimates show that since 2013, the RDL has generated a staggering $920 million based on the rate of growth in the value of imports, which increased from $13.2 billion in 2012 to $17 billion last year according to Kenya National Bureau of Statistics data."

2) China is preparing to lend kenya more money for Railway - feasibilities studies for extension are complete - and China will sign it off early next year.

3) Ghana cannot borrow in next decade anywhere outside IMF/WB/AFDB. It definitely cannot borrow from Eurobond or domestic market until it's investment grade - somewhere in 2040. Even kenya now cannot borrow. It has to repair it rating to investment grade.

You must be rated above above BBB- or Baa to be investment worthy - meaning you can borrow. Junk like Ghana needs two decades or more to get back there.

Just30:
lunatic

Because Kenya ties with China has cooled off due to Kenya defaulting on Chinese debt ... You guys have horridly turn the begging bowl to the West smooching

A rating downgrade does not mean shit except for the fact that it will increase your next borrowing cost.

Ghana sovereign wealth mostly invested in gov bonds - which are now in default . Mad man look for another straw. That one has snapped.
https://www.bog.gov.gh/wp-content/uploads/2022/11/Petroleum-Funds-2021-FS.pdf

This kind of sickness - at national scale - is quite intriguing.

"Global Ratings agency S&P has lowered the sovereign rating on Ghana to ‘selective default’ from CC, a day after the country announced it would suspend its debt payments to some external creditors including holders of Eurobonds."

Just30:
sweating looks like taking budget support from IMF cause you have nowhere else to go... Casting your insecurities on us has never helped you.

As far as everyone knows, Ghana is paying it debt and has budgeted 3.5 million for debt due next year.

Kenya is the only country that has defaulted on 4 separate debt payment causing China to fine your country.

Fact is,

Ghana forex has increased to 9 billion and Kenya has drained hers to 6 billion..

Ghana's SWF are growing in value and Kenya does not have any.


Your president is asking Kenyans to contribute money so he can forfill to help his wife the bet he lost...have you sent yours?

Copied from another kenyan

Ghana mess.
"Very true but their President also over borrowed domestically and abroad taking away all credit from businesses. Tax collection stalled and they struggled to offset Forex demands inflows Vs outflows. Reminds you of our previous administration.

They took too long - 3 years to even acknowledge the problem. They could have rescued themselves in 2020 during COVID period by adjusting fiscal policy to new realities but they instead continued unabated."

Classic deny and deflect.
Kenya has not come out sweating on sunday to announce it cant and wont pay debt.
Kenya is ranked B - Ghana is ranked D - defaulted.
By the time you emptied the forex and suspended debt repayment - that includes anything on sovereign wealth.

Just30:
anytime you mention bankruptcy, just take a look at this and know that Kenya does not have any and that is why it is bankrupt...

Yes Ghana has been paying it debt Kenya is the only one that has not been paying it commercial loans and bilateral loans because it is Dem broke.... Boy your country is even borrowing concessional loans to pay salaries.
That is how bad things have become for you


There's nothing in your dumb head

Ghana has the best investigative journalist on the continent who have blown alarm on a lot of bad deals to cause their cancellation before the lost of serious money... I wish same for Kenya

I doubt. Bostwana from what I know the black there live better than black of South Africa. South Africa is incredibly bless with minerals - it's citizen should be enjoying high standard of living.

jl115:
The last time a report was done in Botswana 61% lived in slums..... So Botswana isn't your best example

Try again

Also : "I don't believe in If anymore, if is an illusion, if is for children" - Roger Whittaker

You discovered Gold is great after emptying your forex?
The gold barter trade is desperation.
What you gov need to do is become fiscally discipline starting today.
Dont wait for IMF - institute a serious budget cut - of more than 50%.
Ruto in Kenya came in - and didnt need IMF - he unilaterally cut 3 billion dollars out of this year budget.

Zambia new president found a bankrupt country - and I think he will straighten things in a decade. That would be amazing.

He is nearly nailing a debt restructuring deal...these things will take time....then you have to start paying.

Then a decade - in 2037 - you'll be back to borrowing again from domestic and external debt market.

vaxx:
You are actually an idiot. So many similar trades exist thru out the world in such similar note. Gold for weapons , black gold for hosting right of FIFA world cup( the one qatar just did of recent ) maybe we are likely to be on run for gold soon when we stop using dollars as a standard to measure out currency. Gold has so many properties that makes it more valuable to used than money, it far beyond trade by barter.

PWC are bean counters - accountants. They cannot predict anything. And yes I know PWC of course. 10 of my colleague at university joined PWC, KPMG, Deloitte, Ernet & Young. They didnt have any accounting degree. We did CS. At least in Kenya they recruit from any field - because essentially they are auditors - who just get locked in a room - and told to confirm a tonne of paper receipt.

Again make your projection of South Africa economy using the skills you already got.

Try this - predict the next 3yrs - then 5yrs - then 10yrs.

Do the same for kenya.

Easy.

jl115:
No... People who work for PWC are actually skilled and experienced for that specific task.... You aren't

You don't have sound reasoning, you proved it when you said people like you and me work for PWC.... People like me with a degree in Chartered Accounting work for PWC, people like you don't, however I understand this is an anonymous thread so my so called qualifications are not valid in a debate here

I showed you IMF predictions as well... Not just PWC

Do you even know who PWC are?

South Africa can stand still and not grow a single % and Kenya can grow @ 6% annually and it would still take Kenya 22 years to reach SA...... If we stood still!!!!


Do you understand now how stup1d your argument is?

Kenya leads with credible data....not based on survey...but real trading volume from Chainalysis.

Kenya is ranked first globally for peer-to-peer cryptocurrency trading volume and fifth worldwide for total cryptocurrency activity. Kenya is the leading African country amongst 10 countries globally in terms of cryptocurrency holdings and blockchain- related transactions.

Just30:
you're wasting your time

If it was Kenya ahead, this platform would have been blasted with it

So they ask people in survey and extrapolated that 65m - 1/3 of Nigeria have used crypto. That is implausible. It bollox really.

GeneralDae:
I think it depends mainly on the platform. Remember that the Nigerian Government is stricter on crypto compared to Russia and the likes. Nigerians focus on p2p transactions and other forms of trading.

This is from Binance themselves:

In a recent survey that evaluated dozens of countries according to crypto usage, Nigeria ranks 1st as the country with the highest crypto adoption in the world.

The survey finds that one-in-three Nigerians have used or owned crypto at some point.

https://www.digitaltimes.africa/binance-ranks-nigeria-as-the-leading-country-per-capita-for-bitcoin-and-cryptocurrency-adoption-in-the-world/