Growth & Development

“People with courage and character always seem sinister to the rest.” — Hermann Hesse

@Danny456080 SAPs destroyed Kenya's economy under Moi in the 90s.

Ghana 1983 IMF structural adjustment destroyed local manufacturing Zambia was forced to privatize its copper mines its own wealth and saw virtually nothing in return Nigeria under Babangida implemented SAPs that public services and birthed the poverty we’re still fighting today

“A young man who travels a lot is older than an old man who stays in the village.” -African Proverb-

Better to be hated for walking alone on the right path than loved for following fools in the wrong direction.

@Danny456080 China is people-centred.

China told the IMF to mind its business, built its own institutions, invested in its own people, protected its own industries until they were strong enough to compete. Economic sovereignty is the foundation.

@east_facts Useless

FACT: Kenyan economist David Ndii was once described by the Telegraph as one of "Africa's best known economists". He is the economic advisor to Kenya's president William Ruto. He also worked with former Kenyan president Mwai Kibaki who was among the world's best economists.

Execution is the only opinion that matters.

"Intelligent people make decisions based on opportunity costs." — Charlie Munger

“Everything is theoretically impossible, until it is done.” – Robert A. Heinlein

So foreign investors get 30 year tax holidays, and domestic businesses don’t get to reinvest profits back into their businesses?

It's pretty wild that the Nobel Prize in Economics has never been awarded to an economist based in China.

A country cannot tax its way into prosperity. Growth comes from production, innovation, manufacturing and supporting entrepreneurs to expand.

The enemies of the people are those who keep them in ignorance - Captain Thomas Sankara of Burkina Faso.

You can't outperform bad governance. It will catch up with you. Even if you are well off. Middle class should understand this.

Foreign powers love unstable African countries because instability creates dependence.

EVs are actually better than gasoline cars for extreme rural areas for a very specific reason: you can generate electricity anywhere, but you have to have fuel shipped in. Putting solar out in the yard is far, far, FAR easier than driving hours to the nearest fuel station.