Bring Back The Donde Bill - Pennywise - Wazua

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Bring Back The Donde Bill

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stocksguru7		#1 Posted : Tuesday, December 22, 2009 8:59:18 AM
Rank: Member Joined: 6/28/2007 Posts: 38		too much talk about high interest rates and how rates are coming down or not coming down Can someone i dont care who bring back the donde bill UN PACTUM UN DICTUM
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VituVingiSana		#2 Posted : Tuesday, December 22, 2009 11:44:05 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,223 Location: Nairobi		Short-sighted. Look at the causes not just the symptoms... The GoK is borrowing money at 18% on a pre-tax basis (12.5% nett after 30% tax)... If a bank can lend to default-free GoK... why lend to you at lower rates? Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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