True that. @Wukan has just taken us back to events preceding the Great depression of the late 20s all the way to our current leadership. Funny enough, the bible, in the old testament, has chronicles of Kings. the one i like the most is when the Kingship moved to a young person, who refused to listen to the counsel of the aged (like Mzee Kibaki in matters economics) and instead listened to his fellow agemates. You can imagine the kind of advice he would get.
By the way, kibaki had an economic counsel in place, during his reign.

AAK SAYS NO TO THE EXPRESSWAY
After many consultations & presentations, including one from KeNHA; AAK - whose members are planners, architects, QS, Engineers, project managers, landscape arch, etc. have made the informed decision to petition KeNHA to stop the project.

I see you are on a mission to kill the perma-optimists here who keep hoping and praying - but mostly praying - for some kind of economic miracle to surmount the malaise.

I partly disagree on the point of everything hinging on leadership and by extension politics. The social and economic variables always move way ahead of the political situation prevailing at any one point. Politics is a therefore a consequence not necessarily the determinant.

For example, that is why despite the rapprochement nothing changed course including the NSE. Further afield in SA, even after booting Zuma the xenophobia continues and I suspect little to no reform will be acoomplished by Ramaphosa. In Zim, after the departure of Mugabe the monetary experiments and political represssion continue unabated since the social fabric(social psyche/integration) and economic variables haven't changed one bit. On the other end of the spectrum Botswana and Ghana(save for their debt appetite) are chugging along just fine despite the political changeovers. Politics/leadership is just a case of the tail pretending to wag the dog.

The key for KE as is for many African countries is demographics. That is whether they will be able to harness the demographic dividend of a young population or will it turn into a never ending spiral of social upheaval.

Where did @Mugundaman go to lol Dumbest chap on this platform.

Leadership is important, demographics are important, but the most important thing is to understand that the basic unit of the economy is the human individual's physical and psychological structure. This is the base of all economics that we have been overlooking.

Call it 'humanism' in its most ancient meaning. If we can invest in humanism, then we can turn clay into Gold. You can imagine what would happen if we were to produce gold even at mashinani.