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The ripple effect
brian mackenzie
#1 Posted : Wednesday, March 16, 2011 11:03:04 AM
Rank: New-farer


Joined: 1/17/2011
Posts: 26
Location: nairobi kenya
it appears it is not only the Kenyan N.S.E that is taking a beating,speculators are everywhere and now the wall street is feeling the pinch as a result of the Japan nuclear crisis

http://www.capitalfm.co....uclear-threat-5726.html

Now the rules of economics and the thinkers should formulate theories.Do we go for the classicals and not interfere of for the Keynesians?
VituVingiSana
#2 Posted : Wednesday, March 16, 2011 2:47:25 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,259
Location: Nairobi
@brian - Kenya does not export much to Japan so the effect would be relatively small. As for IMPORTS... yes coz most cars come from Japan [or via Singapore & Dubai]...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
selah
#3 Posted : Wednesday, March 16, 2011 3:57:50 PM
Rank: Elder


Joined: 10/13/2009
Posts: 1,950
Location: in kenya
Its called the butterfly effect.In the eighties something happened in Iran that affected its silver exports, that caused an increase in dental cost around the world ,the reason being silver is a major component in dental fillings.

So what is happening in japan might affect us in ways we are currently unable to pinpoint until it takes effect.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
Cde Monomotapa
#4 Posted : Wednesday, March 16, 2011 5:52:55 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
selah wrote:
Its called the butterfly effect.In the eighties something happened in Iran that affected its silver exports, that caused an increase in dental cost around the world ,the reason being silver is a major component in dental fillings.

So what is happening in japan might affect us in ways we are currently unable to pinpoint until it takes effect.

Interesting...probably devt.finance to Kenya fell through the cracks as well.tihihi. Just saying.
Muthawamunene
#5 Posted : Wednesday, March 16, 2011 6:09:09 PM
Rank: Member


Joined: 1/3/2011
Posts: 264
Location: Nairobi
ha ha ha. eti kenyasian! lol.
the upswing is jus some fund manager looking to recover losses he made in japan.
brian mackenzie
#6 Posted : Wednesday, March 16, 2011 6:27:40 PM
Rank: New-farer


Joined: 1/17/2011
Posts: 26
Location: nairobi kenya
the rate at which both local and foreign investors are speculating with the local currency is dangerous bearing in mind that we are an importing nation.If the exchange rate for the KSH/usd reaches 90 we r done n rumour has it that is the target,nikubaya.

as for exporting to Japan, if the wall street is feeling the effects of this crisis, how long do u think it will take for foreign investors to chuck from kenya given the fact that political risk has increased. Everything is related in the world especially in financial markets.
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