A little wisdom to govern a nation this current government doesn't have it taken Assin donpem economic man to come and teach them how to manage the economy may God bless wise man honorable Kennedy Agyapong the next president of Ghana because it's clear all this so called intellectuals in our politics doesn't know anything about Good governance but all they know is big English and useless borrowing.
Infact ken ofori Atta and the bank of Ghana governor has landed the npp party into opposition all cos of lack of communication and engaging the public in sum of their policies hmm they did same thing with E levy and flopped!!
Understand financial issues in government it's not a one man show. Stretch that ugly nose out to the almighty Britain's situation to flatten that empty head.
Hahaha they have finished empty ur wallet, now they are entering ur house and take everything u have after they will eat u alive. God please have mercy on ur people.
This is a global crisis…The riskiest investment to do now is paper assets especially bonds because of quantitative easing from the FED..The US which is currently the world’s debtor nation at the moment is experiencing an inflation reduction act..It’s an effort to curb surging inflation which is caused by the FED increasing interest rates…Ghana as a nation is bankrupt and with the bond market being the biggest in the world where we end up borrowing from with compounding interest..With the current Debt exchange program, money will be borrowed from bonds to settle our debts so having bonds as an investment is risky because part of your expected return will be taken from which is what they term a haircut to settle debts.
@@ObiDaGuard that’s right…Debt Exchange goes to affect interest on government bonds as well…Since the country is bankrupt, it can’t pay for expected returns on investments so a portion of compounded interest is “cut off” in an attempt to manage the economy..It also affects employment and wage bill..I’m projecting companies might lay off employees in order to reduce their expenses.
@@ObiDaGuard You’re right but sadly enough these bonds aren’t there to serve investors…They’re there to serve the banks first…That’s cruel..In my opinion I wouldn’t buy a bond bcos I have little or no control and it’s highly manipulated just like the stock market
@@ObiDaGuard If you’re saving your money in a bank now that’s risky because interest on it is at most 1%. With quantitative easing and inflation, your money is worthless
One global phenomenon which is happening is our pension schemes…Our pension systems are broke and people will only realize most of their hard earned money towards their pensions will either be stolen or given way less than their expected amount…These financial markets especially stocks and bonds are highly manipulated and the investor has little or no control…With an incoming recession and with surging inflation, saving in banks and investing in stocks and bonds is risky in my opinion
Pension is an unwritten agreement between generations. Pension is social, like free education which is also social. And social is always financed by the WORK. In Ghana there is NO work, so how can one finance social.
Who does America owe to default debt? The US owes the Federal Reserves which is in the US. So they owe nobody. Ken shouldn't roll other countries in our mess. We didn't go to IMF early and that was why we had this problem.
Have u ever heard of US government bonds......other countries buy those bonds as investments.....meaning USA government owes those countries...US owes China alone trillions of dollars...Do some research before u post.....
Please read about USA debt ceiling you Will understand what ken said. But it won’t happen they will raise the debt ceiling again even though it will be back and forth
Class action lawsuits will be years to reach settlement and fetch pennies to at the numbers, we need some solutions not brags you cannot discuss economics in other part of the world in public if you're naive. Most well to billionaires are attracted to about 40% taxes on their businesses how much do the Ghanaian businesses do, under invoicing and false declarations compounded by illegal use of power in their facilities. Start being a crusader for truth in business eventually others will follow .
You are a senior man in the ruling party and member of parliament, why have you been quiet all this while waiting for an ordinary citizen to start crying after it has been passed? This man is a hypocrite. Fight the issue from scratch. Don't wait for people to ask you before you start talking
@OBEEMA i always tell you to stop using we coz some of us don't agree with you.I believe in whatever Ken said,i never used we.Don't forget he is far better than your lazy father.
He has been talking all the time but you guys think he's a fool now you're asking him why didn't he speak? What do you want from him? If he speaks you will talk, when he didn't speak you will talk so what do you want? Kennedy agyapong can never be intimidated for doing what is right so go and sleep.
Kennedy always brag he is very wealthy. Why don’t you and your fellow ruling party putout some of your money to help bailout Ghana if you really live that country as y’all always claim.
Charge her for attempted murder, it's a crime. I lost 40% of my investments in two days during the stocks crash. I understand that I may loose part of my savings when there's crisis or severe war outbursts.
Massa, he has been doing this over the years not because he wants to be president. Was he not the one who was fighting the big guys in NPP who were involved in the galamsey issues? Are you a new visitor in Jerusalem?
