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Wednesday, November 25, 2009

Why we are on the slow road to state sponsored collectivism

If you can stay calm, while all around you is chaos...then you probably haven't completely understood the seriousness of the situation. so they say... they were right.
New constitution? Chaos! Old Constitution? Chaos! Kenyan economy? Chaos! Government finances? Chaos! What to do?
And it looks like its going to get worse, the government is finding it, more and more, difficult to get any finances as it moves on. Note that the government is expected to incur a higher debt burden because of the compounding nature of debt.
How then do we get ourselves out of this hole?
Smaller government and increased productivity- very unpopular but very necessary!
Are we going to see this? No! Why? We are going to, more and more, see an intrusive government that will tend to tax more and control more to limit the damage of its intervention. In the next five years, we will be printing money, be in danger of defaulting and the currency will be tending towards worthlessness.

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