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Recently one major headline captured my attention in a local daily. The heading read: “Questions over use of Eurobond billions as state borrowing sends rates through the roof”. Probably a considerable number also read it but did not give any further thoughts about it.
This mostly happen because Kenyans in general are more interested in meaningless political rhetoric than any economic activity with the potential to disrupt the social, economic, and political fabric of this nation. The heading that appeared on the daily triggered a statement President Obama once made when he was under pressure to bring the deficit down and grow the economy. This is what Obama had to say:
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