Silent economic sanctions against the US are being cooked in the kitchens. The value of the US dollar will begin to depreciate as major economic global players boycott it and use their own currencies to seal business deals.
The value is determined by the volume of circulation, and with the Chinese, Russia, Brazil and now Saudi Arabia working out deploying own currencies in goods and services transactions the clout of the Uncle Sam to impose its will diminishes accordingly.
Nothing personal just tending to one of their own. We too have been brooding a vibrant CCM political class at our huge cost to the tax payer.
No wonder widening the tax net has taken a new dimension and urgency altogether to squeeze dry our little cash that may go to feed many mouths of retirees now sprouting all nooks and crannies of our life.
Our problem is the pension scheme is too skewed to dishonour the rank and file. We need equity in pension payouts
JamiiForums uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.