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The free fall of the Ghana cedi-one side of the die

Comment: Re: The free fall of the Ghana cedi-one side of th

Author:
EZEKIEL
Date:
2014-02-08 08:13:42
Comment to:
The free fall of the Ghana cedi-one side of the di


In my view, the whole "Cedi-Fall" discussion is too academic. I'm NOT an economist but judging from our GLUTTONOUS APPETITE for ANYTHING FOREIGN, our emphasis should be on MANUFACTURING in Ghana, some of which we can ALSO EXPORT,if NOT to the USA and Europe, because of their policies SOMETIMES to bar ANYTHING apart from RAW MATERIALS,to other African countries!!!
ALL our IMPORTS have to be PAID for in US$ or € !! The DEMAND is just too much and the ABILITY to GENERATE those currencies DOESN'T match!!!
A second point is that our Nation doesn't know HOW TO SAVE.!!! We BORROW MONEY just to SPEND and NOT on REAL JOB CREATION!!!
So many useless Embassies for NOTHING but spending on them to SHOW that we are also (in)-dependent!!!
OUR PRIORITIES ARE SCREWED!!!
JOB CREATION

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02-07 21:38
 
 
 
Re: The free fall of the Ghana cedi-one side of th
EZEKIEL
02-08 08:13