
231. Kenya, Energy & the IMF with Jusper Machogu
The Bitcoin Standard Podcast
Government Subsidy Cuts, Corruption, and Debt Cycle in Kenya
The chapter delves into how the removal of fuel and fertilizer subsidies in Kenya by the government under pressure from the IMF led to increased costs for citizens. It explores corruption within the government, allegations of dirty deals involving subsidies and taxes, and the influence of Western organizations like the IMF. The discussion also covers the cycle of debt and control enforced by international bodies like the IMF, contrasting it with China's infrastructure investments in Africa.
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