Our Government is a Worse Scam than Agraada. IMF loan will be abused (VIDEO)
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Our Government is a Worse Scam than Agraada. The IMF loan can’t change anything and this is why. “The plan from scratch is this borrowing thing because Mr. Ken Ofori Atta and the others have put their bags at the bottom of the borrowing so the more we borrow, Mr Ken Ofori Atta becomes very rich.”
The title of the video you are about to watch may look strange but, there are a lot of common sense and well-explained reasons why Ghana’s financial outlook will not look better. The explanations as to what the government intends to do with the IMF loan make the layman understand what the issues are to make their own judgment.
Ghana is struggling to survive, our currency is in the muddy waters, the economy has been mismanaged, and we have over-borrowed that no one is ready to give us new funds.
Our Government is a Worse Scam than Agraada. IMF loan will be abused
A passionate Ghanaian young man who understands how the Ghanaian economy is being manipulated had this to say in a video sighted by Ghana Education News.
So now they (The government of Ghana) are asking for three billion, three billion, and do you know the intention of that three billion? They are going to use that three billion to hold the system so that they get debt sustainability. It is not even a situation in which government is able to spend from our own revenues. They want to get debt sustainability so that they can borrow more.
It is a situation where I have borrowed so much that nobody is willing to lend me anymore. It is like in this room, you know I have borrowed so much, i have borrowed from him, I have borrowed from you…I want to borrow from him, but he does not want to lend to me. That is what we have done. So what we want right now is to let him (IMF) give us three billion so that we look as if now we have something, then another person feels OK to borrow to us again.
When they are speaking the Economics, Balance of Payment, and Debt sustainability, they make it difficult, that is it.
I owe you, I owe him and so now I have decided to go to the producer, Gift to borrow three billion and look good. Now, when I look good, I can go to Ampedu and say he should now lend me some money. This is what they are doing, this is what the government is doing.
When we do that, and you tell me that this is the last time we are going to IMF, you are a lair, you are a fraudster, you are a scammer.
That is what they are doing. They tell us that, then to go back and borrow more. Ken OforiAtta and President Akufo Addo approach to government is this. Borrow—>Spend—>If you overspend —>Go back, borrow, look good—-> Go back and borrow more
When we say incompetence and all that, it is with the presumption that someone is willing to do good and is failing at it because he lacks the knowledge and all that.
That is not the case, the case is that we have very wicked people leading us who have no intention to do good in the first place.
The plan from scratch is this borrowing thing because Mr. Ken Ofori Atta and the others have put their bags at the bottom of the borrowing so the more we borrow, Mr Ken Ofori Atta becomes very rich.
So the intention from day one was not to do good, so when you say incompetence and all those things, it is with the resumption that someone wanted to do good and is not doing good.
It is not incompetence, it is wickedness, it is share wickedness, the people are just wicked, that is it.
Our Government is a Worse Scam than Agraada. IMF loan will be abused (VIDEO)