{UAH} The J-Curve effect of YKM on Uganda's politics
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10:11 AM |
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Folks:
YKM 's actions have set Uganda on the equivalence of a J-curve effect, which refers to the negative impact of currency devaluation on the economy. In the short run, the economy deteriorates before picking up in the long run. That is what Ugandans should expect to see for the remainder of YKM rule. Things will get really bad , ugly and violent.
Consequently, politics and the overall welfare of Ugandans will worsen as YKM tries to shower up his loyalists whose motivation is not the good of the country, but their stomachs.
So the big question is this: how short will be the short run? The long run obviously refers to a post YKM Uganda. As has been said in UAH over and over in the immediate aftermath of YKM, things will not could get really ugly -read violent-before they get better.
In a nutshell YKM's legacy for Uganda, will ironically, be more, and not less violence. In the end all politics ends up in failure. YKM and all those allies he is now falling out claim they fought so Ugandans can have a better future. Well his actions point to the exact opposite: more violent! Newton three in action.
WBK
YKM 's actions have set Uganda on the equivalence of a J-curve effect, which refers to the negative impact of currency devaluation on the economy. In the short run, the economy deteriorates before picking up in the long run. That is what Ugandans should expect to see for the remainder of YKM rule. Things will get really bad , ugly and violent.
Consequently, politics and the overall welfare of Ugandans will worsen as YKM tries to shower up his loyalists whose motivation is not the good of the country, but their stomachs.
So the big question is this: how short will be the short run? The long run obviously refers to a post YKM Uganda. As has been said in UAH over and over in the immediate aftermath of YKM, things will not could get really ugly -read violent-before they get better.
In a nutshell YKM's legacy for Uganda, will ironically, be more, and not less violence. In the end all politics ends up in failure. YKM and all those allies he is now falling out claim they fought so Ugandans can have a better future. Well his actions point to the exact opposite: more violent! Newton three in action.
WBK
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