The USA Loves Kenya

🇰🇪 We are disheartened to hear of the recent political turmoil in Kenya. We are happy President Ruto has decided to postpone the tax reforms. We are worried about Kenyans and Kenya's financial situation. We understand that Kenya has become a victim of China's debt trap, and that they currently spend over half of the country's revenue on servicing debt. We understand that Kenya's debt was recently restructured, and yet the situation has not significantly improved. We understand that Kenya's total national debt is about $80 billion US dollars.

We would like to propose extending a loan to Kenya for the full amount of their debt to be used to pay off all of their current debts. We would like to make the repayment terms of the new loan we extend to Kenya to be income driven. We would like to limit the amount of Kenya's payments to no more than 25% of Kenya's total revenue. In return we will ask Kenya not to engage in any more transactions with China, or any other nations, that would require them to take on new predatory debt. We would like to ask Kenya to minimize the tax burden on their citizens, which is necessary for a healthy economy and society, and to seek increased revenue through economic growth. We would like to ask Kenya to use 25% of their revenue to invest in their infrastructure and small business development to improve their economy. We would also like to propose a few economic reforms for Kenya that will make the country more attractive to private investors, and in turn improve their FDI, boost their economic growth, and boost the country's revenue.

There are numerous economic possibilities in Kenya. The USA needs to create a new critical minerals processing hub in Africa. It makes more sense to process critical minerals in Africa, rather than transporting them all the way to China to be processed. Nairobi, or the surrounding suburbs, could be a potential location for such a hub. Nairobi is an urban center in Kenya with a brilliant workforce, and of course, as Kenya prospers and grows, there will be a steady flow of migrant workers looking for jobs in Nairobi. Kenya also has an underutilized railroad from the city to the coast, which could be used for transporting processed materials from the city to a shipping port. This is just one potential scenario for private investors to consider. Kenya is also a financial hub of Africa, and is looking to grow other economic sectors. The USA is also looking to shore up their supply chains with allies, rather than rivals, and it would make sense to move some of those supply chains to Kenya who wants to grow their manufacturing industry. Americans are also interested in pursuing more trade with the democracies in Africa, and significantly reducing our trade with authoritarian regimes like China. The USA also needs more naval bases in the region - that's another possibility to consider. Kenya is a land of opportunity.

It is really easy for an economic superpower like the USA to raise the roughly $80 billion in capital that would be needed to refinance Kenya's national debt. There are numerous ways to raise that capital, my favorite being more tariffs on China, so the USA would not be using American tax dollars to do so. This will also create a new revenue stream for the US government, so that the US government does not need to rely so much on federal income taxes for federal revenue. Kenya is a high growth, middle-income nation, and with our backing and investments, the risk is low, but Kenya could also offer some sort of collateral to convince conservative minds in the US Congress. I think it would be an excellent deal for both nations, and as the US-Kenya relationship matures, we can evaluate the success of this strategy, and it could become a new model for our relationship with other democracies in the region.

We have a special bond with the Kenyans. Kenya is a new favored economic partner, and a new non-NATO ally of the United States of America. We wish to kelp Kenya get through this financial crisis. We wish for Kenya to be a success. It is in our interest to ensure the Kenyans succeed, and to show the world that Americans will stand by their allies in every corner of the world. xo