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SCOTT BOLSHEVIK

@scottbolshevik • 38,009 subscribers

MBA Finance | Analyst on Politics, Economics, Governance & Global Affairs | Debt & Equitable Development | Proud Madridista

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South African engineers, quantum physics and neuroscience happily dancing after sacking foreigners who took their jobs.

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Ghanians should oppose dual citizenship for people holding sensitive government offices in Ghana. It will turn Ghana into a satellite state. Holding public office is optional. if you can’t serve without divided loyalties, stay out. Most advanced countries restrict dual citizens from key security or foreign policy roles: the US, Canada and the UK limit certain security posts, and Italy does the same. Ghana should follow this principle. Why risk turning the country into a satellite state?

Ghanians should oppose dual citizenship for people holding sensitive government offices in Ghana. It will turn Ghana into a satellite state. Holding public office is optional. if you can’t serve without divided loyalties, stay out. Most advanced countries restrict dual citizens from key security or foreign policy roles: the US, Canada and the UK limit certain security posts, and Italy does the same. Ghana should follow this principle. Why risk turning the country into a satellite state?

SCOTT BOLSHEVIK

168,298 views • 4 months ago

It was a good call from H.E. John Dramani Mahama. Many concessions granted over 60 years ago were poorly negotiated sometimes exchanged for things like schnapps. Even Kwame Nkrumah had to overturn several colonial-era agreements. That history shows why old concessions must be reviewed to protect Ghana’s interests.

It was a good call from H.E. John Dramani Mahama. Many concessions granted over 60 years ago were poorly negotiated sometimes exchanged for things like schnapps. Even Kwame Nkrumah had to overturn several colonial-era agreements. That history shows why old concessions must be reviewed to protect Ghana’s interests.

SCOTT BOLSHEVIK

20,834 views • 3 months ago

As a Ghanaian, you have to see this as an existential threat. These Muslims and Fulani from Nigeria and Niger play the victim until they become the majority, and then violence begins, as they don’t respect freedoms of religion and don’t assimilate. Why did Tinubu and Buhari not only turned a blind eye to Christians being killed in Nigeria? Now that they are the majority, freedom of religion is no longer guaranteed.

As a Ghanaian, you have to see this as an existential threat. These Muslims and Fulani from Nigeria and Niger play the victim until they become the majority, and then violence begins, as they don’t respect freedoms of religion and don’t assimilate. Why did Tinubu and Buhari not only turned a blind eye to Christians being killed in Nigeria? Now that they are the majority, freedom of religion is no longer guaranteed.

28,441 views • 6 months ago

Promise made. Promise delivered. Indeed, H.E., you promised Ghanaians and you have delivered. ✅ inflation From 56% to 5.6%. ✅ Policy rate: 30% → 15.5%. ✅ Cedi: 16.4 → 10.8. ✅ Credit rating: CCC+ → B- ✅ GDP Growth: 5.5–6.1% in 2025 ✅ Current Account: Surplus $9.1bn ✅ Debt to GDP 48.9 % ✅ Debt sustainability restored. ✅ FX reserves strengthened. ✅ Budget deficit narrowing. ✅ Banking sector stabilized. ✅ IMF program back on track. Stabilization → Recovery → Growth.

Promise made. Promise delivered. Indeed, H.E., you promised Ghanaians and you have delivered. ✅ inflation From 56% to 5.6%. ✅ Policy rate: 30% → 15.5%. ✅ Cedi: 16.4 → 10.8. ✅ Credit rating: CCC+ → B- ✅ GDP Growth: 5.5–6.1% in 2025 ✅ Current Account: Surplus $9.1bn ✅ Debt to GDP 48.9 % ✅ Debt sustainability restored. ✅ FX reserves strengthened. ✅ Budget deficit narrowing. ✅ Banking sector stabilized. ✅ IMF program back on track. Stabilization → Recovery → Growth.

SCOTT BOLSHEVIK

19,195 views • 4 months ago

KOJO’s issue isn’t his marketing background it’s his repeated misunderstanding of basic macroeconomics. He’s nowhere knowledgeable than those managing the economy. Ghana needed stability first. No money is “lost” when a government intervenes in the foreign-exchange market. Intervention is simply an exchange of assets to stabilize the currency. The central bank pulls excess cedis out of circulation to strengthen the currency and holds them temporarily. As the economy grows and naturally needs more money in circulation, those same cedis can be released without printing new money. This is standard monetary policy: ✔ Stabilize first ✔ Support growth later ✔ Avoid unnecessary printing ✔ Keep inflation under control Projects continue, development continues, and the economy is being managed not harmed. The only thing exposed is the gap in understanding, not a loss of money.

KOJO’s issue isn’t his marketing background it’s his repeated misunderstanding of basic macroeconomics. He’s nowhere knowledgeable than those managing the economy. Ghana needed stability first. No money is “lost” when a government intervenes in the foreign-exchange market. Intervention is simply an exchange of assets to stabilize the currency. The central bank pulls excess cedis out of circulation to strengthen the currency and holds them temporarily. As the economy grows and naturally needs more money in circulation, those same cedis can be released without printing new money. This is standard monetary policy: ✔ Stabilize first ✔ Support growth later ✔ Avoid unnecessary printing ✔ Keep inflation under control Projects continue, development continues, and the economy is being managed not harmed. The only thing exposed is the gap in understanding, not a loss of money.

SCOTT BOLSHEVIK

20,513 views • 6 months ago

That’s very short-sighted analysis and people are retweeting it. For him, it’s supposedly good if the cedi trades at GH¢16/USD so cocoa farmers get ¢3,760 per bag instead of ¢2,587 at GH¢10.9/USD. Cocoa affects only about 10% of livelihoods in Ghana, while currency appreciation impacts the other 90% including stocks, real estate, staple foods, bonds, foreign debt servicing, and overall living standards. Thinking that depreciation ‘benefits’ Ghana just because farmers earn more per bag completely ignores the bigger picture.

That’s very short-sighted analysis and people are retweeting it. For him, it’s supposedly good if the cedi trades at GH¢16/USD so cocoa farmers get ¢3,760 per bag instead of ¢2,587 at GH¢10.9/USD. Cocoa affects only about 10% of livelihoods in Ghana, while currency appreciation impacts the other 90% including stocks, real estate, staple foods, bonds, foreign debt servicing, and overall living standards. Thinking that depreciation ‘benefits’ Ghana just because farmers earn more per bag completely ignores the bigger picture.

SCOTT BOLSHEVIK

12,565 views • 4 months ago

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