KISERO: For state of shilling, austerity needed - Daily Nation
Tuesday October 11 2011

With the parlous state of the shilling, all-round austerity is clearly required

The financial markets are in a state of panic. The instability of the shilling has nothing to do with some conspiracy theory. It has nothing to do with pre-election machinations of the moneyed segments of the political elite. What we are seeing is more or less a run on the shilling.