This article from Newyork Times really got me thinking.
https://www.nytimes.com/2017/12/12/world/asia/sri-lanka-china-port.html
Sri Lanka has to give away it's port rights as a sovereign nation to China due to it's inability to repay its debts. Which begs the question, are we really careful when it comes to borrowing by the state? Are we looking into the future or are we engaging in development plans by borrowing more than we can afford to repay. That coupled with corruption and mismanagement of funds especially in my country is a worrying trend and frankly, if that continues, we might as well be headed in the same direction with all the ongoing projects along the Kenyan Coast. I just hope it doesn't come to that but the odds are really high, time we sober up.
