“Ghana is sick” – Rashad fires over the government’s haricut on Michael Blackson’s $1M

Days
ago,
acclaimed
comedian
and
actor,
Michael
Blackson,
expressed
significant
disappointment
with
the
Ghanaian
government
following
its
default
on
Eurobond
payments.

Michael
Blackson,
who
is
of
Ghanaian
descent,
had
invested
in
Eurobonds
to
fund
his
charitable
initiative,
the
Michael
Blackson
Academy,
located
in
Agona
Nsaba.

In
a
series
of
posts
on
X,
Michael
Blackson
detailed
his
frustrations
with
the
government’s
decision
to
prioritize
debt
repayments
to
other
nations,
particularly
China.

He
stated
that
his
investment
was
intended
to
ensure
the
long-term
sustainability
of
the
free
school
he
established,
but
the
government’s
actions
have
jeopardized
these
plans.

Prominent
Ghanaian
blogger
and
vlogger
Rashad
has
voiced
his
concerns
about
the
government’s
controversial
decision
to
impose
‘haircuts’
on
bondholders,
warning
of
the
worrying
future
effects
on
the
country.

Speaking
passionately
on
the
latest
episode
of
GhPage’s
“Rash
Hour
Show,”
Rashad
criticized
the
government’s
actions,
suggesting
that
there
is
something
fundamentally
wrong
with
Ghana.

He
accused
the
government
of
behaving
like
an
insurgency
because
it
is
actively
working
against
the
interests
of
its
citizens
rather
than
supporting
them.

“Instead
of
assisting
well-meaning
citizens,
the
government
has
turned
itself
into
a
force
that
destroys
things,”
Rashad
lamented.

The
blogger
stressed
that
the
government’s
negligence
is
eroding
trust
and
creating
a
hostile
environment
for
both
local
and
foreign
investors.

Addressing
Ghanaians
living
abroad,
Rashad
offered
a
stark
piece
of
advice:
keep
your
money
and
spend
it
when
you
retire.

He
suggested
that
the
current
economic
climate
in
Ghana
is
not
conducive
for
investing,
urging
the
diaspora
to
be
cautious
with
their
hard-earned
funds.

According
to
Rashad,
the
reckless
fiscal
decisions
of
the
government
pose
a
significant
risk
to
investors’
savings,
making
it
better
for
Ghanaians
abroad
to
safeguard
their
wealth
until
they
return
home
later
in
life.
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