United States has billions of dollars waiting to invest in South Africa

  • Thread starter Thread starter Shaun Jacobs
  • Start date Start date
Not going to happen. The ANC is a narcissistic organisation - they're unable to admit they're responsible for the mess SA is in. Hell, they're unable to admit there is a mess.
 
The ANC has always been anti-West, throwing in their lot with some of the oppressive regimes on the planet (Russia, Iran etc.). They hilariously think that an alliance of largely corrupt, useless and poor nations is going to undo the Western-led global order.
 
The US government debt is $40tn. I think they should worry about investing in their own country first...

Google:
Total National Debt: Approximately $40.07 trillion (as reported by the U.S. Treasury Fiscal Data).
Per Person Share: Roughly $117,000 for every individual in the United States.
Debt-to-GDP Ratio: Around 124% to 125%, meaning the total debt is larger than the entire annual economic output of the country.
Interest Costs: Servicing the debt costs over $1.2 trillion annually, making interest payments one of the largest items in the federal budget—surpassing national defense spending.
Click to expand...
 
The key word is "invest". This is funds to help the country not to put into the back pockets of people so they're not interested.
 
Gordon_R said:
The US government debt is $40tn. I think they should worry about investing in their own country first...

Google:
Click to expand...

This isn't altruism, SA has something companies want.

Bozell said the United States is particularly interested in investing in the extraction and processing of critical minerals found in South Africa.

***
“We want to invest in South Africa. You have critical minerals that are of importance to us. We make no bones about that,” Bozell said.
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