‘Zuma does not care much about what happens to the economy’: Suttner

[BusinessTech]

‘Zuma does not care much about what happens to the economy’: Suttner

South Africa’s elite police unit, the Directorate for Priority Crime Investigation also know as the Hawks, this week summoned the country’s Finance Minister Pravin Gordhan to appear at its offices to receive a warning statement.

 

[Beachless]

Thanks for the understatement.

 

[Toxic T]

My opinion. Get your friends into mining for gold and other natural resources. Mess up the rand so badly that the price of the precious metals go up so much that if you sell them in dollars you make a huge profit. Resign. Bring the rand back to what it was. Enough money to last 5 lifetimes.

 

[ScottulusMaximus]

My opinion. Get your friends into mining for gold and other natural resources. Mess up the rand so badly that the price of the precious metals go up so much that if you sell them in dollars you make a huge profit. Resign. Bring the rand back to what it was. Enough money to last 5 lifetimes.

Why would the rand collapsing raise the gold price?

 

[Toxic T]

Why would the rand collapsing raise the gold price?

The price of gold is based on the US dollar. So the weaker the rand value the more rands you can get for a piece of gold.

 

[ScottulusMaximus]

So buy lots of gold now at cheap rand price
**** up the economy
Sell at expensive rand price
Fix economy

= rich

That seems like quite a risky and complicated strategy. Much easier to just buy a uranium mine and force the government to build nuclear power stations, oh wait...

 

[Napalm2880]

The price of gold is based on the US dollar. So the weaker the rand value the more rands you can get for a piece of gold.

Which is why the ANC are stealing from our gold reserves and moving it all out of the country before fleeing - my personal theory.

 

[Fulcrum29]

We are in a sad state. The ANC is holding SA hostage.

 

[Toxic T]

:crylaugh:

So buy lots of gold now at cheap rand price
**** up the economy
Sell at expensive rand price
Fix economy

= rich

That seems like quite a risky and complicated strategy. Much easier to just buy a uranium mine and force the government to build nuclear power stations, oh wait...

Why didn't I think of this. Now only thing standing in my way is to become president and I am set for life.

 

[NarrowBandFtw]

We are in a sad state. The ANC is holding SA hostage.

When we're handcuffed over a barrel with a ball gag in the mouth while a giggling "spear of the nation" is unzipping I don't think "hostage situation" describes it accurately enough anymore.

 

[Albert Broco]

No, Jacob Zuma does not care anything about the economy.

For Jacob Zuma and those who bought him out, it is all about a power struggle - staying in control of the ANC and the country.

Jacob Zuma will be going nowhere come 2019. He will remain the president of the ANC and the country for many, many more years to come!

 

[Agent_Smith]

‘Zuma does not care at all about what happens to the economy’: Suttner

South Africa’s elite police unit, the Directorate for Priority Crime Investigation also know as the Hawks, this week summoned the country’s Finance Minister Pravin Gordhan to appear at its offices to receive a warning statement.

FTFY...

 

[Albert Broco]

We are in a sad state. The ANC is holding SA hostage.

Not the ANC.

Jacob Zuma and the Guptas.

The ANC is being held hostage as much as we and the country are.

 

[hawker]

No, Jacob Zuma does not care anything about the economy.

For Jacob Zuma and those who bought him out, it is all about a power struggle - staying in control of the ANC and the country.

Jacob Zuma will be going nowhere come 2019. He will remain the president of the ANC and the country for many, many more years to come!

If he is still ANC president come 2019 the ANC are in for huge shock when it comes to the elections.

 

[Fulcrum29]

Not the ANC.

Jacob Zuma and the Guptas.

The ANC is being held hostage as much as we and the country are.

The ANC is compromised, what would it take to ‘correct’ their structure?

 

[Albert Broco]

If he is still ANC president come 2019 the ANC are in for huge shock when it comes to the elections.

No, I think the country is still in for a nasty surprise come the 2019 elections. But, in principle I do agree with you, the ANC is in for a surprise. They will never lose any election, but they will surely not get that majority vote they need. Only problem is, will the Zumas and Guptas accept it?

 

[Albert Broco]

The ANC is compromised, what would it take to ‘correct’ their structure?

I do not think they can do anything. Zuma has surrounded himself with a clan of decision makers who will ensure he stays in power for as long as needed. There is absolutely no way the ANC as a party can do anything as this group is the one to make all final decisions within the ANC - no matter if they are the minority of ANC members.

 

[NarrowBandFtw]

The ANC is compromised, what would it take to ‘correct’ their structure?

With every power grab and day that passes without anyone doing anything we'll eventually get to a point where the only possible solution is naked force.

 

[Arthur Morgan]