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Hong Kong, Singapore, Ireland, Iceland are all fairly small states, which over decades have shown a very impressive self-sustaining economy.
Um, Iceland's economy pretty much collapsed this year and none of those countries' economies are similar to SA's. For example, Iceland is a massive exporter which is what kept Iceland's economy afloat during booming times - what would the Western Cape export? Wine?
It just doesn't make sense IMO. Imagine if Gauteng decided to form an independant state.
Flaming queens?
P.S Sorry but i just couldn't resist.
Um, Iceland's economy pretty much collapsed this year and none of those countries' economies are similar to SA's. For example, Iceland is a massive exporter which is what kept Iceland's economy afloat during booming times - what would the Western Cape export? Wine?
as to iceland, iceland had a, positive bank balance, positive trade budget, fast growing economy
The 3rd Force will be importing the Pope, have you seen how good the Vaticans economy is?Ask yourself why they were successful up until that point. Again, what would this proposed WC country's economy be based on?
Ask yourself why they were successful up until that point. Again, what would this proposed WC country's economy be based on?
There are too many reasons. Which is why it won't work.
are yu saying that they were succesful due to this bank? which is not correct as he bank hs made big woopsie outof it's high leverageing TMK, somethng it HAS NOT practced before. as to what i rememver, icelad has had no dept, and was running n the green, all up and until '08
The reason "it won't work" is because too many people say "it won't work" - instead of saying "how can we make it work?"
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are yu saying that they were succesful due to this bank? which is not correct as he bank hs made big woopsie outof it's high leverageing TMK, somethng it HAS NOT practced before. as to what i rememver, icelad has had no dept, and was running n the green, all up and until '08
Huh? I asked a simple question. Was a non-ambiguous one-liner.
It appears that you and the bottle of sauce have not parted company in some time though. Tell you what, lets discuss this once you're a little more sober (or at least had your keyboard fixed). TheREV gave a good answer to the question.
The argument that WC is economically lucrative is a double-edged sword though - being lucrative means SA would lose that revenue stream - not going to happen...