South Africa, the largest and strongest economy of Africa, turning into a shite hole.
No, used to be. It is Nigeria.
SA is not distend second.
South Africa, the largest and strongest economy of Africa, turning into a shite hole.
Where? Economists don't have a crystal ball to make predictions. They can only state the likely result of certain conditions being true.Isn't the one who predicted R20 to the $ two years ago? He's a bit of a prophet (well most economists are, but he's of the doom persuasion). He makes prophecies and goes about stoking the fires to make sure they're fulfilled.
...maybe we ALL lose everything we have accumulated.
First world in the political sense and not socioeconomic.South Africa.....
Was once seen as the "1st world country" in Africa.
South Africa was given to the ANC........Now the country is just another "shithole country" in Africa.
Only by white people who choose not to look at the conditions the rest of the country where forced to live in...South Africa.....
Was once seen as the "1st world country" in Africa.
South Africa was given to the ANC........Now the country is just another "shithole country" in Africa.
Only by white people who choose not to look at the conditions the rest of the country where forced to live in...
It was the case when the Chiefs of that time conceived the idea, hence the isolation. Unfortunate but true. We've (All South Africans hopefully) since moved on.Nope those conditions were much better than the rest of Africa hence all of them trying to move here.
Those infrastructure, allegedly only build for whites are still supporting all of us 25 years into kleptocracy.
even the s-hole parts were better than most of africa..... actually the migrant labout system was more humane than the current china one.... which no one says anything about.Only by white people who choose not to look at the conditions the rest of the country where forced to live in...
Being better than the rest of Africa doesn't make you a first world country...Nope those conditions were much better than the rest of Africa hence all of them trying to move here.
No, having first world quality infrastructure in all main areas does, and it was slowly spreading to the rest until the regime change started eating away the previously accumulated capital and ramping up debts.... then there's the idiots that thinks everything magically grows back who never stopped burning everything.Being better than the rest of Africa doesn't make you a first world country...
Here you go -- you can make yourself usefulThis is the most likely outcome.
Luckily this will not happen to everyone. I am sure by now that most open-minded and intelligent people would have protected their money against the government. Sad for those who did not.
WHERE is the --How to destroy a country
South Africa is on a path of destruction and is on its way to becoming an “unhappy country” like Zimbabwe and Venezuela.
This is the view of Efficient Group founder and chief economist Dawie Roodt, who was speaking at an event hosted by the Free Market Foundation.
How "slowly"?No, having first world quality infrastructure in all main areas does, and it was slowly spreading to the rest until the regime change started eating away the previously accumulated capital and ramping up debts.... then there's the idiots that thinks everything magically grows back who never stopped burning everything.
Dude, I see hardly anyone replies to you. Wassup man, all good on friday?Here you go -- you can make yourself useful
Thank you for askingDude, I see hardly anyone replies to you. Wassup man, all good on friday?
Depends on whether you use hours or days I guess. Everything I read about the 1950-1990 era only re-impresses upon me just how much of what actually got done actually constituted miracles because sanctions, low expert population levels, cripling social programs (such as those huge hospitals in black areas and modernising schooling for everyeone), all modern infrastructure having to be built from scratch, etc. Everything before was either still industrial era, destroyed from the wars or non-existent to begin with.How "slowly"?
OT: What was debt-to-GDP ratio in the early 90's? I'm just curious.
not fair comment as the whole world had us under sanctions, compare apples with apples.How "slowly"?
OT: What was debt-to-GDP ratio in the early 90's? I'm just curious.