Rand knocked out by energy crisis

[BusinessTech]

Rand knocked out by energy crisis

Investec's chief economist outlines the rand's performance for the first month in 2023.

 

[ShaunSA]

 

[RazedInBlack]

View attachment 1466717

Shocked?

 

[Kung Fu Porkchop]

Shocked?

Can't be shocked if there's no power

 

[grok]

Just another unintended consequence of putting ignoramuses in charge..

 

[Agent_Smith]

Oh great, there goes the fuel price...

 

[rvZA]

The Rand is a useless currency in any event. Dollars, Pounds, Euros are the way to go.

 

[Fulcrum29]

I am curious how long it will take the state to blame the media on stirring negative sentiment?

 

[LCBXX]

Fire this fscking president already!! What's the hold-up?

 

[Baise]

Fire this fscking president already!! What's the hold-up?

And replace with who ?

 

[LCBXX]

And replace with who ?

First things, first.

Fire cvnt Ramaphosa.

 

[Pegasus]

And replace with who ?

https://twitter.com/i/web/status/1378280971796090880

 

[backstreetboy]

The Rand is a useless currency in any event. Dollars, Pounds, Euros are the way to go.

Thanks I'll pay with dollars at Checkers.

 

[rvZA]

Thanks I'll pay with dollars at Checkers.

Will happen rather sooner than later. Seems people are already losing confidence in the Rand and many on social media instead prefer dollar payments. When this takes post and the Rand gets dropped, be sure you have a lot of Dollars and Euros. It will make up for that R123,259,587,256,99 toilet roll shops will charge if you pay in Rands.

 

[Pak Fa Fui]

How do make it out from energy crisis, it was high R16 two weeks ago when it was also energy crisis

 

[quovadis]

Fire this fscking president already!! What's the hold-up?

Who's your pick to replace him?

 

[rvZA]

Who's your pick to replace him?

Malema. We can try, at least. After him there are more than 60 million others we can try too. Who knows, maybe just one may work.

 

[quovadis]

Malema. We can try, at least. After him there are more than 60 million others we can try too. Who knows, maybe just one may work.

And by then the zar will be even more worthless. At least have a decent succession plan.

 

[rvZA]

And by then the zar will be even more worthless. At least have a decent succession plan.

It's okay, in my opinion there is no single person in SA that can stop this decline in any event. So, let it rip.

 

[Slowestclock]

Invest in BTC, wait for halving in 2024,buy golden visa with profits. This is not financial advice