Resignations in.....

gdiza said:
aka Crisis in country...

We might as well be in a war for all the good it will do!

aka no confidence in SA.

I wonder if they'll threaten to pull the 2010 WC because it can only get worse if ppl dont come right.
Click to expand...

I get that but what I don't understand is how the US $ ties into all of this? Why is it sky-rocketing? I don't understand all of this :confused:
 
mercurial said:
I get that but what I don't understand is how the US $ ties into all of this? Why is it sky-rocketing? I don't understand all of this :confused:
Click to expand...

The Dollar is not going up, the Rand is going down ;)

because of people not buying "Rand"

Dollar vs Euro remains just about unchanged, this means the Rand is taking a hiding
 
Theres no more confidence in the country, so every country is probably dumping whatever rands they have on the market. Also there has probably been a run on the usd from locals wanting to get some cash out before the currency collapses completely.

Well thats how I understand it anyway
 
This bad news for now, but chances have now sky rocketed that we will see a new political party who could do pretty well and damage the anc's major majority to maybe a but over half the votes.

In that respect its not all bad
 
As lame as this is going to sound... I bet DDV_TECH will say something, but I actually believe SA will come right in a day or 2...

I have faith in my country ;)
 
Skinner said:
I stand ready at the bank to transfer my massive Euro funds to Rands, with a big grin on my face. Life is good. :cool:
Click to expand...

I think I speak for a lot of us here. Please p!$$ off
 
You must log in or register to reply here.
Back
Top
Sign up to the MyBroadband newsletter
X