We were warned

[BusinessTech]

We were warned

Talk of budget cuts and other measures to plug South Africa's growing budget deficit should not come as a surprise to anyone - we were warned months ago.

 

[ShaunSA]

No need to be warned. If you didn't realise the cookie was crumbling yonks ago you're doff

 

[ToxicBunny]

None of us are surprised Enoch, we've been telling your lot this for bloody years but noooo, you retards know better.

As jy dom is...............

 

[ShaunSA]

None of us are surprised Enoch, we've been telling your lot this for bloody years but noooo, you retards know better.

As jy dom is...............

Be nice! He has the fancy hat and look smart glasses! Man's brilliant!

 

[Baise]

The government has been warned about many things over the years.
They haven't heeded a single warning, nor will they.

 

[Scooby_Doo]

VAT increase incoming...

 

[FiestaST]

 

[My_King]

we were warned months ago

Months ago?

You sure about that specific time frame?

Maybe a long time ago someone warned about, no no, complained about cadres in charge...

 

[Vox Populi Vox Dei]

The temporary commodities boom gave them a false sense of security

 

[Temujin]

Just print moar, that'll fix it

 

[rvZA]

We were warned

Talk of budget cuts and other measures to plug South Africa's growing budget deficit should not come as a surprise to anyone

Oh believe me, it doesn't. Some of us warned back in 1996 about this when the rot started from the inside. The only surprise is that it took so long.

 

[Velskoen]

Reading through the forum tonight, why do I get the feeling we are finally at a tipping point. Eskom basically done for, the fiscus drained to the point of implosion, civil unrest (expanded from normal levels) due to threatened cutbacks, runaway inflation etc etc.

Things certainly seem to be coming to a point fairly rapidly now.

 

[RedViking]

Reading through the forum tonight, why do I get the feeling we are finally at a tipping point. Eskom basically done for, the fiscus drained to the point of implosion, civil unrest (expanded from normal levels) due to threatened cutbacks, runaway inflation etc etc.

Things certainly seem to be coming to a point fairly rapidly now.

We've been saying that for the last 30 years.

 

[Neptuner]

The moment of doom and gloom has finally arrived? the sky is falling!

 

[Paul_S]

I actually hope we don't manage to contain our debt ceiling and RSA is eventually forced to go to the IMF for a bailout. I cannot think of one loan condition the IMF can force on us which would not point our economy in the right direction at this point.

IMF Conditionality

When a country borrows from the IMF, the government agrees to adjust its economic policies to overcome the problems that led it to seek financial assistance. These policy adjustments are conditions for IMF loans and help to ensure that the country adopts strong and effective policies.

www.imf.org

 

[ToxicBunny]

I actually hope we don't manage to contain our debt ceiling and RSA is eventually forced to go to the IMF for a bailout. I cannot think of one loan condition the IMF can force on us which would not point our economy in the right direction at this point.

IMF Conditionality

When a country borrows from the IMF, the government agrees to adjust its economic policies to overcome the problems that led it to seek financial assistance. These policy adjustments are conditions for IMF loans and help to ensure that the country adopts strong and effective policies.

www.imf.org

We'd go to China or Russia first, and their conditions won't be so good for us.. though they will be GREAT for the Chinese or Russians.

 

[DreamKing]

be careful, someone will pay for what you spent.

warning?????? I don't get it.

 

[Bliksis]

Reading through the forum tonight, why do I get the feeling we are finally at a tipping point. Eskom basically done for, the fiscus drained to the point of implosion, civil unrest (expanded from normal levels) due to threatened cutbacks, runaway inflation etc etc.

Things certainly seem to be coming to a point fairly rapidly now.

It does seem like that, but journalism is about sensation, so I always keep that in mind too.

 

[Beyond.Celsus]

But what does it all mean, Basil?

 

[Bigjay84]

One of the drawbacks of having the idiots in charge